VA Awards $5.28M Contract for Strategic Planning to Concourse Federal Group LLC
Contract Overview
Contract Amount: $5,282,487 ($5.3M)
Contractor: Concourse Federal Group LLC
Awarding Agency: Department of Veterans Affairs
Start Date: 2024-09-28
End Date: 2025-09-27
Contract Duration: 364 days
Daily Burn Rate: $14.5K/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
Plain-Language Summary
Department of Veterans Affairs obligated $5.3 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 $5.28 million over a 364-day period. 3. Awarded by the Department of Veterans Affairs, indicating a focus on federal facility management. 4. The service falls under 'Other Activities Related to Real Estate', suggesting a broad scope.
Value Assessment
Rating: good
The contract value of $5.28 million for a one-year period appears reasonable for strategic and facility planning services. Benchmarking against similar contracts would provide a more precise assessment, but the scope suggests a fair price point.
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 method suggests that while full and open competition was intended, specific circumstances led to excluding certain sources, potentially impacting price discovery.
Taxpayer Impact: The competitive nature of the award, even with exclusions, aims to ensure taxpayer funds are used efficiently for necessary strategic planning services.
Public Impact
Veterans Affairs will receive strategic planning and facility management support. The contract supports federal real estate and facility operations. This award contributes to the operational efficiency of the VA's infrastructure.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for limited competition due to source exclusion.
- Contract duration is exactly one year, requiring potential re-competition soon.
Positive Signals
- Awarded under full and open competition principles.
- Fixed-price contract type helps control costs.
Sector Analysis
The contract falls under professional services, specifically real estate related activities. Spending in this sector often involves significant investment in planning and management to optimize federal property utilization and long-term value.
Small Business Impact
The data does not indicate if small businesses were involved in this specific award, either as prime contractors or subcontractors. Further analysis would be needed to determine small business participation.
Oversight & Accountability
The Department of Veterans Affairs is responsible for overseeing this contract. Standard government oversight mechanisms for contract performance and financial management are expected to be in place.
Related Government Programs
- Other Activities Related to Real Estate
- Department of Veterans Affairs Contracting
- Department of Veterans Affairs Programs
Risk Flags
- Potential for limited competition.
- Lack of detailed service breakdown.
- Need for benchmark comparison.
- Short contract duration requiring potential re-competition.
Tags
other-activities-related-to-real-estate, department-of-veterans-affairs, ca, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Veterans Affairs awarded $5.3 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 $5.3 million.
What is the period of performance?
Start: 2024-09-28. End: 2025-09-27.
What specific strategic and facility planning services are included in this contract?
The contract description 'STRATEGIC AND FACILITY PLANNING AND MANAGEMENT SERVICES' is broad. Specific deliverables likely include needs assessments, long-term strategic plans for facilities, operational efficiency studies, and potentially space utilization analysis. The exact scope would be detailed in the contract's statement of work.
What were the reasons for excluding certain sources in the competition?
The exclusion of sources typically occurs due to specific technical requirements, urgent needs, or unique capabilities possessed by only a limited number of contractors. Understanding the justification for source exclusion is crucial to assess if it unduly limited competition and potentially impacted the final price paid by taxpayers.
How does the awarded price compare to industry benchmarks for similar VA facility planning contracts?
Without specific benchmark data for comparable VA facility planning contracts, a precise comparison is difficult. However, the $5.28 million for a one-year duration suggests a substantial investment. A detailed cost analysis and comparison with similar solicitations and awards would be necessary to determine if the price is competitive.
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: $5,282,487
Exercised Options: $5,282,487
Current Obligation: $5,282,487
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: 36C26219D0065
IDV Type: IDC
Timeline
Start Date: 2024-09-28
Current End Date: 2025-09-27
Potential End Date: 2025-09-27 00:00:00
Last Modified: 2026-01-12
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