HUD's FHA Resource Center Services Contract Awarded to Leidos for $40.7M Over 5 Years

Contract Overview

Contract Amount: $40,744,655 ($40.7M)

Contractor: Leidos, Inc.

Awarding Agency: Department of Housing and Urban Development

Start Date: 2015-05-01

End Date: 2020-04-30

Contract Duration: 1,826 days

Daily Burn Rate: $22.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 5

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: FHA RESOURCE CENTER SERVICES IGF::OT::IGF

Place of Performance

Location: GAITHERSBURG, MONTGOMERY County, MARYLAND, 20879

State: Maryland Government Spending

Plain-Language Summary

Department of Housing and Urban Development obligated $40.7 million to LEIDOS, INC. for work described as: FHA RESOURCE CENTER SERVICES IGF::OT::IGF Key points: 1. Leidos, Inc. secured a significant contract for FHA Resource Center Services. 2. The contract was awarded under full and open competition. 3. The total value of the contract is approximately $40.7 million. 4. Services are categorized under 'All Other Information Services'. 5. The contract duration spans five years.

Value Assessment

Rating: good

The contract value of $40.7M over five years appears reasonable for comprehensive resource center services. Benchmarking against similar large-scale information service contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Awarded through full and open competition, this method generally promotes competitive pricing and ensures the government receives the best value. The pricing discovery process was likely robust due to multiple bidders.

Taxpayer Impact: The competitive nature of the award suggests taxpayers are likely benefiting from a fair market price for these essential services.

Public Impact

Ensures continued support for FHA programs and services. Impacts homeowners, potential buyers, and housing professionals interacting with FHA. Maintains critical information infrastructure for a major government housing agency.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Information Technology and Professional Services sector. Spending benchmarks for similar outsourced government information services vary widely based on scope and complexity, but $40.7M over five years is a substantial investment.

Small Business Impact

The data does not indicate any specific set-asides for small businesses. The prime contractor, Leidos, Inc., is a large business, suggesting limited direct opportunities for small businesses unless they are subcontractors.

Oversight & Accountability

The contract was awarded by the Department of Housing and Urban Development. Standard oversight mechanisms for federal contracts would apply, including performance monitoring and financial reviews.

Related Government Programs

Risk Flags

Tags

all-other-information-services, department-of-housing-and-urban-developm, md, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Housing and Urban Development awarded $40.7 million to LEIDOS, INC.. FHA RESOURCE CENTER SERVICES IGF::OT::IGF

Who is the contractor on this award?

The obligated recipient is LEIDOS, INC..

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 $40.7 million.

What is the period of performance?

Start: 2015-05-01. End: 2020-04-30.

What specific services are included under 'FHA Resource Center Services' and how do they align with FHA's mission objectives?

FHA Resource Center Services likely encompass a broad range of support functions, including call centers, technical assistance, information dissemination, and potentially back-office processing for FHA programs. These services are crucial for facilitating FHA's mission of making homeownership more accessible and affordable by insuring mortgages for low-to-moderate income borrowers and first-time homebuyers.

How does the $40.7M contract value compare to historical spending on similar FHA support services?

A direct comparison requires historical data on previous FHA resource center contracts. However, considering inflation and potential expansion of FHA programs, this value may reflect increased demand or scope. A detailed analysis of contract line items and service levels against past expenditures is necessary for a precise value assessment.

What performance metrics are in place to ensure the effectiveness and efficiency of Leidos's service delivery?

Effective federal contracts typically include Key Performance Indicators (KPIs) and Service Level Agreements (SLAs) that measure aspects like response times, resolution rates, customer satisfaction, and adherence to FHA policies. The contract's effectiveness hinges on robust monitoring of these metrics by HUD to ensure quality service and taxpayer value.

Industry Classification

NAICS: InformationOther Information ServicesAll Other Information 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: DU100H-14-R-0001

Offers Received: 5

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Leidos Holdings, Inc. (UEI: 611641312)

Address: 700 N FREDERICK AVE, GAITHERSBURG, MD, 20879

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

Financial Breakdown

Contract Ceiling: $40,794,803

Exercised Options: $40,794,803

Current Obligation: $40,744,655

Actual Outlays: $3,704,706

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS00V08PDD0065

IDV Type: IDC

Timeline

Start Date: 2015-05-01

Current End Date: 2020-04-30

Potential End Date: 2020-04-30 00:00:00

Last Modified: 2020-04-21

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