CFPB awards $617K for Talent Management Support to Federal Management Partners, LLC
Contract Overview
Contract Amount: $616,981 ($617.0K)
Contractor: Federal Management Partners, LLC
Awarding Agency: Consumer Financial Protection Bureau
Start Date: 2025-03-24
End Date: 2026-09-30
Contract Duration: 555 days
Daily Burn Rate: $1.1K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: LABOR HOURS
Sector: IT
Official Description: SUPPORT FOR TALENT MANAGEMENT PROGRAMS IN THE OFFICE OF HUMAN CAPITAL (OHC) WHICH INCLUDE PERFORMANCE MANAGEMENT, AWARDS AND RECOGNITION, LEARNING AND WORKFORCE PLANNING
Place of Performance
Location: ARLINGTON, ARLINGTON County, VIRGINIA, 22206
State: Virginia Government Spending
Plain-Language Summary
Consumer Financial Protection Bureau obligated $616,980.61 to FEDERAL MANAGEMENT PARTNERS, LLC for work described as: SUPPORT FOR TALENT MANAGEMENT PROGRAMS IN THE OFFICE OF HUMAN CAPITAL (OHC) WHICH INCLUDE PERFORMANCE MANAGEMENT, AWARDS AND RECOGNITION, LEARNING AND WORKFORCE PLANNING Key points: 1. Contract focuses on performance management, awards, recognition, and learning. 2. Federal Management Partners, LLC is the awardee. 3. The contract is for Computer Systems Design Services. 4. Spending is relatively low, suggesting a focused program support role.
Value Assessment
Rating: fair
The award amount of $616,980.61 for a period of approximately 1.5 years appears reasonable for specialized talent management support services. Benchmarking against similar contracts for HR IT support and consulting services would provide a more precise assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, indicating a competitive bidding process. This method generally promotes price discovery and ensures fair market value is obtained.
Taxpayer Impact: The taxpayer impact is minimal given the relatively small contract value, focused on improving internal agency efficiency and employee engagement.
Public Impact
Enhances employee performance and recognition systems. Supports workforce planning and development initiatives. Aims to improve overall human capital management within the CFPB.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for scope creep in talent management programs.
- Reliance on a single vendor for critical HR functions.
Positive Signals
- Focus on improving employee experience.
- Clear objectives for performance and learning.
Sector Analysis
This contract falls within the IT and professional services sector, specifically supporting human capital management. Spending benchmarks for similar HR IT support services vary widely based on scope and duration, but this award appears to be on the lower end for comprehensive program support.
Small Business Impact
The data indicates this contract was not awarded to a small business. There is no information provided on subcontracting opportunities for small businesses.
Oversight & Accountability
The contract is managed by the Consumer Financial Protection Bureau (CFPB), which has established oversight mechanisms for its procurements. The specific oversight for this delivery order would be internal to the agency.
Related Government Programs
- Computer Systems Design Services
- Consumer Financial Protection Bureau Contracting
- Consumer Financial Protection Bureau Programs
Risk Flags
- Vendor lock-in potential
- Measuring program effectiveness
- Ensuring continuous improvement in HR technology
- Data security and privacy of employee information
Tags
computer-systems-design-services, consumer-financial-protection-bureau, va, delivery-order, 100k-plus
Frequently Asked Questions
What is this federal contract paying for?
Consumer Financial Protection Bureau awarded $616,980.61 to FEDERAL MANAGEMENT PARTNERS, LLC. SUPPORT FOR TALENT MANAGEMENT PROGRAMS IN THE OFFICE OF HUMAN CAPITAL (OHC) WHICH INCLUDE PERFORMANCE MANAGEMENT, AWARDS AND RECOGNITION, LEARNING AND WORKFORCE PLANNING
Who is the contractor on this award?
The obligated recipient is FEDERAL MANAGEMENT PARTNERS, 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 $616,980.61.
What is the period of performance?
Start: 2025-03-24. End: 2026-09-30.
What is the expected return on investment for these talent management programs?
The expected return on investment is tied to improved employee performance, reduced turnover, and increased efficiency in HR processes. Quantifying this ROI would require tracking key performance indicators related to employee engagement, productivity, and retention before and after the implementation of these programs.
What are the key performance indicators (KPIs) for this contract?
Specific KPIs are not detailed in the provided data. However, they would likely include metrics related to the effectiveness of performance management systems, employee satisfaction with awards and recognition, and the successful implementation of learning and workforce planning initiatives.
How will the success of these talent management programs be measured?
Success will be measured through a combination of contractor performance evaluations, achievement of defined program objectives, and potentially through employee surveys and feedback mechanisms. The CFPB's Office of Human Capital will be responsible for monitoring progress and ensuring the programs meet their intended goals.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Computer Systems Design 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
Solicitation ID: 9531CB25Q0027
Offers Received: 1
Pricing Type: LABOR HOURS (Z)
Evaluated Preference: NONE
Contractor Details
Address: 2900 S QUINCY ST STE 200, ARLINGTON, VA, 22206
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $3,226,859
Exercised Options: $616,981
Current Obligation: $616,981
Actual Outlays: $123,311
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: GS35F013CA
IDV Type: FSS
Timeline
Start Date: 2025-03-24
Current End Date: 2026-09-30
Potential End Date: 2030-04-30 00:00:00
Last Modified: 2026-04-05
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