Treasury's $4M Temporary Support Services Contract Awarded to National Associates, Inc
Contract Overview
Contract Amount: $3,999,751 ($4.0M)
Contractor: National Associates, Inc.
Awarding Agency: Department of the Treasury
Start Date: 2024-10-01
End Date: 2025-09-30
Contract Duration: 364 days
Daily Burn Rate: $11.0K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Pricing Type: LABOR HOURS
Sector: Other
Official Description: TEMPORARY SUPPORT SERVICES FOR THE UCC
Place of Performance
Location: BIRMINGHAM, JEFFERSON County, ALABAMA, 35203
State: Alabama Government Spending
Plain-Language Summary
Department of the Treasury obligated $4.0 million to NATIONAL ASSOCIATES, INC. for work described as: TEMPORARY SUPPORT SERVICES FOR THE UCC Key points: 1. Contract value of $3,999,751 for temporary support services. 2. Awarded to National Associates, Inc. under full and open competition. 3. Potential risk associated with reliance on a single vendor for extended support. 4. Spending falls within the professional, scientific, and technical services sector.
Value Assessment
Rating: good
The contract value appears reasonable for 364 days of temporary support services. Benchmarking against similar contracts for temporary staffing agencies would provide a clearer picture of pricing efficiency.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition after exclusion of sources, indicating a competitive bidding process. This method generally promotes price discovery and ensures fair market value.
Taxpayer Impact: Taxpayer funds are being used for essential temporary staffing, with competition aiming to secure cost-effective services.
Public Impact
Ensures continuity of operations by providing necessary temporary staff. Supports the Bureau of the Fiscal Service's mission through specialized labor. Potential for job creation within the temporary staffing industry.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Vendor lock-in potential if services are extended.
- Dependence on a single provider for critical support functions.
Positive Signals
- Competitive award process.
- Clear contract duration.
Sector Analysis
This contract falls under the professional, scientific, and technical services sector, specifically temporary help services. Spending benchmarks for this category vary widely based on skill sets and duration.
Small Business Impact
The data indicates that this contract was not awarded to a small business. Further analysis would be needed to determine if small business set-asides were considered or if opportunities were missed.
Oversight & Accountability
The contract is subject to standard federal procurement oversight. The Bureau of the Fiscal Service is responsible for monitoring performance and ensuring compliance with contract terms.
Related Government Programs
- Temporary Help Services
- Department of the Treasury Contracting
- Bureau of the Fiscal Service Programs
Risk Flags
- Potential for vendor lock-in.
- Lack of small business participation.
- Limited insight into specific service details.
- Reliance on temporary staff for potentially ongoing needs.
Tags
temporary-help-services, department-of-the-treasury, al, bpa-call, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $4.0 million to NATIONAL ASSOCIATES, INC.. TEMPORARY SUPPORT SERVICES FOR THE UCC
Who is the contractor on this award?
The obligated recipient is NATIONAL ASSOCIATES, 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 $4.0 million.
What is the period of performance?
Start: 2024-10-01. End: 2025-09-30.
What is the specific nature of the temporary support services required by the Bureau of the Fiscal Service?
The specific nature of the temporary support services is not detailed in the provided data, beyond the NAICS code 561320 for Temporary Help Services. These services likely involve providing personnel to fill short-term staffing needs within the Bureau, potentially across various administrative, technical, or operational functions to manage workload fluctuations or specific projects.
What are the potential risks associated with relying on temporary support services for an extended period?
Relying on temporary support services for an extended period can pose risks such as decreased institutional knowledge retention, potential for inconsistent performance compared to permanent staff, and challenges in integrating temporary workers into the organizational culture. There's also a risk of vendor dependency and potential cost escalations if the contract is repeatedly extended without re-competition.
How does the awarded price compare to market rates for similar temporary staffing contracts?
Without specific details on the skill sets, labor categories, and geographic location of the temporary staff, a precise market rate comparison is difficult. However, the total contract value of $3,999,751 over 364 days suggests an average daily rate of approximately $11,000. This figure needs to be broken down by labor hours and specific roles to be meaningfully benchmarked against industry standards.
Industry Classification
NAICS: Administrative and Support and Waste Management and Remediation Services › Employment Services › Temporary Help Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › ADMINISTRATIVE SUPPORT SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: 2033H624Q00075
Pricing Type: LABOR HOURS (Z)
Evaluated Preference: NONE
Contractor Details
Address: 1101 CONNECTICUT AVE NW STE 450, WASHINGTON, DC, 20036
Business Categories: Black American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business
Financial Breakdown
Contract Ceiling: $3,999,751
Exercised Options: $3,999,751
Current Obligation: $3,999,751
Actual Outlays: $3,999,751
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: 2033H623A00006
IDV Type: BPA
Timeline
Start Date: 2024-10-01
Current End Date: 2025-09-30
Potential End Date: 2025-09-30 00:00:00
Last Modified: 2026-02-23
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