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

Positive Signals

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

Risk Flags

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 ServicesManagement, Scientific, and Technical Consulting ServicesAdministrative 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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