OPM Awards $17.7M Contract for Federal Annuitant Health Benefit Services to Maximus Federal Services

Contract Overview

Contract Amount: $17,710,256 ($17.7M)

Contractor: Maximus Federal Services, Inc.

Awarding Agency: Office of Personnel Management

Start Date: 2020-06-17

End Date: 2025-09-23

Contract Duration: 1,924 days

Daily Burn Rate: $9.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: FEDERAL ANNUITANT HEALTH BENEFIT OPEN SEASON SERVICES

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20415

State: District of Columbia Government Spending

Plain-Language Summary

Office of Personnel Management obligated $17.7 million to MAXIMUS FEDERAL SERVICES, INC. for work described as: FEDERAL ANNUITANT HEALTH BENEFIT OPEN SEASON SERVICES Key points: 1. The contract, valued at $17.7 million, is for Federal Annuitant Health Benefit Open Season Services. 2. Maximus Federal Services, Inc. is the awardee for this definitive contract. 3. The contract was awarded under full and open competition. 4. This service falls under the 'Other Business Service Centers' NAICS code. 5. The contract duration is 1924 days, ending in September 2025.

Value Assessment

Rating: good

The contract value of $17.7 million appears reasonable for a multi-year service contract of this nature, covering health benefit open season services for federal annuitants. Benchmarking against similar large-scale administrative service contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded using full and open competition, indicating a robust process to solicit bids from all eligible offerors. This method generally promotes competitive pricing and ensures the government receives the best value.

Taxpayer Impact: The competitive award process aims to ensure taxpayer funds are used efficiently for essential federal annuitant services.

Public Impact

Ensures federal annuitants have access to necessary health benefit information and enrollment services. Supports the Office of Personnel Management's mission in administering benefits for retired federal employees. Provides continuity of service for a critical population during open enrollment periods. Maximus Federal Services, a known entity in government contracting, will deliver these services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Positive Signals

Sector Analysis

This contract falls under the 'Other Business Service Centers' sector, specifically NAICS 561439. Spending in this sector often relates to administrative support, call centers, and information processing services for government agencies. The $17.7M value is significant for a specialized service contract.

Small Business Impact

The data indicates that small businesses were not directly awarded this contract, as it was awarded to Maximus Federal Services, Inc. Further analysis would be needed to determine if small businesses are involved as subcontractors.

Oversight & Accountability

The contract is managed by the Office of Personnel Management (OPM), which is responsible for overseeing federal employee benefits. The use of a definitive contract with a set end date suggests a defined scope and oversight mechanism.

Related Government Programs

Risk Flags

Tags

other-business-service-centers-including, office-of-personnel-management, dc, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Office of Personnel Management awarded $17.7 million to MAXIMUS FEDERAL SERVICES, INC.. FEDERAL ANNUITANT HEALTH BENEFIT OPEN SEASON SERVICES

Who is the contractor on this award?

The obligated recipient is MAXIMUS FEDERAL SERVICES, INC..

Which agency awarded this contract?

Awarding agency: Office of Personnel Management (Office of Personnel Management).

What is the total obligated amount?

The obligated amount is $17.7 million.

What is the period of performance?

Start: 2020-06-17. End: 2025-09-23.

What specific services are included in the 'Federal Annuitant Health Benefit Open Season Services'?

These services likely encompass managing the open enrollment period for federal annuitants, including providing information on health plan options, assisting with enrollment and disenrollment, processing changes, and addressing inquiries related to health benefits during the designated open season. This ensures annuitants can make informed decisions about their healthcare coverage.

What are the potential risks associated with a long-term contract for health benefit services?

Risks include potential cost overruns if not managed tightly, vendor lock-in, and the possibility of service degradation over time if performance is not consistently monitored. Changes in healthcare regulations or annuitant needs could also pose challenges if the contract is not flexible enough to adapt.

How effectively does this contract ensure value for taxpayer money in administering health benefits?

The use of full and open competition is a strong indicator of seeking value. The firm fixed price structure also helps control costs. However, ongoing performance monitoring and comparison against industry benchmarks are crucial to ensure continued value realization throughout the contract's life.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation ServicesBusiness Support ServicesOther Business Service Centers (including Copy Shops)

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: 24322620R0001

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 3120 FAIRVIEW PARK DR STE 400, FALLS CHURCH, VA, 22042

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $21,665,013

Exercised Options: $20,564,471

Current Obligation: $17,710,256

Actual Outlays: $14,456,386

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline

Start Date: 2020-06-17

Current End Date: 2025-09-23

Potential End Date: 2025-09-23 00:00:00

Last Modified: 2025-09-23

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