VA Awards $2.2M Contract for Insurance Identification and Verification Services to PNT DATA CORP
Contract Overview
Contract Amount: $2,194,593 ($2.2M)
Contractor: PNT Data Corp
Awarding Agency: Department of Veterans Affairs
Start Date: 2024-12-20
End Date: 2025-11-30
Contract Duration: 345 days
Daily Burn Rate: $6.4K/day
Competition Type: FULL AND OPEN COMPETITION
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: EO14042 INSURANCE IDENTIFICATION AND VERIFICATION
Place of Performance
Location: SAINT LOUIS, SAINT LOUIS County, MISSOURI, 63125
State: Missouri Government Spending
Plain-Language Summary
Department of Veterans Affairs obligated $2.2 million to PNT DATA CORP for work described as: EO14042 INSURANCE IDENTIFICATION AND VERIFICATION Key points: 1. Contract awarded to PNT DATA CORP for $2.19M. 2. Services fall under Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services. 3. Full and open competition was utilized. 4. The contract has a duration of 345 days. 5. This award represents a small portion of the overall federal IT spending.
Value Assessment
Rating: good
The contract's fixed price structure suggests a clear understanding of costs. Benchmarking against similar IT infrastructure and data processing contracts would provide further insight into its value.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The use of full and open competition is a positive indicator for price discovery. This method allows multiple vendors to bid, potentially driving down costs and ensuring fair market pricing.
Taxpayer Impact: The competitive nature of the award is likely to result in a fair price for taxpayers, avoiding potential overpayment associated with less competitive methods.
Public Impact
Ensures continuity of essential insurance identification and verification services for veterans. Supports the Department of Veterans Affairs' mission by maintaining critical data processing capabilities. The contract's duration suggests a need for ongoing, reliable service delivery.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for vendor lock-in if services are highly specialized.
- Reliance on a single vendor for critical data processing.
Positive Signals
- Awarded through full and open competition.
- Firm fixed price contract provides cost certainty.
- Clear end date for service delivery.
Sector Analysis
This contract falls within the IT sector, specifically data processing and web hosting. Federal spending in this area is substantial, with agencies continually investing in infrastructure to support digital services and data management.
Small Business Impact
The provided data does not indicate whether small businesses were involved in this specific contract award. Further analysis would be needed to determine the extent of small business participation.
Oversight & Accountability
The Department of Veterans Affairs is responsible for oversight of this contract. Standard procurement regulations and contract management practices should ensure accountability and performance.
Related Government Programs
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
- Department of Veterans Affairs Contracting
- Department of Veterans Affairs Programs
Risk Flags
- Contract duration is relatively short (less than 1.5 years).
- No indication of small business subcontracting.
- Specific performance metrics are not detailed in the provided data.
- Potential for increased costs upon re-competition if market conditions change.
Tags
computing-infrastructure-providers-data-, department-of-veterans-affairs, mo, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Veterans Affairs awarded $2.2 million to PNT DATA CORP. EO14042 INSURANCE IDENTIFICATION AND VERIFICATION
Who is the contractor on this award?
The obligated recipient is PNT DATA 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 $2.2 million.
What is the period of performance?
Start: 2024-12-20. End: 2025-11-30.
What is the specific nature of the insurance identification and verification services provided?
The contract specifies services related to Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services. This suggests the contract supports the underlying IT infrastructure and data management necessary for the VA's insurance identification and verification processes, rather than the direct provision of insurance itself.
What are the potential risks associated with relying on PNT DATA CORP for these services?
Risks could include vendor performance issues, data security breaches, or the potential for price increases upon contract renewal if competition is limited in the future. The firm fixed price mitigates immediate cost escalation risk, but long-term dependency warrants monitoring.
How effectively does this contract support the VA's overall mission and technological goals?
By ensuring the continuity of essential data processing and hosting services, this contract directly supports the VA's ability to manage veteran insurance information. Its effectiveness hinges on PNT DATA CORP's performance and the alignment of these services with the VA's broader digital transformation and cybersecurity objectives.
Industry Classification
NAICS: Information › Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services › Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › PROFESSIONAL SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 100 ROSCOMMON DR STE 100, 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: $4,389,187
Exercised Options: $4,389,187
Current Obligation: $2,194,593
Contract Characteristics
Multi-Year Contract: Yes
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: 36C77621D0002
IDV Type: IDC
Timeline
Start Date: 2024-12-20
Current End Date: 2025-11-30
Potential End Date: 2025-11-30 00:00:00
Last Modified: 2026-03-04
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.)