Treasury's $40.2M IT Managed Services Contract Awarded to BAE Systems

Contract Overview

Contract Amount: $40,221,769 ($40.2M)

Contractor: BAE Systems Technology Solutions & Services Inc.

Awarding Agency: Department of the Treasury

Start Date: 2010-10-01

End Date: 2012-12-31

Contract Duration: 822 days

Daily Burn Rate: $48.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 7

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: EXERCISE CLIN 002 - BASE PERIOD MANAGED 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 $40.2 million to BAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC. for work described as: EXERCISE CLIN 002 - BASE PERIOD MANAGED SERVICES Key points: 1. Contract value of $40.2M for IT managed services. 2. BAE Systems Technology Solutions & Services Inc. is the sole awardee. 3. Competition was full and open, suggesting potential for competitive pricing. 4. The sector is IT, specifically Computer Facilities Management Services.

Value Assessment

Rating: good

The contract value of $40.2M appears reasonable for a 2-year period covering managed IT services. Benchmarking against similar contracts for facilities management services would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which typically drives competitive pricing and ensures the government receives best value. The award to BAE Systems indicates they were the most advantageous offer.

Taxpayer Impact: Taxpayer funds are being used for essential IT infrastructure management, with the competitive award process aiming to ensure efficient use of these funds.

Public Impact

Ensures continuity of critical IT operations for the Department of the Treasury. Supports the agency's mission by providing reliable computer facilities management. The competitive award process aims to deliver value for taxpayer money.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the IT sector, specifically Computer Facilities Management Services. Spending in this area is crucial for government operations, and benchmarks vary widely based on scope and duration.

Small Business Impact

The data indicates this contract was not awarded to small businesses, as 'sb' is false. Further analysis would be needed to determine if small business participation was sought or achieved through subcontracting.

Oversight & Accountability

The award process under 'full and open competition' suggests adherence to standard procurement regulations. Oversight would focus on contract performance, adherence to the firm fixed price, and any potential modifications.

Related Government Programs

Risk Flags

Tags

computer-facilities-management-services, department-of-the-treasury, dc, do, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $40.2 million to BAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC.. EXERCISE CLIN 002 - BASE PERIOD MANAGED SERVICES

Who is the contractor on this award?

The obligated recipient is BAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC..

Which agency awarded this contract?

Awarding agency: Department of the Treasury (Departmental Offices).

What is the total obligated amount?

The obligated amount is $40.2 million.

What is the period of performance?

Start: 2010-10-01. End: 2012-12-31.

What is the specific scope of 'Computer Facilities Management Services' covered under this contract?

The scope likely includes the management, maintenance, and operation of the Department of the Treasury's computer facilities. This could encompass hardware, software, network infrastructure, data center operations, and related support services to ensure system availability and performance.

How does the awarded price compare to industry benchmarks for similar managed IT services contracts?

Without specific details on the service level agreements (SLAs) and the exact scope of services, a precise comparison is difficult. However, the firm fixed price nature suggests an attempt to cap costs. Further analysis would require comparing the per-unit costs of specific services against market rates.

What mechanisms are in place to ensure the effectiveness and efficiency of BAE Systems' performance?

Effectiveness is likely monitored through performance metrics and SLAs outlined in the contract. The firm fixed price structure incentivizes efficiency. Regular performance reviews and potential penalties for non-compliance would also be key oversight mechanisms.

Industry Classification

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

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONSADP AND TELECOMMUNICATIONS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 7

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: BAE Systems PLC (UEI: 217304393)

Address: 2525 NETWORK PL, HERNDON, VA, 11

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Federally Funded Research and Development Corp, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $40,221,769

Exercised Options: $40,221,769

Current Obligation: $40,221,769

Contract Characteristics

Multi-Year Contract: Yes

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: TOS09029

IDV Type: IDC

Timeline

Start Date: 2010-10-01

Current End Date: 2012-12-31

Potential End Date: 2012-12-31 00:00:00

Last Modified: 2014-08-18

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