MCC awards $754K contract to Mindseeker, Inc. for Other Computer Related Services

Contract Overview

Contract Amount: $754,096 ($754.1K)

Contractor: Mindseeker, Inc.

Awarding Agency: Millennium Challenge Corporation

Start Date: 2024-04-17

End Date: 2027-04-07

Contract Duration: 1,085 days

Daily Burn Rate: $695/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Pricing Type: TIME AND MATERIALS

Sector: IT

Official Description: SUBJECT MATTER EXPERT I: PROGRAM FINANCIAL SERVICES DIRECTOR

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20005

State: District of Columbia Government Spending

Plain-Language Summary

Millennium Challenge Corporation obligated $754,096.4 to MINDSEEKER, INC. for work described as: SUBJECT MATTER EXPERT I: PROGRAM FINANCIAL SERVICES DIRECTOR Key points: 1. Contract awarded to a single vendor, Mindseeker, Inc. 2. The contract is for 'Other Computer Related Services' under NAICS code 541519. 3. The contract duration is 1085 days, ending in April 2027. 4. This is a Time and Materials contract, which can pose cost control challenges.

Value Assessment

Rating: fair

The contract's Time and Materials pricing structure requires careful monitoring to ensure costs remain reasonable compared to similar service contracts. Without a fixed price, the final cost is dependent on actual labor hours and material usage.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES,' indicating a limited competition. This method may not yield the most competitive pricing due to restricted vendor participation.

Taxpayer Impact: The limited competition and Time and Materials pricing structure could lead to higher costs for taxpayers if not managed effectively.

Public Impact

Citizens may see services related to computer systems and IT support being procured. The use of a Time and Materials contract could lead to cost overruns if not closely managed. The specific nature of 'Other Computer Related Services' is broad and may encompass various IT support functions.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The IT services sector is highly competitive, but the specific 'Other Computer Related Services' category can be niche. Benchmarks for Time and Materials contracts in this area vary widely based on skill sets and project scope.

Small Business Impact

The contract does not indicate any specific set-asides for small businesses, suggesting larger firms or those with existing relationships may have been favored in this procurement.

Oversight & Accountability

Oversight will be crucial to manage the Time and Materials aspect, ensuring that hours billed and materials used are necessary and reasonable for the services rendered.

Related Government Programs

Risk Flags

Tags

other-computer-related-services, millennium-challenge-corporation, dc, delivery-order, 100k-plus

Frequently Asked Questions

What is this federal contract paying for?

Millennium Challenge Corporation awarded $754,096.4 to MINDSEEKER, INC.. SUBJECT MATTER EXPERT I: PROGRAM FINANCIAL SERVICES DIRECTOR

Who is the contractor on this award?

The obligated recipient is MINDSEEKER, INC..

Which agency awarded this contract?

Awarding agency: Millennium Challenge Corporation (Millennium Challenge Corporation).

What is the total obligated amount?

The obligated amount is $754,096.4.

What is the period of performance?

Start: 2024-04-17. End: 2027-04-07.

What specific services fall under 'Other Computer Related Services' for this contract?

The specific services are not detailed in the provided data. Typically, this category can include a wide range of IT support, consulting, or specialized technical services that don't fit neatly into other NAICS codes. Further clarification from the Millennium Challenge Corporation would be needed to understand the exact scope of work.

What is the potential cost risk associated with a Time and Materials contract of this duration?

Time and Materials contracts carry inherent cost risks as the final price is not fixed. For a contract spanning over 1000 days, the potential for cost escalation due to labor rate increases, unforeseen material needs, or extended project timelines is significant. Robust oversight and clear task orders are essential to mitigate these risks.

How effective is 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES' in ensuring value for money?

This method aims for full and open competition but allows for exclusion of specific sources, which can limit the pool of potential bidders. While it can be effective in specific circumstances, it generally offers less competitive pressure than true full and open competition, potentially impacting the value for money achieved for taxpayers.

Industry Classification

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

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Pricing Type: TIME AND MATERIALS (Y)

Evaluated Preference: NONE

Contractor Details

Address: 20130 LAKEVIEW CENTER PLZ, ASHBURN, VA, 20147

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

Financial Breakdown

Contract Ceiling: $775,107

Exercised Options: $775,107

Current Obligation: $754,096

Actual Outlays: $366,263

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 95332424D0001

IDV Type: IDC

Timeline

Start Date: 2024-04-17

Current End Date: 2027-04-07

Potential End Date: 2027-04-07 00:00:00

Last Modified: 2026-04-07

Other Millennium Challenge Corporation Contracts

View all Millennium Challenge Corporation contracts →

Explore Related Government Spending