Treasury's $1.34M furniture contract awarded to Flatwater Professional Services for New Carrollton office

Contract Overview

Contract Amount: $1,344,013 ($1.3M)

Contractor: Flatwater Professional Services Company

Awarding Agency: Department of the Treasury

Start Date: 2026-04-10

End Date: 2026-07-31

Contract Duration: 112 days

Daily Burn Rate: $12.0K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: NEW OFFICE FURNITURE AND INSTALLATION AT THE BUREAU OF THE FISCAL SERVICE LOCATION AT NEW CARROLLTON MARYLAND

Place of Performance

Location: WINNEBAGO, THURSTON County, NEBRASKA, 68071

State: Nebraska Government Spending

Plain-Language Summary

Department of the Treasury obligated $1.3 million to FLATWATER PROFESSIONAL SERVICES COMPANY for work described as: NEW OFFICE FURNITURE AND INSTALLATION AT THE BUREAU OF THE FISCAL SERVICE LOCATION AT NEW CARROLLTON MARYLAND Key points: 1. Value for money appears reasonable given the scope of new office furniture and installation. 2. The contract was awarded under full and open competition, suggesting a competitive bidding process. 3. No specific risk indicators are immediately apparent from the provided data. 4. Performance context includes installation at a specific Bureau of the Fiscal Service location. 5. This contract falls within the 'Other Building Finishing Contractors' sector. 6. The contract duration is 112 days, indicating a focused project timeline.

Value Assessment

Rating: good

The contract value of $1.34 million for new office furniture and installation seems within a reasonable range for a government project of this nature. Without specific details on the quantity and type of furniture, a direct comparison is difficult. However, the firm-fixed-price structure suggests that the government has a clear understanding of the costs involved, which can be a positive indicator for value.

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 the opportunity was broadly advertised, and multiple bidders were likely considered. The exclusion of sources might refer to specific pre-qualification criteria or a phased approach, but the core competition was open. A competitive process generally leads to better price discovery and potentially lower costs for the government.

Taxpayer Impact: The open competition ensures that taxpayers benefit from a market-driven price, as multiple companies vied for the contract, driving down costs through competitive bidding.

Public Impact

The Bureau of the Fiscal Service employees at the New Carrollton, Maryland location will benefit from updated office furniture. The services delivered include the provision and installation of new office furniture. The geographic impact is localized to the New Carrollton, Maryland facility. Workforce implications include potential temporary jobs for installation crews.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Positive Signals

Awarded under full and open competition, indicating a robust bidding process.
Firm fixed price contract type helps manage cost certainty.
Specific delivery order for a defined need at a particular location.

Sector Analysis

This contract falls under the broader construction and facilities management sector, specifically 'Other Building Finishing Contractors.' The market for office furniture and installation services for federal agencies is substantial, with numerous suppliers and integrators. This contract represents a typical procurement for outfitting or refurbishing government office spaces, aligning with ongoing efforts to modernize federal workplaces.

Small Business Impact

The provided data does not indicate any specific small business set-aside or subcontracting requirements for this contract. As it was awarded under full and open competition, it's possible that small businesses participated in the bidding process. However, without further information on subcontracting plans, the direct impact on the small business ecosystem is unclear.

Oversight & Accountability

The contract is subject to standard federal procurement oversight mechanisms. The Department of the Treasury and the Bureau of the Fiscal Service are responsible for monitoring performance and ensuring compliance. The firm-fixed-price nature of the contract provides a degree of cost control. Transparency is facilitated by the public award data, though detailed oversight reports are not provided here.

Related Government Programs

Federal Office Furniture Procurement
Government Building Renovation and Outfitting
Bureau of the Fiscal Service Operations

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $1.3 million to FLATWATER PROFESSIONAL SERVICES COMPANY. NEW OFFICE FURNITURE AND INSTALLATION AT THE BUREAU OF THE FISCAL SERVICE LOCATION AT NEW CARROLLTON MARYLAND

Who is the contractor on this award?

The obligated recipient is FLATWATER PROFESSIONAL SERVICES COMPANY.

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 $1.3 million.

What is the period of performance?

Start: 2026-04-10. End: 2026-07-31.

What is the track record of Flatwater Professional Services Company with federal contracts, particularly in furniture and installation?

A review of federal procurement data would be necessary to fully assess Flatwater Professional Services Company's track record. This would involve examining past contract awards, performance evaluations (if publicly available), and any history of disputes or contract modifications. Understanding their experience with similar-sized projects and their performance history with the Department of the Treasury or other agencies would provide crucial context for evaluating their reliability and capability in executing this current contract effectively. Without this specific data, we assume a standard level of due diligence was performed by the awarding agency.

How does the per-square-foot cost of this furniture installation compare to similar government projects?

To benchmark the value for money, a detailed breakdown of the furniture items and installation services would be required. This would allow for a comparison of per-square-foot costs against industry averages and similar government contracts. Factors such as the type of furniture (e.g., ergonomic chairs, modular workstations, executive desks), the complexity of the installation, and the specific location's labor rates would influence this comparison. Given the $1.34 million award for an unspecified area, a precise per-square-foot benchmark is not feasible with the current data, but the firm-fixed-price suggests a defined scope.

What are the primary risks associated with this contract, and how are they being mitigated?

Potential risks for this contract could include delays in delivery or installation, issues with furniture quality not meeting specifications, or unforeseen site conditions impacting the installation process. Mitigation strategies typically involve clear contract terms, performance bonds, regular progress meetings between the contractor and the agency, and defined quality assurance procedures. The firm-fixed-price structure inherently shifts some cost risk to the contractor. The relatively short duration (112 days) may also limit the window for significant delays.

What is the historical spending pattern for office furniture and installation at the Bureau of the Fiscal Service?

Analyzing historical spending data for the Bureau of the Fiscal Service on office furniture and installation would provide context for the current $1.34 million award. This would involve looking at previous contracts of similar scope, frequency, and value. Understanding whether this represents a routine refresh, a major office overhaul, or an expansion would help determine if the current spending is an anomaly or part of a consistent pattern. Significant deviations from historical spending might warrant further investigation into the drivers of cost.

What specific types of furniture are included in this $1.34 million contract?

The provided data does not specify the exact types of furniture included in the $1.34 million contract. This contract covers 'NEW OFFICE FURNITURE AND INSTALLATION.' To provide a detailed answer, access to the contract's statement of work (SOW) or detailed specifications would be necessary. This would typically outline quantities and types of items such as desks, chairs, filing cabinets, conference tables, cubicle systems, and any associated accessories. The lack of this detail limits a granular assessment of value.

Industry Classification

NAICS: Construction › Building Finishing Contractors › Other Building Finishing Contractors

Product/Service Code: FURNITURE

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: 2033H626Q00077

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Ho-Chunk, Inc.

Address: 818 ST AUGUSTINES DR, WINNEBAGO, NE, 68071

Business Categories: 8(a) Program Participant, American Indian Owned Business, Category Business, Corporate Entity Tax Exempt, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Tribally Owned Firm, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $1,344,013

Exercised Options: $1,344,013

Current Obligation: $1,344,013

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 2033H626D00002

IDV Type: IDC

Timeline