Treasury's IRS Awards $5.9M Network Support Contract to Eidos Technologies Amidst Limited Competition

Contract Overview

Contract Amount: $5,940,486 ($5.9M)

Contractor: Eidos Technologies, LLC

Awarding Agency: Department of the Treasury

Start Date: 2022-09-20

End Date: 2026-09-19

Contract Duration: 1,460 days

Daily Burn Rate: $4.1K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: CRIMINAL INVESTIGATIONS (CI) NETWORK SUPPORT

Place of Performance

Location: MANASSAS, PRINCE WILLIAM County, VIRGINIA, 20110

State: Virginia Government Spending

Plain-Language Summary

Department of the Treasury obligated $5.9 million to EIDOS TECHNOLOGIES, LLC for work described as: CRIMINAL INVESTIGATIONS (CI) NETWORK SUPPORT Key points: 1. Contract Value: $5.9 million over 4 years. 2. Sole Provider: Eidos Technologies, LLC holds the contract. 3. Sector: Information Technology (IT) services. 4. Risk: Potential for overpayment due to lack of competition.

Value Assessment

Rating: questionable

The contract's pricing is difficult to assess without comparable data. Given the sole-source nature, there's a risk that Eidos Technologies' pricing may not reflect competitive market rates.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was awarded on a sole-source basis, meaning Eidos Technologies was the only vendor considered. This significantly limits price discovery and competition, potentially leading to higher costs for taxpayers.

Taxpayer Impact: The lack of competition raises concerns about whether the government secured the best possible price for these essential IT services.

Public Impact

Taxpayers may be overpaying for essential IT network support services. Limited visibility into the necessity and cost-effectiveness of the services provided. Reliance on a single vendor could impact service continuity if issues arise.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Lack of competitive pricing
  • Potential for cost overruns

Positive Signals

  • Essential IT support for IRS operations
  • Long-term contract provides stability

Sector Analysis

This contract falls within the IT services sector, specifically computer systems design. Benchmarks for similar network support contracts vary widely based on scope and complexity, but competitive bidding typically drives down costs.

Small Business Impact

There is no indication that small businesses were involved in this sole-source award, nor is there information on subcontracting opportunities. This contract does not appear to support small business participation.

Oversight & Accountability

Oversight of this sole-source contract is crucial to ensure Eidos Technologies delivers services as specified and that costs remain reasonable. The IRS should actively monitor performance and expenditures.

Related Government Programs

  • Computer Systems Design Services
  • Department of the Treasury Contracting
  • Internal Revenue Service Programs

Risk Flags

  • Sole-source award limits competition.
  • Potential for inflated pricing.
  • Lack of transparency in vendor selection.
  • Dependency on a single provider.
  • Limited small business participation.

Tags

computer-systems-design-services, department-of-the-treasury, va, purchase-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $5.9 million to EIDOS TECHNOLOGIES, LLC. CRIMINAL INVESTIGATIONS (CI) NETWORK SUPPORT

Who is the contractor on this award?

The obligated recipient is EIDOS TECHNOLOGIES, 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 $5.9 million.

What is the period of performance?

Start: 2022-09-20. End: 2026-09-19.

What is the justification for awarding this contract on a sole-source basis?

The justification for a sole-source award typically involves unique capabilities, urgent needs, or a lack of available competition. Without further details, it's difficult to ascertain the specific reasons Eidos Technologies was the only considered vendor for the IRS's network support.

What measures are in place to mitigate the risk of overpayment in a sole-source contract?

Mitigation strategies can include rigorous performance metrics, independent cost analysis, and regular contract reviews. The IRS should ensure detailed service level agreements are in place and that Eidos Technologies' performance is continuously monitored against these benchmarks to prevent potential overpayment.

How does this contract ensure the effectiveness of criminal investigations support?

The effectiveness is presumed to be met through the specified services outlined in the contract. However, without performance data or independent validation, it's challenging to definitively assess the effectiveness. The IRS's internal monitoring and reporting on network uptime and support responsiveness are key indicators.

Industry Classification

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

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

Competition & Pricing

Extent Competed: NOT AVAILABLE FOR COMPETITION

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 8569 C SUDLEY ROAD, MANASSAS, VA, 20110

Business Categories: 8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, Economically Disadvantaged Women Owned Small Business, Hispanic American Owned Business, HUBZone Firm, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Financial Breakdown

Contract Ceiling: $5,940,486

Exercised Options: $5,940,486

Current Obligation: $5,940,486

Actual Outlays: $4,781,097

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Timeline

Start Date: 2022-09-20

Current End Date: 2026-09-19

Potential End Date: 2026-09-19 00:00:00

Last Modified: 2026-03-30

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