DFC awards $3.7M for ISSO Authorization Support Services to GINIA INC

Contract Overview

Contract Amount: $3,715,498 ($3.7M)

Contractor: Ginia Inc

Awarding Agency: U.S. International Development Finance Corporation

Start Date: 2024-08-19

End Date: 2026-08-18

Contract Duration: 729 days

Daily Burn Rate: $5.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: ISSO AUTHORIZATION SUPPORT SERVICES

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 GINIA INC for work described as: ISSO AUTHORIZATION SUPPORT SERVICES Key points: 1. Contract awarded to GINIA INC for $3.7M. 2. Services are for ISSO Authorization Support. 3. Contract duration is 729 days. 4. Procurement method was Full and Open Competition. 5. The agency is U.S. International Development Finance Corporation.

Value Assessment

Rating: fair

The contract value of $3.7M for ISSO Authorization Support Services appears to be within a reasonable range for specialized IT security support. Benchmarking against similar contracts for authorization services would provide a clearer picture of value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded using Full and Open Competition, indicating a competitive bidding process. This method generally leads to better price discovery and potentially lower costs for the government.

Taxpayer Impact: Taxpayer funds are being used for essential cybersecurity support services to ensure the security of agency systems.

Public Impact

Ensures compliance with cybersecurity standards for government systems. Supports the agency's mission by maintaining secure IT infrastructure. Provides specialized expertise in information security authorization.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of specific performance metrics in provided data.
Potential for cost overruns if scope expands.
Dependence on a single contractor for critical security functions.

Positive Signals

Competitive award process.
Clear service requirement (ISSO Authorization Support).
Defined contract period.

Sector Analysis

This contract falls within the IT services sector, specifically focusing on cybersecurity and system authorization. Spending benchmarks for similar IT support services vary widely based on complexity and duration, but $3.7M over two years for specialized support is not unusual.

Small Business Impact

The provided data does not indicate if small businesses were involved in this procurement, either as prime contractors or subcontractors. Further analysis would be needed to determine small business participation.

Oversight & Accountability

The U.S. International Development Finance Corporation is responsible for overseeing this contract to ensure GINIA INC meets all performance requirements and delivers services effectively. Standard oversight mechanisms should be in place.

Related Government Programs

All Other Publishers
U.S. International Development Finance Corporation Contracting
U.S. International Development Finance Corporation Programs

Risk Flags

Potential for scope creep leading to cost increases.
Dependence on contractor expertise for critical security functions.
Lack of detailed performance metrics in the provided summary.
Need for robust internal oversight to ensure quality and knowledge retention.

Frequently Asked Questions

What is this federal contract paying for?

U.S. International Development Finance Corporation awarded $3.7 million to GINIA INC. ISSO AUTHORIZATION SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is GINIA INC.

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: 2024-08-19. End: 2026-08-18.

What specific deliverables are expected under this ISSO Authorization Support Services contract, and how will their quality be measured?

The specific deliverables would typically include documentation, assessments, and reports related to the Information System Security Officer (ISSO) authorization process. Quality measurement would likely involve adherence to government security frameworks (e.g., NIST), timely submission of required artifacts, and successful completion of security audits or reviews. The contract's statement of work should detail these expectations.

What are the primary risks associated with relying on external support for ISSO authorization, and how are they being mitigated?

Key risks include potential gaps in security knowledge transfer, contractor personnel turnover impacting continuity, and over-reliance on external expertise. Mitigation strategies often involve robust knowledge management processes, clear contract terms regarding personnel qualifications and transition plans, and maintaining internal oversight to validate contractor work and retain institutional knowledge.

How does this contract contribute to the overall cybersecurity posture and mission effectiveness of the U.S. International Development Finance Corporation?

This contract directly supports the agency's ability to achieve and maintain necessary security authorizations for its information systems. By ensuring systems are properly assessed and authorized, it reduces the risk of security breaches, protects sensitive data, and enables the reliable operation of IT services critical to the DFC's mission of promoting development finance.

Industry Classification

NAICS: Information › Newspaper, Periodical, Book, and Directory Publishers › All Other Publishers

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 77344424Q0192

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 5500 CHEROKEE AVE., SUITE 220, ALEXANDRIA, VA, 22312

Business Categories: 8(a) Program Participant, Asian Pacific American Owned Business, Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, Minority Owned Business, Small Business, Small Disadvantaged Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $4,713,477

Exercised Options: $3,715,498

Current Obligation: $3,715,498

Actual Outlays: $2,492,680

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 77344421A0010

IDV Type: BPA

Timeline