SEC Program Management Offices Support Services

The Securities and Exchange Commission awarded a Master IDIQ for Program Management Offices Support Services on June 1, 2015, with ordering authority that closed on May 31, 2020—this vehicle is no longer accepting new orders. The contract provided portfolio, program, and project management, requirement management, business process management, strategic planning, and budget cost management support across SEC headquarters in Washington, DC, the eleven regional offices, and any location where the SEC operates.

The vehicle is substantially spent. The SEC issued 27 task orders with a combined potential value of $168.5 million, of which $123.8 million (73%) has been obligated. The most recent order was awarded in September 2018, nearly eight years ago. Activity was front-loaded to the initial year following award, when 16 orders were issued; subsequent ordering fell to 1 order in 2016, then rebounded to 4 orders in 2017 and 6 in 2018 before ceasing.

Awarded work spans program support and business process improvement, cybersecurity compliance and privacy assurance, quality assurance and quality control, database administration, records management, and enterprise agile implementation. Pricing models included firm fixed price, labor hours, and time and materials engagements ranging from under $68,000 to over $13.6 million in ceiling value.

Competition is moderately concentrated among nine prime contractors. The top three—Variq Corporation ($24.3 million combined potential value, 5 orders), International Business Machines Corporation ($25 million, 3 orders), and Enterprise Resource Performance, LLC ($9.9 million, 5 orders)—captured 58% of combined potential value across 13 orders. STG LLC holds the single largest task order at $40.7 million. The remaining six firms hold the balance. All orders fund SEC programs exclusively.

About 74% of orders were unrestricted; small-business set-asides account for 26% of the task-order portfolio, split across 8(a) sole-source and competitive designations. The shared ceiling was $250 million against which the portfolio obligated $123.8 million.

The Program Management Offices (PMO) Support Services requirement is to provide comprehensive Portfolio, Program and Project Management, Requirement Management, Business Process Management, Strategic Planning, Budget Cost Management and other related management support services for SEC Programs, Projects, Acquisitions, and Enterprise Services. SEC's Programs, Projects, Investments, Enterprise Services, and other Initiatives are at different phases of the Acquisition Life Cycle. The Contractor shall provide these support services to the SEC Headquarter Offices in Washington, DC, the eleven Regional Offices and in any location where the SEC operates in the future.