Regency Consulting Inc. awarded $3.5M IT contract for Portsmouth Paducah Project Office, highlighting IT services for federal facilities

Contract Overview

Contract Amount: $3,495 ($3.5K)

Contractor: Regency Consulting Inc

Awarding Agency: Department of Energy

Start Date: 2026-04-03

End Date: 2027-04-09

Contract Duration: 371 days

Daily Burn Rate: $9/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: INFORMATION TECHNOLOGY PURCHASE FOR PORTSMOUTH PADUCAH PROJECT OFFICE -DAMEWARE

Place of Performance

Location: LEXINGTON, FAYETTE County, KENTUCKY, 40513

State: Kentucky Government Spending

Plain-Language Summary

Department of Energy obligated $3,495 to REGENCY CONSULTING INC for work described as: INFORMATION TECHNOLOGY PURCHASE FOR PORTSMOUTH PADUCAH PROJECT OFFICE -DAMEWARE Key points: 1. Contract value of $3.5 million for IT services suggests a significant investment in supporting federal project operations. 2. The contract was awarded under full and open competition after exclusion of sources, indicating a competitive bidding process. 3. The fixed-price contract type aims to control costs and provide predictability for the Department of Energy. 4. The duration of the contract, spanning over a year, suggests a need for sustained IT support. 5. The specific NAICS code (541519) points to specialized computer-related services, likely involving system integration or maintenance. 6. The award to Regency Consulting Inc. represents a key vendor in the IT services sector for government contracts.

Value Assessment

Rating: good

The contract value of $3.5 million for IT services appears reasonable for a project of this nature, considering the duration and scope. Benchmarking against similar IT support contracts for federal facilities would provide a more precise value-for-money assessment. The firm fixed-price structure helps mitigate cost overruns, which is a positive indicator for efficient spending. Without specific performance metrics or detailed service breakdowns, a definitive value assessment is challenging, but the initial parameters suggest a fair price for the expected services.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

This contract was awarded under 'full and open competition after exclusion of sources.' This specific procurement method implies that while the competition was intended to be broad, certain sources may have been excluded for justifiable reasons, possibly related to specific technical requirements or prior performance. The fact that it was not a completely unrestricted full and open competition might suggest a limited number of qualified bidders. Further details on the exclusion criteria would clarify the extent of competition.

Taxpayer Impact: The 'exclusion of sources' clause, while potentially justified, could limit the number of competitive bids received, potentially impacting the best possible price for taxpayers. Ensuring the exclusion criteria were robust and necessary is key to maximizing taxpayer value.

Public Impact

The primary beneficiaries are the Department of Energy and the Portsmouth Paducah Project Office, which will receive enhanced IT support. The services delivered will likely include IT infrastructure management, software support, and potentially cybersecurity measures. The geographic impact is focused on Kentucky, where the Portsmouth Paducah Project Office is located. The contract supports the operational efficiency of a federal project, indirectly benefiting the workforce involved in the project's mission.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The IT services sector for government contracts is highly competitive, with numerous firms vying for federal awards. This contract falls within the 'Other Computer Related Services' category, which encompasses a broad range of IT support functions. The market size for federal IT services is substantial, driven by the government's continuous need for modernization and operational support across various agencies. Comparable spending benchmarks for similar IT support contracts within federal agencies often range from hundreds of thousands to millions of dollars, depending on the scope and duration.

Small Business Impact

The data indicates that small business participation (ss: false, sb: false) was not a primary set-aside consideration for this contract. This suggests that the primary focus was on securing the most qualified vendor through a competitive process, rather than specifically targeting small businesses. There is no explicit mention of subcontracting requirements for small businesses, which could limit opportunities for smaller IT firms to participate in this particular award. The impact on the small business ecosystem is neutral to negative in this instance, as opportunities were not specifically directed towards them.

Oversight & Accountability

Oversight for this contract will likely be managed by the Department of Energy's contracting officers and program managers. Accountability measures are embedded in the firm fixed-price contract, requiring the contractor to deliver services within the agreed-upon budget. Transparency is facilitated through federal procurement databases where contract awards are published. Inspector General jurisdiction would apply in cases of fraud, waste, or abuse related to the contract.

Related Government Programs

Risk Flags

Tags

it-services, department-of-energy, firm-fixed-price, full-and-open-competition-after-exclusion-of-sources, information-technology-purchase, project-office-support, regency-consulting-inc, kentucky, other-computer-related-services, delivery-order

Frequently Asked Questions

What is this federal contract paying for?

Department of Energy awarded $3,495 to REGENCY CONSULTING INC. INFORMATION TECHNOLOGY PURCHASE FOR PORTSMOUTH PADUCAH PROJECT OFFICE -DAMEWARE

Who is the contractor on this award?

The obligated recipient is REGENCY CONSULTING INC.

Which agency awarded this contract?

Awarding agency: Department of Energy (Department of Energy).

What is the total obligated amount?

The obligated amount is $3,495.

What is the period of performance?

Start: 2026-04-03. End: 2027-04-09.

What is the track record of Regency Consulting Inc. with federal contracts, particularly within the Department of Energy?

A thorough review of Regency Consulting Inc.'s federal contract history would be necessary to assess their track record. This would involve examining past performance evaluations, any history of contract disputes or terminations, and their experience with similar IT services for federal agencies. Specifically, their prior work with the Department of Energy, if any, would be a key indicator of their suitability for this contract. Data from sources like the Federal Procurement Data System (FPDS) or the Contractor Performance Assessment Reporting System (CPARS) would be crucial for this analysis. Without access to this specific performance data, it's difficult to definitively assess their reliability and past success.

How does the $3.5 million contract value compare to similar IT support contracts for federal project offices?

The $3.5 million contract value for IT services over approximately one year appears to be within a typical range for supporting a federal project office. However, a precise comparison requires benchmarking against contracts with similar scopes of work, durations, and agency types. For instance, IT support for other Department of Energy sites or similar large-scale federal project offices could serve as benchmarks. Factors such as the complexity of the IT environment, the number of users supported, and the specific services required (e.g., network management, cybersecurity, software development) significantly influence contract value. A detailed analysis of historical data for comparable contracts would reveal whether this award represents a particularly high, low, or average investment.

What are the primary risks associated with this IT contract, and how are they being mitigated?

Key risks for this IT contract include potential cost overruns if the scope is not well-defined, performance issues if the contractor fails to meet service level agreements, and cybersecurity vulnerabilities. Mitigation strategies are evident in the contract structure: the firm fixed-price (FFP) nature helps control costs by shifting financial risk to the contractor. The competitive award process suggests a selection of a qualified vendor. However, ongoing risk mitigation would depend on robust contract management, clear performance metrics, regular progress reviews, and proactive cybersecurity protocols implemented by both the agency and the contractor. The 'exclusion of sources' in the competition could also be a risk if it limits the pool of highly capable vendors.

What is the expected effectiveness of the IT services provided under this contract for the Portsmouth Paducah Project Office?

The effectiveness of the IT services will hinge on the contractor's ability to deliver on the specific requirements outlined in the contract statement of work. Assuming the contract is well-defined and Regency Consulting Inc. performs as expected, the services should enhance the operational efficiency, data security, and communication capabilities of the Portsmouth Paducah Project Office. This could translate to smoother project execution, better data management, and improved collaboration among project staff. The firm fixed-price structure incentivizes efficient service delivery. However, actual effectiveness will be measured by the achievement of defined performance metrics and the overall impact on the project's mission objectives.

How has federal spending on IT services for project offices like Portsmouth Paducah evolved over the past five years?

Federal spending on IT services for project offices has generally seen a steady increase over the past five years, driven by the government's push for digital transformation, modernization of legacy systems, and enhanced cybersecurity. Agencies are increasingly relying on external IT support to manage complex infrastructures and implement new technologies. Spending patterns often reflect priorities such as cloud migration, data analytics, and secure network operations. While specific data for 'project offices' can be granular, the overall trend in IT services procurement by agencies like the Department of Energy indicates a growing investment in maintaining and upgrading their technological capabilities to support mission-critical operations.

Industry Classification

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

Product/Service Code: IT AND TELECOM - APLLICATIONS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 372126

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 508 PIERCE ST, SIOUX CITY, IA, 51101

Business Categories: American Indian Owned Business, Category Business, Corporate Entity Not Tax Exempt, HUBZone Firm, Minority Owned Business, Native American Owned Business, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $3,495

Exercised Options: $3,495

Current Obligation: $3,495

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: NNG15SD07B

IDV Type: GWAC

Timeline

Start Date: 2026-04-03

Current End Date: 2027-04-09

Potential End Date: 2027-04-09 00:00:00

Last Modified: 2026-04-03

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