PBGC awards $4M contract for FSAD Office Support Services to Eagle Health, LLC
Contract Overview
Contract Amount: $4,000,545 ($4.0M)
Contractor: Eagle Health, LLC
Awarding Agency: Pension Benefit Guaranty Corporation
Start Date: 2021-06-01
End Date: 2026-05-31
Contract Duration: 1,825 days
Daily Burn Rate: $2.2K/day
Competition Type: NOT AVAILABLE FOR COMPETITION
Number of Offers Received: 1
Pricing Type: LABOR HOURS
Sector: Other
Official Description: FSAD OFFICE SUPPORT SERVICES
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20024
Plain-Language Summary
Pension Benefit Guaranty Corporation obligated $4.0 million to EAGLE HEALTH, LLC for work described as: FSAD OFFICE SUPPORT SERVICES Key points: 1. Contract value is $4.00M over 5 years. 2. Eagle Health, LLC is the sole awardee. 3. The contract is for administrative management and general management consulting services. 4. The contract is not available for competition.
Value Assessment
Rating: questionable
The contract value is $4.00M over 5 years, averaging $800K annually. Without comparable contract data or pricing details, it is difficult to assess if this represents excellent value. The lack of competition raises concerns about potential overpricing.
Cost Per Unit: N/A
Competition Analysis
Competition Level: sole-source
This contract was awarded as a sole-source, not available for competition. This significantly limits price discovery and negotiation leverage, potentially leading to higher costs for taxpayers.
Taxpayer Impact: The sole-source nature of this award means taxpayers may not be receiving the best possible price due to the absence of competitive bidding.
Public Impact
Taxpayers may be overpaying due to the lack of competition. The specific services provided are not detailed, making it hard to gauge their necessity. The long-term nature of the contract (5 years) locks in potential inefficiencies.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Sole-source award
- Lack of competition
- No pricing details available
Positive Signals
- Contract awarded to a single entity, potentially streamlining service delivery.
Sector Analysis
This contract falls under administrative management and general management consulting services. Benchmarking spending in this sector is challenging without more specific service details, but significant sole-source awards warrant scrutiny.
Small Business Impact
There is no indication that small businesses were involved in this sole-source award, which could be an opportunity missed for small business participation.
Oversight & Accountability
The sole-source nature of this award necessitates robust oversight to ensure the services are necessary, performed effectively, and priced reasonably, despite the lack of competition.
Related Government Programs
- Administrative Management and General Management Consulting Services
- Pension Benefit Guaranty Corporation Contracting
- Pension Benefit Guaranty Corporation Programs
Risk Flags
- Sole-source award limits competition.
- Lack of transparency in pricing.
- Potential for overpayment due to no competitive bidding.
- Long contract duration (5 years) may not be optimal.
- No clear indication of small business participation.
Tags
administrative-management-and-general-ma, pension-benefit-guaranty-corporation, dc, definitive-contract, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Pension Benefit Guaranty Corporation awarded $4.0 million to EAGLE HEALTH, LLC. FSAD OFFICE SUPPORT SERVICES
Who is the contractor on this award?
The obligated recipient is EAGLE HEALTH, LLC.
Which agency awarded this contract?
Awarding agency: Pension Benefit Guaranty Corporation (Pension Benefit Guaranty Corporation).
What is the total obligated amount?
The obligated amount is $4.0 million.
What is the period of performance?
Start: 2021-06-01. End: 2026-05-31.
What specific administrative management and general management consulting services are being provided under this contract, and how do they align with the Pension Benefit Guaranty Corporation's core mi
The provided data does not specify the exact services. However, 'Administrative Management and General Management Consulting Services' typically encompass areas like organizational efficiency, strategic planning, process improvement, and operational support. Understanding the precise deliverables is crucial to assess their necessity and value to the PBGC's mission of protecting pension benefits.
Given the sole-source award, what mechanisms are in place to ensure fair pricing and prevent potential cost overruns for these consulting services?
Without competition, ensuring fair pricing is challenging. The PBGC should have employed robust cost analysis, market research, and potentially negotiation strategies to establish a reasonable price. Ongoing monitoring of performance and expenditures is critical to identify any potential overruns or inefficiencies early on.
How will the effectiveness of Eagle Health, LLC's services be measured, and what are the key performance indicators (KPIs) for this contract?
The contract details do not specify KPIs or performance metrics. Effective oversight would require the PBGC to establish clear, measurable KPIs related to the consulting services' impact on efficiency, cost savings, or strategic goal achievement. Regular performance reviews against these KPIs are essential to gauge effectiveness.
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) › ADMINISTRATIVE SUPPORT SERVICES
Competition & Pricing
Extent Competed: NOT AVAILABLE FOR COMPETITION
Solicitation Procedures: ONLY ONE SOURCE
Solicitation ID: 16PBGC21Q0037
Offers Received: 1
Pricing Type: LABOR HOURS (Z)
Evaluated Preference: NONE
Contractor Details
Parent Company: Cape FOX Corporation
Address: 7050 INFANTRY RIDGE RD, MANASSAS, VA, 20109
Business Categories: 8(a) Program Participant, Alaskan Native Corporation Owned Firm, Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Minority Owned Business, Native American Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $4,691,139
Exercised Options: $4,000,545
Current Obligation: $4,000,545
Actual Outlays: $1,752,042
Contract Characteristics
Multi-Year Contract: Yes
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Timeline
Start Date: 2021-06-01
Current End Date: 2026-05-31
Potential End Date: 2026-05-31 00:00:00
Last Modified: 2026-04-13
More Contracts from Eagle Health, LLC
- Eagle Health Shall Provide ALL Contractor Support Services to Hctm AS Detailed in the SOW of This Contract — $36.5M (Agency for International Development)
- Occupational Medical Services LLC:1331570 [20-001580] — $27.2M (Department of Health and Human Services)
- Contract Resource Management for the Defense Health Agency — $17.1M (Department of Defense)
- National Capital Region FDA Occupational Health Clinic Services — $10.9M (Department of Health and Human Services)
Other Pension Benefit Guaranty Corporation Contracts
- Field Office Support Services — $141.0M (Serco Inc)
- O&M and DM&E Work — $130.5M (Science Applications International Corporation)
- Portfolio Management Services — $117.6M (Pgim, Inc.)
- Portfolio Management Services — $112.4M (Pacific Investment Management Company LLC)
- This to IS to Improve Customer Service Scores Reported by a 3rd-Party Vendor WHO Completes a Quarterly Participant Caller Survey. PSD Seeks to Improve CX by Reducing the Number of Contacts & Paper Forms Customers Complete to Fulfill Requests — $95.8M (Serco Inc)