Treasury's $28M IRS IT Contract with Booz Allen Hamilton Awarded Competitively

Contract Overview

Contract Amount: $27,996,167 ($28.0M)

Contractor: Booz Allen Hamilton Inc.

Awarding Agency: Department of the Treasury

Start Date: 2006-07-02

End Date: 2014-08-01

Contract Duration: 2,952 days

Daily Burn Rate: $9.5K/day

Competition Type: COMPETITIVE DELIVERY ORDER

Number of Offers Received: 4

Pricing Type: COST PLUS FIXED FEE

Sector: IT

Official Description: TIPSS-3, TTS #2089 BAH

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20224

State: District of Columbia Government Spending

Plain-Language Summary

Department of the Treasury obligated $28.0 million to BOOZ ALLEN HAMILTON INC. for work described as: TIPSS-3, TTS #2089 BAH Key points: 1. Contract value: $27.99 million over 8 years. 2. Competition: Awarded via a competitive delivery order. 3. Risk: Moderate risk due to cost-plus-fixed-fee structure. 4. Sector: Information Technology (Computer Systems Design Services).

Value Assessment

Rating: fair

The contract uses a Cost Plus Fixed Fee (CPFF) pricing structure, which can lead to cost overruns if not managed carefully. Benchmarking CPFF contracts for similar IT services is challenging without detailed scope and performance data.

Cost Per Unit: N/A

Competition Analysis

Competition Level: unknown

This contract was awarded as a competitive delivery order under a larger contract vehicle (TIPSS-3). This indicates that multiple vendors likely competed for this specific order, promoting price discovery and potentially better value.

Taxpayer Impact: The competitive award process suggests efforts to secure reasonable pricing for taxpayers, though the CPFF structure warrants ongoing scrutiny.

Public Impact

Supports critical IRS IT infrastructure and systems design. Ensures continuity of essential government IT services. Potential for long-term IT modernization efforts.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Cost-plus-fixed-fee pricing can incentivize higher costs.
  • Long contract duration (8 years) may limit flexibility.
  • No small business participation noted.

Positive Signals

  • Awarded competitively, suggesting potential for value.
  • Supports essential IRS operations.
  • Experienced contractor (Booz Allen Hamilton).

Sector Analysis

This contract falls within the IT sector, specifically Computer Systems Design Services. Spending in this area is substantial across government, with typical contract values varying widely based on scope and duration. Benchmarks are difficult without specific service details.

Small Business Impact

The data indicates this contract was not awarded to a small business (ss: false, sb: false). There is no indication of small business subcontracting goals or participation.

Oversight & Accountability

Awarded under the TIPSS-3 vehicle, which likely has its own oversight mechanisms. The IRS contracting office and program managers are responsible for monitoring performance and costs, especially given the CPFF structure.

Related Government Programs

  • Computer Systems Design Services
  • Department of the Treasury Contracting
  • Internal Revenue Service Programs

Risk Flags

  • Cost-plus-fixed-fee pricing.
  • Long contract duration.
  • No small business participation.
  • Potential for cost overruns.
  • Limited transparency on specific performance metrics.

Tags

computer-systems-design-services, department-of-the-treasury, dc, do, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $28.0 million to BOOZ ALLEN HAMILTON INC.. TIPSS-3, TTS #2089 BAH

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 (Internal Revenue Service).

What is the total obligated amount?

The obligated amount is $28.0 million.

What is the period of performance?

Start: 2006-07-02. End: 2014-08-01.

What was the competitive landscape for this specific delivery order, and how did it influence the final price?

While awarded competitively, the exact number of bidders and the specific pricing strategies employed are not detailed in this summary. Competitive delivery orders generally foster price discovery by allowing multiple vendors to propose solutions and pricing. However, the CPFF structure means the final price is tied to actual costs plus a fixed fee, so the competitive aspect primarily influences the efficiency and reasonableness of those costs and the fixed fee itself.

What are the primary risks associated with the Cost Plus Fixed Fee (CPFF) structure for this IRS IT contract?

The main risk of CPFF is that the contractor may have less incentive to control costs, as the government pays for allowable costs plus a predetermined profit (the fixed fee). This can lead to cost overruns if not rigorously managed and audited. Scope creep can also inflate costs without a corresponding increase in the fixed fee, but the government bears the risk of increased cost.

How effectively does this contract support the IRS's mission, and what are the key performance indicators?

This contract supports the IRS's mission by providing essential computer systems design services, likely for critical tax processing and IT infrastructure. Effectiveness is measured by meeting performance standards, delivering services on time, and staying within the estimated cost ceiling. Specific KPIs would be defined in the contract's Statement of Work and performance metrics.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesComputer Systems Design and Related ServicesComputer Systems Design Services

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONSADP AND TELECOMMUNICATIONS

Competition & Pricing

Extent Competed: COMPETITIVE DELIVERY ORDER

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 4

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, 11

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $31,859,210

Exercised Options: $28,482,663

Current Obligation: $27,996,167

Parent Contract

Parent Award PIID: TIRNO06D00026

IDV Type: IDC

Timeline

Start Date: 2006-07-02

Current End Date: 2014-08-01

Potential End Date: 2014-08-01 00:00:00

Last Modified: 2014-08-12

More Contracts from Booz Allen Hamilton Inc.

View all Booz Allen Hamilton Inc. federal contracts →

Other Department of the Treasury Contracts

View all Department of the Treasury contracts →

Explore Related Government Spending