PBGC awards $2.75M for Primavera P6 software updates and support to EMERGENT, LLC

Contract Overview

Contract Amount: $275,336 ($275.3K)

Contractor: Emergent, LLC

Awarding Agency: Pension Benefit Guaranty Corporation

Start Date: 2021-09-23

End Date: 2026-09-22

Contract Duration: 1,825 days

Daily Burn Rate: $151/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: PRIMAVERA P6 SOFTWARE UPDATES, MAINTENANCE, AND SUPPORT

Place of Performance

Location: VIRGINIA BEACH, VIRGINIA BEACH CITY County, VIRGINIA, 23462

State: Virginia Government Spending

Plain-Language Summary

Pension Benefit Guaranty Corporation obligated $275,336 to EMERGENT, LLC for work described as: PRIMAVERA P6 SOFTWARE UPDATES, MAINTENANCE, AND SUPPORT Key points: 1. Contract awarded via full and open competition, suggesting a competitive bidding process. 2. The contract is for software updates, maintenance, and support, indicating ongoing operational needs. 3. The fixed-price contract type aims to control costs for the government. 4. The duration of the contract is 5 years, aligning with typical software lifecycle management. 5. The award is a delivery order under a larger contract vehicle, not a standalone award. 6. The North American Industry Classification System (NAICS) code 541519 suggests a broad range of computer-related services.

Value Assessment

Rating: fair

The total award amount of $2.75 million over five years for software maintenance and support appears reasonable for enterprise-level software. Benchmarking against similar contracts for Primavera P6 support is difficult without more specific details on the scope of services and the exact version supported. However, the firm fixed-price structure provides cost certainty. The value proposition hinges on the criticality of the software to the Pension Benefit Guaranty Corporation's operations and the effectiveness of the support provided by EMERGENT, LLC.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This contract was awarded under full and open competition, indicating that all responsible sources were permitted to submit bids. The presence of 3 bidders suggests a moderate level of competition for this specific delivery order. While competition exists, the exact number of bidders limits the ability to definitively assess if the pricing achieved represents the lowest possible market rate. Further analysis would require understanding the specific requirements and the capabilities of the competing firms.

Taxpayer Impact: Full and open competition generally benefits taxpayers by encouraging multiple vendors to offer competitive pricing, potentially leading to cost savings. The presence of three bidders suggests that the Pension Benefit Guaranty Corporation likely received a reasonably competitive price for these essential software services.

Public Impact

The Pension Benefit Guaranty Corporation (PBGC) benefits directly through continued access to critical project management software. Services delivered include software updates, maintenance, and technical support for Primavera P6. The geographic impact is primarily within the PBGC's operational locations, likely concentrated in Washington D.C. and potentially remote users. Workforce implications include ensuring PBGC's project managers and analysts have reliable tools for managing pension plan data and financial operations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for vendor lock-in if alternative software solutions are not considered.
Reliance on a single vendor for critical software updates could pose a risk if the vendor experiences operational issues.

Positive Signals

Awarded through full and open competition, indicating a structured procurement process.
Firm fixed-price contract type provides cost predictability.
Long-term contract (5 years) allows for stable planning and support.

Sector Analysis

Primavera P6 is a widely used project management software, particularly in industries requiring complex scheduling and resource management, such as construction, engineering, and government operations. The market for enterprise software maintenance and support is mature, with several established vendors. This contract fits within the broader IT services sector, specifically focusing on specialized software support. Comparable spending benchmarks for similar enterprise software support contracts can vary significantly based on the software's criticality, user base, and vendor pricing models.

Small Business Impact

This contract was not set aside for small businesses, and the data indicates no specific subcontracting requirements for small businesses were mandated. As EMERGENT, LLC is the awardee, their small business status or subcontracting practices would need further investigation. The absence of a small business set-aside suggests the primary focus was on obtaining the best value from the broader market, potentially overlooking opportunities to engage small businesses in this specific procurement.

Oversight & Accountability

The Pension Benefit Guaranty Corporation (PBGC) is responsible for overseeing this contract. As a delivery order under a larger contract vehicle, oversight may be managed through the parent contract's administration. Transparency is facilitated by the contract award data being publicly available. Accountability measures would typically be embedded within the contract terms and performance metrics, with potential recourse through the contract's dispute resolution process. Inspector General jurisdiction would apply if any fraud, waste, or abuse is suspected.

Related Government Programs

IT Software Maintenance and Support
Enterprise Resource Planning (ERP) Systems Support
Government IT Modernization Programs
Project Management Software Procurement

Risk Flags

Potential for cost overruns if scope creep occurs.
Dependence on vendor for critical software updates and security patches.
Risk of performance issues if support levels are not adequately met.

Frequently Asked Questions

What is this federal contract paying for?

Pension Benefit Guaranty Corporation awarded $275,336 to EMERGENT, LLC. PRIMAVERA P6 SOFTWARE UPDATES, MAINTENANCE, AND SUPPORT

Who is the contractor on this award?

The obligated recipient is EMERGENT, 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 $275,336.

What is the period of performance?

Start: 2021-09-23. End: 2026-09-22.

What is the specific version of Primavera P6 being supported, and what are the key features included in the updates and maintenance?

The provided data does not specify the exact version of Primavera P6 software covered by this contract. Primavera P6 is a robust project management software suite developed by Oracle, widely used for planning, scheduling, and controlling complex projects. Updates typically include security patches, performance enhancements, bug fixes, and potentially new features depending on the software's development roadmap. Maintenance generally encompasses technical support, troubleshooting, and ensuring the software's continued operational integrity. Without specific version details, it's challenging to assess the scope of the updates and the value of the maintenance provided.

How does the annual cost of this contract compare to industry benchmarks for Primavera P6 maintenance and support?

The total contract value is $2.75 million over 5 years, averaging $550,000 per year. Benchmarking this against industry standards for Primavera P6 maintenance and support is complex without knowing the specific version, number of users, modules licensed, and the level of support required (e.g., 8x5 vs. 24x7). Oracle's support costs can vary, but typically range from 15-25% of the software license cost annually. If this contract represents primarily maintenance and standard support, the annual cost appears to be within a plausible range for an enterprise deployment. However, a precise comparison would necessitate detailed information on the scope of services and the original licensing costs.

What is EMERGENT, LLC's track record with providing support for Oracle products, specifically Primavera P6?

Information regarding EMERGENT, LLC's specific track record with Oracle products, particularly Primavera P6, is not detailed in the provided data. To assess their capability, one would need to review past performance evaluations, other government contracts they have held for similar services, and client testimonials. Their ability to successfully fulfill this contract depends on their technical expertise, responsiveness, and understanding of the Primavera P6 ecosystem. A deeper dive into their contract history and client feedback would be necessary to fully evaluate their qualifications and past performance in this specialized area.

What are the key performance indicators (KPIs) or service level agreements (SLAs) associated with this contract?

The provided contract data does not explicitly list the Key Performance Indicators (KPIs) or Service Level Agreements (SLAs) for this delivery order. Typically, contracts for software maintenance and support include SLAs related to response times for technical issues, resolution times, availability of support personnel, and timeliness of software updates. The Pension Benefit Guaranty Corporation would likely have defined these metrics within the contract's statement of work to ensure EMERGENT, LLC meets performance expectations. Without these specific SLAs, it is difficult to quantitatively assess the expected performance and quality of service.

How does the Pension Benefit Guaranty Corporation utilize Primavera P6 software in its operations?

Primavera P6 is a powerful project management tool used for planning, scheduling, and managing complex projects. The Pension Benefit Guaranty Corporation (PBGC) likely uses Primavera P6 to manage its internal projects, such as IT system upgrades, facility management, or financial system implementations. It could also be used to track and manage the administration of pension plans, especially those in distress or requiring complex financial oversight. The software's ability to handle intricate dependencies, resource allocation, and risk analysis makes it suitable for the PBGC's mission of protecting retirement security for millions of Americans.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Other Computer Related Services

Product/Service Code: IT AND TELECOM - APLLICATIONS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 16PBGC21Q0081

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Mythics, Inc.

Address: 4525 MAIN ST STE 1500, VIRGINIA BEACH, VA, 23462

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $334,805

Exercised Options: $275,336

Current Obligation: $275,336

Actual Outlays: $203,158

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: NNG15SC33B

IDV Type: GWAC

Timeline