TEKSYNAP CORPORATION Awarded $3.69M for IT Operations by U.S. International Development Finance Corporation

Contract Overview

Contract Amount: $3,692,973 ($3.7M)

Contractor: Teksynap Corporation

Awarding Agency: U.S. International Development Finance Corporation

Start Date: 2023-05-03

End Date: 2026-07-06

Contract Duration: 1,160 days

Daily Burn Rate: $3.2K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: LABOR HOURS

Sector: IT

Official Description: POOL A IT OPERATIONS

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20527

State: District of Columbia Government Spending

Plain-Language Summary

U.S. International Development Finance Corporation obligated $3.7 million to TEKSYNAP CORPORATION for work described as: POOL A IT OPERATIONS Key points: 1. Contract awarded to TEKSYNAP CORPORATION for IT Operations. 2. Value of the contract is $3.69 million. 3. The contract was awarded under full and open competition. 4. Services include Computer Facilities Management. 5. Contract duration is approximately 3 years.

Value Assessment

Rating: fair

The contract value of $3.69 million for IT Operations over three years appears reasonable. However, without specific details on the scope of services and deliverables, a precise pricing assessment against similar contracts is difficult. Benchmarking would require more granular data on the specific IT management services provided.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, indicating a robust price discovery process. This method allows multiple vendors to bid, generally leading to more competitive pricing and better value for the government.

Taxpayer Impact: The use of full and open competition suggests that taxpayers are likely receiving a fair price for the IT operations services rendered.

Public Impact

Ensures continued IT operations for the U.S. International Development Finance Corporation. Supports critical government functions through reliable technology infrastructure. Potential for job creation within the IT sector. Impact on the efficiency and effectiveness of the agency's mission.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of detailed service scope for precise value assessment.
Potential for vendor lock-in if not managed carefully.
Dependence on a single vendor for critical IT infrastructure.

Positive Signals

Awarded through full and open competition.
Clear contract duration and start/end dates.
Supports a government agency's operational needs.

Sector Analysis

The IT sector, particularly Computer Facilities Management Services, is a critical component of government operations. Spending benchmarks for such services vary widely based on the complexity and scale of the IT infrastructure managed. This contract appears to be a standard service delivery order within this domain.

Small Business Impact

The data does not indicate whether small businesses were involved as subcontractors or partners in this contract. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

The contract is managed by the U.S. International Development Finance Corporation. Standard oversight mechanisms for contract performance and financial accountability are expected to be in place. The duration and value suggest a need for ongoing monitoring.

Related Government Programs

Computer Facilities Management Services
U.S. International Development Finance Corporation Contracting
U.S. International Development Finance Corporation Programs

Risk Flags

Lack of detailed service scope.
No information on small business participation.
Absence of specific performance metrics.
Potential for vendor dependency.
Limited insight into competitive bid range.

Frequently Asked Questions

What is this federal contract paying for?

U.S. International Development Finance Corporation awarded $3.7 million to TEKSYNAP CORPORATION. POOL A IT OPERATIONS

Who is the contractor on this award?

The obligated recipient is TEKSYNAP CORPORATION.

Which agency awarded this contract?

Awarding agency: U.S. International Development Finance Corporation (U.S. International Development Finance Corporation).

What is the total obligated amount?

The obligated amount is $3.7 million.

What is the period of performance?

Start: 2023-05-03. End: 2026-07-06.

What specific IT facilities management services are included in this contract, and how do they align with the agency's strategic IT goals?

The contract specifies 'Computer Facilities Management Services' (NAICS 541513). This typically encompasses managing and maintaining IT infrastructure, including servers, networks, data centers, and related hardware/software. To assess alignment with strategic goals, details on service level agreements (SLAs), performance metrics, and how these services support the DFC's mission objectives would be required. Without this, it's a general IT support contract.

What are the key performance indicators (KPIs) for TEKSYNAP CORPORATION under this contract, and how will performance be measured to ensure value for money?

Key performance indicators are crucial for measuring the effectiveness of IT facilities management. While not detailed in the provided data, typical KPIs would include system uptime, response times for issue resolution, security compliance rates, and successful implementation of upgrades. The U.S. International Development Finance Corporation should have established metrics and regular performance reviews to ensure TEKSYNAP CORPORATION meets its contractual obligations and delivers value.

Given the full and open competition, what was the range of bids received, and how did TEKSYNAP CORPORATION's proposal stand out to justify the award?

The fact that the contract was awarded under full and open competition suggests that multiple bids were likely received, fostering a competitive pricing environment. To understand the value proposition, details on the bid range and the specific technical and cost factors that led to TEKSYNAP CORPORATION's selection would be necessary. This information would clarify how the agency determined the best overall value, not just the lowest price.

Industry Classification

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

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS › IT AND TELECOM - IT MANAGEMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Pricing Type: LABOR HOURS (Z)

Evaluated Preference: NONE

Contractor Details

Address: 1900 ORACLE WAY, RESTON, VA, 20190

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Not Designated a Small Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, Indian (Subcontinent) American Owned Business, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $5,481,274

Exercised Options: $3,874,125

Current Obligation: $3,692,973

Actual Outlays: $2,560,729

Subaward Activity

Number of Subawards: 1

Total Subaward Amount: $168,504

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NOT OBTAINED - WAIVED

Parent Contract

Parent Award PIID: 77344423D0015

IDV Type: IDC

Timeline