Department of Education awards $25.4M for Splunk licenses and support to Epoch Concepts LLC

Contract Overview

Contract Amount: $25,356,791 ($25.4M)

Contractor: Epoch Concepts LLC

Awarding Agency: Department of Education

Start Date: 2021-09-24

End Date: 2024-12-31

Contract Duration: 1,194 days

Daily Burn Rate: $21.2K/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: SPLUNK LICENSES AND SUPPORT

Place of Performance

Location: LITTLETON, ARAPAHOE County, COLORADO, 80120

State: Colorado Government Spending

Plain-Language Summary

Department of Education obligated $25.4 million to EPOCH CONCEPTS LLC for work described as: SPLUNK LICENSES AND SUPPORT Key points: 1. The contract is for Splunk software licenses and support services. 2. Epoch Concepts LLC is the sole awardee. 3. The contract spans over three years, ending in December 2024. 4. The NAICS code 541519 indicates 'Other Computer Related Services'.

Value Assessment

Rating: fair

The total award amount is $25.4 million. Benchmarking against similar Splunk contracts is difficult without specific usage details, but the duration and scope suggest a moderate price point.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was awarded under 'Full and Open Competition After Exclusion of Sources,' suggesting a limited competition. This method may not have resulted in the most competitive pricing.

Taxpayer Impact: Taxpayers may have paid more than necessary due to the limited competition in the award process.

Public Impact

Educational institutions rely on data analytics tools like Splunk for operational efficiency. The contract ensures continued access to critical software for the Department of Education. Potential for cost savings if better pricing could have been achieved through broader competition.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The IT sector, particularly software licensing and support, is a significant area of government spending. Benchmarks for similar multi-year software contracts vary widely based on vendor, product, and user volume.

Small Business Impact

The awardee, Epoch Concepts LLC, is not identified as a small business in the provided data. This contract does not appear to have specific provisions for small business participation.

Oversight & Accountability

The contract was awarded under a limited competition framework. Further oversight is needed to ensure the pricing is fair and reasonable given the circumstances.

Related Government Programs

Risk Flags

Tags

other-computer-related-services, department-of-education, co, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Education awarded $25.4 million to EPOCH CONCEPTS LLC. SPLUNK LICENSES AND SUPPORT

Who is the contractor on this award?

The obligated recipient is EPOCH CONCEPTS LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $25.4 million.

What is the period of performance?

Start: 2021-09-24. End: 2024-12-31.

What was the justification for excluding other sources in this 'Full and Open Competition After Exclusion of Sources' award?

The justification for excluding other sources is crucial for understanding the competitive landscape. Without this information, it's difficult to assess if the limited competition was warranted or if it resulted in a suboptimal price for the government. Further investigation into the specific reasons cited for source exclusion is recommended.

How does the per-unit cost of Splunk licenses and support compare to industry benchmarks for similar government agencies?

A detailed comparison of per-unit costs against industry benchmarks is challenging without granular data on the specific Splunk products, user counts, and support levels. However, given the limited competition, it's plausible that the negotiated price might be higher than what could be achieved through a broader, more competitive bidding process.

What is the long-term value proposition of this contract for the Department of Education's mission?

The long-term value lies in the continued availability of Splunk's data analytics capabilities, which are essential for the Department of Education's operations, research, and policy development. Ensuring uninterrupted access to these tools supports the agency's ability to manage and analyze educational data effectively.

Industry Classification

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

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONSIT 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: 91990021Q0060

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1510 W CANAL CT STE 1000, LITTLETON, CO, 80120

Business Categories: Category Business, Limited Liability Corporation, Partnership or Limited Liability Partnership, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $30,208,125

Exercised Options: $25,356,791

Current Obligation: $25,356,791

Actual Outlays: $25,358,035

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: NNG15SD30B

IDV Type: GWAC

Timeline

Start Date: 2021-09-24

Current End Date: 2024-12-31

Potential End Date: 2024-12-31 00:00:00

Last Modified: 2024-09-23

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