VA Awards $6.2M for Strategic Planning to Concourse Federal Group LLC

Contract Overview

Contract Amount: $6,235,282 ($6.2M)

Contractor: Concourse Federal Group LLC

Awarding Agency: Department of Veterans Affairs

Start Date: 2024-09-21

End Date: 2025-09-20

Contract Duration: 364 days

Daily Burn Rate: $17.1K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: EO14042 - STRATEGIC AND FACILITY PLANNING AND MANAGEMENT SERVICES

Place of Performance

Location: LOS ANGELES, LOS ANGELES County, CALIFORNIA, 90073

State: California Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $6.2 million to CONCOURSE FEDERAL GROUP LLC for work described as: EO14042 - STRATEGIC AND FACILITY PLANNING AND MANAGEMENT SERVICES Key points: 1. Contract awarded to Concourse Federal Group LLC for strategic and facility planning. 2. The contract value is $6.2 million over one year. 3. Awarded by the Department of Veterans Affairs. 4. The North American Industry Classification System (NAICS) code is 531390 (Other Activities Related to Real Estate). 5. The contract type is Firm Fixed Price.

Value Assessment

Rating: good

The contract value of $6.2 million for a one-year period appears reasonable for strategic and facility planning services. Benchmarking against similar contracts for large-scale federal facility management would provide a more 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, indicating a competitive process. This method generally promotes price discovery and ensures fair market value.

Taxpayer Impact: The $6.2 million expenditure supports essential government operations, aiming for efficient facility management and strategic planning to optimize resource allocation.

Public Impact

Veterans will benefit from improved facility planning and management, potentially leading to better services. Taxpayers are assured of a competitive bidding process for this significant contract. The contract supports federal real estate services, impacting government infrastructure.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of specific performance metrics in provided data.
Potential for scope creep in strategic planning services.

Positive Signals

Competitive award process.
Clear contract duration and pricing structure.

Sector Analysis

This contract falls within the professional services sector, specifically real estate and facility management. Federal spending in this area is substantial, driven by the need to maintain and optimize government properties.

Small Business Impact

The provided data does not indicate if small businesses were involved as subcontractors or prime contractors in this award. Further analysis would be needed to assess small business participation.

Oversight & Accountability

The Department of Veterans Affairs is responsible for oversight of this contract. Standard government contracting procedures and performance monitoring should ensure accountability.

Related Government Programs

Other Activities Related to Real Estate
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Contract duration is one year, requiring potential re-competition.
NAICS code 531390 is broad; specific services need detailed review.
No indication of small business subcontracting goals.
Performance metrics not detailed in the provided data.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $6.2 million to CONCOURSE FEDERAL GROUP LLC. EO14042 - STRATEGIC AND FACILITY PLANNING AND MANAGEMENT SERVICES

Who is the contractor on this award?

The obligated recipient is CONCOURSE FEDERAL 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 $6.2 million.

What is the period of performance?

Start: 2024-09-21. End: 2025-09-20.

What specific strategic and facility planning deliverables are expected under this contract?

The contract likely includes deliverables such as strategic plans for facility utilization, modernization roadmaps, space utilization analyses, and potentially recommendations for operational efficiencies. Specifics would be detailed in the Statement of Work (SOW) which is not provided here. These plans are crucial for the VA to effectively manage its extensive real estate portfolio and ensure it meets the needs of veterans.

How will the effectiveness of Concourse Federal Group LLC's strategic planning be measured?

Effectiveness is typically measured through key performance indicators (KPIs) outlined in the contract's SOW. These might include the successful implementation of recommended strategies, cost savings achieved through optimized facility usage, or improvements in facility operational efficiency. Regular performance reviews and milestone achievements would also contribute to assessing the contractor's effectiveness.

What is the potential long-term financial impact of this strategic planning contract on the VA's budget?

The long-term financial impact is expected to be positive, assuming the strategic planning leads to cost savings and improved efficiency in facility management. By identifying opportunities for consolidation, modernization, or better resource allocation, the VA can potentially reduce operational expenditures and avoid unnecessary capital investments over time. The initial $6.2 million investment is intended to yield greater returns through optimized future spending.

Industry Classification

NAICS: Real Estate and Rental and Leasing › Activities Related to Real Estate › Other Activities Related to Real Estate

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1001 CONNECTICUT AVE NW SUITE 704, WASHINGTON, DC, 20036

Business Categories: Category Business, Limited Liability Corporation, Partnership or Limited Liability Partnership, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $6,235,282

Exercised Options: $6,235,282

Current Obligation: $6,235,282

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 36C26219D0065

IDV Type: IDC

Timeline