DOT's $9.95M Lease Payment to Verizon Federal Inc. for District of Columbia Services

Contract Overview

Contract Amount: $9,953,577 ($10.0M)

Contractor: Verizon Federal Inc.

Awarding Agency: Department of Transportation

Start Date: 2005-06-30

End Date: 2008-04-30

Contract Duration: 1,035 days

Daily Burn Rate: $9.6K/day

Number of Offers Received: 10

Pricing Type: FIXED PRICE

Sector: IT

Official Description: LEASE PAYMENTS

Place of Performance

Location: DISTRICT OF COLUMBIA, 20000

State: District of Columbia Government Spending

Plain-Language Summary

Department of Transportation obligated $10.0 million to VERIZON FEDERAL INC. for work described as: LEASE PAYMENTS Key points: 1. Significant spending on lease payments by the Department of Transportation. 2. Verizon Federal Inc. is the sole contractor, raising questions about competition. 3. The contract duration of 1035 days suggests a long-term service need. 4. Fixed-price contract type may offer cost certainty but limit flexibility.

Value Assessment

Rating: fair

The total contract value is $9,953,577.40. Without specific unit details or benchmarks for similar lease agreements in the District of Columbia, a precise value assessment is difficult. However, the scale suggests substantial operational needs.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was awarded sole-source, indicating a lack of competitive bidding. This method can lead to higher prices as there is no market pressure to ensure cost-effectiveness. The absence of competition limits price discovery.

Taxpayer Impact: Taxpayers may be paying a premium due to the lack of competition in this sole-source award. The full impact is unclear without comparative pricing data.

Public Impact

Essential telecommunications infrastructure for the Department of Transportation's immediate office. Potential for service disruption if the lease is not renewed or recompeted effectively. Impact on federal agency's operational capacity within the District of Columbia.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This spending falls under telecommunications services, a critical sector for government operations. Benchmarks for similar large-scale federal telecommunications leases are often influenced by location, service level agreements, and the competitive landscape.

Small Business Impact

The contract was awarded to Verizon Federal Inc., a large corporation. There is no indication that small businesses were involved as prime contractors or significant subcontractors in this specific award.

Oversight & Accountability

Oversight would focus on ensuring the services provided meet the terms of the fixed-price contract and that the sole-source justification remains valid. Regular performance reviews are crucial for accountability.

Related Government Programs

Risk Flags

Tags

department-of-transportation, dc, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Transportation awarded $10.0 million to VERIZON FEDERAL INC.. LEASE PAYMENTS

Who is the contractor on this award?

The obligated recipient is VERIZON FEDERAL INC..

Which agency awarded this contract?

Awarding agency: Department of Transportation (Immediate Office of the Secretary of Transportation).

What is the total obligated amount?

The obligated amount is $10.0 million.

What is the period of performance?

Start: 2005-06-30. End: 2008-04-30.

What specific telecommunications services are included in this lease agreement, and how do they align with the operational needs of the Immediate Office of the Secretary of Transportation?

The provided data does not specify the exact telecommunications services covered by the lease. These could range from dedicated network lines, internet access, voice services, or a combination thereof. Understanding these specifics is crucial to assess if the $9.95 million expenditure represents good value and directly supports the agency's mission-critical functions within the District of Columbia.

What was the justification for awarding this substantial lease agreement sole-source, and what steps were taken to ensure the price was fair and reasonable?

The justification for a sole-source award typically involves unique capabilities, urgent needs, or lack of other responsible sources. For this $9.95 million contract, the Department of Transportation would need to document why competitive procedures were not feasible. Ensuring price reasonableness often involves market research, historical pricing, or comparison to similar government contracts, though this data is absent here.

How effectively has Verizon Federal Inc. performed under this contract, and what is the plan for ensuring continued service or competitive re-procurement upon its expiration?

Performance data is not included, making an effectiveness assessment impossible. Upon expiration, the agency should conduct thorough market research to determine if competition is now feasible to secure better pricing and terms. A well-planned transition or re-procurement strategy is vital to avoid service interruptions and ensure taxpayer value.

Contractor Details

Parent Company: Verizon Communications Inc

Address: 1320 N. COURTHOUSE ROAD, 8TH FLOOR, ARLINGTON, VA, 22201

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $9,953,577

Exercised Options: $9,953,577

Current Obligation: $9,953,577

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Parent Contract

Parent Award PIID: GS00T03AHD0006

IDV Type: IDC

Timeline

Start Date: 2005-06-30

Current End Date: 2008-04-30

Potential End Date: 2008-04-30 00:00:00

Last Modified: 2022-04-01

More Contracts from Verizon Federal Inc.

View all Verizon Federal Inc. federal contracts →

Other Department of Transportation Contracts

View all Department of Transportation contracts →

Explore Related Government Spending