Treasury's OCC awards $45.4M for ESSM2 IT services to Pragmatics, LLC under full and open competition

Contract Overview

Contract Amount: $45,401,297 ($45.4M)

Contractor: Pragmatics, LLC

Awarding Agency: Department of the Treasury

Start Date: 2011-10-01

End Date: 2014-12-30

Contract Duration: 1,186 days

Daily Burn Rate: $38.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 8

Pricing Type: LABOR HOURS

Sector: IT

Official Description: ESSS OPERATIONS AND MAINTENANCE TWO (ESOM2).

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20219, UNITED STATES OF AMERICA

State: District of Columbia Government Spending

Plain-Language Summary

Department of the Treasury obligated $45.4 million to PRAGMATICS, LLC for work described as: ESSS OPERATIONS AND MAINTENANCE TWO (ESOM2). Key points: 1. The contract value of $45.4M for IT services over approximately 3 years is moderate. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. The contract's focus on computer facilities management services is a common IT requirement. 4. The absence of small business set-aside indicates larger prime contractors were likely involved.

Value Assessment

Rating: fair

The contract value of $45.4M for 1186 days of service averages approximately $38,281 per day. Without specific service level agreements or detailed scope, a direct comparison is difficult, but this appears within a reasonable range for complex IT operations and maintenance.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded using full and open competition, which typically allows for the widest possible range of bidders and promotes price discovery through competitive proposals. This method is generally expected to yield fair and reasonable pricing.

Taxpayer Impact: Taxpayer funds were utilized through a competitive process, aiming for value for money in IT operations and maintenance services for the OCC.

Public Impact

Ensures continued operation of critical IT infrastructure for the Office of the Comptroller of the Currency. Supports the agency's mission by maintaining essential computing facilities. The use of a large prime contractor may limit direct opportunities for smaller specialized IT firms.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the IT services sector, specifically focusing on computer facilities management. Spending in this area is substantial across federal agencies, supporting core operational needs. Benchmarks for similar contracts vary widely based on scope and complexity.

Small Business Impact

The contract was not set aside for small businesses, and the data indicates no small business participation. This suggests that the prime contractor, Pragmatics, LLC, likely handled the majority of the work or subcontracted to other large businesses.

Oversight & Accountability

The award was made by the Department of the Treasury's Office of the Comptroller of the Currency. Standard federal procurement oversight applies, with potential for agency-level reviews and GAO protests if issues arise.

Related Government Programs

Risk Flags

Tags

computer-facilities-management-services, department-of-the-treasury, dc, do, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $45.4 million to PRAGMATICS, LLC. ESSS OPERATIONS AND MAINTENANCE TWO (ESOM2).

Who is the contractor on this award?

The obligated recipient is PRAGMATICS, LLC.

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 $45.4 million.

What is the period of performance?

Start: 2011-10-01. End: 2014-12-30.

What specific IT facilities and services are included in the ESSM2 scope, and how do they align with the OCC's current and future needs?

The ESSM2 contract covers computer facilities management services. A detailed breakdown of the specific hardware, software, network infrastructure, and operational support functions is necessary to fully assess its alignment with the OCC's evolving technological requirements and strategic goals. Understanding the scope is crucial for evaluating long-term value and potential for modernization.

What were the key performance indicators (KPIs) and service level agreements (SLAs) established for this contract, and how was performance measured?

Performance metrics and SLAs are critical for ensuring the effectiveness of IT operations and maintenance. Without specific details on KPIs (e.g., uptime, response times, resolution rates) and SLAs, it's challenging to objectively assess the contractor's performance and the overall value delivered. Post-award performance reports would provide insights into adherence to these standards.

How did the pricing structure and the competitive bidding process ensure cost-effectiveness for the taxpayer over the contract's duration?

The contract utilized full and open competition, which is designed to foster competitive pricing. Analyzing the submitted proposals, the government's cost realism assessment, and the final negotiated price against industry benchmarks would confirm cost-effectiveness. The labor hour contract type requires careful monitoring to prevent scope creep and ensure efficient resource utilization.

Industry Classification

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

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 8

Pricing Type: LABOR HOURS (Z)

Evaluated Preference: NONE

Contractor Details

Address: 7926 JONES BRANCH DR STE 711, MC LEAN, VA, 22102

Business Categories: Asian Pacific American Owned Business, Category Business, Minority Owned Business, Not Designated a Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $45,401,297

Exercised Options: $45,401,297

Current Obligation: $45,401,297

Subaward Activity

Number of Subawards: 18

Total Subaward Amount: $10,560,116

Contract Characteristics

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: TCC09HQD0013

IDV Type: IDC

Timeline

Start Date: 2011-10-01

Current End Date: 2014-12-30

Potential End Date: 2014-12-30 00:00:00

Last Modified: 2015-05-01

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