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
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
- Potential for price increases over the long contract duration.
- Dependence on a single contractor for critical components.
Positive Signals
- Awarded under competitive procedures.
- Clear contract end date.
- Firm Fixed Price contract type.
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
- Small Arms, Ordnance, and Ordnance Accessories Manufacturing
- Department of Defense Contracting
- Department of the Army Programs
Risk Flags
- Long contract duration may lead to price volatility.
- Potential for sole-source dependency if follow-on contracts are not competitively bid.
- Reliance on a single contractor for critical defense materiel.
- Unspecified item details hinder precise cost-effectiveness analysis.
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: Manufacturing › Other Fabricated Metal Product Manufacturing › Small 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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