GSA Awards $10M+ Contract for ESRS/FSRS Support to Symplicity Corporation

Contract Overview

Contract Amount: $10,028,795 ($10.0M)

Contractor: Symplicity Corporation

Awarding Agency: General Services Administration

Start Date: 2022-04-01

End Date: 2026-02-28

Contract Duration: 1,429 days

Daily Burn Rate: $7.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: ESRS AND FSRS SUPPORT

Place of Performance

Location: CHICAGO, COOK County, ILLINOIS, 60604

State: Illinois Government Spending

Plain-Language Summary

General Services Administration obligated $10.0 million to SYMPLICITY CORPORATION for work described as: ESRS AND FSRS SUPPORT Key points: 1. Contract value exceeds $10 million over its term. 2. Symplicity Corporation is the sole awardee. 3. Potential risks include vendor lock-in and limited competition. 4. Spending falls within the 'Other Computer Related Services' category.

Value Assessment

Rating: fair

The contract value of $10M+ for ESRS/FSRS support appears substantial. Benchmarking against similar IT support contracts is necessary to assess if the pricing is competitive, especially given the duration.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. However, the specific details of the price discovery mechanism are not provided, making it difficult to fully assess its effectiveness.

Taxpayer Impact: Taxpayer funds are being utilized for essential federal systems support. The effectiveness of the competition process will determine the value for money achieved.

Public Impact

Ensures continued operation of critical federal systems (ESRS/FSRS). Supports federal agencies' compliance and reporting requirements. Potential impact on federal workforce productivity through system availability.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited vendor options post-award.
Potential for cost overruns if scope expands.
Dependence on a single vendor for critical support.

Positive Signals

Awarded through full and open competition.
Supports essential government functions.
Firm Fixed Price contract type can provide cost certainty.

Sector Analysis

This contract falls under 'Other Computer Related Services,' a broad category within the IT sector. Spending benchmarks for similar support services would typically vary based on complexity and duration, but $10M+ indicates a significant engagement.

Small Business Impact

The data indicates this contract was not set aside for small businesses and the awardee, Symplicity Corporation, is likely a larger entity. There is no explicit indication of small business subcontracting opportunities within this award.

Oversight & Accountability

Oversight will be crucial to ensure Symplicity Corporation meets performance requirements and delivers value for taxpayer money. The General Services Administration (GSA) is responsible for managing this contract.

Related Government Programs

Other Computer Related Services
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Potential for vendor lock-in.
Limited visibility into detailed cost breakdowns.
Dependence on a single provider for critical systems.
Risk of scope creep leading to cost overruns.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $10.0 million to SYMPLICITY CORPORATION. ESRS AND FSRS SUPPORT

Who is the contractor on this award?

The obligated recipient is SYMPLICITY CORPORATION.

Which agency awarded this contract?

Awarding agency: General Services Administration (Federal Acquisition Service).

What is the total obligated amount?

The obligated amount is $10.0 million.

What is the period of performance?

Start: 2022-04-01. End: 2026-02-28.

What specific services are included under 'ESRS AND FSRS SUPPORT' and how do they align with agency needs?

ESRS (Enterprise Service Reporting Capability) and FSRS (Federal Financial System Reporting) are critical for federal agencies to track and report financial data and performance metrics. This support likely encompasses maintenance, upgrades, user support, and potentially development for these systems, ensuring agencies can meet statutory and regulatory reporting obligations.

What is the rationale behind the specific duration and value of this contract, and how does it compare to industry standards?

The contract duration of approximately 4 years (1429 days) and a value exceeding $10 million suggest a long-term, comprehensive support requirement. Without specific service details, direct comparison is difficult, but such contracts typically cover extensive system maintenance, operational support, and potential enhancements for critical federal IT infrastructure.

How will the effectiveness of Symplicity Corporation's support be measured and ensured throughout the contract period?

Effectiveness will likely be measured through performance metrics outlined in the contract's Performance Work Statement (PWS), such as system uptime, response times for support requests, and successful completion of maintenance tasks. Regular reviews and reporting by GSA will ensure accountability and adherence to service levels.

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 - IT MANAGEMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 47QDCA22Q0002

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Contractor Details

Parent Company: Boosted Commerce Inc.

Address: 3003 WASHINGTON BLVD STE 900, ARLINGTON, VA, 22201

Business Categories: 8(a) Program Participant, Category Business, Self-Certified Small Disadvantaged Business, Small Business, Small Disadvantaged Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $13,723,541

Exercised Options: $13,531,860

Current Obligation: $10,028,795

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS35F0440M

IDV Type: FSS

Timeline