GSA's $3.38M GNMA BPA Pool 3 Advisory Services Contract Awarded to Guidehouse Inc
Contract Overview
Contract Amount: $3,377,778 ($3.4M)
Contractor: Guidehouse Inc.
Awarding Agency: General Services Administration
Start Date: 2023-10-30
End Date: 2025-10-29
Contract Duration: 730 days
Daily Burn Rate: $4.6K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 2
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: GNMA BPA POOL 3 TO3 PORTFOLIO ADVISORY SERVICES FY 24 RECOMPETE
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20201
Plain-Language Summary
General Services Administration obligated $3.4 million to GUIDEHOUSE INC. for work described as: GNMA BPA POOL 3 TO3 PORTFOLIO ADVISORY SERVICES FY 24 RECOMPETE Key points: 1. Contract awarded to Guidehouse Inc. for advisory services related to GNMA BPA Pool 3. 2. The contract has a duration of 730 days, ending in October 2025. 3. This is a recompete, suggesting a continuation of existing services. 4. The North American Industry Classification System (NAICS) code is 541611 for Administrative Management and General Management Consulting Services.
Value Assessment
Rating: good
The contract value of $3.38M over two years appears reasonable for specialized advisory services. Benchmarking against similar GSA BPA calls for management consulting would provide a more precise assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded through full and open competition, indicating a competitive bidding process. This method generally promotes price discovery and potentially better value for the government.
Taxpayer Impact: The competitive nature of the award suggests taxpayers are likely receiving fair market value for the services rendered.
Public Impact
Ensures continued advisory support for GNMA BPA Pool 3 operations. Supports the Federal Acquisition Service's mission in managing financial instruments. Potential for improved efficiency and effectiveness in GNMA portfolio management.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of specific performance metrics in provided data.
- Potential for vendor lock-in if this is a sole-source recompete in practice.
Positive Signals
- Awarded through full and open competition.
- Firm Fixed Price contract type provides cost certainty.
Sector Analysis
This contract falls within the professional services sector, specifically management consulting. Spending in this area is common across federal agencies for specialized expertise. Benchmarks vary widely based on the specific service and agency.
Small Business Impact
The data indicates that small businesses were not primary awardees for this specific contract, as the awardee is Guidehouse Inc. Further analysis would be needed to determine if small businesses participated as subcontractors.
Oversight & Accountability
The General Services Administration (GSA) is responsible for overseeing this contract. The use of BPA calls suggests a structured procurement process, but specific oversight mechanisms for this BPA call are not detailed.
Related Government Programs
- Administrative Management and General Management Consulting Services
- General Services Administration Contracting
- Federal Acquisition Service Programs
Risk Flags
- Potential lack of transparency on incumbent performance.
- Need for detailed performance metrics.
- Limited insight into specific advisory tasks.
- No explicit mention of small business subcontracting goals.
Tags
administrative-management-and-general-ma, general-services-administration, dc, bpa-call, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
General Services Administration awarded $3.4 million to GUIDEHOUSE INC.. GNMA BPA POOL 3 TO3 PORTFOLIO ADVISORY SERVICES FY 24 RECOMPETE
Who is the contractor on this award?
The obligated recipient is GUIDEHOUSE INC..
Which agency awarded this contract?
Awarding agency: General Services Administration (Federal Acquisition Service).
What is the total obligated amount?
The obligated amount is $3.4 million.
What is the period of performance?
Start: 2023-10-30. End: 2025-10-29.
What specific advisory services are being provided under this BPA call, and how do they directly contribute to the GNMA portfolio's performance?
The advisory services likely pertain to the management, analysis, and strategic guidance for the Government National Mortgage Association (GNMA) Mortgage-Backed Securities (MBS) program. This could include risk assessment, market analysis, operational efficiency improvements, and compliance support, all aimed at ensuring the stability and effectiveness of the GNMA MBS program and its underlying pools.
Given this is a recompete, what was the performance of the incumbent contractor, and were there any identified risks or areas for improvement that influenced the new award?
Information regarding the incumbent's performance and specific risks or improvements influencing this recompete is not provided. A thorough review would typically involve analyzing past performance evaluations, contract modifications, and any lessons learned from the previous contract period to ensure better value and mitigate potential issues in the current award.
How does the $3.38M contract value compare to similar advisory service contracts awarded by GSA or other agencies for comparable services, and does it represent good value?
Without specific benchmarks for comparable GNMA portfolio advisory services, a definitive value assessment is difficult. However, $3.38M over two years for specialized federal financial advisory services is within a plausible range. A detailed comparison with other agency contracts for similar consulting services, considering scope, duration, and complexity, would be necessary to confirm if it represents excellent value.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Management, Scientific, and Technical Consulting Services › Administrative Management and General Management Consulting 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: 47QFDA23Q0051
Offers Received: 2
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: Veritas Capital Fund Management, L.L.C.
Address: 1676 INTERNATIONAL DR STE 800, MC LEAN, VA, 22102
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $4,827,742
Exercised Options: $4,827,742
Current Obligation: $3,377,778
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Parent Contract
Parent Award PIID: 47QFDA18A0031
IDV Type: BPA
Timeline
Start Date: 2023-10-30
Current End Date: 2025-10-29
Potential End Date: 2025-10-29 00:00:00
Last Modified: 2026-02-11
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