Maximus Federal Services Awarded $86.8M for CFPB Contact Center Operations

Contract Overview

Contract Amount: $86,855,280 ($86.9M)

Contractor: Maximus Federal Services, Inc.

Awarding Agency: Department of the Treasury

Start Date: 2011-06-08

End Date: 2016-12-07

Contract Duration: 2,009 days

Daily Burn Rate: $43.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 6

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: IMPLEMENTATION AND OPERATION OF CFPB'S CONTACT CENTER

Place of Performance

Location: LAS CRUCES, DONA ANA County, NEW MEXICO, 88001

State: New Mexico Government Spending

Plain-Language Summary

Department of the Treasury obligated $86.9 million to MAXIMUS FEDERAL SERVICES, INC. for work described as: IMPLEMENTATION AND OPERATION OF CFPB'S CONTACT CENTER Key points: 1. Contract value of $86.8M over 5 years. 2. Maximus Federal Services is the sole awardee. 3. Risk of vendor lock-in due to single award. 4. Spending falls under Information Services sector.

Value Assessment

Rating: fair

The contract value of $86.8M for 5 years suggests a significant investment in contact center operations. Benchmarking against similar large-scale government contact center contracts would be necessary to assess if this pricing is competitive.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a competitive bidding process. However, the data specifies a 'Delivery Order' which might imply it's part of a larger IDIQ, and further details are needed to confirm the extent of competition for this specific order.

Taxpayer Impact: The use of taxpayer funds for this contract requires careful oversight to ensure value for money and efficient service delivery.

Public Impact

Ensures continued operation of the Consumer Financial Protection Bureau's contact center. Impacts citizens seeking assistance and information from the CFPB. Supports the CFPB's mission to protect consumers in the financial marketplace.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the 'All Other Information Services' category. Spending in this sector can vary widely based on the complexity and scope of services required, from basic IT support to comprehensive customer service operations.

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 were involved as subcontractors or if opportunities were missed.

Oversight & Accountability

The Department of the Treasury, through the Bureau of the Fiscal Service, is responsible for this contract. Oversight mechanisms should be in place to monitor performance, costs, and adherence to contract terms.

Related Government Programs

Risk Flags

Tags

all-other-information-services, department-of-the-treasury, nm, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $86.9 million to MAXIMUS FEDERAL SERVICES, INC.. IMPLEMENTATION AND OPERATION OF CFPB'S CONTACT CENTER

Who is the contractor on this award?

The obligated recipient is MAXIMUS FEDERAL SERVICES, INC..

Which agency awarded this contract?

Awarding agency: Department of the Treasury (Bureau of the Fiscal Service).

What is the total obligated amount?

The obligated amount is $86.9 million.

What is the period of performance?

Start: 2011-06-08. End: 2016-12-07.

What specific services are included in the 'Contact Center Operations' and how do they align with the CFPB's mission?

Contact center operations likely encompass handling consumer inquiries, providing information on financial products and services, processing complaints, and directing consumers to appropriate resources. These services directly support the CFPB's mission by facilitating consumer engagement and ensuring access to assistance, thereby promoting fair and transparent financial markets.

What are the key performance indicators (KPIs) for this contract and how is Maximus Federal Services' performance measured against them?

Key performance indicators for a contact center contract typically include call answer rates, average handling time, customer satisfaction scores, first-call resolution rates, and adherence to schedule. Robust performance measurement against these KPIs is crucial for ensuring the effectiveness of the service and justifying the contract's value to taxpayers.

Are there any potential risks associated with the long-term operation of a contact center by a single vendor, and what mitigation strategies are in place?

A significant risk with a single vendor is potential vendor lock-in, reduced competitive pressure, and a decline in service quality over time. Mitigation strategies could include strong contract management, regular performance reviews, clear exit strategies, and periodic re-competition to ensure continued value and service excellence.

Industry Classification

NAICS: InformationOther Information ServicesAll Other Information Services

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 6

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Maximus Inc (UEI: 082347477)

Address: 3120 FAIRVIEW PARK DR STE 400, FALLS CHURCH, VA, 22042

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

Financial Breakdown

Contract Ceiling: $132,030,732

Exercised Options: $86,855,280

Current Obligation: $86,855,280

Actual Outlays: $54,397

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS00V08PDD0068

IDV Type: IDC

Timeline

Start Date: 2011-06-08

Current End Date: 2016-12-07

Potential End Date: 2016-12-07 00:00:00

Last Modified: 2021-02-17

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