NSF awards Booz Allen Hamilton $18.4M for Award Monitoring & Oversight Support Services
Contract Overview
Contract Amount: $18,377,687 ($18.4M)
Contractor: Booz Allen Hamilton Inc
Awarding Agency: National Science Foundation
Start Date: 2006-03-28
End Date: 2011-04-02
Contract Duration: 1,831 days
Daily Burn Rate: $10.0K/day
Competition Type: COMPETITIVE DELIVERY ORDER
Number of Offers Received: 3
Pricing Type: TIME AND MATERIALS
Sector: Other
Official Description: AWARD MONITORING&OVERSIGHT SUPPORT SERV
Place of Performance
Location: MC LEAN, FAIRFAX County, VIRGINIA, 22102, UNITED STATES OF AMERICA
State: Virginia Government Spending
Plain-Language Summary
National Science Foundation obligated $18.4 million to BOOZ ALLEN HAMILTON INC for work described as: AWARD MONITORING&OVERSIGHT SUPPORT SERV Key points: 1. Contract awarded to a large, established firm (Booz Allen Hamilton). 2. Services fall under 'Other Accounting Services' (NAICS 541219). 3. Significant duration of 1831 days (approx. 5 years). 4. Time and Materials pricing structure may pose cost control risks.
Value Assessment
Rating: fair
The contract's Time and Materials (T&M) pricing structure, while flexible, can lead to cost overruns if not closely managed. Benchmarking against similar oversight contracts is difficult without more granular data on labor categories and hours.
Cost Per Unit: N/A
Competition Analysis
Competition Level: unknown
Awarded as a competitive delivery order, suggesting multiple bids were considered. However, the T&M nature means price discovery is ongoing throughout the contract's life, potentially leading to higher final costs than fixed-price alternatives.
Taxpayer Impact: Taxpayer funds are used for essential oversight functions, but the T&M structure necessitates vigilant monitoring to ensure cost-effectiveness and prevent unnecessary expenditures.
Public Impact
Ensures accountability in federal spending by monitoring contract performance. Supports agency efficiency by providing specialized oversight expertise. Contributes to the integrity of government operations through diligent review.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Time and Materials pricing
- Long contract duration
- Lack of specific performance metrics in provided data
Positive Signals
- Competitive award process
- Awarded to a reputable firm
Sector Analysis
This contract falls under professional services, specifically accounting and auditing services. Spending in this sector is crucial for ensuring compliance and efficient use of taxpayer funds, with benchmarks varying widely based on the complexity and scope of oversight required.
Small Business Impact
The contract was awarded to Booz Allen Hamilton, a large business. There is no indication that small businesses were involved as subcontractors in this specific award, which is a missed opportunity for small business participation.
Oversight & Accountability
The contract itself is for 'Award Monitoring & Oversight Support Services,' indicating a focus on accountability. However, the provided data lacks details on specific oversight mechanisms employed by the NSF or Booz Allen Hamilton to manage this contract effectively.
Related Government Programs
- Other Accounting Services
- National Science Foundation Contracting
- National Science Foundation Programs
Risk Flags
- Time and Materials pricing structure
- Long contract duration without clear performance metrics
- Potential for cost overruns
- Limited visibility into small business subcontracting
Tags
other-accounting-services, national-science-foundation, va, do, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
National Science Foundation awarded $18.4 million to BOOZ ALLEN HAMILTON INC. AWARD MONITORING&OVERSIGHT SUPPORT SERV
Who is the contractor on this award?
The obligated recipient is BOOZ ALLEN HAMILTON INC.
Which agency awarded this contract?
Awarding agency: National Science Foundation (National Science Foundation).
What is the total obligated amount?
The obligated amount is $18.4 million.
What is the period of performance?
Start: 2006-03-28. End: 2011-04-02.
What specific metrics are used to evaluate the effectiveness of Booz Allen Hamilton's oversight services?
The provided data does not specify the metrics used to evaluate the effectiveness of Booz Allen Hamilton's oversight services. Typically, such metrics would include the number of issues identified and resolved, the timeliness of reporting, the accuracy of assessments, and the overall impact on contract performance and cost savings achieved through their monitoring efforts.
How does the Time and Materials pricing structure impact the overall cost compared to a fixed-price contract for similar oversight services?
Time and Materials (T&M) pricing offers flexibility but can lead to higher costs if not managed tightly, as it directly reimburses labor hours and material costs. A fixed-price contract would provide greater cost certainty for the government upfront, though it might be less adaptable to evolving oversight needs. The final cost of this T&M contract could exceed a comparable fixed-price award if labor hours or material usage are higher than anticipated.
What is the potential risk of scope creep or inefficient resource allocation given the T&M contract type and long duration?
The T&M structure, combined with a long duration (1831 days), presents a moderate risk of scope creep and inefficient resource allocation. Without stringent oversight and clear task definitions from the NSF, Booz Allen Hamilton could potentially bill for extended hours or less critical tasks. Regular reviews and clear deliverables are essential to mitigate this risk and ensure taxpayer funds are used efficiently.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Accounting, Tax Preparation, Bookkeeping, and Payroll Services › Other Accounting Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › PROFESSIONAL SERVICES
Competition & Pricing
Extent Competed: COMPETITIVE DELIVERY ORDER
Solicitation ID: DCCA-060018
Offers Received: 3
Pricing Type: TIME AND MATERIALS (Y)
Contractor Details
Parent Company: Booz Allen Hamilton Holding Corporation (UEI: 964725688)
Address: 8283 GREENSBORO DR # 700, MC LEAN, VA, 22102
Business Categories: Category Business, Not Designated a Small Business
Financial Breakdown
Contract Ceiling: $19,495,019
Exercised Options: $19,495,019
Current Obligation: $18,377,687
Parent Contract
Parent Award PIID: GS23F0109L
IDV Type: FSS
Timeline
Start Date: 2006-03-28
Current End Date: 2011-04-02
Potential End Date: 2011-04-02 00:00:00
Last Modified: 2015-04-01
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