VA awards $15.3M for Record Management Services to Access Information Management Corp

Contract Overview

Contract Amount: $15,343,060 ($15.3M)

Contractor: Access Information Management Corporation

Awarding Agency: Department of Veterans Affairs

Start Date: 2021-10-01

End Date: 2026-09-30

Contract Duration: 1,825 days

Daily Burn Rate: $8.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: RECORD MANAGEMENT SERVICES

Place of Performance

Location: WOBURN, MIDDLESEX County, MASSACHUSETTS, 01801

State: Massachusetts Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $15.3 million to ACCESS INFORMATION MANAGEMENT CORPORATION for work described as: RECORD MANAGEMENT SERVICES Key points: 1. Contract awarded to Access Information Management Corporation for $15.3 million. 2. Services are for Record Management, with a primary NAICS code of 518111. 3. The contract spans from October 1, 2021, to September 30, 2026. 4. Awarded under Full and Open Competition. 5. The contract type is Firm Fixed Price.

Value Assessment

Rating: good

The $15.3 million contract value over five years appears reasonable for comprehensive record management services. Benchmarking against similar large-scale government contracts for digital and physical record management would provide a more precise assessment of value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a robust process for soliciting bids and ensuring competitive pricing. This method generally leads to better price discovery and value for the government.

Taxpayer Impact: The competitive award process is expected to yield fair pricing, maximizing taxpayer value for essential record management services.

Public Impact

Ensures continuity of essential record management services for the Department of Veterans Affairs. Supports the VA's mission by maintaining secure and accessible records. Provides a stable contract for Access Information Management Corporation, potentially impacting its workforce and operations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

Record management services are crucial for government agencies to maintain vital information. Spending in this sector is driven by regulatory compliance, digital transformation initiatives, and the need for secure data storage and retrieval. Benchmarks vary widely based on the scope (digital vs. physical) and scale of services.

Small Business Impact

The data does not indicate if small businesses were involved as subcontractors or prime contractors in this award. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

The contract was awarded under full and open competition, suggesting a transparent process. Ongoing oversight by the Department of Veterans Affairs will be critical to ensure performance, adherence to terms, and effective management of the contract.

Related Government Programs

Risk Flags

Tags

internet-service-providers, department-of-veterans-affairs, ma, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $15.3 million to ACCESS INFORMATION MANAGEMENT CORPORATION. RECORD MANAGEMENT SERVICES

Who is the contractor on this award?

The obligated recipient is ACCESS INFORMATION MANAGEMENT CORPORATION.

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 $15.3 million.

What is the period of performance?

Start: 2021-10-01. End: 2026-09-30.

What specific record management services are included in this $15.3 million contract?

The provided data identifies the contract as being for 'RECORD MANAGEMENT SERVICES' with a primary NAICS code of 518111 (Data Processing, Hosting, and Related Services). However, the specific deliverables, such as digitization, physical storage, retrieval, destruction, or specialized archival services, are not detailed. A comprehensive understanding requires reviewing the contract's statement of work.

What are the key risks associated with this long-term record management contract?

Key risks include vendor lock-in, potential for rising costs if not managed effectively, data security breaches, and the risk of service degradation over the five-year period. Ensuring robust performance metrics, regular audits, and contingency plans for service continuity are crucial mitigation strategies.

How does this contract contribute to the VA's overall mission effectiveness?

Effective record management is fundamental to the VA's mission of serving veterans. This contract ensures the secure, accessible, and compliant storage and retrieval of critical veteran health, benefits, and administrative records. Proper management supports timely decision-making, reduces administrative burdens, and maintains the integrity of veteran data.

Industry Classification

NAICS: InformationInternet Service Providers and Web Search PortalsInternet Service Providers

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 500 UNICORN PARK DRIVE, WOBURN, MA, 01801

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $25,471,697

Exercised Options: $15,343,060

Current Obligation: $15,343,060

Actual Outlays: $12,238,658

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS25F0005P

IDV Type: FSS

Timeline

Start Date: 2021-10-01

Current End Date: 2026-09-30

Potential End Date: 2026-09-30 00:00:00

Last Modified: 2025-11-25

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