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

State: West Virginia Government Spending

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

Positive Signals

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

Risk Flags

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: InformationNewspaper, Periodical, Book, and Directory PublishersAll 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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