Treasury's IRS Spends $17.6M on Copier Leases from Canon, Lacking Competition

Contract Overview

Contract Amount: $17,572,910 ($17.6M)

Contractor: Canon U.S.A., Inc.

Awarding Agency: Department of the Treasury

Start Date: 2017-04-01

End Date: 2019-09-30

Contract Duration: 912 days

Daily Burn Rate: $19.3K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: IGF::OT::IGF FOR OTHER FUNCTIONS - NATIONAL COPIER/MULTIFUNCTIONAL DEVICE (CMFD)

Place of Performance

Location: ARLINGTON, ARLINGTON County, VIRGINIA, 22203

State: Virginia Government Spending

Plain-Language Summary

Department of the Treasury obligated $17.6 million to CANON U.S.A., INC. for work described as: IGF::OT::IGF FOR OTHER FUNCTIONS - NATIONAL COPIER/MULTIFUNCTIONAL DEVICE (CMFD) Key points: 1. Significant spending on office equipment rental by the IRS. 2. Sole supplier, Canon, dominates this contract. 3. Lack of competition raises concerns about potential overpricing. 4. The sector is office machinery rental and leasing.

Value Assessment

Rating: questionable

The contract value of $17.6 million for copier/multifunctional devices over 912 days appears high, especially given the lack of competition. Benchmarking against similar government or commercial leases for comparable equipment is crucial to assess if the pricing is reasonable.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was awarded as a sole-source procurement, meaning only one vendor, Canon U.S.A., Inc., was considered. This significantly limits price discovery and competitive pressure, potentially leading to inflated costs for taxpayers.

Taxpayer Impact: The absence of competition likely resulted in higher costs than could have been achieved through a competitive bidding process, impacting taxpayer funds.

Public Impact

Taxpayers may be overpaying for essential office equipment due to a lack of competitive bidding. Government agencies rely on these devices for daily operations, making the cost impact significant. The long contract duration (912 days) locks the agency into potentially suboptimal pricing.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The IRS, a part of the Department of the Treasury, leased office machinery and equipment. Spending benchmarks in this sector often favor competitive leasing to secure lower rates for standard equipment.

Small Business Impact

There is no indication that small businesses were involved in this contract, as it was awarded sole-source to a large corporation.

Oversight & Accountability

The sole-source nature of this award warrants scrutiny to ensure the IRS obtained the best possible value and that the pricing is justified. Further review by oversight bodies may be needed.

Related Government Programs

Risk Flags

Tags

office-machinery-and-equipment-rental-an, department-of-the-treasury, va, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $17.6 million to CANON U.S.A., INC.. IGF::OT::IGF FOR OTHER FUNCTIONS - NATIONAL COPIER/MULTIFUNCTIONAL DEVICE (CMFD)

Who is the contractor on this award?

The obligated recipient is CANON U.S.A., 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 $17.6 million.

What is the period of performance?

Start: 2017-04-01. End: 2019-09-30.

What was the justification for awarding this contract sole-source to Canon U.S.A., Inc.?

The provided data does not specify the justification for the sole-source award. Typically, sole-source contracts are justified when only one responsible source can provide the required supplies or services, or in cases of urgent need. Without this information, it's impossible to fully assess the necessity of bypassing competitive procedures.

How does the per-unit cost of these leased copiers compare to market rates for similar equipment?

The data does not provide a per-unit cost or details on the specific models leased, making direct comparison difficult. However, given the sole-source nature and the significant total value, it is highly probable that the per-unit cost is higher than what could be achieved through competitive bidding processes in the open market.

What is the potential financial risk to taxpayers due to the lack of competition in this contract?

The primary financial risk to taxpayers stems from the potential for inflated pricing. Without competitive pressure, Canon U.S.A., Inc. may have charged more than they would have under a competitive scenario. This lack of price discovery means taxpayers could be overpaying for the leased equipment over the contract's duration.

Industry Classification

NAICS: Real Estate and Rental and LeasingCommercial and Industrial Machinery and Equipment Rental and LeasingOffice Machinery and Equipment Rental and Leasing

Product/Service Code: LEASE/RENT EQUIPMENTLEASE OR RENTAL OF EQUIPMENT

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: TIRNO17R00008

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 4100 N. FAIRFAX DRIVE, SUITE 200, ARLINGTON, VA, 22203

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Foreign Owned, Foreign-Owned and U.S.-Incorporated Business, Manufacturer of Goods, Not Designated a Small Business, Special Designations

Financial Breakdown

Contract Ceiling: $17,572,910

Exercised Options: $17,572,910

Current Obligation: $17,572,910

Actual Outlays: $659,402

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline

Start Date: 2017-04-01

Current End Date: 2019-09-30

Potential End Date: 2019-09-30 00:00:00

Last Modified: 2025-04-29

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