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

State: District of Columbia Government Spending

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

Positive Signals

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

Risk Flags

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 ServicesManagement, Scientific, and Technical Consulting ServicesAdministrative 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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