GSA's $7.29M GNMA BPA Pool 1 Default Strategy Contract Awarded to Deloitte & Touche LLP

Contract Overview

Contract Amount: $7,293,330 ($7.3M)

Contractor: Deloitte & Touche LLP

Awarding Agency: General Services Administration

Start Date: 2022-10-23

End Date: 2026-04-22

Contract Duration: 1,277 days

Daily Burn Rate: $5.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: LABOR HOURS

Sector: IT

Official Description: GNMA BPA POOL 1 DEFAULT STRATEGY TO

Place of Performance

Location: ARLINGTON, ARLINGTON County, VIRGINIA, 22209

State: Virginia Government Spending

Plain-Language Summary

General Services Administration obligated $7.3 million to DELOITTE & TOUCHE LLP for work described as: GNMA BPA POOL 1 DEFAULT STRATEGY TO Key points: 1. The contract is for 'Other Computer Related Services' with a significant value of $7.29 million. 2. Deloitte & Touche LLP, a well-established firm, is the awardee. 3. The contract duration is over 3 years, indicating a need for ongoing services. 4. The spending is categorized under 'Other Computer Related Services', a broad IT-related field.

Value Assessment

Rating: fair

The contract value of $7.29M for 'Other Computer Related Services' needs further context to assess pricing against similar GSA BPA Pool 1 contracts. Without specific deliverables or labor categories, a direct benchmark is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'Full and Open Competition', suggesting a competitive bidding process. This method generally promotes price discovery and potentially better value for the government.

Taxpayer Impact: The competitive award process aims to ensure taxpayer funds are used efficiently, though the specific value for money depends on the services rendered.

Public Impact

Potential impact on GNMA's default strategy implementation and effectiveness. The use of IT services suggests modernization or support for financial operations. Transparency in how taxpayer money is allocated for financial services support.

Waste & Efficiency Indicators

Waste Risk Score: 57 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under IT services, specifically 'Other Computer Related Services'. The benchmark for this category can vary widely based on specialization, but GSA BPAs often aim for competitive pricing on common IT support and consulting.

Small Business Impact

The data indicates this contract was not set aside for small businesses (ss: false, sb: false). Therefore, small businesses were likely not the primary focus of this specific award.

Oversight & Accountability

Oversight will be crucial to ensure Deloitte & Touche LLP delivers on the 'GNMA BPA POOL 1 DEFAULT STRATEGY' objectives effectively and within budget. The General Services Administration (GSA) Federal Acquisition Service is the contracting agency.

Related Government Programs

Risk Flags

Tags

other-computer-related-services, general-services-administration, va, bpa-call, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $7.3 million to DELOITTE & TOUCHE LLP. GNMA BPA POOL 1 DEFAULT STRATEGY TO

Who is the contractor on this award?

The obligated recipient is DELOITTE & TOUCHE LLP.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $7.3 million.

What is the period of performance?

Start: 2022-10-23. End: 2026-04-22.

What specific 'Other Computer Related Services' are being provided under this contract to support the GNMA default strategy, and how do these align with the agency's strategic goals?

The contract details are vague regarding the specific services. 'Other Computer Related Services' could encompass a wide range of IT support, from software development and maintenance to data analysis and cybersecurity. Understanding the precise nature of these services is critical to evaluating their alignment with GNMA's default strategy and overall mission effectiveness.

Given the 'Full and Open Competition' award, what was the competitive landscape, and how did Deloitte & Touche LLP's proposal demonstrate superior value or technical capability compared to other bidde

While awarded competitively, the provided data lacks details on the number of bidders or the evaluation criteria. A full assessment would require reviewing the solicitation and award documents to understand the competitive dynamics and the specific factors that led to Deloitte & Touche LLP's selection, ensuring the government secured the best possible value.

What are the key performance indicators (KPIs) and expected outcomes for this contract, and how will their achievement be measured to ensure effective use of taxpayer funds?

The current data does not specify any KPIs or measurable outcomes. Effective oversight requires clearly defined performance metrics tied to the GNMA default strategy. Without these, it is challenging to assess the contractor's performance, the contract's success, or the ultimate return on investment for the government.

Industry Classification

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

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 47QFDA22Q0049

Offers Received: 2

Pricing Type: LABOR HOURS (Z)

Evaluated Preference: NONE

Contractor Details

Parent Company: Deloitte Consulting LLP

Address: 1919 N LYNN ST, ARLINGTON, VA, 22209

Business Categories: Category Business, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $17,014,754

Exercised Options: $16,910,056

Current Obligation: $7,293,330

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Parent Contract

Parent Award PIID: 47QFDA18A0002

IDV Type: BPA

Timeline

Start Date: 2022-10-23

Current End Date: 2026-04-22

Potential End Date: 2026-04-22 00:00:00

Last Modified: 2025-12-23

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