Treasury's IRS Spends $18.5M on Verizon Program Management & Engineering Services

Contract Overview

Contract Amount: $18,471,225 ($18.5M)

Contractor: Verizon Business Network Services LLC

Awarding Agency: Department of the Treasury

Start Date: 2012-02-02

End Date: 2020-09-30

Contract Duration: 3,163 days

Daily Burn Rate: $5.8K/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: VERIZON PROGRAM MGMT&ENGINEERING SVCS

Place of Performance

Location: ATLANTA, FULTON County, GEORGIA, 30308

State: Georgia Government Spending

Plain-Language Summary

Department of the Treasury obligated $18.5 million to VERIZON BUSINESS NETWORK SERVICES LLC for work described as: VERIZON PROGRAM MGMT&ENGINEERING SVCS Key points: 1. Significant contract value of $18.5 million over 8 years. 2. Competed under SAP, indicating a structured procurement process. 3. No small business participation noted, potentially limiting broader economic impact. 4. Services fall under 'Other Computer Related Services', a broad category.

Value Assessment

Rating: fair

The contract value of $18.5M over 8 years averages $2.3M annually. Benchmarking against similar IT program management contracts is difficult without more specific service details, but the duration suggests a potentially fair price for ongoing support.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was competed under SAP (Simplified Acquisition Procedures), suggesting a competitive process for acquisitions below certain thresholds. This method generally aims for price discovery through multiple quotes.

Taxpayer Impact: Taxpayers funded $18.5 million for these services. While competed, the specific value for money is hard to ascertain without detailed performance metrics.

Public Impact

Ensures critical IT infrastructure and program management for the IRS. Supports the operational efficiency of tax collection and processing systems. Potential for modernization and improved service delivery through engineering expertise.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The IT services sector is vast, with program management and engineering being crucial for large government agencies like the IRS. Spending benchmarks vary widely based on the complexity and scope of services.

Small Business Impact

The contract explicitly states no small business participation (sb: false). This indicates that the prime contractor, Verizon, did not subcontract to small businesses for this specific award, potentially missing opportunities to leverage smaller, specialized firms.

Oversight & Accountability

The contract was awarded under SAP, which has its own set of oversight requirements. The long duration necessitates ongoing performance monitoring by the IRS to ensure value and accountability.

Related Government Programs

Risk Flags

Tags

other-computer-related-services, department-of-the-treasury, ga, bpa-call, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $18.5 million to VERIZON BUSINESS NETWORK SERVICES LLC. VERIZON PROGRAM MGMT&ENGINEERING SVCS

Who is the contractor on this award?

The obligated recipient is VERIZON BUSINESS NETWORK SERVICES LLC.

Which agency awarded this contract?

Awarding agency: Department of the Treasury (Internal Revenue Service).

What is the total obligated amount?

The obligated amount is $18.5 million.

What is the period of performance?

Start: 2012-02-02. End: 2020-09-30.

What specific program management and engineering services were provided, and how did they contribute to the IRS's mission?

The provided data lacks specifics on the exact services rendered. However, program management and engineering services for the IRS likely encompass IT infrastructure support, software development lifecycle management, cybersecurity enhancements, and operational efficiency improvements for tax systems. These are critical for maintaining taxpayer data integrity and facilitating tax administration.

Given the $18.5M spend over 8 years, what was the cost-effectiveness compared to alternative solutions or internal capabilities?

Assessing cost-effectiveness requires detailed performance metrics and comparison against industry benchmarks for similar IT program management services. The firm fixed price structure offers some cost control, but without data on service outcomes and potential internal capabilities, a definitive cost-effectiveness judgment is challenging. The annual average of $2.3M suggests a significant investment.

How effectively did the SAP competition process ensure fair pricing and optimal service delivery for these complex IT services?

SAP competition aims to ensure fair pricing by soliciting multiple quotes from qualified vendors. However, the effectiveness depends on the clarity of the requirement, the number of responsive bidders, and the government's negotiation strategy. For complex IT services, ensuring true price discovery and optimal service delivery under SAP requires diligent oversight and well-defined performance standards.

Industry Classification

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

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Verizon Communications Inc

Address: 22001 LOUDOUN COUNTY PKWY, ASHBURN, VA, 20147

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

Financial Breakdown

Contract Ceiling: $18,471,225

Exercised Options: $18,471,225

Current Obligation: $18,471,225

Actual Outlays: $2,316,226

Contract Characteristics

Commercial Item: COMMERCIAL ITEM

Parent Contract

Parent Award PIID: TIRNO10S00001

IDV Type: BPA

Timeline

Start Date: 2012-02-02

Current End Date: 2020-09-30

Potential End Date: 2023-05-31 16:10:59

Last Modified: 2022-04-02

More Contracts from Verizon Business Network Services LLC

View all Verizon Business Network Services LLC federal contracts →

Other Department of the Treasury Contracts

View all Department of the Treasury contracts →

Explore Related Government Spending