SEC Awards $17.3M for Enterprise Qualitative Support Services to Integrated Systems, LLC
Contract Overview
Contract Amount: $17,313,194 ($17.3M)
Contractor: Integrated Systems, LLC
Awarding Agency: Securities and Exchange Commission
Start Date: 2019-09-24
End Date: 2026-09-23
Contract Duration: 2,556 days
Daily Burn Rate: $6.8K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 1
Pricing Type: LABOR HOURS
Sector: IT
Official Description: ENTERPRISE QUALITATIVE SUPPORT SERVICES
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20549
Plain-Language Summary
Securities and Exchange Commission obligated $17.3 million to INTEGRATED SYSTEMS, LLC for work described as: ENTERPRISE QUALITATIVE SUPPORT SERVICES Key points: 1. Contract awarded for Computer Systems Design Services. 2. Integrated Systems, LLC is the contractor. 3. The contract has a duration of 2556 days. 4. The total award amount is $17,313,193.51. 5. The contract was awarded under full and open competition.
Value Assessment
Rating: good
The award amount of $17.3M for enterprise qualitative support services appears reasonable given the 7-year duration. Benchmarking against similar contracts for IT support services would provide a more precise assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition after exclusion of sources, indicating a competitive bidding process. This method generally promotes price discovery and ensures fair market value.
Taxpayer Impact: The competitive nature of the award suggests that taxpayers are likely receiving a fair price for the services rendered.
Public Impact
Ensures continued operational support for the SEC's enterprise systems. Supports critical IT infrastructure for financial regulation. Provides specialized qualitative support services. Long-term contract provides stability for service delivery.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Positive Signals
- Full and open competition
- Long contract duration for stability
- Supports critical agency functions
Sector Analysis
This contract falls within the IT services sector, specifically Computer Systems Design Services. Spending in this area is substantial across government, supporting agency operations and modernization efforts.
Small Business Impact
The data indicates that small business participation was not a factor in this specific award, as the 'sb' field is false. Further analysis would be needed to determine if small businesses were involved in the competitive process or subcontracting.
Oversight & Accountability
The Securities and Exchange Commission (SEC) is responsible for overseeing this contract. Standard procurement regulations and agency oversight mechanisms should ensure accountability and proper execution of services.
Related Government Programs
- Computer Systems Design Services
- Securities and Exchange Commission Contracting
- Securities and Exchange Commission Programs
Risk Flags
- Potential for technological obsolescence over the 7-year term.
- Lack of specific detail on 'qualitative support services'.
- No indication of small business subcontracting opportunities.
Tags
computer-systems-design-services, securities-and-exchange-commission, dc, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Securities and Exchange Commission awarded $17.3 million to INTEGRATED SYSTEMS, LLC. ENTERPRISE QUALITATIVE SUPPORT SERVICES
Who is the contractor on this award?
The obligated recipient is INTEGRATED SYSTEMS, LLC.
Which agency awarded this contract?
Awarding agency: Securities and Exchange Commission (Securities and Exchange Commission).
What is the total obligated amount?
The obligated amount is $17.3 million.
What is the period of performance?
Start: 2019-09-24. End: 2026-09-23.
What specific qualitative support services are included in this contract?
The contract details 'Enterprise Qualitative Support Services' and is categorized under 'Computer Systems Design Services.' While the specific deliverables are not detailed in the provided data, these services likely encompass areas such as system analysis, performance monitoring, user support, and potentially advisory roles related to the SEC's IT infrastructure and operations.
What is the potential risk associated with a 7-year contract for IT support?
A significant risk with long-term IT contracts is technological obsolescence. The rapid pace of technological change could render the contracted services or systems outdated before the contract ends. Additionally, vendor lock-in and potential for cost increases over time are concerns that require diligent oversight and performance management.
How effective is full and open competition in ensuring value for money in IT services?
Full and open competition is generally considered the most effective method for ensuring value for money, as it allows multiple qualified vendors to bid, fostering a competitive environment that drives down prices and encourages innovation. However, the effectiveness can be diminished if the solicitation requirements are poorly defined or if the evaluation criteria do not adequately assess technical capabilities alongside price.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Computer Systems Design Services
Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS › ADP AND TELECOMMUNICATIONS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Offers Received: 1
Pricing Type: LABOR HOURS (Z)
Evaluated Preference: NONE
Contractor Details
Parent Company: West 4TH Strategy, LLC
Address: 7901 JONES BRANCH DR STE 340, MCLEAN, VA, 22102
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, Indian (Subcontinent) American Owned Business, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business
Financial Breakdown
Contract Ceiling: $31,426,911
Exercised Options: $17,313,194
Current Obligation: $17,313,194
Actual Outlays: $16,257,598
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: 50310219D0006
IDV Type: IDC
Timeline
Start Date: 2019-09-24
Current End Date: 2026-09-23
Potential End Date: 2029-09-23 00:00:00
Last Modified: 2025-09-08
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