NRC Awards $1.48M for Webcast Support to Immersive Concepts, LLC, with No Competition

Contract Overview

Contract Amount: $1,475,283 ($1.5M)

Contractor: Immersive Concepts L.L.C.

Awarding Agency: Nuclear Regulatory Commission

Start Date: 2023-03-01

End Date: 2027-02-28

Contract Duration: 1,460 days

Daily Burn Rate: $1.0K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: A NON-PERSONAL SERVICES CONTRACT TO PROVIDE WEBCAST SUPPORT SERVICES FOR THE U.S. NUCLEAR REGULATORY COMMISSION (NRC).

Place of Performance

Location: ROCKVILLE, MONTGOMERY County, MARYLAND, 20852

State: Maryland Government Spending

Plain-Language Summary

Nuclear Regulatory Commission obligated $1.5 million to IMMERSIVE CONCEPTS L.L.C. for work described as: A NON-PERSONAL SERVICES CONTRACT TO PROVIDE WEBCAST SUPPORT SERVICES FOR THE U.S. NUCLEAR REGULATORY COMMISSION (NRC). Key points: 1. The contract is for essential webcast support services for the U.S. Nuclear Regulatory Commission. 2. Immersive Concepts, LLC, a single entity, received the award. 3. The contract was not competed, raising questions about potential price discovery. 4. The sector is IT services, specifically web hosting and related infrastructure.

Value Assessment

Rating: questionable

The contract value of $1.48 million over four years for webcast support is difficult to benchmark without specific service details. However, the lack of competition suggests potential overpricing.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award. This method limits price discovery and may not secure the best value for taxpayers.

Taxpayer Impact: The lack of competition could lead to higher costs for taxpayers compared to a competitively bid contract.

Public Impact

Citizens may be concerned about the lack of transparency in awarding contracts without competition. The NRC's reliance on a single vendor for critical webcast services could pose a risk if the vendor fails to perform. Taxpayers expect government agencies to seek the most cost-effective solutions through competitive bidding.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The IT services sector, particularly web hosting and support, is highly competitive. Awarding such a contract without competition is unusual and warrants scrutiny.

Small Business Impact

Information on whether Immersive Concepts, LLC is a small business is not provided, but the contract was not competed, suggesting small business set-aside opportunities were likely not pursued.

Oversight & Accountability

The sole-source nature of this award necessitates robust oversight to ensure the NRC receives fair pricing and adequate service delivery.

Related Government Programs

Risk Flags

Tags

computing-infrastructure-providers-data-, nuclear-regulatory-commission, md, definitive-contract, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Nuclear Regulatory Commission awarded $1.5 million to IMMERSIVE CONCEPTS L.L.C.. A NON-PERSONAL SERVICES CONTRACT TO PROVIDE WEBCAST SUPPORT SERVICES FOR THE U.S. NUCLEAR REGULATORY COMMISSION (NRC).

Who is the contractor on this award?

The obligated recipient is IMMERSIVE CONCEPTS L.L.C..

Which agency awarded this contract?

Awarding agency: Nuclear Regulatory Commission (Nuclear Regulatory Commission).

What is the total obligated amount?

The obligated amount is $1.5 million.

What is the period of performance?

Start: 2023-03-01. End: 2027-02-28.

What specific webcast support services are being provided, and how do they justify the $1.48 million price tag without competition?

The provided data does not detail the specific services. However, for a contract of this value, one would expect comprehensive support including high-definition streaming, robust platform management, technical assistance, and potentially advanced features. The lack of competition makes it difficult to assess if this price is justified against market rates for similar comprehensive support packages.

What are the risks associated with awarding a sole-source contract for critical webcast support services?

The primary risks include potential overpricing due to the absence of competitive pressure, reduced incentive for the vendor to innovate or provide exceptional service, and a lack of flexibility if the NRC's needs change. There's also a risk of vendor lock-in and potential disruption if the sole-source vendor experiences performance issues or financial instability.

How effective is the NRC in ensuring value for taxpayer money when awarding non-competed contracts like this one?

The effectiveness is questionable without further information on the justification for the sole-source award and the negotiation process. While sole-source contracts can be necessary in specific circumstances, the absence of competition inherently limits the government's ability to ensure the best possible value. Robust internal review and justification processes are crucial to mitigate this.

Industry Classification

NAICS: InformationComputing Infrastructure Providers, Data Processing, Web Hosting, and Related ServicesComputing Infrastructure Providers, Data Processing, Web Hosting, and Related Services

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONSIT AND TELECOM - IT MANAGEMENT

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: 31310023R0023

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 11750 BELTSVILLE DR STE 120, BELTSVILLE, MD, 20705

Business Categories: 8(a) Program Participant, Black American Owned Business, Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, HUBZone Firm, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $3,390,960

Exercised Options: $2,698,894

Current Obligation: $1,475,283

Actual Outlays: $1,031,834

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline

Start Date: 2023-03-01

Current End Date: 2027-02-28

Potential End Date: 2028-02-29 00:00:00

Last Modified: 2026-04-02

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