GSA Awards $8.77M for Technology Vulnerability Analysis to Dynetics, Inc. Under Full and Open Competition

Contract Overview

Contract Amount: $8,769,380 ($8.8M)

Contractor: Dynetics, Inc.

Awarding Agency: General Services Administration

Start Date: 2020-05-10

End Date: 2023-05-09

Contract Duration: 1,094 days

Daily Burn Rate: $8.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: IT

Official Description: TECHNOLOGY VULNERABILITY ANALYSIS

Place of Performance

Location: MONTEREY, MONTEREY County, CALIFORNIA, 93940

State: California Government Spending

Plain-Language Summary

General Services Administration obligated $8.8 million to DYNETICS, INC. for work described as: TECHNOLOGY VULNERABILITY ANALYSIS Key points: 1. Contract awarded to Dynetics, Inc. for technology vulnerability analysis. 2. Significant contract value of $8.77 million over 3 years. 3. Procured via full and open competition, indicating a competitive bidding process. 4. The North American Industry Classification System (NAICS) code 541330 points to Engineering Services. 5. The contract type is Cost Plus Fixed Fee (CPFF).

Value Assessment

Rating: good

The contract's Cost Plus Fixed Fee structure allows for flexibility but requires careful monitoring of costs to ensure value. Benchmarking against similar engineering services contracts is recommended to confirm pricing competitiveness.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Full and open competition was utilized, suggesting a robust price discovery process. This method typically leads to more competitive pricing as multiple vendors are encouraged to bid.

Taxpayer Impact: The competitive nature of the award is expected to yield fair pricing, maximizing taxpayer value for the critical technology vulnerability analysis services.

Public Impact

Enhances national security by identifying and mitigating technological vulnerabilities. Supports federal agencies in maintaining the integrity of their IT systems. Promotes innovation in cybersecurity and risk assessment services. Ensures government systems are protected against evolving threats.

Waste & Efficiency Indicators

Waste Risk Score: 80 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under Engineering Services (NAICS 541330), a sector crucial for national security and technological advancement. Spending in this area is often driven by complex project requirements and the need for specialized expertise.

Small Business Impact

While the contract was awarded through full and open competition, there is no specific indication of small business participation in this award. Future solicitations could explore opportunities for small business prime contractors or subcontractors.

Oversight & Accountability

The General Services Administration (GSA) managed this award, indicating established oversight mechanisms. Continued monitoring of performance and cost controls will be essential for accountability.

Related Government Programs

Risk Flags

Tags

engineering-services, general-services-administration, ca, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $8.8 million to DYNETICS, INC.. TECHNOLOGY VULNERABILITY ANALYSIS

Who is the contractor on this award?

The obligated recipient is DYNETICS, INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $8.8 million.

What is the period of performance?

Start: 2020-05-10. End: 2023-05-09.

How does the awarded price compare to industry benchmarks for similar technology vulnerability analysis services?

A comprehensive review against industry benchmarks for technology vulnerability analysis is necessary. Factors like contract duration, scope complexity, and specific deliverables influence pricing. While full and open competition suggests competitive pricing, a detailed cost analysis against comparable contracts would confirm if the $8.77 million represents optimal value for the taxpayer.

What are the primary risks associated with a Cost Plus Fixed Fee (CPFF) contract for this type of service?

The primary risks with a CPFF contract for technology vulnerability analysis include potential cost overruns if the fixed fee is insufficient for unforeseen complexities, and the contractor may lack strong incentives to control costs rigorously. Effective government oversight is crucial to manage these risks, ensuring the fixed fee remains appropriate and that the contractor exercises due diligence in managing expenses.

How effectively will this contract contribute to enhancing the overall cybersecurity posture of federal agencies?

This contract is expected to significantly contribute to federal cybersecurity by providing in-depth technology vulnerability analysis. By identifying and reporting on weaknesses, it enables agencies to proactively address threats, thereby strengthening their defenses. The three-year duration allows for continuous assessment and adaptation to evolving cyber threats, leading to a more robust and resilient federal IT infrastructure.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesArchitectural, Engineering, and Related ServicesEngineering 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: 1

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 1002 EXPLORER BOULEVARD, HUNTSVILLE, AL, 35806

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $14,584,193

Exercised Options: $12,414,154

Current Obligation: $8,769,380

Actual Outlays: $-6,658

Subaward Activity

Number of Subawards: 6

Total Subaward Amount: $2,400,021

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS00Q14OADU114

IDV Type: IDC

Timeline

Start Date: 2020-05-10

Current End Date: 2023-05-09

Potential End Date: 2023-05-09 00:00:00

Last Modified: 2026-02-02

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