VA Awards $18.3M for IRBNET SAAS to Minburn Technology Group, LLC

Contract Overview

Contract Amount: $18,326,226 ($18.3M)

Contractor: Minburn Technology Group, LLC

Awarding Agency: Department of Veterans Affairs

Start Date: 2024-09-30

End Date: 2026-09-22

Contract Duration: 722 days

Daily Burn Rate: $25.4K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: IRBNET SAAS

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20001

State: District of Columbia Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $18.3 million to MINBURN TECHNOLOGY GROUP, LLC for work described as: IRBNET SAAS Key points: 1. Contract awarded for IRBNET SAAS to Minburn Technology Group, LLC. 2. The Department of Veterans Affairs is the contracting agency. 3. The contract has a fixed price type and a duration of 722 days. 4. This is a delivery order under a larger contract. 5. The NAICS code is 541519, indicating Other Computer Related Services.

Value Assessment

Rating: fair

The contract value of $18.3M for a 722-day duration suggests a moderate per-day cost. Benchmarking against similar IT SaaS contracts would be necessary for a precise assessment.

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'. This indicates that while competition was sought, specific circumstances led to excluding some potential sources. The price discovery impact depends on the rigor of the evaluation process post-exclusion.

Taxpayer Impact: Taxpayer funds are being used for IT services to support the Department of Veterans Affairs' operations. The value for money will depend on the effectiveness and efficiency of the delivered services.

Public Impact

Veterans may experience improved access to services or internal processes due to the IRBNET SAAS. The contract supports federal IT infrastructure and service delivery. Minburn Technology Group, LLC will receive significant revenue from this award. The contract duration extends into late 2026, indicating a medium-term commitment.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The IT services sector is highly competitive, with a wide range of solutions available. Spending benchmarks for SaaS contracts vary greatly based on functionality, user base, and integration requirements. This contract falls within the 'Other Computer Related Services' category.

Small Business Impact

The data does not indicate if Minburn Technology Group, LLC is a small business. Further analysis would be needed to determine the impact on small business participation in federal contracting.

Oversight & Accountability

Oversight will be crucial to ensure the VA receives the full value of the IRBNET SAAS and that Minburn Technology Group, LLC meets all contractual obligations. Regular performance reviews and financial audits are standard oversight mechanisms.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $18.3 million to MINBURN TECHNOLOGY GROUP, LLC. IRBNET SAAS

Who is the contractor on this award?

The obligated recipient is MINBURN TECHNOLOGY GROUP, 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 $18.3 million.

What is the period of performance?

Start: 2024-09-30. End: 2026-09-22.

What specific functionalities does IRBNET SAAS provide, and how do they align with VA's mission-critical needs?

IRBNET SAAS likely provides a platform for managing regulatory compliance, internal business processes, or information resources. Its alignment with VA's mission depends on the specific modules and features deployed. A detailed review of the Statement of Work (SOW) is necessary to understand its direct contribution to improving veteran services or agency efficiency.

What were the primary reasons for excluding certain sources during the competition phase?

Exclusion of sources typically occurs due to specific technical requirements, past performance issues, or unique capabilities possessed by the awarded vendor. Understanding these reasons is vital to assess if the exclusion limited competitive options unnecessarily or if it was justified by the government's needs, ensuring fair competition while meeting essential requirements.

How does the $18.3M contract value compare to the total IT spending of the VA for similar services?

Without access to the VA's overall IT budget and spending data for comparable SaaS solutions, a direct comparison is difficult. However, $18.3M represents a significant investment. Benchmarking against industry averages for similar SaaS deployments and considering the scope of services provided would offer better context on its relative scale within the VA's IT portfolio.

Industry Classification

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

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 9716 ARNON CHAPEL RD, GREAT FALLS, VA, 22066

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $37,195,152

Exercised Options: $18,326,226

Current Obligation: $18,326,226

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: NNG15SD34B

IDV Type: GWAC

Timeline

Start Date: 2024-09-30

Current End Date: 2026-09-22

Potential End Date: 2027-09-22 00:00:00

Last Modified: 2025-09-19

More Contracts from Minburn Technology Group, LLC

View all Minburn Technology Group, LLC federal contracts →

Other Department of Veterans Affairs Contracts

View all Department of Veterans Affairs contracts →

Explore Related Government Spending