HUD Seeks $2.7M in Advisory Services for PIH-REACS Performance Goals

Contract Overview

Contract Amount: $2,736,552 ($2.7M)

Contractor: THE Joachim Group, Cpa's & Consultants, LLC

Awarding Agency: Department of Housing and Urban Development

Start Date: 2023-08-21

End Date: 2028-08-20

Contract Duration: 1,826 days

Daily Burn Rate: $1.5K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: HUD SEEKS A CONTRACTOR TO PROVIDE ADVISORY, TECHNICAL ASSISTANCE AND SERVICES TO INITIATE, RESEARCH, ANALYZE, ESTABLISH, UPDATE AND SUPPORT PIH-REACS FASS PERFORMANCE GOALS AND OBJECTIVES AS OUTLINED IN HUDS ANNUAL PERFORMANCE PLAN. THE STRATEGIC OBJ

Place of Performance

Location: ALEXANDRIA, ALEXANDRIA CITY County, VIRGINIA, 22314

State: Virginia Government Spending

Plain-Language Summary

Department of Housing and Urban Development obligated $2.7 million to THE JOACHIM GROUP, CPA'S & CONSULTANTS, LLC for work described as: HUD SEEKS A CONTRACTOR TO PROVIDE ADVISORY, TECHNICAL ASSISTANCE AND SERVICES TO INITIATE, RESEARCH, ANALYZE, ESTABLISH, UPDATE AND SUPPORT PIH-REACS FASS PERFORMANCE GOALS AND OBJECTIVES AS OUTLINED IN HUDS ANNUAL PERFORMANCE PLAN. THE STRATEGIC OBJ Key points: 1. Contract aims to enhance performance goals for PIH-REACS. 2. Services include advisory, technical assistance, research, and analysis. 3. The Joachim Group is the incumbent contractor. 4. Focus on administrative management and general management consulting.

Value Assessment

Rating: fair

The award amount of $2,736,552 for a 5-year contract appears reasonable for specialized advisory and technical services. Benchmarking against similar management consulting contracts is difficult without more detailed scope information.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract is listed as 'NOT AVAILABLE FOR COMPETITION', indicating a limited competition approach. This may limit price discovery and potentially lead to higher costs compared to a fully competitive process.

Taxpayer Impact: Taxpayer funds are being used for specialized consulting services to improve program performance. The ultimate impact on taxpayers depends on the effectiveness of the services in achieving HUD's goals.

Public Impact

Improved efficiency in HUD's Public and Indian Housing programs. Enhanced data analysis and performance tracking for federal housing initiatives. Potential for better resource allocation and program outcomes.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition may reduce cost savings.
Contract duration is long (5 years).

Positive Signals

Focus on performance improvement.
Clear objectives for advisory services.

Sector Analysis

This contract falls under administrative management and general management consulting services, a common area for federal spending. Benchmarks for similar services vary widely based on scope and duration.

Small Business Impact

The data does not indicate any specific provisions or set-asides for small businesses in this procurement. The incumbent is an LLC, but its size status is not specified.

Oversight & Accountability

Oversight will be crucial to ensure the advisory services directly contribute to achieving PIH-REACS performance goals and provide value for taxpayer money.

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

Limited competition
Potential for cost overruns due to lack of competition
Long contract duration may reduce flexibility
Performance metrics not explicitly detailed

Frequently Asked Questions

What is this federal contract paying for?

Department of Housing and Urban Development awarded $2.7 million to THE JOACHIM GROUP, CPA'S & CONSULTANTS, LLC. HUD SEEKS A CONTRACTOR TO PROVIDE ADVISORY, TECHNICAL ASSISTANCE AND SERVICES TO INITIATE, RESEARCH, ANALYZE, ESTABLISH, UPDATE AND SUPPORT PIH-REACS FASS PERFORMANCE GOALS AND OBJECTIVES AS OUTLINED IN HUDS ANNUAL PERFORMANCE PLAN. THE STRATEGIC OBJ

Who is the contractor on this award?

The obligated recipient is THE JOACHIM GROUP, CPA'S & CONSULTANTS, 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 $2.7 million.

What is the period of performance?

Start: 2023-08-21. End: 2028-08-20.

What specific metrics will be used to evaluate the success of the advisory services in improving PIH-REACS performance goals?

Success metrics should be clearly defined in the contract's statement of work. These could include improvements in key performance indicators (KPIs) related to housing program efficiency, resident satisfaction, or financial management. Regular progress reports and performance reviews will be essential to track these metrics and ensure the contractor is meeting objectives.

What is the justification for limiting competition on this contract, and how will HUD ensure fair pricing?

The justification for limited competition needs to be thoroughly documented by HUD, potentially citing unique qualifications of the incumbent or specific circumstances. To ensure fair pricing, HUD should conduct a price analysis comparing the proposed costs to historical data, other similar contracts, or independent cost estimates, even with limited competition.

How will the services provided by this contract directly translate into tangible benefits for the public housing sector?

The advisory services are expected to improve the strategic planning and operational efficiency of HUD's Public and Indian Housing (PIH) programs. By establishing, updating, and supporting performance goals, the contractor aims to enhance program effectiveness, potentially leading to better service delivery for residents, more efficient use of federal funds, and improved outcomes in housing assistance.

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: NOT AVAILABLE FOR COMPETITION

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: 86614823R00002

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 3027 PETERS CREEK RD NW, ROANOKE, VA, 24019

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

Financial Breakdown

Contract Ceiling: $4,361,377

Exercised Options: $2,736,552

Current Obligation: $2,736,552

Actual Outlays: $2,088,336

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline