GSA Awards $280M Engineering Services Contract to LMI Consulting, LLC

Contract Overview

Contract Amount: $279,768,214 ($279.8M)

Contractor: LMI Consulting, LLC

Awarding Agency: General Services Administration

Start Date: 2018-09-11

End Date: 2024-03-23

Contract Duration: 2,020 days

Daily Burn Rate: $138.5K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 4

Pricing Type: COST PLUS AWARD FEE

Sector: Other

Official Description: IGF::OT::IGF APMTS AWARD

Place of Performance

Location: MCLEAN, FAIRFAX County, VIRGINIA, 22102

State: Virginia Government Spending

Plain-Language Summary

General Services Administration obligated $279.8 million to LMI CONSULTING, LLC for work described as: IGF::OT::IGF APMTS AWARD Key points: 1. Contract value of $279.8M over its period of performance. 2. Awarded under full and open competition, indicating a competitive bidding process. 3. Potential risk associated with Cost Plus Award Fee contract type. 4. Engineering Services sector, NAICS 541330, is a significant area of federal spending.

Value Assessment

Rating: good

The contract's Cost Plus Award Fee structure allows for flexibility but requires careful monitoring to ensure cost efficiency. Benchmarking against similar engineering services contracts would provide further insight into its value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Awarded through full and open competition, suggesting a robust price discovery process. The multiple delivery orders indicate ongoing needs and potentially competitive pricing over time.

Taxpayer Impact: The competitive nature of the award is positive for taxpayers, likely leading to more favorable pricing than a sole-source procurement.

Public Impact

Supports critical engineering services for federal agencies. Contract duration spans multiple years, indicating long-term government needs. Potential for follow-on work or expansion based on performance.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Cost Plus Award Fee structure can lead to cost overruns if not managed tightly.
Lack of specific performance metrics in the provided data makes it hard to assess effectiveness.
No indication of small business participation.

Positive Signals

Awarded under full and open competition.
Contract has been active for a significant period, suggesting sustained demand.
Managed by GSA, a reputable contracting agency.

Sector Analysis

This contract falls within the Engineering Services sector, a critical area for federal infrastructure and project management. Spending in this sector is substantial, and competitive awards are crucial for fiscal responsibility.

Small Business Impact

The provided data indicates that this contract was not awarded to a small business. Further analysis would be needed to determine if small business subcontracting opportunities were pursued or mandated.

Oversight & Accountability

The General Services Administration (GSA) is responsible for overseeing this contract. The multiple delivery orders suggest ongoing oversight and management of the contract's performance and costs.

Related Government Programs

Engineering Services
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Cost Plus Award Fee structure.
No explicit small business participation noted.
Limited detail on specific services and performance metrics.
Long contract duration could present evolving risk factors.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $279.8 million to LMI CONSULTING, LLC. IGF::OT::IGF APMTS AWARD

Who is the contractor on this award?

The obligated recipient is LMI CONSULTING, LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $279.8 million.

What is the period of performance?

Start: 2018-09-11. End: 2024-03-23.

What specific engineering services are being provided under this contract, and how do they align with agency mission needs?

The contract is for Engineering Services (NAICS 541330). While the exact services aren't detailed, they likely encompass a broad range of technical expertise required by federal agencies for project design, analysis, and implementation. Alignment with mission needs would depend on the specific task orders issued by the contracting agency.

What are the key performance indicators (KPIs) for this Cost Plus Award Fee contract, and how is LMI Consulting, LLC's performance being measured against them?

Specific KPIs are not detailed in the provided data. For a Cost Plus Award Fee contract, KPIs typically relate to project milestones, quality of deliverables, cost control, and adherence to schedules. The 'Award Fee' component suggests that contractor performance is evaluated against these metrics to determine incentive fees.

How does the total contract value of $279.8 million compare to benchmarks for similar engineering services contracts awarded by the federal government?

Without specific details on the scope and duration of services, a direct benchmark comparison is challenging. However, $279.8 million represents a significant investment. Comparing it to other large-scale engineering services contracts awarded by agencies like the Department of Defense or Department of Transportation would provide context on its relative size and potential value.

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

Offers Received: 4

Pricing Type: COST PLUS AWARD FEE (R)

Evaluated Preference: NONE

Contractor Details

Address: 7940 JONES BRANCH DR, TYSONS CORNER, VA, 22102

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

Financial Breakdown

Contract Ceiling: $329,609,166

Exercised Options: $329,609,166

Current Obligation: $279,768,214

Actual Outlays: $-894,210

Subaward Activity

Number of Subawards: 1

Total Subaward Amount: $859,722

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS00Q14OADU141

IDV Type: IDC

Timeline