Treasury's $15.7M MITRE contract for consulting services awarded via full and open competition

Contract Overview

Contract Amount: $15,749,391 ($15.7M)

Contractor: THE Mitre Corporation

Awarding Agency: Department of the Treasury

Start Date: 2007-05-28

End Date: 2009-12-23

Contract Duration: 940 days

Daily Burn Rate: $16.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 4

Pricing Type: COST PLUS FIXED FEE

Sector: Other

Official Description: FFRDC MITRE CORP. FIRST TO

Place of Performance

Location: MCLEAN, FAIRFAX County, VIRGINIA, 22102

State: Virginia Government Spending

Plain-Language Summary

Department of the Treasury obligated $15.7 million to THE MITRE CORPORATION for work described as: FFRDC MITRE CORP. FIRST TO Key points: 1. Contract awarded to a single, well-established FFRDC (MITRE). 2. Services fall under 'Other Management Consulting Services' (NAICS 541618). 3. The contract duration was 940 days. 4. This represents a portion of the agency's broader IT and management consulting spend.

Value Assessment

Rating: fair

The contract's value of $15.7M over two years suggests a moderate investment. Without specific deliverables or performance metrics, assessing value is difficult. Benchmarking against similar FFRDC contracts would be necessary for a more precise evaluation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a broad solicitation for offers. This method generally promotes price discovery and competitive pricing, though the specific outcome depends on the number and quality of bids received.

Taxpayer Impact: Awarded through open competition, this contract likely secured competitive pricing for the consulting services, benefiting taxpayers by ensuring value for money.

Public Impact

IRS utilizes FFRDCs for specialized technical and management support. Consulting services can impact operational efficiency and policy development. Transparency in contracting ensures public trust in government spending.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of specific performance metrics.
  • Reliance on a single FFRDC may limit alternative solutions.

Positive Signals

  • Awarded via full and open competition.
  • Utilizes a well-regarded FFRDC.

Sector Analysis

The 'Other Management Consulting Services' sector encompasses a wide range of advisory and assistance services. Spending in this area can vary significantly based on agency needs, with FFRDCs often engaged for complex, long-term projects.

Small Business Impact

This contract was not set aside for small businesses and was awarded to a large FFRDC, indicating no direct benefit to small businesses through this specific award.

Oversight & Accountability

The award under full and open competition suggests adherence to standard procurement processes. Further oversight would involve reviewing performance reports and ensuring deliverables met IRS requirements.

Related Government Programs

  • Other Management Consulting Services
  • Department of the Treasury Contracting
  • Internal Revenue Service Programs

Risk Flags

  • Potential for cost overruns in Cost Plus Fixed Fee contracts.
  • Limited visibility into specific project outcomes and performance.
  • Reliance on a single FFRDC may limit competitive alternatives for future needs.
  • Lack of small business participation.

Tags

other-management-consulting-services, department-of-the-treasury, va, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $15.7 million to THE MITRE CORPORATION. FFRDC MITRE CORP. FIRST TO

Who is the contractor on this award?

The obligated recipient is THE MITRE CORPORATION.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $15.7 million.

What is the period of performance?

Start: 2007-05-28. End: 2009-12-23.

What specific IRS functions or projects did these consulting services support, and how did they contribute to the agency's mission?

The provided data does not specify the exact projects or functions supported by MITRE's consulting services. Typically, FFRDCs like MITRE assist agencies with complex technical challenges, strategic planning, and program management. Understanding the specific application would clarify the value and impact on the IRS's mission, such as improving tax administration or modernizing systems.

What were the key performance indicators (KPIs) for this contract, and how did MITRE perform against them?

The data does not include information on Key Performance Indicators (KPIs) or MITRE's performance. For a comprehensive risk assessment, it's crucial to know if the contract had defined metrics for success, such as project completion timelines, quality of recommendations, or cost savings achieved. Without this, evaluating the effectiveness and potential risks associated with contract execution is challenging.

How does the cost of this contract compare to similar consulting engagements for the IRS or other federal agencies?

Benchmarking this $15.7 million contract against similar engagements is difficult without more specific details on the scope of work and deliverables. However, given it's a Cost Plus Fixed Fee contract with a large FFRDC, the pricing structure is typical for complex advisory services. A detailed comparison would require analyzing the hourly rates, total effort, and specific outcomes achieved in comparable contracts.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesManagement, Scientific, and Technical Consulting ServicesOther Management Consulting Services

Product/Service Code: SPECIAL STUDIES/ANALYSIS, NOT R&DSPECIAL STUDIES - NOT R and D

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 4

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 7515 COLSHIRE DR, MC LEAN, VA, 22102

Business Categories: Category Business, Nonprofit Organization, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $19,984,676

Exercised Options: $19,984,676

Current Obligation: $15,749,391

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Parent Contract

Parent Award PIID: TIRNO99D00005

IDV Type: IDC

Timeline

Start Date: 2007-05-28

Current End Date: 2009-12-23

Potential End Date: 2009-12-23 00:00:00

Last Modified: 2023-09-26

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