GSA awards $11.7M contract to DUN & BRADSTREET for credit bureau services over 5 years

Contract Overview

Contract Amount: $11,738,447 ($11.7M)

Contractor: DUN & Bradstreet, Inc

Awarding Agency: General Services Administration

Start Date: 2003-04-15

End Date: 2008-04-01

Contract Duration: 1,813 days

Daily Burn Rate: $6.5K/day

Competition Type: COMPETITIVE DELIVERY ORDER

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Other

Plain-Language Summary

General Services Administration obligated $11.7 million to DUN & BRADSTREET, INC for work described as: Key points: 1. The contract value is $11.7 million. 2. The service category is Credit Bureaus (NAICS 561450). 3. This was a competitive delivery order. 4. The contract duration was 1813 days. 5. The award was made by the General Services Administration.

Value Assessment

Rating: fair

The contract value of $11.7 million over approximately 5 years suggests a moderate annual spend. Benchmarking against similar contracts for credit bureau services would be necessary to determine if this pricing is competitive.

Cost Per Unit: N/A

Competition Analysis

Competition Level: unknown

The contract was a competitive delivery order, indicating some level of competition. However, the specific details of the competition and how price was discovered are not provided, making a full assessment difficult.

Taxpayer Impact: Taxpayer funds were used for this contract. The efficiency of the spending depends on the value received for the services provided.

Public Impact

Citizens and businesses rely on accurate credit information, making services like these crucial for financial transactions. Government agencies use credit bureau data for various purposes, including background checks and financial risk assessments. The use of competitive processes, even for delivery orders, aims to ensure fair pricing and good value for taxpayer money.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of detailed competition information.
No specific performance metrics provided.

Positive Signals

Competitive delivery order awarded.
Services are essential for government functions.

Sector Analysis

Credit bureau services are a niche but essential part of the professional services sector. Spending in this area is generally driven by government needs for data and risk assessment.

Small Business Impact

The data does not indicate whether small businesses were involved in this contract, either as prime contractors or subcontractors.

Oversight & Accountability

The General Services Administration (GSA) is responsible for overseeing this contract. Standard procurement regulations and oversight mechanisms would apply.

Related Government Programs

Credit Bureaus
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Limited transparency on competition details.
No clear performance metrics available.
Potential for price creep over the contract duration.
Dependence on a single vendor for critical data.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $11.7 million to DUN & BRADSTREET, INC. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is DUN & BRADSTREET, INC.

Which agency awarded this contract?

Awarding agency: General Services Administration (Federal Acquisition Service).

What is the total obligated amount?

The obligated amount is $11.7 million.

What is the period of performance?

Start: 2003-04-15. End: 2008-04-01.

What was the specific scope of services provided under this contract?

The contract was for credit bureau services, likely involving access to credit reports, scores, and related data. The exact scope would detail the types of data, frequency of access, and reporting requirements, which are crucial for understanding the value delivered.

How did the competitive process ensure the best value for the government?

While noted as competitive, the specifics of the bidding process, evaluation criteria, and the number of bidders are unknown. A robust competition would involve multiple qualified vendors submitting proposals, allowing the GSA to select the offer that best balances price and technical merit.

What was the impact of this contract on federal data security and privacy?

Handling sensitive credit information necessitates stringent data security and privacy protocols. The contract should have included clauses addressing compliance with federal data protection regulations to safeguard sensitive information from breaches or misuse.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation Services › Business Support Services › Credit Bureaus

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

Competition & Pricing

Extent Competed: COMPETITIVE DELIVERY ORDER

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Contractor Details

Parent Company: THE DUN & Bradstreet Corporation (UEI: 884114609)

Address: 1700 N MOORE ST STE 1250, ARLINGTON, VA, 22209

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $6,973,470

Exercised Options: $6,973,470

Current Obligation: $11,738,447

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Parent Contract

Parent Award PIID: GS22F9614D

IDV Type: FSS

Timeline