Treasury's $24.8M Logistics Support Contract with Metrica, Inc. Awarded via Full and Open Competition
Contract Overview
Contract Amount: $24,819,794 ($24.8M)
Contractor: Metrica, Inc.
Awarding Agency: Department of the Treasury
Start Date: 2016-01-01
End Date: 2021-03-31
Contract Duration: 1,916 days
Daily Burn Rate: $13.0K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: TIME AND MATERIALS
Sector: Other
Official Description: IGF::CL::IGF FOR CLOSELY ASSOCIATED - WORLDWIDE LOGISTICAL SUPPORT SERVICES
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20220
Plain-Language Summary
Department of the Treasury obligated $24.8 million to METRICA, INC. for work described as: IGF::CL::IGF FOR CLOSELY ASSOCIATED - WORLDWIDE LOGISTICAL SUPPORT SERVICES Key points: 1. Contract value of $24.8 million over 5 years. 2. Awarded through full and open competition, indicating a competitive bidding process. 3. Services include process, physical distribution, and logistics consulting. 4. Potential risk associated with long-term contracts and service scope.
Value Assessment
Rating: good
The contract value of $24.8 million over approximately 5 years suggests a reasonable annual spend. Benchmarking against similar large-scale logistical support contracts would provide further insight into its pricing efficiency.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, which typically fosters competitive pricing and allows for a broad range of potential contractors to bid. This method is generally effective in achieving fair market value.
Taxpayer Impact: Full and open competition aims to ensure taxpayer dollars are spent efficiently by leveraging market forces to secure competitive pricing for essential services.
Public Impact
Ensures efficient logistical operations for the Department of the Treasury. Supports critical departmental functions through specialized consulting services. Potential for improved supply chain management and distribution processes.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Long contract duration may lead to scope creep or evolving needs.
- Reliance on a single contractor for critical logistics support.
Positive Signals
- Awarded through full and open competition.
- Clear service description for logistics consulting.
Sector Analysis
This contract falls within the professional services sector, specifically logistics consulting. Spending in this area is crucial for government efficiency, and benchmarks vary widely based on the complexity and duration of services required.
Small Business Impact
The provided data does not indicate any specific set-asides for small businesses. Further analysis would be needed to determine if small businesses had an opportunity to participate or subcontract.
Oversight & Accountability
The contract was awarded via delivery order, suggesting it's part of a larger indefinite-delivery/indefinite-quantity (IDIQ) contract or a similar framework. Oversight would focus on performance against the delivery order terms and conditions.
Related Government Programs
- Process, Physical Distribution, and Logistics Consulting Services
- Department of the Treasury Contracting
- Departmental Offices Programs
Risk Flags
- Potential for cost overruns if not closely managed.
- Risk of vendor lock-in with long-term contracts.
- Dependence on a single vendor for critical support.
- Scope definition and management are crucial.
Tags
process-physical-distribution-and-logist, department-of-the-treasury, dc, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $24.8 million to METRICA, INC.. IGF::CL::IGF FOR CLOSELY ASSOCIATED - WORLDWIDE LOGISTICAL SUPPORT SERVICES
Who is the contractor on this award?
The obligated recipient is METRICA, INC..
Which agency awarded this contract?
Awarding agency: Department of the Treasury (Departmental Offices).
What is the total obligated amount?
The obligated amount is $24.8 million.
What is the period of performance?
Start: 2016-01-01. End: 2021-03-31.
What is the specific nature of the 'closely associated' services provided under this contract?
The contract title 'IGF FOR CLOSELY ASSOCIATED - WORLDWIDE LOGISTICAL SUPPORT SERVICES' suggests that the services provided by Metrica, Inc. are integral to or directly support the primary logistical functions of the Department of the Treasury. This could encompass a range of activities such as supply chain management, inventory control, transportation coordination, and distribution planning, potentially on a global scale, ensuring the smooth operation of departmental resources.
How does the performance of Metrica, Inc. compare to industry standards for logistics consulting?
Assessing Metrica, Inc.'s performance against industry standards requires access to performance reviews, customer satisfaction surveys, and key performance indicators (KPIs) specific to this contract. Without this data, it's difficult to definitively gauge their effectiveness. However, the renewal or continuation of such contracts often implies satisfactory performance, though independent verification is always recommended for accountability.
What is the potential impact of this contract on the Treasury's overall operational efficiency?
This contract aims to enhance the Treasury's operational efficiency by providing specialized expertise in logistics. Effective execution of these services can lead to streamlined supply chains, reduced operational costs, improved resource allocation, and better preparedness for logistical challenges. The success of the contract is directly tied to its ability to deliver tangible improvements in these areas, ultimately supporting the department's mission.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Management, Scientific, and Technical Consulting Services › Process, Physical Distribution, and Logistics Consulting Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › MANAGEMENT SUPPORT SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Offers Received: 1
Pricing Type: TIME AND MATERIALS (Y)
Evaluated Preference: NONE
Contractor Details
Address: 100 NE LOOP 410 STE 520, SAN ANTONIO, TX, 78216
Business Categories: Black American Owned Business, Category Business, Minority Owned Business, Not Designated a Small Business, Self-Certified Small Disadvantaged Business, Small Business, Small Disadvantaged Business, Special Designations, Woman Owned Business
Financial Breakdown
Contract Ceiling: $29,782,134
Exercised Options: $26,772,722
Current Obligation: $24,819,794
Actual Outlays: $7,248,020
Contract Characteristics
Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED
Parent Contract
Parent Award PIID: GS00F0008P
IDV Type: FSS
Timeline
Start Date: 2016-01-01
Current End Date: 2021-03-31
Potential End Date: 2021-03-31 00:00:00
Last Modified: 2022-06-08
More Contracts from Metrica, Inc.
- Incremental Funding for Treasury/Metrica DOX060032 VIA MOD. # 1. Bfmis Rq06-Iet-B95 — $45.8M (Department of the Treasury)
- Logisitical Support Services (worldwide) — $35.0M (Department of the Treasury)
Other Department of the Treasury Contracts
- Advertising Services — $636.5M (True North Communications Inc)
- Cade 2 Ltis3 Covid-19 — $383.8M (Deloitte Consulting LLP)
- Establish a Broad Networking and Telecommunications Service Environment to Meet ITS Network Services (wide Area and Local Area Network), Voice Telecommunications Services, Audio/Video/Web Conferencing, and Cyber Requirements — $320.2M (AT&T Enterprises, LLC)
- THE Internal Revenue Service (IRS), Office of Information Technology Office, Issues This Order Under GSA Alliant 2 (unrestricted). Enterprise Case Management (ECM) Solution Integration Services — $305.5M (Booz Allen Hamilton Inc)
- THE Tfcceis Task Order IS to Transition the Existing Tfcc Services From the Networx Contract Onto the EIS Contract Vehicle in a Manner That Will Enable Continuity of an Enterprise Network of Toll Free Services for the IRS — $264.6M (Verizon Business Network Services LLC)