General Services Administration Awarded a Contract to SPN SOLUTIONS INC for $50,000,000,000.00

Summary of Award

The JSON data provided outlines a comprehensive view of a contract awarded by the US federal government to SPN Solutions Inc., a company primarily focused on the provision of computer systems design services. This contract is administered by the General Services Administration (GSA), through its Federal Acquisition Service (FAS), a key entity within the federal procurement landscape. The contract is identified by the award ID "47QTCB21D0180" and belongs to the broader category of Government-Wide Acquisition Contracts (GWAC).

GWACs are a type of interagency contract that allow multiple agencies to procure goods and services under a single contract. This mechanism is popular for acquiring IT services due to its efficiency and effectiveness in cost management. The specific contract here is part of the "8(A) STARS III" program, which focuses on small businesses and minority-owned enterprises, such as SPN Solutions Inc., a Black American-Owned Business and a participant in the 8(a) Business Development Program. This program is aimed at leveling the playing field for small businesses owned by socially and economically disadvantaged individuals.

SPN Solutions Inc., the recipient of this award, is based in Fairfax, Virginia. The company offers services primarily in the realm of Computer Systems Design, as indicated by its classification under the NAICS code 541512. Their expertise in IT and telecommunications, particularly in business application and application development support services, positions them as a significant player in this contract. The contract was signed on June 17, 2021, and the period of performance began on July 2, 2021, extending potentially until July 1, 2026. This five-year contract reflects a substantial commitment to SPN Solutions Inc., aligning with the GSA’s strategic priorities in managing and leveraging technology assets across the federal enterprise. One of the most notable aspects of the contract is its substantial ceiling value of $50 billion, a testament to the scale and potential impact of the services to be rendered over its lifespan. Despite this high ceiling, the "total_obligation" to date stands at zero, indicating the contract may be structured to allow room for flexibility and adjustment as needs arise over time. Significantly, the contract operates under a negotiated proposal process, characterized by full and open competition after the exclusion of certain sources. This approach suggests rigorous competitive standards were applied, ensuring that SPN Solutions Inc. met or exceeded the requisite benchmarks for contract award. The lack of cost or pricing data might imply that detailed financial analyses and evaluations were conducted separately on a per-order basis, allowing for dynamic pricing models tailored to specific project scopes within the overarching contract framework. Transactions related to this contract reveal a series of modifications, labeled from P00003 to P00008, spanning from October 15, 2021, to April 10, 2025. Each transaction appears, in terms of transaction amounts, to reflect administrative changes or updates rather than financial disbursements. The repeated modifications without financial allocations suggest continuous adjustments to contractual terms, scope, or perhaps compliance with evolving regulatory standards, a common practice in large, multi-year government contracts. The recipient's business categories highlight its participation in the 8(a) Program and designation as both a small and minority-owned enterprise. This emphasizes the contract’s alignment with federal objectives to support diverse vendors and ensure that small businesses have equitable opportunities for contracting with the government. The GSA, known for its pivotal role in supplying products and services to federal agencies, is the funding and awarding body for this contract. The GSA, through its FAS, specializes in delivering effective IT solutions and enhancing the provision of these services to various governmental entities. This contract further reinforces their mission to efficiently manage public resources while fostering innovations in IT service delivery. Despite the absence of direct financial exchanges captured in this data, the outlined transactions and modifications underscore the dynamism and strategic importance of the contract. The emphasis on IT and telecom services within the public sector reflects ongoing federal priorities in cybersecurity, network enhancement, and digital transformation. In conclusion, this awarded contract to SPN Solutions Inc. represents a strategic venture into enhancing IT capabilities across federal agencies. As a minority-owned small business, SPN Solutions is well-positioned to bring innovative approaches to IT systems design in alignment with the government’s broader objectives. The contract’s structure allows for agility and responsive developments, ensuring adaptability as technological needs and federal requirements evolve over the contract’s duration.