HHS Awards $94.6M Contract for Fraud Prevention System 2 to Peraton Inc

Contract Overview

Contract Amount: $94,654,486 ($94.7M)

Contractor: Peraton Inc.

Awarding Agency: Department of Health and Human Services

Start Date: 2022-06-15

End Date: 2026-06-14

Contract Duration: 1,460 days

Daily Burn Rate: $64.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: TIME AND MATERIALS

Sector: IT

Official Description: FRAUD PREVENTION SYSTEM 2 (FPS2)

Place of Performance

Location: WINDSOR MILL, BALTIMORE County, MARYLAND, 21244

State: Maryland Government Spending

Plain-Language Summary

Department of Health and Human Services obligated $94.7 million to PERATON INC. for work described as: FRAUD PREVENTION SYSTEM 2 (FPS2) Key points: 1. Contract Value: $94.6 million over 4 years. 2. Contractor: Peraton Inc., a significant player in government IT services. 3. Risk: Potential for cost overruns with Time and Materials pricing. 4. Sector: Health IT, focusing on custom computer programming.

Value Assessment

Rating: fair

The Time and Materials pricing structure presents a risk for cost control. Benchmarking against similar custom programming contracts is difficult without more detailed cost breakdowns.

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. However, the Time and Materials (T&M) pricing may limit price discovery compared to fixed-price contracts.

Taxpayer Impact: Taxpayer funds are being used for a critical system to combat healthcare fraud, aiming for long-term savings.

Public Impact

Enhances Medicare and Medicaid fraud detection capabilities. Supports the Centers for Medicare and Medicaid Services (CMS) mission. Potential for improved efficiency in healthcare program integrity.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Health IT sector, specifically custom computer programming services for government agencies. Spending in this area is substantial, driven by the need for advanced data analytics and system modernization.

Small Business Impact

The contract was awarded to Peraton Inc. and does not indicate any specific set-asides or subcontracting requirements for small businesses in the provided data.

Oversight & Accountability

Oversight will be crucial to manage the Time and Materials contract effectively and ensure the system meets its fraud prevention objectives within budget.

Related Government Programs

Risk Flags

Tags

custom-computer-programming-services, department-of-health-and-human-services, md, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Health and Human Services awarded $94.7 million to PERATON INC.. FRAUD PREVENTION SYSTEM 2 (FPS2)

Who is the contractor on this award?

The obligated recipient is PERATON INC..

Which agency awarded this contract?

Awarding agency: Department of Health and Human Services (Centers for Medicare and Medicaid Services).

What is the total obligated amount?

The obligated amount is $94.7 million.

What is the period of performance?

Start: 2022-06-15. End: 2026-06-14.

What is the projected return on investment for the FPS2 system in terms of fraud reduction?

The provided data does not specify the projected return on investment or quantifiable fraud reduction targets for the FPS2 system. Further analysis would require access to the system's performance metrics and the agency's fraud loss estimates.

How does Peraton Inc.'s past performance on similar contracts influence the risk assessment for FPS2?

Past performance data for Peraton Inc. on similar government contracts is not included here. A comprehensive risk assessment would necessitate reviewing their track record, particularly regarding cost control and delivery timelines on complex IT projects.

Are there specific performance metrics or KPIs tied to this contract to measure its effectiveness?

The data does not detail specific performance metrics or Key Performance Indicators (KPIs) for the FPS2 contract. Effective oversight would require clearly defined metrics to ensure the system is achieving its intended fraud prevention goals.

Industry Classification

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

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 3

Pricing Type: TIME AND MATERIALS (Y)

Evaluated Preference: NONE

Contractor Details

Address: 12975 WORLDGATE DR, HERNDON, VA, 20170

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

Financial Breakdown

Contract Ceiling: $117,327,112

Exercised Options: $94,654,486

Current Obligation: $94,654,486

Actual Outlays: $81,898,421

Subaward Activity

Number of Subawards: 27

Total Subaward Amount: $36,837,503

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: GS35F694GA

IDV Type: FSS

Timeline

Start Date: 2022-06-15

Current End Date: 2026-06-14

Potential End Date: 2027-06-14 00:00:00

Last Modified: 2025-09-16

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