USDA's Rural Housing Service awards $536K BPA Call to Summit Consulting for SFH Portfolio Re-engineering

Contract Overview

Contract Amount: $535,953 ($536.0K)

Contractor: Summit Consulting LLC

Awarding Agency: Department of Agriculture

Start Date: 2025-09-30

End Date: 2026-07-20

Contract Duration: 293 days

Daily Burn Rate: $1.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: THE PURPOSE OF THIS BPA CALL IS FOR THE SERVICING OFFICE TO PROCURE RE-ENGINEERING SUPPORT SERVICES OF ITS SERVICING OF THE SINGLE FAMILY HOUSING (SFH) DIRECT PORTFOLIO, INCLUDING PORTFOLIO MANAGEMENT, CASH MANAGEMENT, RISK MANAGEMENT, AND OTHER FUNC

Place of Performance

Location: SAINT LOUIS, SAINT LOUIS CITY County, MISSOURI, 63102

State: Missouri Government Spending

Plain-Language Summary

Department of Agriculture obligated $535,952.56 to SUMMIT CONSULTING LLC for work described as: THE PURPOSE OF THIS BPA CALL IS FOR THE SERVICING OFFICE TO PROCURE RE-ENGINEERING SUPPORT SERVICES OF ITS SERVICING OF THE SINGLE FAMILY HOUSING (SFH) DIRECT PORTFOLIO, INCLUDING PORTFOLIO MANAGEMENT, CASH MANAGEMENT, RISK MANAGEMENT, AND OTHER FUNC Key points: 1. The contract focuses on re-engineering support services for the Single Family Housing (SFH) Direct Portfolio. 2. Key areas include portfolio management, cash management, and risk management, indicating a focus on operational efficiency. 3. The award is a Delivery Order under a BPA, suggesting a pre-competed framework. 4. Summit Consulting LLC is the awardee, with the contract duration extending into mid-2026.

Value Assessment

Rating: fair

The contract value of $535,952.56 for re-engineering support services appears moderate for a multi-year engagement. Benchmarking against similar IT support or consulting services for large government portfolios would be necessary for a precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a competitive bidding process. This method generally promotes price discovery and potentially better value for the government.

Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by securing competitive pricing for essential re-engineering services.

Public Impact

Improved management of the SFH Direct Portfolio could lead to better housing outcomes for rural residents. Enhanced cash and risk management may strengthen the financial stability of the housing programs. The re-engineering effort could streamline processes, potentially reducing long-term operational costs for the agency. Citizens benefit from more efficient and effective government services related to housing assistance.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of specific performance metrics in the provided data.
Potential for scope creep in re-engineering projects.
Dependence on a single contractor for critical portfolio services.

Positive Signals

Awarded under full and open competition.
Focus on improving critical housing finance functions.
Long-term contract duration allows for sustained improvement.

Sector Analysis

The IT services sector, particularly consulting for government financial portfolios, is competitive. Benchmarks for similar re-engineering or portfolio management contracts would provide context for the $535,952.56 award value.

Small Business Impact

The data indicates this contract was not set aside for small businesses and the awardee, Summit Consulting LLC, is not explicitly identified as a small business in this snippet. Further investigation into the awardee's size status would be needed.

Oversight & Accountability

The award is a Delivery Order under a BPA, suggesting that the initial BPA underwent a competitive process. Oversight will be crucial to ensure the re-engineering services meet defined objectives and deliver value.

Related Government Programs

Other Computer Related Services
Department of Agriculture Contracting
Rural Housing Service Programs

Risk Flags

Potential for undefined scope impacting cost and timeline.
Reliance on contractor for critical re-engineering functions.
Need for robust performance monitoring to ensure value.
Risk of insufficient competition if future task orders are not managed effectively.

Frequently Asked Questions

What is this federal contract paying for?

Department of Agriculture awarded $535,952.56 to SUMMIT CONSULTING LLC. THE PURPOSE OF THIS BPA CALL IS FOR THE SERVICING OFFICE TO PROCURE RE-ENGINEERING SUPPORT SERVICES OF ITS SERVICING OF THE SINGLE FAMILY HOUSING (SFH) DIRECT PORTFOLIO, INCLUDING PORTFOLIO MANAGEMENT, CASH MANAGEMENT, RISK MANAGEMENT, AND OTHER FUNC

Who is the contractor on this award?

The obligated recipient is SUMMIT CONSULTING LLC.

Which agency awarded this contract?

Awarding agency: Department of Agriculture (Rural Housing Service).

What is the total obligated amount?

The obligated amount is $535,952.56.

What is the period of performance?

Start: 2025-09-30. End: 2026-07-20.

What specific re-engineering methodologies will be employed, and how will their effectiveness be measured against the stated goals of improved portfolio, cash, and risk management?

The effectiveness of re-engineering methodologies will be measured by tracking key performance indicators (KPIs) related to the SFH Direct Portfolio. This includes metrics for efficiency gains in cash management, reduction in portfolio risks, and overall improvement in portfolio performance. Specific methodologies should be detailed in the task order, with regular progress reviews to ensure alignment with agency objectives and taxpayer value.

Given the focus on risk management, what are the identified risks in the current SFH Direct Portfolio, and how will this re-engineering effort mitigate them?

The current risks within the SFH Direct Portfolio likely pertain to financial exposure, operational inefficiencies, and potential defaults. The re-engineering effort aims to mitigate these by implementing updated risk assessment tools, streamlining loan servicing processes, and potentially restructuring portfolio management strategies. The success will be measured by a reduction in delinquency rates, improved loss mitigation, and enhanced compliance with regulatory requirements.

How does the $535,952.56 contract value compare to industry standards for similar portfolio re-engineering services, and what is the expected return on investment for the agency?

The contract value of $535,952.56 for re-engineering support services is moderate for a multi-year engagement. A precise comparison requires benchmarking against similar government or private sector contracts for portfolio management and IT consulting. The expected return on investment (ROI) should be quantifiable through projected cost savings, improved operational efficiency, reduced risk exposure, and enhanced program performance over the contract's lifecycle.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Other Computer Related Services

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › MANAGEMENT SUPPORT SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 777 6TH ST NW, WASHINGTON, DC, 20001

Business Categories: Asian Pacific American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $535,953

Exercised Options: $535,953

Current Obligation: $535,953

Actual Outlays: $134,379

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QTCA19D00L1

IDV Type: FSS

Timeline