Treasury's $1.9M Contract for Computer Services Awarded to Panamerica Computers, Inc
Contract Overview
Contract Amount: $1,925,509 ($1.9M)
Contractor: Panamerica Computers, Inc.
Awarding Agency: Department of the Treasury
Start Date: 2024-06-19
End Date: 2027-06-18
Contract Duration: 1,094 days
Daily Burn Rate: $1.8K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 3
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: MOODY'S ORBIS
Place of Performance
Location: LURAY, PAGE County, VIRGINIA, 22835
State: Virginia Government Spending
Plain-Language Summary
Department of the Treasury obligated $1.9 million to PANAMERICA COMPUTERS, INC. for work described as: MOODY'S ORBIS Key points: 1. Contract value is $1.9M over 3 years. 2. Panamerica Computers, Inc. is the awardee. 3. The contract is for 'Other Computer Related Services'. 4. This is a firm-fixed-price contract. 5. The contract was awarded under full and open competition.
Value Assessment
Rating: fair
The contract value of $1.9M over three years for 'Other Computer Related Services' appears reasonable given the duration and service type. Benchmarking against similar IT service contracts would provide a more definitive assessment.
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 process. This method generally promotes price discovery and ensures fair market value.
Taxpayer Impact: The competitive award process suggests that taxpayer funds are being used efficiently for these computer services.
Public Impact
Ensures continued IT support for the Bureau of the Fiscal Service. Supports a private sector company, Panamerica Computers, Inc. The contract duration of three years provides stability for service delivery.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of specific performance metrics in provided data.
- Potential for scope creep in 'Other Computer Related Services'.
Positive Signals
- Firm-fixed-price contract limits cost overruns.
- Competitive award process.
Sector Analysis
This contract falls within the Information Technology sector, specifically 'Other Computer Related Services'. Spending in this area is substantial across government agencies, with IT services often representing a significant portion of agency budgets.
Small Business Impact
The data does not indicate if small businesses were involved in the bidding process or as subcontractors. Further analysis would be needed to determine the impact on small business participation.
Oversight & Accountability
The award was made by the Department of the Treasury's Bureau of the Fiscal Service. Standard government oversight mechanisms for contract performance and financial management would apply.
Related Government Programs
- Other Computer Related Services
- Department of the Treasury Contracting
- Bureau of the Fiscal Service Programs
Risk Flags
- Broad service category may obscure specific needs.
- Potential for vendor lock-in if services are highly specialized.
- Dependence on a single vendor for critical IT functions.
- Limited visibility into subcontractor performance.
Tags
other-computer-related-services, department-of-the-treasury, va, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $1.9 million to PANAMERICA COMPUTERS, INC.. MOODY'S ORBIS
Who is the contractor on this award?
The obligated recipient is PANAMERICA COMPUTERS, 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 $1.9 million.
What is the period of performance?
Start: 2024-06-19. End: 2027-06-18.
What specific services are included under 'Other Computer Related Services'?
The provided data lacks specific details on the services covered by 'Other Computer Related Services'. This category is broad and could encompass a wide range of IT support, maintenance, consulting, or integration activities. A deeper dive into the contract's statement of work is necessary for a precise understanding.
What is the benchmark pricing for similar 'Other Computer Related Services' contracts?
Benchmarking pricing for 'Other Computer Related Services' requires access to a database of comparable government contracts. Factors like service scope, duration, vendor experience, and geographic location significantly influence pricing. Without specific comparable data, a definitive price assessment is challenging, though the $1.9M over three years seems within a reasonable range for IT services.
How will the effectiveness of Panamerica Computers, Inc. be measured?
The effectiveness of Panamerica Computers, Inc. will likely be measured through performance metrics outlined in the contract's statement of work, which is not fully detailed here. Key Performance Indicators (KPIs) related to service uptime, response times, issue resolution rates, and client satisfaction are typical measures. The Bureau of the Fiscal Service will be responsible for monitoring these metrics.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Other Computer Related Services
Product/Service Code: BOOKS, MAPS, OTHER PUBLICATIONS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: 20341524Q00008
Offers Received: 3
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 1386 BIG OAK RD, LURAY, VA, 22835
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Economically Disadvantaged Women Owned Small Business, Hispanic American Owned Business, HUBZone Firm, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business
Financial Breakdown
Contract Ceiling: $2,042,850
Exercised Options: $2,042,850
Current Obligation: $1,925,509
Actual Outlays: $1,289,337
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: NNG15SD02B
IDV Type: GWAC
Timeline
Start Date: 2024-06-19
Current End Date: 2027-06-18
Potential End Date: 2027-06-18 00:00:00
Last Modified: 2026-04-06
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