DoD's NETCOM QUEST EA with Iron Bow Technologies totals $37.4M for software, awarded via full and open competition

Contract Overview

Contract Amount: $37,454,700 ($37.5M)

Contractor: Iron BOW Technologies, LLC

Awarding Agency: Department of Defense

Start Date: 2021-05-26

End Date: 2024-05-02

Contract Duration: 1,072 days

Daily Burn Rate: $34.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: NETCOM QUEST ENTERPRISE AGREEMENT

Place of Performance

Location: FORT HUACHUCA, COCHISE County, ARIZONA, 85613

State: Arizona Government Spending

Plain-Language Summary

Department of Defense obligated $37.5 million to IRON BOW TECHNOLOGIES, LLC for work described as: NETCOM QUEST ENTERPRISE AGREEMENT Key points: 1. The contract value of $37.4M is significant for software procurement. 2. Iron Bow Technologies secured this award, indicating competitive market dynamics. 3. The contract spans over three years, presenting potential for long-term vendor relationships. 4. Awarded under full and open competition, suggesting a robust price discovery process.

Value Assessment

Rating: good

The contract's total value of $37.4M over three years appears reasonable given the scope of enterprise software agreements. Benchmarking against similar large-scale software procurements would provide a more precise assessment of value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The award was made under full and open competition, which typically fosters competitive pricing and ensures the government receives the best value. The existence of multiple bids (no=2) supports this.

Taxpayer Impact: Full and open competition generally leads to taxpayer savings by driving down prices through market forces.

Public Impact

Ensures the Department of the Army has access to necessary software. Supports military operations through technology enablement. The duration of the contract impacts long-term IT budget planning.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the IT sector, specifically software procurement. Spending benchmarks for enterprise software agreements vary widely based on agency size and software type, but $37.4M over three years is a substantial investment.

Small Business Impact

The data indicates this contract was not awarded to a small business (sb=false). Further analysis would be needed to determine if small businesses were involved as subcontractors or if opportunities were missed.

Oversight & Accountability

The contract was awarded via a delivery order under an existing agreement, suggesting some level of pre-award oversight. Ongoing performance monitoring and contract management are crucial for accountability.

Related Government Programs

Risk Flags

Tags

software-publishers, department-of-defense, az, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $37.5 million to IRON BOW TECHNOLOGIES, LLC. NETCOM QUEST ENTERPRISE AGREEMENT

Who is the contractor on this award?

The obligated recipient is IRON BOW TECHNOLOGIES, LLC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Army).

What is the total obligated amount?

The obligated amount is $37.5 million.

What is the period of performance?

Start: 2021-05-26. End: 2024-05-02.

What specific software products or services are included in this NETCOM QUEST Enterprise Agreement?

The provided data does not specify the exact software products or services covered by the NETCOM QUEST Enterprise Agreement. This information is critical for understanding the scope of the procurement and assessing its value and necessity. Further details would be required to determine if the $37.4M expenditure aligns with the actual technological needs of the Department of the Army.

What was the competitive landscape like for this specific software procurement, beyond the number of bids?

While the contract was awarded under full and open competition with two bids, the depth of the competitive landscape is not fully detailed. Understanding the number of potential bidders, the technical capabilities of each, and the specific evaluation criteria used would provide a clearer picture of the competition's intensity and its impact on the final price and terms.

How does the pricing of this contract compare to commercial off-the-shelf (COTS) software pricing for similar enterprise solutions?

A direct comparison of this contract's pricing to COTS software pricing is not possible without knowing the specific software and licensing terms. However, enterprise agreements often include volume discounts and support services that can differ from commercial purchases. A detailed analysis of the per-unit cost and included services against market rates is necessary for a comprehensive value assessment.

Industry Classification

NAICS: InformationSoftware PublishersSoftware Publishers

Product/Service Code: IT AND TELECOM - PLATFORM

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: HIG Capital Management, Inc.

Address: 2303 DULLES STATION BLVD STE 400, HERNDON, VA, 20171

Business Categories: Category Business, Limited Liability Corporation, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $62,424,500

Exercised Options: $37,454,700

Current Obligation: $37,454,700

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NOT OBTAINED - WAIVED

Parent Contract

Parent Award PIID: W52P1J20D0058

IDV Type: IDC

Timeline

Start Date: 2021-05-26

Current End Date: 2024-05-02

Potential End Date: 2026-05-02 00:00:00

Last Modified: 2023-04-04

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