Treasury's OCC Leases Multifunctional Devices for $2.2M Across Continental US
Contract Overview
Contract Amount: $2,239,130 ($2.2M)
Contractor: Cartridge Technologies, LLC
Awarding Agency: Department of the Treasury
Start Date: 2021-08-01
End Date: 2026-07-31
Contract Duration: 1,825 days
Daily Burn Rate: $1.2K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 4
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: THE PURPOSE OF THIS CONTRACT IS FOR THE LEASE OF MULTIFUNCTIONAL DEVICES (MFDS) FOR OCC OFFICE LOCATIONS THROUGHOUT THE CONTINENTAL UNITED STATES.
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20219
Plain-Language Summary
Department of the Treasury obligated $2.2 million to CARTRIDGE TECHNOLOGIES, LLC for work described as: THE PURPOSE OF THIS CONTRACT IS FOR THE LEASE OF MULTIFUNCTIONAL DEVICES (MFDS) FOR OCC OFFICE LOCATIONS THROUGHOUT THE CONTINENTAL UNITED STATES. Key points: 1. Lease of MFDs for OCC offices nationwide. 2. Contract awarded via full and open competition. 3. Firm fixed price contract type. 4. Spending is concentrated in Washington D.C. metro area. 5. No small business participation noted.
Value Assessment
Rating: good
The total contract value of $2.2M over 5 years for MFDs appears reasonable given the scope of continental US coverage. Benchmarking against similar government leases for office equipment would provide a more precise assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded through full and open competition, suggesting a competitive bidding process that likely led to fair market pricing. The use of a delivery order under a larger contract structure is common for such procurements.
Taxpayer Impact: Taxpayer funds are being used for essential office equipment, with competition aiming to ensure cost-effectiveness.
Public Impact
Ensures operational continuity for OCC offices by providing necessary printing and copying capabilities. Supports remote and in-office work across numerous locations. Potential for cost savings through consolidated leasing and maintenance.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of small business participation.
- Geographic concentration of spending.
Positive Signals
- Full and open competition.
- Firm fixed price contract.
Sector Analysis
This contract falls within the IT and office equipment sector, specifically focusing on multifunction devices. Government spending on office equipment is substantial, with MFDs being a common requirement for agency operations.
Small Business Impact
The contract data indicates no small business participation. Agencies are encouraged to seek out and include small businesses in their procurements to foster economic growth and competition.
Oversight & Accountability
The contract is managed by the Department of the Treasury's Office of the Comptroller of the Currency. Standard government oversight for lease agreements and vendor performance would apply.
Related Government Programs
- Computer and Office Machine Repair and Maintenance
- Department of the Treasury Contracting
- Office of the Comptroller of the Currency Programs
Risk Flags
- No small business participation.
- Potential for vendor lock-in.
- Geographic dispersion may complicate service.
- Technology obsolescence risk.
Tags
computer-and-office-machine-repair-and-m, department-of-the-treasury, dc, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $2.2 million to CARTRIDGE TECHNOLOGIES, LLC. THE PURPOSE OF THIS CONTRACT IS FOR THE LEASE OF MULTIFUNCTIONAL DEVICES (MFDS) FOR OCC OFFICE LOCATIONS THROUGHOUT THE CONTINENTAL UNITED STATES.
Who is the contractor on this award?
The obligated recipient is CARTRIDGE TECHNOLOGIES, LLC.
Which agency awarded this contract?
Awarding agency: Department of the Treasury (Office of the Comptroller of the Currency).
What is the total obligated amount?
The obligated amount is $2.2 million.
What is the period of performance?
Start: 2021-08-01. End: 2026-07-31.
What is the average cost per device or per location, and how does this compare to industry benchmarks for similar leased MFDs?
The total contract value is $2.23M over 5 years for an unspecified number of MFDs across the continental US. Without knowing the exact quantity or specific models, a precise per-unit cost is difficult to determine. However, this averages to approximately $447,826 annually. A detailed breakdown of device types and quantities would be needed to compare against industry benchmarks for leased MFDs.
What are the specific risks associated with leasing MFDs for such a widespread geographic area, and how are they mitigated?
Risks include potential service disruptions due to the broad geographic spread, maintenance challenges, and the possibility of outdated technology by the end of the lease term. Mitigation strategies likely involve robust service level agreements with the vendor, clear maintenance protocols, and potentially clauses for technology refresh or early termination if service levels are not met.
How effectively does this lease agreement support the OCC's mission and operational needs across its various offices?
The lease provides essential document management capabilities (printing, copying, scanning) critical for daily operations in any office environment. By ensuring access to these devices nationwide, it supports the OCC's ability to function effectively across its continental US locations, facilitating information flow and administrative tasks necessary for its mission.
Industry Classification
NAICS: Other Services (except Public Administration) › Electronic and Precision Equipment Repair and Maintenance › Computer and Office Machine Repair and Maintenance
Product/Service Code: QUALITY CONTROL, TEST, INSPECTION › QUALITY CONTROL SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: 2031JW21Q00113
Offers Received: 4
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 15738 CRABBS BRANCH WAY, ROCKVILLE, MD, 20850
Business Categories: Category Business, Limited Liability Corporation, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $2,239,130
Exercised Options: $2,239,130
Current Obligation: $2,239,130
Actual Outlays: $1,994,433
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: GS03F0151X
IDV Type: FSS
Timeline
Start Date: 2021-08-01
Current End Date: 2026-07-31
Potential End Date: 2026-07-31 00:00:00
Last Modified: 2026-03-26
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