GSA's $10.4M Real Estate Exchange Services Contract Awarded to Horizon Industries, Limited
Contract Overview
Contract Amount: $10,429,982 ($10.4M)
Contractor: Horizon Industries, Limited
Awarding Agency: General Services Administration
Start Date: 2022-02-22
End Date: 2026-09-02
Contract Duration: 1,653 days
Daily Burn Rate: $6.3K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 3
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: GSA REAL ESTATE EXCHANGE SERVICES
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20405
Plain-Language Summary
General Services Administration obligated $10.4 million to HORIZON INDUSTRIES, LIMITED for work described as: GSA REAL ESTATE EXCHANGE SERVICES Key points: 1. Contract value of $10.4M over 4 years. 2. Awarded under full and open competition. 3. Potential risk in custom computer programming services for real estate. 4. IT sector spending benchmark analysis needed.
Value Assessment
Rating: fair
The contract value of $10.4M for custom computer programming services appears reasonable given the 4-year duration. However, without specific details on the services provided, a direct pricing comparison to similar GSA contracts is difficult.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded through full and open competition, suggesting a robust price discovery process. This method generally leads to competitive pricing.
Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by securing the best value.
Public Impact
Impacts GSA's ability to manage real estate transactions efficiently. Supports federal agencies' real estate needs. Potential for improved digital services in real estate management.
Waste & Efficiency Indicators
Waste Risk Score: 63 / 10
Warning Flags
- Custom programming for real estate may have niche requirements.
- Vendor lock-in risk if proprietary solutions are developed.
Positive Signals
- Full and open competition promotes value.
- Long-term contract provides stability.
Sector Analysis
This contract falls within the IT sector, specifically custom computer programming services. Federal IT spending benchmarks vary widely by service type, but this contract's value is moderate for a multi-year engagement.
Small Business Impact
The contract data indicates that small businesses were not a direct awardee, nor is there an indication of subcontracting goals. Further analysis is needed to determine if small businesses had an opportunity to participate.
Oversight & Accountability
The General Services Administration (GSA) is responsible for overseeing this contract. Standard GSA oversight mechanisms should be in place to ensure performance and accountability.
Related Government Programs
- Custom Computer Programming Services
- General Services Administration Contracting
- Office of Administrative Services Programs
Risk Flags
- Lack of detailed service description.
- Potential for vendor lock-in.
- No explicit small business participation noted.
- Integration challenges with existing systems.
Tags
custom-computer-programming-services, general-services-administration, dc, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
General Services Administration awarded $10.4 million to HORIZON INDUSTRIES, LIMITED. GSA REAL ESTATE EXCHANGE SERVICES
Who is the contractor on this award?
The obligated recipient is HORIZON INDUSTRIES, LIMITED.
Which agency awarded this contract?
Awarding agency: General Services Administration (Office of Administrative Services).
What is the total obligated amount?
The obligated amount is $10.4 million.
What is the period of performance?
Start: 2022-02-22. End: 2026-09-02.
What specific custom computer programming services are being provided under this contract, and how do they align with GSA's real estate exchange objectives?
The contract specifies 'Custom Computer Programming Services' (NAICS 541511). These services likely involve developing or maintaining software solutions to support GSA's real estate exchange operations, potentially including platforms for property listings, transaction management, or data analytics. The alignment with objectives would depend on the specific functionalities developed and their contribution to streamlining real estate processes and improving data accessibility for federal agencies.
What are the potential risks associated with using custom programming for real estate exchange services, and how are they being mitigated?
Risks include vendor lock-in if proprietary software is developed, potential cost overruns if requirements are not well-defined, and challenges in integrating custom solutions with existing GSA systems. Mitigation strategies could involve clear performance metrics, phased development, robust testing, and ensuring data portability and interoperability standards are met throughout the contract lifecycle.
How does the pricing structure (Firm Fixed Price) ensure cost-effectiveness and value for taxpayer money over the contract's duration?
A Firm Fixed Price (FFP) contract shifts the risk of cost overruns to the contractor, incentivizing them to manage costs efficiently. For GSA, this provides budget certainty. However, for custom programming, FFP can be challenging if scope creep occurs. Effective management requires a well-defined initial scope and a change control process to manage any necessary modifications to ensure continued value.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Custom Computer Programming Services
Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS › IT AND TELECOM - APLLICATIONS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: 47HAA021Q0146
Offers Received: 3
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 8245 BOONE BLVD STE 300, VIENNA, VA, 22182
Business Categories: Asian Pacific American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $27,420,451
Exercised Options: $10,429,982
Current Obligation: $10,429,982
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: 47QTCA19D0032
IDV Type: FSS
Timeline
Start Date: 2022-02-22
Current End Date: 2026-09-02
Potential End Date: 2027-03-02 00:00:00
Last Modified: 2026-04-06
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