VA awards $23.8M task order to King Street Technology Partners for IT support

Contract Overview

Contract Amount: $23,857,949 ($23.9M)

Contractor: King Street Technology Partners, LLC

Awarding Agency: Department of Veterans Affairs

Start Date: 2020-06-18

End Date: 2024-06-28

Contract Duration: 1,471 days

Daily Burn Rate: $16.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: TIME AND MATERIALS

Sector: IT

Official Description: TRANSFORMATION TWENTY ONE TOTAL TECHNOLOGY NEXT GENERATION (T4NG) TASK ORDER FOR EPMO TECHNICAL SUPPORT

Place of Performance

Location: ALEXANDRIA, ALEXANDRIA CITY County, VIRGINIA, 22314

State: Virginia Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $23.9 million to KING STREET TECHNOLOGY PARTNERS, LLC for work described as: TRANSFORMATION TWENTY ONE TOTAL TECHNOLOGY NEXT GENERATION (T4NG) TASK ORDER FOR EPMO TECHNICAL SUPPORT Key points: 1. Value for money appears fair given the scope of IT support services. 2. Full and open competition suggests a competitive pricing environment. 3. Risk indicators are moderate, typical for IT services contracts. 4. Performance context is within the standard for IT modernization efforts. 5. Sector positioning is within the IT services domain for government agencies.

Value Assessment

Rating: fair

The contract's value of $23.8 million for IT support services over approximately four years seems reasonable when benchmarked against similar IT services contracts awarded by the Department of Veterans Affairs. Pricing for Time and Materials contracts can vary, but the overall award amount suggests a moderate level of investment for the services rendered. Without specific line-item details, a precise value-for-money assessment is challenging, but the scale aligns with typical IT modernization and support needs.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This contract was awarded under a full and open competition, indicating that multiple vendors had the opportunity to bid. The specific number of bidders is not provided, but the competitive nature of the award process generally leads to more favorable pricing for the government. This approach allows for a broader range of solutions and encourages vendors to offer their best pricing and technical capabilities.

Taxpayer Impact: A full and open competition is beneficial for taxpayers as it drives down costs through market forces and ensures the government receives competitive bids, maximizing the value of taxpayer dollars.

Public Impact

The Department of Veterans Affairs benefits from enhanced IT support, crucial for its operations. Services delivered include computer systems design and technical support, improving digital infrastructure. The geographic impact is primarily within the VA's operational footprint, supporting its national mission. Workforce implications include support for IT professionals and potentially the modernization of government IT systems.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The IT services sector for government agencies is highly competitive, with significant spending allocated to computer systems design and related services. This contract falls within the broader category of IT support and modernization, a critical area for federal agencies aiming to improve efficiency and service delivery. Comparable spending benchmarks for similar IT support task orders can range widely depending on complexity and duration, but this award is within a typical range for substantial IT projects.

Small Business Impact

The data indicates this contract was not specifically set aside for small businesses (ss: false, sb: false). Therefore, the primary contractor is likely a larger entity. There is no explicit information on subcontracting plans for small businesses within this task order. The absence of a small business set-aside suggests that the competition was open to all qualified vendors, and the focus was on the best technical and price offering, rather than specifically promoting small business participation.

Oversight & Accountability

Oversight for this contract would typically be managed by the Department of Veterans Affairs contracting officers and program managers. Accountability measures are embedded in the contract's performance work statement and delivery schedules. Transparency is facilitated through contract award databases like FPDS. Inspector General jurisdiction would apply if any fraud, waste, or abuse were suspected or reported.

Related Government Programs

Risk Flags

Tags

it-services, department-of-veterans-affairs, time-and-materials, full-and-open-competition, it-support, computer-systems-design, task-order, federal-contracting, virginia, large-contract

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $23.9 million to KING STREET TECHNOLOGY PARTNERS, LLC. TRANSFORMATION TWENTY ONE TOTAL TECHNOLOGY NEXT GENERATION (T4NG) TASK ORDER FOR EPMO TECHNICAL SUPPORT

Who is the contractor on this award?

The obligated recipient is KING STREET TECHNOLOGY PARTNERS, 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 $23.9 million.

What is the period of performance?

Start: 2020-06-18. End: 2024-06-28.

What is the track record of King Street Technology Partners, LLC with the Department of Veterans Affairs?

King Street Technology Partners, LLC has a history of receiving contracts from the Department of Veterans Affairs. This specific task order, valued at approximately $23.8 million, represents a significant award for IT support services. Analyzing their past performance on similar VA contracts would involve reviewing metrics such as on-time delivery, quality of service, and adherence to budget. A deeper dive into their contract history with the VA could reveal patterns in their performance, potential issues encountered, and their overall reliability as a government contractor. Without access to specific past performance reviews or detailed award histories beyond this single task order, it's difficult to provide a comprehensive assessment of their track record.

How does the pricing structure (Time and Materials) compare to other IT support contracts at the VA?

Time and Materials (T&M) contracts, like this one, are often used when the scope of work is not clearly defined or is expected to change. While T&M can offer flexibility, it also carries a higher risk of cost overruns compared to fixed-price contracts if not managed diligently. Benchmarking this $23.8 million T&M award requires comparing the hourly rates and estimated hours against similar T&M contracts for comparable IT support services at the VA. If the average hourly rates for labor categories are in line with market averages and the total estimated cost is reasonable for the duration and scope, the pricing could be considered fair. However, the true value is determined by effective oversight to ensure efficient use of labor hours and prevent unnecessary costs.

What are the primary risks associated with this specific IT support contract?

The primary risks associated with this Time and Materials (T&M) contract for IT support include potential cost overruns if the scope of work expands beyond initial estimates or if labor hours are not efficiently utilized. There's also a risk related to contractor performance; if King Street Technology Partners, LLC fails to deliver services meeting the required quality standards or timelines, it could impact the VA's IT operations. Another risk is vendor lock-in, where the VA becomes heavily reliant on this single contractor for critical functions, potentially limiting future flexibility or competitive sourcing. Ensuring robust oversight, clear performance metrics, and regular reviews are crucial to mitigate these risks.

How effective is the 'full and open competition' approach for IT services contracts of this magnitude?

The 'full and open competition' approach is generally considered the most effective method for IT services contracts of this magnitude, as it maximizes the potential for cost savings and ensures the government receives the best value by leveraging market competition. It allows a wide range of qualified vendors to submit proposals, fostering innovation and encouraging competitive pricing. For a $23.8 million task order, this approach increases the likelihood that the VA secures high-quality services at a reasonable cost. The effectiveness hinges on the clarity of the solicitation requirements and the rigor of the evaluation process to ensure the chosen vendor is not only cost-competitive but also technically capable of meeting the VA's needs.

What are the historical spending patterns for similar IT support services at the Department of Veterans Affairs?

Historical spending patterns for similar IT support services at the Department of Veterans Affairs indicate a significant and consistent investment in maintaining and modernizing its IT infrastructure. The VA frequently awards large contracts for system design, integration, cybersecurity, and general IT support. Spending in this area often fluctuates based on agency-wide modernization initiatives, specific project needs, and budget allocations. The $23.8 million awarded to King Street Technology Partners, LLC for T4NG task order falls within the expected range for substantial IT support contracts supporting major VA programs. Analyzing trends over several fiscal years would reveal the overall growth or shifts in IT spending priorities within the VA.

Industry Classification

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

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 2

Pricing Type: TIME AND MATERIALS (Y)

Evaluated Preference: NONE

Contractor Details

Address: 7989 GLENN FERRY RD, PFAFFTOWN, NC, 27040

Business Categories: Category Business, Limited Liability Corporation, 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: $23,857,949

Exercised Options: $23,857,949

Current Obligation: $23,857,949

Actual Outlays: $7,477,012

Subaward Activity

Number of Subawards: 4

Total Subaward Amount: $4,256,864

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: VA11816D1027

IDV Type: IDC

Timeline

Start Date: 2020-06-18

Current End Date: 2024-06-28

Potential End Date: 2024-06-28 00:00:00

Last Modified: 2025-05-15

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