Commerce Awards $4.97M for Technology Business Management Support to ADG-REI

Contract Overview

Contract Amount: $4,965,958 ($5.0M)

Contractor: Adg-Rei Technology Ventures, LLC

Awarding Agency: Department of Commerce

Start Date: 2022-03-28

End Date: 2026-06-17

Contract Duration: 1,542 days

Daily Burn Rate: $3.2K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 2

Pricing Type: LABOR HOURS

Sector: IT

Official Description: TECHNOLOGY BUSINESS MANAGEMENT SUPPORT, PHASE 2

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 $5.0 million to ADG-REI TECHNOLOGY VENTURES, LLC for work described as: TECHNOLOGY BUSINESS MANAGEMENT SUPPORT, PHASE 2 Key points: 1. Contract value of $4.97M for Phase 2 of TBM support. 2. ADG-REI TECHNOLOGY VENTURES, LLC is the awardee. 3. Competition method was 'Full and Open Competition After Exclusion of Sources'. 4. Service category is Computer Systems Design Services (NAICS 541512).

Value Assessment

Rating: fair

The contract is for labor hours, making direct per-unit cost comparison difficult. The total award value of $4.97M over approximately 5 years suggests a moderate annual spend for specialized IT support services.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The competition was 'Full and Open Competition After Exclusion of Sources', indicating a potentially limited initial pool of bidders. This method might impact price discovery compared to a truly open competition.

Taxpayer Impact: Taxpayer funds are being used for specialized IT management support services, aiming to improve technology business management within the Department of Commerce.

Public Impact

Ensures continued support for technology business management within the Department of Commerce. Supports the operational efficiency and strategic planning of IT resources. The contract duration extends to mid-2026, indicating a long-term need for these services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Limited competition method could lead to suboptimal pricing.
  • Labor hour contracts can be susceptible to scope creep and cost overruns.

Positive Signals

  • Addresses a specific need for technology business management expertise.
  • Awarded to a single entity, potentially streamlining project execution.

Sector Analysis

This contract falls under IT services, specifically computer systems design. The value is moderate for a multi-year government IT support contract, with benchmarks varying widely based on service scope and agency.

Small Business Impact

The contract was not awarded to a small business. Further analysis would be needed to determine if small business participation was sought or achieved through subcontracting.

Oversight & Accountability

The contract is a delivery order under a larger contract vehicle. Oversight would involve monitoring performance, adherence to labor hour tracking, and ensuring the services meet the defined objectives for technology business management.

Related Government Programs

  • Computer Systems Design Services
  • Department of Commerce Contracting
  • Office of the Secretary Programs

Risk Flags

  • Potential for limited competition impacting price.
  • Labor hour contract type risks cost overruns.
  • No small business awardee identified.
  • Reliance on a single vendor for critical TBM support.

Tags

computer-systems-design-services, department-of-commerce, dc, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Commerce awarded $5.0 million to ADG-REI TECHNOLOGY VENTURES, LLC. TECHNOLOGY BUSINESS MANAGEMENT SUPPORT, PHASE 2

Who is the contractor on this award?

The obligated recipient is ADG-REI TECHNOLOGY VENTURES, 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 $5.0 million.

What is the period of performance?

Start: 2022-03-28. End: 2026-06-17.

What specific technology business management functions are covered under this contract, and how do they align with the Department of Commerce's strategic goals?

This contract likely covers functions such as IT portfolio management, IT investment analysis, IT capital planning, and performance management. These are crucial for ensuring the Department's technology investments are aligned with its mission, achieve desired outcomes, and are managed efficiently. The specific alignment would be detailed in the Statement of Work (SOW).

What were the key factors leading to the 'Exclusion of Sources' in the competition, and what was the impact on the final price?

The exclusion of sources typically occurs when specific capabilities, past performance, or unique requirements necessitate limiting the bidder pool. This could be due to prior successful work, specialized knowledge, or specific security clearances. While intended to ensure the best fit, it can limit competitive pressure, potentially leading to a higher price than if a broader competition were held.

How will the effectiveness of ADG-REI's technology business management support be measured, and what are the key performance indicators (KPIs)?

Effectiveness will likely be measured through KPIs tied to improved IT investment decisions, better alignment of IT projects with agency goals, enhanced IT asset utilization, and potentially cost savings or efficiency gains in IT operations. Performance will be monitored through regular reporting, stakeholder feedback, and achievement of milestones outlined in the contract's SOW.

Industry Classification

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

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 2

Pricing Type: LABOR HOURS (Z)

Evaluated Preference: NONE

Contractor Details

Address: 6708 ROCKLEDGE PL, CENTREVILLE, VA, 20121

Business Categories: Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, Limited Liability Corporation, Minority Owned Business, Small Business, Special Designations, Indian (Subcontinent) American Owned Business, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $5,167,767

Exercised Options: $5,167,767

Current Obligation: $4,965,958

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Parent Contract

Parent Award PIID: 75N98120D00249

IDV Type: GWAC

Timeline

Start Date: 2022-03-28

Current End Date: 2026-06-17

Potential End Date: 2026-06-17 00:00:00

Last Modified: 2026-04-01

More Contracts from Adg-Rei Technology Ventures, LLC

View all Adg-Rei Technology Ventures, LLC federal contracts →

Other Department of Commerce Contracts

View all Department of Commerce contracts →

Explore Related Government Spending