SEC Awards $31.6M for Litigation Support to CACI, Inc. via Full and Open Competition

Contract Overview

Contract Amount: $31,567,697 ($31.6M)

Contractor: CACI, Inc. - Federal

Awarding Agency: Securities and Exchange Commission

Start Date: 2012-07-16

End Date: 2015-09-29

Contract Duration: 1,170 days

Daily Burn Rate: $27.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: COST PLUS AWARD FEE

Sector: IT

Official Description: LITIGATION SUPPORT

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20549

State: District of Columbia Government Spending

Plain-Language Summary

Securities and Exchange Commission obligated $31.6 million to CACI, INC. - FEDERAL for work described as: LITIGATION SUPPORT Key points: 1. Contract awarded to CACI, Inc. for $31.6 million. 2. Services fall under Computer Systems Design, NAICS 541512. 3. Full and open competition was utilized. 4. Contract duration was 1170 days. 5. The award was a delivery order.

Value Assessment

Rating: good

The contract value of $31.6 million over approximately three years suggests a reasonable price for specialized litigation support services. Benchmarking against similar government contracts for IT and professional services indicates this falls within expected ranges, though specific performance metrics are not provided.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The use of full and open competition is a positive indicator for price discovery. This method allows multiple qualified vendors to bid, driving competitive pricing. The award was a delivery order, suggesting it was part of a larger contract vehicle.

Taxpayer Impact: Full and open competition generally leads to better value for taxpayers by ensuring the government receives competitive pricing for services rendered.

Public Impact

Ensures continued legal and regulatory support for the SEC. Supports the SEC's mission to enforce federal securities laws. Provides essential IT and data analysis capabilities for litigation.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of specific performance metrics for evaluation.
Potential for cost overruns in Cost Plus Award Fee contracts.
Limited detail on the specific nature of 'litigation support'.

Positive Signals

Awarded through full and open competition.
Experienced contractor (CACI, Inc. - Federal).
Clear contract duration and award type.

Sector Analysis

The contract falls under professional services, specifically IT and computer systems design, which are common expenditures for regulatory agencies like the SEC. Spending benchmarks for similar services vary widely based on complexity and duration, but $31.6M over three years is within a typical range for specialized support.

Small Business Impact

The data indicates that this contract was awarded to CACI, Inc. - Federal, a large business. There is no indication that small businesses were involved as prime contractors or significant subcontractors in this specific award.

Oversight & Accountability

The contract was awarded by the Securities and Exchange Commission, a federal agency with established oversight mechanisms. The use of delivery orders under a larger contract vehicle implies a degree of pre-negotiated terms and conditions, but specific oversight details for this order are not provided.

Related Government Programs

Computer Systems Design Services
Securities and Exchange Commission Contracting
Securities and Exchange Commission Programs

Risk Flags

Cost Plus Award Fee structure can lead to higher costs if not managed tightly.
Lack of specific performance metrics makes value assessment difficult.
Potential for scope creep in 'litigation support' services.
Contract duration is significant, requiring sustained oversight.

Frequently Asked Questions

What is this federal contract paying for?

Securities and Exchange Commission awarded $31.6 million to CACI, INC. - FEDERAL. LITIGATION SUPPORT

Who is the contractor on this award?

The obligated recipient is CACI, INC. - FEDERAL.

Which agency awarded this contract?

Awarding agency: Securities and Exchange Commission (Securities and Exchange Commission).

What is the total obligated amount?

The obligated amount is $31.6 million.

What is the period of performance?

Start: 2012-07-16. End: 2015-09-29.

What was the specific breakdown of costs within the Cost Plus Award Fee structure, and how did performance impact the final fee?

The provided data does not detail the cost breakdown or the performance-based fee adjustments. Cost Plus Award Fee contracts aim to incentivize contractor performance by linking a portion of the fee to achieving specific objectives. Without access to the contract's performance reports and fee determination, it's impossible to assess the value realized beyond the base cost.

What were the key risks identified during the solicitation process for this litigation support contract, and how were they mitigated?

The data does not specify the risks identified during the solicitation. However, common risks for litigation support contracts include data security breaches, missed deadlines impacting legal proceedings, and the accuracy of analysis. Mitigation strategies typically involve stringent security protocols, performance-based milestones, and robust quality assurance processes, which would have been detailed in the full solicitation documents.

How effectively did the full and open competition process ensure the SEC secured the best possible technical solution and price for its litigation support needs?

The full and open competition process theoretically maximizes the chances of securing the best value by allowing a wide range of vendors to compete. However, the effectiveness depends on the clarity of the solicitation's technical requirements and evaluation criteria. Without detailed evaluation results, it's presumed that the process yielded a suitable solution and competitive price, but the degree of 'best possible' is not quantifiable from this data alone.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Computer Systems Design Services

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS › ADP AND TELECOMMUNICATIONS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 2

Pricing Type: COST PLUS AWARD FEE (R)

Evaluated Preference: NONE

Contractor Details

Parent Company: CACI International Inc (UEI: 045534641)

Address: 14151 PARK MEADOW DR, CHANTILLY, VA, 20151

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $57,565,509

Exercised Options: $31,567,697

Current Obligation: $31,567,697

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: GS00Q09BGD0020

IDV Type: GWAC

Timeline