CFTC Awards $3.27M Task Order for Cybersecurity Support to NR Labs LLC

Contract Overview

Contract Amount: $3,266,197 ($3.3M)

Contractor: NR Labs LLC

Awarding Agency: Commodity Futures Trading Commission

Start Date: 2025-05-28

End Date: 2026-05-27

Contract Duration: 364 days

Daily Burn Rate: $9.0K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: LABOR HOURS

Sector: IT

Official Description: TASK ORDER 001: CYBERSECURITY SUPPORT SERVICES

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20581

State: District of Columbia Government Spending

Plain-Language Summary

Commodity Futures Trading Commission obligated $3.3 million to NR LABS LLC for work described as: TASK ORDER 001: CYBERSECURITY SUPPORT SERVICES Key points: 1. NR Labs LLC secured a $3.27M task order for cybersecurity services. 2. The award was made under a full and open competition. 3. The contract duration is one year, ending May 27, 2026. 4. This falls under 'Other Computer Related Services' (NAICS 541519). 5. The contract was awarded via a BPA Call.

Value Assessment

Rating: good

The award amount of $3.27M for one year of cybersecurity support appears reasonable given the scope. Benchmarking against similar IT support contracts suggests competitive pricing.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, indicating a robust price discovery process. The use of a BPA Call suggests pre-negotiated terms, potentially leading to efficiency.

Taxpayer Impact: Taxpayers benefit from competitive pricing achieved through an open bidding process for essential cybersecurity services.

Public Impact

Ensures continued cybersecurity for the Commodity Futures Trading Commission. Supports critical IT infrastructure and data protection. Provides specialized cybersecurity expertise to the agency.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Positive Signals

Full and open competition
Clear contract duration
Awarded to a single entity for specialized services

Sector Analysis

Cybersecurity services are crucial for government agencies to protect sensitive data and systems. Spending in this sector has increased significantly due to rising cyber threats.

Small Business Impact

This contract was not awarded to a small business. Further analysis would be needed to determine if small businesses had adequate opportunity to compete.

Oversight & Accountability

The task order falls under the Commodity Futures Trading Commission's oversight. Standard procurement regulations and agency policies would govern accountability.

Related Government Programs

Other Computer Related Services
Commodity Futures Trading Commission Contracting
Commodity Futures Trading Commission Programs

Risk Flags

No small business set-aside
Potential for vendor lock-in
Reliance on a single provider for critical services

Frequently Asked Questions

What is this federal contract paying for?

Commodity Futures Trading Commission awarded $3.3 million to NR LABS LLC. TASK ORDER 001: CYBERSECURITY SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is NR LABS LLC.

Which agency awarded this contract?

Awarding agency: Commodity Futures Trading Commission (Commodity Futures Trading Commission).

What is the total obligated amount?

The obligated amount is $3.3 million.

What is the period of performance?

Start: 2025-05-28. End: 2026-05-27.

What specific cybersecurity functions will NR Labs LLC provide under this task order?

The task order likely encompasses a range of cybersecurity functions such as threat detection, incident response, vulnerability management, security monitoring, and potentially policy development. Specific details would be found in the Statement of Work (SOW) attached to the BPA Call, outlining the precise deliverables and service requirements.

Are there any potential risks associated with relying on a single vendor for cybersecurity support?

While NR Labs LLC was selected through full and open competition, relying on a single vendor can pose risks such as vendor lock-in, potential price increases in future renewals, and a lack of diverse perspectives on security challenges. Mitigation strategies might include robust performance monitoring and contingency planning.

How does this contract contribute to the CFTC's overall cybersecurity posture and mission effectiveness?

This contract directly supports the CFTC's mission by ensuring the integrity and security of its IT systems and data. By outsourcing specialized cybersecurity functions, the agency can maintain a strong defense against evolving cyber threats, thereby protecting market data and regulatory functions.

Industry Classification

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

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Pricing Type: LABOR HOURS (Z)

Evaluated Preference: NONE

Contractor Details

Address: 1775 TYSONS BLVD FL 5, MC LEAN, VA, 22102

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $16,946,409

Exercised Options: $3,266,197

Current Obligation: $3,266,197

Actual Outlays: $1,179,640

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 9523ZY25A0001

IDV Type: BPA

Timeline