Treasury's IRS Awards $24.8M Contract for Consulting Services to Summome Native Ventures LLC

Contract Overview

Contract Amount: $24,833,952 ($24.8M)

Contractor: Summome Native Ventures LLC

Awarding Agency: Department of the Treasury

Start Date: 2023-09-18

End Date: 2024-09-17

Contract Duration: 365 days

Daily Burn Rate: $68.0K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: CONSULTING SUPPORT SERVICES

Place of Performance

Location: ATMORE, ESCAMBIA County, ALABAMA, 36502

State: Alabama Government Spending

Plain-Language Summary

Department of the Treasury obligated $24.8 million to SUMMOME NATIVE VENTURES LLC for work described as: CONSULTING SUPPORT SERVICES Key points: 1. Contract awarded for administrative and general management consulting. 2. The contract is valued at $24.8 million. 3. Summome Native Ventures LLC is the sole awardee. 4. The contract duration is 365 days. 5. The North American Industry Classification System (NAICS) code is 541611.

Value Assessment

Rating: questionable

The contract is a definitive contract with a firm fixed price. However, without competitive bidding, it's difficult to assess if the price is optimal. The awarded amount of $24.8 million needs further benchmarking against similar consulting contracts.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not available for competition, indicating a sole-source award. This limits price discovery and potentially leads to higher costs for taxpayers as there was no competitive pressure to drive down the price.

Taxpayer Impact: The lack of competition for a $24.8 million contract raises concerns about potential overspending and inefficient use of taxpayer funds.

Public Impact

Taxpayers may be paying a premium due to the absence of competitive bidding. The IRS is relying on a single vendor for critical consulting support. Transparency in the sole-source justification is crucial for public trust. The effectiveness of the consulting services will directly impact IRS operations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the professional, scientific, and technical services sector, specifically administrative and management consulting. Benchmarks for similar services can vary widely based on scope and expertise, but sole-source awards often deviate from market rates.

Small Business Impact

The contract was awarded to Summome Native Ventures LLC, and there is no indication of subcontracting opportunities for small businesses. Further analysis is needed to determine if small businesses were considered or excluded from this sole-source award.

Oversight & Accountability

Oversight is critical for sole-source contracts to ensure the government receives fair value and that the services provided meet the stated requirements. The Department of the Treasury and the IRS should have robust internal controls and reporting mechanisms in place.

Related Government Programs

Risk Flags

Tags

administrative-management-and-general-ma, department-of-the-treasury, al, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $24.8 million to SUMMOME NATIVE VENTURES LLC. CONSULTING SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is SUMMOME NATIVE VENTURES LLC.

Which agency awarded this contract?

Awarding agency: Department of the Treasury (Internal Revenue Service).

What is the total obligated amount?

The obligated amount is $24.8 million.

What is the period of performance?

Start: 2023-09-18. End: 2024-09-17.

What was the justification for awarding this contract on a sole-source basis, and how does it align with federal procurement regulations for non-competitive awards?

Federal procurement regulations allow for sole-source awards under specific circumstances, such as when only one responsible source can satisfy the agency's needs. The justification typically involves detailing why competition is impracticable or not advantageous. For this $24.8 million contract, the IRS would need to provide a compelling rationale, such as unique expertise, proprietary technology, or urgent requirements that preclude a competitive process. This justification is crucial for ensuring accountability and demonstrating that taxpayer funds are being used appropriately.

How will the IRS ensure that the $24.8 million spent on these consulting services provides good value for taxpayers, given the lack of competitive bidding?

To ensure value, the IRS must implement rigorous performance monitoring and management of the contract. This includes establishing clear performance metrics, regularly evaluating the consultant's deliverables against these metrics, and conducting thorough reviews of invoices. Strong contract administration, including regular progress meetings and independent verification of work performed, is essential to mitigate the risks associated with a sole-source award and confirm that the services are effective and cost-efficient.

What specific administrative and general management consulting services are being procured, and how will their effectiveness be measured to justify the expenditure?

The specific services procured under NAICS code 541611 typically include advice and assistance on organizational issues, such as strategic and organizational planning, business process improvement, and management information systems. The IRS should have defined objectives and key performance indicators (KPIs) for this contract. Measuring effectiveness would involve tracking improvements in IRS operational efficiency, cost savings achieved through implemented recommendations, or enhanced compliance rates resulting from the consulting support. Regular reporting and independent assessments will be key.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesManagement, Scientific, and Technical Consulting ServicesAdministrative Management and General Management Consulting Services

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)ADMINISTRATIVE SUPPORT SERVICES

Competition & Pricing

Extent Competed: NOT AVAILABLE FOR COMPETITION

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 100 BROOKWOOD RD, ATMORE, AL, 36502

Business Categories: Category Business, Limited Liability Corporation, Minority Owned Business, Native American Owned Business, Partnership or Limited Liability Partnership, SBA Certified 8 a Joint Venture, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Tribally Owned Firm, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $24,833,952

Exercised Options: $24,833,952

Current Obligation: $24,833,952

Actual Outlays: $24,833,952

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline

Start Date: 2023-09-18

Current End Date: 2024-09-17

Potential End Date: 2024-09-17 11:30:01

Last Modified: 2026-03-19

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