GSA awards $2M HR & Payroll Case Management contract to Federal Resources Corporation for 2 years

Contract Overview

Contract Amount: $2,044,618 ($2.0M)

Contractor: Federal Resources Corporation

Awarding Agency: General Services Administration

Start Date: 2024-09-27

End Date: 2026-07-07

Contract Duration: 648 days

Daily Burn Rate: $3.2K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: HR & PAYROLL CASE MANAGEMENT SUPPORT SERVICES

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20405

State: District of Columbia Government Spending

Plain-Language Summary

General Services Administration obligated $2.0 million to FEDERAL RESOURCES CORPORATION for work described as: HR & PAYROLL CASE MANAGEMENT SUPPORT SERVICES Key points: 1. Contract value appears reasonable for the duration and scope of HR and payroll support services. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. The contract is a firm-fixed-price type, which shifts cost risk to the contractor. 4. Performance is expected to occur in Washington D.C. 5. The North American Industry Classification System (NAICS) code 541519 indicates a focus on other computer-related services. 6. The contract duration is 648 days.

Value Assessment

Rating: good

The contract value of approximately $2 million over two years for HR and payroll case management support services seems aligned with industry standards for similar government contracts. Without specific details on the exact services rendered, a direct per-unit cost comparison is difficult. However, the firm-fixed-price structure suggests that the contractor bears the risk of cost overruns, which can be a positive indicator of value if the contractor performs efficiently.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This contract was awarded under 'Full and Open Competition After Exclusion of Sources,' indicating that the solicitation was broadly advertised and all responsible sources were permitted to submit offers. The fact that it was competed fully suggests that multiple bidders likely participated, fostering price discovery and potentially leading to a more competitive price for the government.

Taxpayer Impact: The use of full and open competition is beneficial for taxpayers as it maximizes the pool of potential offerors, driving down costs through market forces and ensuring the government receives the best value.

Public Impact

Federal employees utilizing HR and payroll services will benefit from improved case management. The contract supports the operational efficiency of the General Services Administration (GSA). Services are delivered within the District of Columbia. The contract may indirectly support the workforce by ensuring timely and accurate payroll and HR functions.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Positive Signals

Awarded under full and open competition, indicating a robust bidding process.
Firm-fixed-price contract type, which transfers cost risk to the contractor.
Contract awarded to Federal Resources Corporation, a known entity in government contracting.

Sector Analysis

The HR and payroll support services sector within government contracting is a consistent area of spending. This contract, classified under NAICS code 541519 (Other Computer Related Services), likely involves IT-enabled solutions for managing human resources and payroll functions. Comparable spending benchmarks for similar IT support services can vary widely based on complexity, duration, and specific deliverables, but this contract's value appears within a reasonable range for a two-year engagement.

Small Business Impact

The data indicates that this contract was not set aside for small businesses (ss: false, sb: false). Therefore, there are no direct subcontracting implications for small businesses stemming from a small business set-aside. The primary contractor, Federal Resources Corporation, will be responsible for fulfilling the contract requirements.

Oversight & Accountability

Oversight for this contract will likely be managed by the contracting officer and the relevant program officials within the General Services Administration's Office of Administrative Services. As a delivery order under a larger contract vehicle, the terms and conditions of the base contract would also apply. Transparency is generally maintained through contract award databases, and any specific performance monitoring or quality assurance plans would be detailed in the contract itself.

Related Government Programs

HR Support Services
Payroll Processing Services
Case Management Systems
IT Professional Services
General Services Administration Contracts

Risk Flags

Contract duration is relatively long (648 days), requiring sustained performance monitoring.
Scope of 'Other Computer Related Services' can be broad, necessitating clear definition of deliverables.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $2.0 million to FEDERAL RESOURCES CORPORATION. HR & PAYROLL CASE MANAGEMENT SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is FEDERAL RESOURCES CORPORATION.

Which agency awarded this contract?

Awarding agency: General Services Administration (Office of Administrative Services).

What is the total obligated amount?

The obligated amount is $2.0 million.

What is the period of performance?

Start: 2024-09-27. End: 2026-07-07.

What specific HR and payroll case management functions will Federal Resources Corporation be providing under this contract?

The provided data does not detail the specific functions. However, 'HR & PAYROLL CASE MANAGEMENT SUPPORT SERVICES' typically encompass a range of activities such as managing employee records, processing payroll, administering benefits, handling HR inquiries, and potentially supporting HR-related IT systems. The exact scope would be defined in the contract's statement of work, which is not included in the provided summary data. These services are crucial for the efficient operation of any large organization, ensuring employees are paid accurately and on time, and that HR data is managed effectively and compliantly.

How does the awarded amount of $2,044,618.30 compare to similar HR and payroll support contracts awarded by GSA or other agencies?

Benchmarking this contract's value requires comparing it to similar HR and payroll support services contracts with comparable durations and scopes. Given the contract is for approximately two years (648 days) and awarded under full and open competition, the value of roughly $2 million appears reasonable. For instance, other government contracts for IT-enabled HR services can range from hundreds of thousands to several million dollars annually, depending on the complexity of the system, the number of users supported, and the specific services required. Without a detailed statement of work, a precise comparison is challenging, but the firm-fixed-price nature suggests the government has secured a defined cost for these services.

What are the key performance indicators (KPIs) or service level agreements (SLAs) associated with this contract?

The provided data does not specify the Key Performance Indicators (KPIs) or Service Level Agreements (SLAs) for this contract. These are critical components that define the expected quality and timeliness of the services to be delivered by Federal Resources Corporation. Typically, for HR and payroll support, KPIs might include metrics such as payroll accuracy rates, response times for HR inquiries, case resolution times, and system uptime. SLAs would outline the acceptable performance thresholds for these metrics, often with associated remedies or penalties for non-compliance. These details would be found within the contract's statement of work or performance work statement.

What is the track record of Federal Resources Corporation in delivering HR and payroll support services to the federal government?

Federal Resources Corporation has a history of receiving federal contracts. While the provided data confirms they were awarded this specific contract, it does not offer details on their past performance specifically in HR and payroll case management support. A comprehensive assessment of their track record would involve reviewing past performance evaluations, contract histories, and any reported issues or successes on similar government contracts. Agencies often use past performance information as a significant factor in source selection, indicating that GSA likely considered FRC's relevant experience when making this award.

What is the potential impact of this contract on the efficiency and effectiveness of GSA's administrative operations?

This contract is intended to enhance the efficiency and effectiveness of GSA's administrative operations by providing specialized support for HR and payroll case management. By outsourcing or augmenting these functions, GSA can potentially streamline processes, reduce administrative burdens on internal staff, and ensure more accurate and timely handling of employee-related matters. Effective case management is crucial for maintaining employee morale, ensuring compliance with labor laws and regulations, and supporting the overall productivity of the agency's workforce. The success of this contract will depend on the contractor's ability to meet performance expectations and integrate seamlessly with GSA's existing systems and procedures.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Other Computer Related Services

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 47HAA024Q0125

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1401 STATE ST, ERIE, PA, 16501

Business Categories: Asian Pacific American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Woman Owned Business

Financial Breakdown

Contract Ceiling: $2,210,737

Exercised Options: $2,044,618

Current Obligation: $2,044,618

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: NNG15SC61B

IDV Type: GWAC

Timeline