Department of Justice Awarded a Contract to EXPERIAN INFORMATION SOLUTIONS INC for $1,832.51

Summary of Award

In a detailed review of the awarded contract data from usaspending.gov, we discover an agreement between the U.S. federal government and Experian Information Solutions Inc., a prominent entity in the credit reporting sector. This narrative will unravel the intricacies of the contract, delve into transaction specifics, and examine the role of the recipient, Experian Information Solutions Inc.

### Overview of the Award

The award under scrutiny, identified by the code "CONT_AWD_15JC1V23F00000064_1501_GS23F0356P_4730," is a delivery order contract type, a common choice for fulfilling repetitive needs for goods or services. The award's inception occurred on August 9, 2023, with the performance period extending from October 1, 2023, to September 30, 2024. An agreement with a total obligation of $1,832.51, it is specifically earmarked for credit reporting services for the Fiscal Year 2024 starting October 1, 2023. ### Funding and Awarding Agencies Both the funding and awarding responsibilities lie with the Department of Justice (DOJ), specifically its Offices, Boards, and Divisions. This alignment underscores the DOJ's preference for consolidated financial and contractual management. The Department of Justice's Civil Division is directly engaged, signifying a likely focus on maintaining the integrity of credit information systems crucial for its operations. ### Parent Award and Administrative Framework The contract traces its administrative lineage to a parent award managed by the General Services Administration's Federal Acquisition Service, hinting at the procurement's origin through an established Federal Supply Schedule (FSS). This framework ensures streamlined acquisition and allows multiple agency access, optimizing government resource allocation. ### Nature of Services Experian Information Solutions Inc. is contracted to deliver "support- administrative: credit reporting" services under the likely NAICS code 561450, which pertains to Credit Bureaus. Such services are pivotal for the government agency's need to secure reliable credit reporting, likely assisting in assessments, fraud prevention, and financial decision-making. ### Recipient Profile Experian Information Solutions Inc. is part of the Experian group, with its U.S. operations based in Santa Ana, California. With its headquarters in the heart of Orange County, Experian is recognized as a U.S.-owned business within the broader umbrella of Vector Capital Management, L.P. The company, known for its comprehensive range of services spanning credit reporting to analytic solutions, plays a pivotal role in financial services by providing crucial data and insights for risk management. ### Transactions Considerable scrutiny is merited with respect to the transactions involved in this award: 1. **Transaction on August 9, 2023:** - This initial transaction recorded an amount of $0, symbolizing the starting point of the contract execution once the agreement was in place. 2. **Transaction on October 12, 2023:** - A significant obligation of $5,575 is recorded. This transaction embeds the total account obligation under DEF Code "Q," earmarking the commencement of service utilization and the financial commitment binding the parties. 3. **Transaction Modification on April 10, 2025:** - An adjustment indicates a negative financial transaction of -$3,742.49. This negative entry typically represents a de-obligation or adjustment post-service delivery, possibly reflecting un-utilized funds or contractual adjustments after the contract’s performance period. ### Contractual Dynamics The contractual engagement rationale indicates none preference evaluated, pricing akin to a firm-fixed price contract, and the transaction executed under full and open competition. Being a commercial item acquisition, it aligns with governmental policies fostering competition and transparency. ### Conclusion The awarded contract to Experian Information Solutions Inc. encapsulates an intricate interplay between federal needs for reliable credit data and private sector provision of these services. Facilitated by the DOJ, the contract promises to furnish administrative credit reporting support essential for federal operations. Through a combination of competitive procurement strategies, business acumen of Experian, and governmental oversight, the objectives are clearly aligned to capitalize on Experian's expertise in credit reporting. The transactions elucidate the stages of financial commitments and adjustments, painting a robust financial narrative that underscores the agility and responsiveness inherent in government procurement processes.