DOT Awards $4.3M Contract for Operations Acquisition Division Support to Grey Street Consulting
Contract Overview
Contract Amount: $4,347,334 ($4.3M)
Contractor: Grey Street Consulting, LLC
Awarding Agency: Department of Transportation
Start Date: 2022-09-19
End Date: 2026-09-19
Contract Duration: 1,461 days
Daily Burn Rate: $3.0K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: LABOR HOURS
Sector: Other
Official Description: CONTRACT CLOSEOUT SUPPORT FOR THE OPERATIONS ACQUISITION DIVISION
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20590
Plain-Language Summary
Department of Transportation obligated $4.3 million to GREY STREET CONSULTING, LLC for work described as: CONTRACT CLOSEOUT SUPPORT FOR THE OPERATIONS ACQUISITION DIVISION Key points: 1. Contract value of $4.3M for administrative and management consulting services. 2. Competition was full and open, indicating a competitive bidding process. 3. The contract duration is 4 years, ending in September 2026. 4. Services fall under Administrative Management and General Management Consulting. 5. No small business participation was noted.
Value Assessment
Rating: fair
The contract value of $4.3M for a 4-year duration appears reasonable for specialized consulting services. Benchmarking against similar contracts for administrative management consulting is needed for a definitive assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, suggesting a robust price discovery process. This method typically leads to more competitive pricing as multiple vendors can bid.
Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by securing the best value.
Public Impact
Supports the Federal Transit Administration's operations acquisition division. Provides administrative and general management consulting services. Contract duration extends over four years, ensuring continuity of support.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of small business participation.
- Specific performance metrics and deliverables are not detailed in the provided data.
Positive Signals
- Awarded through full and open competition.
- Clear contract end date provides budget certainty.
Sector Analysis
This contract falls within the professional services sector, specifically management consulting. Spending in this area can vary significantly based on agency needs and project scope. Benchmarking against similar federal consulting contracts is crucial.
Small Business Impact
The contract data indicates no small business participation. Agencies are encouraged to maximize small business utilization, and this contract does not appear to contribute to that goal.
Oversight & Accountability
Oversight will be crucial to ensure Grey Street Consulting delivers on its contractual obligations and provides value for the $4.3M investment. Performance reviews and adherence to contract terms are key.
Related Government Programs
- Administrative Management and General Management Consulting Services
- Department of Transportation Contracting
- Federal Transit Administration Programs
Risk Flags
- Lack of detailed performance metrics.
- No small business participation.
- Potential for cost creep over the 4-year term.
- Limited insight into specific service deliverables.
Tags
administrative-management-and-general-ma, department-of-transportation, dc, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Transportation awarded $4.3 million to GREY STREET CONSULTING, LLC. CONTRACT CLOSEOUT SUPPORT FOR THE OPERATIONS ACQUISITION DIVISION
Who is the contractor on this award?
The obligated recipient is GREY STREET CONSULTING, LLC.
Which agency awarded this contract?
Awarding agency: Department of Transportation (Federal Transit Administration).
What is the total obligated amount?
The obligated amount is $4.3 million.
What is the period of performance?
Start: 2022-09-19. End: 2026-09-19.
What specific management consulting services are being provided, and how do they align with the Federal Transit Administration's strategic goals?
The contract specifies 'Administrative Management and General Management Consulting Services.' While the exact services are not detailed, they likely encompass areas such as process improvement, organizational efficiency, strategic planning support, and acquisition process optimization for the Operations Acquisition Division. Alignment with strategic goals would depend on the specific tasks outlined in the detailed statement of work, which is not provided here.
What is the potential risk associated with the 4-year duration of this contract, and how is it being mitigated?
A 4-year duration carries a risk of vendor lock-in, potential cost escalation over time, and misalignment with evolving agency needs. Mitigation strategies typically include clearly defined performance metrics, regular performance reviews, options for contract modification or termination for convenience, and ensuring the contract allows for flexibility to adapt to changing requirements.
How will the effectiveness of Grey Street Consulting's services be measured to ensure optimal value for taxpayer money?
Effectiveness is typically measured through key performance indicators (KPIs) outlined in the contract's statement of work. These could include metrics related to project completion timelines, cost savings achieved, efficiency improvements implemented, client satisfaction surveys, and adherence to budget. Regular reporting and performance evaluations by the contracting officer's representative are essential.
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
Offers Received: 1
Pricing Type: LABOR HOURS (Z)
Evaluated Preference: NONE
Contractor Details
Address: 7605 RUSTLE RIDGE CT, FAIRFAX STATION, VA, 22039
Business Categories: 8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, Economically Disadvantaged Women Owned Small Business, Hispanic American Owned Business, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business
Financial Breakdown
Contract Ceiling: $4,347,334
Exercised Options: $4,347,334
Current Obligation: $4,347,334
Actual Outlays: $3,386,495
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: 47QRAA21D001W
IDV Type: FSS
Timeline
Start Date: 2022-09-19
Current End Date: 2026-09-19
Potential End Date: 2026-09-20 00:00:00
Last Modified: 2026-01-16
More Contracts from Grey Street Consulting, LLC
- Grants Management Support Services for the Office on the Violence Against Women (OVW) — $6.1M (Department of Justice)
- Human Resource Support Services for Staffing and Classification and Human Capital Management Teams of Corporate Recruitment, Data Analyst, Benefits — $4.5M (Department of Transportation)
- Comprehensive Human Resources Support for Cftc — $4.2M (Commodity Futures Trading Commission)
- Sbir/Sttr Support Services to the Department of Energy (DOE), Small Business Innovation Research (sbir) and Small Business Technology Transfer (sttr) Programs Office — $3.9M (Department of Energy)
Other Department of Transportation Contracts
- Dafis UDO Reconstruct W/O Advance — $3.8B (Lockheed Martin Services, LLC)
- THE Purpose of This Delivery Order Award IS to ADD Funding for FTI Telecommunications Services — $1.9B (Harris Corporation)
- Provide Funding for Clin 302 for Pre-Flight and In-Flight Services. Contract Number Dtfawa-05-C-00031, Lockheed Martin. POP 01/16/08-03/31/08 — $1.9B (Leidos, Inc.)
- Center for Advanced Aviation Development (caasd) Ffrdc Mitre — $1.7B (THE Mitre Corporation)
- Dafis UDO Reconstruct W/O Advance — $1.5B (Harris Corporation)