Deloitte awarded $1.59M contract by PBGC for professional services, ending Sept 2026
Contract Overview
Contract Amount: $1,593,540 ($1.6M)
Contractor: Deloitte & Touche LLP
Awarding Agency: Pension Benefit Guaranty Corporation
Start Date: 2021-09-30
End Date: 2026-09-14
Contract Duration: 1,810 days
Daily Burn Rate: $880/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: PROFESSIONAL SERVICES
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20024
Plain-Language Summary
Pension Benefit Guaranty Corporation obligated $1.6 million to DELOITTE & TOUCHE LLP for work described as: PROFESSIONAL SERVICES Key points: 1. Contract value is $1.59 million over its duration. 2. Deloitte & Touche LLP is the sole awardee. 3. The contract is for professional services, specifically 'Other Computer Related Services'. 4. The contract duration is 1810 days.
Value Assessment
Rating: fair
The contract value of $1.59 million for professional services over nearly five years appears reasonable, but without specific deliverables or benchmarks for 'Other Computer Related Services', a precise pricing assessment is difficult. It's not exceptionally high or low at first glance.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, suggesting a competitive bidding process. This method generally leads to better price discovery and value for the government.
Taxpayer Impact: The competitive award process aims to ensure taxpayer funds are used efficiently for necessary professional services.
Public Impact
Pension Benefit Guaranty Corporation (PBGC) receives essential professional services. The contract supports the agency's operational needs. Taxpayers benefit from a competitive procurement process for these services.
Waste & Efficiency Indicators
Waste Risk Score: 88 / 10
Positive Signals
- Full and open competition utilized.
- Firm fixed price contract type.
- Contract awarded to a well-known firm.
Sector Analysis
This contract falls under professional services, specifically 'Other Computer Related Services'. Benchmarking for this broad category is challenging without more detail on the specific services rendered. However, the value is moderate for a federal contract of this duration.
Small Business Impact
The data indicates this contract was not awarded to a small business. Further analysis would be needed to determine if small business set-asides were considered or if opportunities were missed.
Oversight & Accountability
The contract is subject to standard federal procurement oversight. The Pension Benefit Guaranty Corporation is responsible for ensuring performance and value for money.
Related Government Programs
- Other Computer Related Services
- Pension Benefit Guaranty Corporation Contracting
- Pension Benefit Guaranty Corporation Programs
Risk Flags
- Lack of specific service details hinders value assessment.
- No information on the number of bids received.
- Small business participation not indicated.
Tags
other-computer-related-services, pension-benefit-guaranty-corporation, dc, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Pension Benefit Guaranty Corporation awarded $1.6 million to DELOITTE & TOUCHE LLP. PROFESSIONAL SERVICES
Who is the contractor on this award?
The obligated recipient is DELOITTE & TOUCHE LLP.
Which agency awarded this contract?
Awarding agency: Pension Benefit Guaranty Corporation (Pension Benefit Guaranty Corporation).
What is the total obligated amount?
The obligated amount is $1.6 million.
What is the period of performance?
Start: 2021-09-30. End: 2026-09-14.
What specific 'Other Computer Related Services' are being procured, and how do they align with PBGC's mission?
The specific 'Other Computer Related Services' are not detailed in the provided data. To assess value, understanding the scope of work is crucial. These services could range from IT consulting and system integration to data analysis and cybersecurity support, all of which are vital for an agency like PBGC managing complex pension data and financial operations.
What was the competitive landscape like for this 'Other Computer Related Services' contract?
While the contract was awarded under 'full and open competition,' the specific number of bids received and the range of proposed prices are not provided. A robust competitive landscape typically involves multiple qualified bidders submitting proposals, allowing the agency to select the best value. Without this detail, it's hard to definitively gauge the effectiveness of the price discovery.
How does the $1.59 million contract value compare to similar PBGC professional services contracts?
Benchmarking this $1.59 million contract against similar PBGC professional services contracts requires access to historical procurement data for the agency. Factors like contract duration (1810 days), specific service categories, and the economic climate at the time of award are important. A preliminary assessment suggests a moderate value, but a direct comparison is needed for a definitive conclusion on cost-effectiveness.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Other 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
Solicitation ID: 16PBGC21Q0060
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: Deloitte Consulting LLP
Address: 1919 N LYNN ST, ARLINGTON, VA, 22209
Business Categories: Category Business, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $1,910,631
Exercised Options: $1,593,540
Current Obligation: $1,593,540
Actual Outlays: $1,276,449
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: GS00F029DA
IDV Type: FSS
Timeline
Start Date: 2021-09-30
Current End Date: 2026-09-14
Potential End Date: 2026-09-14 00:00:00
Last Modified: 2026-04-13
More Contracts from Deloitte & Touche LLP
- Task 3: Corrective Actions — $162.0M (Department of Defense)
- Pks-Hight-Carmona Paredes-Fiar to 36 A4 Support — $157.3M (Department of Defense)
- NEW Contract for MBS Administration — $136.0M (Department of Housing and Urban Development)
- Fleet-Resfor ERP Migration Svcs — $128.5M (Department of Defense)
- PKS - Ross - Carmona Paredes - Fiar to 0060 — $102.4M (Department of Defense)
Other Pension Benefit Guaranty Corporation Contracts
- Field Office Support Services — $141.0M (Serco Inc)
- O&M and DM&E Work — $130.5M (Science Applications International Corporation)
- Portfolio Management Services — $117.6M (Pgim, Inc.)
- Portfolio Management Services — $112.4M (Pacific Investment Management Company LLC)
- This to IS to Improve Customer Service Scores Reported by a 3rd-Party Vendor WHO Completes a Quarterly Participant Caller Survey. PSD Seeks to Improve CX by Reducing the Number of Contacts & Paper Forms Customers Complete to Fulfill Requests — $95.8M (Serco Inc)