Commerce Department awards $4.9M contract for technology business management support

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

Sector: IT

Official Description: TECHNOLOGY BUSINESS MANAGEMENT SUPPORT, PHASE 2

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 aims to enhance technology business management capabilities. 2. ADG-REI TECHNOLOGY VENTURES, LLC secured the award. 3. Potential for improved IT service delivery and efficiency. 4. Focus on strategic technology planning and execution.

Value Assessment

Rating: good

The contract value of approximately $5 million over its period of performance is a moderate investment. It suggests a focused need for specialized support rather than a broad, enterprise-wide initiative.

Cost Per Unit: N/A

Competition Analysis

Competition Level: unknown

The award type is a delivery order, which typically falls under a larger indefinite-delivery/indefinite-quantity (IDIQ) contract. The specific procurement method for the parent contract is not detailed here.

Taxpayer Impact: Taxpayers benefit from improved efficiency and effectiveness in technology management within the Department of Commerce.

Public Impact

Improved IT services for Commerce Department employees and stakeholders. Potential for more streamlined technology adoption and management. Enhanced cybersecurity posture through better technology oversight.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Ensuring the contractor meets performance expectations throughout the contract.
Verifying that the technology solutions implemented are cost-effective.
Monitoring for scope creep and budget adherence.

Positive Signals

Focus on technology business management suggests a strategic approach.
The multi-year duration allows for sustained improvement.
Clear objectives for technology support are likely defined.

Sector Analysis

This contract falls within the IT services sector, specifically focusing on the management and strategic planning of technology resources within a federal agency.

Small Business Impact

The contract was not awarded to a small business, and there is no indication of a set-aside. This suggests the requirement may have been fulfilled through a larger, potentially unrestricted, contract vehicle.

Oversight & Accountability

Oversight will likely involve regular performance reviews by the Department of Commerce's Office of the Secretary to ensure deliverables are met and the contract remains within scope and budget.

Related Government Programs

Technology Business Management
IT Support Services
Program Management

Risk Flags

Lack of transparency on procurement method.
No small business participation noted.

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.

Analysis insight 1

The contract's success will hinge on the contractor's ability to align technology initiatives with the Department of Commerce's strategic goals.

Analysis insight 2

Key performance indicators will be crucial for measuring the effectiveness of the technology business management support provided.

Analysis insight 3

Understanding the specific challenges the Department faces in technology management will provide context for this award.