SEC awards $5M IT cabling and AV contract to Vision Technologies, LLC for District of Columbia operations

Contract Overview

Contract Amount: $5,031,098 ($5.0M)

Contractor: Vision Technologies, LLC

Awarding Agency: Securities and Exchange Commission

Start Date: 2026-01-26

End Date: 2027-01-25

Contract Duration: 364 days

Daily Burn Rate: $13.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: TIME AND MATERIALS

Sector: IT

Official Description: COMPREHENSIVE IT CABLING AND AUDIO VISUAL SOLUTIONS

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 $5.0 million to VISION TECHNOLOGIES, LLC for work described as: COMPREHENSIVE IT CABLING AND AUDIO VISUAL SOLUTIONS Key points: 1. Contract focuses on essential IT infrastructure and audio-visual systems, supporting SEC's core functions. 2. Full and open competition suggests a competitive bidding process was utilized. 3. Delivery order structure indicates flexibility in task execution and potential for phased implementation. 4. The contract duration of one year with a fixed end date provides a defined period for service delivery. 5. The use of Time and Materials pricing may introduce cost variability depending on actual labor and material usage. 6. The contract is a single award, indicating Vision Technologies, LLC was selected as the primary provider.

Value Assessment

Rating: fair

The contract value of $5,031,098 for a one-year period for comprehensive IT cabling and audio-visual solutions appears to be within a reasonable range for a federal agency of the SEC's size and operational needs. Benchmarking against similar contracts for IT infrastructure and AV services would provide a more precise assessment of value for money. The Time and Materials (T&M) pricing model, while offering flexibility, can lead to higher costs if not carefully managed and monitored, potentially impacting overall value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that all responsible sources were permitted to submit bids. This suggests a robust bidding process where multiple vendors likely participated. The level of competition is generally positive for price discovery and ensuring the government receives competitive pricing. However, without specific details on the number of bids received, it's difficult to definitively assess the intensity of the competition.

Taxpayer Impact: Full and open competition generally benefits taxpayers by fostering a competitive environment that can drive down costs and encourage innovation, leading to better value for public funds.

Public Impact

The Securities and Exchange Commission (SEC) will benefit from upgraded IT cabling and audio-visual systems, enhancing its operational efficiency. Services delivered include comprehensive IT cabling and audio-visual solutions, crucial for modern office environments and communication. The geographic impact is focused on the District of Columbia, where the SEC's primary operations are located. Workforce implications may include the need for skilled technicians for installation and maintenance, potentially supporting local employment in the IT services sector.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Time and Materials (T&M) pricing can lead to cost overruns if not closely managed, potentially exceeding initial budget expectations.
The single award nature of the contract means the SEC is reliant on one vendor for these critical services, posing a risk if performance issues arise.
Lack of specific performance metrics in the provided data makes it difficult to assess the contractor's track record or potential for success.
The contract duration is relatively short (one year), which might lead to frequent re-competition and associated administrative overhead.

Positive Signals

Awarded under full and open competition, suggesting a fair and transparent selection process.
Vision Technologies, LLC's selection indicates they met the government's requirements for IT cabling and AV solutions.
The contract aims to provide essential infrastructure upgrades, which are critical for the SEC's ongoing operations and modernization efforts.
The defined end date provides a clear timeline for service delivery and project completion.

Sector Analysis

This contract falls within the Information Technology (IT) services sector, specifically focusing on IT infrastructure, cabling, and audio-visual systems. The market for these services is highly competitive, with numerous providers ranging from small specialized firms to large system integrators. Federal spending in this area is substantial, driven by the continuous need for network upgrades, secure communication systems, and modern collaboration tools across government agencies. Comparable spending benchmarks would typically involve analyzing contracts for similar scope and scale within other federal agencies or large private sector organizations.

Small Business Impact

The provided data indicates that this contract was not set aside for small businesses (ss: false, sb: false). Therefore, there are no direct subcontracting implications or specific benefits for the small business ecosystem stemming from a set-aside provision. The primary contractor, Vision Technologies, LLC, will be responsible for delivering the services. Any subcontracting opportunities would be at the discretion of the prime contractor.

Oversight & Accountability

Oversight for this contract would primarily reside with the Securities and Exchange Commission's contracting officers and program managers. They are responsible for monitoring performance, ensuring compliance with contract terms, and approving payments. Transparency is facilitated through contract award databases like FPDS. Inspector General jurisdiction would apply if any investigations into fraud, waste, or abuse related to this contract were initiated.

Related Government Programs

IT Infrastructure Services
Audio-Visual Equipment and Services
Telecommunications Cabling
Network Installation and Maintenance
Federal IT Modernization Programs

Risk Flags

Potential for cost overruns due to Time and Materials pricing.
Reliance on a single vendor for critical IT infrastructure services.
Need for robust contract oversight to ensure value and performance.
Short contract duration may lead to frequent re-competition.

Frequently Asked Questions

What is this federal contract paying for?

Securities and Exchange Commission awarded $5.0 million to VISION TECHNOLOGIES, LLC. COMPREHENSIVE IT CABLING AND AUDIO VISUAL SOLUTIONS

Who is the contractor on this award?

The obligated recipient is VISION TECHNOLOGIES, 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 $5.0 million.

What is the period of performance?

Start: 2026-01-26. End: 2027-01-25.

What is the track record of Vision Technologies, LLC with the federal government, particularly in delivering IT cabling and audio-visual solutions?

A thorough review of federal procurement databases (such as FPDS or SAM.gov) would be necessary to assess Vision Technologies, LLC's track record. This would involve examining past contract awards, performance evaluations (if publicly available), and any history of protests or disputes. Understanding their experience with similar projects, contract values, and agency types can provide insight into their capabilities and reliability. For instance, have they successfully completed projects of comparable scope and complexity for agencies like the SEC or other large federal entities? Analyzing their past performance ratings, if accessible, would offer direct feedback on their ability to meet deadlines, manage costs, and deliver quality services.

How does the awarded amount of $5,031,098 compare to similar federal contracts for IT cabling and AV services?

To benchmark this contract's value, one would compare it against similar federal awards for IT cabling and audio-visual solutions over the past 2-3 years. Key comparison points include contract duration, scope of work (e.g., new installations vs. upgrades, complexity of AV systems), geographic location, and the specific agency's size and needs. For example, a one-year contract for comprehensive cabling and AV in a major metropolitan area for a financial regulatory agency might be expected to fall within a certain dollar range. If this $5M award is significantly higher or lower than comparable contracts, it warrants further investigation into the specific requirements, market conditions, and the level of competition that influenced the pricing. Data from contract databases can reveal average per-year costs for similar services.

What are the potential risks associated with the Time and Materials (T&M) pricing structure for this contract?

The primary risk with a Time and Materials (T&M) contract is the potential for cost overruns, as the final price is not fixed and depends on the actual hours worked and materials used. This structure can incentivize contractors to extend project timelines or use more resources than strictly necessary, especially if oversight is not rigorous. For the SEC, this means the final cost could exceed the initial $5,031,098 estimate if not carefully managed. Effective risk mitigation requires strong contract administration, detailed tracking of labor hours and material costs, clear definitions of 'time' and 'materials', and regular performance reviews to ensure efficiency and prevent scope creep or unnecessary expenditures.

How effective is the 'full and open competition' process likely to be in ensuring the SEC receives the best value for taxpayer money in this instance?

Full and open competition is generally considered the most effective method for ensuring the government receives the best value. It allows all responsible sources to compete, fostering a competitive environment that typically drives down prices and encourages innovation. For this $5M IT cabling and AV contract, this means multiple vendors likely submitted proposals, allowing the SEC to select the one offering the best combination of technical capability and price. However, the effectiveness is contingent on the clarity of the solicitation, the number and quality of bidders, and the thoroughness of the evaluation process. If the competition was robust with several strong contenders, it significantly increases the likelihood of a favorable outcome for taxpayers.

What are the implications of this contract being a single award to Vision Technologies, LLC for the SEC's long-term IT infrastructure strategy?

A single award means the SEC is relying on Vision Technologies, LLC for the entirety of the specified IT cabling and AV services for the contract's duration. This can streamline management and foster a strong working relationship. However, it also concentrates risk; if Vision Technologies, LLC underperforms, faces financial difficulties, or is unable to scale, the SEC could face significant disruptions. Long-term, this single award might limit the agency's ability to leverage other specialized vendors or benefit from competitive pricing in subsequent contract periods. The SEC should consider how this contract fits into a broader strategy, potentially including contingency planning or exploring multi-award vehicles for future needs to ensure flexibility and sustained competition.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Other Computer Related Services

Product/Service Code: FIBER OPTIC

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: TIME AND MATERIALS (Y)

Evaluated Preference: NONE

Contractor Details

Address: 6704 CURTIS CT, GLEN BURNIE, MD, 21060

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $5,031,098

Exercised Options: $5,031,098

Current Obligation: $5,031,098

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QTCA25D00CG

IDV Type: FSS

Timeline