Commerce Department awards $5.5M contract for engineering support to Freedom Technologies, Inc

Contract Overview

Contract Amount: $5,551,993 ($5.6M)

Contractor: Freedom Technologies, Incorporated

Awarding Agency: Department of Commerce

Start Date: 2023-07-17

End Date: 2026-07-16

Contract Duration: 1,095 days

Daily Burn Rate: $5.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: SPECTRUM ENGINEERING 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 $5.6 million to FREEDOM TECHNOLOGIES, INCORPORATED for work described as: SPECTRUM ENGINEERING SUPPORT SERVICES Key points: 1. Contract awarded through full and open competition, suggesting a competitive bidding process. 2. Focus on administrative management and general management consulting services indicates a need for specialized expertise. 3. The contract duration of 1095 days (3 years) suggests a long-term need for these services. 4. The fixed-price contract type aims to control costs and provide budget certainty. 5. The award to a single vendor, Freedom Technologies, Inc., warrants a review of performance and value. 6. The contract's value is moderate within the context of federal consulting services.

Value Assessment

Rating: good

The contract value of approximately $5.5 million over three years for administrative management and general management consulting services appears reasonable. Benchmarking against similar contracts for management consulting services within the federal government, this award falls within a typical range for specialized support. The firm fixed-price structure helps mitigate cost overruns, providing a degree of value assurance for the government. Further analysis would require comparing the specific deliverables and scope of work against industry standards and other awarded contracts.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This contract was awarded under full and open competition, indicating that all responsible sources were permitted to submit a bid. The fact that it was competed suggests that the agency sought the best value through a competitive process. The number of bidders is not specified in the provided data, but the open competition generally promotes price discovery and encourages contractors to offer competitive pricing to win the award.

Taxpayer Impact: Full and open competition is generally favorable for taxpayers as it is expected to drive down prices through market forces and ensure the government receives competitive offers.

Public Impact

The Department of Commerce benefits from specialized administrative and management consulting expertise. Services delivered are expected to enhance the efficiency and effectiveness of departmental operations. The geographic impact is primarily within the District of Columbia, where the agency is located. The contract supports the workforce by engaging a private sector firm for specialized functions.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for vendor lock-in if performance is consistently good and renewals are likely.
Reliance on external expertise may indicate internal capacity gaps within the agency.

Positive Signals

Awarded through full and open competition, suggesting a fair and competitive process.
Firm fixed-price contract type provides cost certainty and budget control.
The contract duration implies a stable, ongoing need that the vendor is expected to meet.

Sector Analysis

The administrative management and general management consulting services sector is a significant part of the federal contracting landscape, supporting various government functions. This contract, valued at approximately $5.5 million over three years, fits within the broader market for professional services. Comparable spending benchmarks for similar consulting engagements within federal agencies often range from hundreds of thousands to millions of dollars, depending on the scope and duration. This contract appears to be a standard award for specialized management support.

Small Business Impact

The provided data indicates that this contract was not set aside for small businesses (ss: false, sb: false). Therefore, there are no direct subcontracting implications or specific impacts on the small business ecosystem stemming from a small business set-aside. The award went to Freedom Technologies, Inc., and further investigation would be needed to determine if they have a small business subcontracting plan in place.

Oversight & Accountability

Oversight for this contract would typically be managed by the contracting officer and the program office within the Department of Commerce. Accountability measures are inherent in the firm fixed-price contract type, which obligates the contractor to deliver specified services within the agreed-upon price. Transparency is generally facilitated through contract databases like FPDS, where award details are publicly available. Inspector General jurisdiction would apply if any fraud, waste, or abuse were suspected.

Related Government Programs

Management and Financial Consulting, Acquisition and Commercialization Services
Professional, Scientific, and Technical Services
Administrative Support Services

Risk Flags

Potential for performance issues if contractor lacks deep understanding of agency needs.
Risk of cost overruns if scope is not clearly defined and managed.
Dependency on contractor expertise could pose a challenge if the relationship is terminated.

Frequently Asked Questions

What is this federal contract paying for?

Department of Commerce awarded $5.6 million to FREEDOM TECHNOLOGIES, INCORPORATED. SPECTRUM ENGINEERING SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is FREEDOM TECHNOLOGIES, INCORPORATED.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $5.6 million.

What is the period of performance?

Start: 2023-07-17. End: 2026-07-16.

What is the track record of Freedom Technologies, Inc. with federal contracts, particularly in administrative management consulting?

A review of Freedom Technologies, Inc.'s federal contract history would be necessary to assess their track record. This would involve examining past performance evaluations, any contract disputes or terminations, and the types of services they have previously provided to government agencies. Specifically, looking at their experience with administrative management and general management consulting services would provide insight into their capabilities and reliability for this current award. A history of successful contract completions and positive past performance reviews would indicate a lower risk for this contract.

How does the awarded price compare to market rates for similar administrative management consulting services?

To benchmark the awarded price of approximately $5.5 million over three years, one would need to compare it against data from similar contracts awarded by the federal government or even private sector entities for comparable services. This involves analyzing the scope of work, the level of expertise required, and the duration of the contract. If Freedom Technologies, Inc. was selected through full and open competition, the pricing is likely competitive. However, a detailed analysis would require access to more granular data on the specific tasks and deliverables outlined in the contract statement of work.

What are the key performance indicators (KPIs) for this contract, and how will performance be measured?

The specific Key Performance Indicators (KPIs) and performance measurement methods for this contract are not detailed in the provided summary data. Typically, for administrative management and general management consulting services, KPIs might include metrics related to project completion timelines, quality of deliverables, adherence to budget (if applicable to specific project phases), client satisfaction, and the effectiveness of implemented recommendations. The contracting officer's representative (COR) would be responsible for monitoring performance against these KPIs and ensuring the contractor meets the contractual obligations.

What is the historical spending pattern for administrative management and general management consulting services within the Department of Commerce?

Analyzing historical spending patterns for administrative management and general management consulting services within the Department of Commerce would provide context for this $5.5 million award. This involves reviewing past contract awards in these categories over several fiscal years to identify trends in spending levels, types of services procured, and the contractors frequently engaged. Understanding this historical data can help determine if this award represents an increase, decrease, or stable level of investment in such services and whether the current award is consistent with past procurement strategies.

Are there any identified risks associated with Freedom Technologies, Inc. as a contractor for this type of service?

Without specific past performance data or known issues, it is difficult to identify risks associated with Freedom Technologies, Inc. for this contract. However, general risks for any consulting contract include potential scope creep, challenges in measuring the impact of consulting services, and the possibility of the contractor not fully understanding the agency's unique operational environment. Given the award was through full and open competition, it suggests that the agency evaluated multiple proposals and selected a contractor deemed capable. A thorough review of their past performance and financial stability would be part of the agency's due diligence.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Management, Scientific, and Technical Consulting Services › Administrative Management and General Management Consulting 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: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1101 WILSON BLVD STE 1700, ARLINGTON, VA, 22209

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Financial Breakdown

Contract Ceiling: $7,675,225

Exercised Options: $5,551,993

Current Obligation: $5,551,993

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: GS00F013CA

IDV Type: FSS

Timeline