PBGC awards $3M contract for HR support to Cameo Consulting Group LLC

Contract Overview

Contract Amount: $3,003,691 ($3.0M)

Contractor: Cameo Consulting Group LLC

Awarding Agency: Pension Benefit Guaranty Corporation

Start Date: 2021-09-30

End Date: 2026-09-29

Contract Duration: 1,825 days

Daily Burn Rate: $1.6K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 8

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: PROVIDE HUMAN RESOURCE SUPPORT

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20024

State: District of Columbia Government Spending

Plain-Language Summary

Pension Benefit Guaranty Corporation obligated $3.0 million to CAMEO CONSULTING GROUP LLC for work described as: PROVIDE HUMAN RESOURCE SUPPORT Key points: 1. The contract is for administrative management and general management consulting services. 2. Cameo Consulting Group LLC is the sole awardee. 3. The contract has a duration of 5 years. 4. The contract type is Firm Fixed Price. 5. The award was made under full and open competition.

Value Assessment

Rating: fair

The contract value of $3,003,691 over five years suggests a moderate annual spend. Without specific deliverables or performance metrics, it's difficult to assess value definitively. Benchmarking against similar HR support contracts would be necessary for a more precise pricing assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and ensures the government receives the best value.

Taxpayer Impact: The competitive nature of the award suggests that taxpayer funds are being used efficiently, as the selection process aimed to identify the most advantageous offer.

Public Impact

Ensures continuity of essential human resource functions for the Pension Benefit Guaranty Corporation. Supports the agency's mission by providing expert HR guidance and administrative services. The five-year duration provides stability for HR operations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of specific performance metrics makes value assessment difficult.
No indication of small business participation.

Positive Signals

Awarded under full and open competition.
Firm Fixed Price contract type provides cost certainty.

Sector Analysis

This contract falls under professional services, specifically administrative management and general management consulting. The annual value is modest for a five-year HR support contract, suggesting a focused scope of services rather than comprehensive outsourcing.

Small Business Impact

The data indicates that this 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 award was made under full and open competition, which implies a structured procurement process. However, specific oversight mechanisms for performance and cost management are not detailed in the provided data.

Related Government Programs

Administrative Management and General Management Consulting Services
Pension Benefit Guaranty Corporation Contracting
Pension Benefit Guaranty Corporation Programs

Risk Flags

Lack of detailed performance metrics.
No small business participation indicated.
Limited insight into specific HR services provided.
Potential for cost overruns if scope is not tightly managed.

Frequently Asked Questions

What is this federal contract paying for?

Pension Benefit Guaranty Corporation awarded $3.0 million to CAMEO CONSULTING GROUP LLC. PROVIDE HUMAN RESOURCE SUPPORT

Who is the contractor on this award?

The obligated recipient is CAMEO CONSULTING GROUP LLC.

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 $3.0 million.

What is the period of performance?

Start: 2021-09-30. End: 2026-09-29.

What specific HR services are included in this contract, and how do they align with PBGC's strategic HR needs?

The provided data categorizes the service as 'Administrative Management and General Management Consulting Services' (NAICS 541611). To understand the alignment, a detailed review of the Statement of Work (SOW) is required. This would outline specific tasks such as personnel management, policy development, recruitment support, and HR system administration, and how these directly support PBGC's operational and strategic objectives.

What is the benchmark cost for similar HR support contracts of this duration and scope within the federal government?

Benchmarking requires comparing this contract's total value ($3,003,691 over 5 years, approximately $600k annually) against similar HR support contracts awarded by agencies of comparable size and complexity. Factors like the specific services rendered, geographic location, and vendor experience influence pricing. Without access to a broader dataset of comparable contracts, a precise benchmark is difficult to establish, but this annual figure appears moderate for comprehensive HR support.

How will the effectiveness of Cameo Consulting Group LLC's HR support be measured and ensured throughout the contract period?

Contract effectiveness is typically measured through performance metrics outlined in the SOW and evaluated via Contractor Performance Assessment Reporting System (CPARS). While the contract is Firm Fixed Price, ensuring effectiveness relies on clear deliverables, key performance indicators (KPIs), and regular performance reviews. The absence of explicit performance details in this summary necessitates a review of the full contract documentation to ascertain the oversight mechanisms.

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

Solicitation ID: 16PBGC21Q0070

Offers Received: 8

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 401 N WASHINGTON ST STE 600, ROCKVILLE, MD, 20850

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Service Disabled Veteran Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $11,997,805

Exercised Options: $3,003,691

Current Obligation: $3,003,691

Actual Outlays: $2,659,226

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: GS00F280DA

IDV Type: FSS

Timeline