Commerce Dept Awards $465K Admin Consulting Contract to Thomas & Reed LLC

Contract Overview

Contract Amount: $465,450 ($465.5K)

Contractor: Thomas & Reed LLC

Awarding Agency: Department of Commerce

Start Date: 2022-07-06

End Date: 2025-07-10

Contract Duration: 1,100 days

Daily Burn Rate: $423/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: SUPPORT SERVICES

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20230

State: District of Columbia Government Spending

Plain-Language Summary

Department of Commerce obligated $465,450.33 to THOMAS & REED LLC for work described as: SUPPORT SERVICES Key points: 1. Contract value of $465,450.33 for administrative management consulting. 2. Awarded to Thomas & Reed LLC, a single vendor. 3. Competition method was 'Competed Under SAP', indicating potential limitations. 4. The sector is professional services, specifically administrative management consulting.

Value Assessment

Rating: fair

The contract is firm-fixed-price, which helps control costs. However, without a clear benchmark or comparison to similar contracts, assessing the pricing's excellence is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was competed under SAP (Simplified Acquisition Procedures), which typically involves fewer vendors and potentially less aggressive price competition than full and open competition.

Taxpayer Impact: Taxpayer funds are being used for administrative consulting services. The impact is moderate given the contract value, but the limited competition raises questions about optimal value.

Public Impact

Citizens receive support services through administrative management consulting. The Department of Commerce utilizes external expertise for operational efficiency. Transparency in contracting is maintained through public award data.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Limited competition due to SAP.
  • Lack of clear pricing benchmark.
  • Potential for higher costs due to limited competition.

Positive Signals

  • Firm-fixed-price contract type.
  • Contract awarded to a specific firm for defined services.

Sector Analysis

This contract falls within the professional services sector, specifically administrative and management consulting. Benchmarks for this sector vary widely based on scope and duration, but $465K for a ~3-year contract is within a common range for specialized support.

Small Business Impact

The data indicates this contract was not awarded to a small business (ss: false, sb: false). Further analysis would be needed to determine if small businesses had an opportunity to compete or if this was intentionally excluded.

Oversight & Accountability

The award was made under a BPA Call, suggesting it might be part of a larger framework agreement. Oversight would involve monitoring performance against the contract terms and ensuring adherence to procurement regulations.

Related Government Programs

  • Administrative Management and General Management Consulting Services
  • Department of Commerce Contracting
  • Office of the Secretary Programs

Risk Flags

  • Limited competition
  • Lack of pricing benchmark
  • No small business award
  • Unclear value proposition

Tags

administrative-management-and-general-ma, department-of-commerce, dc, bpa-call, 100k-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Commerce awarded $465,450.33 to THOMAS & REED LLC. SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is THOMAS & REED LLC.

Which agency awarded this contract?

Awarding agency: Department of Commerce (Office of the Secretary).

What is the total obligated amount?

The obligated amount is $465,450.33.

What is the period of performance?

Start: 2022-07-06. End: 2025-07-10.

What is the specific value proposition of Thomas & Reed LLC's services compared to potential alternatives?

The provided data does not detail the specific value proposition or unique capabilities of Thomas & Reed LLC. Assessing this would require reviewing the proposal, statement of work, and performance metrics. Without this, it's difficult to ascertain if the chosen vendor offers superior value or if alternative solutions might have provided comparable or better outcomes at a different price point.

What are the risks associated with limited competition under SAP for this type of service?

Limited competition under SAP can increase the risk of paying a higher price than necessary, as there are fewer bidders to drive down costs. It also carries a risk of selecting a vendor whose capabilities may not be the absolute best available, as the pool of competitors is restricted. This can potentially lead to suboptimal service delivery or missed opportunities for innovation.

How effectively will these administrative consulting services contribute to the Department of Commerce's mission objectives?

The effectiveness of these services hinges on the clarity of the statement of work and the vendor's ability to deliver on defined objectives. Without specific performance metrics or details on the consulting tasks, it's impossible to gauge their contribution. Successful outcomes would likely involve improved efficiency, better management practices, or strategic guidance aligned with the department's goals.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesManagement, Scientific, and Technical Consulting ServicesAdministrative Management and General Management Consulting Services

Product/Service Code: RESEARCH AND DEVELOPMENTEducation, Training, Employment, and Social Services R&D Services

Competition & Pricing

Extent Competed: COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 148 E MARKET ST, INDIANAPOLIS, IN, 46204

Business Categories: 8(a) Program Participant, Black American Owned Business, Category Business, DoT Certified Disadvantaged Business Enterprise, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $687,397

Exercised Options: $465,450

Current Obligation: $465,450

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 1331L520A13500013

IDV Type: BPA

Timeline

Start Date: 2022-07-06

Current End Date: 2025-07-10

Potential End Date: 2025-07-10 00:00:00

Last Modified: 2026-04-07

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