SEC Awards $13.4M AWS Professional Services Contract to Four Points Technology Under Full and Open Competition

Contract Overview

Contract Amount: $13,444,696 ($13.4M)

Contractor: Four Points Technology, L.L.C.

Awarding Agency: Securities and Exchange Commission

Start Date: 2022-12-01

End Date: 2027-01-31

Contract Duration: 1,522 days

Daily Burn Rate: $8.8K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: AWS PROFESSIONAL SERVICES

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20549

State: District of Columbia Government Spending

Plain-Language Summary

Securities and Exchange Commission obligated $13.4 million to FOUR POINTS TECHNOLOGY, L.L.C. for work described as: AWS PROFESSIONAL SERVICES Key points: 1. Contract value of $13.4M for AWS Professional Services. 2. Awarded to Four Points Technology, L.L.C. 3. Procured via Full and Open Competition after Exclusion of Sources. 4. Sector is Other Computer Related Services (NAICS 541519). 5. Contract duration is 1522 days.

Value Assessment

Rating: fair

The contract value of $13.4M for AWS Professional Services over approximately 4 years appears reasonable given the scope of cloud services. Benchmarking against similar large-scale cloud professional services contracts is difficult without more detailed service descriptions.

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'. This method suggests that while competition was sought, specific circumstances led to excluding certain potential sources, which could impact price discovery.

Taxpayer Impact: The use of full and open competition generally aims to achieve the best value for taxpayers. However, the exclusion of sources warrants scrutiny to ensure no potential cost savings were foregone.

Public Impact

Ensures continued access to critical AWS cloud infrastructure and professional services for the SEC. Supports SEC's operational needs through specialized IT services. Potential for innovation and efficiency gains through cloud adoption. Impact on data security and regulatory compliance within the SEC's cloud environment.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the IT services sector, specifically cloud professional services. Spending in this area has surged as government agencies migrate to cloud platforms for scalability and cost-efficiency. Benchmarks vary widely based on service complexity and provider.

Small Business Impact

The data indicates that the prime contractor is Four Points Technology, L.L.C. Further analysis would be needed to determine if this contract includes subcontracting opportunities for small businesses.

Oversight & Accountability

The Securities and Exchange Commission is responsible for oversight of this contract. The 'Full and Open Competition after Exclusion of Sources' method suggests a specific justification was required, which should be documented and auditable.

Related Government Programs

Risk Flags

Tags

other-computer-related-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 $13.4 million to FOUR POINTS TECHNOLOGY, L.L.C.. AWS PROFESSIONAL SERVICES

Who is the contractor on this award?

The obligated recipient is FOUR POINTS TECHNOLOGY, L.L.C..

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 $13.4 million.

What is the period of performance?

Start: 2022-12-01. End: 2027-01-31.

What specific AWS professional services are included in this $13.4M contract, and how do they align with the SEC's strategic IT goals?

The contract details for specific AWS professional services are not provided in the data. However, such services typically encompass cloud architecture design, migration support, managed services, security implementation, and optimization. For the SEC, these services would likely support their mission-critical applications, data analytics platforms, and regulatory systems, aiming to enhance operational efficiency, scalability, and security of their IT infrastructure.

What was the rationale for excluding sources in the 'Full and Open Competition after Exclusion of Sources' procurement method, and did it impact the final price?

The rationale for excluding sources typically involves specific technical requirements, existing infrastructure compatibility, or unique security needs that only a limited number of vendors can meet. While 'Full and Open Competition' was intended, the exclusion implies a pre-qualification or limitation. The impact on price is uncertain without knowing the number and capabilities of excluded vendors; it could potentially lead to higher prices if competition was significantly reduced.

How will the SEC measure the effectiveness and value derived from these AWS professional services over the contract's duration?

Effectiveness and value are typically measured through Key Performance Indicators (KPIs) defined in the contract. These could include service uptime, response times for support, successful migration milestones, cost savings achieved through cloud optimization, and security incident reduction. Regular performance reviews and reporting by the contractor, alongside independent government assessments, would be crucial for tracking value realization.

Industry Classification

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

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 50310223Q0005

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 13221 WOODLAND PARK RD, HERNDON, VA, 20171

Business Categories: Category Business, Limited Liability Corporation, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $20,344,578

Exercised Options: $13,444,696

Current Obligation: $13,444,696

Actual Outlays: $9,187,728

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: NNG15SD22B

IDV Type: GWAC

Timeline

Start Date: 2022-12-01

Current End Date: 2027-01-31

Potential End Date: 2027-11-30 00:00:00

Last Modified: 2026-04-08

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