State Dept. Awards $30.4M Conference Support Contract to Freeman Decorating Co

Contract Overview

Contract Amount: $30,390,854 ($30.4M)

Contractor: Freeman Decorating CO.

Awarding Agency: Department of State

Start Date: 2024-02-21

End Date: 2025-02-20

Contract Duration: 365 days

Daily Burn Rate: $83.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 5

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: CONFERENCE SUPPORT

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20004

State: District of Columbia Government Spending

Plain-Language Summary

Department of State obligated $30.4 million to FREEMAN DECORATING CO. for work described as: CONFERENCE SUPPORT Key points: 1. Significant contract value of $30.4 million for conference support services. 2. Awarded under full and open competition, indicating a competitive bidding process. 3. Potential risk associated with reliance on a single vendor for a large event. 4. Services fall under the 'Convention and Trade Show Organizers' NAICS code.

Value Assessment

Rating: fair

The contract value of $30.4 million for one year of conference support appears high. Benchmarking against similar large-scale event support contracts would be necessary to determine if this pricing is competitive.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded using full and open competition, suggesting multiple vendors had the opportunity to bid. This method generally promotes price discovery and competitive pricing.

Taxpayer Impact: Taxpayers are likely benefiting from competitive pricing due to the open competition, though the overall value of the contract warrants scrutiny.

Public Impact

Ensures smooth execution of government conferences and events. Supports the Department of State's mission by facilitating important gatherings. Potential for job creation within the event services industry.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • High contract value for a single year.
  • Potential vendor lock-in if services are highly specialized.

Positive Signals

  • Awarded through full and open competition.
  • Clear contract duration and defined services.

Sector Analysis

Conference support services are crucial for government agencies to host events, training, and public forums. Spending in this sector can fluctuate based on agency priorities and event schedules. Benchmarks for similar large-scale event contracts are not readily available but typically involve significant logistical and vendor management costs.

Small Business Impact

The data does not indicate if small businesses were involved as subcontractors or prime contractors. Further analysis would be needed to assess small business participation in this contract.

Oversight & Accountability

The contract is managed by the Department of State. Oversight would involve monitoring performance against contract requirements and ensuring adherence to terms and conditions.

Related Government Programs

  • Convention and Trade Show Organizers
  • Department of State Contracting
  • Department of State Programs

Risk Flags

  • High contract value.
  • Potential for vendor lock-in.
  • Lack of detail on specific services provided.
  • No indication of small business participation.

Tags

convention-and-trade-show-organizers, department-of-state, dc, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of State awarded $30.4 million to FREEMAN DECORATING CO.. CONFERENCE SUPPORT

Who is the contractor on this award?

The obligated recipient is FREEMAN DECORATING CO..

Which agency awarded this contract?

Awarding agency: Department of State (Department of State).

What is the total obligated amount?

The obligated amount is $30.4 million.

What is the period of performance?

Start: 2024-02-21. End: 2025-02-20.

What specific services are included under 'Conference Support' to justify the $30.4 million cost?

The specific services would typically encompass venue management, exhibit design and setup, audiovisual equipment, registration services, staffing, catering coordination, and potentially marketing and communication support for the conferences. A detailed breakdown of these components is essential to validate the substantial cost and ensure it aligns with the scope and scale of the events supported.

What is the risk of vendor dependency for such a critical support function?

The primary risk of vendor dependency is the potential for service disruption if the vendor fails to perform or faces financial instability. It can also lead to reduced negotiating leverage for future contracts. Mitigating this involves robust performance monitoring, clear contract terms, and contingency planning for service continuity.

How effectively does this contract support the Department of State's overall mission objectives?

This contract effectively supports the Department of State's mission by enabling the successful execution of diplomatic events, international forums, and internal meetings. These gatherings are vital for diplomacy, policy dissemination, and stakeholder engagement. The quality of conference support directly impacts the perception and effectiveness of these crucial interactions.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation ServicesOther Support ServicesConvention and Trade Show Organizers

Product/Service Code: LEASE/RENT FACILITIESLEASE/RENTAL OF BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 5

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 14221 N DALLAS PARKWAY STE 200, DALLAS, TX, 75235

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

Financial Breakdown

Contract Ceiling: $30,390,854

Exercised Options: $30,390,854

Current Obligation: $30,390,854

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline

Start Date: 2024-02-21

Current End Date: 2025-02-20

Potential End Date: 2025-02-20 00:00:00

Last Modified: 2025-02-26

Other Department of State Contracts

View all Department of State contracts →

Explore Related Government Spending