SEC awards $28M IT contract to Accenture for Computer Systems Design Services under full and open competition
Contract Overview
Contract Amount: $28,023,486 ($28.0M)
Contractor: Accenture Federal Services LLC
Awarding Agency: Securities and Exchange Commission
Start Date: 2015-08-26
End Date: 2021-02-25
Contract Duration: 2,010 days
Daily Burn Rate: $13.9K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: IGF::OT::IGF FOR OTHER FUNCTIONS VEHICLE ARE APPLICABLE TO THIS TASK ORDER.
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20549
Plain-Language Summary
Securities and Exchange Commission obligated $28.0 million to ACCENTURE FEDERAL SERVICES LLC for work described as: IGF::OT::IGF FOR OTHER FUNCTIONS VEHICLE ARE APPLICABLE TO THIS TASK ORDER. Key points: 1. Contract value of $28M for IT services. 2. Accenture Federal Services LLC is the prime contractor. 3. Competition was full and open, suggesting potential for competitive pricing. 4. Services fall under Computer Systems Design, a common IT sector.
Value Assessment
Rating: good
The contract value of $28M for Computer Systems Design Services appears reasonable given the 6-year duration. Benchmarking against similar IT service contracts would provide a more precise assessment of value.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, which typically allows for a broad range of bidders and can lead to more competitive pricing and better price discovery.
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
Supports critical IT infrastructure for the Securities and Exchange Commission. Ensures continued operation of essential government systems. Potential for innovation and efficiency improvements in IT services.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Positive Signals
- Full and open competition
- Long-term contract providing stability
- Firm Fixed Price contract type
Sector Analysis
This contract falls within the Information Technology sector, specifically Computer Systems Design Services. Spending in this area is substantial across federal agencies, supporting a wide range of digital operations.
Small Business Impact
The data indicates that small businesses were not prime contractors on this award, as the prime contractor is Accenture Federal Services LLC. Further analysis would be needed to determine if small businesses participated as subcontractors.
Oversight & Accountability
The contract was awarded by the Securities and Exchange Commission, an agency with established oversight mechanisms. The firm fixed price structure provides some cost control, but ongoing performance monitoring is crucial.
Related Government Programs
- Computer Systems Design Services
- Securities and Exchange Commission Contracting
- Securities and Exchange Commission Programs
Risk Flags
- Contract duration may be long for rapidly evolving IT services.
- Lack of small business prime participation.
- Specific deliverables and performance metrics not detailed.
Tags
computer-systems-design-services, securities-and-exchange-commission, dc, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Securities and Exchange Commission awarded $28.0 million to ACCENTURE FEDERAL SERVICES LLC. IGF::OT::IGF FOR OTHER FUNCTIONS VEHICLE ARE APPLICABLE TO THIS TASK ORDER.
Who is the contractor on this award?
The obligated recipient is ACCENTURE FEDERAL SERVICES LLC.
Which agency awarded this contract?
Awarding agency: Securities and Exchange Commission (Securities and Exchange Commission).
What is the total obligated amount?
The obligated amount is $28.0 million.
What is the period of performance?
Start: 2015-08-26. End: 2021-02-25.
What specific IT systems or services are covered under this contract?
The contract is for 'Computer Systems Design Services' (NAICS 541512). While the specific systems are not detailed in the provided data, this category typically includes services like designing computer systems that integrate hardware, software, and communication technologies, as well as consulting services related to these systems.
What is the potential impact of the firm fixed price contract type on cost savings?
A firm fixed price (FFP) contract type generally shifts cost risk to the contractor. This can incentivize the contractor to manage costs efficiently to maximize profit. For the government, it provides budget certainty, as the price is fixed regardless of the contractor's actual costs.
How does the duration of the contract (2015-2021) align with the typical lifecycle of IT systems?
A six-year contract duration for IT services is relatively long, especially considering the rapid pace of technological change. While it offers stability, it also raises questions about whether the services and pricing remained optimal throughout the period, or if opportunities for modernization or re-competition were missed.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Computer Systems Design Services
Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS › ADP AND TELECOMMUNICATIONS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: SECHQ115R0018
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: Accenture Public Limited Company
Address: 800 NORTH GLEBE RD #300, ARLINGTON, VA, 22203
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $28,023,486
Exercised Options: $28,023,486
Current Obligation: $28,023,486
Actual Outlays: $8,592,779
Subaward Activity
Number of Subawards: 113
Total Subaward Amount: $5,521,982
Contract Characteristics
Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED
Parent Contract
Parent Award PIID: HHSN316201200002W
IDV Type: GWAC
Timeline
Start Date: 2015-08-26
Current End Date: 2021-02-25
Potential End Date: 2021-02-25 00:00:00
Last Modified: 2022-04-02
More Contracts from Accenture Federal Services LLC
- - Tivod Supports the Origination, Disbursement, and Reporting of Title IV Federal Student AID Programs, Including - BUT NOT Limited to - Direct Loans, Pell Grants, and the Teacher Education Assistance for College and Higher Education Grants. the Title IV Solution Shall Also Provide Ongoing Support for the Discontinued Title IV Federal Student AID Programs, Including - BUT NOT Limited to - Academic Competitiveness Grants and National Science and Mathematics Access to Retain Talent Grants — $1.5B (Department of Education)
- This Task Order IS for an Enterprise-Wide Digital and Customer Care Platforms and Services Solution (enterprise-Wide Digital and Customer Care Solution, AKA Ewdccps, AKA DCC) That Will Enable an Fsa-Branded Omni-Channel Engagement Approach LED by a Mobile-First, Mobile-Complete, and Mobile-Continuous Digital Platform Supporting the Complete Lifecycle of Student Financing — $851.5M (Department of Education)
- FFM — $829.6M (Department of Health and Human Services)
- Award for Unified Enterprise Resource Planning Capability Support Services — $823.2M (Department of Defense)
- Federally Facilitated Exchange (FFE) — $787.2M (Department of Health and Human Services)
Other Securities and Exchange Commission Contracts
- Infrastructure Support Services (ISS) Igf::ot::igf — $461.3M (General Dynamics Information Technology, Inc.)
- Information Systems Testing and Compliance Support Services — $185.5M (Booz Allen Hamilton Inc)
- SEC Enterprise Edgar System Support Services — $159.5M (Maximus Federal Consulting, LLC)
- Reconstructed the Corrupted Fssp Conversion Document — $158.0M (Amentum Services, Inc.)
- FOR Other Functions Operations and Maintenance Support for Software Applications — $150.9M (Maximus Federal Consulting, LLC)