VA awards $2.69M for BMC Software Licenses and Maintenance to Regan Technologies Corp
Contract Overview
Contract Amount: $2,692,550 ($2.7M)
Contractor: Regan Technologies Corp
Awarding Agency: Department of Veterans Affairs
Start Date: 2024-02-07
End Date: 2025-12-22
Contract Duration: 684 days
Daily Burn Rate: $3.9K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: BMC SOFTWARE LICENSES AND MAINTENANCE
Place of Performance
Location: AUSTIN, TRAVIS County, TEXAS, 78772
State: Texas Government Spending
Plain-Language Summary
Department of Veterans Affairs obligated $2.7 million to REGAN TECHNOLOGIES CORP for work described as: BMC SOFTWARE LICENSES AND MAINTENANCE Key points: 1. Contract awarded to Regan Technologies Corp for BMC software. 2. Spending is for licenses and maintenance, a common IT need. 3. The contract value is $2.69 million over 684 days. 4. Competition was full and open after exclusion of sources.
Value Assessment
Rating: fair
The contract value of $2.69 million for BMC software licenses and maintenance appears reasonable given the duration and the nature of enterprise software. Benchmarking against similar multi-year software maintenance contracts would provide a clearer picture of value.
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: Taxpayers benefit from a competitive bidding process that aims to secure the best price for essential software licenses and maintenance.
Public Impact
Ensures continued operation of critical BMC software for VA systems. Supports IT infrastructure for the Department of Veterans Affairs. Potential for cost savings through competitive procurement.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for vendor lock-in with specialized software.
- Reliance on a single vendor for critical software maintenance.
Positive Signals
- Competitive award process.
- Long-term contract provides budget stability.
Sector Analysis
This contract falls within the IT sector, specifically for software licensing and maintenance. Spending on enterprise software like BMC is common across government agencies to support operations. Benchmarks for similar contracts vary widely based on software type and user base.
Small Business Impact
The data does not indicate if small businesses were involved in this specific contract award. Further analysis would be needed to determine small business participation.
Oversight & Accountability
The Department of Veterans Affairs is responsible for overseeing this contract. Standard procurement regulations and contract management practices should ensure accountability and proper execution.
Related Government Programs
- Other Computer Related Services
- Department of Veterans Affairs Contracting
- Department of Veterans Affairs Programs
Risk Flags
- Potential for price increases in future renewals.
- Dependence on a single software vendor.
- Risk of scope creep if additional modules are added.
- Cybersecurity risks associated with software vulnerabilities.
Tags
other-computer-related-services, department-of-veterans-affairs, tx, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Veterans Affairs awarded $2.7 million to REGAN TECHNOLOGIES CORP. BMC SOFTWARE LICENSES AND MAINTENANCE
Who is the contractor on this award?
The obligated recipient is REGAN TECHNOLOGIES CORP.
Which agency awarded this contract?
Awarding agency: Department of Veterans Affairs (Department of Veterans Affairs).
What is the total obligated amount?
The obligated amount is $2.7 million.
What is the period of performance?
Start: 2024-02-07. End: 2025-12-22.
Is the pricing competitive compared to other government agencies or commercial entities for similar BMC software licenses and maintenance?
A comprehensive price comparison is difficult without specific details on the BMC software modules, user counts, and support levels. However, the 'full and open competition after exclusion of sources' suggests a competitive process was intended to achieve fair pricing. Further analysis would involve benchmarking against GSA schedules or other agency contracts for comparable BMC agreements.
What is the risk of vendor lock-in and how is it being mitigated?
BMC software can present a vendor lock-in risk due to its specialized nature. Mitigation strategies might include periodic re-competition, exploring alternative software solutions during the contract period, or negotiating favorable terms that allow for easier transition if needed. The VA should actively monitor market alternatives.
How effectively does this contract support the VA's mission and operational needs?
This contract directly supports the VA's operational needs by ensuring the availability of essential BMC software, likely used for IT service management, operations, or other critical functions. Continued access to these tools is vital for maintaining IT infrastructure and supporting the VA's broader mission of serving veterans.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Other Computer Related Services
Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS › IT AND TELECOM - APLLICATIONS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 515 CENTERPOINT DR STE 115, MIDDLETOWN, CT, 06457
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business
Financial Breakdown
Contract Ceiling: $4,445,572
Exercised Options: $2,692,550
Current Obligation: $2,692,550
Actual Outlays: $2,692,550
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: NNG15SD39B
IDV Type: GWAC
Timeline
Start Date: 2024-02-07
Current End Date: 2025-12-22
Potential End Date: 2025-12-22 00:00:00
Last Modified: 2026-02-23
More Contracts from Regan Technologies Corp
- Nasa Sewp V Gwac Order for Supporting Technologies: IT Hardware and Warranty Support Services for Single Function Device and Multi-Function Device Printers, Barcode Printers, Document Scanners, Monitors, Peripherals, and Ancillary Commodities — $95.8M (Department of Veterans Affairs)
- Microsoft Licenses (base) — $31.6M (General Services Administration)
- This IS a Formal Fair Opportunity Proposal Request (fopr) for Microsoft Unified Support Services in Support of the Department of the AIR Force Enterprise — $28.0M (Department of Defense)
- Microsoft Enterprise License Agreement (ELA) Software — $23.6M (Department of the Interior)
- THE Purpose of This Order IS to Establish a NEW Microsoft Order for AU — $18.4M (Department of Energy)
Other Department of Veterans Affairs Contracts
- CCN Region 3 Express Report — $5.2B (Optum Public Sector Solutions, Inc.)
- Express Report for FY22 Region 2 — $5.1B (Optum Public Sector Solutions, Inc.)
- Fiscal Year 2022 Express Report for Region 1 — $4.2B (Optum Public Sector Solutions, Inc.)
- Express Report for the Patient Centered Community Care (PC3) Contract — $3.3B (Triwest Healthcare Alliance Corp)
- CCN Region Three FY21 Express Report — $3.1B (Optum Public Sector Solutions, Inc.)