Treasury's $27.5M Cybersecurity BPA Awarded to Booz Allen Hamilton for 3 Years
Contract Overview
Contract Amount: $27,524,755 ($27.5M)
Contractor: Booz Allen Hamilton Inc
Awarding Agency: Department of the Treasury
Start Date: 2023-10-01
End Date: 2026-03-20
Contract Duration: 901 days
Daily Burn Rate: $30.5K/day
Competition Type: FULL AND OPEN COMPETITION
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: BPA FOR CYBERSECURITY SUPPORT AND RELATED ASSESSMENT, CONSULTING, AND DATA BREACH SUPPORT SERVICES.
Place of Performance
Location: PARKERSBURG, WOOD County, WEST VIRGINIA, 26106
Plain-Language Summary
Department of the Treasury obligated $27.5 million to BOOZ ALLEN HAMILTON INC for work described as: BPA FOR CYBERSECURITY SUPPORT AND RELATED ASSESSMENT, CONSULTING, AND DATA BREACH SUPPORT SERVICES. Key points: 1. Booz Allen Hamilton secured a significant contract for critical cybersecurity services. 2. The contract value of $27.5M over approximately 3 years indicates substantial investment in cyber defense. 3. Competition method is 'Full and Open', suggesting a competitive bidding process. 4. The 'Custom Computer Programming Services' NAICS code points to specialized IT support.
Value Assessment
Rating: good
The contract value of $27.5M over 901 days is substantial. Benchmarking against similar cybersecurity support contracts would be necessary for a precise pricing assessment, but the 'Firm Fixed Price' structure suggests cost predictability.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under 'Full and Open Competition', indicating a robust bidding process. This method generally promotes competitive pricing and allows a wide range of qualified vendors to participate, potentially leading to better value for the government.
Taxpayer Impact: The competitive nature of the award is expected to yield fair pricing, ensuring taxpayer funds are used efficiently for essential cybersecurity services.
Public Impact
Ensures critical government systems are protected against cyber threats. Supports data breach response, minimizing potential damage and recovery costs. Provides advanced consulting and assessment services to enhance overall security posture. The contract duration of nearly three years allows for sustained cybersecurity efforts.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for vendor lock-in if follow-on work is heavily reliant on this BPA.
- Scope creep could increase costs beyond the initial $27.5M if not managed carefully.
- Reliance on a single vendor for critical cybersecurity functions.
Positive Signals
- Awarded through full and open competition.
- Firm Fixed Price contract type provides cost certainty.
- Long-term duration allows for sustained security improvements.
Sector Analysis
This contract falls within the IT services sector, specifically custom computer programming and related services. Cybersecurity spending is a growing area for government agencies, with significant investment in protecting sensitive data and infrastructure.
Small Business Impact
The contract was not set aside for small businesses, and the awardee, Booz Allen Hamilton, is a large business. There is no indication of small business participation in this specific award.
Oversight & Accountability
The 'Full and Open Competition' award method suggests a structured procurement process. Ongoing oversight by the Bureau of the Fiscal Service will be crucial to ensure performance and adherence to contract terms.
Related Government Programs
- Custom Computer Programming Services
- Department of the Treasury Contracting
- Bureau of the Fiscal Service Programs
Risk Flags
- Potential for vendor lock-in.
- Scope creep risk.
- Reliance on a single large vendor.
- Effectiveness dependent on detailed task order specifications.
- Evolving cyber threat landscape requires continuous adaptation.
Tags
custom-computer-programming-services, department-of-the-treasury, wv, bpa-call, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $27.5 million to BOOZ ALLEN HAMILTON INC. BPA FOR CYBERSECURITY SUPPORT AND RELATED ASSESSMENT, CONSULTING, AND DATA BREACH SUPPORT SERVICES.
Who is the contractor on this award?
The obligated recipient is BOOZ ALLEN HAMILTON INC.
Which agency awarded this contract?
Awarding agency: Department of the Treasury (Bureau of the Fiscal Service).
What is the total obligated amount?
The obligated amount is $27.5 million.
What is the period of performance?
Start: 2023-10-01. End: 2026-03-20.
What specific cybersecurity threats is this BPA designed to address, and how will performance be measured against evolving risks?
The BPA is broadly for cybersecurity support, assessment, consulting, and data breach services. Specific threats are not detailed in the provided data. Performance metrics should be clearly defined in the BPA's task orders, focusing on response times, effectiveness of assessments, and successful mitigation of identified vulnerabilities. Regular reviews will be necessary to adapt to the dynamic threat landscape.
How does the $27.5M contract value compare to industry benchmarks for similar cybersecurity support services over a three-year period?
Without specific details on the scope of services and required expertise, a direct benchmark is challenging. However, $27.5M for comprehensive cybersecurity support, including consulting and breach response over three years, appears to be within a reasonable range for a large federal agency like the Treasury, given the complexity and criticality of cyber defense.
What mechanisms are in place to ensure the quality and effectiveness of the consulting and data breach support services provided by Booz Allen Hamilton?
The 'Firm Fixed Price' contract type incentivizes the contractor to deliver services efficiently. The Bureau of the Fiscal Service will likely employ performance monitoring, regular progress reports, and potentially independent assessments to ensure the quality and effectiveness of the services. Task orders under the BPA should include specific deliverables and acceptance criteria.
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 - SECURITY AND COMPLIANCE
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: Booz Allen Hamilton Holding Corporation
Address: 8283 GREENSBORO DR, MC LEAN, VA, 22102
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $42,472,416
Exercised Options: $27,524,755
Current Obligation: $27,524,755
Actual Outlays: $27,468,180
Subaward Activity
Number of Subawards: 6
Total Subaward Amount: $6,204,087
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: 2033H622A00005
IDV Type: BPA
Timeline
Start Date: 2023-10-01
Current End Date: 2026-03-20
Potential End Date: 2026-03-20 00:00:00
Last Modified: 2026-01-28
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