GSA awards $10.1M contract for IT services, extending duration by two years

Contract Overview

Contract Amount: $10,087,053 ($10.1M)

Contractor: Regan Technologies Corp

Awarding Agency: General Services Administration

Start Date: 2025-09-03

End Date: 2026-09-26

Contract Duration: 388 days

Daily Burn Rate: $26.0K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: DUE TO EO 14240, 73351022F0229 IS BEING TRANSFERRED FROM SBA TO GSA. GSA PIID IS 47QACA25F0279. THIS ACTION CHANGES THE POP FOR THIS ADMINISTRATIVE CONTINUANCE FROM 9/27/22-9/26/25 TO 9/17/25-9/26/27. 2 OPTION YEARS ARE ADDED TO THE DO.

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20416

State: District of Columbia Government Spending

Plain-Language Summary

General Services Administration obligated $10.1 million to REGAN TECHNOLOGIES CORP for work described as: DUE TO EO 14240, 73351022F0229 IS BEING TRANSFERRED FROM SBA TO GSA. GSA PIID IS 47QACA25F0279. THIS ACTION CHANGES THE POP FOR THIS ADMINISTRATIVE CONTINUANCE FROM 9/27/22-9/26/25 TO 9/17/25-9/26/27. 2 OPTION YEARS ARE ADDED TO THE DO. Key points: 1. Contract value represents a significant investment in IT support services. 2. The administrative continuance indicates ongoing need for these services. 3. The transfer from SBA to GSA suggests a shift in administrative oversight. 4. The extension of the contract period by two years points to sustained program requirements. 5. The firm-fixed-price contract type aims to provide cost certainty. 6. The contract is not set aside for small businesses.

Value Assessment

Rating: good

The contract value of approximately $10.1 million over its extended period appears reasonable for IT services. Benchmarking against similar contracts for 'Other Computer Related Services' (NAICS 541519) would provide a more precise assessment of value for money. The firm-fixed-price structure suggests a degree of cost control, but detailed analysis of the specific services rendered is needed to fully evaluate efficiency.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was awarded under 'Full and Open Competition After Exclusion of Sources,' which implies that while competition was sought, certain sources may have been excluded. The specific reasons for this exclusion are not detailed, but it suggests a potentially narrower competitive landscape than full and open competition. The number of bidders is not specified, making it difficult to fully assess the intensity of competition.

Taxpayer Impact: The limited competition may result in less aggressive pricing than a fully open competition, potentially impacting taxpayer savings.

Public Impact

Federal agencies requiring IT support services will benefit from the continuity of these services. The contract delivers 'Other Computer Related Services,' crucial for maintaining federal IT infrastructure. The primary geographic impact is within the District of Columbia. The contract supports jobs within the IT services sector.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The IT services sector is a vast and critical component of federal spending. This contract falls under 'Other Computer Related Services,' a broad category encompassing a range of IT support functions. Federal spending in this area is consistently high, driven by the need to maintain and modernize complex IT systems across all agencies. Comparable spending benchmarks would typically involve analyzing IT service contracts awarded by agencies like GSA, DOD, and civilian departments for similar service scopes and contract values.

Small Business Impact

This contract does not appear to have a small business set-aside. The absence of a set-aside suggests that the primary focus was on obtaining the required services through the most competitive means available, rather than specifically targeting small business participation. There is no explicit information regarding subcontracting plans for small businesses, which could represent a missed opportunity to engage the small business ecosystem.

Oversight & Accountability

Oversight for this contract is managed by the General Services Administration (GSA), Federal Acquisition Service. As an administrative continuance, it likely falls under existing GSA oversight mechanisms. Transparency is facilitated through contract databases, but specific details on performance monitoring and accountability measures would require deeper access to contract administration files. Inspector General jurisdiction would typically reside with the agency awarding and administering the contract, in this case, GSA.

Related Government Programs

Risk Flags

Tags

it-services, general-services-administration, district-of-columbia, delivery-order, firm-fixed-price, limited-competition, administrative-continuance, computer-related-services, it-support, federal-acquisition-service

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $10.1 million to REGAN TECHNOLOGIES CORP. DUE TO EO 14240, 73351022F0229 IS BEING TRANSFERRED FROM SBA TO GSA. GSA PIID IS 47QACA25F0279. THIS ACTION CHANGES THE POP FOR THIS ADMINISTRATIVE CONTINUANCE FROM 9/27/22-9/26/25 TO 9/17/25-9/26/27. 2 OPTION YEARS ARE ADDED TO THE DO.

Who is the contractor on this award?

The obligated recipient is REGAN TECHNOLOGIES CORP.

Which agency awarded this contract?

Awarding agency: General Services Administration (Federal Acquisition Service).

What is the total obligated amount?

The obligated amount is $10.1 million.

What is the period of performance?

Start: 2025-09-03. End: 2026-09-26.

What specific 'Other Computer Related Services' are being provided under this contract?

The provided data indicates the contract falls under NAICS code 541519, 'Other Computer Related Services.' This broad category can encompass a wide array of services, including IT consulting, system integration, network management, data processing, and IT support. Without the full contract details or statement of work, it is impossible to specify the exact services. However, given the administrative continuance and extension, it is likely providing ongoing operational IT support, maintenance, or specialized IT project assistance to the agency that originally contracted the services before the transfer to GSA.

What were the reasons for excluding certain sources in the competition process?

The contract type 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES' suggests that while the initial solicitation was intended to be open, specific sources were subsequently excluded. Common reasons for such exclusions can include failure to meet mandatory requirements, past performance issues, or specific regulatory or security mandates that limit the pool of eligible contractors. The exact justification for excluding sources is not detailed in the provided data and would typically be found in the contract award justification documentation. Understanding these reasons is crucial for assessing the fairness and completeness of the competition.

How does the extended contract duration impact overall program costs and service continuity?

The extension of the contract duration by two years, from September 27, 2022 - September 26, 2025 to September 17, 2025 - September 26, 2027, ensures continuity of IT services without interruption. This extension likely provides stability for the agency relying on these services and allows for more predictable budgeting. From a cost perspective, extending an existing contract can sometimes be more cost-effective than initiating a new procurement process, which involves significant administrative and transactional costs. However, the total cost over the extended period will increase, and the value for money should be continuously assessed against market rates.

What is the significance of the contract transfer from SBA to GSA under EO 14240?

The transfer of contract 73351022F0229 from the Small Business Administration (SBA) to the General Services Administration (GSA) due to Executive Order 14240 signifies a change in administrative oversight and potentially the contracting vehicle. EO 14240, related to federal data and information technology modernization, may have prompted this reassessment of where such administrative continuance contracts are best managed. GSA, with its extensive experience in managing IT contracts and shared services, is often better positioned to oversee these types of agreements, potentially leading to more efficient administration and better alignment with broader federal IT strategies.

What is the historical spending pattern for this specific contract or similar services?

The provided data shows a current contract value of $10,087,053.25 with an original period of performance ending in 2025 and an extended period ending in 2027. This indicates a sustained level of spending for these IT services. To understand historical patterns, one would need to examine previous contract awards for this specific PIID (47QACA25F0279) or its predecessor (73351022F0229) and analyze spending trends over time. Comparing this to overall federal spending on NAICS 541519 would reveal if this contract represents a significant portion of the government's expenditure in this category or if it aligns with typical investment levels.

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

Solicitation ID: 47QACA25Q0383

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 515 CENTERPOINT DR STE 115, MIDDLETOWN, CT, 06457

Business Categories: Category Business, Corporate Entity Not Tax Exempt, 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: $54,337,716

Exercised Options: $44,182,051

Current Obligation: $10,087,053

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: NNG15SD39B

IDV Type: GWAC

Timeline

Start Date: 2025-09-03

Current End Date: 2026-09-26

Potential End Date: 2027-09-26 00:00:00

Last Modified: 2026-03-03

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