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

Positive Signals

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

Risk Flags

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 ServicesManagement, Scientific, and Technical Consulting ServicesAdministrative 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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