DOE's $123M IT Contract Awarded to IT CORP Under Full and Open Competition

Contract Overview

Contract Amount: $123,099,571 ($123.1M)

Contractor: IT Corp

Awarding Agency: Department of Energy

Start Date: 1999-10-15

End Date: 2004-09-30

Contract Duration: 1,812 days

Daily Burn Rate: $67.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 6

Pricing Type: COST PLUS FIXED FEE

Sector: IT

Place of Performance

Location: THE LAKES, CLARK County, NEVADA, 88901

State: Nevada Government Spending

Plain-Language Summary

Department of Energy obligated $123.1 million to IT CORP for work described as: Key points: 1. Significant contract value of $123 million over 5 years. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. The contract type is Cost Plus Fixed Fee (CPFF), which can lead to cost overruns. 4. The sector is Information Technology, a critical area for government operations.

Value Assessment

Rating: fair

The contract value of $123 million over 5 years is substantial. Benchmarking against similar IT contracts is difficult without more specific service details, but the CPFF structure warrants scrutiny for potential cost inefficiencies.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating multiple bidders participated. This method generally promotes price discovery and competitive pricing, though the CPFF structure can mitigate some of these benefits.

Taxpayer Impact: Taxpayer funds were used in a competitive process, aiming for value. However, the CPFF contract type introduces risk of costs exceeding initial estimates.

Public Impact

Ensures IT infrastructure and services for the Department of Energy. Supports government operations through technology solutions. Potential for innovation and efficiency gains in IT services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Information Technology sector, which is crucial for modern government functions. IT spending benchmarks vary widely based on service type, but a $123 million award over five years suggests a comprehensive IT support or development initiative.

Small Business Impact

The data indicates that small business participation was not a specific set-aside or requirement for this contract. This means opportunities for small businesses may have been limited unless they were subcontractors to the prime awardee.

Oversight & Accountability

Oversight would focus on ensuring IT CORP meets performance requirements and manages costs effectively under the CPFF structure. The Department of Energy's contracting office is responsible for monitoring contract execution and compliance.

Related Government Programs

Risk Flags

Tags

department-of-energy, nv, dca, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Energy awarded $123.1 million to IT CORP. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is IT CORP.

Which agency awarded this contract?

Awarding agency: Department of Energy (Department of Energy).

What is the total obligated amount?

The obligated amount is $123.1 million.

What is the period of performance?

Start: 1999-10-15. End: 2004-09-30.

What specific IT services were procured under this contract, and how do they align with the Department of Energy's strategic goals?

The provided data does not specify the exact IT services. However, a contract of this magnitude likely covers a broad range of needs, potentially including infrastructure management, software development, cybersecurity, or IT support. Understanding the specific services is crucial to assess their alignment with DOE's mission and technological modernization efforts.

What were the key performance indicators (KPIs) and how was performance measured to ensure value for money with the CPFF structure?

While the contract type is CPFF, effective oversight should include clearly defined KPIs and performance metrics. The Department of Energy would need to rigorously track IT CORP's progress against these metrics, ensuring deliverables are met on time and within scope. Any deviations or cost increases would require thorough justification and approval.

How did the competitive bidding process under 'full and open competition' influence the final negotiated price and terms for this significant IT contract?

Full and open competition typically drives down prices as multiple vendors vie for the contract. However, the CPFF structure allows for costs to fluctuate. The final price reflects the negotiated fixed fee on top of allowable costs. The competitive aspect likely ensured a reasonable fixed fee and that IT CORP's proposed costs were scrutinized.

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Offers Received: 6

Pricing Type: COST PLUS FIXED FEE (U)

Contractor Details

Business Categories: Category Business, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Contract Characteristics

Multi-Year Contract: Yes

Timeline

Start Date: 1999-10-15

Current End Date: 2004-09-30

Potential End Date: 2004-09-30 00:00:00

Last Modified: 2013-09-27

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