CFTC Awards $8.1M for DCR DMO Analyst Support to Peraton Inc

Contract Overview

Contract Amount: $8,068,858 ($8.1M)

Contractor: Peraton Inc.

Awarding Agency: Commodity Futures Trading Commission

Start Date: 2019-09-29

End Date: 2024-09-28

Contract Duration: 1,826 days

Daily Burn Rate: $4.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: DCR DMO ANALYST SUPPORT

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20581

State: District of Columbia Government Spending

Plain-Language Summary

Commodity Futures Trading Commission obligated $8.1 million to PERATON INC. for work described as: DCR DMO ANALYST SUPPORT Key points: 1. Contract awarded via full and open competition, suggesting market availability of services. 2. The contract spans five years, indicating a long-term need for these analytical services. 3. Peraton Inc. is the sole awardee, highlighting their specific capabilities or competitive win. 4. The NAICS code 541519 suggests a broad range of computer-related services were procured.

Value Assessment

Rating: fair

The contract's total value is $8.1 million over five years. Without specific deliverables or performance metrics, a precise value assessment is difficult. However, the average annual value is approximately $1.6 million.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and allows the agency to select the best value offering.

Taxpayer Impact: The use of full and open competition is generally favorable for taxpayers as it aims to secure competitive pricing and the best possible service for the government's investment.

Public Impact

Ensures continued analytical support for the Commodity Futures Trading Commission's data and reporting functions. Supports regulatory oversight and market analysis within the financial sector. Potential impact on market participants through informed regulatory decisions.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The Commodity Futures Trading Commission operates within the financial services sector, requiring specialized analytical support for data management and reporting. Spending benchmarks for similar IT support contracts vary widely based on scope and duration.

Small Business Impact

The data does not indicate whether small businesses were involved as subcontractors. The primary awardee, Peraton Inc., is a large business, suggesting limited direct opportunity for small businesses on this specific contract.

Oversight & Accountability

The contract was awarded under full and open competition, which implies a degree of oversight in the solicitation and evaluation process. However, further details on performance monitoring and accountability mechanisms are not provided.

Related Government Programs

Risk Flags

Tags

other-computer-related-services, commodity-futures-trading-commission, dc, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Commodity Futures Trading Commission awarded $8.1 million to PERATON INC.. DCR DMO ANALYST SUPPORT

Who is the contractor on this award?

The obligated recipient is PERATON INC..

Which agency awarded this contract?

Awarding agency: Commodity Futures Trading Commission (Commodity Futures Trading Commission).

What is the total obligated amount?

The obligated amount is $8.1 million.

What is the period of performance?

Start: 2019-09-29. End: 2024-09-28.

What specific analytical tasks are included under 'DCR DMO Analyst Support' and how do they align with CFTC's mission?

The specific analytical tasks are not detailed in the provided data. However, 'DCR DMO' likely refers to Data Collection and Reporting, and Data Management Operations. Analyst support would typically involve data analysis, interpretation, report generation, and potentially system support for these functions, directly aiding the CFTC in its regulatory oversight and market surveillance responsibilities.

How does the $8.1 million contract value compare to industry benchmarks for similar IT analyst support services?

Benchmarking this contract is challenging without specific details on the scope of work, required expertise, and deliverables. However, for a five-year contract supporting critical data and reporting functions within a regulatory agency, $8.1 million ($1.62M annually) appears within a reasonable range, assuming a dedicated team of analysts and specialized support is provided.

What mechanisms are in place to ensure the effectiveness and efficiency of Peraton Inc.'s services throughout the five-year contract duration?

The provided data does not specify performance metrics or oversight mechanisms. Typically, agencies use contract performance reports, regular reviews, and defined deliverables to ensure effectiveness. The firm fixed-price nature provides cost certainty, but ongoing monitoring is crucial to ensure service quality and alignment with CFTC's evolving needs.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesComputer Systems Design and Related ServicesOther Computer Related 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: 9523ZY19Q0012

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 12975 WORLDGATE DR, HERNDON, VA, 20170

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

Financial Breakdown

Contract Ceiling: $10,711,561

Exercised Options: $9,876,822

Current Obligation: $8,068,858

Actual Outlays: $5,137,046

Subaward Activity

Number of Subawards: 137

Total Subaward Amount: $48,146,760

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: GS35F0165Y

IDV Type: FSS

Timeline

Start Date: 2019-09-29

Current End Date: 2024-09-28

Potential End Date: 2024-09-28 00:00:00

Last Modified: 2025-12-02

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