16PBGC18A0010 - INFORMATION SECURITY SUPPORT SERVICES

This BPA contract for IT/Cyber Security, IT Hardware was awarded in FY2018 on Aug 7, 2018 to ZEN STRATEGICS LLC by DOL Pension Benefit Guaranty Corporation (PBGC). There have been $430.7k in obligations to date with a ceiling value of $3.3M, showing a 13% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 5 year duration with ultimate completion date of Aug 8, 2023.

ZEN STRATEGICS LLC is a contractor located in VA, doing primarily IT Outsourcing work for Education. The company receives $791k annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio. ZEN STRATEGICS LLC is a certified 8(a) contractor through Apr 14, 2025.

Blanket Purchase Agreements or BPAs establish a method for the Government to satisfy a repetitive need for goods and services. When a government-wide need exists for specific products or services, a BPA allows the Government to establish a single contract to satisfy those needs. Creating a single source for common needs enables the Government to use buying power to drive down prices and avoid the higher costs associated with hundreds or thousands of customers purchasing independently.

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Buying Agency/Office

Labor»DOL Pension Benefit Guaranty Corporation (PBGC)

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