Treasury's IRS Awards $66,697 for Court Reporting Services to Capital Reporting Company, LLC
Contract Overview
Contract Amount: $66,697 ($66.7K)
Contractor: Capital Reporting Company, LLC
Awarding Agency: Department of the Treasury
Start Date: 2025-01-27
End Date: 2025-02-07
Contract Duration: 11 days
Daily Burn Rate: $6.1K/day
Competition Type: NOT COMPETED UNDER SAP
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: COURT REPORTER SERVICES
Place of Performance
Location: LIVINGSTON, ESSEX County, NEW JERSEY, 07039
Plain-Language Summary
Department of the Treasury obligated $66,697.4 to CAPITAL REPORTING COMPANY, LLC for work described as: COURT REPORTER SERVICES Key points: 1. Spending on court reporting services is essential for legal and administrative proceedings. 2. Competition for these services can vary, impacting price and quality. 3. Potential risks include data accuracy and timely delivery of transcripts. 4. This falls within the administrative and legal support sector.
Value Assessment
Rating: fair
The award amount of $66,697 for 11 days of service appears reasonable given the specialized nature of court reporting. Benchmarking against similar contracts is difficult without more detailed service scope.
Cost Per Unit: N/A
Competition Analysis
Competition Level: limited
The contract was not competed under SAP, suggesting a limited competition approach. This may have limited price discovery and potentially led to a higher price than a fully competed contract.
Taxpayer Impact: Taxpayer impact is minimal given the relatively small contract value, but efficient procurement practices are always desirable.
Public Impact
Ensures accurate record-keeping for IRS legal and administrative processes. Supports the efficient functioning of the judicial and administrative arms of the Treasury. Provides essential documentation for case resolution and appeals.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Limited competition may result in suboptimal pricing.
- Dependence on a single vendor for critical services.
- Potential for delays if vendor capacity is strained.
Positive Signals
- Clear contract type (Firm Fixed Price) aids budget predictability.
- Short duration limits long-term vendor lock-in.
- Specific vendor identified, allowing for focused relationship management.
Sector Analysis
The administrative and legal support sector, including court reporting, is crucial for government operations. Spending benchmarks vary widely based on the volume and complexity of proceedings.
Small Business Impact
No information is available regarding small business participation in this specific award. Further analysis would be needed to determine if small businesses were considered or excluded.
Oversight & Accountability
The award was made via Purchase Order, which is a standard procurement instrument. Oversight would focus on ensuring timely delivery and accuracy of services as per the contract terms.
Related Government Programs
- Court Reporting and Stenotype Services
- Department of the Treasury Contracting
- Internal Revenue Service Programs
Risk Flags
- Limited competition
- Potential for price inflation
- Vendor performance risk
- Data integrity and security
Tags
court-reporting-and-stenotype-services, department-of-the-treasury, nj, purchase-order, under-100k
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $66,697.4 to CAPITAL REPORTING COMPANY, LLC. COURT REPORTER SERVICES
Who is the contractor on this award?
The obligated recipient is CAPITAL REPORTING COMPANY, LLC.
Which agency awarded this contract?
Awarding agency: Department of the Treasury (Internal Revenue Service).
What is the total obligated amount?
The obligated amount is $66,697.4.
What is the period of performance?
Start: 2025-01-27. End: 2025-02-07.
What is the typical cost range for court reporting services for a similar duration and complexity?
The typical cost range for court reporting services can vary significantly based on geographic location, the number of court reporters required, transcription speed, and the complexity of the proceedings. For a short duration like 11 days, costs could range from a few thousand to tens of thousands of dollars, depending on these factors. Benchmarking requires detailed service scope and market research.
What are the risks associated with limited competition for specialized services like court reporting?
Limited competition risks include potentially higher prices due to lack of market pressure, reduced innovation, and a smaller pool of qualified vendors. This can also lead to vendor lock-in and difficulties in finding alternative providers if the incumbent fails to perform. Ensuring fair pricing and quality requires careful justification for limited competition.
How does the IRS ensure the accuracy and timeliness of court reporting services under this contract?
The IRS typically ensures accuracy and timeliness through clearly defined contract requirements, performance standards, and quality assurance surveillance plans. This includes specifying turnaround times for transcripts, accuracy rates, and potentially requiring certifications for court reporters. Regular communication and review of deliverables are key oversight mechanisms.
Industry Classification
NAICS: Administrative and Support and Waste Management and Remediation Services › Business Support Services › Court Reporting and Stenotype Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › ADMINISTRATIVE SUPPORT SERVICES
Competition & Pricing
Extent Competed: NOT COMPETED UNDER SAP
Solicitation Procedures: SIMPLIFIED ACQUISITION
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 290 W MOUNT PLEASANT AVE, LIVINGSTON, NJ, 07039
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $66,697
Exercised Options: $66,697
Current Obligation: $66,697
Actual Outlays: $66,697
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Timeline
Start Date: 2025-01-27
Current End Date: 2025-02-07
Potential End Date: 2025-02-07 10:58:53
Last Modified: 2026-04-10
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