CFPB Awards $13.5M Facilities Operations Contract to Electronic Metrology Laboratory, LLC

Contract Overview

Contract Amount: $13,465,253 ($13.5M)

Contractor: Electronic Metrology Laboratory, LLC

Awarding Agency: Consumer Financial Protection Bureau

Start Date: 2022-10-03

End Date: 2026-10-25

Contract Duration: 1,483 days

Daily Burn Rate: $9.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: FY2023 NEW FACILITIES OPERATIONS & MAINTENANCE CONTRACT

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 $13.5 million to ELECTRONIC METROLOGY LABORATORY, LLC for work described as: FY2023 NEW FACILITIES OPERATIONS & MAINTENANCE CONTRACT Key points: 1. Contract awarded via full and open competition, suggesting market availability of services. 2. The contract duration of nearly 4 years indicates a significant, long-term need. 3. Electronic Metrology Laboratory, LLC is the sole awardee, but competition was open. 4. The contract is for facilities support services in Washington D.C.

Value Assessment

Rating: fair

The contract value of $13.5M over approximately 4 years averages to $3.375M annually. Benchmarking against similar facilities operations and maintenance contracts is difficult without more specific service details and location-based cost data.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and allows the agency to select the best value.

Taxpayer Impact: Taxpayer funds are being used for essential facilities operations and maintenance, ensuring the functionality of agency infrastructure.

Public Impact

Ensures operational continuity for the Consumer Financial Protection Bureau's facilities. Supports the physical infrastructure necessary for agency operations. Potential for job creation within the facilities management sector.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of specific performance metrics or KPIs in provided data.
Potential for cost overruns if scope expands beyond initial estimates.
Dependence on a single contractor for critical facility operations.

Positive Signals

Awarded through full and open competition.
Contract addresses a core operational need for the agency.
Fixed price contract type can provide cost certainty.

Sector Analysis

This contract falls under facilities support services, a broad category encompassing maintenance, repair, and operational support for buildings and grounds. Spending in this sector can vary significantly based on the size and complexity of the facilities managed.

Small Business Impact

The data does not indicate if small businesses were involved in this contract, either as prime contractors or subcontractors. Further analysis would be needed to determine small business participation.

Oversight & Accountability

Oversight would typically involve contract performance monitoring by the agency to ensure services meet requirements and that the contractor adheres to the contract terms. The fixed-price nature provides some financial oversight.

Related Government Programs

Facilities Support Services
Consumer Financial Protection Bureau Contracting
Consumer Financial Protection Bureau Programs

Risk Flags

Contract duration is long (nearly 4 years).
Sole awardee, despite open competition.
Limited detail on specific services provided.
No clear indication of small business participation.

Frequently Asked Questions

What is this federal contract paying for?

Consumer Financial Protection Bureau awarded $13.5 million to ELECTRONIC METROLOGY LABORATORY, LLC. FY2023 NEW FACILITIES OPERATIONS & MAINTENANCE CONTRACT

Who is the contractor on this award?

The obligated recipient is ELECTRONIC METROLOGY LABORATORY, 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 $13.5 million.

What is the period of performance?

Start: 2022-10-03. End: 2026-10-25.

What specific services are included in 'Facilities Support Services' for this contract?

The provided data lacks specific details on the scope of 'Facilities Support Services.' Typically, this can include janitorial, HVAC maintenance, electrical repairs, plumbing, landscaping, security system maintenance, and minor repairs. A detailed statement of work would clarify the exact services covered under this $13.5 million contract.

How does the awarded price compare to market benchmarks for similar facilities operations contracts in the DC area?

Without a detailed breakdown of services and service levels, direct comparison to market benchmarks is challenging. However, the annual cost of approximately $3.375 million for facilities operations in Washington D.C. appears within a reasonable range for a federal agency's infrastructure needs, assuming a significant facility size and scope of services.

What mechanisms are in place to ensure the effectiveness and efficiency of Electronic Metrology Laboratory, LLC's performance?

Effectiveness and efficiency are typically ensured through contract performance management by the agency's contracting officer's representative (COR). This involves regular reviews, performance assessments against the statement of work, and potentially service level agreements. The firm-fixed-price structure incentivizes the contractor to perform efficiently to maintain profitability.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation Services › Facilities Support Services › Facilities Support Services

Product/Service Code: OPERATION OF GOVT OWNED FACILITY › OPERATE GOVT OWNED BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 9531CB22Q0050

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 998 ELM HILL PIKE, NASHVILLE, TN, 37210

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

Financial Breakdown

Contract Ceiling: $20,739,850

Exercised Options: $16,582,046

Current Obligation: $13,465,253

Actual Outlays: $13,211,102

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS06Q16BQDU105

IDV Type: IDC

Timeline