Treasury's IRS Awards $17.4M for ECM Delivery Services to New Generation Solution LLC

Contract Overview

Contract Amount: $17,384,571 ($17.4M)

Contractor: NEW Generation Solution LLC

Awarding Agency: Department of the Treasury

Start Date: 2023-03-28

End Date: 2025-09-27

Contract Duration: 914 days

Daily Burn Rate: $19.0K/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: ECM DELIVERY SERVICES

Place of Performance

Location: MCLEAN, FAIRFAX County, VIRGINIA, 22102

State: Virginia Government Spending

Plain-Language Summary

Department of the Treasury obligated $17.4 million to NEW GENERATION SOLUTION LLC for work described as: ECM DELIVERY SERVICES Key points: 1. Contract awarded to New Generation Solution LLC for $17.4M. 2. Service category is Computer Systems Design Services (NAICS 541512). 3. Contract type is Firm Fixed Price, indicating price certainty. 4. Competition method was Full and Open Competition after Exclusion of Sources. 5. Contract duration is 914 days, ending September 27, 2025.

Value Assessment

Rating: good

The contract value of $17.4M for computer systems design services appears reasonable given the 914-day duration. Benchmarking against similar contracts for IT services of this scope and duration 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 after Exclusion of Sources, suggesting a competitive process was intended. This method aims to ensure fair pricing and access for qualified vendors.

Taxpayer Impact: The competitive award process is designed to secure value for taxpayers by fostering a fair marketplace for government services.

Public Impact

Ensures continued delivery of essential ECM services for the IRS. Supports the operational needs of a major federal agency. Potential for improved efficiency and effectiveness in IRS operations through system design.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The IT services sector is highly dynamic, with significant government spending on system design and integration. Benchmarks for similar contracts vary widely based on complexity, duration, and specific requirements.

Small Business Impact

The provided data does not indicate if small businesses were involved in this contract, either as prime contractors or subcontractors. Further analysis would be needed to assess small business participation.

Oversight & Accountability

Oversight will be crucial to ensure New Generation Solution LLC meets performance expectations and delivers within the agreed-upon budget and timeline. Regular reviews and performance monitoring are standard for such contracts.

Related Government Programs

Risk Flags

Tags

computer-systems-design-services, department-of-the-treasury, va, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $17.4 million to NEW GENERATION SOLUTION LLC. ECM DELIVERY SERVICES

Who is the contractor on this award?

The obligated recipient is NEW GENERATION SOLUTION 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 $17.4 million.

What is the period of performance?

Start: 2023-03-28. End: 2025-09-27.

What specific ECM functionalities are being delivered, and how do they align with IRS modernization goals?

The provided data does not detail the specific ECM functionalities. However, ECM (Enterprise Content Management) services typically involve managing digital documents, records, and workflows. For the IRS, this likely supports tax processing, case management, and compliance activities, contributing to operational efficiency and data integrity.

What were the key evaluation criteria used in the 'Full and Open Competition after Exclusion of Sources' process?

The data does not specify the evaluation criteria. 'Full and Open Competition after Exclusion of Sources' implies that all responsible sources were permitted to submit offers, but certain sources were excluded prior to the solicitation. Evaluation criteria typically include technical approach, past performance, price, and small business participation.

How does the awarded price compare to the Independent Government Cost Estimate (IGCE) or benchmarked market rates for similar services?

The data includes a 'benchmark' value of $19.02M, which is higher than the awarded contract value of $17.38M. This suggests the awarded price is favorable compared to the benchmark. A detailed comparison with IGCE and market rates would offer a more comprehensive value assessment.

Industry Classification

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

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 5

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1950 OPPORTUNITY WAY STE 1300, RESTON, VA, 20190

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Joint Venture Women Owned Small Business, Limited Liability Corporation, Minority Owned Business, SBA Certified 8 a Joint Venture, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Indian (Subcontinent) American Owned Business, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Financial Breakdown

Contract Ceiling: $19,893,828

Exercised Options: $17,384,571

Current Obligation: $17,384,571

Actual Outlays: $17,384,571

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Parent Contract

Parent Award PIID: 47QTCB22D0420

IDV Type: GWAC

Timeline

Start Date: 2023-03-28

Current End Date: 2025-09-27

Potential End Date: 2025-09-27 13:18:31

Last Modified: 2026-04-08

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