Commerce Dept Awards $26.6M for Computer Services to Think Tank, Inc. with Full and Open Competition

Contract Overview

Contract Amount: $26,609,470 ($26.6M)

Contractor: Think Tank, Incorporated

Awarding Agency: Department of Commerce

Start Date: 2020-09-15

End Date: 2025-03-16

Contract Duration: 1,643 days

Daily Burn Rate: $16.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: CBS SUPPORT SERVICES

Place of Performance

Location: GERMANTOWN, MONTGOMERY County, MARYLAND, 20874

State: Maryland Government Spending

Plain-Language Summary

Department of Commerce obligated $26.6 million to THINK TANK, INCORPORATED for work described as: CBS SUPPORT SERVICES Key points: 1. Contract awarded for "Other Computer Related Services" (NAICS 541519). 2. Think Tank, Inc. secured the contract valued at $26.6 million. 3. The contract spans over five years, from September 2020 to March 2025. 4. Awarded under a full and open competition, suggesting a competitive bidding process. 5. The contract type is Firm Fixed Price, providing cost certainty.

Value Assessment

Rating: good

The contract value of $26.6 million over five years appears reasonable for IT support services. Benchmarking against similar contracts for "Other Computer Related Services" would provide a more precise assessment of value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and ensures the government receives the best value.

Taxpayer Impact: The competitive nature of the award suggests that taxpayer funds are being used efficiently, with pricing driven by market forces rather than limited options.

Public Impact

Ensures continued IT support for NOAA's critical operations. Supports a private sector company, contributing to the economy. Provides essential services for data collection and analysis by the Department of Commerce.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for cost overruns if scope creeps beyond "Other Computer Related Services".
  • Dependence on a single vendor for critical IT functions.
  • Risk of vendor performance issues impacting NOAA operations.

Positive Signals

  • Competitive award process likely secured favorable pricing.
  • Firm Fixed Price contract provides budget predictability.
  • Long-term contract allows for stable service delivery.

Sector Analysis

The IT services sector is highly competitive. Spending benchmarks for "Other Computer Related Services" (NAICS 541519) vary widely based on the specific nature of the services and contract duration. This $26.6M contract over five years falls within a moderate range for comprehensive IT support.

Small Business Impact

The data indicates this contract was awarded to a single entity, Think Tank, Inc. There is no explicit information provided regarding small business participation or subcontracting opportunities within this award.

Oversight & Accountability

The Department of Commerce, specifically NOAA, is responsible for overseeing this contract. Standard procurement regulations and contract management practices would apply to ensure performance and accountability.

Related Government Programs

  • Other Computer Related Services
  • Department of Commerce Contracting
  • National Oceanic and Atmospheric Administration Programs

Risk Flags

  • Potential for vendor lock-in due to long contract duration.
  • Scope definition for "Other Computer Related Services" could be broad.
  • Performance monitoring is crucial to ensure service quality.
  • Reliance on a single vendor for critical IT infrastructure.

Tags

other-computer-related-services, department-of-commerce, md, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Commerce awarded $26.6 million to THINK TANK, INCORPORATED. CBS SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is THINK TANK, INCORPORATED.

Which agency awarded this contract?

Awarding agency: Department of Commerce (National Oceanic and Atmospheric Administration).

What is the total obligated amount?

The obligated amount is $26.6 million.

What is the period of performance?

Start: 2020-09-15. End: 2025-03-16.

What specific "Other Computer Related Services" are included in this contract, and how do they align with NOAA's core mission requirements?

The contract details for "Other Computer Related Services" (NAICS 541519) are not fully specified in the provided data. However, these services typically encompass IT consulting, system integration, data processing, and IT support. For NOAA, these services likely support critical functions such as weather forecasting, climate monitoring, fisheries management, and oceanic research, ensuring the continuity and effectiveness of their scientific and operational endeavors.

What are the key performance indicators (KPIs) used to measure the success of Think Tank, Inc.'s service delivery under this contract?

Key performance indicators for IT support contracts typically include system uptime, response times for issue resolution, adherence to service level agreements (SLAs), and customer satisfaction ratings. While specific KPIs for this contract are not detailed, NOAA would likely monitor metrics related to the reliability and efficiency of the computer systems and services provided by Think Tank, Inc. to ensure operational continuity and mission support.

How does the firm-fixed-price structure of this contract mitigate risks associated with potential cost overruns for the government?

A firm-fixed-price (FFP) contract establishes a ceiling price that the contractor must not exceed, regardless of the actual costs incurred. This structure transfers most of the cost risk to the contractor, providing the government with budget certainty. For NOAA, the FFP nature of this $26.6 million contract means they are protected from unexpected increases in Think Tank, Inc.'s operating expenses, ensuring the total expenditure remains within the agreed-upon budget.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesComputer Systems Design and Related ServicesOther Computer Related Services

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 8403 COLESVILLE RD, SILVER SPRING, MD, 20910

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Economically Disadvantaged Women Owned Small Business, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, Indian (Subcontinent) American Owned Business, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Financial Breakdown

Contract Ceiling: $29,631,906

Exercised Options: $26,609,470

Current Obligation: $26,609,470

Actual Outlays: $8,715,450

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QTCA19D007M

IDV Type: FSS

Timeline

Start Date: 2020-09-15

Current End Date: 2025-03-16

Potential End Date: 2025-03-16 00:00:00

Last Modified: 2024-12-05

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