HUD's $14.8M Single Family Claims Support Services contract awarded to Williams, Adley & Company LLP

Contract Overview

Contract Amount: $14,884,494 ($14.9M)

Contractor: Williams, Adley & Company DC LLP

Awarding Agency: Department of Housing and Urban Development

Start Date: 2009-08-17

End Date: 2015-02-16

Contract Duration: 2,009 days

Daily Burn Rate: $7.4K/day

Competition Type: COMPETITIVE DELIVERY ORDER

Number of Offers Received: 4

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: SINGLE FAMILY CLAIMS SUPPORT SERVICES

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20005

State: District of Columbia Government Spending

Plain-Language Summary

Department of Housing and Urban Development obligated $14.9 million to WILLIAMS, ADLEY & COMPANY DC LLP for work described as: SINGLE FAMILY CLAIMS SUPPORT SERVICES Key points: 1. Contract value: $14.88 million over its period of performance. 2. Competition: Awarded via competitive delivery order, suggesting multiple bids were considered. 3. Risk: Firm fixed price contract type generally mitigates cost overrun risk. 4. Sector: Accounting services supporting housing and urban development.

Value Assessment

Rating: good

The contract value of $14.88 million appears reasonable for comprehensive claims support services over a multi-year period. Benchmarking against similar accounting service contracts would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: unknown

The contract was awarded through a competitive delivery order process, indicating that multiple vendors likely competed. This method generally promotes price discovery and ensures fair market value.

Taxpayer Impact: The competitive nature of the award suggests taxpayers likely received a fair price for the services rendered.

Public Impact

Ensures continuity of essential claims processing for single-family housing programs. Supports the Department of Housing and Urban Development's mission in managing housing assistance. Provides specialized accounting expertise critical for financial integrity.

Waste & Efficiency Indicators

Waste Risk Score: 70 / 10

Positive Signals

Sector Analysis

This contract falls within the 'Other Accounting Services' NAICS code (541219). Spending in this sector supports essential government functions, with benchmarks varying widely based on service scope and duration.

Small Business Impact

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

Oversight & Accountability

The contract was awarded by the Department of Housing and Urban Development, implying internal oversight. Further review would be needed to assess specific oversight mechanisms and accountability measures.

Related Government Programs

Risk Flags

Tags

other-accounting-services, department-of-housing-and-urban-developm, dc, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Housing and Urban Development awarded $14.9 million to WILLIAMS, ADLEY & COMPANY DC LLP. SINGLE FAMILY CLAIMS SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is WILLIAMS, ADLEY & COMPANY DC LLP.

Which agency awarded this contract?

Awarding agency: Department of Housing and Urban Development (Department of Housing and Urban Development).

What is the total obligated amount?

The obligated amount is $14.9 million.

What is the period of performance?

Start: 2009-08-17. End: 2015-02-16.

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

The 'claims support services' likely encompassed a range of activities related to processing, verifying, and managing insurance claims for single-family housing programs. This could include financial reconciliation, audit support, data analysis, and reporting to ensure the integrity and efficiency of the claims system.

Were there any performance issues or contract modifications during the contract's lifespan?

The provided data does not detail performance metrics or modifications. A thorough review of contract performance reports and modification history would be necessary to identify any issues, assess contractor performance, and understand any changes to the original scope or cost.

How does the awarded amount compare to the estimated value or budget for these services?

The awarded amount of $14.88 million is the definitive value. Without knowing the initial budget or estimated cost for these services, a direct comparison is not possible. However, the competitive award process suggests the final price was deemed fair market value at the time of award.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesAccounting, Tax Preparation, Bookkeeping, and Payroll ServicesOther Accounting Services

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

Competition & Pricing

Extent Competed: COMPETITIVE DELIVERY ORDER

Solicitation Procedures: SEALED BID

Offers Received: 4

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1030 15TH STREET, NW, SUITE 350 WEST, WASHINGTON, DC, 20005

Business Categories: Black American Owned Business, Category Business, Minority Owned Business, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $14,884,494

Exercised Options: $14,884,494

Current Obligation: $14,884,494

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Parent Contract

Parent Award PIID: GS23F8184H

IDV Type: FSS

Timeline

Start Date: 2009-08-17

Current End Date: 2015-02-16

Potential End Date: 2015-02-16 00:00:00

Last Modified: 2021-11-25

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