Treasury's OCC Awards $19.2M IT Support Contract to Federal Working Group, Inc
Contract Overview
Contract Amount: $19,239,163 ($19.2M)
Contractor: Federal Working Group, Inc
Awarding Agency: Department of the Treasury
Start Date: 2023-01-20
End Date: 2024-11-19
Contract Duration: 669 days
Daily Burn Rate: $28.8K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: INFORMATION TECHNOLOGY INFRASTRUCTURE SUPPORT SERVICES (ITISS) BRIDGE TASK ORDER
Place of Performance
Location: ARLINGTON, ARLINGTON County, VIRGINIA, 22207
State: Virginia Government Spending
Plain-Language Summary
Department of the Treasury obligated $19.2 million to FEDERAL WORKING GROUP, INC for work described as: INFORMATION TECHNOLOGY INFRASTRUCTURE SUPPORT SERVICES (ITISS) BRIDGE TASK ORDER Key points: 1. Contract Value: $19.2 million for IT infrastructure support. 2. Competition: Awarded under full and open competition. 3. Risk: Firm Fixed Price contract type may limit flexibility but controls cost. 4. Sector: Information Technology services.
Value Assessment
Rating: good
The contract value of $19.2 million for IT support services appears reasonable given the duration and scope. Benchmarking against similar IT infrastructure support contracts would provide a more definitive assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
Awarded through full and open competition, this method is expected to yield competitive pricing. The specific price discovery mechanisms used during the bidding process are not detailed but the competitive nature is a positive sign.
Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by fostering a competitive bidding environment.
Public Impact
Ensures continued IT infrastructure support for the Office of the Comptroller of the Currency. Supports critical operational functions through technology services. Potential for innovation and improved service delivery through competitive procurement.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Contract duration extends beyond one year, requiring ongoing monitoring.
- Specific performance metrics and service level agreements are not detailed.
Positive Signals
- Awarded under full and open competition.
- Firm Fixed Price contract type provides cost certainty.
Sector Analysis
This contract falls within the IT services sector, which is a significant area of federal spending. Benchmarks for IT infrastructure support services vary widely based on complexity and duration, but $19.2M over approximately 22 months is a substantial award.
Small Business Impact
The 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 process under full and open competition suggests a degree of oversight. However, detailed information on performance monitoring and accountability mechanisms would be beneficial.
Related Government Programs
- Other Computer Related Services
- Department of the Treasury Contracting
- Office of the Comptroller of the Currency Programs
Risk Flags
- Lack of detailed performance metrics.
- Potential for limited flexibility due to FFP.
- No indication of small business subcontracting.
- Contract duration requires sustained oversight.
Tags
other-computer-related-services, department-of-the-treasury, va, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $19.2 million to FEDERAL WORKING GROUP, INC. INFORMATION TECHNOLOGY INFRASTRUCTURE SUPPORT SERVICES (ITISS) BRIDGE TASK ORDER
Who is the contractor on this award?
The obligated recipient is FEDERAL WORKING GROUP, INC.
Which agency awarded this contract?
Awarding agency: Department of the Treasury (Office of the Comptroller of the Currency).
What is the total obligated amount?
The obligated amount is $19.2 million.
What is the period of performance?
Start: 2023-01-20. End: 2024-11-19.
What specific IT infrastructure support services are included in this contract?
The contract is for 'INFORMATION TECHNOLOGY INFRASTRUCTURE SUPPORT SERVICES (ITISS) BRIDGE TASK ORDER'. While the specific details are not provided in the summary data, this typically encompasses a range of services such as network management, hardware and software maintenance, help desk support, cybersecurity, and data center operations to ensure the smooth functioning of the agency's IT environment.
What are the key performance indicators (KPIs) for this contract?
The provided data does not specify the key performance indicators (KPIs) or service level agreements (SLAs) for this contract. Effective oversight would require clearly defined metrics to measure the contractor's performance, ensuring the delivery of required IT infrastructure support services meets the Office of the Comptroller of the Currency's operational needs and standards.
How does the firm fixed price impact the agency's ability to adapt to changing IT needs?
A Firm Fixed Price (FFP) contract provides cost certainty for the agency, as the price is set regardless of the contractor's actual costs. However, it can limit the agency's flexibility to make significant changes to the scope of work without formal change order negotiations, which can be time-consuming and potentially costly if not managed proactively.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Other Computer Related Services
Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS › IT AND TELECOM - APLLICATIONS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: 2031JW23Q00034
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 7918 JONES BRANCH DR FL 4, MC LEAN, VA, 22102
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $26,301,908
Exercised Options: $19,239,163
Current Obligation: $19,239,163
Actual Outlays: $19,239,163
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: GS35F0604X
IDV Type: FSS
Timeline
Start Date: 2023-01-20
Current End Date: 2024-11-19
Potential End Date: 2024-11-19 00:00:00
Last Modified: 2025-04-03
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