Treasury's $6.6M BPA Call for Software Packaging and Vulnerability Management Services awarded to Peraton Technology Services Inc

Contract Overview

Contract Amount: $6,603,735 ($6.6M)

Contractor: Peraton Technology Services Inc.

Awarding Agency: Department of the Treasury

Start Date: 2023-09-29

End Date: 2026-09-28

Contract Duration: 1,095 days

Daily Burn Rate: $6.0K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: LABOR HOURS

Sector: IT

Official Description: BPA ORDER 7 - SOFTWARE PACKAGING AND VULNERABILITY MANAGEMENT SERVICES.

Place of Performance

Location: CHANTILLY, FAIRFAX County, VIRGINIA, 20151

State: Virginia Government Spending

Plain-Language Summary

Department of the Treasury obligated $6.6 million to PERATON TECHNOLOGY SERVICES INC. for work described as: BPA ORDER 7 - SOFTWARE PACKAGING AND VULNERABILITY MANAGEMENT SERVICES. Key points: 1. Contract awarded via a Blanket Purchase Agreement (BPA) Call, indicating a pre-competed framework. 2. Services focus on custom computer programming, aligning with IT infrastructure needs. 3. The contract duration of 1095 days suggests a medium-term engagement for ongoing support. 4. Awarded to Peraton Technology Services Inc., a known entity in the federal IT space. 5. The contract type is 'Labor Hours', which can offer flexibility but requires careful monitoring of effort. 6. No small business set-aside was utilized for this specific BPA Call.

Value Assessment

Rating: good

The contract value of $6.6 million over three years for specialized IT services appears reasonable. Benchmarking against similar custom computer programming services (NAICS 541511) suggests that pricing for labor-hour contracts can vary significantly based on skill sets and complexity. Without specific details on the labor categories and hours, a precise value-for-money assessment is challenging, but the award to a single vendor under a BPA Call implies some level of pre-negotiated or competitive pricing within the BPA framework.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This BPA Call was awarded under a Full and Open Competition framework, suggesting that multiple vendors had the opportunity to bid on the underlying BPA. The specific BPA Call itself likely involved a competitive process among BPA holders. The number of bidders for this specific call is not provided, but the 'full and open' designation for the BPA indicates a broad competitive base was initially considered.

Taxpayer Impact: A full and open competition process generally leads to better price discovery and potentially lower costs for taxpayers compared to sole-source or limited competition awards.

Public Impact

The Office of the Comptroller of the Currency (OCC) within the Department of the Treasury is the primary beneficiary, receiving critical software packaging and vulnerability management services. These services are essential for maintaining the security and operational integrity of the OCC's IT systems. The contract supports the federal government's ongoing efforts to protect sensitive financial data and infrastructure from cyber threats. The geographic impact is primarily within Virginia, where the contractor is located, but the services support a federal agency's national mission.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for cost overruns if labor hours are not efficiently managed.
Reliance on a single vendor for critical cybersecurity functions could pose a risk if performance degrades.
The specific scope of 'software packaging' needs clear definition to avoid scope creep.

Positive Signals

Awarded under a BPA Call, suggesting a pre-competed and potentially streamlined procurement process.
Focus on vulnerability management directly addresses critical cybersecurity needs for a financial regulator.
Contract duration provides stability for essential IT support services.

Sector Analysis

This contract falls within the Information Technology (IT) sector, specifically custom computer programming services. The federal IT services market is substantial, with agencies consistently investing in software development, cybersecurity, and IT infrastructure management. NAICS code 541511 represents a significant segment of this market. Comparable spending benchmarks for similar services can vary widely based on complexity, security requirements, and the specific technologies involved. The use of a BPA framework is common for agencies seeking efficient ways to procure recurring IT needs from pre-vetted vendors.

Small Business Impact

This contract was not awarded as a small business set-aside, nor does it indicate any specific subcontracting requirements for small businesses. Therefore, its direct impact on the small business ecosystem is likely minimal, beyond potential opportunities if Peraton Technology Services Inc. chooses to engage small businesses as subcontractors for specialized tasks.

Oversight & Accountability

Oversight for this contract would typically reside with the contracting officer's representative (COR) within the Office of the Comptroller of the Currency. Performance monitoring, invoice review, and adherence to contract terms are standard oversight mechanisms. Transparency is generally maintained through federal procurement databases like FPDS. Inspector General jurisdiction would apply if any fraud, waste, or abuse is suspected.

Related Government Programs

IT Professional Services
Cybersecurity Services
Custom Computer Programming
Blanket Purchase Agreements (BPAs)
Software Development

Risk Flags

Potential for scope creep in labor-hour contracts.
Cybersecurity risks associated with software vulnerabilities.
Dependence on a single vendor for critical IT functions.

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $6.6 million to PERATON TECHNOLOGY SERVICES INC.. BPA ORDER 7 - SOFTWARE PACKAGING AND VULNERABILITY MANAGEMENT SERVICES.

Who is the contractor on this award?

The obligated recipient is PERATON TECHNOLOGY SERVICES 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 $6.6 million.

What is the period of performance?

Start: 2023-09-29. End: 2026-09-28.

What is the specific nature of the 'software packaging' and 'vulnerability management' services being provided under this BPA Call?

The BPA Call for Software Packaging and Vulnerability Management Services likely entails the creation, testing, and deployment of software packages, ensuring they are configured correctly and securely. Vulnerability management would involve identifying, assessing, and remediating security weaknesses within the OCC's software systems and applications. This could include activities such as penetration testing, security code reviews, patch management, and threat intelligence analysis to protect against cyber threats. The exact scope would be detailed in the specific BPA Call document and any associated task orders, defining deliverables, methodologies, and performance metrics.

How does the pricing structure (Labor Hours) compare to fixed-price or other contract types for similar IT services?

Labor Hour contracts, like this one, offer flexibility as the government pays for the actual time and labor spent by the contractor. This can be advantageous for services where the scope is not well-defined or is expected to change. However, it carries a higher risk of cost overruns if not managed diligently. Fixed-price contracts, conversely, offer cost certainty but require a very well-defined scope upfront. For IT services, especially those involving custom development or evolving security needs, labor hour contracts can be competitive if robust oversight and management are in place to control hours and ensure efficiency. Benchmarking requires comparing specific labor rates against market data for similar skill sets.

What is Peraton Technology Services Inc.'s track record with the Department of the Treasury and similar federal agencies for IT services?

Peraton Technology Services Inc. has a significant presence in the federal IT contracting space, including work with various agencies. Information available through federal procurement databases (like FPDS) would detail their past performance, contract values, and types of services rendered to agencies like the Department of the Treasury. A review of their contract history would reveal their experience with custom computer programming, cybersecurity, and managing complex IT projects. Assessing their past performance ratings and any reported issues would provide insight into their reliability and capability for fulfilling this BPA Call.

What are the key performance indicators (KPIs) or metrics used to evaluate the success of these software packaging and vulnerability management services?

Key performance indicators for software packaging and vulnerability management services typically focus on efficiency, effectiveness, and security outcomes. For software packaging, KPIs might include the time to package and deploy software, the number of successful deployments, and the rate of defects found post-deployment. For vulnerability management, metrics could include the number of vulnerabilities identified and remediated within defined timeframes (e.g., critical vulnerabilities within 24 hours), the reduction in the overall vulnerability posture score, the success rate of security audits, and the number of security incidents prevented or mitigated. The specific KPIs would be defined in the Performance Work Statement (PWS) of the BPA Call.

How does this $6.6 million BPA Call fit into the broader IT spending patterns of the Office of the Comptroller of the Currency?

This $6.6 million BPA Call represents a portion of the OCC's overall IT budget, which is dedicated to maintaining and enhancing its technological infrastructure and cybersecurity posture. The OCC, as a key financial regulator, requires robust IT systems to manage data, conduct examinations, and ensure financial stability. Spending on custom programming and vulnerability management is critical for adapting to evolving threats and regulatory requirements. Comparing this contract's value to the OCC's total IT expenditures over the contract period would provide context on its relative significance. It likely supports specific modernization efforts or ongoing operational security needs.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Custom Computer Programming 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: 2031JW23Q00140

Pricing Type: LABOR HOURS (Z)

Evaluated Preference: NONE

Contractor Details

Address: 15050 CONFERENCE CENTER DR, CHANTILLY, VA, 20151

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

Financial Breakdown

Contract Ceiling: $11,569,595

Exercised Options: $6,603,735

Current Obligation: $6,603,735

Actual Outlays: $4,761,725

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 2031JW23A00001

IDV Type: BPA

Timeline