PBGC awards $650K for HQRL Network Printers to Microtechnologies LLC under full and open competition
Contract Overview
Contract Amount: $650,427 ($650.4K)
Contractor: Microtechnologies LLC
Awarding Agency: Pension Benefit Guaranty Corporation
Start Date: 2023-01-05
End Date: 2026-12-31
Contract Duration: 1,456 days
Daily Burn Rate: $447/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 3
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: HQRL NETWORK PRINTERS
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20024
Plain-Language Summary
Pension Benefit Guaranty Corporation obligated $650,427.32 to MICROTECHNOLOGIES LLC for work described as: HQRL NETWORK PRINTERS Key points: 1. Contract awarded to Microtechnologies LLC for network printers. 2. Full and open competition was utilized for this award. 3. The contract has a duration of 1456 days. 4. The total award amount is $650,427.32. 5. The contract is for 'Other Computer Related Services'.
Value Assessment
Rating: fair
The award amount of $650,427.32 for network printers over nearly four years appears reasonable given the contract type and competition. Benchmarking against similar contracts for IT hardware and services would provide a more precise assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, suggesting a robust price discovery process. This method typically leads to competitive pricing as multiple vendors have the opportunity to bid.
Taxpayer Impact: Taxpayer funds are being used efficiently through a competitive bidding process, aiming to secure necessary network printing services at a fair market price.
Public Impact
Ensures operational continuity for PBGC's headquarters. Supports essential document management and printing needs. Potential for technology refresh and improved printing efficiency.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for vendor lock-in if printer models become proprietary.
- Reliance on a single vendor for maintenance and supplies.
- Risk of obsolescence if technology advances rapidly.
Positive Signals
- Awarded through full and open competition.
- Firm Fixed Price contract type limits cost overrun risk.
- Long-term contract provides budget stability.
Sector Analysis
This contract falls under IT services, specifically related to computer hardware and support. Spending benchmarks for similar IT hardware and managed print services vary widely based on scope, quantity, and service level agreements.
Small Business Impact
While this contract was awarded under full and open competition, there is no specific indication of small business participation or set-aside. Further analysis would be needed to determine if small businesses were excluded or had limited opportunity.
Oversight & Accountability
The Pension Benefit Guaranty Corporation is responsible for overseeing this contract. Standard procurement regulations and contract management practices should ensure accountability and proper execution of services.
Related Government Programs
- Other Computer Related Services
- Pension Benefit Guaranty Corporation Contracting
- Pension Benefit Guaranty Corporation Programs
Risk Flags
- Lack of specific printer model and quantity details.
- Absence of defined KPIs and SLAs for performance monitoring.
- Potential for vendor lock-in with specific hardware.
- Limited insight into small business participation.
Tags
other-computer-related-services, pension-benefit-guaranty-corporation, dc, delivery-order, 100k-plus
Frequently Asked Questions
What is this federal contract paying for?
Pension Benefit Guaranty Corporation awarded $650,427.32 to MICROTECHNOLOGIES LLC. HQRL NETWORK PRINTERS
Who is the contractor on this award?
The obligated recipient is MICROTECHNOLOGIES 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 $650,427.32.
What is the period of performance?
Start: 2023-01-05. End: 2026-12-31.
What is the specific type and quantity of network printers being procured, and how does this align with PBGC's current and future needs?
The data does not specify the exact models or quantities of network printers. Understanding these details is crucial for assessing the value and appropriateness of the $650,427.32 award. It's important to know if the chosen printers meet performance requirements, security standards, and are compatible with PBGC's existing IT infrastructure, ensuring the investment directly supports operational needs without over or under-provisioning.
What are the key performance indicators (KPIs) and service level agreements (SLAs) associated with this contract to ensure effective service delivery?
The provided data lacks details on specific KPIs and SLAs. Effective oversight requires clearly defined metrics for printer uptime, response times for maintenance, print quality, and supply management. Without these, it's challenging to objectively measure Microtechnologies LLC's performance and ensure the agency receives the expected value and service quality throughout the contract's duration.
How does the pricing structure compare to industry benchmarks for similar managed print services, considering the contract duration and scope?
The contract is a Firm Fixed Price (FFP) award for 'Other Computer Related Services' totaling $650,427.32 over 1456 days. While FFP generally offers cost certainty, a direct comparison to industry benchmarks requires detailed information on the number and type of printers, expected page volumes, and included maintenance/support services. Without this granular data, assessing the cost-effectiveness relative to market rates is difficult.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Other Computer Related Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › MANAGEMENT SUPPORT SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: 16PBGC23Q0009
Offers Received: 3
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 220 CONGRESS PARK DR STE 138, DELRAY BEACH, FL, 33445
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Hispanic American Owned Business, Limited Liability Corporation, Minority Owned Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business
Financial Breakdown
Contract Ceiling: $975,641
Exercised Options: $650,427
Current Obligation: $650,427
Actual Outlays: $501,371
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: NNG15SC42B
IDV Type: GWAC
Timeline
Start Date: 2023-01-05
Current End Date: 2026-12-31
Potential End Date: 2028-12-31 00:00:00
Last Modified: 2026-04-13
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