Treasury's IRS awards $22.2M for Big Data Analytics to World Wide Technology LLC
Contract Overview
Contract Amount: $22,249,823 ($22.2M)
Contractor: World Wide Technology LLC
Awarding Agency: Department of the Treasury
Start Date: 2016-08-24
End Date: 2019-09-30
Contract Duration: 1,132 days
Daily Burn Rate: $19.7K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: IGF::OT::IGF FOR OTHER FUNCTIONS - BIG DATA ANALYTICS
Place of Performance
Location: MARYLAND HEIGHTS, SAINT LOUIS County, MISSOURI, 63043
State: Missouri Government Spending
Plain-Language Summary
Department of the Treasury obligated $22.2 million to WORLD WIDE TECHNOLOGY LLC for work described as: IGF::OT::IGF FOR OTHER FUNCTIONS - BIG DATA ANALYTICS Key points: 1. Contract awarded to a single large business, World Wide Technology LLC. 2. Spending on Electronic Computer Manufacturing (NAICS 334111) is significant. 3. The contract duration is over three years, indicating a substantial project. 4. Firm Fixed Price contract type suggests cost certainty for the government.
Value Assessment
Rating: good
The award amount of $22.25 million over three years appears reasonable for Big Data Analytics services. Benchmarking against similar large-scale IT contracts would provide a more precise assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, which generally promotes competitive pricing. The specific price discovery mechanisms used during the bidding process are not detailed here.
Taxpayer Impact: The use of full and open competition aims to ensure taxpayer dollars are spent efficiently by fostering a competitive environment.
Public Impact
Enhances IRS capabilities in data analysis for tax administration. Supports modernization efforts within the Internal Revenue Service. Potential for improved efficiency and effectiveness in IRS operations.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of specific performance metrics in provided data.
- No indication of small business participation.
Positive Signals
- Awarded under full and open competition.
- Firm Fixed Price contract type.
Sector Analysis
This contract falls within the Information Technology sector, specifically focusing on Big Data Analytics. Spending in this area is crucial for government agencies to manage and interpret vast datasets for operational efficiency and decision-making.
Small Business Impact
The data indicates that this contract was not awarded to a small business (ss: false, sb: false). Further analysis would be needed to determine if subcontracting opportunities were made available to small businesses.
Oversight & Accountability
Oversight would typically involve regular performance reviews and financial audits by the contracting agency and potentially the Inspector General to ensure contract compliance and value for money.
Related Government Programs
- Electronic Computer Manufacturing
- Department of the Treasury Contracting
- Internal Revenue Service Programs
Risk Flags
- Potential for vendor lock-in if proprietary solutions are heavily utilized.
- Risk of cost overruns if scope creep occurs despite fixed price.
- Dependence on a single large vendor for critical analytics capabilities.
- Need for ongoing monitoring to ensure technology remains current.
Tags
electronic-computer-manufacturing, department-of-the-treasury, mo, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $22.2 million to WORLD WIDE TECHNOLOGY LLC. IGF::OT::IGF FOR OTHER FUNCTIONS - BIG DATA ANALYTICS
Who is the contractor on this award?
The obligated recipient is WORLD WIDE TECHNOLOGY 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 $22.2 million.
What is the period of performance?
Start: 2016-08-24. End: 2019-09-30.
What specific Big Data Analytics capabilities were procured, and how do they align with the IRS's strategic goals?
The provided data does not specify the exact Big Data Analytics capabilities. However, such procurements typically involve software, hardware, and services for data ingestion, processing, storage, and analysis. For the IRS, these capabilities likely support fraud detection, taxpayer services, and operational efficiency by enabling the analysis of large, complex datasets.
What were the key evaluation criteria used during the full and open competition, and how did World Wide Technology LLC's proposal meet them?
The data does not detail the evaluation criteria or the specifics of World Wide Technology LLC's proposal. Typically, for IT services, criteria include technical approach, past performance, management plan, and price. A successful proposal would demonstrate a strong understanding of IRS needs, a robust technical solution, and competitive pricing.
How will the effectiveness of this Big Data Analytics solution be measured to ensure it meets IRS objectives and provides value?
Effectiveness measurement would likely involve defining Key Performance Indicators (KPIs) related to data processing speed, analytical accuracy, cost savings achieved through improved operations, or enhanced fraud detection rates. Regular performance reviews and reporting against these KPIs would be crucial for assessing value and ensuring objectives are met.
Industry Classification
NAICS: Manufacturing › Computer and Peripheral Equipment Manufacturing › Electronic Computer Manufacturing
Product/Service Code: INFORMATION TECHNOLOGY EQUIPMENT (INCLD FIRMWARE) SOFTWARE,SUPPLIES& SUPPORT EQUIPMENT
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: World Wide Technology Holding CO., Inc. (UEI: 131784451)
Address: 60 WELDON PKWY, MARYLAND HEIGHTS, MO, 63043
Business Categories: Black American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $22,255,387
Exercised Options: $22,255,387
Current Obligation: $22,249,823
Contract Characteristics
Commercial Item: COMMERCIAL ITEM
Parent Contract
Parent Award PIID: NNG15SC22B
IDV Type: GWAC
Timeline
Start Date: 2016-08-24
Current End Date: 2019-09-30
Potential End Date: 2019-09-30 00:00:00
Last Modified: 2020-05-05
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