HUD Awards $30.4M for NSPIRE Inspection Services to SP Technologies, LLC
Contract Overview
Contract Amount: $30,427,497 ($30.4M)
Contractor: SP Technologies, LLC
Awarding Agency: Department of Housing and Urban Development
Start Date: 2024-10-01
End Date: 2026-09-30
Contract Duration: 729 days
Daily Burn Rate: $41.7K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 3
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: NSPIRE INSPECTION SERVICES
Place of Performance
Location: VIENNA, FAIRFAX County, VIRGINIA, 22182
State: Virginia Government Spending
Plain-Language Summary
Department of Housing and Urban Development obligated $30.4 million to SP TECHNOLOGIES, LLC for work described as: NSPIRE INSPECTION SERVICES Key points: 1. Contract awarded for administrative management and general management consulting services. 2. SP Technologies, LLC is the awardee for this BPA Call contract. 3. The contract has a duration of 729 days. 4. The total award amount is $30,427,497. 5. The contract is firm-fixed-price.
Value Assessment
Rating: good
The firm fixed price contract type suggests a clear understanding of scope and cost. The award amount of $30.4M over two years for inspection services appears reasonable given the nature of the work.
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 value for the government.
Taxpayer Impact: The competitive nature of the award is expected to yield fair pricing, benefiting taxpayers.
Public Impact
Ensures compliance with housing quality standards through NSPIRE inspections. Supports the Department of Housing and Urban Development's mission to create strong, sustainable communities. Impacts housing quality for residents in federally assisted housing programs.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for scope creep in inspection services.
- Reliance on a single vendor for a critical function.
Positive Signals
- Firm fixed price contract limits cost overruns.
- Full and open competition promotes market efficiency.
Sector Analysis
This contract falls under administrative management and general management consulting services, a broad category. Spending benchmarks for similar inspection services can vary significantly based on geographic scope and specific requirements.
Small Business Impact
The data indicates this contract was not set aside for small businesses and the awardee is not listed as a small business. Further analysis would be needed to determine if small businesses were excluded or if they did not bid.
Oversight & Accountability
The contract is managed by the Department of Housing and Urban Development. Oversight would involve monitoring the quality and timeliness of inspections and adherence to contract terms.
Related Government Programs
- Administrative Management and General Management Consulting Services
- Department of Housing and Urban Development Contracting
- Department of Housing and Urban Development Programs
Risk Flags
- Potential for vendor lock-in if performance is consistently good.
- Risk of inadequate inspection coverage if scope is not well-defined.
- Dependence on contractor's ability to recruit and retain qualified inspectors.
- Potential for disputes over inspection findings and remediation.
Tags
administrative-management-and-general-ma, department-of-housing-and-urban-developm, va, bpa-call, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Housing and Urban Development awarded $30.4 million to SP TECHNOLOGIES, LLC. NSPIRE INSPECTION SERVICES
Who is the contractor on this award?
The obligated recipient is SP TECHNOLOGIES, LLC.
Which agency awarded this contract?
Awarding agency: Department of Housing and Urban Development (Department of Housing and Urban Development).
What is the total obligated amount?
The obligated amount is $30.4 million.
What is the period of performance?
Start: 2024-10-01. End: 2026-09-30.
What is the historical performance of SP Technologies, LLC on similar government contracts?
Information on SP Technologies, LLC's past performance is crucial for assessing reliability and capability. Reviewing past contract awards, performance evaluations (e.g., CPARS), and any disputes or claims would provide insight into their track record. This helps determine if they have consistently met quality standards, timelines, and budget expectations on similar projects.
How does the cost of these inspection services compare to industry benchmarks for similar government contracts?
Benchmarking the cost against similar government contracts for inspection services is essential for value assessment. This involves comparing the per-unit cost or overall contract value relative to the scope of work, geographic coverage, and frequency of inspections. Deviations from benchmarks could indicate either exceptional value or potential overpricing.
What is the potential impact of NSPIRE inspection failures on housing quality and resident safety?
The effectiveness of NSPIRE inspections directly impacts housing quality and resident safety. Inadequate or missed deficiencies during inspections could lead to unsafe living conditions, health hazards, and prolonged deterioration of housing stock. Robust oversight and contractor performance are critical to mitigate these risks.
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: 3
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 1775 TYSONS BLVD STE 4210, MCLEAN, VA, 22102
Business Categories: 8(a) Program Participant, Category Business, Economically Disadvantaged Women Owned Small Business, Minority Owned Business, Partnership or Limited Liability Partnership, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, Indian (Subcontinent) American Owned Business, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business
Financial Breakdown
Contract Ceiling: $55,665,741
Exercised Options: $30,427,497
Current Obligation: $30,427,497
Actual Outlays: $12,088,428
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: 86614123A00001
IDV Type: BPA
Timeline
Start Date: 2024-10-01
Current End Date: 2026-09-30
Potential End Date: 2027-09-30 00:00:00
Last Modified: 2025-09-30
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