DoD awards $12.5M task order to Deloitte for professional services, highlighting potential cost efficiencies

Contract Overview

Contract Amount: $12,477,710 ($12.5M)

Contractor: Deloitte Consulting LLP

Awarding Agency: Department of Defense

Start Date: 2024-03-13

End Date: 2026-03-12

Contract Duration: 729 days

Daily Burn Rate: $17.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: Other

Official Description: MORTAL MINT PROJECT TASK ORDER

Place of Performance

Location: TAMPA, HILLSBOROUGH County, FLORIDA, 33612

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $12.5 million to DELOITTE CONSULTING LLP for work described as: MORTAL MINT PROJECT TASK ORDER Key points: 1. Significant contract value of $12.5M for specialized technical services. 2. Deloitte Consulting LLP, a major player, secured the award. 3. Risk of cost overruns in Cost Plus Fixed Fee contracts. 4. Services fall under 'All Other Professional, Scientific, and Technical Services' sector.

Value Assessment

Rating: fair

The Cost Plus Fixed Fee (CPFF) contract type carries inherent risk for cost overruns. While a fixed fee provides some predictability, the government bears the cost of performance. Benchmarking CPFF contracts in this service category is challenging without detailed scope.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a robust price discovery process. This method typically leads to more competitive pricing by allowing all eligible vendors to bid.

Taxpayer Impact: Full and open competition generally benefits taxpayers by fostering a competitive environment that can drive down costs and improve service quality.

Public Impact

Taxpayers may benefit from competitive pricing due to the full and open competition. The duration of the contract (729 days) indicates a substantial, ongoing need for these services. Potential for innovation and efficiency gains from a leading contractor like Deloitte.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Cost Plus Fixed Fee contract type can lead to cost overruns.
Lack of specific performance metrics makes it hard to assess value.
Contract duration is significant, requiring ongoing monitoring.

Positive Signals

Awarded under full and open competition.
Contractor is a well-established firm.
Clear start and end dates for the task order.

Sector Analysis

The 'All Other Professional, Scientific, and Technical Services' sector is broad and encompasses a wide range of specialized expertise. Spending benchmarks for this category can vary significantly based on the specific nature of the services provided.

Small Business Impact

The contract was awarded to Deloitte Consulting LLP, a large business. There is no indication of small business participation in this specific task order, which could be an area for future consideration.

Oversight & Accountability

The Department of the Air Force is the awarding agency. Oversight will be crucial to manage the CPFF contract effectively and ensure the government receives value for its investment, particularly regarding cost control.

Related Government Programs

All Other Professional, Scientific, and Technical Services
Department of Defense Contracting
Department of the Air Force Programs

Risk Flags

Cost Plus Fixed Fee contract type.
Broad service category lacks specificity.
No clear performance metrics provided.
Potential for cost overruns.

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $12.5 million to DELOITTE CONSULTING LLP. MORTAL MINT PROJECT TASK ORDER

Who is the contractor on this award?

The obligated recipient is DELOITTE CONSULTING LLP.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Air Force).

What is the total obligated amount?

The obligated amount is $12.5 million.

What is the period of performance?

Start: 2024-03-13. End: 2026-03-12.

What specific technical services are included in the 'MORTAL MINT PROJECT TASK ORDER' to justify the $12.5M value?

The provided data lacks specific details on the 'MORTAL MINT PROJECT TASK ORDER' beyond its broad classification. To assess value, a breakdown of the services, deliverables, and the specific technical expertise required would be necessary. Understanding the project's objectives and expected outcomes is crucial for determining if the $12.5M represents a fair price for the anticipated work.

What are the primary risks associated with the Cost Plus Fixed Fee contract type for this project?

The primary risk with a Cost Plus Fixed Fee (CPFF) contract is the potential for cost overruns, as the government assumes the cost of performance. While the fee is fixed, the contractor has less incentive to control costs compared to fixed-price contracts. Effective oversight is critical to monitor expenditures and ensure the project stays within budget expectations.

How will the effectiveness of Deloitte's performance be measured under this task order?

Effectiveness measurement is not detailed in the provided data. Typically, CPFF contracts rely on performance metrics, key performance indicators (KPIs), and regular progress reports. The Department of the Air Force would need to establish clear criteria and milestones to evaluate Deloitte's performance and ensure the successful completion of the project's objectives.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Other Professional, Scientific, and Technical Services › All Other Professional, Scientific, and Technical 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

Offers Received: 1

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Parent Company: Deloitte Financial Advisory Services LLP

Address: 1919 N LYNN ST, ARLINGTON, VA, 22209

Business Categories: Category Business, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $19,070,032

Exercised Options: $12,477,710

Current Obligation: $12,477,710

Actual Outlays: $2,514,296

Subaward Activity

Number of Subawards: 4

Total Subaward Amount: $1,222,805

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: FA714619D0720

IDV Type: IDC

Timeline