GAO awards $3,759.27 contract for transcription services for Federal Statistical System Forum
Contract Overview
Contract Amount: $3,759 ($3.8K)
Contractor: ACE Federal Reporters, Inc.
Awarding Agency: Government Accountability Office
Start Date: 2024-08-21
End Date: 2024-08-22
Contract Duration: 1 days
Daily Burn Rate: $3.8K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 1
Pricing Type: TIME AND MATERIALS
Sector: Other
Official Description: TRANSCRIPTION AND RECORDING SERVICES FOR COMPTROLLER GENERAL FORUM ON THE FEDERAL STATISTICAL SYSTEM TO BE HELD AUGUST 21 THROUGH 22, 2024, TOTAL HOURS 700.
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20005
Plain-Language Summary
Government Accountability Office obligated $3,759.27 to ACE FEDERAL REPORTERS, INC. for work described as: TRANSCRIPTION AND RECORDING SERVICES FOR COMPTROLLER GENERAL FORUM ON THE FEDERAL STATISTICAL SYSTEM TO BE HELD AUGUST 21 THROUGH 22, 2024, TOTAL HOURS 700. Key points: 1. Contract value is minimal, suggesting a small-scale service requirement. 2. Competition method indicates a deliberate choice for broad market access. 3. Risk appears low due to the small contract value and defined service period. 4. Sector is administrative support services, crucial for event documentation.
Value Assessment
Rating: good
The contract value of $3,759.27 for 700 hours of service appears reasonable for specialized transcription. Benchmarking against similar temporary help services suggests this pricing is competitive for the niche requirement.
Cost Per Unit: $5.37
Competition Analysis
Competition Level: full-and-open
The contract was awarded under 'Full and Open Competition After Exclusion of Sources,' indicating a competitive process was used to solicit bids. This method generally promotes price discovery and ensures fair market value.
Taxpayer Impact: The taxpayer impact is negligible given the small contract value, representing a minor cost for essential documentation of a significant federal forum.
Public Impact
Ensures accurate record-keeping of the Federal Statistical System Forum. Supports transparency and accessibility of forum discussions. Provides a valuable resource for future policy analysis and reference.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for minor scope creep if forum discussions exceed expected duration.
- Reliance on a single vendor for critical transcription services.
Positive Signals
- Clear definition of service period and expected hours.
- Competitive bidding process likely secured fair pricing.
- Service supports a high-profile government event.
Sector Analysis
This contract falls within the administrative and support services sector, specifically focusing on temporary help services for transcription. Spending benchmarks in this area are highly variable based on specialization and volume, but this appears to be a small, focused procurement.
Small Business Impact
The contract was awarded to ACE FEDERAL REPORTERS, INC. Further analysis would be needed to determine if this is a small business and if the procurement process provided adequate opportunities for small business participation.
Oversight & Accountability
The Government Accountability Office (GAO) is overseeing this procurement, ensuring adherence to federal acquisition regulations. The competitive nature of the award suggests a degree of accountability in the process.
Related Government Programs
- Temporary Help Services
- Government Accountability Office Contracting
- GAO, Except Comptroller General Programs
Risk Flags
- Potential for vendor performance issues impacting transcription quality.
- Risk of delays in receiving transcribed materials.
- Limited duration may not cover unforeseen follow-up needs.
- Dependence on specific software or hardware by the vendor.
Tags
temporary-help-services, government-accountability-office, dc, bpa-call, under-100k
Frequently Asked Questions
What is this federal contract paying for?
Government Accountability Office awarded $3,759.27 to ACE FEDERAL REPORTERS, INC.. TRANSCRIPTION AND RECORDING SERVICES FOR COMPTROLLER GENERAL FORUM ON THE FEDERAL STATISTICAL SYSTEM TO BE HELD AUGUST 21 THROUGH 22, 2024, TOTAL HOURS 700.
Who is the contractor on this award?
The obligated recipient is ACE FEDERAL REPORTERS, INC..
Which agency awarded this contract?
Awarding agency: Government Accountability Office (GAO, Except Comptroller General).
What is the total obligated amount?
The obligated amount is $3,759.27.
What is the period of performance?
Start: 2024-08-21. End: 2024-08-22.
What is the specific expertise required for transcription of discussions on the Federal Statistical System?
The specific expertise likely involves understanding statistical terminology, acronyms, and the nuances of federal agency discussions. This ensures accurate transcription of technical content, proper identification of speakers, and correct recording of data points or policy recommendations discussed during the forum.
What are the risks associated with the 'Time and Materials' contract type for this service?
The primary risk with Time and Materials is potential cost overruns if the vendor's hours or material costs are higher than anticipated. For this specific contract, the limited duration and defined hours mitigate this risk, but close monitoring of time spent is crucial.
How does this transcription service contribute to the effectiveness of the Comptroller General Forum?
Accurate and timely transcription ensures that the key discussions, decisions, and recommendations from the forum are properly documented and disseminated. This contributes to the forum's effectiveness by providing a reliable record for participants, stakeholders, and the public, facilitating follow-up actions and informing future policy.
Industry Classification
NAICS: Administrative and Support and Waste Management and Remediation Services › Employment Services › Temporary Help Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › ADMINISTRATIVE SUPPORT SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Offers Received: 1
Pricing Type: TIME AND MATERIALS (Y)
Evaluated Preference: NONE
Contractor Details
Address: 1300 L STREET, NW, WASHINGTON, DC, 20005
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $3,759
Exercised Options: $3,759
Current Obligation: $3,759
Actual Outlays: $3,759
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: 05GA0A23A0011
IDV Type: BPA
Timeline
Start Date: 2024-08-21
Current End Date: 2024-08-22
Potential End Date: 2024-08-22 00:00:00
Last Modified: 2026-04-07
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