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

Positive Signals

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

Risk Flags

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 ServicesEmployment ServicesTemporary 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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