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

Positive Signals

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

Risk Flags

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 ServicesAccounting, Tax Preparation, Bookkeeping, and Payroll ServicesOther 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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