Army Obligates $108M for Aluminum Sheet, Plate, and Foil Manufacturing via Non-Competed Delivery Order

Contract Overview

Contract Amount: $108,384,866 ($108.4M)

Contractor: Colt Defense LLC

Awarding Agency: Department of Defense

Start Date: 2007-08-28

End Date: 2008-11-30

Contract Duration: 460 days

Daily Burn Rate: $235.6K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: DELIVERY ORDER 0001 AGAINST CONTRACT. OBLIGATE MINIMUN GUARANTEED QUANTITY.

Place of Performance

Location: WEST HARTFORD, HARTFORD County, CONNECTICUT, 06110

State: Connecticut Government Spending

Plain-Language Summary

Department of Defense obligated $108.4 million to COLT DEFENSE LLC for work described as: DELIVERY ORDER 0001 AGAINST CONTRACT. OBLIGATE MINIMUN GUARANTEED QUANTITY. Key points: 1. Significant contract value of $108.4M for aluminum products. 2. Sole-source award raises questions about price discovery and competition. 3. Potential risk associated with a single supplier for critical materials. 4. Spending falls within the Aluminum Sheet, Plate, and Foil Manufacturing sector.

Value Assessment

Rating: questionable

The contract value of $108.4M is substantial. Without competitive bidding, it's difficult to assess if this price represents fair market value compared to similar contracts for aluminum products.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This delivery order was not competed, indicating a sole-source award. This limits price discovery and potentially leads to higher costs for taxpayers as there was no market pressure to offer the best price.

Taxpayer Impact: The lack of competition in this large contract may result in taxpayers paying more than necessary for aluminum products.

Public Impact

Taxpayers may be overpaying due to the absence of competitive bidding. Reliance on a single supplier could impact supply chain resilience. The Department of Defense is procuring essential materials for its operations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under the Aluminum Sheet, Plate, and Foil Manufacturing sector. Spending benchmarks for this sector are difficult to ascertain without more specific product details and market data, but $108M is a significant amount.

Small Business Impact

The data indicates this contract was not awarded to a small business, as 'sb' is false. Further analysis would be needed to determine if small businesses were subcontracting opportunities.

Oversight & Accountability

The 'CT' (Contracting agency) and 'SA' (Sub-agency) fields suggest oversight within the Department of the Army. However, the sole-source nature of the award warrants scrutiny regarding the justification for not competing.

Related Government Programs

Risk Flags

Tags

aluminum-sheet-plate-and-foil-manufactur, department-of-defense, ct, do, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $108.4 million to COLT DEFENSE LLC. DELIVERY ORDER 0001 AGAINST CONTRACT. OBLIGATE MINIMUN GUARANTEED QUANTITY.

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 $108.4 million.

What is the period of performance?

Start: 2007-08-28. End: 2008-11-30.

What was the justification for awarding this contract as sole-source instead of competing it?

The justification for a sole-source award typically involves specific circumstances such as the existence of only one responsible source, urgent and compelling needs, or national security requirements. Without further documentation, the specific reason for this non-competed delivery order remains unclear and warrants investigation to ensure taxpayer funds were used appropriately.

What is the risk associated with relying on a single supplier for this critical aluminum material?

Relying on a single supplier, especially for a significant quantity of material, poses risks to the supply chain. Disruptions at the supplier's facility, geopolitical issues, or the supplier's own financial stability could lead to shortages or delays, impacting the Department of Defense's operational readiness. This also reduces leverage for future price negotiations.

How does the pricing of this contract compare to industry benchmarks for similar aluminum products?

Without access to the specific type and grade of aluminum, as well as current market prices, a direct comparison is challenging. However, the absence of competition inherently limits the ability to benchmark against market rates. A thorough review of historical pricing for similar DoD contracts and commercial market data would be necessary to assess value for money.

Industry Classification

NAICS: ManufacturingAlumina and Aluminum Production and ProcessingAluminum Sheet, Plate, and Foil Manufacturing

Product/Service Code: WEAPONS

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

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

Address: 547 NEW PARK AVE, WEST HARTFORD, CT, 01

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $108,384,866

Exercised Options: $108,384,866

Current Obligation: $108,384,866

Contract Characteristics

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: W52H0907D0425

IDV Type: IDC

Timeline

Start Date: 2007-08-28

Current End Date: 2008-11-30

Potential End Date: 2008-11-30 00:00:00

Last Modified: 2011-02-08

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