International Logic Systems Inc. awarded $8.9M for EOL Enhancements by Export-Import Bank

Contract Overview

Contract Amount: $8,901,724 ($8.9M)

Contractor: International Logic Systems Inc

Awarding Agency: Export-Import Bank of the United States

Start Date: 2021-03-25

End Date: 2026-09-27

Contract Duration: 2,012 days

Daily Burn Rate: $4.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 5

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: EOL ENHANCEMENTS

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20571

State: District of Columbia Government Spending

Plain-Language Summary

Export-Import Bank of the United States obligated $8.9 million to INTERNATIONAL LOGIC SYSTEMS INC for work described as: EOL ENHANCEMENTS Key points: 1. Contract value of $8.9M for EOL Enhancements appears reasonable given the 5-year duration. 2. Full and open competition suggests a competitive bidding process was utilized. 3. Fixed-price contract type mitigates cost overrun risks for the agency. 4. The contract supports essential IT services for the Export-Import Bank. 5. Performance period spans over five years, indicating a long-term need. 6. The North American Industry Classification System (NAICS) code 541519 covers a broad range of IT services.

Value Assessment

Rating: good

The contract value of $8.9 million over approximately five years averages to about $1.78 million annually. This figure seems within a reasonable range for IT enhancement services, especially considering the specialized nature of EOL (End-of-Life) support. Without specific benchmarks for EOL enhancement services for similar government agencies, a direct comparison is difficult, but the annual spend does not immediately suggest overpricing.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that all responsible sources were permitted to submit a bid. With 5 bidders participating, this suggests a healthy level of competition for the requirement. The presence of multiple bidders generally leads to better price discovery and potentially more innovative solutions.

Taxpayer Impact: A competitive bidding process ensures that taxpayer dollars are used efficiently by driving down costs and encouraging value for money.

Public Impact

The Export-Import Bank of the United States benefits from enhanced IT systems, ensuring operational continuity. Services delivered include IT support and enhancements, crucial for modern government operations. The contract's impact is primarily within the District of Columbia, where the agency is located. The contract supports a workforce skilled in IT services and system maintenance.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for vendor lock-in if EOL systems are highly proprietary.
Dependence on a single contractor for critical IT enhancements could pose a risk.
Scope creep could increase costs if not managed tightly.

Positive Signals

Fixed-price contract structure helps control costs.
Full and open competition suggests a robust selection process.
Long contract duration allows for stable service provision.

Sector Analysis

This contract falls within the Information Technology sector, specifically focusing on IT services and support. The market for IT services to government agencies is substantial, with numerous companies offering specialized solutions. This contract for EOL enhancements addresses the critical need for maintaining and upgrading legacy systems, a common challenge across federal agencies. Benchmarking against similar IT support contracts would provide further context on value.

Small Business Impact

The data indicates that this contract was not set aside for small businesses, and there is no explicit mention of subcontracting requirements for small businesses. Therefore, the direct impact on the small business ecosystem appears limited for this specific award. Further review of the contract details would be needed to ascertain any indirect benefits or opportunities.

Oversight & Accountability

Oversight for this contract would typically be managed by the contracting officer and program managers within the Export-Import Bank. Accountability is ensured through the firm fixed-price structure, which incentivizes the contractor to meet defined deliverables within budget. Transparency is generally maintained through contract award databases, though specific performance metrics and oversight reports may not always be publicly accessible.

Related Government Programs

IT Services
Software Maintenance
System Enhancements
End-of-Life Support
Federal IT Procurement

Risk Flags

Potential for technical obsolescence
Contractor dependency risk
Scope creep potential

Frequently Asked Questions

What is this federal contract paying for?

Export-Import Bank of the United States awarded $8.9 million to INTERNATIONAL LOGIC SYSTEMS INC. EOL ENHANCEMENTS

Who is the contractor on this award?

The obligated recipient is INTERNATIONAL LOGIC SYSTEMS INC.

Which agency awarded this contract?

Awarding agency: Export-Import Bank of the United States (Export-Import Bank of the United States).

What is the total obligated amount?

The obligated amount is $8.9 million.

What is the period of performance?

Start: 2021-03-25. End: 2026-09-27.

What is the track record of International Logic Systems Inc. with federal contracts?

International Logic Systems Inc. has a history of federal contracting, primarily within the IT services domain. Reviewing their past performance on similar contracts, including adherence to schedules, quality of deliverables, and customer satisfaction ratings, would provide a clearer picture of their reliability. Analyzing their award history can reveal patterns in contract types, agencies served, and the value of awards, helping to assess their experience and capacity to handle the current EOL Enhancements contract effectively.

How does the value of this contract compare to similar EOL enhancement contracts?

Benchmarking this $8.9 million contract against similar EOL enhancement contracts awarded by other federal agencies is crucial for assessing value for money. Factors such as contract duration, scope of services, complexity of systems supported, and the specific IT environment of the agency play a significant role. Without access to a detailed database of comparable contracts, it's challenging to provide a precise comparison. However, the annual average of approximately $1.78 million suggests a moderate investment for specialized IT support over a five-year period.

What are the primary risks associated with this EOL enhancement contract?

Key risks for this EOL enhancement contract include the potential for technical obsolescence of the systems being supported, the contractor's ability to maintain expertise on aging technology, and the possibility of scope creep if requirements are not clearly defined and managed. Vendor lock-in is another concern, as agencies can become highly dependent on the incumbent for critical legacy system support. Furthermore, the security of data and systems during enhancement processes must be rigorously managed to prevent breaches.

How effective is the firm fixed-price contract type in managing costs for this service?

The firm fixed-price (FFP) contract type is generally effective in managing costs for well-defined services like EOL enhancements, as it shifts the risk of cost overruns to the contractor. This structure incentivizes the contractor to perform efficiently and control their expenses to maximize profit. For the agency, it provides cost certainty, making budgeting more predictable. However, if the scope of work is not precisely defined or if unforeseen technical challenges arise, the contractor may be less willing to accommodate changes without significant price adjustments.

What is the historical spending trend for EOL enhancements at the Export-Import Bank?

Analyzing historical spending on EOL enhancements at the Export-Import Bank would provide valuable context for the current $8.9 million award. Understanding past investments in similar services can reveal whether this contract represents an increase, decrease, or stable level of spending. It can also indicate the agency's long-term strategy for managing its IT infrastructure and addressing the challenges of aging systems. Without specific historical data, it is difficult to ascertain trends.

Industry Classification

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

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS › IT AND TELECOM - APLLICATIONS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 5

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 12150 MONUMENT DR, FAIRFAX, VA, 22033

Business Categories: Asian Pacific 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, Woman Owned Business, Women Owned Small Business

Financial Breakdown

Contract Ceiling: $8,901,724

Exercised Options: $8,901,724

Current Obligation: $8,901,724

Actual Outlays: $7,196,360

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: EXIM17A0005

IDV Type: BPA

Timeline