Treasury's IRS Spends $48.4M on IT Services via Delivery Order, Raising Oversight Questions

Contract Overview

Contract Amount: $48,375,501 ($48.4M)

Contractor: Insysco, Inc.

Awarding Agency: Department of the Treasury

Start Date: 2012-08-21

End Date: 2018-03-27

Contract Duration: 2,044 days

Daily Burn Rate: $23.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: IGF::CT::IGF FMIS-RPI O&M COMPLIANCE CHECKS

Place of Performance

Location: LANHAM, PRINCE GEORGES County, MARYLAND, 20706

State: Maryland Government Spending

Plain-Language Summary

Department of the Treasury obligated $48.4 million to INSYSCO, INC. for work described as: IGF::CT::IGF FMIS-RPI O&M COMPLIANCE CHECKS Key points: 1. Significant spending on IT services for IRS financial management systems. 2. Competition method appears to be full and open, but specific details are limited. 3. Contract duration is substantial, spanning over 17 years. 4. No small business participation noted, which could be a missed opportunity.

Value Assessment

Rating: fair

The total award amount of $48.4M over a 17-year period suggests a moderate annual spend. Benchmarking against similar IT O&M contracts would be necessary to fully assess value, but the long duration may indicate potential for cost savings if managed effectively.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which is generally positive for price discovery. However, the nature of a delivery order against a larger contract framework means the specific price negotiation for this order is key.

Taxpayer Impact: The substantial investment in IT infrastructure aims to improve government operations, but the long-term cost and effectiveness require ongoing scrutiny to ensure taxpayer funds are used efficiently.

Public Impact

Impacts IRS's ability to manage financial systems and compliance. Long-term IT investment affects operational efficiency and modernization efforts. Potential for improved data accuracy and reporting for tax administration.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the IT services sector, specifically related to IT operations and maintenance for financial management systems. Benchmarks for similar long-term IT service contracts vary widely based on scope and complexity.

Small Business Impact

The contract data indicates no small business participation. This suggests that opportunities for small businesses to contribute to this significant IT project were either not pursued or not met.

Oversight & Accountability

The long duration of the contract and the delivery order structure warrant close oversight to ensure continued value and performance. Regular reviews of performance metrics and cost-effectiveness are crucial for accountability.

Related Government Programs

Risk Flags

Tags

other-computer-related-services, department-of-the-treasury, md, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $48.4 million to INSYSCO, INC.. IGF::CT::IGF FMIS-RPI O&M COMPLIANCE CHECKS

Who is the contractor on this award?

The obligated recipient is INSYSCO, INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $48.4 million.

What is the period of performance?

Start: 2012-08-21. End: 2018-03-27.

What specific IT services are covered under this delivery order, and how do they align with the IRS's current and future financial management needs?

The data indicates 'Other Computer Related Services' (NAICS 541519) for IGF FMIS-RPI O&M Compliance Checks. This likely encompasses maintenance, support, and potentially upgrades for the Integrated Government Financial Management Information System (IGF MIS) and its associated components, ensuring compliance checks are performed effectively.

Given the 17-year duration, what mechanisms are in place to ensure the pricing remains competitive and reflects evolving market conditions for IT services?

While the contract is firm fixed price, the long duration necessitates periodic reviews or re-negotiations, especially if significant scope changes occur. The initial full and open competition should have established a competitive baseline, but ongoing market surveillance by the agency is critical.

How effectively has this contract supported the IRS's compliance checks and overall financial management operations over its lifespan?

Effectiveness is difficult to gauge solely from award data. Success would be measured by the system's uptime, the accuracy and timeliness of compliance checks, and the reduction of financial system vulnerabilities. Without performance reports, a definitive assessment is not possible.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesComputer Systems Design and Related ServicesOther Computer Related 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: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Maximus Inc

Address: 3130 FAIRVIEW PARK DR STE 800, 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: $60,010,577

Exercised Options: $60,010,577

Current Obligation: $48,375,501

Actual Outlays: $-112

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: TIRNO11D00023

IDV Type: IDC

Timeline

Start Date: 2012-08-21

Current End Date: 2018-03-27

Potential End Date: 2019-03-27 09:39:59

Last Modified: 2023-08-17

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