Treasury's $3M Contract for Computer Systems Design Services Awarded to Montage + Magnum, LLC

Contract Overview

Contract Amount: $3,023,209 ($3.0M)

Contractor: Montage + Magnum, LLC

Awarding Agency: Department of the Treasury

Start Date: 2024-09-01

End Date: 2026-08-31

Contract Duration: 729 days

Daily Burn Rate: $4.1K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: WEB AND COMMUNICATION SERVICES

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20220

State: District of Columbia Government Spending

Plain-Language Summary

Department of the Treasury obligated $3.0 million to MONTAGE + MAGNUM, LLC for work described as: WEB AND COMMUNICATION SERVICES Key points: 1. Contract value of $3,023,208.68 for computer systems design. 2. Awarded to Montage + Magnum, LLC. 3. Contract duration is 729 days. 4. Services are for the Bureau of the Fiscal Service within the Department of the Treasury. 5. The contract type is a definitive contract with a firm fixed price.

Value Assessment

Rating: questionable

The contract value is $3,023,208.68 for 729 days. Without specific deliverables or a clear comparison to similar services, it's difficult to assess if this pricing is competitive. The lack of a stated benchmark makes evaluation challenging.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was not available for competition, indicating a limited competition approach. This method may not yield the best price discovery, potentially leading to higher costs for taxpayers compared to a full and open competition.

Taxpayer Impact: The limited competition approach raises concerns about optimal taxpayer value. Without competitive bidding, the government may be overpaying for these computer systems design services.

Public Impact

Taxpayers may not be receiving the best value due to limited competition. The contract supports essential functions of the Bureau of the Fiscal Service. Transparency in pricing and competition could be improved for future contracts.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Limited competition
  • Lack of pricing benchmark
  • No small business participation indicated

Positive Signals

  • Firm fixed price contract type
  • Clear contract duration

Sector Analysis

This contract falls under the IT sector, specifically Computer Systems Design Services. Spending in this area is substantial across government agencies, with benchmarks varying widely based on complexity and scope. The $3M value for a two-year contract is moderate.

Small Business Impact

The data indicates that small business participation was not a factor in this contract award (ss: false, sb: false). Future solicitations should consider opportunities for small businesses to compete and contribute.

Oversight & Accountability

The contract is a definitive contract, suggesting it has undergone some level of review. However, the limited competition and lack of clear pricing benchmarks warrant further oversight to ensure accountability and value for money.

Related Government Programs

  • Computer Systems Design Services
  • Department of the Treasury Contracting
  • Bureau of the Fiscal Service Programs

Risk Flags

  • Limited competition raises concerns about price fairness.
  • Lack of a clear pricing benchmark hinders value assessment.
  • No indication of small business involvement.
  • Justification for limited competition is not provided.

Tags

computer-systems-design-services, department-of-the-treasury, dc, definitive-contract, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $3.0 million to MONTAGE + MAGNUM, LLC. WEB AND COMMUNICATION SERVICES

Who is the contractor on this award?

The obligated recipient is MONTAGE + MAGNUM, 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 $3.0 million.

What is the period of performance?

Start: 2024-09-01. End: 2026-08-31.

What specific computer systems design services are being procured, and how do they align with the Bureau of the Fiscal Service's mission?

The contract specifies 'Computer Systems Design Services' (NAICS 541512). While essential for government operations, the exact nature of these services is not detailed. Understanding the specific design tasks, system integrations, or software development involved would clarify their alignment with the Bureau of the Fiscal Service's mission to manage federal finances and provide financial services.

What is the justification for awarding this contract under limited competition, and what steps were taken to ensure fair pricing?

The contract was marked as 'NOT AVAILABLE FOR COMPETITION,' indicating a limited competition approach. The justification for this limitation is not provided in the data. Without this justification, it's difficult to assess if fair pricing was achieved through competitive negotiation or if the price reflects a sole-source determination.

How will the effectiveness of the computer systems design services be measured and evaluated throughout the contract period?

The provided data does not detail the performance metrics or evaluation criteria for the computer systems design services. A firm fixed price contract implies deliverables are expected, but the mechanism for measuring the effectiveness and quality of the design work is crucial for ensuring the government receives the intended value and functionality.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesComputer Systems Design and Related ServicesComputer Systems Design Services

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONSIT AND TELECOM - IT MANAGEMENT

Competition & Pricing

Extent Competed: NOT AVAILABLE FOR COMPETITION

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: 20341224Q00026

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 8000 WESTPARK DR STE 330, MC LEAN, VA, 22102

Business Categories: Asian Pacific American Owned Business, Category Business, DoT Certified Disadvantaged Business Enterprise, Joint Venture Economically Disadvantaged Women Owned Small Business, Joint Venture Women Owned Small Business, Limited Liability Corporation, Minority Owned Business, Partnership or Limited Liability Partnership, SBA Certified 8 a Joint Venture, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Financial Breakdown

Contract Ceiling: $4,404,701

Exercised Options: $3,023,209

Current Obligation: $3,023,209

Actual Outlays: $1,866,295

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline

Start Date: 2024-09-01

Current End Date: 2026-08-31

Potential End Date: 2027-08-31 00:00:00

Last Modified: 2026-03-24

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