DOE awards $3.6M contract for acquisition support to ABACO STRATEGY, LLC
Contract Overview
Contract Amount: $3,589,827 ($3.6M)
Contractor: Abaco Strategy, LLC
Awarding Agency: Department of Energy
Start Date: 2023-03-30
End Date: 2027-03-29
Contract Duration: 1,460 days
Daily Burn Rate: $2.5K/day
Competition Type: NOT COMPETED UNDER SAP
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: ASD ACQUISITION OPERATIONS & ACQUISITION SUPPORT SERVICES
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20426
Plain-Language Summary
Department of Energy obligated $3.6 million to ABACO STRATEGY, LLC for work described as: ASD ACQUISITION OPERATIONS & ACQUISITION SUPPORT SERVICES Key points: 1. Contract awarded for administrative management and general management consulting services. 2. ABACO STRATEGY, LLC is the sole awardee. 3. The contract has a duration of 1460 days. 4. The contract is Firm Fixed Price. 5. The awardee is not a small business.
Value Assessment
Rating: questionable
The contract value is $3.6M over four years. Without comparable contract data or a detailed breakdown of services, it's difficult to assess if this pricing is competitive or represents good value.
Cost Per Unit: N/A
Competition Analysis
Competition Level: limited
The contract was not competed under Simplified Acquisition Procedures (SAP), suggesting it may have been a limited competition or sole-source award. This limits price discovery and potentially increases costs.
Taxpayer Impact: The lack of robust competition may lead to higher costs for taxpayers compared to a fully competed contract.
Public Impact
Supports critical acquisition operations within the Federal Energy Regulatory Commission. Ensures continuity of essential management consulting services. Potential for increased costs due to limited competition.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Limited competition
- Lack of transparency in award process
- Potential for overpayment due to limited price discovery
Positive Signals
- Provides essential acquisition support services
- Long-term contract provides stability
Sector Analysis
This contract falls under administrative management and general management consulting services. Benchmarks for this sector vary widely based on the specific services provided and the agency.
Small Business Impact
The awardee, ABACO STRATEGY, LLC, is not listed as a small business. This contract did not include provisions for small business participation.
Oversight & Accountability
Oversight of this contract will be managed by the Federal Energy Regulatory Commission. The 'NOT COMPETED UNDER SAP' designation warrants further scrutiny regarding the justification for limited competition.
Related Government Programs
- Administrative Management and General Management Consulting Services
- Department of Energy Contracting
- Federal Energy Regulatory Commission Programs
Risk Flags
- Limited competition raises concerns about price fairness.
- Lack of small business participation.
- Potential for cost overruns if not closely managed.
- Need for clear performance metrics and oversight.
Tags
administrative-management-and-general-ma, department-of-energy, dc, definitive-contract, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Energy awarded $3.6 million to ABACO STRATEGY, LLC. ASD ACQUISITION OPERATIONS & ACQUISITION SUPPORT SERVICES
Who is the contractor on this award?
The obligated recipient is ABACO STRATEGY, LLC.
Which agency awarded this contract?
Awarding agency: Department of Energy (Federal Energy Regulatory Commission).
What is the total obligated amount?
The obligated amount is $3.6 million.
What is the period of performance?
Start: 2023-03-30. End: 2027-03-29.
What was the specific justification for not competing this contract more broadly, given its significant value?
The data indicates the contract was 'NOT COMPETED UNDER SAP,' which typically implies a limited competition or sole-source award. A thorough review would require access to the contract file to understand the specific justification, such as unique capabilities, urgent need, or existing contract vehicles that restricted broader competition.
How does the per-unit cost of these consulting services compare to industry benchmarks or similar government contracts?
Without a detailed breakdown of the services provided and their associated costs, a direct per-unit cost comparison is not possible. The total contract value of $3.6M over four years for administrative and management consulting is substantial, and without further data, it's difficult to ascertain if it represents a fair and reasonable price.
What is the expected impact of these acquisition support services on the efficiency and effectiveness of the Federal Energy Regulatory Commission's operations?
The contract aims to provide operational and acquisition support, suggesting it is intended to enhance the efficiency and effectiveness of FERC's processes. However, the actual impact will depend on the quality of services delivered by ABACO STRATEGY, LLC and how well these services align with FERC's specific needs and strategic goals.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Management, Scientific, and Technical Consulting Services › Administrative Management and General Management Consulting Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › PROFESSIONAL SERVICES
Competition & Pricing
Extent Competed: NOT COMPETED UNDER SAP
Solicitation Procedures: SIMPLIFIED ACQUISITION
Solicitation ID: 89603023Q0018
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 107 HARRISON ST NE, LEESBURG, VA, 20176
Business Categories: 8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, Economically Disadvantaged Women Owned Small Business, Hispanic American Owned Business, HUBZone Firm, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business
Financial Breakdown
Contract Ceiling: $4,889,624
Exercised Options: $3,589,827
Current Obligation: $3,589,827
Actual Outlays: $2,100,916
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Timeline
Start Date: 2023-03-30
Current End Date: 2027-03-29
Potential End Date: 2028-03-29 00:00:00
Last Modified: 2026-02-02
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