DoD Awards $19.2M Contract for Human Resource IT Services to Imagine Believe Realize LLC
Contract Overview
Contract Amount: $19,199,715 ($19.2M)
Contractor: Imagine Believe Realize LLC
Awarding Agency: Department of Defense
Start Date: 2023-09-15
End Date: 2026-09-25
Contract Duration: 1,106 days
Daily Burn Rate: $17.4K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 4
Pricing Type: COST PLUS FIXED FEE
Sector: IT
Official Description: HUMAN RESOURCE IT SERVICES
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20301
Plain-Language Summary
Department of Defense obligated $19.2 million to IMAGINE BELIEVE REALIZE LLC for work described as: HUMAN RESOURCE IT SERVICES Key points: 1. Contract awarded through full and open competition, suggesting a competitive bidding process. 2. The contract value of $19.2 million over approximately 3 years indicates significant investment in HR IT. 3. Potential risk lies in the Cost Plus Fixed Fee pricing structure, which can lead to cost overruns. 4. The IT services sector is broad; specific HR IT functions will determine the true sector impact.
Value Assessment
Rating: fair
The contract value of $19.2 million for approximately 3 years suggests a moderate annual spend. Benchmarking against similar HR IT service contracts would be necessary to fully assess value, especially given the Cost Plus Fixed Fee structure.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, which typically fosters competitive pricing. However, the Cost Plus Fixed Fee (CPFF) contract type allows for costs to be reimbursed plus a fixed fee, which may not always result in the lowest possible price compared to fixed-price contracts.
Taxpayer Impact: The competitive award process aims to secure fair pricing for taxpayers. The CPFF structure, however, warrants close monitoring to ensure costs remain reasonable and do not inflate the final taxpayer burden.
Public Impact
Enhances human resource management capabilities within the Department of the Navy. Supports critical HR functions through IT solutions, potentially improving efficiency and data accuracy. Impacts personnel and administrative operations, affecting service members and civilian employees. The specific IT services provided will determine the extent of technological advancement in HR processes.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Cost Plus Fixed Fee pricing structure
- Potential for cost overruns
- Limited visibility into specific IT services provided
Positive Signals
- Awarded via full and open competition
- Supports critical HR functions
- Long-term contract duration allows for sustained support
Sector Analysis
This contract falls within the broader IT services sector, specifically focusing on Human Resources technology. Spending benchmarks for HR IT services can vary widely based on the scope of services, such as payroll, benefits administration, talent management, and HR analytics.
Small Business Impact
The data indicates the award went to 'IMAGINE BELIEVE REALIZE LLC'. Further analysis is needed to determine if this is a small business and if subcontracting opportunities for small businesses are included in the contract.
Oversight & Accountability
The Department of the Navy is responsible for oversight. The Cost Plus Fixed Fee structure necessitates robust financial oversight and auditing to ensure costs are reasonable and allocable to the contract.
Related Government Programs
- Engineering Services
- Department of Defense Contracting
- Department of the Navy Programs
Risk Flags
- Cost Plus Fixed Fee pricing structure
- Potential for cost overruns
- Lack of specific service details
- Need for detailed performance metrics
- Contractor's past performance not detailed
Tags
engineering-services, department-of-defense, dc, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $19.2 million to IMAGINE BELIEVE REALIZE LLC. HUMAN RESOURCE IT SERVICES
Who is the contractor on this award?
The obligated recipient is IMAGINE BELIEVE REALIZE 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 $19.2 million.
What is the period of performance?
Start: 2023-09-15. End: 2026-09-25.
What specific HR IT services are included under this contract, and how do they align with the Department of the Navy's strategic HR goals?
The provided data does not specify the exact HR IT services. These could range from modernizing HR information systems, implementing new talent management platforms, enhancing payroll and benefits administration, or developing advanced HR analytics tools. Understanding these specifics is crucial to assess their alignment with the Navy's strategic objectives for workforce management and operational efficiency.
What are the potential risks associated with the Cost Plus Fixed Fee (CPFF) structure for this $19.2 million HR IT services contract?
The primary risk with CPFF is that the contractor may have less incentive to control costs compared to fixed-price contracts, as costs are reimbursed. This could lead to cost overruns beyond the initial estimates, increasing the final price paid by the government. Effective oversight and clear definition of allowable costs are critical to mitigate this risk.
How will the effectiveness of these HR IT services be measured to ensure optimal value and performance for the Department of the Navy?
Effectiveness will likely be measured through Key Performance Indicators (KPIs) tied to the specific HR IT services delivered. This could include metrics related to system uptime, user satisfaction, processing times for HR transactions (e.g., payroll, onboarding), data accuracy, and the achievement of specific project milestones. Regular performance reviews and feedback mechanisms are essential.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Architectural, Engineering, and Related Services › Engineering 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: N0018923R3019
Offers Received: 4
Pricing Type: COST PLUS FIXED FEE (U)
Evaluated Preference: NONE
Contractor Details
Address: 1017 PATHFINDER WAY, ROCKLEDGE, FL, 32955
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $20,194,354
Exercised Options: $20,194,354
Current Obligation: $19,199,715
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: N0017819D7800
IDV Type: IDC
Timeline
Start Date: 2023-09-15
Current End Date: 2026-09-25
Potential End Date: 2026-09-25 00:00:00
Last Modified: 2025-11-05
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