USAID's $203M Foreign Assistance Program Contract Awarded to BearingPoint, Inc
Contract Overview
Contract Amount: $203,292,653 ($203.3M)
Contractor: Bearingpoint, Inc.
Awarding Agency: Agency for International Development
Start Date: 2004-09-03
End Date: 2009-09-02
Contract Duration: 1,825 days
Daily Burn Rate: $111.4K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 2
Pricing Type: COST PLUS FIXED FEE
Sector: Other
Official Description: FOREIGN ASSISTANCE PROGRAM
Plain-Language Summary
Agency for International Development obligated $203.3 million to BEARINGPOINT, INC. for work described as: FOREIGN ASSISTANCE PROGRAM Key points: 1. Contract value of $203.3 million for consulting services. 2. Awarded through full and open competition. 3. Potential risk associated with cost-plus-fixed-fee contract type. 4. Services fall under 'Other Scientific and Technical Consulting Services'.
Value Assessment
Rating: fair
The contract is a Cost Plus Fixed Fee (CPFF) type, which can lead to cost overruns if not managed carefully. The fixed fee component provides some cost certainty, but the overall value assessment is fair given the CPFF structure and lack of specific performance metrics.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded using full and open competition, suggesting a robust price discovery process. This method generally leads to competitive pricing, but the CPFF structure still requires diligent oversight to ensure value for money.
Taxpayer Impact: Taxpayer funds are being used for foreign assistance consulting services. While competition was employed, the CPFF structure necessitates careful monitoring to prevent unnecessary cost escalation.
Public Impact
Impacts foreign aid delivery and effectiveness. Supports international development initiatives. Potential for improved program outcomes through expert consulting.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Cost-plus-fixed-fee contract type can incentivize cost growth.
- Lack of specific performance metrics for value assessment.
- Long contract duration (5 years) increases risk exposure.
Positive Signals
- Awarded through full and open competition.
- Significant investment in foreign assistance programs.
Sector Analysis
This contract falls under professional services, specifically technical consulting for foreign assistance. Benchmarks for similar large-scale consulting contracts in the public sector vary widely based on scope and duration.
Small Business Impact
The contract was awarded through full and open competition and does not indicate any specific set-asides for small businesses. Therefore, small business participation is likely limited unless they are subcontractors.
Oversight & Accountability
The Agency for International Development (USAID) is responsible for oversight. The CPFF contract type requires rigorous monitoring of costs and performance to ensure accountability and prevent waste.
Related Government Programs
- Other Scientific and Technical Consulting Services
- Agency for International Development Contracting
- Agency for International Development Programs
Risk Flags
- Cost-plus-fixed-fee contract type.
- Long contract duration.
- Potential for cost overruns.
- Lack of specific performance metrics provided.
- Limited visibility into specific program impact.
Tags
other-scientific-and-technical-consultin, agency-for-international-development, dca, 100m-plus
Frequently Asked Questions
What is this federal contract paying for?
Agency for International Development awarded $203.3 million to BEARINGPOINT, INC.. FOREIGN ASSISTANCE PROGRAM
Who is the contractor on this award?
The obligated recipient is BEARINGPOINT, INC..
Which agency awarded this contract?
Awarding agency: Agency for International Development (Agency for International Development).
What is the total obligated amount?
The obligated amount is $203.3 million.
What is the period of performance?
Start: 2004-09-03. End: 2009-09-02.
What specific foreign assistance programs does this contract support, and how is success measured?
The data does not specify the exact foreign assistance programs. Success measurement would typically involve predefined metrics within the contract's statement of work, focusing on program objectives, deliverables, and impact. USAID's oversight would be crucial in tracking these metrics and ensuring the contractor meets performance expectations.
What are the potential risks associated with a 5-year Cost Plus Fixed Fee contract for consulting services?
A 5-year CPFF contract carries risks of cost escalation if the fixed fee is not adequately justified or if indirect costs are not tightly controlled. The long duration also means BearingPoint, Inc. could become entrenched, potentially reducing future competitive pressure. USAID must maintain strong oversight to mitigate these risks.
How does this contract contribute to the overall effectiveness of U.S. foreign aid?
This contract aims to enhance the effectiveness of U.S. foreign aid by providing specialized consulting services to USAID. The expertise brought by BearingPoint, Inc. is intended to improve program design, implementation, and management, ultimately contributing to better development outcomes and achieving foreign policy objectives.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Management, Scientific, and Technical Consulting Services › Other Scientific and Technical Consulting Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › PROFESSIONAL SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Offers Received: 2
Pricing Type: COST PLUS FIXED FEE (U)
Evaluated Preference: NONE
Contractor Details
Address: 1676 INTERNATIONAL DR, MC LEAN, VA, 90
Business Categories: Category Business, Not Designated a Small Business
Financial Breakdown
Contract Ceiling: $4,744,750,214
Exercised Options: $3,744,514,922
Current Obligation: $203,292,653
Timeline
Start Date: 2004-09-03
Current End Date: 2009-09-02
Potential End Date: 2009-09-02 00:00:00
Last Modified: 2010-04-14
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