OPM's $15.9M Talent Acquisition Services contract awarded to Your Recruiting Company, Inc. via full and open competition

Contract Overview

Contract Amount: $15,919,221 ($15.9M)

Contractor: Your Recruiting Company, Inc.

Awarding Agency: General Services Administration

Start Date: 2020-06-22

End Date: 2025-05-22

Contract Duration: 1,795 days

Daily Burn Rate: $8.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: OPM HRS TALENT ACQUISITION SERVICES

Place of Performance

Location: FAIRFAX, FAIRFAX County, VIRGINIA, 22033

State: Virginia Government Spending

Plain-Language Summary

General Services Administration obligated $15.9 million to YOUR RECRUITING COMPANY, INC. for work described as: OPM HRS TALENT ACQUISITION SERVICES Key points: 1. The contract focuses on Human Resources Consulting Services, a critical area for federal workforce management. 2. Awarded under GSA's Federal Acquisition Service, indicating a structured procurement process. 3. The firm fixed-price contract type aims to control costs for the government. 4. The duration of nearly 5 years suggests a long-term need for these services.

Value Assessment

Rating: good

The contract's firm fixed-price structure provides cost certainty. Benchmarking against similar HR consulting services contracts would be beneficial to confirm optimal pricing.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Full and open competition was utilized, allowing all eligible vendors to bid. This method generally promotes competitive pricing and access to a wider range of capabilities.

Taxpayer Impact: The competitive nature of the award is expected to yield fair market value for the taxpayer.

Public Impact

Ensures OPM has access to specialized talent acquisition expertise. Supports federal agencies in meeting their staffing needs efficiently. Potential for improved recruitment outcomes and reduced time-to-hire for critical positions.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The Human Resources Consulting Services sector is vital for government operations, focusing on recruitment, retention, and workforce development. Spending benchmarks vary widely based on specific services and contract scope.

Small Business Impact

The data indicates that small business participation was not a stated factor in this award (ss: false, sb: false). Further analysis would be needed to determine if small businesses were excluded or simply did not bid.

Oversight & Accountability

The contract was awarded through the General Services Administration (GSA), which typically has robust oversight mechanisms. However, specific oversight details for this particular contract are not provided.

Related Government Programs

Risk Flags

Tags

human-resources-consulting-services, general-services-administration, va, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $15.9 million to YOUR RECRUITING COMPANY, INC.. OPM HRS TALENT ACQUISITION SERVICES

Who is the contractor on this award?

The obligated recipient is YOUR RECRUITING COMPANY, INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $15.9 million.

What is the period of performance?

Start: 2020-06-22. End: 2025-05-22.

What specific talent acquisition challenges is OPM aiming to address with this contract?

This contract likely aims to address OPM's need for specialized expertise in identifying, attracting, and onboarding qualified candidates for federal positions. This could include challenges related to hard-to-fill roles, modernizing recruitment processes, or improving the candidate experience to compete with the private sector for top talent.

What are the potential risks associated with a nearly 5-year contract for talent acquisition services?

A long-term contract carries risks such as potential vendor complacency, evolving market needs not being met by the original scope, and difficulty in adapting to new technologies or strategies. There's also a risk that the initial competitive pricing may not remain optimal over the full contract term if market conditions shift significantly.

How will the effectiveness of these talent acquisition services be measured to ensure value for taxpayers?

Effectiveness should be measured through key performance indicators (KPIs) such as time-to-fill rates, cost-per-hire, quality of hires (e.g., retention rates after 1 year), and candidate satisfaction scores. Regular performance reviews and data analysis by OPM and GSA are crucial to ensure the vendor is meeting objectives and delivering value.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesManagement, Scientific, and Technical Consulting ServicesHuman Resources Consulting 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

Solicitation ID: ID03190028

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 11710 PLAZA AMERICA DR STE 920, RESTON, VA, 20190

Business Categories: Category Business, Not Designated a Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $45,593,374

Exercised Options: $41,203,831

Current Obligation: $15,919,221

Subaward Activity

Number of Subawards: 19

Total Subaward Amount: $6,262,270

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS02Q16DCR0072

IDV Type: IDC

Timeline

Start Date: 2020-06-22

Current End Date: 2025-05-22

Potential End Date: 2025-05-22 00:00:00

Last Modified: 2025-09-17

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