NSF Awards Booz Allen Hamilton $22.87M for Accounting Services via Full and Open Competition

Contract Overview

Contract Amount: $22,868,922 ($22.9M)

Contractor: Booz Allen Hamilton Inc

Awarding Agency: National Science Foundation

Start Date: 2011-04-03

End Date: 2016-08-30

Contract Duration: 1,976 days

Daily Burn Rate: $11.6K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: TIME AND MATERIALS

Sector: Other

Official Description: AWARD MONITORING AND OVERSIGHT SUPPORT SERVICES

Place of Performance

Location: ARLINGTON, ARLINGTON County, VIRGINIA, 22230

State: Virginia Government Spending

Plain-Language Summary

National Science Foundation obligated $22.9 million to BOOZ ALLEN HAMILTON INC for work described as: AWARD MONITORING AND OVERSIGHT SUPPORT SERVICES Key points: 1. Significant contract value for specialized accounting support services. 2. Booz Allen Hamilton, a large established firm, holds the contract. 3. Competition was full and open, suggesting potential for competitive pricing. 4. The sector is Other Accounting Services, a common area for government support.

Value Assessment

Rating: good

The contract value of $22.87M over approximately 5 years suggests a reasonable annual spend. Benchmarking against similar large-scale accounting support contracts would be needed for a precise assessment, but the full and open competition method implies pricing was likely vetted against market rates.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and allows the agency to select the best value offer.

Taxpayer Impact: The use of full and open competition is taxpayer-favorable as it aims to secure the best possible price and service through market forces.

Public Impact

Ensures continued financial management and oversight for NSF programs. Supports critical accounting functions necessary for government operations. Provides stability for the awarded contractor and its employees.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Contract duration is relatively long (5 years).
No small business participation noted.

Positive Signals

Full and open competition utilized.
Awarded to a well-established contractor.

Sector Analysis

This contract falls under Other Accounting Services, a broad category encompassing financial management, auditing, and accounting operations. Government spending in this area is typically driven by the need for robust financial controls and compliance.

Small Business Impact

The data indicates that this contract was not awarded to a small business. Further analysis would be required to determine if small business set-aside goals were considered or if opportunities were missed for small business participation in this procurement.

Oversight & Accountability

The contract was awarded by the National Science Foundation (NSF) and monitored by the agency itself. Oversight would involve ensuring Booz Allen Hamilton meets the terms of the contract and delivers the required services effectively.

Related Government Programs

Other Accounting Services
National Science Foundation Contracting
National Science Foundation Programs

Risk Flags

Potential for cost creep with Time and Materials contract type.
Lack of small business participation.
Long contract duration may reduce future competitive opportunities.
Specific performance metrics and oversight details are not provided.

Frequently Asked Questions

What is this federal contract paying for?

National Science Foundation awarded $22.9 million to BOOZ ALLEN HAMILTON INC. AWARD MONITORING AND OVERSIGHT SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is BOOZ ALLEN HAMILTON INC.

Which agency awarded this contract?

Awarding agency: National Science Foundation (National Science Foundation).

What is the total obligated amount?

The obligated amount is $22.9 million.

What is the period of performance?

Start: 2011-04-03. End: 2016-08-30.

What specific accounting services are being provided under this contract, and how do they align with NSF's core mission objectives?

The contract is for 'AWARD MONITORING AND OVERSIGHT SUPPORT SERVICES'. This likely includes functions such as financial reporting, grant accounting, budget analysis, and compliance monitoring related to NSF's research grants and operational budgets. These services are crucial for ensuring fiscal responsibility and effective allocation of funds towards scientific advancement, directly supporting NSF's mission.

Given the full and open competition, what was the range of bids received, and how did Booz Allen Hamilton's proposal compare in terms of cost and technical merit?

While the provided data confirms full and open competition, it does not include the number of bids received or the specifics of the evaluation process. A deeper dive into the contract award file would be necessary to ascertain the competitive landscape, the pricing structure of competing proposals, and the justification for selecting Booz Allen Hamilton based on both cost and technical factors.

What mechanisms are in place to ensure the ongoing effectiveness and value for money of these services throughout the contract's duration?

Effectiveness and value are typically ensured through performance metrics, regular progress reviews, and defined deliverables outlined in the contract. The NSF would monitor contractor performance against these standards. The Time and Materials pricing structure, while flexible, requires diligent oversight to prevent cost overruns and ensure that the services provided remain aligned with evolving agency needs and deliver demonstrable value.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Accounting, Tax Preparation, Bookkeeping, and Payroll Services › Other Accounting Services

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: DACS11Q2107

Offers Received: 1

Pricing Type: TIME AND MATERIALS (Y)

Evaluated Preference: NONE

Contractor Details

Parent Company: Booz Allen Hamilton Holding Corporation

Address: 8283 GREENSBORO DR # 700, MC LEAN, VA, 22102

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

Financial Breakdown

Contract Ceiling: $26,627,094

Exercised Options: $26,627,094

Current Obligation: $22,868,922

Subaward Activity

Number of Subawards: 1

Total Subaward Amount: $261,524

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Parent Contract

Parent Award PIID: GS23F0109L

IDV Type: FSS

Timeline