Treasury's Bureau of Engraving and Printing awards $4.47M for Robotics Process Automation Support to Anika Systems Inc

Contract Overview

Contract Amount: $4,466,217 ($4.5M)

Contractor: Anika Systems Incorporated

Awarding Agency: Department of the Treasury

Start Date: 2022-09-09

End Date: 2025-03-08

Contract Duration: 911 days

Daily Burn Rate: $4.9K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: ROBOTICS PROCESS AUTOMATION SUPPORT

Place of Performance

Location: LEESBURG, LOUDOUN County, VIRGINIA, 20176

State: Virginia Government Spending

Plain-Language Summary

Department of the Treasury obligated $4.5 million to ANIKA SYSTEMS INCORPORATED for work described as: ROBOTICS PROCESS AUTOMATION SUPPORT Key points: 1. Contract value of $4.47M over approximately 2.5 years suggests a moderate investment in automation capabilities. 2. The contract was awarded under full and open competition, indicating a potentially competitive bidding process. 3. The fixed-price contract type aims to control costs and transfer risk to the contractor. 4. The service category, Computer Systems Design Services, is broad and could encompass various automation solutions. 5. The award is a delivery order, implying it's part of a larger indefinite-delivery/indefinite-quantity (IDIQ) contract or a similar framework. 6. The contractor, Anika Systems Incorporated, has secured this award, suggesting a competitive win against other potential bidders.

Value Assessment

Rating: fair

The contract value of $4.47M for Robotics Process Automation Support over 911 days (approximately 2.5 years) translates to roughly $4,900 per day. Without specific details on the scope of services, it's difficult to benchmark against similar contracts. However, the daily rate appears moderate for specialized IT support. The firm-fixed-price structure suggests an expectation of predictable costs, but the ultimate value for money will depend on the successful implementation and efficiency gains achieved through the automation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES.' This indicates that while the competition was intended to be open, there was a specific reason for excluding certain sources, possibly due to prior performance, specific technical requirements, or a phased approach. The number of bidders is not specified, but the 'full and open' designation suggests multiple entities were considered.

Taxpayer Impact: This level of competition, even with exclusions, generally benefits taxpayers by encouraging competitive pricing and potentially leading to better service offerings. It helps ensure that the government is not unduly limited in its options.

Public Impact

The Bureau of Engraving and Printing (BEP) is the primary beneficiary, likely seeking to improve operational efficiency and reduce manual labor through automation. Services delivered will focus on robotics process automation (RPA) support, which could involve software robots or intelligent automation solutions. The geographic impact is primarily within the BEP's operational facilities, likely in Virginia. Workforce implications may include a shift in tasks from manual to oversight and management of automated processes, potentially requiring new skill sets.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The market for IT services, particularly in areas like computer systems design and automation, is robust and highly competitive. Federal spending in this sector is substantial, driven by agencies' needs to modernize infrastructure, improve efficiency, and enhance cybersecurity. Robotics Process Automation (RPA) is a growing segment within this market, offering solutions for automating repetitive, rule-based tasks. Comparable spending benchmarks for RPA support can vary widely based on complexity, scale, and the specific technologies employed, but contracts in the multi-million dollar range are common for comprehensive support.

Small Business Impact

The data indicates that this contract was not specifically set aside for small businesses (ss: false, sb: false). Therefore, the primary contractor, Anika Systems Incorporated, is likely a large business. There is no explicit information regarding subcontracting plans for small businesses. The impact on the small business ecosystem would depend on whether Anika Systems intends to utilize small business subcontractors, which is not detailed in this award notice.

Oversight & Accountability

Oversight for this contract would typically fall under the Bureau of Engraving and Printing's contracting and program management offices. Accountability measures are inherent in the firm-fixed-price contract type, which ties payment to deliverables and performance. Transparency is facilitated by the public nature of federal contract awards, though detailed performance reports may not be publicly available. Inspector General jurisdiction would apply if any fraud, waste, or abuse were suspected.

Related Government Programs

Risk Flags

Tags

it, robotics-process-automation, computer-systems-design-services, department-of-the-treasury, bureau-of-engraving-and-printing, firm-fixed-price, full-and-open-competition, delivery-order, anika-systems-incorporated, virginia, mid-tier-contract-value

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $4.5 million to ANIKA SYSTEMS INCORPORATED. ROBOTICS PROCESS AUTOMATION SUPPORT

Who is the contractor on this award?

The obligated recipient is ANIKA SYSTEMS INCORPORATED.

Which agency awarded this contract?

Awarding agency: Department of the Treasury (Bureau of Engraving and Printing).

What is the total obligated amount?

The obligated amount is $4.5 million.

What is the period of performance?

Start: 2022-09-09. End: 2025-03-08.

What is the specific scope of 'Robotics Process Automation Support' being provided under this contract?

The provided data indicates the contract is for 'ROBOTICS PROCESS AUTOMATION SUPPORT' under the North American Industry Classification System (NAICS) code 541512, 'Computer Systems Design Services.' However, the specific tasks, deliverables, and technologies involved in this support are not detailed in the summary. This could range from implementing new RPA solutions, maintaining existing ones, developing automation workflows, or providing strategic consulting on automation initiatives. A deeper dive into the contract's Statement of Work (SOW) would be necessary to understand the precise nature of the services and their expected impact on the Bureau of Engraving and Printing's operations.

How does the awarded amount of $4.47 million compare to typical federal spending on similar RPA support contracts?

The awarded amount of $4.47 million over approximately 911 days (about 2.5 years) represents an average annual value of roughly $1.79 million. This figure falls within a moderate range for federal IT support contracts, especially those involving specialized services like RPA. However, direct comparisons are challenging without knowing the contract's scope, complexity, and the specific services rendered. Larger, more comprehensive RPA implementations or agency-wide automation strategies could command significantly higher values, while smaller, task-specific support might be lower. Benchmarking would require analyzing contracts with similar NAICS codes, contract types, and service descriptions.

What are the key performance indicators (KPIs) or success metrics for this contract?

The provided summary data does not include specific Key Performance Indicators (KPIs) or success metrics for this Robotics Process Automation Support contract. Typically, such metrics would be defined in the contract's Statement of Work (SOW) and could include measures like the number of processes automated, reduction in processing time, decrease in error rates, cost savings achieved through automation, or user satisfaction with the automated systems. Without these defined metrics, it is difficult to objectively assess the contractor's performance and the overall value delivered to the Bureau of Engraving and Printing.

What is the track record of Anika Systems Incorporated in providing Robotics Process Automation support to federal agencies?

Information regarding Anika Systems Incorporated's specific track record in providing Robotics Process Automation (RPA) support to federal agencies is not detailed in the provided summary. While the company has secured this $4.47 million contract with the Bureau of Engraving and Printing, this single award does not offer a comprehensive view of their past performance in RPA. To assess their track record, one would need to examine their contract history with other federal entities, client testimonials, past performance evaluations, and any documented successes or failures in delivering RPA solutions.

What is the significance of the contract being awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES'?

The designation 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES' indicates that the contract was initially intended for broad competition, but certain potential bidders were excluded. The reasons for exclusion are not specified but could include factors like prior performance issues, lack of specific qualifications, or a phased approach where only certain vendors were eligible for this particular delivery order. While it implies a competitive process occurred, the exclusion of sources might limit the range of solutions or price points considered, potentially impacting the final value for taxpayers compared to a truly unrestricted full and open competition.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesComputer Systems Design and Related ServicesComputer Systems Design Services

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONSIT AND TELECOM - APLLICATIONS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 161 FORT EVANS RD NE STE 250, LEESBURG, VA, 20176

Business Categories: 8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, Economically Disadvantaged Women Owned Small Business, HUBZone Firm, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, Indian (Subcontinent) American Owned Business, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Financial Breakdown

Contract Ceiling: $4,466,217

Exercised Options: $4,466,217

Current Obligation: $4,466,217

Actual Outlays: $4,466,217

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Parent Contract

Parent Award PIID: 47QTCB21D0306

IDV Type: GWAC

Timeline

Start Date: 2022-09-09

Current End Date: 2025-03-08

Potential End Date: 2025-03-08 00:00:00

Last Modified: 2026-03-06

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