SBA Awards $28.9M Contract for COVID-19 Relief Platform Support to Goldschmitt and Associates LLC

Contract Overview

Contract Amount: $28,920,915 ($28.9M)

Contractor: Goldschmitt and Associates LLC

Awarding Agency: Small Business Administration

Start Date: 2023-08-03

End Date: 2025-12-02

Contract Duration: 852 days

Daily Burn Rate: $33.9K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: COVID-19 RELIEF PLATFORM OPERATION AND MAINTENANCE SUPPORT-CALL ORDER-CONTRACTOR SUPPORT FOR OCA

Place of Performance

Location: RESTON, FAIRFAX County, VIRGINIA, 20194

State: Virginia Government Spending

Plain-Language Summary

Small Business Administration obligated $28.9 million to GOLDSCHMITT AND ASSOCIATES LLC for work described as: COVID-19 RELIEF PLATFORM OPERATION AND MAINTENANCE SUPPORT-CALL ORDER-CONTRACTOR SUPPORT FOR OCA Key points: 1. Contract awarded to Goldschmitt and Associates LLC for $28.9M. 2. Service category is Administrative Management and General Management Consulting Services. 3. Contract duration is 852 days. 4. This contract falls under the Small Business Administration's purview. 5. The contract type is Firm Fixed Price.

Value Assessment

Rating: good

The contract value of $28.9M for 852 days suggests a reasonable rate for specialized administrative and management consulting services. Benchmarking against similar contracts for platform operation and maintenance support would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a competitive bidding process. This method generally leads to better price discovery and potentially more favorable pricing for the government.

Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by securing competitive pricing for essential services.

Public Impact

Ensures continued operation and maintenance of a critical COVID-19 relief platform. Supports the Small Business Administration's mission in delivering relief programs. Provides essential administrative and management consulting services. Contract duration extends into late 2025, ensuring stability.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for cost overruns if scope expands beyond initial estimates.
  • Reliance on a single contractor for critical platform operations.

Positive Signals

  • Firm Fixed Price contract limits cost uncertainty.
  • Full and open competition suggests competitive pricing.
  • Contract supports a vital government function.

Sector Analysis

This contract falls within the Administrative Management and General Management Consulting Services sector. Spending in this sector can vary widely based on agency needs, but significant investments are often made to support complex government operations and program management.

Small Business Impact

While the contract was awarded by the Small Business Administration, the data does not indicate if Goldschmitt and Associates LLC is a small business. Further investigation would be needed to determine the small business impact.

Oversight & Accountability

The Small Business Administration is responsible for overseeing this contract. Standard oversight mechanisms for BPA calls and firm-fixed-price contracts should be in place to ensure performance and accountability.

Related Government Programs

  • Administrative Management and General Management Consulting Services
  • Small Business Administration Contracting
  • Small Business Administration Programs

Risk Flags

  • Contract duration extends beyond one year.
  • Contract type is Firm Fixed Price.
  • Awarded under Full and Open Competition.
  • Supports a critical government function (COVID-19 Relief).

Tags

administrative-management-and-general-ma, small-business-administration, va, bpa-call, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Small Business Administration awarded $28.9 million to GOLDSCHMITT AND ASSOCIATES LLC. COVID-19 RELIEF PLATFORM OPERATION AND MAINTENANCE SUPPORT-CALL ORDER-CONTRACTOR SUPPORT FOR OCA

Who is the contractor on this award?

The obligated recipient is GOLDSCHMITT AND ASSOCIATES LLC.

Which agency awarded this contract?

Awarding agency: Small Business Administration (Small Business Administration).

What is the total obligated amount?

The obligated amount is $28.9 million.

What is the period of performance?

Start: 2023-08-03. End: 2025-12-02.

What specific services are included under 'Platform Operation and Maintenance Support' to ensure the value is justified?

The contract likely encompasses a range of services critical to the functionality of the COVID-19 relief platform. This could include system monitoring, bug fixing, software updates, security patching, user support, and performance optimization. A detailed statement of work would clarify the exact deliverables and ensure the $28.9M investment aligns with the scope and criticality of these operational and maintenance tasks.

What are the key performance indicators (KPIs) for this contract to measure effectiveness?

Effective oversight would involve tracking KPIs such as platform uptime, response times for critical issues, resolution rates for reported problems, user satisfaction scores, and adherence to security protocols. Regular performance reviews against these metrics will ensure the contractor is meeting expectations and that the platform effectively supports its intended purpose.

Are there any identified risks associated with the contractor's ability to maintain this platform over the contract duration?

Potential risks could include contractor personnel turnover, unforeseen technical challenges with the platform, or changes in regulatory requirements impacting the platform's functionality. The SBA should have contingency plans and monitor the contractor's performance closely, particularly regarding technical expertise and responsiveness, to mitigate these risks.

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)PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 73351023Q0308

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 11601 QUAIL RIDGE CT, RESTON, VA, 20194

Business Categories: 8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, HUBZone Firm, Limited Liability Corporation, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $48,952,274

Exercised Options: $28,920,915

Current Obligation: $28,920,915

Actual Outlays: $28,920,915

Subaward Activity

Number of Subawards: 1

Total Subaward Amount: $22,636,628

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 73351023A0012

IDV Type: BPA

Timeline

Start Date: 2023-08-03

Current End Date: 2025-12-02

Potential End Date: 2027-12-02 00:00:00

Last Modified: 2024-11-27

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