Treasury's $2.1M IT storage contract with FCN, Inc. awarded via full and open competition
Contract Overview
Contract Amount: $2,079,501 ($2.1M)
Contractor: FCN, Inc.
Awarding Agency: Department of the Treasury
Start Date: 2026-01-27
End Date: 2029-01-26
Contract Duration: 1,095 days
Daily Burn Rate: $1.9K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 5
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: DELL EMC IT STORAGE HARDWARE & NETWORKER SOFTWARE LICENSE
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20219
Plain-Language Summary
Department of the Treasury obligated $2.1 million to FCN, INC. for work described as: DELL EMC IT STORAGE HARDWARE & NETWORKER SOFTWARE LICENSE Key points: 1. Contract provides essential IT storage hardware and software licenses. 2. Awarded through a competitive process, suggesting potential for price discovery. 3. Duration of 1095 days indicates a medium-term need for these services. 4. The contract is a delivery order, implying it's part of a larger framework agreement. 5. Fixed-price contract type helps manage cost certainty for the government. 6. The North American Industry Classification System (NAICS) code 541519 points to broader IT services.
Value Assessment
Rating: good
The contract value of approximately $2.1 million over three years for IT storage hardware and software licenses appears reasonable. Benchmarking against similar large-scale IT procurements for storage solutions suggests this is within expected ranges, especially considering the inclusion of networker software. The firm fixed-price structure provides cost predictability. Without specific details on the exact hardware and software configurations, a precise per-unit cost comparison is difficult, but the overall value proposition seems sound given the competitive award.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
This contract was awarded under 'Full and Open Competition After Exclusion of Sources,' indicating that the solicitation was broadly advertised and multiple responsible sources were permitted to submit offers. The presence of 5 bids suggests a healthy level of competition for this IT hardware and software requirement. This competitive environment is generally favorable for achieving competitive pricing and ensuring the government receives a good value for its investment.
Taxpayer Impact: The full and open competition with multiple bidders is beneficial for taxpayers as it drives down prices through market forces and encourages vendors to offer their best terms.
Public Impact
The Department of the Treasury, specifically the Office of the Comptroller of the Currency, benefits from enhanced IT infrastructure. The contract ensures the availability of critical IT storage hardware and networker software licenses. Services are delivered within the District of Columbia, supporting federal operations. The contract supports the IT workforce involved in managing and maintaining storage solutions.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for vendor lock-in if specific proprietary hardware/software is chosen.
- Reliance on a single vendor for both hardware and software could limit future flexibility.
- Ensuring ongoing compatibility with existing and future IT infrastructure is crucial.
Positive Signals
- Competitive award process likely secured favorable pricing.
- Firm fixed-price contract provides budget certainty.
- Delivery order structure may indicate efficient procurement within an existing framework.
Sector Analysis
This contract falls within the Information Technology sector, specifically focusing on IT hardware and software licensing. The market for enterprise storage solutions is robust, with major players like Dell EMC (the apparent hardware/software provider) competing fiercely. Government spending on IT infrastructure, including storage, is substantial, often driven by the need for data management, security, and operational efficiency. This contract represents a typical procurement for essential IT components within the federal government.
Small Business Impact
The provided data does not indicate if this contract included small business set-asides or subcontracting goals. As it was awarded under full and open competition, it's possible that small businesses participated, but their specific role or the extent of their involvement is not detailed. Further analysis would be needed to determine the impact on the small business ecosystem.
Oversight & Accountability
The contract is subject to standard federal procurement oversight. As a delivery order, it likely falls under a broader contract vehicle with its own oversight mechanisms. The firm fixed-price nature simplifies financial oversight. Transparency is generally maintained through contract databases like FPDS. The Inspector General for the Department of the Treasury would have jurisdiction over potential fraud, waste, or abuse related to this contract.
Related Government Programs
- General Services Administration (GSA) IT Schedule Contracts
- Department of Defense (DoD) IT Procurement
- Federal Data Center Consolidation Initiative
- IT Hardware and Software Licensing Agreements
Risk Flags
- Potential for technology obsolescence over the contract duration.
- Dependence on a specific vendor (Dell EMC) may limit future flexibility.
- Ensuring adequate cybersecurity measures for the storage infrastructure.
Tags
it-storage, hardware, software-license, dell-emc, fcn-inc, department-of-the-treasury, office-of-the-comptroller-of-the-currency, full-and-open-competition, firm-fixed-price, delivery-order, district-of-columbia, naics-541519
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $2.1 million to FCN, INC.. DELL EMC IT STORAGE HARDWARE & NETWORKER SOFTWARE LICENSE
Who is the contractor on this award?
The obligated recipient is FCN, INC..
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 $2.1 million.
What is the period of performance?
Start: 2026-01-27. End: 2029-01-26.
What specific Dell EMC hardware models and Networker software versions are included in this contract?
The provided data does not specify the exact Dell EMC hardware models or the precise versions of Networker software licensed under this contract. This level of detail is typically found in the contract's statement of work or technical specifications, which are not included in the summary data. Understanding the specific configurations is crucial for assessing performance capabilities, potential upgrade paths, and long-term compatibility with the Treasury's existing IT environment. Without this information, it's challenging to benchmark the technology's modernity or its suitability for advanced data management tasks.
How does the awarded price compare to GSA Schedule pricing for similar Dell EMC products?
Comparing the awarded price to GSA Schedule pricing requires access to both the contract's specific line items and current GSA Schedule price lists for identical or comparable Dell EMC hardware and Networker software. The summary data indicates a total award of $2,079,500.73 over 1095 days. GSA Schedules often provide pre-negotiated, discounted pricing. If this contract was awarded competitively, it should ideally reflect pricing at or below GSA rates. However, variations in service levels, support, and specific configurations can account for price differences. A detailed analysis would involve cross-referencing the contract's deliverables with specific GSA Schedule offerings.
What is the historical spending pattern for IT storage solutions by the Office of the Comptroller of the Currency?
The provided data does not include historical spending patterns for IT storage solutions by the Office of the Comptroller of the Currency (OCC). To establish a pattern, one would need to analyze past contract awards for similar goods and services over several fiscal years. This would involve querying federal procurement databases (like FPDS) for contracts awarded to the OCC related to 'storage hardware,' 'storage software,' 'data storage,' and similar terms. Understanding historical spending helps in evaluating whether the current $2.1 million award is consistent with past investments, represents an increase or decrease, and aligns with any strategic shifts in IT infrastructure.
What are the key performance indicators (KPIs) or service level agreements (SLAs) associated with this contract?
The summary data does not detail the Key Performance Indicators (KPIs) or Service Level Agreements (SLAs) for this contract. These are critical components that define the expected performance standards for the IT storage hardware and software. SLAs typically cover aspects like system uptime, data accessibility, response times for technical support, and hardware replacement timelines. Without these, it is difficult to objectively measure the contractor's performance and ensure the Treasury is receiving the expected level of service and reliability from the procured solutions. These details would normally be found in the contract's statement of work.
What is FCN, Inc.'s track record with similar large-scale IT hardware and software contracts for federal agencies?
FCN, Inc. has a track record of securing and performing on federal IT contracts. While the provided data focuses on this specific award, a broader review of FCN's contract history would reveal their experience with delivering IT hardware, software licenses, and related services to various government agencies. Key aspects to examine would include the size and complexity of past contracts, customer satisfaction ratings (if available), past performance evaluations, and any history of contract disputes or challenges. This information helps assess FCN's capability to successfully execute this $2.1 million Treasury contract.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Other Computer Related Services
Product/Service Code: IT AND TELECOM - DATA CENTER
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: 2031JW26Q00016
Offers Received: 5
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 2600 TOWER OAKS BLVD STE 575, ROCKVILLE, MD, 20852
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business
Financial Breakdown
Contract Ceiling: $2,079,501
Exercised Options: $2,079,501
Current Obligation: $2,079,501
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: NNG15SC71B
IDV Type: GWAC
Timeline
Start Date: 2026-01-27
Current End Date: 2029-01-26
Potential End Date: 2029-01-26 00:00:00
Last Modified: 2026-01-27
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