Treasury's OCC Awards $25.2M for ESSM2 Support Services to Highpoint Digital, Inc

Contract Overview

Contract Amount: $25,227,164 ($25.2M)

Contractor: Highpoint Digital, Inc.

Awarding Agency: Department of the Treasury

Start Date: 2011-10-01

End Date: 2014-12-30

Contract Duration: 1,186 days

Daily Burn Rate: $21.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 8

Pricing Type: LABOR HOURS

Sector: IT

Official Description: ESSS OPERATIONS AND MAINTENANCE (ESOM2) SUPPORT SERVICES. FUNDED UNDER REQUISITION 123045.

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20219, UNITED STATES OF AMERICA

State: District of Columbia Government Spending

Plain-Language Summary

Department of the Treasury obligated $25.2 million to HIGHPOINT DIGITAL, INC. for work described as: ESSS OPERATIONS AND MAINTENANCE (ESOM2) SUPPORT SERVICES. FUNDED UNDER REQUISITION 123045. Key points: 1. The contract for ESSM2 support services was awarded to Highpoint Digital, Inc. for $25.2 million. 2. This contract falls under the Computer Facilities Management Services NAICS code (541513). 3. The award was made under full and open competition, suggesting a competitive bidding process. 4. The contract duration was 1186 days, indicating a significant period of service provision.

Value Assessment

Rating: fair

The contract value of $25.2 million for 1186 days suggests a daily rate of approximately $21,271. This rate needs to be benchmarked against similar IT support services contracts to determine its competitiveness.

Cost Per Unit: $21,271 per day

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, which typically allows for the widest range of potential bidders and can lead to better price discovery and value for the government.

Taxpayer Impact: The competitive nature of the award suggests that taxpayers likely received a fair price for the services rendered, though a detailed cost analysis would confirm this.

Public Impact

Ensures continued operation and maintenance of critical ESSM2 systems. Supports the Office of the Comptroller of the Currency's IT infrastructure. Highpoint Digital, Inc. is responsible for delivering these essential services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of specific performance metrics in provided data.
Potential for cost overruns if not closely managed.
Dependence on a single contractor for critical services.

Positive Signals

Awarded through full and open competition.
Supports a key government agency (OCC).
Clear contract duration and funding source.

Sector Analysis

The IT services sector, particularly computer facilities management, is a significant area of government spending. Benchmarks for similar contracts would reveal if the $25.2 million award is within the expected range for the services provided over the contract's duration.

Small Business Impact

The data indicates that this contract was not awarded to a small business, as 'sb' is false. Further analysis would be needed to determine if small business participation was sought or achieved through subcontracting.

Oversight & Accountability

Oversight would typically involve regular performance reviews, audits, and contract management by the Department of the Treasury's Office of the Comptroller of the Currency to ensure service delivery and cost control.

Related Government Programs

Computer Facilities Management Services
Department of the Treasury Contracting
Office of the Comptroller of the Currency Programs

Risk Flags

Contract duration is substantial (1186 days).
Awarded under full and open competition.
Specific services and performance metrics not detailed.
No small business award indicated.

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $25.2 million to HIGHPOINT DIGITAL, INC.. ESSS OPERATIONS AND MAINTENANCE (ESOM2) SUPPORT SERVICES. FUNDED UNDER REQUISITION 123045.

Who is the contractor on this award?

The obligated recipient is HIGHPOINT DIGITAL, INC..

Which agency awarded this contract?

Awarding agency: Department of the Treasury (Office of the Comptroller of the Currency).

What is the total obligated amount?

The obligated amount is $25.2 million.

What is the period of performance?

Start: 2011-10-01. End: 2014-12-30.

What specific IT services are included under ESSM2 support, and how do they align with the OCC's mission objectives?

The provided data categorizes the contract under 'Computer Facilities Management Services' (NAICS 541513). This typically encompasses a range of activities such as managing data centers, maintaining hardware and software infrastructure, ensuring network operations, and providing technical support for IT systems. These services are crucial for the OCC's ability to process financial data, conduct regulatory oversight, and maintain secure information systems necessary for its mission.

What are the key performance indicators (KPIs) for this contract, and how is Highpoint Digital, Inc. being evaluated?

The provided data does not specify the Key Performance Indicators (KPIs) or the evaluation methodology for Highpoint Digital, Inc.'s performance. Effective contract oversight requires clearly defined KPIs related to system uptime, response times, security compliance, and user satisfaction. Regular performance reviews against these metrics are essential to ensure the contractor is meeting its obligations and delivering value.

Are there any identified risks associated with Highpoint Digital, Inc.'s performance or the long-term viability of the ESSM2 system?

Without specific performance data or risk assessments, it's difficult to identify concrete risks. However, general risks in IT support contracts include potential service disruptions, cybersecurity vulnerabilities, vendor lock-in, and the possibility of cost overruns if scope creep occurs or if the contractor's efficiency declines. The long-term viability of the ESSM2 system itself would depend on ongoing technological relevance and the agency's strategic IT roadmap.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Computer Facilities Management Services

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS › ADP AND TELECOMMUNICATIONS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 8

Pricing Type: LABOR HOURS (Z)

Evaluated Preference: NONE

Contractor Details

Address: 1005 N GLEBE RD STE 160, ARLINGTON, VA, 22201

Business Categories: 8(a) Program Participant, Asian Pacific American Owned Business, Category Business, Minority Owned Business, Small Business, Small Disadvantaged Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $25,227,164

Exercised Options: $25,227,164

Current Obligation: $25,227,164

Subaward Activity

Number of Subawards: 258

Total Subaward Amount: $91,006,736

Contract Characteristics

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: TCC09HQD0014

IDV Type: IDC

Timeline