Treasury Renews IAPP Membership for $117K, Lacking Competition

Contract Overview

Contract Amount: $117,340 ($117.3K)

Contractor: THE International Association of Privacy Professionals, Inc.

Awarding Agency: Department of the Treasury

Start Date: 2024-04-01

End Date: 2027-03-31

Contract Duration: 1,094 days

Daily Burn Rate: $107/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: FOLLOW-ON CONTRACT TO RENEW IAPP MEMBERSHIP

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20220

State: District of Columbia Government Spending

Plain-Language Summary

Department of the Treasury obligated $117,340 to THE INTERNATIONAL ASSOCIATION OF PRIVACY PROFESSIONALS, INC. for work described as: FOLLOW-ON CONTRACT TO RENEW IAPP MEMBERSHIP Key points: 1. High cost for a membership renewal. 2. No competition was sought for this renewal. 3. Potential risk of overpaying due to lack of market testing. 4. IT/Professional Services sector.

Value Assessment

Rating: questionable

The contract is for a membership renewal, making direct pricing comparisons difficult. However, the cost of $117,340 over three years for an organization membership warrants scrutiny, especially without competitive bidding to ensure value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source or limited competition approach. This lack of competition limits price discovery and may result in a higher price than if multiple vendors had vied for the contract.

Taxpayer Impact: Taxpayers may be overpaying for this membership due to the absence of competitive pressure to secure the best possible price.

Public Impact

Renewal of a professional organization membership. Contract awarded to The International Association of Privacy Professionals, Inc. Spending is concentrated in the District of Columbia.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of competition
Potential for overpayment
Follow-on contract without re-evaluation

Positive Signals

Clear need for privacy professional resources
Fixed price contract

Sector Analysis

This contract falls within the professional services sector, specifically related to organizational memberships. Benchmarks for such memberships are highly variable, but the lack of competition raises concerns about cost-effectiveness.

Small Business Impact

This contract was not awarded to a small business, as indicated by the 'sb' field being false. There is no indication of efforts to include small businesses in this procurement.

Oversight & Accountability

The award was a purchase order, which typically involves less formal oversight than larger contract vehicles. The lack of competition suggests a potential gap in ensuring the government received the best value.

Related Government Programs

Professional Organizations
Department of the Treasury Contracting
Departmental Offices Programs

Risk Flags

Sole-source award
Lack of documented justification for sole-source
Potential for price inflation
No small business participation

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $117,340 to THE INTERNATIONAL ASSOCIATION OF PRIVACY PROFESSIONALS, INC.. FOLLOW-ON CONTRACT TO RENEW IAPP MEMBERSHIP

Who is the contractor on this award?

The obligated recipient is THE INTERNATIONAL ASSOCIATION OF PRIVACY PROFESSIONALS, INC..

Which agency awarded this contract?

Awarding agency: Department of the Treasury (Departmental Offices).

What is the total obligated amount?

The obligated amount is $117,340.

What is the period of performance?

Start: 2024-04-01. End: 2027-03-31.

What is the specific value proposition of this IAPP membership to the Department of the Treasury?

The specific value proposition of the IAPP membership to the Department of the Treasury is not detailed in the provided data. Typically, such memberships offer access to training, resources, networking opportunities, and certifications relevant to privacy professionals. Understanding the direct benefits and utilization by Treasury staff would be crucial to justifying the $117,340 expenditure over three years.

What are the risks associated with renewing this membership without competition?

The primary risk is financial: the Treasury may be overpaying for the membership due to the absence of competitive bidding. Without market testing, there's no assurance that alternative providers or negotiated rates could offer similar benefits at a lower cost. This also sets a precedent for future renewals without competitive evaluation.

How can the effectiveness of this membership be measured for future renewals?

Effectiveness can be measured by tracking the utilization of IAPP resources by Treasury personnel, the number of staff obtaining certifications, the impact of IAPP guidance on Treasury's privacy practices, and feedback from users. Establishing clear metrics before the next renewal period will allow for a data-driven assessment of value and inform future procurement decisions.

Industry Classification

NAICS: Other Services (except Public Administration) › Business, Professional, Labor, Political, and Similar Organizations › Professional Organizations

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › MANAGEMENT SUPPORT SERVICES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: 2032H324Q00026

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 75 ROCHESTER AVE, PORTSMOUTH, NH, 03801

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

Financial Breakdown

Contract Ceiling: $117,340

Exercised Options: $117,340

Current Obligation: $117,340

Actual Outlays: $35,025

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Timeline