Treasury's $30K FOIA SaaS Contract Awarded to Software Information Resource Corp
Contract Overview
Contract Amount: $29,994 ($30.0K)
Contractor: Software Information Resource Corp.
Awarding Agency: Department of the Treasury
Start Date: 2025-09-01
End Date: 2026-08-31
Contract Duration: 364 days
Daily Burn Rate: $82/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 4
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: FOIA SOFTWARE AS A SERVICE (SAAS)
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20037
Plain-Language Summary
Department of the Treasury obligated $29,993.95 to SOFTWARE INFORMATION RESOURCE CORP. for work described as: FOIA SOFTWARE AS A SERVICE (SAAS) Key points: 1. Low contract value suggests a niche or limited scope for FOIA processing. 2. Competition method indicates a potential for better pricing if more vendors were included. 3. Risk of vendor lock-in or limited innovation due to the competition approach. 4. IT sector spending on SaaS for administrative functions is common.
Value Assessment
Rating: fair
The contract value of $29,993.95 is relatively low for a SaaS solution. Benchmarking against similar FOIA processing SaaS contracts would be necessary to determine if this price is competitive.
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,' which implies a competitive process but with specific limitations. The impact on price discovery depends on the extent of the exclusion.
Taxpayer Impact: The taxpayer impact is minimal given the low contract value, but ensuring value for money is still important.
Public Impact
Ensures continued access to government information through FOIA requests. Supports the Bureau of the Fiscal Service's administrative operations. Potential for improved efficiency in processing public information requests.
Waste & Efficiency Indicators
Waste Risk Score: 82 / 10
Warning Flags
- Limited competition may lead to suboptimal pricing.
- Reliance on a single vendor for critical FOIA processing.
Positive Signals
- Contract supports essential government function.
- Fixed price contract provides cost certainty.
Sector Analysis
This contract falls within the IT sector, specifically Software as a Service (SaaS). Government spending on SaaS for administrative and operational support functions is a growing trend, often driven by the need for scalability and reduced infrastructure management.
Small Business Impact
The data does not indicate whether small businesses were involved in this procurement. Further analysis would be needed to determine the extent of small business participation.
Oversight & Accountability
The contract is subject to standard federal procurement oversight. The 'Full and Open Competition After Exclusion of Sources' method suggests a specific justification was made, which should be reviewed for compliance.
Related Government Programs
- Other Computer Related Services
- Department of the Treasury Contracting
- Bureau of the Fiscal Service Programs
Risk Flags
- Potential for limited competition impacting price.
- Lack of detailed performance metrics.
- Unclear justification for source exclusion.
- No indication of small business participation.
Tags
other-computer-related-services, department-of-the-treasury, dc, delivery-order, under-100k
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $29,993.95 to SOFTWARE INFORMATION RESOURCE CORP.. FOIA SOFTWARE AS A SERVICE (SAAS)
Who is the contractor on this award?
The obligated recipient is SOFTWARE INFORMATION RESOURCE CORP..
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 $29,993.95.
What is the period of performance?
Start: 2025-09-01. End: 2026-08-31.
What specific FOIA processing capabilities does this SaaS solution provide, and how do they align with the Bureau of the Fiscal Service's needs?
The specific capabilities are not detailed in the provided data. However, FOIA SaaS solutions typically offer features like document ingestion, redaction tools, workflow management, and audit trails. Understanding the exact functionalities is crucial to assess if the chosen solution effectively meets the Bureau's requirements for processing Freedom of Information Act requests efficiently and compliantly.
What was the rationale for excluding other sources in this 'Full and Open Competition' award, and did it limit potential cost savings?
The rationale for excluding other sources is not provided. This exclusion, even within a 'Full and Open' framework, can limit the pool of potential bidders and thus reduce competitive pressure. Without knowing the specific reasons, it's difficult to definitively say if cost savings were forgone, but it remains a possibility when the competitive landscape is artificially narrowed.
How does the performance of this SaaS solution compare to previous methods or other available FOIA processing tools in terms of efficiency and accuracy?
Performance metrics and comparisons are not available in the provided data. To assess effectiveness, one would need to analyze data on processing times, accuracy rates, user satisfaction, and cost-per-request before and after implementation, or against industry benchmarks. This would provide a clearer picture of the value delivered by the SaaS solution.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Other Computer Related Services
Product/Service Code: IT AND TELECOM - APLLICATIONS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: 20342825Q00006
Offers Received: 4
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 730 24TH ST NW STE 3, WASHINGTON, DC, 20037
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Minority Owned Business, 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: $29,994
Exercised Options: $29,994
Current Obligation: $29,994
Actual Outlays: $29,994
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: NNG15SD74B
IDV Type: GWAC
Timeline
Start Date: 2025-09-01
Current End Date: 2026-08-31
Potential End Date: 2026-08-31 00:00:00
Last Modified: 2026-04-09
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