Ex-Im Bank Awards $4.5M for Engineering Services to Miracle Systems LLC Under Full and Open Competition

Contract Overview

Contract Amount: $4,547,023 ($4.5M)

Contractor: Miracle Systems LLC

Awarding Agency: Export-Import Bank of the United States

Start Date: 2018-04-10

End Date: 2023-10-25

Contract Duration: 2,024 days

Daily Burn Rate: $2.2K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: CONTRACT SUPPORT SERVICES

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20571

State: District of Columbia Government Spending

Plain-Language Summary

Export-Import Bank of the United States obligated $4.5 million to MIRACLE SYSTEMS LLC for work described as: CONTRACT SUPPORT SERVICES Key points: 1. Spending on engineering services totals $4.5M over 5 years. 2. Miracle Systems LLC is the sole awardee. 3. Competition method was 'Full and Open Competition After Exclusion of Sources', suggesting a specific justification. 4. The contract type is Firm Fixed Price, providing cost certainty. 5. The sector is primarily IT/Engineering Services.

Value Assessment

Rating: fair

The contract value of $4.5M for engineering services over 5 years appears moderate. Benchmarking against similar engineering service contracts would be necessary to definitively assess value, but the firm-fixed-price structure offers some cost control.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The competition method 'Full and Open Competition After Exclusion of Sources' indicates that while the process aimed for broad participation, specific criteria or circumstances led to excluding certain potential bidders. This could impact price discovery if the pool of competitors was significantly narrowed.

Taxpayer Impact: The impact on taxpayers is neutral to slightly negative if the exclusion of sources limited competitive pressure, potentially leading to a higher price than under unrestricted full and open competition.

Public Impact

Taxpayers are funding engineering services essential for the Export-Import Bank's operations. The contract supports a private company, Miracle Systems LLC. The duration of the contract (5 years) indicates a long-term need for these services. The specific nature of 'Engineering Services' suggests support for infrastructure, technology, or operational improvements.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Competition method requires further scrutiny.
Lack of small business participation noted.
No specific performance metrics provided.

Positive Signals

Firm Fixed Price contract type.
Long contract duration suggests stable demand.
Awarded by a federal agency (Export-Import Bank).

Sector Analysis

This contract falls within the professional, scientific, and technical services sector, specifically engineering services (NAICS 541330). Spending in this area is common across government agencies for specialized expertise. Benchmarks for similar contracts would typically vary based on the complexity and duration of the engineering tasks.

Small Business Impact

The data indicates that small business participation was not a factor in this contract award (ss=false, sb=false). This suggests the contract was either too large or specialized for small business capabilities, or that opportunities for subcontracting were not pursued or mandated.

Oversight & Accountability

The Export-Import Bank of the United States is responsible for overseeing this contract. Standard procurement regulations and agency-specific oversight mechanisms would apply to ensure performance and proper use of funds. The 'Delivery Order' nature suggests it's part of a larger indefinite-delivery contract.

Related Government Programs

Engineering Services
Export-Import Bank of the United States Contracting
Export-Import Bank of the United States Programs

Risk Flags

Competition method warrants further investigation.
No small business participation.
Potential for limited price discovery due to source exclusion.
Lack of specific performance details.
Contract duration is substantial (over 5 years).

Frequently Asked Questions

What is this federal contract paying for?

Export-Import Bank of the United States awarded $4.5 million to MIRACLE SYSTEMS LLC. CONTRACT SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is MIRACLE SYSTEMS LLC.

Which agency awarded this contract?

Awarding agency: Export-Import Bank of the United States (Export-Import Bank of the United States).

What is the total obligated amount?

The obligated amount is $4.5 million.

What is the period of performance?

Start: 2018-04-10. End: 2023-10-25.

What specific engineering services were procured, and how do they align with the Export-Import Bank's mission?

The contract is for general 'Engineering Services' (NAICS 541330). Without further details, it's difficult to ascertain the exact nature of these services. They could range from technical consulting on export financing projects, internal IT infrastructure engineering, or facility management. Understanding the specific application is key to evaluating their necessity and alignment with the Ex-Im Bank's mandate of supporting U.S. exports.

What factors led to the 'Full and Open Competition After Exclusion of Sources' method, and what was the impact on pricing?

This procurement method implies that while the solicitation was open to all responsible sources, certain entities were excluded based on specific criteria, possibly related to security, specialized expertise, or prior performance issues. The impact on pricing is uncertain; it could lead to higher prices if the exclusion significantly limited the competitive field, or it might ensure that only highly qualified vendors participated, potentially justifying a higher cost for specialized services.

Given the 5-year duration and $4.5M value, what is the estimated annual spending, and how does it compare to typical agency budgets for similar services?

The contract spans from April 10, 2018, to October 25, 2023, totaling approximately 5.5 years. The total award value is $4,547,023.21. This averages to roughly $826,731 per year. Comparing this to typical agency budgets for engineering services requires detailed benchmarking against agencies of similar size and mission, but this annual figure appears moderate for specialized federal contracting needs.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Architectural, Engineering, and Related Services › Engineering Services

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: 83310118Q0031

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1621 N KENT STREET SUITE 1000, ARLINGTON, VA, 22209

Business Categories: 8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Indian (Subcontinent) American Owned Business, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $4,547,023

Exercised Options: $4,547,023

Current Obligation: $4,547,023

Actual Outlays: $2,065,913

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS00Q14OADS128

IDV Type: IDC

Timeline