DoD's $21.4M Lodging Contract with SRM Group, LLC Awarded Under Full and Open Competition

Contract Overview

Contract Amount: $21,378,052 ($21.4M)

Contractor: SRM Group, LLC

Awarding Agency: Department of Defense

Start Date: 2015-02-11

End Date: 2020-05-31

Contract Duration: 1,936 days

Daily Burn Rate: $11.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 4

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: IGF::OT::IGF LODGING/TRANSPORTATION SERVICES

Place of Performance

Location: NORTH LITTLE ROCK, PULASKI County, ARKANSAS, 72199

State: Arkansas Government Spending

Plain-Language Summary

Department of Defense obligated $21.4 million to SRM GROUP, LLC for work described as: IGF::OT::IGF LODGING/TRANSPORTATION SERVICES Key points: 1. The contract value is substantial at over $21 million. 2. SRM GROUP, LLC secured this definitive contract. 3. Awarded under full and open competition, suggesting a competitive bidding process. 4. The contract spans nearly five years, indicating a long-term need. 5. The sector is primarily lodging and transportation services.

Value Assessment

Rating: fair

The contract was awarded at a firm fixed price, which provides cost certainty. However, without specific unit cost data or benchmarks for similar lodging services, a precise value assessment is difficult. The total value suggests significant service volume over the contract period.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple bidders were likely considered. This method generally promotes price discovery and can lead to more competitive pricing compared to sole-source or limited competition awards.

Taxpayer Impact: The use of full and open competition is generally favorable for taxpayers as it aims to secure the best value through a competitive process, potentially lowering overall costs.

Public Impact

Provides essential lodging and transportation services for military personnel. Supports operational readiness and personnel deployment for the Department of the Army. The long contract duration impacts budget planning for the agency. Potential for economic impact in the service region (Arkansas).

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of specific per-unit cost data makes detailed value analysis challenging.
  • Contract duration could lead to price increases if not managed effectively.
  • Dependence on a single contractor for essential services carries inherent risk.

Positive Signals

  • Awarded through full and open competition, suggesting competitive pricing.
  • Firm fixed price contract provides cost predictability.
  • Long-term contract can ensure service continuity.

Sector Analysis

This contract falls within the hospitality and travel services sector, specifically for lodging and transportation. Government spending in this area is crucial for supporting military operations, deployments, and personnel travel. Benchmarks for similar government lodging contracts can vary widely based on location, duration, and service level.

Small Business Impact

The data does not indicate whether small businesses were involved as subcontractors or prime contractors. Further analysis would be needed to determine the extent of small business participation in this contract.

Oversight & Accountability

The contract was awarded by the Department of the Army, a component of the Department of Defense. Standard oversight mechanisms for federal contracts would apply, including performance monitoring and compliance checks to ensure services meet requirements and are delivered at the agreed-upon price.

Related Government Programs

  • Hotels (except Casino Hotels) and Motels
  • Department of Defense Contracting
  • Department of the Army Programs

Risk Flags

  • Lack of detailed cost breakdown.
  • Limited information on performance metrics.
  • Potential for price creep without robust oversight.
  • Long contract duration without clear exit strategy details.

Tags

hotels-except-casino-hotels-and-motels, department-of-defense, ar, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $21.4 million to SRM GROUP, LLC. IGF::OT::IGF LODGING/TRANSPORTATION SERVICES

Who is the contractor on this award?

The obligated recipient is SRM GROUP, LLC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Army).

What is the total obligated amount?

The obligated amount is $21.4 million.

What is the period of performance?

Start: 2015-02-11. End: 2020-05-31.

What was the average per-diem rate or cost per service unit under this contract, and how does it compare to government lodging per-diem rates or industry averages?

The provided data does not include specific per-unit costs, such as per-diem rates for lodging or transportation. To assess value effectively, this information would be crucial. Comparing these unknown rates to established government per-diem limits or prevailing market rates for similar services in Arkansas would reveal whether the $21.4 million expenditure was cost-effective.

What were the key performance indicators (KPIs) for this contract, and how was SRM GROUP, LLC's performance measured against them?

The data does not specify the key performance indicators (KPIs) used to evaluate SRM GROUP, LLC's performance. Effective oversight would involve tracking metrics related to service quality, timeliness, customer satisfaction, and adherence to contract terms. Without these KPIs, it's difficult to assess the contractor's performance and the overall effectiveness of the service delivery.

Were there any contract modifications or change orders issued during the contract period, and what was their impact on the total cost and scope of services?

The provided data does not detail any contract modifications or change orders. Such changes can significantly impact the total cost and scope of services. Investigating modification history would be essential to understand if the initial $21.4 million award value was maintained or if additional funds were obligated, and to assess the justification for any such changes.

Industry Classification

NAICS: Accommodation and Food ServicesTraveler AccommodationHotels (except Casino Hotels) and Motels

Product/Service Code: OPERATION OF GOVT OWNED FACILITYOPERATE GOVT OWNED BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: W912JF14R0010

Offers Received: 4

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 101 MARIETTA ST NW STE 3330, ATLANTA, GA, 30303

Business Categories: Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, Indian (Subcontinent) American Owned Business, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $21,378,052

Exercised Options: $21,378,052

Current Obligation: $21,378,052

Contract Characteristics

Commercial Item: COMMERCIAL ITEM

Cost or Pricing Data: NO

Timeline

Start Date: 2015-02-11

Current End Date: 2020-05-31

Potential End Date: 2020-05-31 00:00:00

Last Modified: 2019-05-16

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