CFTC Cloud Governance Contract Awarded to SMARTRONIX, LLC for $28.7M

Contract Overview

Contract Amount: $28,686,084 ($28.7M)

Contractor: Smartronix, LLC

Awarding Agency: General Services Administration

Start Date: 2024-09-01

End Date: 2026-02-28

Contract Duration: 545 days

Daily Burn Rate: $52.6K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 5

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: CLOUD GOVERNANCE AND ADMINISTRATION OF TECHNOLOGY AND ENGINEERING CGATE CFTC

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20581

State: District of Columbia Government Spending

Plain-Language Summary

General Services Administration obligated $28.7 million to SMARTRONIX, LLC for work described as: CLOUD GOVERNANCE AND ADMINISTRATION OF TECHNOLOGY AND ENGINEERING CGATE CFTC Key points: 1. Contract focuses on cloud governance and administration for technology and engineering. 2. SMARTRONIX, LLC, a single awardee, secured this delivery order. 3. The contract is valued at $28.7 million over its period of performance. 4. This falls under Computer Systems Design Services (NAICS 541512).

Value Assessment

Rating: good

The contract's firm-fixed-price structure provides cost certainty. Benchmarking against similar cloud governance contracts is recommended to ensure optimal value.

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 leads to better price discovery and value for the government.

Taxpayer Impact: The firm-fixed-price contract aims to control costs, ensuring taxpayer funds are used efficiently for essential cloud governance services.

Public Impact

Ensures robust cloud governance and administration for CFTC's technology and engineering needs. Supports the modernization and security of federal cloud infrastructure. Provides essential IT services to a key financial regulatory agency.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the IT services sector, specifically computer systems design. Spending in this area is substantial across federal agencies as they migrate and manage cloud environments.

Small Business Impact

The contract was not awarded to a small business. Opportunities for small businesses may exist through subcontracting, but direct award indicates larger prime contractor involvement.

Oversight & Accountability

The General Services Administration (GSA) awarded this contract through its Federal Acquisition Service, indicating established procurement processes and oversight.

Related Government Programs

Risk Flags

Tags

computer-systems-design-services, general-services-administration, dc, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $28.7 million to SMARTRONIX, LLC. CLOUD GOVERNANCE AND ADMINISTRATION OF TECHNOLOGY AND ENGINEERING CGATE CFTC

Who is the contractor on this award?

The obligated recipient is SMARTRONIX, LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $28.7 million.

What is the period of performance?

Start: 2024-09-01. End: 2026-02-28.

What specific cloud platforms and services are covered under this contract?

The provided data does not specify the exact cloud platforms (e.g., AWS, Azure, GCP) or the granular services (e.g., security monitoring, cost optimization, compliance management) included. Further details from the contract award documentation would be needed to ascertain the full scope of cloud governance and administration.

How will the government ensure continued cost-effectiveness throughout the contract's duration?

The firm-fixed-price structure provides initial cost certainty. Ongoing oversight by GSA and CFTC will be crucial, potentially involving regular performance reviews, benchmarking against market rates, and exploring options for service optimization to maintain cost-effectiveness over the contract's life.

What are the key performance indicators (KPIs) for this cloud governance contract?

Key performance indicators are not detailed in the provided summary. Typically, for cloud governance, KPIs would focus on uptime, security compliance, cost management efficiency, response times for incidents, and successful implementation of governance policies. These would be defined in the contract's statement of work.

Industry Classification

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

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONSIT AND TELECOM - COMPUTE

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 47QFEA24Q0010

Offers Received: 5

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 44150 SMARTRONIX WAY STE 200, HOLLYWOOD, MD, 20636

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $79,362,452

Exercised Options: $36,809,160

Current Obligation: $28,686,084

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 47QTCK18D0007

IDV Type: GWAC

Timeline

Start Date: 2024-09-01

Current End Date: 2026-02-28

Potential End Date: 2029-08-31 00:00:00

Last Modified: 2026-02-26

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