DoD Awards $23.6M for Small Arms, Ordnance to Colt Defense LLC Under Full and Open Competition

Contract Overview

Contract Amount: $23,617,504 ($23.6M)

Contractor: Colt Defense LLC

Awarding Agency: Department of Defense

Start Date: 2014-03-06

End Date: 2017-10-31

Contract Duration: 1,335 days

Daily Burn Rate: $17.7K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: DELIVERY ORDER 0001 TO MEET THE CONTRACT MINIMUM WITH ADDITIONAL QUANTITIES INCLUDED.

Place of Performance

Location: WEST HARTFORD, HARTFORD County, CONNECTICUT, 06110

State: Connecticut Government Spending

Plain-Language Summary

Department of Defense obligated $23.6 million to COLT DEFENSE LLC for work described as: DELIVERY ORDER 0001 TO MEET THE CONTRACT MINIMUM WITH ADDITIONAL QUANTITIES INCLUDED. Key points: 1. Significant award to Colt Defense LLC for essential small arms and ordnance. 2. Full and open competition after exclusion of sources indicates a structured procurement process. 3. The contract duration of 1335 days suggests a long-term supply need. 4. The award value of $23.6M represents a substantial investment in defense materiel.

Value Assessment

Rating: good

The contract value of $23.6M appears reasonable for a multi-year delivery order of small arms and ordnance. Benchmarking against similar DoD contracts for similar quantities and specifications would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The procurement method was 'Full and Open Competition After Exclusion of Sources'. This suggests that while initial sources might have been limited, the final award was made through a competitive process, likely ensuring fair market pricing.

Taxpayer Impact: The competitive nature of the award is expected to yield a fair price for taxpayers, avoiding excessive costs associated with sole-source or limited competition contracts.

Public Impact

Ensures continued availability of critical small arms and ordnance for military operations. Supports a key defense contractor, potentially preserving specialized manufacturing capabilities. Impacts soldiers and units relying on reliable weaponry. Contributes to the defense industrial base within Connecticut.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under the Manufacturing of Small Arms, Ordnance, and Ordnance Accessories sector. Spending in this area is critical for national defense, with benchmarks often tied to military readiness levels and geopolitical factors.

Small Business Impact

The data indicates that Colt Defense LLC, the awardee, is not a small business. Therefore, this specific award does not directly benefit small businesses, though the defense supply chain may indirectly involve them.

Oversight & Accountability

The contract was awarded by the Department of the Army, a component of the Department of Defense, which has established oversight mechanisms for defense procurements. The competitive nature of the award suggests a degree of accountability in the process.

Related Government Programs

Risk Flags

Tags

small-arms-ordnance-and-ordnance-accesso, department-of-defense, ct, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $23.6 million to COLT DEFENSE LLC. DELIVERY ORDER 0001 TO MEET THE CONTRACT MINIMUM WITH ADDITIONAL QUANTITIES INCLUDED.

Who is the contractor on this award?

The obligated recipient is COLT DEFENSE LLC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Army).

What is the total obligated amount?

The obligated amount is $23.6 million.

What is the period of performance?

Start: 2014-03-06. End: 2017-10-31.

What specific types of small arms and ordnance are included in this order, and how do their unit costs compare to historical averages or industry benchmarks?

The provided data does not specify the exact types of small arms and ordnance. A detailed breakdown of the items and their quantities would be necessary to perform a meaningful unit cost analysis against historical averages or industry benchmarks. This information is crucial for assessing the value for money and identifying potential cost efficiencies or overruns.

What were the specific reasons for excluding other sources initially, and how did this exclusion impact the final pricing and competition?

The exclusion of sources was likely based on specific technical requirements, existing contracts, or unique manufacturing capabilities. While 'Full and Open Competition After Exclusion of Sources' implies a competitive process was ultimately employed, the initial exclusion could have limited the pool of bidders, potentially affecting the intensity of competition and the final negotiated price. Further details on the justification for exclusion are needed.

How does the performance history of Colt Defense LLC on similar contracts influence the assessment of this award's effectiveness and risk?

Assessing the effectiveness and risk of this award requires examining Colt Defense LLC's past performance on comparable contracts. A history of on-time delivery, quality adherence, and cost control would indicate a lower risk and higher likelihood of effectiveness. Conversely, past issues could signal potential challenges in meeting the current contract's objectives, necessitating closer monitoring.

Industry Classification

NAICS: ManufacturingOther Fabricated Metal Product ManufacturingSmall Arms, Ordnance, and Ordnance Accessories Manufacturing

Product/Service Code: WEAPONS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Colt Defense Holding LLC (UEI: 603395794)

Address: 547 NEW PARK AVE,, W HARTFORD, CT, 06110

Business Categories: Category Business, Manufacturer of Goods, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $23,617,504

Exercised Options: $23,617,504

Current Obligation: $23,617,504

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: W15QKN14D0024

IDV Type: IDC

Timeline

Start Date: 2014-03-06

Current End Date: 2017-10-31

Potential End Date: 2017-10-31 00:00:00

Last Modified: 2017-10-20

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