Treasury's $8.7M SPS O&M Contract Awarded to SAIC Under Full and Open Competition
Contract Overview
Contract Amount: $8,678,649 ($8.7M)
Contractor: Science Applications International Corporation
Awarding Agency: Department of the Treasury
Start Date: 2024-04-01
End Date: 2026-09-30
Contract Duration: 912 days
Daily Burn Rate: $9.5K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 4
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: SPS O&M CONTRACT
Place of Performance
Location: HYATTSVILLE, PRINCE GEORGES County, MARYLAND, 20787
State: Maryland Government Spending
Plain-Language Summary
Department of the Treasury obligated $8.7 million to SCIENCE APPLICATIONS INTERNATIONAL CORPORATION for work described as: SPS O&M CONTRACT Key points: 1. Contract Value: $8.7 million over 912 days. 2. Competition: Awarded via full and open competition, indicating a competitive bidding process. 3. Risk: Low risk indicated by firm fixed price and established vendor. 4. Sector: Information Technology (Computer Systems Design Services).
Value Assessment
Rating: good
The contract value of $8.7 million for 912 days suggests a reasonable price for IT operations and maintenance services. Benchmarking against similar contracts for computer systems design services 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, which typically leads to better price discovery and value for the government. This method allows all qualified vendors to bid, fostering a competitive environment.
Taxpayer Impact: The competitive nature of the award is expected to yield fair pricing, maximizing taxpayer value for the IT services procured.
Public Impact
Ensures continued operation of critical financial systems managed by the Bureau of the Fiscal Service. Supports the Department of the Treasury's mission through reliable IT infrastructure. Potential for innovation and efficiency improvements from the selected vendor.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Positive Signals
- Full and open competition ensures best value.
- Firm fixed price contract mitigates cost overrun risk.
- Experienced vendor (SAIC) likely to deliver reliable services.
Sector Analysis
This contract falls within the IT sector, specifically Computer Systems Design Services. Spending in this area is crucial for government operations, and benchmarks vary widely based on service scope and complexity.
Small Business Impact
The data indicates this contract was not set aside for small businesses and the vendor is not a small business. Therefore, there is no direct small business participation evident in this specific award.
Oversight & Accountability
The award process under full and open competition suggests adherence to standard procurement regulations. Ongoing oversight will be crucial to ensure service delivery meets contractual requirements and provides value.
Related Government Programs
- Computer Systems Design Services
- Department of the Treasury Contracting
- Bureau of the Fiscal Service Programs
Risk Flags
- Potential for vendor lock-in if transition planning is inadequate.
- Reliance on a single vendor for critical IT operations.
- Scope creep could lead to cost increases if not managed tightly.
- Cybersecurity risks inherent in managing complex IT systems.
Tags
computer-systems-design-services, department-of-the-treasury, md, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $8.7 million to SCIENCE APPLICATIONS INTERNATIONAL CORPORATION. SPS O&M CONTRACT
Who is the contractor on this award?
The obligated recipient is SCIENCE APPLICATIONS INTERNATIONAL CORPORATION.
Which agency awarded this contract?
Awarding agency: Department of the Treasury (Bureau of the Fiscal Service).
What is the total obligated amount?
The obligated amount is $8.7 million.
What is the period of performance?
Start: 2024-04-01. End: 2026-09-30.
What specific IT systems or services are covered under the SPS O&M contract?
The contract likely covers the operation and maintenance of the Standardized Procurement System (SPS) or similar financial/procurement platforms used by the Bureau of the Fiscal Service. This would include system administration, software updates, bug fixes, user support, and ensuring system availability and performance.
How does SAIC's proposed solution compare to other bids in terms of technical approach and innovation?
While the award was based on full and open competition, the provided data does not detail the technical proposals of competing vendors. A deeper analysis would require reviewing the source selection decision document to understand how SAIC's technical approach, including any innovative elements, was evaluated against alternatives and deemed superior or best value.
What are the key performance indicators (KPIs) for this contract, and how will performance be measured?
Key performance indicators would typically include system uptime, response times for support requests, successful patch/update deployment rates, and adherence to security protocols. Performance measurement would likely involve regular reporting by SAIC and government acceptance testing or reviews to ensure contractual obligations are met.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Computer Systems Design Services
Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS › IT AND TELECOM - APLLICATIONS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: RFQ-SECURE PAYMENT SYSTEM
Offers Received: 4
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 12010, SUNSET HILLS ROAD, RESTON, VA, 20190
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $16,622,261
Exercised Options: $8,678,649
Current Obligation: $8,678,649
Actual Outlays: $6,316,632
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: GS35F486BA
IDV Type: FSS
Timeline
Start Date: 2024-04-01
Current End Date: 2026-09-30
Potential End Date: 2028-09-30 00:00:00
Last Modified: 2026-03-26
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