DoD's $22.6M Financial Management Support Contract Awarded to AJANTA-SPRY 8A JV, LLC

Contract Overview

Contract Amount: $22,577,301 ($22.6M)

Contractor: Ajanta-Spry 8A JV, LLC

Awarding Agency: Department of Defense

Start Date: 2015-03-09

End Date: 2021-07-08

Contract Duration: 2,313 days

Daily Burn Rate: $9.8K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 2

Pricing Type: FIXED PRICE LEVEL OF EFFORT

Sector: Other

Official Description: US AND UK FINANCIAL MANAGEMENT SUPPORT; IGF::CT::IGF

Place of Performance

Location: WASHINGTON NAVY YARD, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20374

State: District of Columbia Government Spending

Plain-Language Summary

Department of Defense obligated $22.6 million to AJANTA-SPRY 8A JV, LLC for work described as: US AND UK FINANCIAL MANAGEMENT SUPPORT; IGF::CT::IGF Key points: 1. Contract awarded for administrative and general management consulting services. 2. AJANTA-SPRY 8A JV, LLC, a small business, received the award. 3. The contract spans over 6 years, from March 2015 to July 2021. 4. Awarded under full and open competition after exclusion of sources. 5. Fixed Price Level of Effort contract type.

Value Assessment

Rating: good

The contract's fixed price level of effort structure suggests a defined scope and expected outcomes. Benchmarking against similar administrative and management consulting contracts would be necessary for a precise value assessment, but the award amount appears reasonable for a multi-year engagement.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, indicating a robust price discovery process. The exclusion of sources clause suggests specific criteria were met by the selected vendor, potentially impacting the breadth of competition but not necessarily the fairness of the process.

Taxpayer Impact: The competition method likely ensured a fair price for the services rendered, maximizing taxpayer value. The fixed price nature further controls costs.

Public Impact

Ensures continuity of essential financial management support for the Department of the Navy. Supports administrative and general management functions, contributing to operational efficiency. The contract's duration indicates a long-term need for these specialized services. Potential for improved financial processes and resource allocation within the DoD.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Exclusion of sources clause may limit broader competition.
Fixed Price Level of Effort can lead to cost overruns if scope creeps.

Positive Signals

Awarded to a small business (AJANTA-SPRY 8A JV, LLC).
Full and open competition ensures a competitive award.
Long contract duration suggests sustained need and potential for stable service delivery.

Sector Analysis

This contract falls within the professional, scientific, and technical services sector, specifically administrative management and general management consulting. Spending in this sector is substantial across government, supporting various agency functions and strategic initiatives.

Small Business Impact

The award to AJANTA-SPRY 8A JV, LLC, an 8(a) firm, demonstrates a commitment to supporting small businesses, particularly those from disadvantaged backgrounds. This aligns with federal procurement goals to foster small business participation.

Oversight & Accountability

The contract's duration and fixed-price nature suggest a need for diligent oversight to ensure performance standards are met and costs remain controlled. Regular performance reviews and financial monitoring are crucial.

Related Government Programs

Administrative Management and General Management Consulting Services
Department of Defense Contracting
Department of the Navy Programs

Risk Flags

Potential for limited competition due to 'exclusion of sources'.
Fixed Price Level of Effort risk if scope is not well-defined.
Contract duration may indicate a lack of long-term strategic solutions.
Need for robust oversight to ensure performance and cost control.

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $22.6 million to AJANTA-SPRY 8A JV, LLC. US AND UK FINANCIAL MANAGEMENT SUPPORT; IGF::CT::IGF

Who is the contractor on this award?

The obligated recipient is AJANTA-SPRY 8A JV, LLC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Navy).

What is the total obligated amount?

The obligated amount is $22.6 million.

What is the period of performance?

Start: 2015-03-09. End: 2021-07-08.

What specific financial management functions were supported by this contract, and how did they contribute to the Department of the Navy's mission effectiveness?

The contract provided administrative management and general management consulting services. These likely encompassed areas such as financial planning, budgeting, accounting operations, and resource management. By ensuring efficient and effective financial operations, the services directly supported the Department of the Navy's ability to allocate resources, manage expenditures, and ultimately execute its operational and strategic missions.

What were the key performance indicators (KPIs) for this contract, and how was AJANTA-SPRY 8A JV, LLC's performance measured against them?

While specific KPIs are not detailed in the provided data, typical metrics for such contracts include timeliness of financial reporting, accuracy of financial data, efficiency of budget execution, and client satisfaction. Performance would likely be assessed through regular progress reports, client feedback, and adherence to contract milestones and deliverables. The fixed price level of effort structure implies performance is tied to completing the defined scope within agreed-upon parameters.

How did the 'exclusion of sources' clause impact the overall cost-effectiveness and competitive landscape for this contract?

The 'exclusion of sources' clause suggests that only specific vendors meeting certain criteria were eligible, potentially narrowing the competitive field. While this can sometimes lead to higher prices if competition is significantly reduced, it can also ensure that the awarded vendor possesses highly specialized capabilities essential for the requirement. The impact on cost-effectiveness depends on whether the specialized nature of the selected vendor justified the potentially reduced competition.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Management, Scientific, and Technical Consulting Services › Administrative Management and General Management Consulting Services

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › MANAGEMENT SUPPORT SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 2

Pricing Type: FIXED PRICE LEVEL OF EFFORT (B)

Evaluated Preference: NONE

Contractor Details

Address: 2461 S CLARK ST STE 930-B, ARLINGTON, VA, 22202

Business Categories: Asian Pacific American Owned Business, Category Business, Minority Owned Business, Partnership or Limited Liability Partnership, SBA Certified 8 a Joint Venture, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $25,325,914

Exercised Options: $24,664,322

Current Obligation: $22,577,301

Actual Outlays: $1,471,390

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline