140D0423F0623↗

Name: 140D0423F0623: Personal Financial Counselors
Creator: SpendQuery
License: https://www.usa.gov/government-works

Magellan Federal, Inc. received this contract from Ibc Acq Svcs Directorate (00004), Departmental Offices: $153.74M obligated so far for support- professional: other. It runs to 2027-05-14, or to 2028-05-14 if every option is exercised.

Key facts · data as of Oct 22, 2026

Recipient: Magellan Federal, Inc.
Awarding agency: Departmental Offices (Department of the Interior)
Contracting office: Ibc Acq Svcs Directorate (00004) (140D04)
Obligated to date: $153.74M
Potential value: $356.18M
Ends: 2027-05-14

Source: USAspending.gov prime award records (obligations: money committed, not outlays), data as of Oct 22, 2026.

Cite this page: SpendQuery, Award 140D0423F0623, data as of Oct 22, 2026, https://spendquery.com/award?id=CONT_AWD_140D0423F0623_1406_GS02F013BA_4732

Magellan Federal, Inc.: all federal awards · Department of the Interior: spending · Ibc Acq Svcs Directorate (00004): what it buys · The follow-on: recompete brief

PERSONAL FINANCIAL COUNSELORS

Delivery Order · Departmental Offices · to Magellan Federal, Inc. (UEI MFYCXCNW4WL5) · data as of 2026-10-22

Obligated to date$153.74M21 actions

Current value$281.91Mwith options exercised

Potential value$356.18Mif every option is used

Period2023-05-16 → 2027-05-14up to 2028-05-14 with options

Passed on$48.17Mto 6 subcontractors

Up for re-bid: ends 2027-05-14. Recompete brief → · R--The Executive Office of the President, U.S Trade Representative, data and econo ↗

What it is

Product or service: Support- Professional: Other (PSC R499)
Industry: Administrative Management and General Management Consulting Services (NAICS 541611)
Funded by: Department of Defense
Contracting office: Ibc Acq Svcs Directorate (00004) (140D04)
Competition: Full and open competition · 1 offer received
Pricing: Time and materials
How it was bought: GSA Schedule · under GS02F013BA
Solicitation: 140D0423Q0031
Where the work is: Alexandria City, VA · district VA-08

Obligations by fiscal year

FY2023$32.50M

FY2024$33.00M

FY2025$41.24M

FY2026$47.00M

SpendQuery holds FY2023 on; earlier years are on USAspending.gov.

Subcontractors: where the money went next

24 subawards totaling $48.17M (31.3% of what was obligated), as Magellan Federal, Inc. reported them. Primes report subawards of $30,000 or more; smaller ones and unreported ones aren't here.

Subcontractor	Amount	Subawards	Where	First	Last
My Secure Advantage, Inc.	$28.09M	13	CA	2023-07-20	2025-05-08
Bowen Consulting Group, Inc., the	$7.99M	7	VA	2024-01-22	2025-08-26
Oasis Corporate Housing Inc	$6.21M	1	FL	2023-08-23	2023-08-23
Federal Guardian LLC	$3.57M	1	VA	2023-07-07	2023-07-07
Jlan Solutions LLC	$2.21M	1	DC	2023-07-07	2023-07-07
Ipak Inc	$99.3K	1	NJ	2025-07-08	2025-07-08

The largest single subawards

Date	To	Amount	For
2023-08-23	Oasis Corporate Housing Inc	$6.21M	CORPORATE HOUSING FOR OCONUS AND CONUS PERSONAL
2023-07-07	Federal Guardian LLC	$3.57M	PERSONAL FINANCIAL COUNSELORS
2025-05-08	My Secure Advantage, Inc.	$3.35M	PERSONAL FINANCIAL COUNSELORS
2025-02-04	My Secure Advantage, Inc.	$3.23M	PERSONAL FINANCIAL COUNSELORS
2025-01-28	My Secure Advantage, Inc.

Every action

21 actions since 2023-05-16. Each is a modification or amendment with the money it added or took back.

Date	Modification	Kind	Amount	What the agency wrote
2026-09-24	P00020	Supplemental agreement (work within scope)	$2.00M	PERSONAL FINANCIAL COUNSELORS. INCREMENTALLY FUND OPTION PERIOD 3 AND UPDATE DFARS CLAUSE 252.232-7007.
2026-06-23	P00019	Administrative change	$0	PERSONAL FINANCIAL COUNSELORS
2026-05-18	P00018	Supplemental agreement (work within scope)	$0	PERSONAL FINANCIAL COUNSELORS
2026-05-04	P00017	Supplemental agreement (work within scope)	$40.00M	PERSONAL FINANCIAL COUNSELORS
2025-12-19	P00016	Supplemental agreement (work within scope)	$5.00M	PERSONAL FINANCIAL COUNSELORS
2025-09-24	P00015	Supplemental agreement (work within scope)	-$375.9K	PERSONAL FINANCIAL COUNSELORS
2025-08-18	P00014	Supplemental agreement (work within scope)	$12.00M	PERSONAL FINANCIAL COUNSELORS
2025-07-09	P00013	Supplemental agreement (work within scope)	-$404.6K	PERSONAL FINANCIAL COUNSELORS
2025-05-08	P00012	Supplemental agreement (work within scope)	$25.00M	PERSONAL FINANCIAL COUNSELORS MOD 12: EXERCISE OP2 & INCREMENTALLY FUND
2025-04-24	P00011	Supplemental agreement (work within scope)	$0	PERSONAL FINANCIAL COUNSELORS MOD 11: UPDATED PWS AND DD254
2025-02-24	P00010	Administrative change	$0	PERSONAL FINANCIAL COUNSELORS
2025-02-13

Source: USAspending.gov prime award transactions and FSRS subaward reports, as loaded by SpendQuery (data as of 2026-10-22). Amounts are obligations (money committed), not outlays. The official record on USAspending.gov ↗

Putting the award page together from the records…