ACCENTURE FEDERAL SERVICES LLC: $12.0M Department of Justice Contract
Summary
Accenture Federal Services LLC, a subsidiary of Accenture plc ($ACN), secured a $12.0 million BPA Call from the FBI for EPAS Services. This contract represents a negligible portion of Accenture's annual revenue and is a routine award for IT services.
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Key Takeaways
- 1.The $12.0M contract is a routine IT services award for Accenture Federal Services.
- 2.The financial impact on parent company Accenture plc ($ACN) is negligible due to its large revenue base.
- 3.No direct legislative connection from the provided bill signals to this specific contract.
Market Implications
This contract is a standard operational award for Accenture ($ACN) and is unlikely to have any material impact on its stock performance. Investors should not expect any significant movement in $ACN based on this award alone. The contract reinforces Accenture's continued presence in the federal IT sector but does not signal new growth opportunities or competitive shifts.
Full Analysis
Market Impact Score
Connected Signals
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Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Promoting Efficiency, Accountability, and Performance in Federal Contracting
This executive order mandates that federal agencies default to using fixed-price contracts for procurement, shifting away from cost-reimbursement models. It requires written justification and senior-level approval for any non-fixed-price contract over certain dollar thresholds (e.g., $10M for most agencies, $100M for the Department of War), and directs agencies to review and renegotiate their 10 largest non-fixed-price contracts within 90 days. The order also tasks OMB with implementation guidance and the Federal Acquisition Regulatory Council with proposing regulatory amendments within 120 days.
Contract Details
Recipient
ACCENTURE FEDERAL SERVICES LLC
Award Amount
$12,000,000
Awarding Agency
Department of Justice
Sub-Agency
Federal Bureau of Investigation
Contract Type
BPA CALL