Treasury's OCC awards $12.77M Netskope support and licenses to SAIC under full and open competition

Contract Overview

Contract Amount: $12,770,132 ($12.8M)

Contractor: Science Applications International Corporation

Awarding Agency: Department of the Treasury

Start Date: 2023-12-17

End Date: 2026-12-16

Contract Duration: 1,095 days

Daily Burn Rate: $11.7K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: NETSKOPE SUPPORT SERVICES AND LICENSES.

Place of Performance

Location: RESTON, FAIRFAX County, VIRGINIA, 20190

State: Virginia Government Spending

Plain-Language Summary

Department of the Treasury obligated $12.8 million to SCIENCE APPLICATIONS INTERNATIONAL CORPORATION for work described as: NETSKOPE SUPPORT SERVICES AND LICENSES. Key points: 1. The contract focuses on essential IT support and licensing for Netskope, a critical cybersecurity platform. 2. SAIC, a large defense contractor, secured this award, indicating strong capabilities in the IT services sector. 3. The award is a BPA Call, suggesting it's part of a larger framework agreement. 4. The contract duration of three years (1095 days) provides a stable period for service delivery.

Value Assessment

Rating: good

The total award amount of $12.77M over three years appears reasonable for specialized cybersecurity support and licensing. Benchmarking against similar large-scale IT support contracts would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, allowing multiple vendors to bid. This competitive process likely contributed to a fair price discovery and a favorable outcome for the government.

Taxpayer Impact: The competitive award process is expected to ensure taxpayer funds are used efficiently for necessary cybersecurity services.

Public Impact

Ensures continued cybersecurity protection for sensitive government data. Supports the operational continuity of the Office of the Comptroller of the Currency. Leverages advanced Netskope technology for threat detection and data loss prevention. Provides critical IT infrastructure support to a key financial regulatory agency.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the IT services sector, specifically focusing on cybersecurity software and support. Spending in this area is consistently high across federal agencies due to increasing cyber threats.

Small Business Impact

The awardee, SAIC, is a large business. There is no specific indication of small business participation in this particular BPA Call, which is common for specialized IT services requiring extensive resources and expertise.

Oversight & Accountability

The award was made under a BPA Call, which implies adherence to the terms of a pre-existing Best-in-Class BPA. Oversight would focus on performance against contract requirements and adherence to pricing within the BPA.

Related Government Programs

Risk Flags

Tags

custom-computer-programming-services, department-of-the-treasury, va, bpa-call, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $12.8 million to SCIENCE APPLICATIONS INTERNATIONAL CORPORATION. NETSKOPE SUPPORT SERVICES AND LICENSES.

Who is the contractor on this award?

The obligated recipient is SCIENCE APPLICATIONS INTERNATIONAL CORPORATION.

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 $12.8 million.

What is the period of performance?

Start: 2023-12-17. End: 2026-12-16.

What is the specific value proposition of Netskope services for the OCC?

Netskope provides cloud security solutions, including Secure Access Service Edge (SASE) and Security Service Edge (SSE) capabilities. For the OCC, this likely translates to enhanced protection of sensitive financial data, secure remote access for employees, and compliance with regulatory requirements by monitoring and controlling cloud application usage and data flows.

What are the primary risks associated with this contract?

Key risks include potential vendor lock-in with Netskope's proprietary technology, requiring significant effort and cost to switch providers. There's also a risk related to the concentration of critical cybersecurity functions with a single vendor, making the agency vulnerable if the vendor experiences service disruptions or security breaches. Ensuring ongoing competitive pricing for renewals and future services is also a consideration.

How does this contract contribute to the OCC's overall mission effectiveness?

By ensuring robust cybersecurity and secure access to cloud services, this contract directly supports the OCC's mission to supervise national banks and federal savings associations. It protects sensitive financial data, maintains operational integrity, and enables secure digital transformation, thereby fostering confidence in the financial system and preventing cyber-related disruptions.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesComputer Systems Design and Related ServicesCustom Computer Programming Services

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONSIT AND TELECOM - APLLICATIONS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 2031JW24Q00020

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 12010, SUNSET HILLS ROAD, RESTON, VA, 20190

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

Financial Breakdown

Contract Ceiling: $23,020,853

Exercised Options: $12,770,132

Current Obligation: $12,770,132

Actual Outlays: $10,143,285

Subaward Activity

Number of Subawards: 4

Total Subaward Amount: $15,150,602

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 2031JW19A00001

IDV Type: BPA

Timeline

Start Date: 2023-12-17

Current End Date: 2026-12-16

Potential End Date: 2028-12-16 00:00:00

Last Modified: 2025-12-11

More Contracts from Science Applications International Corporation

View all Science Applications International Corporation federal contracts →

Other Department of the Treasury Contracts

View all Department of the Treasury contracts →

Explore Related Government Spending