NOAA awards $5.6M contract to Golden Key Group for administrative consulting services
Contract Overview
Contract Amount: $5,648,254 ($5.6M)
Contractor: Golden KEY Group, LLC
Awarding Agency: Department of Commerce
Start Date: 2022-07-11
End Date: 2027-07-10
Contract Duration: 1,825 days
Daily Burn Rate: $3.1K/day
Competition Type: FULL AND OPEN COMPETITION
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: 955 & SASH ADMINISTRATIVE INVESTIGATIONS
Place of Performance
Location: CENTREVILLE, FAIRFAX County, VIRGINIA, 20120
State: Virginia Government Spending
Plain-Language Summary
Department of Commerce obligated $5.6 million to GOLDEN KEY GROUP, LLC for work described as: 955 & SASH ADMINISTRATIVE INVESTIGATIONS Key points: 1. Contract awarded for administrative management and general management consulting services. 2. Golden Key Group, LLC is the contractor. 3. The contract has a duration of 5 years. 4. The award was made under a BPA Call. 5. The contract type is Firm Fixed Price.
Value Assessment
Rating: fair
The contract value is $5.6M over 5 years. Benchmarking against similar administrative consulting contracts is difficult without more specific service details. The award mechanism (BPA Call) suggests some pre-negotiated pricing, but the final price discovery is key.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, indicating multiple vendors had the opportunity to bid. This method generally promotes competitive pricing, but the specific impact depends on the number and quality of bids received.
Taxpayer Impact: Taxpayer funds are being used for administrative consulting services. The value for money will depend on the effectiveness and efficiency of the services provided by Golden Key Group.
Public Impact
Supports NOAA's administrative functions, potentially improving operational efficiency. Funds are allocated to a private sector firm for consulting services. The long-term nature of the contract suggests ongoing needs for these services. Transparency in reporting on service delivery and outcomes is important for public trust.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of specific performance metrics in provided data.
- Potential for scope creep in administrative consulting.
- Reliance on a single vendor for a significant period.
Positive Signals
- Awarded through full and open competition.
- Firm Fixed Price contract type can control costs.
- Long-term contract allows for stable service provision.
Sector Analysis
Administrative Management and General Management Consulting Services (NAICS 541611) is a broad category. Spending in this sector can vary widely based on agency needs. This contract appears to be within a typical range for multi-year administrative support.
Small Business Impact
The data indicates this contract was awarded under full and open competition and does not specify small business participation. Further investigation would be needed to determine if small businesses were involved as subcontractors or if opportunities were missed.
Oversight & Accountability
Oversight will be crucial to ensure Golden Key Group delivers on its contractual obligations effectively and efficiently. The Department of Commerce and NOAA should monitor performance closely against defined objectives and milestones.
Related Government Programs
- Administrative Management and General Management Consulting Services
- Department of Commerce Contracting
- National Oceanic and Atmospheric Administration Programs
Risk Flags
- Lack of detailed service scope.
- Potential for vendor lock-in.
- Performance metrics not specified.
- Limited insight into competitive pricing details.
Tags
administrative-management-and-general-ma, department-of-commerce, va, bpa-call, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Commerce awarded $5.6 million to GOLDEN KEY GROUP, LLC. 955 & SASH ADMINISTRATIVE INVESTIGATIONS
Who is the contractor on this award?
The obligated recipient is GOLDEN KEY GROUP, LLC.
Which agency awarded this contract?
Awarding agency: Department of Commerce (National Oceanic and Atmospheric Administration).
What is the total obligated amount?
The obligated amount is $5.6 million.
What is the period of performance?
Start: 2022-07-11. End: 2027-07-10.
What specific administrative challenges is NOAA facing that necessitate this $5.6M investment over five years?
The provided data does not detail the specific administrative challenges NOAA is addressing. However, such contracts typically aim to improve efficiency, streamline processes, implement new management strategies, or provide specialized expertise in areas like human resources, financial management, or strategic planning. Understanding the precise needs would clarify the value proposition of this significant investment.
How will the effectiveness of Golden Key Group's consulting services be measured to ensure taxpayer value?
Effectiveness measurement relies on clearly defined Key Performance Indicators (KPIs) and Service Level Agreements (SLAs) within the contract. NOAA should establish metrics related to process improvements, cost savings achieved, implementation of recommendations, and overall client satisfaction. Regular performance reviews and reporting by Golden Key Group are essential for accountability and value assessment.
Given the full and open competition, what was the competitive landscape like, and did the pricing reflect significant savings?
While awarded under full and open competition, the provided data doesn't detail the number of bids received or the pricing of competing offers. A competitive landscape with multiple strong bids typically drives down prices. NOAA's procurement process should have ensured that the selected price was fair and reasonable, reflecting the competitive environment and the value offered by Golden Key Group.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Management, Scientific, and Technical Consulting Services › Administrative Management and General Management Consulting Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › PROFESSIONAL SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 6728 CEDAR SPRING RD, CENTREVILLE, VA, 20121
Business Categories: Category Business, Limited Liability Corporation, Partnership or Limited Liability Partnership, Service Disabled Veteran Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business, Woman Owned Business, Women Owned Small Business
Financial Breakdown
Contract Ceiling: $6,436,726
Exercised Options: $5,648,254
Current Obligation: $5,648,254
Actual Outlays: $3,865,724
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: 1305M418ANAAA0004
IDV Type: BPA
Timeline
Start Date: 2022-07-11
Current End Date: 2027-07-10
Potential End Date: 2027-07-10 00:00:00
Last Modified: 2026-04-09
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