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 Services › Computer Systems Design and Related Services › Custom Computer Programming Services
Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS › IT 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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