DOL Awards $48.8M for Technical Training to Insights Training Group, LLC

Contract Overview

Contract Amount: $48,761,567 ($48.8M)

Contractor: Insights Training Group, LLC

Awarding Agency: Department of Labor

Start Date: 2021-04-01

End Date: 2026-09-30

Contract Duration: 2,008 days

Daily Burn Rate: $24.3K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 5

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: CARL D. PERKINS JCC OA/CTS

Place of Performance

Location: PRESTONSBURG, FLOYD County, KENTUCKY, 41653

State: Kentucky Government Spending

Plain-Language Summary

Department of Labor obligated $48.8 million to INSIGHTS TRAINING GROUP, LLC for work described as: CARL D. PERKINS JCC OA/CTS Key points: 1. Contract awarded to a single entity, INSIGHTS TRAINING GROUP, LLC. 2. The contract is for 'Other Technical and Trade Schools' services. 3. Spending is concentrated in Kentucky. 4. The contract duration is over 5 years.

Value Assessment

Rating: fair

The contract's fixed-price with economic price adjustment structure may lead to cost overruns if inflation is high. Benchmarking against similar technical training contracts is needed to assess value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES,' suggesting a limited competition. This method may not have yielded the best possible price discovery.

Taxpayer Impact: Taxpayer funds are being used for technical training services. The effectiveness and efficiency of the training will determine the ultimate taxpayer value.

Public Impact

Supports workforce development through technical and trade education. Aims to equip individuals with skills for specific industries. Potential impact on local economies in Kentucky through job training.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition may impact price.
Economic price adjustment introduces cost uncertainty.

Positive Signals

Addresses a specific training need.
Long-term contract provides stability.

Sector Analysis

The 'Other Technical and Trade Schools' sector involves specialized training. Spending benchmarks for this niche are difficult to establish without more specific service details.

Small Business Impact

The contract was not awarded to a small business. There is no indication of subcontracting opportunities for small businesses within this award.

Oversight & Accountability

The Department of Labor's Office of the Assistant Secretary for Administration and Management is overseeing this contract. Standard oversight procedures should apply.

Related Government Programs

Other Technical and Trade Schools
Department of Labor Contracting
Office of the Assistant Secretary for Administration and Management Programs

Risk Flags

Lack of detailed performance metrics.
Potential for cost increases due to economic price adjustment.
Limited competition raises questions about best value.
Unclear justification for source exclusion.

Frequently Asked Questions

What is this federal contract paying for?

Department of Labor awarded $48.8 million to INSIGHTS TRAINING GROUP, LLC. CARL D. PERKINS JCC OA/CTS

Who is the contractor on this award?

The obligated recipient is INSIGHTS TRAINING GROUP, LLC.

Which agency awarded this contract?

Awarding agency: Department of Labor (Office of the Assistant Secretary for Administration and Management).

What is the total obligated amount?

The obligated amount is $48.8 million.

What is the period of performance?

Start: 2021-04-01. End: 2026-09-30.

What specific technical skills are being taught, and how do they align with current labor market demands?

The provided data does not specify the exact technical skills covered. Further analysis would require reviewing the contract's statement of work to understand the curriculum and its relevance to in-demand occupations. This is crucial for assessing the true value and effectiveness of the training program.

What is the rationale for excluding other sources in the competition, and was fair opportunity given?

The contract states 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES.' This implies that while the competition was initially open, certain sources were excluded before the final award. The specific reasons for exclusion and the process for ensuring fair opportunity to those not excluded need further investigation to confirm competitive fairness.

How will the effectiveness of the training be measured to ensure taxpayer return on investment?

The contract details do not specify performance metrics or evaluation methods. To ensure accountability and taxpayer value, the Department of Labor should establish clear key performance indicators (KPIs) related to training completion rates, job placement, and post-training salary increases.

Industry Classification

NAICS: Educational Services › Technical and Trade Schools › Other Technical and Trade Schools

Product/Service Code: EDUCATION AND TRAINING › EDUCATION AND TRAINING SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: 1630J2-20-R-0003

Offers Received: 5

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT (K)

Evaluated Preference: NONE

Contractor Details

Address: 327 N MAIN ST, MARION, VA, 24354

Business Categories: Asian Pacific American Owned Business, Category Business, Corporate Entity Not Tax Exempt, HUBZone Firm, Limited Liability Corporation, Minority Owned Business, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Financial Breakdown

Contract Ceiling: $52,759,369

Exercised Options: $52,759,369

Current Obligation: $48,761,567

Actual Outlays: $44,873,531

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline