Department of Homeland Security Awarded a Contract to V3GATE, LLC for $9,299,244.51

Summary of Award

The US federal government awarded a substantial contract to V3GATE, LLC through a delivery order labeled as "70T01020F9NOTD006." This contract, finalized on August 6, 2020, by the Department of Homeland Security through the Transportation Security Administration (TSA), involves the provision of an online learning center subscription system's SAP NS2 Software as a Service (SaaS) for 144,000 licenses. The contract, known as CONT_AWD_70T01020F9NOTD006_7013_NNG15SD27B_8000, represents significant investment and collaboration between the federal government and V3GATE, a company based in Colorado Springs, Colorado.

**V3GATE, LLC** is categorized as a Hispanic American Owned Business, and it is also classified under various business categories, including being a service-disabled, veteran-owned, and minority-owned small business. The firm operates as a limited liability corporation and is recognized for its commitment to diversity and inclusion within the U.S. business community. The company's primary focus is on providing IT-related services, aligning with its involvement in this contract, which concerns information technology software.

The broader context of this contract indicates a partnership with the National Aeronautics and Space Administration (NASA) for the purchase of IT software. This aligns with V3GATE's NAICS classification ("541519 - Other Computer Related Services"), suggesting that the company delivers complex IT solutions that can support substantial governmental operations. The total financial obligation under this contract amounts to $9,065,314.85, and the base and all options sum up to $9,299,244.51. Over time, $5,998,516.32 was classified as the total account outlay, demonstrating close to two-thirds of the project's financial commitment during its progression. This financial data points to a structured disbursement trajectory consistent with the project's scope and the government's budgeting strategy. Analyzing the sequences of transactions tied to this contract provides insight into the financial maneuvers and adjustments undertaken throughout its lifecycle: - Notably, the first transaction was recorded on the date the contract was signed (August 6, 2020), involving an initial funding of $1,534,930.56. This set a financial foundation and provided the necessary capital for V3GATE, LLC to commence the contractual obligations. - Subsequent transactions underscore the continual re-evaluation and refinements in the financial commitments. For instance, the action on June 25, 2021, reflects a negative transaction amount of -$209,420.46, likely indicative of contract modifications or realignment of previously allocated funding. - Further augmentations in the contract saw a significant positive monetary amendment on March 31, 2023, with a transaction amount of $1,648,132.08. This suggests an increased scope or enhanced functionality requirements within the software service provision. Overall, the multiple transactions contribute to an evolving financial landscape, demonstrating a dynamic approach to managing the contract. The awarding agency, namely the TSA, under DHS, supported this adaptive strategy, ensuring alignment with federal procurement protocols and achieving project goals efficiently. Review of executive details reveals that V3GATE's leadership team, including key figures like Oscar T. Valdez and Thaddeus R. Rzonca, among others, received substantial officer compensation. These monetary distributions uphold the strategic direction and business development imperatives of the company, bolstering executive performance incentives aligned with company success. Reflecting on the structure of the contractual pricing, it embodies a "Firm Fixed Price" model, which underscores budget certainty for the government while ensuring V3GATE, LLC adheres to specified deliverables without costs overruns. Additionally, the project's competitive nature is affirmed by "Full and Open Competition After Exclusion of Sources," with a unique emphasis on small business set-asides. In summary, this contract serves as a significant business opportunity for V3GATE, LLC, emblematic of the federal government's commitment to leveraging small and minority-owned enterprises to fulfill complex IT requirements. It encapsulates a partnership wherein government objectives in technological enhancement are met through the private sector's specialized capabilities. As DHS and TSA continue to oversee the contract until its potential end date in 2025, both federal and corporate stakeholders anticipate achieving advanced IT solutions, fostering innovation through strategic public-private collaboration.