Interior Dept. Awards $2.47M for Financial Management Support to Salient CRGT, Inc
Contract Overview
Contract Amount: $2,469,049 ($2.5M)
Contractor: Salient Crgt, Inc.
Awarding Agency: Department of the Interior
Start Date: 2022-07-01
End Date: 2027-06-30
Contract Duration: 1,825 days
Daily Burn Rate: $1.4K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 2
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: FINANCIAL MANAGEMENT - SUPPORT
Place of Performance
Location: FAIRFAX, FAIRFAX County, VIRGINIA, 22033
State: Virginia Government Spending
Plain-Language Summary
Department of the Interior obligated $2.5 million to SALIENT CRGT, INC. for work described as: FINANCIAL MANAGEMENT - SUPPORT Key points: 1. Contract awarded to Salient CRGT, Inc. for financial management support. 2. The contract has a duration of 5 years, ending June 30, 2027. 3. Awarded under full and open competition, indicating a competitive bidding process. 4. The service category is Administrative Management and General Management Consulting Services.
Value Assessment
Rating: good
The contract value of $2.47 million over 5 years suggests a moderate annual spend. Without specific benchmarks for similar financial management support contracts within the Bureau of Safety and Environmental Enforcement, a precise pricing assessment is difficult, but the duration and scope appear reasonable.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded through full and open competition, which typically fosters competitive pricing and ensures the government receives the best value. This method allows all eligible contractors to bid, promoting price discovery and potentially lowering costs.
Taxpayer Impact: The competitive nature of this award is expected to result in fair pricing, minimizing unnecessary taxpayer expenditure for essential financial management support services.
Public Impact
Ensures continuity of financial management operations within the Bureau of Safety and Environmental Enforcement. Supports critical administrative functions necessary for the agency's mission. Provides consulting services that could lead to improved efficiency and cost savings in financial processes.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for scope creep over the 5-year period.
- Reliance on a single vendor for critical financial support.
- Need for ongoing performance monitoring to ensure value.
Positive Signals
- Awarded through full and open competition.
- Firm Fixed Price contract type helps control costs.
- Long-term contract provides stability for essential services.
Sector Analysis
This contract falls under administrative management and general management consulting services. Spending in this sector can vary widely depending on agency needs, but typically supports operational efficiency and strategic planning. Benchmarks are difficult without specific service details.
Small Business Impact
The contract was awarded through full and open competition, and there is no specific indication that small businesses were prioritized or subcontracted. Further analysis would be needed to determine small business participation.
Oversight & Accountability
The contract is subject to standard federal procurement oversight. Performance will be monitored by the Bureau of Safety and Environmental Enforcement to ensure compliance with contract terms and quality standards.
Related Government Programs
- Administrative Management and General Management Consulting Services
- Department of the Interior Contracting
- Bureau of Safety and Environmental Enforcement Programs
Risk Flags
- Contract duration of 5 years may exceed the need for specific consulting services.
- Lack of detail on specific deliverables and performance metrics.
- Potential for vendor lock-in if services become deeply integrated.
- No clear indication of small business subcontracting goals.
Tags
administrative-management-and-general-ma, department-of-the-interior, va, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Interior awarded $2.5 million to SALIENT CRGT, INC.. FINANCIAL MANAGEMENT - SUPPORT
Who is the contractor on this award?
The obligated recipient is SALIENT CRGT, INC..
Which agency awarded this contract?
Awarding agency: Department of the Interior (Bureau of Safety and Environmental Enforcement).
What is the total obligated amount?
The obligated amount is $2.5 million.
What is the period of performance?
Start: 2022-07-01. End: 2027-06-30.
What specific financial management functions will Salient CRGT, Inc. be supporting?
The contract specifies 'Administrative Management and General Management Consulting Services.' This likely includes areas such as budget formulation and execution, financial reporting, accounting operations, internal controls, and potentially strategic financial planning and analysis to support the Bureau of Safety and Environmental Enforcement's mission.
What are the key performance indicators (KPIs) for this contract to ensure effectiveness?
Key performance indicators would likely focus on the accuracy and timeliness of financial reporting, adherence to budget allocations, successful implementation of financial system improvements, and overall client satisfaction from the Bureau of Safety and Environmental Enforcement. Regular performance reviews would track these KPIs.
How does the $2.47 million contract value compare to similar support contracts in the federal government?
Without specific details on the scope of services and the agency size, a direct comparison is challenging. However, for a 5-year contract supporting financial management for a bureau within a large department like the Interior, $2.47 million ($494,000 annually) appears to be within a reasonable range, especially given it was competitively awarded.
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) › 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: 4000 LEGATO RD STE 600, FAIRFAX, VA, 22033
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $2,469,049
Exercised Options: $2,469,049
Current Obligation: $2,469,049
Actual Outlays: $1,793,917
Subaward Activity
Number of Subawards: 2
Total Subaward Amount: $84,280
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: GS00F357CA
IDV Type: FSS
Timeline
Start Date: 2022-07-01
Current End Date: 2027-06-30
Potential End Date: 2027-06-30 00:00:00
Last Modified: 2026-04-02
More Contracts from Salient Crgt, Inc.
- Transfer of Administration From Region 1 to Fedsim — $456.4M (General Services Administration)
- DEA Bluestone Award — $422.0M (General Services Administration)
- THE Purpose of This Modification IS to Award the Task Order Maverick, and Provide Incremental Funding — $411.0M (General Services Administration)
- Software Engineering and Systems Integration in Support of the Army Knowledge Online (AKO) — $303.2M (Department of the Interior)
- Enterprise Support Services and Endpoint Technology (esset) Task Order (47qfca22f0026) Award From Task Order Request (47qfca21f0072) in Support of the US EPA — $287.1M (General Services Administration)
Other Department of the Interior Contracts
- Department of Health and Human Services, Administration of Children and Families, Office of Refugee Resettlement's Legal Services for Unaccompanied Children — $832.4M (Acacia Center for Justice)
- Military Family Life Counseling Program Igf::ot::igf — $638.8M (MHN Government Services LLC)
- Military Family Life Counseling Program — $637.0M (Magellan Healthcare Inc)
- Grants Program Solutions and Information Technology Support Services — $446.3M (Guidehouse Digital LLC)
- THE Purpose of This Requirement for Grants Program Solutions and IT Support Services IS to Provide Efficient and Effective Grant, Financial, and Contract Management Services, IT Solutions, and Support to the Grantsolutions and ITS Partners — $403.1M (Guidehouse Inc.)