DoD Awards $76M R&D Task Order to Radiance Technologies Inc. Under Full and Open Competition

Contract Overview

Contract Amount: $76,192,965 ($76.2M)

Contractor: Radiance Technologies Inc

Awarding Agency: Department of Defense

Start Date: 2010-08-11

End Date: 2017-07-06

Contract Duration: 2,521 days

Daily Burn Rate: $30.2K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: R&D

Official Description: NEW TASK ORDER

Place of Performance

Location: HUNTSVILLE, MADISON County, ALABAMA, 35898

State: Alabama Government Spending

Plain-Language Summary

Department of Defense obligated $76.2 million to RADIANCE TECHNOLOGIES INC for work described as: NEW TASK ORDER Key points: 1. Significant R&D investment in physical, engineering, and life sciences. 2. Full and open competition suggests potential for competitive pricing. 3. Long duration (2521 days) may indicate complex or ongoing research needs. 4. Firm Fixed Price contract type aims to control costs. 5. Awarded to a single contractor, Radiance Technologies Inc.

Value Assessment

Rating: fair

The contract is a firm fixed price delivery order, which is a standard pricing structure. Without specific performance metrics or comparison data for similar R&D tasks, assessing the value is difficult. The large award amount suggests a substantial project.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and allows the government to select the best value offering.

Taxpayer Impact: The use of full and open competition is generally favorable for taxpayers as it aims to secure the best possible price and quality through market forces.

Public Impact

Research and Development funding supports innovation and technological advancement. The Department of the Army's investment could lead to new capabilities. Long-term contract may provide stability for the awarded company and its employees.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology), a sector often characterized by innovation and specialized expertise. Spending benchmarks for this NAICS code can vary widely based on project scope and duration.

Small Business Impact

The data indicates this award went to Radiance Technologies Inc. and does not specify any subcontracting goals or participation from small businesses. Further investigation would be needed to determine the extent of small business involvement.

Oversight & Accountability

The firm fixed price contract type provides a degree of cost control. However, the long duration of the task order necessitates ongoing oversight to ensure project milestones are met and funds are used effectively.

Related Government Programs

Risk Flags

Tags

research-and-development-in-the-physical, department-of-defense, al, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $76.2 million to RADIANCE TECHNOLOGIES INC. NEW TASK ORDER

Who is the contractor on this award?

The obligated recipient is RADIANCE TECHNOLOGIES INC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $76.2 million.

What is the period of performance?

Start: 2010-08-11. End: 2017-07-06.

What specific R&D outcomes or deliverables are expected from this $76 million task order, and how will their success be measured?

The specific R&D outcomes are not detailed in the provided data. Success measurement would typically involve predefined milestones, technical reviews, prototype demonstrations, or the delivery of research reports and analyses. The effectiveness of the R&D investment hinges on achieving these specific, measurable, achievable, relevant, and time-bound (SMART) objectives within the allocated budget and timeframe.

Given the long duration and significant value, what are the primary risks associated with this contract, and what mitigation strategies are in place?

Primary risks include scope creep, technological obsolescence, contractor performance issues, and potential cost overruns despite the fixed-price structure. Mitigation strategies might involve robust contract management, regular technical reviews, clear performance metrics, and contingency planning for unforeseen challenges. The government's oversight team plays a crucial role in identifying and addressing these risks proactively.

How does the $76 million investment in R&D by the Department of the Army align with broader strategic goals or technological priorities?

This significant R&D investment likely aligns with the Department of the Army's strategic goals to maintain technological superiority and address emerging threats or operational needs. The specific focus (NAICS 541712) suggests advancements in areas like advanced materials, sensors, communication systems, or other physical and engineering sciences critical for defense applications. Understanding the specific project objectives would clarify its strategic importance.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesScientific Research and Development ServicesResearch and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 350 WYNN DR NW, HUNTSVILLE, AL, 35805

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $147,024,122

Exercised Options: $76,192,965

Current Obligation: $76,192,965

Contract Characteristics

Commercial Item: COMMERCIAL ITEM

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: W31P4Q09A0018

IDV Type: IDC

Timeline

Start Date: 2010-08-11

Current End Date: 2017-07-06

Potential End Date: 2017-07-06 12:07:00

Last Modified: 2022-04-22

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