M&A: There is a new face on the VA T4NG Prime landscape

G2X TAKE: With the mid-way point of this $22.3B IDIQ contract on the near horizon, we are continuing to see big moves as firms position for the 2nd half, and the news that this SDVOSB joint-venture has gained Prime access to T4NG will have a clear and immediate impact on the competitive landscape.  

After recently completing novation of the contract, service-disabled Veteran-owned Sprezzatura-GovernmentCIO Joint Venture is now identified as a Prime contract holder on the VA T4NG IDIQ.  

The T4NG Prime contract they are taking over was previously held by SDVOSB Intelligent Waves. Specific details related to the acquisition of the Veterans Affairs Operating Division from Intelligent Waves are not available at this time.  

The move to have one of the most successful Prime contractor awardees on T4NG to date in GovernmentCIO join up with Sprezzatura, an SDVOSB professional services consultancy focused on Government transformation, health IT, benefits claims processing, and project execution, is clearly a big move as GovernmentCIO, who was set to lose their small business status after the upcoming re-certification, now adds a go-to partner and contract vehicle option to ensure they can maintain their status as a major partner to the Department of Veterans Affairs for years to come.  

Sprezzatura Background  

  • Led by Sprezzatura CEO Joe Cosentino, this SDVOSB professional services consultancy is by no means a new face to the Department of Veterans Affairs. In addition to having secured a Prime spot on the $25B VA VECTOR IDIQ, Sprezzatura maintains a broad set of past performance in support of the Agency ranging from Enterprise business support services and Integrated Master Schedule (IMS) support to providing support for VA’s Chapter 33 project and insurance claim and financial applications at the VA Financial Service Center. Joe Cosentino is identified as the Managing Member of this new Joint-Venture on SAM.  

GovernmentCIO Background  

Included below is a snapshot of Prime obligations by Fiscal Year for GovernmentCIO.

 

Federal contracting data provided to G2Xchange by Federal Compass; Date: April 2020

 

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