HHS Awards $50.4M Contract for Management and Analytics Services to LMI Consulting, LLC

Contract Overview

Contract Amount: $50,401,703 ($50.4M)

Contractor: LMI Consulting, LLC

Awarding Agency: Department of Health and Human Services

Start Date: 2022-02-01

End Date: 2026-04-29

Contract Duration: 1,548 days

Daily Burn Rate: $32.6K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: TIME AND MATERIALS

Sector: Other

Official Description: ISSUER MANAGEMENT OPERATIONS AND PLAN ANALYTICS AND REVIEW

Place of Performance

Location: MCLEAN, FAIRFAX County, VIRGINIA, 22102

State: Virginia Government Spending

Plain-Language Summary

Department of Health and Human Services obligated $50.4 million to LMI CONSULTING, LLC for work described as: ISSUER MANAGEMENT OPERATIONS AND PLAN ANALYTICS AND REVIEW Key points: 1. Contract value of $50.4M over 4 years for critical operational support. 2. LMI Consulting, LLC, a large business, secured the award. 3. Full and open competition was utilized, suggesting a competitive bidding process. 4. The contract falls under Administrative Management and General Management Consulting Services.

Value Assessment

Rating: good

The contract value of $50.4M over approximately 4 years suggests a significant investment in management and analytics. Benchmarking against similar large-scale consulting contracts would be necessary for a precise assessment, but the duration and scope indicate a substantial, potentially fair, price point.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which typically fosters competitive pricing and allows for a wide range of qualified vendors to bid. This method is expected to result in a fair market price discovery.

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

Public Impact

Ensures continuity of critical operations and analytics for CMS. Supports data-driven decision-making within the agency. Potential for improved program efficiency and effectiveness through expert consulting.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of specific performance metrics in provided data.
Potential for scope creep in long-term consulting contracts.

Positive Signals

Awarded through full and open competition.
Significant contract value indicates agency reliance on these services.
Long contract duration allows for sustained support.

Sector Analysis

This contract falls within the professional services sector, specifically management consulting. Spending in this area is common across federal agencies for specialized expertise. Benchmarks for similar contracts would depend on the specific scope and duration.

Small Business Impact

The contract was awarded to LMI Consulting, LLC, which is identified as a large business. There is no indication in the provided data that small businesses were specifically involved as subcontractors or prime contractors in this award.

Oversight & Accountability

The contract's duration and value necessitate robust oversight from CMS to ensure deliverables are met and funds are managed appropriately. Regular performance reviews and adherence to contract terms are crucial for accountability.

Related Government Programs

Administrative Management and General Management Consulting Services
Department of Health and Human Services Contracting
Centers for Medicare and Medicaid Services Programs

Risk Flags

Contract type is Time and Materials, which can lead to cost overruns if not closely managed.
Long duration (over 4 years) increases risk of changing requirements or market conditions.
No specific small business participation noted.
Performance metrics not detailed, making objective evaluation difficult.

Frequently Asked Questions

What is this federal contract paying for?

Department of Health and Human Services awarded $50.4 million to LMI CONSULTING, LLC. ISSUER MANAGEMENT OPERATIONS AND PLAN ANALYTICS AND REVIEW

Who is the contractor on this award?

The obligated recipient is LMI CONSULTING, LLC.

Which agency awarded this contract?

Awarding agency: Department of Health and Human Services (Centers for Medicare and Medicaid Services).

What is the total obligated amount?

The obligated amount is $50.4 million.

What is the period of performance?

Start: 2022-02-01. End: 2026-04-29.

What specific analytics and management improvements are expected from this contract?

The contract is intended to provide comprehensive support for issuer management operations, including analytics and review processes. Expected improvements likely encompass enhanced data analysis capabilities, streamlined operational workflows, and better strategic planning informed by data insights, ultimately aiming to improve the efficiency and effectiveness of CMS programs.

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

Specific KPIs are not detailed in the provided data. However, typical KPIs for such contracts might include improvements in data accuracy, reduction in operational processing times, successful implementation of new analytical tools, and positive feedback on the quality of management recommendations provided by LMI Consulting.

How does this contract align with CMS's broader strategic goals for healthcare reform and operational efficiency?

This contract likely supports CMS's strategic goals by providing the analytical and management expertise needed to navigate complex healthcare reforms and optimize operational efficiency. By improving data analysis and operational reviews, CMS can better monitor program performance, identify areas for improvement, and implement evidence-based strategies to achieve its mission.

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) › PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: TIME AND MATERIALS (Y)

Evaluated Preference: NONE

Contractor Details

Address: 7940 JONES BRANCH DR, TYSONS CORNER, VA, 22102

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $50,853,688

Exercised Options: $50,401,703

Current Obligation: $50,401,703

Actual Outlays: $48,369,679

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: GS00F041GA

IDV Type: FSS

Timeline