DOT Awards $3.94M for IT Project Management Support to Goldman Edwards Inc

Contract Overview

Contract Amount: $3,940,436 ($3.9M)

Contractor: Goldman Edwards Inc.

Awarding Agency: Department of Transportation

Start Date: 2022-09-28

End Date: 2026-09-29

Contract Duration: 1,462 days

Daily Burn Rate: $2.7K/day

Competition Type: NOT COMPETED UNDER SAP

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: PROJECT MANAGEMENT AND TECHNICAL SUPPORT TO (OITS) TO SUPPORT THE DELIVERY OF IT PROJECTS AND DEPLOYMENTS.

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20006

State: District of Columbia Government Spending

Plain-Language Summary

Department of Transportation obligated $3.9 million to GOLDMAN EDWARDS INC. for work described as: PROJECT MANAGEMENT AND TECHNICAL SUPPORT TO (OITS) TO SUPPORT THE DELIVERY OF IT PROJECTS AND DEPLOYMENTS. Key points: 1. Contract awarded for critical IT project delivery and deployment support. 2. Goldman Edwards Inc. is the sole awardee, raising questions about competition. 3. The contract value is substantial, necessitating careful oversight. 4. Services fall under Computer Systems Design, a key IT sector.

Value Assessment

Rating: fair

The contract value of $3.94M over approximately 4 years appears reasonable for specialized IT project management and technical support. Benchmarking against similar contracts for system design services is difficult without more granular data on scope and deliverables.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was not competed under SAP, indicating a limited competition approach. This method may not have yielded the best possible price discovery, potentially leading to higher costs for taxpayers.

Taxpayer Impact: The limited competition approach could result in a higher cost to taxpayers compared to a fully competed contract.

Public Impact

Ensures continued IT project delivery for the Federal Highway Administration. Supports critical infrastructure modernization and deployment efforts. Potential for increased efficiency in IT project execution.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition
Lack of small business participation
Potential for cost overruns without robust oversight

Positive Signals

Supports critical IT infrastructure
Long-term contract provides stability

Sector Analysis

This contract falls within the IT sector, specifically Computer Systems Design Services. Spending in this area is significant across federal agencies, with benchmarks varying widely based on project complexity and duration.

Small Business Impact

The contract was not awarded to a small business, and there is no indication of small business subcontracting. This represents a missed opportunity to support small business growth within the federal contracting landscape.

Oversight & Accountability

Given the limited competition and the contract's duration, robust oversight will be crucial to ensure performance standards are met and costs remain within budget. Regular performance reviews and audits are recommended.

Related Government Programs

Computer Systems Design Services
Department of Transportation Contracting
Federal Highway Administration Programs

Risk Flags

Limited competition may lead to higher costs.
No small business participation identified.
Potential for vendor lock-in.
Contract duration requires sustained oversight.

Frequently Asked Questions

What is this federal contract paying for?

Department of Transportation awarded $3.9 million to GOLDMAN EDWARDS INC.. PROJECT MANAGEMENT AND TECHNICAL SUPPORT TO (OITS) TO SUPPORT THE DELIVERY OF IT PROJECTS AND DEPLOYMENTS.

Who is the contractor on this award?

The obligated recipient is GOLDMAN EDWARDS INC..

Which agency awarded this contract?

Awarding agency: Department of Transportation (Federal Highway Administration).

What is the total obligated amount?

The obligated amount is $3.9 million.

What is the period of performance?

Start: 2022-09-28. End: 2026-09-29.

What specific IT projects and deployments will Goldman Edwards Inc. support, and how does this align with the Federal Highway Administration's strategic goals?

The contract is intended to support the delivery of IT projects and deployments for the Office of Information Technology Services (OITS) within the Federal Highway Administration (FHA). While the specific projects are not detailed, the support is crucial for maintaining and modernizing FHA's IT infrastructure, which underpins its mission-critical operations, including data management, system maintenance, and the deployment of new technological solutions to enhance transportation infrastructure planning and execution.

What steps were taken to ensure a fair and reasonable price was achieved given the limited competition for this contract?

As the contract was not competed under SAP, the agency likely relied on other methods to ensure price reasonableness, such as historical pricing data, market research, or certified cost and pricing data from the contractor. However, without a competitive process, the assurance of the 'best' price is inherently reduced. Further justification for the limited competition and the basis for price negotiation would be necessary for a complete assessment.

How will the effectiveness of Goldman Edwards Inc.'s technical support be measured to ensure successful IT project delivery?

Effectiveness will likely be measured through key performance indicators (KPIs) outlined in the contract, such as on-time project completion, adherence to budget, quality of deliverables, and stakeholder satisfaction. Regular performance reviews and milestone tracking will be essential. The Federal Highway Administration should establish clear metrics and conduct periodic evaluations to ensure the contractor is meeting its obligations and contributing to the successful delivery of IT projects.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Computer Systems Design Services

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

Competition & Pricing

Extent Competed: NOT COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1629 K ST NW, WASHINGTON, DC, 20006

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

Financial Breakdown

Contract Ceiling: $4,040,436

Exercised Options: $3,940,436

Current Obligation: $3,940,436

Actual Outlays: $3,043,085

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Timeline