DoD's $12.4M Enterprise Financial Support Services Contract Awarded to Koniag Professional Services
Contract Overview
Contract Amount: $12,447,147 ($12.4M)
Contractor: Koniag Professional Services, LLC
Awarding Agency: Department of Defense
Start Date: 2024-12-28
End Date: 2026-12-27
Contract Duration: 729 days
Daily Burn Rate: $17.1K/day
Competition Type: NOT COMPETED UNDER SAP
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: ENTERPRISE FINANCIAL SUPPORT SERVICES
Place of Performance
Location: ARLINGTON, ARLINGTON County, VIRGINIA, 22202
State: Virginia Government Spending
Plain-Language Summary
Department of Defense obligated $12.4 million to KONIAG PROFESSIONAL SERVICES, LLC for work described as: ENTERPRISE FINANCIAL SUPPORT SERVICES Key points: 1. Contract value of $12.4M for financial support services. 2. Awarded to Koniag Professional Services, LLC. 3. Managed by Washington Headquarters Services under the Department of Defense. 4. Service category is Administrative Management and General Management Consulting Services (NAICS 541611).
Value Assessment
Rating: fair
The contract value of $12.4M for a 2-year period appears reasonable for specialized financial support services. Benchmarking against similar contracts for administrative management consulting is necessary for a definitive assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: limited
The contract was 'NOT COMPETED UNDER SAP', indicating a limited competition approach. This method may not yield the most competitive pricing, as fewer vendors were likely considered.
Taxpayer Impact: The limited competition may result in a higher cost to taxpayers compared to a fully competed contract.
Public Impact
Ensures continuity of essential financial operations within the Department of Defense. Supports administrative management and general management consulting services. Impacts personnel involved in financial management and administrative processes. Potential for improved efficiency in financial reporting and analysis.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Limited competition may lead to suboptimal pricing.
- Lack of small business participation noted.
Positive Signals
- Awarded to a single vendor, potentially streamlining management.
- Firm Fixed Price contract provides cost certainty.
Sector Analysis
This contract falls under professional services, specifically administrative and management consulting. Spending in this sector can vary widely based on agency needs and project scope. Benchmarks for similar services are crucial for evaluating cost-effectiveness.
Small Business Impact
The data indicates that this contract was not awarded to a small business (sb: false). Further analysis is needed to determine if opportunities for small business subcontracting were explored or mandated.
Oversight & Accountability
Oversight will be managed by the Department of Defense through the Washington Headquarters Services. The firm fixed price contract type offers some level of cost control, but monitoring performance and adherence to scope is essential.
Related Government Programs
- Administrative Management and General Management Consulting Services
- Department of Defense Contracting
- Washington Headquarters Services Programs
Risk Flags
- Limited competition may result in higher costs.
- Lack of small business participation.
- Potential for vendor lock-in if services are highly specialized.
- Performance risks associated with a single vendor.
Tags
administrative-management-and-general-ma, department-of-defense, va, definitive-contract, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $12.4 million to KONIAG PROFESSIONAL SERVICES, LLC. ENTERPRISE FINANCIAL SUPPORT SERVICES
Who is the contractor on this award?
The obligated recipient is KONIAG PROFESSIONAL SERVICES, LLC.
Which agency awarded this contract?
Awarding agency: Department of Defense (Washington Headquarters Services).
What is the total obligated amount?
The obligated amount is $12.4 million.
What is the period of performance?
Start: 2024-12-28. End: 2026-12-27.
What specific financial support services are being provided under this contract, and how do they align with DoD's strategic objectives?
The contract covers Administrative Management and General Management Consulting Services (NAICS 541611). These services likely encompass financial planning, budgeting, accounting, financial analysis, and reporting to support the operational and strategic goals of the Department of Defense. The exact scope would detail how these functions contribute to mission readiness and resource management.
What was the justification for limiting competition for this $12.4M contract, and what steps were taken to ensure fair pricing?
The justification for limited competition is not explicitly stated in the provided data ('NOT COMPETED UNDER SAP'). Typically, limited competition is used when only one or a few sources can fulfill the requirement. Steps to ensure fair pricing might include market research, historical price analysis, or negotiation, but without further details, the effectiveness of price discovery is uncertain.
How will the effectiveness of Koniag Professional Services' performance be measured to ensure value for taxpayer money?
Effectiveness will likely be measured through performance metrics defined in the contract's statement of work. The Department of Defense will monitor key performance indicators related to service delivery, timeliness, accuracy, and client satisfaction. Regular performance reviews and adherence to the firm fixed price terms will also contribute to ensuring value.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Management, Scientific, and Technical Consulting Services › Administrative Management and General Management Consulting Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › PROFESSIONAL SERVICES
Competition & Pricing
Extent Competed: NOT COMPETED UNDER SAP
Solicitation Procedures: SIMPLIFIED ACQUISITION
Solicitation ID: HQ003425R0018
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 3800 CENTERPOINT DR STE 700, ANCHORAGE, AK, 99503
Business Categories: 8(a) Program Participant, Alaskan Native Corporation Owned Firm, Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Minority Owned Business, Native American Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $50,537,163
Exercised Options: $19,029,374
Current Obligation: $12,447,147
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Timeline
Start Date: 2024-12-28
Current End Date: 2026-12-27
Potential End Date: 2029-12-27 00:00:00
Last Modified: 2025-12-22
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