GSA's $26.4M CGI Federal Contract for PEGASYS Financial Operations: Full and Open Competition
Contract Overview
Contract Amount: $26,362,572 ($26.4M)
Contractor: CGI Federal Inc.
Awarding Agency: General Services Administration
Start Date: 2014-05-01
End Date: 2016-03-31
Contract Duration: 700 days
Daily Burn Rate: $37.7K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: PEGASYS MOMENTUM FINANCIAL OPERATION&MAINTENANCE IGF::CT::IGF
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20405
Plain-Language Summary
General Services Administration obligated $26.4 million to CGI FEDERAL INC. for work described as: PEGASYS MOMENTUM FINANCIAL OPERATION&MAINTENANCE IGF::CT::IGF Key points: 1. Contract Value: $26.4 million over two years. 2. Competition: Awarded under full and open competition. 3. Risk: Firm Fixed Price contract type mitigates cost overrun risk. 4. Sector: Information Technology (Other Computer Related Services).
Value Assessment
Rating: good
The contract's firm fixed price structure suggests a clear understanding of costs. Benchmarking against similar IT services contracts of this size and scope would be beneficial for a more precise value assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
Awarded through full and open competition, indicating a robust price discovery process. The firm fixed price contract type further supports competitive pricing.
Taxpayer Impact: The competitive award process likely ensured a fair price, maximizing taxpayer value for the IT services procured.
Public Impact
Ensures continued operation of critical financial systems. Supports government financial management and reporting. Provides essential IT services to a key federal agency.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for vendor lock-in if renewal occurs without re-competition.
- Reliance on a single vendor for critical financial operations.
Positive Signals
- Firm Fixed Price contract limits cost uncertainty.
- Awarded via Full and Open Competition.
Sector Analysis
This contract falls within the IT services sector, specifically 'Other Computer Related Services'. Spending in this area is substantial across government, with benchmarks varying widely based on service type and complexity.
Small Business Impact
The data does not indicate any specific set-aside for small businesses. Further analysis would be needed to determine if small businesses had an opportunity to participate or subcontract.
Oversight & Accountability
The General Services Administration (GSA) is responsible for this contract. Oversight would typically involve contract management reviews and performance monitoring by the GSA contracting officer.
Related Government Programs
- Other Computer Related Services
- General Services Administration Contracting
- Office of the Administrator Programs
Risk Flags
- Vendor Lock-in Risk
- Critical System Dependency
- Potential for Scope Creep if not managed
- Need for Ongoing Market Research
Tags
other-computer-related-services, general-services-administration, dc, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
General Services Administration awarded $26.4 million to CGI FEDERAL INC.. PEGASYS MOMENTUM FINANCIAL OPERATION&MAINTENANCE IGF::CT::IGF
Who is the contractor on this award?
The obligated recipient is CGI FEDERAL INC..
Which agency awarded this contract?
Awarding agency: General Services Administration (Office of the Administrator).
What is the total obligated amount?
The obligated amount is $26.4 million.
What is the period of performance?
Start: 2014-05-01. End: 2016-03-31.
What is the specific nature of the PEGASYS financial operations supported by this contract?
The PEGASYS system likely supports core financial management functions for the GSA's Office of the Administrator. This could include accounting, budgeting, financial reporting, and potentially procurement or asset management. Understanding the system's criticality and user base would provide further context on the value of these services.
What are the key performance indicators (KPIs) used to measure the success of this contract?
Key performance indicators would likely focus on system uptime, response times, data accuracy, and adherence to financial reporting deadlines. The firm fixed price nature suggests that meeting defined service levels is paramount. The contracting officer's representative would monitor these KPIs to ensure contractor performance meets agency needs.
How does the cost of this contract compare to industry benchmarks for similar IT financial operations support?
Without specific details on the services provided and the complexity of the PEGASYS system, a precise benchmark is difficult. However, the $26.4 million value over two years for comprehensive financial operations support appears within a reasonable range for a federal agency, especially given the competitive award.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Other 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
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: CGI Inc (UEI: 248513116)
Address: 12601 FAIR LAKES CIRCLE, FAIRFAX, VA, 22033
Business Categories: Category Business, Not Designated a Small Business
Financial Breakdown
Contract Ceiling: $32,276,392
Exercised Options: $26,362,572
Current Obligation: $26,362,572
Contract Characteristics
Commercial Item: COMMERCIAL ITEM
Parent Contract
Parent Award PIID: GS35F4797H
IDV Type: FSS
Timeline
Start Date: 2014-05-01
Current End Date: 2016-03-31
Potential End Date: 2016-03-31 00:00:00
Last Modified: 2015-10-26
More Contracts from CGI Federal Inc.
- Award - to Re-Obligate Funds Usda De-Obligated to — $783.3M (Department of Veterans Affairs)
- Passport Production Support Services (ppss)igf::ot::igf — $620.0M (Department of State)
- Operation of the Tucson Passport Center and Arkansas Passport Center — $401.9M (Department of State)
- Dynamic and Evolving Federal Enterprise Network Defense Group C Defend C — $336.2M (General Services Administration)
- TO Provide Comprehensive Onsite Management, Administration, and Processing Support AT Three (3) Passport Centers, and Twenty Four (24) Passport Agencies Nationwide. Both Initial and Renewal of Passport Books/Card Applications ARE Processed Under This — $324.1M (Department of State)
Other General Services Administration Contracts
- Software Life Cycle Development — $1.4B (Science Applications International Corporation)
- Task Order (TO) 47qfca21f0018 IS Hereby Awarded to Booz Allen Hamilton, Inc. (BAH) to Provide Enterprise Level Data to the Ousd(c), and ITS Strategic Partners (I.E., DOD Fourth Estate, DOD Departments, and IC Community) — $1.4B (Booz Allen Hamilton Inc)
- Federal Contract — $1.2B (Booz Allen Hamilton Inc)
- THE Scope of the to IS to Provide Enterprise IT Services for the Usace — $1.1B (Science Applications International Corporation)
- Task Order Award — $1.1B (Booz Allen Hamilton Inc)