VA awards $40.5M for ID.ME licenses and maintenance to V3GATE, LLC

Contract Overview

Contract Amount: $40,556,174 ($40.6M)

Contractor: V3gate, LLC

Awarding Agency: Department of Veterans Affairs

Start Date: 2019-05-01

End Date: 2023-04-30

Contract Duration: 1,460 days

Daily Burn Rate: $27.8K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: IGF::OT::IGF ID.ME ANNUAL LICENSES AND MAINTENANCE

Place of Performance

Location: EATONTOWN, MONMOUTH County, NEW JERSEY, 07724

State: New Jersey Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $40.6 million to V3GATE, LLC for work described as: IGF::OT::IGF ID.ME ANNUAL LICENSES AND MAINTENANCE Key points: 1. Significant contract value for IT services. 2. Competition method suggests potential for better pricing. 3. Long contract duration (4 years) warrants close monitoring. 4. IT services sector is prone to rapid technological change.

Value Assessment

Rating: fair

The contract value of $40.5M over four years averages to approximately $10.1M annually. Benchmarking against similar IT license and maintenance contracts is difficult without specific service details, but the annual spend appears substantial.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES,' indicating a limited competition. This method may not have yielded the most competitive pricing possible.

Taxpayer Impact: The pricing outcome is uncertain due to limited competition, potentially impacting taxpayer value.

Public Impact

Veterans may experience continuity in accessing digital services. The contract supports IT infrastructure for a major federal agency. Potential for cost savings if competition was truly maximized.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Other Computer Related Services sector (NAICS 541519). Spending in this sector is high, driven by the government's increasing reliance on IT solutions. Benchmarks vary widely based on service scope.

Small Business Impact

The contract was awarded to V3GATE, LLC. Information on whether V3GATE, LLC is a small business is not provided in the data. Further analysis would be needed to determine small business participation.

Oversight & Accountability

The contract's duration and limited competition suggest a need for robust oversight to ensure continued value and adherence to terms. Regular performance reviews and market research are crucial.

Related Government Programs

Risk Flags

Tags

other-computer-related-services, department-of-veterans-affairs, nj, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $40.6 million to V3GATE, LLC. IGF::OT::IGF ID.ME ANNUAL LICENSES AND MAINTENANCE

Who is the contractor on this award?

The obligated recipient is V3GATE, LLC.

Which agency awarded this contract?

Awarding agency: Department of Veterans Affairs (Department of Veterans Affairs).

What is the total obligated amount?

The obligated amount is $40.6 million.

What is the period of performance?

Start: 2019-05-01. End: 2023-04-30.

What specific IT services are included in the 'licenses and maintenance' to justify the $40.5M cost?

The provided data lacks specifics on the exact IT services covered. Understanding the scope, including software licenses, support levels, and maintenance agreements, is critical for a thorough value assessment. Without this detail, it's difficult to determine if the cost is justified compared to market rates for similar comprehensive IT support packages.

How was the 'exclusion of sources' justified, and what was the impact on price discovery?

The justification for excluding other sources is not detailed. This process typically requires a strong rationale, such as unique capabilities or prior performance. If the exclusion was not well-founded, it could have limited competitive pressure, potentially leading to higher prices than if a broader competition had been pursued.

What mechanisms are in place to ensure the VA receives effective and up-to-date IT services over the four-year contract term?

The contract data does not specify oversight mechanisms. Effective service delivery relies on clear performance metrics, regular vendor reviews, and contingency plans. The VA should have processes to monitor service quality, ensure vendor responsiveness, and adapt to evolving technological needs throughout the contract's lifespan.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesComputer Systems Design and Related ServicesOther Computer Related Services

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONSADP AND TELECOMMUNICATIONS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 555 MIDDLE CREEK PKWY STE 120, COLORADO SPRINGS, CO, 80921

Business Categories: Category Business, Hispanic American Owned Business, Limited Liability Corporation, Minority Owned Business, Partnership or Limited Liability Partnership, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $58,253,737

Exercised Options: $40,556,174

Current Obligation: $40,556,174

Contract Characteristics

Commercial Item: COMMERCIAL ITEM

Parent Contract

Parent Award PIID: NNG15SD27B

IDV Type: GWAC

Timeline

Start Date: 2019-05-01

Current End Date: 2023-04-30

Potential End Date: 2024-04-30 00:00:00

Last Modified: 2022-04-29

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