VA awards $2.2M contract for compliance, risk, and remediation support to Advanced Management Strategies Group

Contract Overview

Contract Amount: $2,201,343 ($2.2M)

Contractor: Advanced Management Strategies Group, Inc.

Awarding Agency: Department of Veterans Affairs

Start Date: 2024-03-14

End Date: 2027-04-30

Contract Duration: 1,142 days

Daily Burn Rate: $1.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 7

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: ACQUISITION, BUDGET AND CONTRACT MANAGEMENT SUPPORT FOR VA'S COMPLIANCE, RISK AND REMEDIATION BUSINESS OFFICE

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20420

State: District of Columbia Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $2.2 million to ADVANCED MANAGEMENT STRATEGIES GROUP, INC. for work described as: ACQUISITION, BUDGET AND CONTRACT MANAGEMENT SUPPORT FOR VA'S COMPLIANCE, RISK AND REMEDIATION BUSINESS OFFICE Key points: 1. Contract focuses on critical compliance, risk, and remediation functions within the VA. 2. Advanced Management Strategies Group, Inc. is the sole awardee. 3. The contract duration extends over three years, indicating a need for sustained support. 4. The award is a delivery order under a larger contract vehicle. 5. The contract type is Firm Fixed Price, which sets a clear cost expectation. 6. The contract is for Engineering Services, aligning with the NAICS code provided.

Value Assessment

Rating: fair

The contract value of $2.2 million over approximately three years appears reasonable for specialized compliance and risk management support. Benchmarking against similar contracts for management and technical consulting services within federal agencies would provide a clearer picture of value for money. The firm fixed-price structure offers cost certainty, but the absence of detailed performance metrics makes a definitive value assessment challenging without further context on deliverables and expected outcomes.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting that multiple vendors had the opportunity to bid. With seven bidders, the competition level appears adequate, which typically leads to better price discovery and potentially more favorable terms for the government. The specific details of the bidding process and the evaluation criteria would further illuminate the effectiveness of the competition.

Taxpayer Impact: A competitive bidding process for this contract helps ensure that taxpayer funds are used efficiently by driving down costs and encouraging high-quality service delivery.

Public Impact

The Department of Veterans Affairs benefits from enhanced compliance, risk management, and remediation capabilities. Veterans may indirectly benefit from improved operational efficiency and adherence to regulations within the VA. The services delivered are crucial for maintaining the integrity and effectiveness of VA programs. The primary geographic impact is within the District of Columbia, where the contractor is located and likely where services will be primarily rendered or managed. The contract supports specialized professional services, potentially impacting a small team of highly skilled individuals.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of specific performance metrics makes it difficult to assess the contractor's performance trajectory.
The duration of the contract suggests a long-term reliance, which could pose a risk if performance issues arise.
The absence of detailed deliverables in the provided data limits the ability to gauge the full scope of work and potential challenges.

Positive Signals

Awarded under full and open competition indicates a robust selection process.
Firm Fixed Price contract type provides cost predictability for the government.
The contract is for a defined period, allowing for periodic review and potential re-competition.

Sector Analysis

This contract falls within the professional, scientific, and technical services sector, specifically engineering services. The market for such services supporting federal agencies, particularly in areas like compliance and risk management, is substantial. Comparable spending benchmarks would involve analyzing other contracts for similar support functions across various federal departments, considering the specialized nature of VA's compliance and remediation needs.

Small Business Impact

The data indicates that this contract was not set aside for small businesses, and there is no explicit mention of subcontracting requirements for small businesses. Therefore, the direct impact on the small business ecosystem appears minimal for this specific award. Further investigation into the prime contractor's subcontracting plan would be necessary to determine any indirect effects.

Oversight & Accountability

Oversight for this contract would typically reside with the contracting officer and program managers within the VA's Compliance, Risk and Remediation Business Office. Accountability measures are inherent in the firm fixed-price contract type, requiring the contractor to deliver specified services within the agreed budget. Transparency is facilitated by the contract award data being publicly available, though detailed performance reports and internal oversight processes are not publicly disclosed.

Related Government Programs

VA IT Support Services
Federal Compliance Consulting
Risk Management Services
Government Contract Management Support
Engineering Services Contracts

Risk Flags

Contract duration may indicate long-term reliance.
Performance metrics not detailed, making outcome assessment difficult.
Scope of work details are limited in the provided data.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $2.2 million to ADVANCED MANAGEMENT STRATEGIES GROUP, INC.. ACQUISITION, BUDGET AND CONTRACT MANAGEMENT SUPPORT FOR VA'S COMPLIANCE, RISK AND REMEDIATION BUSINESS OFFICE

Who is the contractor on this award?

The obligated recipient is ADVANCED MANAGEMENT STRATEGIES GROUP, INC..

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 $2.2 million.

What is the period of performance?

Start: 2024-03-14. End: 2027-04-30.

What is the track record of Advanced Management Strategies Group, Inc. with the Department of Veterans Affairs and other federal agencies?

A review of federal procurement data indicates that Advanced Management Strategies Group, Inc. (AMSG) has a history of receiving contracts from various federal agencies, including the Department of Veterans Affairs. Their contract portfolio often includes support services related to management, strategy, and technical consulting. To fully assess their track record, a deeper dive into past performance evaluations, any past performance issues or disputes, and the specific nature of their previous work with the VA would be necessary. This would help determine their reliability and expertise in delivering services similar to those required for compliance, risk, and remediation.

How does the $2.2 million contract value compare to similar VA contracts for compliance and risk management support?

The $2.2 million contract value for approximately three years of support for compliance, risk, and remediation functions is a moderate-sized award within the federal contracting landscape. To benchmark this effectively, one would need to compare it against other VA contracts awarded for similar services, considering factors like the scope of work, duration, and the specific expertise required. For instance, contracts for broader IT modernization or large-scale program management might be significantly larger, while smaller, more specialized consulting engagements could be of similar or lesser value. Without access to a detailed database of comparable VA contracts, a precise value-for-money assessment is difficult, but it appears to be within a reasonable range for specialized professional services.

What are the key performance indicators (KPIs) or deliverables expected under this contract, and how will they be measured?

The provided data does not specify the key performance indicators (KPIs) or detailed deliverables for this contract. Typically, contracts for compliance, risk, and remediation support would include objectives such as the development of risk assessment frameworks, implementation of compliance monitoring tools, remediation plan execution, and regular reporting on findings and progress. Measurement would likely involve adherence to timelines, quality of reports and analyses, successful implementation of recommended actions, and achievement of specific compliance targets. A thorough review of the Statement of Work (SOW) or Performance Work Statement (PWS) associated with this delivery order would be required to ascertain these details.

What is the potential impact of this contract on the VA's ability to manage risks and ensure compliance?

This contract is directly aimed at enhancing the VA's capabilities in managing compliance, identifying and mitigating risks, and executing remediation efforts. By engaging Advanced Management Strategies Group, Inc., the VA seeks to leverage external expertise to strengthen these critical functions. The successful execution of this contract should lead to more robust risk management frameworks, improved adherence to regulatory requirements, and more effective resolution of identified issues. This, in turn, can contribute to greater operational efficiency, reduced potential for penalties or legal challenges, and ultimately, better service delivery to veterans.

How has the VA's spending on compliance, risk, and remediation support evolved over the past few fiscal years?

Analyzing the VA's historical spending on compliance, risk, and remediation support requires access to detailed budget and contract databases over multiple fiscal years. This specific contract represents a portion of that spending for FY2024-FY2027. General trends in federal spending often show an increasing emphasis on cybersecurity, data privacy, and regulatory compliance across all agencies, including the VA, due to evolving threats and a complex regulatory environment. Therefore, it is plausible that spending in these areas has seen a steady or increasing trend. A comprehensive analysis would involve aggregating data on all contracts awarded for similar services by the VA over several years.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Architectural, Engineering, and Related Services › Engineering Services

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 36C10B24R0009

Offers Received: 7

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Advanced Management Strategies Group Inc.

Address: 3800 FETTLER PARK DR STE 201, DUMFRIES, VA, 22025

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Service Disabled Veteran Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $3,740,034

Exercised Options: $2,201,343

Current Obligation: $2,201,343

Actual Outlays: $1,296,523

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: GS00F024CA

IDV Type: FSS

Timeline