DOJ awards $11.8M contract to Tygrt Technology for FBI portfolio management support
Contract Overview
Contract Amount: $11,872,981 ($11.9M)
Contractor: Tygart Technology Inc
Awarding Agency: Department of Justice
Start Date: 2022-07-05
End Date: 2026-07-04
Contract Duration: 1,460 days
Daily Burn Rate: $8.1K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 2
Pricing Type: TIME AND MATERIALS
Sector: IT
Official Description: PORTFOLIO MANAGEMENT TEAM SUPPORT BASE YEAR AWARD
Place of Performance
Location: FAIRMONT, MARION County, WEST VIRGINIA, 26554
Plain-Language Summary
Department of Justice obligated $11.9 million to TYGART TECHNOLOGY INC for work described as: PORTFOLIO MANAGEMENT TEAM SUPPORT BASE YEAR AWARD Key points: 1. Contract awarded to Tygrt Technology Inc. for $11.8M. 2. Supports the Federal Bureau of Investigation (FBI) with portfolio management. 3. Awarded via full and open competition. 4. Contract type is Time and Materials. 5. Duration is 1460 days, ending July 4, 2026.
Value Assessment
Rating: good
The contract value of $11.8M over approximately four years suggests a reasonable annual spend for specialized portfolio management support. Benchmarking against similar IT support contracts would provide a clearer picture of its competitiveness.
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 can bid.
Taxpayer Impact: Full and open competition aims to ensure taxpayer funds are used efficiently by fostering a competitive environment among potential contractors.
Public Impact
Ensures continued operational support for critical FBI portfolio management functions. Supports a key agency within the Department of Justice. Potential for improved efficiency and effectiveness in FBI operations through dedicated support.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Time and Materials contract type can lead to cost overruns if not closely monitored.
- Specific performance metrics and deliverables are not detailed in the provided data.
Positive Signals
- Awarded through full and open competition, suggesting competitive pricing.
- Long-term contract provides stability for essential services.
Sector Analysis
This contract falls within the IT services sector, specifically supporting administrative and management functions. IT support services for federal agencies are a significant spending area, with benchmarks varying widely based on complexity and scope.
Small Business Impact
The data does not indicate if small businesses were involved in this specific award, either as prime contractors or subcontractors. Further analysis would be needed to determine the extent of small business participation.
Oversight & Accountability
The award was made by the Department of Justice, Federal Bureau of Investigation. Standard oversight mechanisms for federal contracts would apply, including performance monitoring and financial accountability.
Related Government Programs
- All Other Publishers
- Department of Justice Contracting
- Federal Bureau of Investigation Programs
Risk Flags
- Potential for cost creep due to Time and Materials pricing.
- Lack of detailed performance metrics in summary data.
- Scope of 'portfolio management support' is broad and requires clarification.
- Dependence on a single vendor for critical support functions.
Tags
all-other-publishers, department-of-justice, wv, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Justice awarded $11.9 million to TYGART TECHNOLOGY INC. PORTFOLIO MANAGEMENT TEAM SUPPORT BASE YEAR AWARD
Who is the contractor on this award?
The obligated recipient is TYGART TECHNOLOGY INC.
Which agency awarded this contract?
Awarding agency: Department of Justice (Federal Bureau of Investigation).
What is the total obligated amount?
The obligated amount is $11.9 million.
What is the period of performance?
Start: 2022-07-05. End: 2026-07-04.
What specific portfolio management tools and methodologies will Tygrt Technology implement or support?
The provided data does not specify the exact portfolio management tools or methodologies. Further details would be required from the contract's statement of work to understand the technical approach. This information is crucial for assessing the potential effectiveness and value of the support provided.
What are the key performance indicators (KPIs) for this contract, and how will performance be measured?
Key performance indicators and measurement methods are not detailed in the provided summary. Effective oversight requires clearly defined KPIs to ensure Tygrt Technology meets the FBI's needs for portfolio management support and that taxpayer funds are delivering expected outcomes.
How does the $11.8M contract value compare to similar portfolio management support contracts awarded by other federal agencies?
Benchmarking this $11.8M contract against similar federal portfolio management support contracts is difficult without more specific details on the scope of work, required expertise, and duration. However, the full and open competition suggests an effort to achieve a competitive price point for the services rendered.
Industry Classification
NAICS: Information › Newspaper, Periodical, Book, and Directory Publishers › All Other Publishers
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
Offers Received: 2
Pricing Type: TIME AND MATERIALS (Y)
Evaluated Preference: NONE
Contractor Details
Address: 1543 FAIRMONT AVE, FAIRMONT, WV, 26554
Business Categories: Category Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $11,872,981
Exercised Options: $11,872,981
Current Obligation: $11,872,981
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: GS35F0619V
IDV Type: FSS
Timeline
Start Date: 2022-07-05
Current End Date: 2026-07-04
Potential End Date: 2027-07-04 00:00:00
Last Modified: 2026-03-26
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