Commerce Awards $6.3M for HR Consulting to RIVIDIUM INC., Boosting USPTO Operations

Contract Overview

Contract Amount: $6,272,995 ($6.3M)

Contractor: Rividium Inc.

Awarding Agency: Department of Commerce

Start Date: 2023-01-09

End Date: 2027-01-08

Contract Duration: 1,460 days

Daily Burn Rate: $4.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: LABOR HOURS

Sector: Other

Official Description: COMPENSATION AND BENEFITS DIVISION SUPPORT SERVICES

Place of Performance

Location: VIENNA, FAIRFAX County, VIRGINIA, 22182

State: Virginia Government Spending

Plain-Language Summary

Department of Commerce obligated $6.3 million to RIVIDIUM INC. for work described as: COMPENSATION AND BENEFITS DIVISION SUPPORT SERVICES Key points: 1. Contract value of $6.3M for HR consulting services. 2. RIVIDIUM INC. secured the contract via full and open competition. 3. Potential risk associated with reliance on a single vendor for critical HR functions. 4. Spending falls within the Human Resources Consulting Services sector.

Value Assessment

Rating: good

The contract value of $6.3M appears reasonable for comprehensive HR consulting services over a four-year period. Benchmarking against similar contracts for Human Resources Consulting Services (NAICS 541612) would provide a more precise assessment of value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, indicating a robust price discovery process. This method generally leads to more competitive pricing as multiple vendors had the opportunity to bid.

Taxpayer Impact: The competitive award process suggests taxpayers are likely receiving fair market value for the services rendered.

Public Impact

Ensures continued support for the U.S. Patent and Trademark Office's human resources functions. Supports efficient operations within a key government agency. Potential for improved HR service delivery through specialized consulting.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under Human Resources Consulting Services (NAICS 541612). Spending in this sector can vary widely based on agency size and specific needs, but this award represents a significant investment in specialized HR support.

Small Business Impact

The data indicates that neither small business set-aside nor small business participation was a factor in this award. This suggests that larger, established firms were the primary bidders and recipients.

Oversight & Accountability

The award was made via a delivery order under an existing contract, implying prior vetting and oversight. Further oversight would focus on performance metrics and adherence to contract terms.

Related Government Programs

Risk Flags

Tags

human-resources-consulting-services, department-of-commerce, va, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Commerce awarded $6.3 million to RIVIDIUM INC.. COMPENSATION AND BENEFITS DIVISION SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is RIVIDIUM INC..

Which agency awarded this contract?

Awarding agency: Department of Commerce (U.S. Patent and Trademark Office).

What is the total obligated amount?

The obligated amount is $6.3 million.

What is the period of performance?

Start: 2023-01-09. End: 2027-01-08.

What specific HR functions are being outsourced, and what is the expected impact on USPTO's internal HR capabilities?

The contract covers general Human Resources Consulting Services. While specific functions aren't detailed, such services typically include areas like workforce planning, compensation analysis, employee relations, and HR system optimization. The impact on internal capabilities depends on whether the goal is to augment existing staff, fill specific expertise gaps, or manage workload fluctuations. Effective outsourcing can enhance efficiency and access specialized knowledge, but over-reliance could potentially diminish internal expertise over time.

What are the key performance indicators (KPIs) for RIVIDIUM INC., and how will their performance be measured?

Key performance indicators are crucial for ensuring the value and effectiveness of HR consulting services. While not detailed in the provided data, typical KPIs might include response times for consultations, successful implementation of HR strategies, client satisfaction scores from USPTO staff, and adherence to project timelines and budgets. Performance measurement would likely involve regular progress reports, stakeholder feedback sessions, and potentially audits of delivered work.

How does the $6.3M contract value compare to the average cost of similar HR consulting services for federal agencies of the USPTO's size?

Benchmarking the $6.3M contract against similar federal HR consulting contracts requires access to a broader dataset of contract awards and pricing structures. Factors like the duration (4 years), labor hours pricing model, and specific scope of services influence the overall cost. Without comparative data, it's difficult to definitively state if this represents a high, low, or average cost. However, the full and open competition suggests a competitive pricing environment.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesManagement, Scientific, and Technical Consulting ServicesHuman Resources 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

Solicitation ID: 1333BJ23Q00270003

Offers Received: 2

Pricing Type: LABOR HOURS (Z)

Evaluated Preference: NONE

Contractor Details

Address: 1951 KIDWELL DR STE 400, VIENNA, VA, 22182

Business Categories: 8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, Hispanic American Owned Business, Minority Owned Business, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $7,816,026

Exercised Options: $6,272,995

Current Obligation: $6,272,995

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS02F183AA

IDV Type: FSS

Timeline

Start Date: 2023-01-09

Current End Date: 2027-01-08

Potential End Date: 2028-01-08 00:00:00

Last Modified: 2026-01-13

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