Treasury's IRS spent $27.6M on managed seized assets and intelligence analysis services from AS AND D, LLC

Contract Overview

Contract Amount: $27,559,357 ($27.6M)

Contractor: AS and D, LLC

Awarding Agency: Department of the Treasury

Start Date: 2005-12-13

End Date: 2008-09-30

Contract Duration: 1,022 days

Daily Burn Rate: $27.0K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 5

Pricing Type: LABOR HOURS

Sector: Other

Official Description: MANAGED SEIZED ASSETS & INTELL ANALYST

Place of Performance

Location: ARLINGTON, ARLINGTON County, VIRGINIA, 22201

State: Virginia Government Spending

Plain-Language Summary

Department of the Treasury obligated $27.6 million to AS AND D, LLC for work described as: MANAGED SEIZED ASSETS & INTELL ANALYST Key points: 1. The contract value of $27.6 million over approximately three years represents a significant investment in specialized analytical services. 2. Competition was conducted under 'full and open competition after exclusion of sources,' suggesting a potentially complex procurement process. 3. The contract's duration and value indicate a need for sustained support in managing seized assets and intelligence. 4. The primary service category, Administrative Management and General Management Consulting Services, points to a focus on operational efficiency and strategic support. 5. The contract was awarded to AS AND D, LLC, highlighting the role of specialized contractors in government functions. 6. The 'VA' (Virginia) state designation for the contractor suggests a concentration of administrative or operational functions within that region.

Value Assessment

Rating: fair

Benchmarking the value-for-money for this contract is challenging without specific performance metrics or comparable contract data. The total award of $27.6 million over roughly three years averages to about $9.2 million annually. This figure needs to be assessed against the scope and complexity of managing seized assets and intelligence analysis, which can be highly specialized and resource-intensive. Without detailed service delivery reports or independent cost-benefit analyses, it's difficult to definitively state if this represents excellent or questionable value. However, the sustained funding suggests the services were deemed necessary and reasonably priced for the period.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'full and open competition after exclusion of sources.' This procurement method implies that while the competition was intended to be broad, certain sources may have been excluded for specific, documented reasons, possibly related to security, specialized capabilities, or prior performance issues. The number of bidders is not explicitly stated, but the 'full and open' nature suggests multiple entities were likely considered. This approach aims to balance broad market access with the need for specific qualifications, potentially leading to competitive pricing but also indicating a potentially complex selection process.

Taxpayer Impact: The 'full and open' competition, even with exclusions, generally benefits taxpayers by encouraging multiple bidders to offer competitive pricing. This process helps ensure that the government is not overpaying for specialized services and that the most capable contractor is selected.

Public Impact

The Internal Revenue Service (IRS) benefits directly through enhanced capabilities in managing assets seized during investigations. Intelligence analysis services support broader law enforcement and national security objectives by processing and interpreting critical data. The contract likely supports federal agencies involved in financial crime investigations and asset forfeiture. Workforce implications may include the need for specialized analysts and asset managers within the contracting company and potentially within the IRS.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of specific performance metrics makes it difficult to assess the effectiveness and efficiency of the services provided.
The 'exclusion of sources' clause in the competition raises questions about the breadth of the initial market research and potential limitations on competition.
The specific nature of 'managed seized assets' and 'intelligence analysis' could involve sensitive data, necessitating robust security and oversight protocols which are not detailed here.

Positive Signals

The contract was awarded through a 'full and open' competition, indicating an effort to leverage market capabilities.
The sustained funding over multiple years suggests the services provided were valuable and met the agency's needs.
The specialization in 'Administrative Management and General Management Consulting Services' points to a focus on professional expertise.

Sector Analysis

The contract falls within the Administrative Management and General Management Consulting Services sector (NAICS 541611), a broad category encompassing a wide range of professional services. This sector is crucial for government operations, providing expertise in areas like financial management, operational efficiency, and strategic planning. The market size for government consulting services is substantial, with agencies frequently outsourcing specialized functions. This contract specifically addresses the niche area of managing seized assets and intelligence analysis, which requires unique skills and often involves sensitive information, differentiating it from more general management consulting.

Small Business Impact

The data indicates this contract was not set aside for small businesses (ss: false, sb: false). The total award value of $27.6 million suggests it was likely awarded to a large business or a joint venture capable of handling such a significant contract. There is no information provided regarding subcontracting plans or opportunities for small businesses within this specific award, which could represent a missed opportunity for small business participation in a substantial federal contract.

Oversight & Accountability

Oversight for this contract would primarily reside with the awarding agency, the Department of the Treasury's Internal Revenue Service (IRS). Specific oversight mechanisms are not detailed in the provided data, but typically include contract officer representatives (CORs), performance reviews, and financial audits. Transparency is generally facilitated through contract databases like FPDS, where basic award information is published. The Inspector General for the Department of the Treasury would have jurisdiction to investigate any potential fraud, waste, or abuse related to this contract.

Related Government Programs

Asset Forfeiture Programs
Financial Intelligence and Analysis
Law Enforcement Support Services
Government Management Consulting
Seized Property Management

Risk Flags

Potential for sensitive data handling requires robust security protocols.
Complexity of 'managed seized assets' may involve valuation and disposition challenges.
Procurement method ('exclusion of sources') warrants scrutiny for fairness and breadth of competition.
Lack of detailed performance metrics hinders objective value assessment.

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $27.6 million to AS AND D, LLC. MANAGED SEIZED ASSETS & INTELL ANALYST

Who is the contractor on this award?

The obligated recipient is AS AND D, LLC.

Which agency awarded this contract?

Awarding agency: Department of the Treasury (Internal Revenue Service).

What is the total obligated amount?

The obligated amount is $27.6 million.

What is the period of performance?

Start: 2005-12-13. End: 2008-09-30.

What was the specific nature of the 'managed seized assets' and 'intelligence analysis' performed under this contract?

The provided data categorizes the service under 'Administrative Management and General Management Consulting Services' (NAICS 541611). While the contract title mentions 'MANAGED SEIZED ASSETS & INTELL ANALYST,' the specifics of the analysis and asset management are not detailed. Typically, this could involve cataloging, valuing, securing, and disposing of assets seized during criminal investigations (e.g., financial assets, property). Intelligence analysis would likely involve processing information related to financial crimes, illicit activities, or threats to revenue collection, providing actionable insights to the IRS or other Treasury components. The exact scope would be defined in the contract's Statement of Work (SOW).

How does the $27.6 million contract value compare to similar contracts for asset management and intelligence analysis?

Direct comparison is difficult without access to a comprehensive database of similar contracts with detailed scopes of work and performance metrics. However, $27.6 million over approximately three years (2005-2008) represents a substantial investment. Contracts for specialized intelligence analysis and asset management can vary widely based on the complexity, sensitivity, and volume of data or assets involved. For context, large-scale federal contracts for professional services can range from millions to hundreds of millions of dollars. The value here suggests a significant, ongoing requirement for these specialized services by the IRS during that period.

What were the key performance indicators (KPIs) used to evaluate the success of AS AND D, LLC's performance?

The provided data does not include specific Key Performance Indicators (KPIs) or performance evaluation details for this contract. In a typical government contract of this nature, KPIs might include metrics related to the accuracy and timeliness of intelligence reports, the efficiency of asset disposition processes, cost savings achieved through effective management, compliance with legal and regulatory requirements, and client satisfaction. Without these details, assessing the contractor's performance beyond the fact that the contract was awarded and presumably fulfilled is not possible from the given information.

What is the track record of AS AND D, LLC in performing government contracts, particularly related to intelligence analysis?

The provided data identifies AS AND D, LLC as the contractor for this specific award. However, it does not offer details on their broader track record, including past performance on other government contracts, their size, or their specific expertise beyond what can be inferred from this contract's description. To assess their track record, one would typically need to consult sources like the Contractor Performance Assessment Reporting System (CPARS) or other government databases that track contractor performance history. Without this additional information, it's impossible to evaluate their broader capabilities or reliability.

Were there any significant risks or challenges identified during the performance of this contract?

The provided data does not explicitly list any risks or challenges encountered during the performance of this contract. However, contracts involving 'seized assets' and 'intelligence analysis' inherently carry risks related to data security, potential for fraud or misuse of information, legal compliance, and the volatility of asset values. The 'full and open competition after exclusion of sources' might suggest that potential bidders faced specific requirements or limitations that could have posed challenges during the procurement phase. A thorough risk assessment would typically be documented within the agency's contract management files.

How has federal spending on administrative management and consulting services evolved since this contract was awarded?

Federal spending on administrative management and consulting services (NAICS 541611) has generally seen fluctuations but has remained a significant expenditure category. Since the contract period (2005-2008), there has been a continued trend towards outsourcing specialized functions to leverage external expertise and manage workload. Factors influencing spending include budget appropriations, agency priorities, economic conditions, and evolving technological needs. While specific figures require detailed analysis of historical federal procurement data, the overall demand for such services, particularly those involving data analysis and operational support, has persisted, often growing with increased government responsibilities and data complexity.

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: 5

Pricing Type: LABOR HOURS (Z)

Evaluated Preference: NONE

Contractor Details

Parent Company: Arctic Slope Regional Corporation (UEI: 076637073)

Address: 3900 C ST STE 802, ANCHORAGE, AK, 00

Business Categories: 8(a) Program Participant, Category Business, Minority Owned Business, Native American Owned Business, Small Business, Special Designations

Financial Breakdown

Contract Ceiling: $39,932,345

Exercised Options: $31,631,478

Current Obligation: $27,559,357

Timeline