Treasury's OCC Spends $12.3M on Document Management Support Services with Booz Allen Hamilton
Contract Overview
Contract Amount: $12,377,145 ($12.4M)
Contractor: Booz Allen Hamilton Inc.
Awarding Agency: Department of the Treasury
Start Date: 2006-02-08
End Date: 2018-03-30
Contract Duration: 4,433 days
Daily Burn Rate: $2.8K/day
Competition Type: COMPETITIVE DELIVERY ORDER
Number of Offers Received: 7
Pricing Type: COST PLUS FIXED FEE
Sector: IT
Official Description: TAS::20 8413::TAS DOCUMENT MANAGEMENT SUPPORT SERVICES
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20219
Plain-Language Summary
Department of the Treasury obligated $12.4 million to BOOZ ALLEN HAMILTON INC. for work described as: TAS::20 8413::TAS DOCUMENT MANAGEMENT SUPPORT SERVICES Key points: 1. Significant contract value of $12.3 million over its period of performance. 2. Booz Allen Hamilton Inc. is the sole awardee, raising questions about competition. 3. The contract falls under Computer Systems Design Services, a common IT sector. 4. Long duration (2006-2018) suggests a potentially stable, long-term need.
Value Assessment
Rating: fair
The contract type is Cost Plus Fixed Fee, which can lead to cost overruns if not managed tightly. Without specific performance metrics or benchmarks, assessing the value for money is challenging.
Cost Per Unit: N/A
Competition Analysis
Competition Level: limited
Awarded as a Delivery Order, the specific competition method is unclear but likely limited given the single awardee. This limits price discovery and potentially increases costs.
Taxpayer Impact: Taxpayer funds were used for this contract. The lack of robust competition may have resulted in a higher price than could have been achieved through a more open process.
Public Impact
Ensured continuity of essential document management support for the OCC. Provided specialized IT services to a key financial regulatory agency. Supported federal operations through a long-term service contract.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Limited competition
- Cost-plus contract type
- Long contract duration
Positive Signals
- Provided essential services
- Awarded to a well-known contractor
Sector Analysis
This contract falls within the IT sector, specifically Computer Systems Design Services. Spending in this area is substantial across the federal government, supporting various agency functions.
Small Business Impact
The contract was not awarded to a small business. There is no indication of subcontracting opportunities for small businesses within the provided data.
Oversight & Accountability
The contract was awarded as a Delivery Order, implying it was part of a larger indefinite-delivery/indefinite-quantity (IDIQ) contract. Oversight would depend on the management of that parent contract.
Related Government Programs
- Computer Systems Design Services
- Department of the Treasury Contracting
- Office of the Comptroller of the Currency Programs
Risk Flags
- Potential for overspending due to Cost Plus Fixed Fee structure.
- Lack of demonstrated full and open competition.
- Long contract duration may indicate a lack of market research for newer solutions.
- No clear indication of performance metrics or value achieved.
Tags
computer-systems-design-services, department-of-the-treasury, dc, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $12.4 million to BOOZ ALLEN HAMILTON INC.. TAS::20 8413::TAS DOCUMENT MANAGEMENT SUPPORT SERVICES
Who is the contractor on this award?
The obligated recipient is BOOZ ALLEN HAMILTON INC..
Which agency awarded this contract?
Awarding agency: Department of the Treasury (Office of the Comptroller of the Currency).
What is the total obligated amount?
The obligated amount is $12.4 million.
What is the period of performance?
Start: 2006-02-08. End: 2018-03-30.
What was the specific justification for limiting competition for this document management support services contract?
The provided data does not specify the justification for limited competition. Typically, justifications might include urgency, specialized capabilities, or being a logical follow-on to a previous contract. Further investigation into the contract award file would be needed to determine the precise reason.
How did the Cost Plus Fixed Fee structure impact the final cost and contractor performance?
Cost Plus Fixed Fee contracts allow the contractor to recover costs plus a fixed fee. While providing flexibility, they can incentivize cost overruns if not closely monitored. Without detailed performance reports and final cost breakdowns, it's difficult to assess if this structure was efficient or led to excessive spending.
What was the overall effectiveness of Booz Allen Hamilton's document management support services for the OCC?
The effectiveness of the services is not detailed in the provided data. Success would typically be measured by factors like system uptime, data integrity, user satisfaction, and adherence to regulatory requirements. The long duration suggests a level of satisfaction, but specific performance metrics are absent.
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: COMPETITIVE DELIVERY ORDER
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Offers Received: 7
Pricing Type: COST PLUS FIXED FEE (U)
Evaluated Preference: NONE
Contractor Details
Parent Company: Booz Allen Hamilton Holding Corporation (UEI: 964725688)
Address: 1953 GALLOWS RD STE 600, VIENNA, VA, 22182
Business Categories: Category Business, Not Designated a Small Business
Financial Breakdown
Contract Ceiling: $12,377,145
Exercised Options: $12,377,145
Current Obligation: $12,377,145
Contract Characteristics
Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED
Parent Contract
Parent Award PIID: TIRNO06D00026
IDV Type: IDC
Timeline
Start Date: 2006-02-08
Current End Date: 2018-03-30
Potential End Date: 2018-03-30 00:00:00
Last Modified: 2018-04-03
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