CREDENCE MANAGEMENT SOLUTIONS LIMITED LIABILITY COMPANY - ADMIN SERVICES

PIID: 15F06722C0000662

Signed Date: Aug 24, 2022Effective Date: Sep 28, 2022End Date: Closes in 335 days

Award $

$58.8M

Vendor

CREDENCE MANAGEMENT SOLUTIONS LIMITED LIABILITY COMPANY

NAICS

541611

Signed Date

Aug 24, 2022

Key Details

Dollars Obligated

$58.8M

Base & All Options

$64.1M

Awarding Agency

Department of Justice

Awarding Sub-Agency

Federal Bureau of Investigation

NAICS Code

541611 - ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES

Product Service Code

R499 - SUPPORT- PROFESSIONAL: OTHER

Extent Competed

FULL AND OPEN COMPETITION

Number of Offers

Place of Performance

HYATTSVILLE, MD

Description

ADMIN SERVICES

Context & Analysis

On Aug 24, 2022, Department of Justice obligated $58,841,780.89 to CREDENCE MANAGEMENT SOLUTIONS LIMITED LIABILITY COMPANY for admin services. The award is classified under NAICS 541611 — ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES. Competition extent: full and open competition with 5 offers received. The procurement used a NO SET ASIDE USED. set-aside. Performance is located in HYATTSVILLE, MD. The contract is scheduled through Sep 27, 2027 — approximately 11 months remaining. This award is one of several similar procurements from Department of Justice under NAICS 541611 — related awards are listed below.

Market context

Recompete outlook: Ends Sep 27, 2027, in 11 months. Recompete signal as of Oct 18, 2026: 50/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
Competition: Competed, with 5 offers. 83% of 967 awards in this market (Department of Justice awards in NAICS 541611 over the last 3 years) were competed; median 3 offers.
Award size: At $58.8M, this award is larger than 19 in 20 of the 1158 priced Department of Justice awards in NAICS 541611 over the last 3 years (median $249K).
Incumbent at this agency: CREDENCE MANAGEMENT SOLUTIONS LIMITED LIABILITY COMPANY has 12 other awards from Department of Justice, totalling $32.8M, 2024–2026.
Largest vendors in this market: By obligations, Department of Justice awards in NAICS 541611 over the last 3 years.
AMENTUM HOLDINGS INC. — 386 awards, $211.4M
BAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC. — 1 award, $168.9M
VERITAS CAPITAL FUND MANAGEMENT, L.L.C. — 13 awards, $109.7M
ECS FEDERAL, LLC — 2 awards, $108.2M
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