GSA Awards $4.5M Digital Collaboration Contract to Falcon Capital Advisors Under Full and Open Competition

Contract Overview

Contract Amount: $4,498,792 ($4.5M)

Contractor: Falcon Capital Advisors LLC

Awarding Agency: General Services Administration

Start Date: 2021-06-29

End Date: 2025-12-28

Contract Duration: 1,643 days

Daily Burn Rate: $2.7K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: DIGITAL COLLABORATION

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20410

State: District of Columbia Government Spending

Plain-Language Summary

General Services Administration obligated $4.5 million to FALCON CAPITAL ADVISORS LLC for work described as: DIGITAL COLLABORATION Key points: 1. Contract value of $4.5M for digital collaboration services. 2. Awarded via full and open competition, indicating a competitive process. 3. Potential risk associated with a single award for a broad service category. 4. Services fall under Administrative Management and General Management Consulting. 5. Contract duration extends to December 2025.

Value Assessment

Rating: good

The contract value of $4.5M appears reasonable for digital collaboration services, especially given the full and open competition. Benchmarking against similar GSA contracts for management consulting services would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition after exclusion of sources, suggesting a robust price discovery process. This method typically leads to more competitive pricing.

Taxpayer Impact: The use of full and open competition is generally favorable for taxpayers as it aims to secure the best value through market competition.

Public Impact

Enhances government's digital collaboration capabilities. Supports administrative and management consulting needs. Potential for improved inter-agency communication and efficiency.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the professional services sector, specifically management consulting. Spending in this area is common across federal agencies to improve operational efficiency and strategic planning.

Small Business Impact

The contract was awarded to Falcon Capital Advisors LLC, a single entity. Analysis is needed to determine if small businesses were involved as subcontractors or if the competition was structured to allow for small business participation.

Oversight & Accountability

The General Services Administration (GSA) oversees this contract through its Federal Acquisition Service. Standard GSA oversight mechanisms should ensure compliance and performance.

Related Government Programs

Risk Flags

Tags

administrative-management-and-general-ma, general-services-administration, dc, definitive-contract, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $4.5 million to FALCON CAPITAL ADVISORS LLC. DIGITAL COLLABORATION

Who is the contractor on this award?

The obligated recipient is FALCON CAPITAL ADVISORS LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $4.5 million.

What is the period of performance?

Start: 2021-06-29. End: 2025-12-28.

What specific digital collaboration tools or platforms are being procured under this contract, and how do they compare to commercially available solutions in terms of features and cost-effectiveness?

The provided data does not specify the exact digital collaboration tools or platforms. Further analysis would require reviewing the contract's statement of work to understand the scope of services and compare them against industry benchmarks for features and pricing. This would help determine if the government is receiving competitive value for the services rendered.

What are the key performance indicators (KPIs) for this contract, and how will their achievement be measured to ensure effective delivery of digital collaboration services?

The contract details do not specify the key performance indicators (KPIs) or the measurement methodology. Effective oversight would involve defining clear, measurable KPIs related to service uptime, user satisfaction, and successful implementation of collaboration features. Regular performance reviews by the GSA would be crucial to ensure the contractor meets these objectives.

Given the 'Administrative Management and General Management Consulting Services' NAICS code, what is the expected impact of these digital collaboration services on overall government administrative ef

The expected impact is a modernization of government workflows, enabling more seamless communication and data sharing among personnel. This should translate to faster decision-making, improved project management, and potentially reduced operational costs through streamlined processes. The effectiveness will depend on the successful adoption and integration of the provided solutions.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesManagement, Scientific, and Technical Consulting ServicesAdministrative Management and General Management Consulting Services

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: ALTERNATIVE SOURCES

Solicitation ID: 47QFDA21R0004

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1001 G ST NW STE 460 W, WASHINGTON, DC, 20001

Business Categories: 8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, Hispanic American Owned Business, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $4,498,792

Exercised Options: $4,498,792

Current Obligation: $4,498,792

Actual Outlays: $3,993,834

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline

Start Date: 2021-06-29

Current End Date: 2025-12-28

Potential End Date: 2025-12-28 00:00:00

Last Modified: 2026-03-24

More Contracts from Falcon Capital Advisors LLC

View all Falcon Capital Advisors LLC federal contracts →

Other General Services Administration Contracts

View all General Services Administration contracts →

Explore Related Government Spending