GSA awards $6.4M contract for USUHS financial and audit support to 11th Hour Search LLC

Contract Overview

Contract Amount: $6,445,406 ($6.4M)

Contractor: 11TH Hour Search LLC

Awarding Agency: General Services Administration

Start Date: 2023-08-11

End Date: 2026-05-04

Contract Duration: 997 days

Daily Burn Rate: $6.5K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: USUHS FINANCIAL AND AUDIT SUPPORT

Place of Performance

Location: BETHESDA, MONTGOMERY County, MARYLAND, 20814

State: Maryland Government Spending

Plain-Language Summary

General Services Administration obligated $6.4 million to 11TH HOUR SEARCH LLC for work described as: USUHS FINANCIAL AND AUDIT SUPPORT Key points: 1. Contract focuses on administrative management and general management consulting services. 2. Awarded under full and open competition, indicating a broad search for qualified vendors. 3. The contract duration of 997 days suggests a need for sustained support. 4. Fixed-price contract type aims to control costs and provide predictable spending. 5. The contract is a delivery order, likely part of a larger indefinite-delivery/indefinite-quantity (IDIQ) vehicle. 6. The base contract value is approximately $6.4 million, with potential for growth. 7. The contractor, 11th Hour Search LLC, is relatively new to federal contracting based on available data.

Value Assessment

Rating: fair

The contract value of $6.4 million for financial and audit support services appears reasonable for a multi-year engagement. Benchmarking against similar contracts for administrative management consulting services is challenging without more specific details on the scope of work. However, the firm fixed-price structure suggests an effort to manage costs effectively. The contract's base value of $6.4 million over nearly three years implies an average annual spend of approximately $2.2 million, which falls within a typical range for specialized consulting services.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This contract was awarded under full and open competition, meaning that all responsible sources were permitted to submit a bid. The presence of 3 bids indicates a moderate level of competition for this specific delivery order. While full and open competition is generally preferred for maximizing value, the number of bidders can vary significantly based on the specialized nature of the services and the size of the contract.

Taxpayer Impact: Full and open competition is beneficial for taxpayers as it encourages multiple companies to offer their best pricing and services, potentially leading to cost savings and higher quality outcomes compared to less competitive procurement methods.

Public Impact

The Uniformed Services University of the Health Sciences (USUHS) will benefit from enhanced financial and audit support. Services delivered will likely include financial management, auditing, and consulting to improve operational efficiency. The contract is geographically focused on Maryland (MD), where USUHS is located. The contract supports the administrative functions of a key health sciences university within the Department of Defense.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited public information on the contractor's past performance and capacity for a contract of this size.
The specific deliverables and performance metrics are not detailed in the provided data, making it difficult to assess performance risks.
Potential for scope creep if the requirements are not clearly defined and managed throughout the contract lifecycle.

Positive Signals

Awarded through full and open competition, suggesting a competitive process that should yield fair pricing.
Firm fixed-price contract type helps to mitigate cost overrun risks for the government.
The contract is a delivery order, which implies it is part of a pre-competed IDIQ contract, potentially indicating a streamlined process.

Sector Analysis

This contract falls within the professional, scientific, and technical services sector, specifically administrative management and general management consulting. This sector is crucial for government operations, providing expertise in areas like financial management, strategic planning, and operational efficiency. The market for these services is competitive, with numerous firms offering specialized support. The value of this contract, approximately $6.4 million over 997 days, is moderate within the broader federal consulting landscape.

Small Business Impact

The provided data indicates that small business set-aside was not utilized for this contract (ss: false, sb: false). Therefore, there are no direct subcontracting implications or specific benefits for small businesses stemming from a set-aside provision. However, the prime contractor, 11th Hour Search LLC, may itself be a small business, though this cannot be confirmed from the data provided. Further analysis would be needed to determine if subcontracting opportunities exist for small businesses.

Oversight & Accountability

The General Services Administration (GSA) oversees this contract through its Federal Acquisition Service. Oversight mechanisms typically include contract administration, performance monitoring, and compliance checks. As a firm fixed-price contract awarded under full and open competition, there is an expectation of defined deliverables and accountability. Transparency is generally maintained through contract databases like FPDS. Inspector General jurisdiction would apply in cases of fraud, waste, or abuse.

Related Government Programs

USUHS Financial Management
DoD Audit Support Services
Management and Consulting Services
Federal Financial Audit Support Contracts

Risk Flags

Contractor Performance Risk
Scope Definition Risk
Budget Adherence Risk

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $6.4 million to 11TH HOUR SEARCH LLC. USUHS FINANCIAL AND AUDIT SUPPORT

Who is the contractor on this award?

The obligated recipient is 11TH HOUR SEARCH LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $6.4 million.

What is the period of performance?

Start: 2023-08-11. End: 2026-05-04.

What is the track record of 11th Hour Search LLC in performing federal contracts, particularly those of similar size and scope?

Based on the provided data, 11th Hour Search LLC is the contractor for this $6.4 million USUHS Financial and Audit Support contract. Information regarding their specific track record, past performance on similar federal contracts, and client satisfaction is not detailed in the initial data points. Further investigation into federal procurement databases (e.g., SAM.gov, FPDS) and past performance reviews would be necessary to fully assess their experience and reliability in delivering complex financial and audit support services. The fact that this is a delivery order suggests it might be one of their initial engagements under a larger IDIQ vehicle, or a significant standalone award.

How does the pricing of this contract compare to similar financial and audit support services procured by the government?

The contract is a firm fixed-price award valued at approximately $6.4 million over 997 days. This pricing structure aims to provide cost certainty. A direct comparison of pricing requires detailed knowledge of the specific services rendered, the labor categories involved, and the prevailing market rates for similar expertise. Without a detailed breakdown of the scope of work and the contractor's proposed pricing structure (e.g., labor rates, overhead), it is difficult to definitively benchmark this contract's value against market rates. However, the award through full and open competition with 3 bidders suggests a degree of market validation.

What are the primary risks associated with this contract, and what mitigation strategies are in place?

Key risks include potential performance issues if the contractor lacks sufficient expertise or resources, scope creep if requirements are not well-defined, and potential delays in service delivery. Mitigation strategies are inherent in the contract type and competition. The firm fixed-price nature incentivizes the contractor to manage costs and deliver within budget. Full and open competition with 3 bidders suggests a selection process that should favor capable vendors. The government's contract administration and oversight functions are critical for monitoring performance, managing scope, and addressing any emerging issues proactively throughout the contract's duration.

How effective is the competition level (3 bidders) in ensuring optimal value for taxpayers on this contract?

Having 3 bidders for this contract indicates a moderate level of competition. While more bidders generally lead to greater price pressure and potentially better value, 3 bidders suggest that the opportunity was attractive enough to elicit interest from multiple qualified firms. This level of competition is often sufficient to drive competitive pricing and encourage firms to offer their best technical solutions. It strikes a balance between ensuring a competitive environment and avoiding an overly burdensome solicitation process for a contract of this magnitude and specialization.

What is the historical spending pattern for financial and audit support services at USUHS or within the GSA's Federal Acquisition Service?

Historical spending data for financial and audit support services at USUHS or within GSA's FAS is not provided in the initial data. To analyze historical patterns, one would need to examine past contract awards for similar services to USUHS or other entities managed by GSA. This would involve looking at contract values, durations, awardees, and procurement methods over several fiscal years. Such an analysis could reveal trends in spending, identify key contractors, and provide context for the current $6.4 million award, helping to determine if it represents an increase, decrease, or stable level of investment in these services.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Management, Scientific, and Technical Consulting Services › Administrative 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

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 47QFDA23Q0048

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 3110 FAIRVIEW PARK DR, FALLS CHURCH, VA, 22042

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $11,849,908

Exercised Options: $6,463,406

Current Obligation: $6,445,406

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS10F098CA

IDV Type: FSS

Timeline