The Pension Benefit Guaranty Corporation awards $245,887.5 contract for media monitoring services to The Winvale Group, LLC

Contract Overview

Contract Amount: $245,888 ($245.9K)

Contractor: THE Winvale Group, LLC

Awarding Agency: Pension Benefit Guaranty Corporation

Start Date: 2024-09-16

End Date: 2026-09-15

Contract Duration: 729 days

Daily Burn Rate: $337/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: MEDIA MONITORING

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 $245,887.5 to THE WINVALE GROUP, LLC for work described as: MEDIA MONITORING Key points: 1. Value for money appears reasonable given the contract duration and scope. 2. The contract was awarded under full and open competition, suggesting a competitive pricing environment. 3. No immediate risk indicators are apparent from the contract details provided. 4. Performance context is tied to media monitoring, a critical function for public awareness and reputation management. 5. This contract fits within the broader administrative and operational support sector for federal agencies.

Value Assessment

Rating: good

The contract value of $245,887.5 over two years (729 days) suggests a daily rate of approximately $337. This rate appears competitive for specialized media monitoring services, especially when considering the potential breadth of coverage and analytical depth required. Benchmarking against similar contracts for comprehensive media intelligence and analysis would provide further validation, but initial assessment indicates a fair price for the services rendered.

Cost Per Unit: Approximately $337 per day

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, indicating that multiple vendors had the opportunity to bid. The presence of two bidders suggests a moderate level of competition for this specific requirement. While more bidders could potentially drive prices lower, full and open competition generally ensures that the government receives offers from a range of qualified sources, promoting price discovery and value.

Taxpayer Impact: Taxpayers benefit from the assurance that the selected vendor was chosen through a process designed to yield competitive pricing and quality services, rather than through a non-competitive arrangement.

Public Impact

The Pension Benefit Guaranty Corporation (PBGC) benefits directly through enhanced media monitoring capabilities. Services delivered include comprehensive tracking and analysis of media coverage relevant to the PBGC's mission and operations. The geographic impact is national, as media coverage spans across the United States. Workforce implications are minimal, primarily affecting the PBGC's communications and public affairs departments who will utilize the monitoring services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Positive Signals

Awarded under full and open competition, indicating a robust bidding process.
Firm Fixed Price contract type helps control costs and provides budget certainty.
Contract duration of two years allows for sustained service delivery and relationship building.

Sector Analysis

Media monitoring services fall within the broader professional, scientific, and technical services sector. This sector is characterized by a high degree of specialization and a mix of large and small providers. Federal spending in this area supports agencies' needs for intelligence gathering, public relations, and risk management. Comparable spending benchmarks would depend on the specific scope of media monitored (e.g., traditional news, social media, trade publications) and the depth of analysis required.

Small Business Impact

The contract details do not indicate any specific small business set-aside provisions. The award was made under full and open competition. There is no explicit information regarding subcontracting plans for small businesses. The impact on the small business ecosystem is neutral in this instance, as the primary award was not directed towards small businesses.

Oversight & Accountability

Oversight for this contract would typically reside with the contracting officer and program managers within the Pension Benefit Guaranty Corporation. Accountability measures are inherent in the firm-fixed-price contract structure, requiring the contractor to deliver specified services. Transparency is facilitated by the public nature of federal contract awards, though detailed performance metrics are usually internal.

Related Government Programs

Government Information Services
Public Relations Services
Media Analysis Services
Communications Support Contracts

Frequently Asked Questions

What is this federal contract paying for?

Pension Benefit Guaranty Corporation awarded $245,887.5 to THE WINVALE GROUP, LLC. MEDIA MONITORING

Who is the contractor on this award?

The obligated recipient is THE WINVALE 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 $245,887.5.

What is the period of performance?

Start: 2024-09-16. End: 2026-09-15.

What is the track record of The Winvale Group, LLC in providing media monitoring services to federal agencies?

Information regarding The Winvale Group, LLC's specific track record in providing media monitoring services to federal agencies is not detailed in the provided data. A comprehensive assessment would require reviewing past performance evaluations, contract history with other government entities, and client testimonials. Federal agencies typically maintain performance records for contractors, which can be accessed through official channels or databases like the Contractor Performance Assessment Reporting System (CPARS) for a more thorough understanding of their capabilities and reliability in delivering similar services.

How does the daily cost of this contract compare to industry benchmarks for media monitoring?

The daily cost of approximately $337 for this contract appears to be within a reasonable range for specialized media monitoring services, especially considering it's a firm-fixed-price contract over two years. Industry benchmarks can vary significantly based on the scope of monitoring (e.g., number of sources, geographic reach, depth of analysis, real-time vs. daily reporting). For comprehensive services that include sophisticated analytics and reporting, daily rates can range from a few hundred to over a thousand dollars. Without specific details on the service level agreement, a precise benchmark is difficult, but the indicated rate suggests fair market value for a standard offering.

What are the primary risks associated with this media monitoring contract?

The primary risks associated with this media monitoring contract are generally low but could include the risk of incomplete or inaccurate media coverage tracking, potential for biased analysis if not properly managed, and the contractor's ability to adapt to evolving media landscapes (e.g., new platforms, changing algorithms). Ensuring the contractor's methodology aligns with the PBGC's specific needs and that performance is regularly reviewed are key mitigation strategies. The firm-fixed-price nature of the contract helps mitigate cost overrun risks for the agency.

How effective is media monitoring for an agency like the Pension Benefit Guaranty Corporation?

Media monitoring is highly effective for an agency like the Pension Benefit Guaranty Corporation (PBGC) as it provides crucial insights into public perception, stakeholder sentiment, and emerging issues related to retirement security and pension plans. It enables the PBGC to proactively manage its reputation, respond to misinformation, identify potential crises, and understand the impact of its policies and communications. Effective monitoring helps ensure the agency remains informed and can adapt its strategies to better serve its mission and stakeholders.

What is the historical spending pattern for media monitoring services by the Pension Benefit Guaranty Corporation?

The provided data only details a single contract award for media monitoring services valued at $245,887.5. Historical spending patterns for this specific service category by the Pension Benefit Guaranty Corporation are not available from this data alone. To understand historical spending, one would need to analyze procurement records over multiple fiscal years, looking for previous contracts awarded for similar media monitoring or public relations intelligence services. This would reveal trends in contract values, durations, and awarded vendors.

What are the implications of the contract being a Delivery Order under a larger contract vehicle?

The data indicates this is a 'Delivery Order' (awarded under a contract vehicle, likely a GSA Schedule or similar IDIQ). This implies that the underlying contract vehicle itself underwent a competitive process, and this specific delivery order represents a task assignment or purchase against that pre-established agreement. The implications are that the terms, conditions, and potentially pricing were vetted during the initial vehicle award. This method can streamline procurement for agencies by having pre-vetted vendors and contract terms readily available, potentially reducing administrative burden and time.

Industry Classification

NAICS: Manufacturing › Computer and Peripheral Equipment Manufacturing › Electronic Computer Manufacturing

Product/Service Code: IT AND TELECOM - PLATFORM

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 16PBGC24Q0051

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 3951 WESTERRE PKWY, HENRICO, VA, 23233

Business Categories: Category Business, Limited Liability Corporation, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $245,888

Exercised Options: $245,888

Current Obligation: $245,888

Actual Outlays: $245,888

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QTCA23D007Q

IDV Type: FSS

Timeline