Treasury's $917K DPAS Support Services Contract Awarded to CREOAL CONSULTING LLC

Contract Overview

Contract Amount: $917,360 ($917.4K)

Contractor: Creoal Consulting LLC

Awarding Agency: Department of the Treasury

Start Date: 2024-04-30

End Date: 2026-04-29

Contract Duration: 729 days

Daily Burn Rate: $1.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: TIME AND MATERIALS

Sector: IT

Official Description: DPAS SUPPORT SERVICES

Place of Performance

Location: HERNDON, FAIRFAX County, VIRGINIA, 20170

State: Virginia Government Spending

Plain-Language Summary

Department of the Treasury obligated $917,360.44 to CREOAL CONSULTING LLC for work described as: DPAS SUPPORT SERVICES Key points: 1. Contract value of $917,360.44 for DPAS Support Services. 2. Awarded to CREOAL CONSULTING LLC under a BPA Call. 3. Competition method was 'FULL AND OPEN COMPETITION'. 4. Service type is Custom Computer Programming Services (NAICS 541511). 5. Contract duration is 729 days, ending April 29, 2026.

Value Assessment

Rating: good

The contract is a Time and Materials type, which can be less predictable in final cost compared to fixed-price contracts. However, the total award amount is relatively modest for IT support services.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a robust price discovery process. The BPA Call mechanism suggests a pre-competed framework was leveraged.

Taxpayer Impact: Taxpayer funds are being used for essential IT support services, with competition aiming to ensure reasonable pricing.

Public Impact

Ensures continued operation of the Debt Management and Payment System (DPAS). Supports critical financial operations for the Bureau of the Fiscal Service. Provides custom computer programming services vital for system maintenance and upgrades.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for cost overruns with Time and Materials contract type.
  • Reliance on a single vendor for critical support services.

Positive Signals

  • Awarded through full and open competition.
  • Supports essential government financial systems.

Sector Analysis

This contract falls within the IT services sector, specifically custom computer programming. Spending benchmarks for similar services vary widely based on complexity and duration, but this award appears moderate.

Small Business Impact

The contract was awarded to CREOAL CONSULTING LLC, which is not indicated as a small business. Further analysis would be needed to determine if small business participation was sought or achieved.

Oversight & Accountability

The Bureau of the Fiscal Service is responsible for overseeing this contract. Standard procurement regulations and oversight mechanisms should apply to ensure performance and financial accountability.

Related Government Programs

  • Custom Computer Programming Services
  • Department of the Treasury Contracting
  • Bureau of the Fiscal Service Programs

Risk Flags

  • Potential for cost overruns (T&M contract).
  • Vendor lock-in risk if performance is critical and alternatives are limited.
  • Dependence on specific programming expertise.

Tags

custom-computer-programming-services, department-of-the-treasury, va, bpa-call, 100k-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $917,360.44 to CREOAL CONSULTING LLC. DPAS SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is CREOAL CONSULTING LLC.

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 $917,360.44.

What is the period of performance?

Start: 2024-04-30. End: 2026-04-29.

What is the expected impact of the Time and Materials contract type on the final cost compared to a fixed-price award for these custom programming services?

Time and Materials contracts offer flexibility but can lead to higher final costs if not closely managed. The actual cost will depend on the hours worked and the rates charged by CREOAL CONSULTING LLC. Without a fixed ceiling or detailed scope, there's a risk of costs exceeding initial estimates, impacting overall value for taxpayer money.

How effectively did the 'full and open competition' process ensure competitive pricing for these specialized IT support services?

Full and open competition generally provides the best opportunity for competitive pricing by allowing all eligible vendors to bid. The use of a BPA Call suggests the underlying framework was already competed, potentially streamlining the process. However, the specific number of bids received and the final negotiated price would offer a clearer picture of the pricing effectiveness.

What are the key performance indicators (KPIs) used to measure the effectiveness of CREOAL CONSULTING LLC's DPAS support services?

Specific KPIs are not detailed in the provided data. Typically, for custom computer programming services, effectiveness is measured by factors such as system uptime, bug resolution time, successful implementation of new features, adherence to project timelines, and client satisfaction surveys from the Bureau of the Fiscal Service.

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 - IT MANAGEMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 2033H624Q00002

Offers Received: 1

Pricing Type: TIME AND MATERIALS (Y)

Evaluated Preference: NONE

Contractor Details

Address: 12950 WORLDGATE DR, STE 450, HERNDON, VA, 20170

Business Categories: Category Business, Limited Liability Corporation, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $917,360

Exercised Options: $917,360

Current Obligation: $917,360

Actual Outlays: $664,086

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 2033H620A00013

IDV Type: BPA

Timeline

Start Date: 2024-04-30

Current End Date: 2026-04-29

Potential End Date: 2026-05-01 00:00:00

Last Modified: 2026-04-01

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