CFPB awards $6.5M for Enterprise Architecture & Governance Support to Accenture Federal Services

Contract Overview

Contract Amount: $6,488,463 ($6.5M)

Contractor: Accenture Federal Services LLC

Awarding Agency: Consumer Financial Protection Bureau

Start Date: 2022-08-08

End Date: 2025-09-29

Contract Duration: 1,148 days

Daily Burn Rate: $5.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: LABOR HOURS

Sector: IT

Official Description: ENTERPRISE ARCHITECTURE AND ENTERPRISE GOVERNANCE SUPPORT SERVICES

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20552

State: District of Columbia Government Spending

Plain-Language Summary

Consumer Financial Protection Bureau obligated $6.5 million to ACCENTURE FEDERAL SERVICES LLC for work described as: ENTERPRISE ARCHITECTURE AND ENTERPRISE GOVERNANCE SUPPORT SERVICES Key points: 1. Contract awarded to a single vendor, Accenture Federal Services. 2. Spending is for Enterprise Architecture and Enterprise Governance Support Services. 3. The contract has a duration of 1148 days. 4. The NAICS code 541512 indicates Computer Systems Design Services. 5. The award was made under full and open competition.

Value Assessment

Rating: fair

The contract value of $6.5M over approximately 3 years suggests a moderate investment. Benchmarking against similar EA/governance support contracts is difficult without more specific service details, but the per-unit cost is not immediately alarming.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, indicating a competitive bidding process. This method generally promotes price discovery and ensures fair market value is sought.

Taxpayer Impact: Taxpayer funds are being used for essential support services to ensure efficient agency operations and IT strategy alignment.

Public Impact

Ensures effective IT strategy and governance within the CFPB. Supports the agency's ability to manage its technology investments. Contributes to the overall efficiency and modernization of CFPB systems.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The IT services sector, particularly consulting and systems design, is a significant area of government spending. Benchmarks for enterprise architecture and governance support can vary widely based on agency size and complexity.

Small Business Impact

This contract was not awarded to small businesses, as indicated by the vendor and the 'sb' field being false. There is no indication of subcontracting opportunities for small businesses in the provided data.

Oversight & Accountability

Oversight would typically involve regular performance reviews by the CFPB contracting officer and program managers to ensure Accenture Federal Services meets the defined requirements and objectives.

Related Government Programs

Risk Flags

Tags

computer-systems-design-services, consumer-financial-protection-bureau, dc, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Consumer Financial Protection Bureau awarded $6.5 million to ACCENTURE FEDERAL SERVICES LLC. ENTERPRISE ARCHITECTURE AND ENTERPRISE GOVERNANCE SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is ACCENTURE FEDERAL SERVICES LLC.

Which agency awarded this contract?

Awarding agency: Consumer Financial Protection Bureau (Consumer Financial Protection Bureau).

What is the total obligated amount?

The obligated amount is $6.5 million.

What is the period of performance?

Start: 2022-08-08. End: 2025-09-29.

What specific deliverables are expected from Accenture Federal Services under this contract?

The provided data does not detail specific deliverables. Typically, EA and governance support contracts include items like architectural roadmaps, policy development, IT investment analysis, risk assessments, and compliance reporting. A thorough review of the contract's Statement of Work (SOW) would be necessary to ascertain the precise outputs and expected outcomes.

How does the $6.5M contract value compare to similar EA/governance support contracts at agencies of similar size?

Without knowing the specific scope and complexity of the CFPB's enterprise architecture and governance needs, a direct comparison is challenging. However, $6.5M over roughly three years for specialized IT support services is within a reasonable range for federal agencies. Benchmarking would require access to detailed SOWs and pricing structures of comparable contracts.

What are the key performance indicators (KPIs) used to measure the effectiveness of this contract?

The provided data does not specify the KPIs for this contract. Effective measurement would likely involve metrics related to the successful implementation of architectural standards, improvements in IT governance processes, alignment of IT investments with strategic goals, and timely delivery of required reports and analyses. The contract's SOW should outline these performance standards.

Industry Classification

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

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 3

Pricing Type: LABOR HOURS (Z)

Evaluated Preference: NONE

Contractor Details

Parent Company: Novetta Solutions, LLC

Address: 800 N GLEBE RD STE 300, ARLINGTON, VA, 22203

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Foreign Owned, Foreign-Owned and U.S.-Incorporated Business, Not Designated a Small Business, Special Designations

Financial Breakdown

Contract Ceiling: $21,661,077

Exercised Options: $7,674,870

Current Obligation: $6,488,463

Actual Outlays: $6,308,596

Subaward Activity

Number of Subawards: 9

Total Subaward Amount: $534,400

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: GS35F540GA

IDV Type: FSS

Timeline

Start Date: 2022-08-08

Current End Date: 2025-09-29

Potential End Date: 2025-09-29 00:00:00

Last Modified: 2025-12-09

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