DFC Awards $5.18M for Oracle EBS Pool B Services to Creoal Consulting LLC

Contract Overview

Contract Amount: $5,180,177 ($5.2M)

Contractor: Creoal Consulting LLC

Awarding Agency: U.S. International Development Finance Corporation

Start Date: 2023-08-07

End Date: 2026-08-31

Contract Duration: 1,120 days

Daily Burn Rate: $4.6K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: APPDEV ORACLE EBS POOL B

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 $5.2 million to CREOAL CONSULTING LLC for work described as: APPDEV ORACLE EBS POOL B Key points: 1. The contract is for Computer Facilities Management Services, specifically supporting Oracle EBS. 2. Creoal Consulting LLC is the awardee under a full and open competition. 3. The contract duration is 1120 days, ending August 31, 2026. 4. The total award value is $5,180,177.10. 5. The NAICS code is 541513 (Computer Facilities Management Services).

Value Assessment

Rating: good

The award value of $5.18M over approximately three years appears reasonable for specialized IT support services. Benchmarking against similar Oracle EBS support contracts would provide a more precise assessment.

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. This method is generally expected to yield fair market prices.

Taxpayer Impact: Taxpayer funds are being used for essential IT infrastructure support, with competition aiming for cost-effectiveness.

Public Impact

Ensures continued operation and maintenance of critical Oracle EBS systems for the DFC. Supports the U.S. International Development Finance Corporation's mission by providing stable IT services. The contract award contributes to the IT services sector and supports a specific vendor.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for vendor lock-in if specialized knowledge is not transferred.
Reliance on a single vendor for critical system support.

Positive Signals

Awarded through full and open competition.
Clear contract duration and defined scope of work.

Sector Analysis

This contract falls within the IT services sector, specifically focusing on enterprise resource planning (ERP) system support. Spending benchmarks for similar IT support contracts vary widely based on system complexity and vendor rates.

Small Business Impact

The awardee, Creoal Consulting LLC, is not indicated as a small business in the provided data. Further analysis would be needed to determine if small business participation was a factor or requirement.

Oversight & Accountability

The contract is managed by the U.S. International Development Finance Corporation. Oversight would involve monitoring performance, adherence to contract terms, and financial accountability.

Related Government Programs

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

Risk Flags

Potential for vendor lock-in.
Reliance on a single vendor for critical system support.
Need for clear performance metrics and oversight.

Frequently Asked Questions

What is this federal contract paying for?

U.S. International Development Finance Corporation awarded $5.2 million to CREOAL CONSULTING LLC. APPDEV ORACLE EBS POOL B

Who is the contractor on this award?

The obligated recipient is CREOAL CONSULTING LLC.

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 $5.2 million.

What is the period of performance?

Start: 2023-08-07. End: 2026-08-31.

What is the specific scope of 'APPDEV ORACLE EBS POOL B' services and how does it align with DFC's strategic IT needs?

The 'APPDEV ORACLE EBS POOL B' likely refers to application development and support services for Oracle's E-Business Suite. This typically includes maintenance, upgrades, customization, and potentially new module development. Alignment with DFC's strategic IT needs would depend on whether Oracle EBS is central to their financial management, program operations, or other core functions. A detailed review of DFC's IT strategy and Oracle EBS utilization is necessary for a complete assessment.

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

Key performance indicators for such a contract often include system uptime, response times for issue resolution, successful completion of development tasks, and adherence to project timelines. Performance measurement would likely involve regular reporting from the contractor, periodic reviews by DFC contracting officers, and potentially user satisfaction surveys. Ensuring value for money requires diligent monitoring of these KPIs against the contract's objectives and pricing.

Are there any potential risks associated with relying on a single vendor for critical Oracle EBS support, and what mitigation strategies are in place?

Risks include vendor lock-in, potential price increases upon contract renewal, and a lack of competitive pressure on service quality. Mitigation strategies could involve robust contract management, clear exit clauses, requirements for knowledge transfer to DFC staff or other vendors, and maintaining market awareness of alternative support options. The 'Pool B' designation might also imply other contracts or vendors are available, reducing sole-source risk.

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

Solicitation ID: 77344423Q0065

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1200 18TH ST NW, WASHINGTON, DC, 20036

Business Categories: Category Business, Limited Liability Corporation, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $8,094,161

Exercised Options: $5,180,177

Current Obligation: $5,180,177

Actual Outlays: $3,228,738

Contract Characteristics

Commercial Item: PRODUCTS OR SERVICES PURSUANT TO FAR 12.102(F)

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: 77344423D0006

IDV Type: IDC

Timeline