Ex-Im Bank Awards $141M for FMS NG OM&E to Deloitte Consulting, Full and Open Competition

Contract Overview

Contract Amount: $14,121,152 ($14.1M)

Contractor: Deloitte Consulting LLP

Awarding Agency: Export-Import Bank of the United States

Start Date: 2021-01-29

End Date: 2026-08-16

Contract Duration: 2,025 days

Daily Burn Rate: $7.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 4

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: FMS NG OM&E

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 $14.1 million to DELOITTE CONSULTING LLP for work described as: FMS NG OM&E Key points: 1. Significant contract value of $141.2M awarded. 2. Deloitte Consulting LLP is the primary awardee. 3. Full and open competition was utilized. 4. Contract covers Computer Systems Design Services.

Value Assessment

Rating: good

The contract value of $141.2M over its period of performance appears reasonable for comprehensive IT operations and maintenance services. Benchmarking against similar large-scale IT service contracts would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The use of full and open competition suggests a robust price discovery process. This method allows multiple vendors to bid, driving competitive pricing and potentially better value for the government.

Taxpayer Impact: The competitive nature of this award is expected to yield favorable pricing, maximizing taxpayer value for essential IT services.

Public Impact

Ensures continuity of critical IT systems for the Export-Import Bank. Supports the operational efficiency of a key government financial institution. Potential for innovation and improved service delivery through competition.

Waste & Efficiency Indicators

Waste Risk Score: 69 / 10

Warning Flags

Contract duration extends to August 2026, requiring ongoing monitoring.
Potential for vendor lock-in if not managed carefully.
Reliance on a single prime contractor for critical services.

Positive Signals

Full and open competition promotes best value.
Clear contract scope for FMS NG OM&E.
Firm Fixed Price contract provides cost certainty.

Sector Analysis

This contract falls within the IT services sector, specifically Computer Systems Design Services. Spending in this area is substantial across government, with benchmarks varying based on service scope and complexity.

Small Business Impact

The data indicates the prime awardee is Deloitte Consulting LLP, a large business. There is no explicit mention of small business participation in this specific award, which warrants further investigation.

Oversight & Accountability

The Export-Import Bank of the United States is responsible for oversight. The use of full and open competition and a firm fixed price contract are positive indicators for accountability.

Related Government Programs

Computer Systems Design Services
Export-Import Bank of the United States Contracting
Export-Import Bank of the United States Programs

Risk Flags

Potential for cost overruns if scope creep occurs.
Dependence on a single large contractor.
Lack of explicit small business subcontracting goals.
Long contract duration requires sustained oversight.

Frequently Asked Questions

What is this federal contract paying for?

Export-Import Bank of the United States awarded $14.1 million to DELOITTE CONSULTING LLP. FMS NG OM&E

Who is the contractor on this award?

The obligated recipient is DELOITTE CONSULTING LLP.

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 $14.1 million.

What is the period of performance?

Start: 2021-01-29. End: 2026-08-16.

What specific IT systems are covered under FMS NG OM&E, and how critical are they to the Ex-Im Bank's mission?

FMS NG OM&E likely refers to Foreign Military Sales Next Generation Operations, Maintenance & Engineering. These systems are crucial for managing international trade finance operations, export credit insurance, and loan guarantees, directly supporting the Ex-Im Bank's mandate to facilitate U.S. exports.

What were the key evaluation criteria used in the full and open competition, and how did they balance technical merit against price?

While specific criteria are not detailed, typical evaluations for such contracts balance technical approach, past performance, management capability, and price. The agency likely sought a solution that offered the best overall value, considering both technical excellence and cost-effectiveness to ensure mission success and responsible stewardship of funds.

How will the Ex-Im Bank ensure ongoing cost-effectiveness and performance improvements throughout the contract's duration?

The agency will likely employ robust contract management, including regular performance reviews, service level agreement monitoring, and potentially incentive structures. Periodic market research and competitive re-solicitation strategies can also be used to ensure continued value and encourage innovation from the contractor.

Industry Classification

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

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 4

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Deloitte Financial Advisory Services LLP

Address: 1919 N LYNN ST, ARLINGTON, VA, 22209

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

Financial Breakdown

Contract Ceiling: $14,288,213

Exercised Options: $14,121,152

Current Obligation: $14,121,152

Actual Outlays: $10,660,835

Subaward Activity

Number of Subawards: 1

Total Subaward Amount: $2,161,880

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: GS35F0617Y

IDV Type: FSS

Timeline