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Department of the Interior Awarded a Contract to FISCALNOTE, INC for $67,811.98
Signed on
11/30/2023, 12:00 AM
FISCALNOTE, INC Government Contract #140D0424F0085
FISCALNOTE, INC was awarded a contract with the United States Government for $67,811.98. The contract was awarded by the agency office IBC ACQ SVCS DIRECTORATE (00004), which is a division with the Departmental Offices within the Department of the Interior.
Summary of Award
The JSON response from usaspending.gov provides detailed insights into a federal contract award involving the U.S. federal government and FiscalNote, Inc., a well-known provider of online information services. This contract, categorized as a delivery order, involves the provision of online publication services for the Library of Congress. As a crucial aspect of government transparency, this contract presents a case study in how the government invests in information services to enhance its operations.
### Contract Overview
The contract, identified by the award ID "140D0424F0085," is a delivery order with a type "C," indicating specific delivery orders against an IDIQ (Indefinite Delivery/Indefinite Quantity) contract. It was signed on November 30, 2023, with a total obligation of $25,636.63. However, the base value, including all potential options, could escalate to $67,811.98. This type of contract is frequently used when the government knows in advance its requirements but not the exact number or timing of the deliveries.
The awarding agency is the Department of the Interior, specifically within the Departmental Offices, overseen by the IBC Acquisition Services Directorate. The contract covers a period of performance starting from January 1, 2024, to December 31, 2025, with the potential to extend until December 31, 2027. This flexibility in timeline underlines the scalable nature of the services provided.
### Purpose and Scope
This delivery order is specifically for online publication services rendered by FiscalNote, Inc., and is intended to accommodate six users. These services fall under the NAICS code "519290" which relates to "Web Search Portals and All Other Information Services," a category that underscores the broad spectrum of information-related services, including digital platforms for accessing legislative and regulatory intelligence—a core competency of FiscalNote.
The product or service falls under the product service code "R499," representing "Support- Professional: Other." Such services usually pertain to specialized professional services that are not easily classified under other existing categories, indicative of FiscalNote's niche expertise in providing legislative and economic data services to governments and other organizations.
### Recipient Details
FiscalNote, Inc. is the recipient of this contract. It is a U.S.-owned business based in Washington, D.C., located at 1201 Pennsylvania Ave NW. The company is characterized as a corporate entity not exempt from taxes and is not designated a small business, which is typical for larger, established enterprises capable of handling significant government engagements. FiscalNote is renowned for its comprehensive platform that offers insight into legislative, regulatory, and policy issues, leveraging technology to provide actionable data.
### Transactions Breakdown
The contract includes multiple transactions, each representing modifications or updates to the original terms. Key transactions include:
1. **Transaction on 2023-11-30 (Modification 0):**
- Amount: $11,008.19
- This initial transaction represents a substantial portion of the total obligation, indicating a significant initial outlay for onboarding or setup of services.
2. **Transaction on 2024-03-28 (Modification P00001):**
- Amount: $1,386
- This likely reflects an early modification adjusting some components of the service, possibly aligning deliverables with initial user requirements or addressing unforeseen implementation details.
3. **Transaction on 2024-12-16 (Modification P00002):**
- Amount: $13,242.44
- As the largest single modification so far, this could represent a scaling of services or an expansion in the scope to accommodate additional user needs or features.
4. **Transaction on 2025-04-10 (Modification P00003):**
- Amount: $0
- Although it notes zero additional transaction value, the presence of this modification suggests administrative updates, such as revising contract clauses or the extension of service terms.
### Contractual and Competitive Aspects
The contract involved a full and open competition process categorized under "Extent Competed" as "A," signifying that the awarding of the contract followed rigorous competitive procedures. This ensures that the contract was awarded based on merit and best value, typical of high-value government contracts where transparency and accountability are paramount.
### Implications for FiscalNote
For FiscalNote, securing this government contract underlines its strong positioning as a trusted supplier of information services capable of meeting the specialized needs of federal bodies such as the Library of Congress. With a firm-fixed-price agreement, FiscalNote is tasked with delivering specified services at agreed costs, barring any extensive renegotiations.
### Conclusion
This contract award exemplifies the critical role of information service providers like FiscalNote in supporting the operational and strategic needs of government agencies. As federal operations increasingly rely on timely and accurate information for making policy decisions, contracts of this nature highlight the intersections of technology, data analytics, and governance. Through the meticulous competitive process and structured financial obligations encapsulated in this award, the underlying transactions shed light on the federal commitment to leveraging modern information systems for enhanced public service delivery.
Contract Details
Agency Details
Recipient Details
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Award Transactions
Departmental Offices, a sub agency of Department of the Interior, issued a payment of $0.00 to FISCALNOTE, INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Departmental Offices, a sub agency of Department of the Interior, issued a payment of $13,242.44 to FISCALNOTE, INC. The payment included a Subsidy Cost of $0.00.
Departmental Offices, a sub agency of Department of the Interior, issued a payment of $1,386.00 to FISCALNOTE, INC. The payment included a Subsidy Cost of $0.00.
Departmental Offices, a sub agency of Department of the Interior, issued a payment of $11,008.19 to FISCALNOTE, INC. The payment included a Subsidy Cost of $0.00.