DoD's $24.8M Contract for Business Activity Monitoring Services Awarded to IMMIXTECHNOLOGY INC
Contract Overview
Contract Amount: $24,817,800 ($24.8M)
Contractor: Immixtechnology Inc
Awarding Agency: Department of Defense
Start Date: 2012-03-01
End Date: 2015-04-30
Contract Duration: 1,155 days
Daily Burn Rate: $21.5K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 5
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: BUSINESS ACTIVITY MONITORING SERVICES INCLUDING IDENTIFICATION OF IMPROPER PAYMENTS AND RECONCILIATION OF FUNDS BALANCE WITH TREASURY ACCOUNTS.
Place of Performance
Location: MCLEAN, FAIRFAX County, VIRGINIA, 22102
State: Virginia Government Spending
Plain-Language Summary
Department of Defense obligated $24.8 million to IMMIXTECHNOLOGY INC for work described as: BUSINESS ACTIVITY MONITORING SERVICES INCLUDING IDENTIFICATION OF IMPROPER PAYMENTS AND RECONCILIATION OF FUNDS BALANCE WITH TREASURY ACCOUNTS. Key points: 1. The contract focuses on critical financial functions like improper payment identification and fund reconciliation. 2. Competition was full and open, suggesting a potentially competitive pricing environment. 3. The award was a delivery order under a larger contract, indicating a phased approach to service acquisition. 4. The North American Industry Classification System (NAICS) code 541519 covers 'Other Computer Related Services', a broad category.
Value Assessment
Rating: fair
The total award amount is $24.8 million. Without specific per-unit cost data or benchmarks for similar business activity monitoring services, a precise value assessment is difficult. However, the duration of the contract (1155 days) suggests a substantial investment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, which typically allows for a wide range of potential bidders. This method is designed to foster price discovery and ensure the government receives competitive pricing.
Taxpayer Impact: The use of full and open competition aims to maximize taxpayer value by ensuring services are procured at the most advantageous prices.
Public Impact
Ensures financial integrity by monitoring business activities and identifying improper payments. Reconciles fund balances with Treasury accounts, contributing to accurate government financial reporting. Supports the Department of Defense's financial management operations. The services provided are essential for maintaining accountability in government spending.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of specific performance metrics or KPIs.
- Potential for scope creep in 'Other Computer Related Services'.
- Limited visibility into the effectiveness of payment identification.
Positive Signals
- Full and open competition utilized.
- Firm Fixed Price contract type.
- Focus on critical financial oversight functions.
Sector Analysis
The Department of Defense's spending in 'Other Computer Related Services' (NAICS 541519) is substantial. This contract, valued at $24.8 million over approximately three years, falls within the typical range for specialized IT and financial monitoring services procured by large federal agencies.
Small Business Impact
The data indicates that this contract was not awarded to a small business (sb: false). Therefore, there is no direct benefit to small businesses from this specific award.
Oversight & Accountability
The contract's focus on identifying improper payments and reconciling funds suggests inherent oversight mechanisms. However, further details on reporting requirements and independent verification would be needed to fully assess accountability.
Related Government Programs
- Other Computer Related Services
- Department of Defense Contracting
- Defense Finance and Accounting Service Programs
Risk Flags
- Lack of detailed performance metrics.
- Broad NAICS code could lead to scope ambiguity.
- No indication of specific cost savings achieved.
- Contract duration is substantial, requiring ongoing monitoring.
Tags
other-computer-related-services, department-of-defense, va, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $24.8 million to IMMIXTECHNOLOGY INC. BUSINESS ACTIVITY MONITORING SERVICES INCLUDING IDENTIFICATION OF IMPROPER PAYMENTS AND RECONCILIATION OF FUNDS BALANCE WITH TREASURY ACCOUNTS.
Who is the contractor on this award?
The obligated recipient is IMMIXTECHNOLOGY INC.
Which agency awarded this contract?
Awarding agency: Department of Defense (Defense Finance and Accounting Service).
What is the total obligated amount?
The obligated amount is $24.8 million.
What is the period of performance?
Start: 2012-03-01. End: 2015-04-30.
What specific metrics are used to measure the effectiveness of the 'BUSINESS ACTIVITY MONITORING SERVICES' in identifying improper payments?
The provided data does not specify the metrics used to measure the effectiveness of the business activity monitoring services. To assess value, it would be crucial to understand how the contractor quantifies the reduction in improper payments or the accuracy of fund balance reconciliation. This information is typically found in the contract's performance work statement or quality assurance surveillance plan.
What is the potential risk associated with the broad NAICS code '541519 - Other Computer Related Services' for this contract?
The broad NAICS code '541519' presents a risk of scope ambiguity. It encompasses a wide array of services, potentially leading to disagreements over deliverables or the inclusion of services not originally intended. This could impact cost control and the achievement of specific financial monitoring objectives if not clearly defined in the contract's statement of work.
How does this contract contribute to the overall financial effectiveness and accountability of the Department of Defense?
This contract contributes to financial effectiveness by providing specialized services to identify and potentially prevent improper payments, thereby safeguarding taxpayer funds. By reconciling fund balances with Treasury accounts, it enhances accuracy in financial reporting and accountability. The success of these contributions hinges on the contractor's ability to deliver accurate and timely monitoring and reporting as per the contract's requirements.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Other Computer Related Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › PROFESSIONAL SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Offers Received: 5
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: Arrow Electronics, Inc. (UEI: 049159957)
Address: 8444 WESTPARK DR STE 200, MCLEAN, VA, 22102
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $26,506,375
Exercised Options: $24,817,800
Current Obligation: $24,817,800
Subaward Activity
Number of Subawards: 2
Total Subaward Amount: $5,743,203
Contract Characteristics
Commercial Item: COMMERCIAL ITEM
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: GS35F0265X
IDV Type: FSS
Timeline
Start Date: 2012-03-01
Current End Date: 2015-04-30
Potential End Date: 2015-04-30 00:00:00
Last Modified: 2019-09-20
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