BOEM Awards $7.6M Contract to TEKSYNAP for Data Management Services
Contract Overview
Contract Amount: $7,626,719 ($7.6M)
Contractor: Teksynap Corporation
Awarding Agency: Department of the Interior
Start Date: 2022-11-07
End Date: 2026-04-30
Contract Duration: 1,270 days
Daily Burn Rate: $6.0K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 2
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: BOEM DATA AND INFORMATION MANAGEMENT
Place of Performance
Location: RESTON, FAIRFAX County, VIRGINIA, 20190
State: Virginia Government Spending
Plain-Language Summary
Department of the Interior obligated $7.6 million to TEKSYNAP CORPORATION for work described as: BOEM DATA AND INFORMATION MANAGEMENT Key points: 1. Contract awarded to TEKSYNAP CORPORATION for data and information management. 2. Services fall under Computer Systems Design, a common IT sector. 3. Full and open competition was utilized, suggesting a competitive bidding process. 4. The contract duration is 1270 days, ending April 30, 2026.
Value Assessment
Rating: fair
The contract value of $7.6M over approximately 3.5 years averages to about $2.17M annually. Benchmarking against similar IT services contracts requires more granular data on specific services provided.
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 and 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 necessary services.
Public Impact
Ensures continued operation of critical data management systems for the Bureau of Ocean Energy Management. Supports the agency's mission in overseeing offshore energy resources. Provides stable employment for TEKSYNAP CORPORATION employees involved in the contract.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of specific performance metrics in provided data.
- Potential for cost overruns if scope expands beyond initial estimates.
Positive Signals
- Awarded through full and open competition.
- Clear contract end date provides budget predictability.
Sector Analysis
This contract falls within the Information Technology sector, specifically computer systems design services. Spending in this area is substantial across federal agencies, supporting a wide range of digital infrastructure and operations.
Small Business Impact
The data does not indicate whether small businesses were involved as subcontractors. Further analysis would be needed to determine the extent of small business participation.
Oversight & Accountability
The contract is managed by the Department of the Interior's Bureau of Ocean Energy Management. Standard federal procurement oversight processes would apply, including contract performance monitoring.
Related Government Programs
- Computer Systems Design Services
- Department of the Interior Contracting
- Bureau of Ocean Energy Management Programs
Risk Flags
- Contract duration is long (1270 days).
- Specific performance metrics not detailed.
- Potential for scope creep impacting cost.
- Limited information on small business subcontracting.
Tags
computer-systems-design-services, department-of-the-interior, va, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Interior awarded $7.6 million to TEKSYNAP CORPORATION. BOEM DATA AND INFORMATION MANAGEMENT
Who is the contractor on this award?
The obligated recipient is TEKSYNAP CORPORATION.
Which agency awarded this contract?
Awarding agency: Department of the Interior (Bureau of Ocean Energy Management).
What is the total obligated amount?
The obligated amount is $7.6 million.
What is the period of performance?
Start: 2022-11-07. End: 2026-04-30.
What specific data and information management services are included in this contract?
The provided data identifies the contract as being for 'DATA AND INFORMATION MANAGEMENT' under NAICS code '541512' (Computer Systems Design Services). However, the specific deliverables, technical requirements, and scope of work are not detailed. A thorough review of the contract's statement of work would be necessary to understand the precise services being procured.
How does the awarded price compare to market rates for similar data management services?
Without detailed specifications of the services rendered, a direct market rate comparison is challenging. The contract value of $7.6M over approximately 3.5 years suggests an average annual cost of roughly $2.17M. Benchmarking would require comparing this to contracts for similar scope, complexity, and duration within the federal or commercial sectors.
What are the key performance indicators (KPIs) for this contract to ensure effectiveness?
The provided data does not specify the key performance indicators (KPIs) or service level agreements (SLAs) established for this contract. Effective oversight would necessitate clearly defined metrics related to system uptime, data integrity, response times, and user satisfaction to ensure TEKSYNAP CORPORATION is meeting the Bureau of Ocean Energy Management's needs.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Computer Systems Design Services
Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS › IT AND TELECOM - IT MANAGEMENT
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: 140M0122Q0024
Offers Received: 2
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 1900 ORACLE WAY, RESTON, VA, 20190
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, Indian (Subcontinent) American Owned Business, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $7,647,793
Exercised Options: $7,626,719
Current Obligation: $7,626,719
Actual Outlays: $7,027,094
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: 47QTCA19D00CN
IDV Type: FSS
Timeline
Start Date: 2022-11-07
Current End Date: 2026-04-30
Potential End Date: 2026-04-30 00:00:00
Last Modified: 2026-03-26
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