NASA awards $2.16M contract for auditor support to CASTRO & COMPANY, LLC

Contract Overview

Contract Amount: $2,161,083 ($2.2M)

Contractor: Castro & Company, LLC

Awarding Agency: National Aeronautics and Space Administration

Start Date: 2021-11-14

End Date: 2026-10-20

Contract Duration: 1,801 days

Daily Burn Rate: $1.2K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 4

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: NASA HQ OFFICE OF PROCUREMENT RESIDENT AUDITOR SUPPORT (CASS) TASK ORDER

Place of Performance

Location: ALEXANDRIA, ALEXANDRIA CITY County, VIRGINIA, 22314

State: Virginia Government Spending

Plain-Language Summary

National Aeronautics and Space Administration obligated $2.2 million to CASTRO & COMPANY, LLC for work described as: NASA HQ OFFICE OF PROCUREMENT RESIDENT AUDITOR SUPPORT (CASS) TASK ORDER Key points: 1. Contract awarded via full and open competition after exclusion of sources. 2. Task order for resident auditor support services. 3. Firm Fixed Price contract type. 4. Duration of 1801 days. 5. No small business participation noted.

Value Assessment

Rating: fair

The contract value of $2.16M over approximately 5 years suggests a moderate annual spend. Benchmarking against similar auditor support contracts would be necessary to fully assess pricing.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES'. This suggests an initial exclusion of some sources, followed by a broader competition. The impact on price discovery depends on the number and competitiveness of the bids received.

Taxpayer Impact: The taxpayer impact is the $2.16M allocated for essential audit support services, aiming for efficient and compliant operations within NASA.

Public Impact

Ensures financial integrity and compliance within NASA. Supports critical auditing functions at NASA HQ. Provides specialized accounting and auditing expertise. Long-term contract ensures continuity of services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within professional, scientific, and technical services, specifically accounting and auditing. The annual spend of approximately $432K is within typical ranges for specialized support services for large federal agencies.

Small Business Impact

The data indicates that this contract was not awarded to a small business (ss: false, sb: false). Further analysis would be needed to determine if small business set-asides were considered or if opportunities were missed.

Oversight & Accountability

The contract is overseen by the NASA HQ OFFICE OF PROCUREMENT RESIDENT AUDITOR SUPPORT. The firm fixed price structure provides a degree of cost accountability, but ongoing performance monitoring is crucial.

Related Government Programs

Risk Flags

Tags

offices-of-certified-public-accountants, national-aeronautics-and-space-administr, va, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

National Aeronautics and Space Administration awarded $2.2 million to CASTRO & COMPANY, LLC. NASA HQ OFFICE OF PROCUREMENT RESIDENT AUDITOR SUPPORT (CASS) TASK ORDER

Who is the contractor on this award?

The obligated recipient is CASTRO & COMPANY, LLC.

Which agency awarded this contract?

Awarding agency: National Aeronautics and Space Administration (National Aeronautics and Space Administration).

What is the total obligated amount?

The obligated amount is $2.2 million.

What is the period of performance?

Start: 2021-11-14. End: 2026-10-20.

What was the rationale for excluding certain sources initially before opening the competition?

The rationale for excluding certain sources prior to opening the competition is not detailed in the provided data. This could be due to specific technical requirements, prior performance, or other factors deemed necessary by the agency. Understanding this exclusion is key to assessing the fairness and effectiveness of the competition process.

How does the awarded price compare to market benchmarks for similar auditor support services?

Without specific market benchmark data for comparable auditor support services at NASA or similar agencies, it's difficult to definitively assess the pricing. The $2.16M over five years averages to roughly $432K annually. A detailed comparison with industry standards and other government contracts for similar scope and complexity is needed.

What is the expected impact of this contract on NASA's overall audit effectiveness?

This contract is expected to enhance NASA's audit effectiveness by providing dedicated resident auditor support. The specialized services from CASTRO & COMPANY, LLC aim to ensure compliance, identify financial risks, and improve internal controls, thereby strengthening the agency's financial management and accountability.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesAccounting, Tax Preparation, Bookkeeping, and Payroll ServicesOffices of Certified Public Accountants

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)MANAGEMENT SUPPORT SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 80NSSC22R0006

Offers Received: 4

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1635 KING ST, ALEXANDRIA, VA, 22314

Business Categories: Category Business, DoT Certified Disadvantaged Business Enterprise, Hispanic American Owned Business, Limited Liability Corporation, Minority Owned Business, Small Business, Sole Proprietorship, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $2,161,083

Exercised Options: $2,161,083

Current Obligation: $2,161,083

Actual Outlays: $1,724,566

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 80NSSC22DA003

IDV Type: IDC

Timeline

Start Date: 2021-11-14

Current End Date: 2026-10-20

Potential End Date: 2026-10-20 00:00:00

Last Modified: 2026-01-20

More Contracts from Castro & Company, LLC

View all Castro & Company, LLC federal contracts →

Other National Aeronautics and Space Administration Contracts

View all National Aeronautics and Space Administration contracts →

Explore Related Government Spending