GOVERNMENT RETIREMENT & BENEFITS, INC. - GOVERNMENT RETIREMENT BENEFITS SERVICE CONTRACT

PIID: 36C77622C0162Solicitation ID: 36C77622R0118

Signed Date: Sep 26, 2022Effective Date: Sep 26, 2022End Date: Closes in 333 days

Award $

$11.7M

Vendor

GOVERNMENT RETIREMENT & BENEFITS, INC.

NAICS

541611

Signed Date

Sep 26, 2022

Key Details

Dollars Obligated

$11.7M

Base & All Options

$11.7M

Awarding Agency

Awarding Sub-Agency

Department of Veterans Affairs

NAICS Code

Product Service Code

R406 - SUPPORT- PROFESSIONAL: POLICY REVIEW/DEVELOPMENT

Extent Competed

FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers

Place of Performance

ALEXANDRIA, VA

GOVERNMENT RETIREMENT BENEFITS SERVICE CONTRACT

On Sep 26, 2022, Department of Veterans Affairs obligated $11,689,525 to GOVERNMENT RETIREMENT & BENEFITS, INC. for government retirement benefits service contract. The award is classified under NAICS 541611 — ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES. Competition extent: full and open competition after exclusion of sources with 2 offers received. The procurement used a SMALL BUSINESS SET ASIDE - TOTAL set-aside. Performance is located in ALEXANDRIA, VA. The contract is scheduled through Sep 25, 2027 — approximately 11 months remaining.

Recompete outlook: Ends Sep 25, 2027, in 11 months. Recompete signal as of Oct 25, 2026: 40/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
Competition: Competed, with 2 offers. 86% of 516 awards in this market (Department of Veterans Affairs awards in NAICS 541611 over the last 3 years) were competed; median 3 offers.
Award size: At $11.7M, this award is larger than three in four of the 541 priced Department of Veterans Affairs awards in NAICS 541611 over the last 3 years (median $1.3M).
Incumbent at this agency: GOVERNMENT RETIREMENT & BENEFITS, INC. has 3 other awards from Department of Veterans Affairs, totalling $506K, 2022–2025.
Largest vendors in this market: By obligations, Department of Veterans Affairs awards in NAICS 541611 over the last 3 years.
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