DoD's $40.5M Tinker Remediation Contract with Versar, Inc. Awarded via Full and Open Competition

Contract Overview

Contract Amount: $40,535,304 ($40.5M)

Contractor: Versar, Inc.

Awarding Agency: Department of Defense

Start Date: 2011-07-27

End Date: 2022-10-15

Contract Duration: 4,098 days

Daily Burn Rate: $9.9K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 4

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: TINKER PERFORMANCE BASED REMEDIATION

Place of Performance

Location: TINKER AFB, OKLAHOMA County, OKLAHOMA, 73145

State: Oklahoma Government Spending

Plain-Language Summary

Department of Defense obligated $40.5 million to VERSAR, INC. for work described as: TINKER PERFORMANCE BASED REMEDIATION Key points: 1. The contract value is substantial at over $40.5 million. 2. Versar, Inc. is the sole awardee for this performance-based remediation service. 3. The contract spans over 11 years, indicating a long-term need. 4. The sector is Defense, specifically Air Force environmental remediation.

Value Assessment

Rating: good

The contract is performance-based, which can lead to better value if outcomes are clearly defined and met. The firm-fixed-price structure helps control costs. Benchmarking per-unit cost is difficult without specific remediation task details.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'Full and Open Competition After Exclusion of Sources,' suggesting a competitive process was initiated but specific sources were initially considered. This method aims for fair pricing through competition.

Taxpayer Impact: The competitive award process is intended to ensure taxpayer funds are used efficiently for necessary environmental remediation services.

Public Impact

Environmental cleanup at Tinker Air Force Base ensures compliance and reduces long-term environmental liabilities. The long contract duration suggests ongoing environmental challenges requiring sustained remediation efforts. Performance-based aspects incentivize Versar, Inc. to achieve specific cleanup goals efficiently.

Waste & Efficiency Indicators

Waste Risk Score: 75 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Defense sector, specifically focusing on environmental remediation services. Spending in this area is critical for maintaining military readiness and environmental stewardship, with benchmarks varying widely based on the scope and complexity of remediation required.

Small Business Impact

The data does not indicate if small businesses were involved as subcontractors. The primary awardee, Versar, Inc., is not typically classified as a small business. Further analysis would be needed to assess small business participation.

Oversight & Accountability

The performance-based nature of the contract suggests oversight will focus on achieving defined remediation outcomes. The long duration necessitates consistent monitoring by the Air Force to ensure contractor performance and cost control.

Related Government Programs

Risk Flags

Tags

remediation-services, department-of-defense, ok, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $40.5 million to VERSAR, INC.. TINKER PERFORMANCE BASED REMEDIATION

Who is the contractor on this award?

The obligated recipient is VERSAR, INC..

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Air Force).

What is the total obligated amount?

The obligated amount is $40.5 million.

What is the period of performance?

Start: 2011-07-27. End: 2022-10-15.

What specific environmental remediation tasks are covered under this contract, and how are they benchmarked against industry standards?

The provided data lacks specifics on the exact remediation tasks. Performance-based contracts aim to achieve outcomes, making direct task-based benchmarking difficult. However, the success of the contract hinges on Versar, Inc. meeting predefined environmental quality standards and cleanup goals within the agreed-upon budget and timeframe.

What are the primary environmental risks being addressed, and what is the potential long-term liability if remediation is unsuccessful?

The primary risks are likely related to soil and groundwater contamination from historical operations at Tinker AFB. Inadequate remediation could lead to long-term environmental damage, potential health hazards, and significant future cleanup costs, increasing the government's overall liability.

How effectively has Versar, Inc. performed on similar remediation contracts, and what is the agency's assessment of their effectiveness in this instance?

The 'st' and 'sn' fields are marked 'OK', suggesting satisfactory performance and status. However, detailed effectiveness metrics are not provided. A deeper dive into past performance reviews and contract modifications would offer a clearer picture of Versar's effectiveness on this specific contract.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation ServicesRemediation and Other Waste Management ServicesRemediation Services

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 4

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Kingswood Capital Management, LLC

Address: 6850 VERSAR CTR, SPRINGFIELD, VA, 22151

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

Financial Breakdown

Contract Ceiling: $44,377,608

Exercised Options: $40,535,304

Current Obligation: $40,535,304

Subaward Activity

Number of Subawards: 3

Total Subaward Amount: $299,431

Contract Characteristics

Consolidated Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: FA890309D8588

IDV Type: IDC

Timeline

Start Date: 2011-07-27

Current End Date: 2022-10-15

Potential End Date: 2022-10-15 00:00:00

Last Modified: 2022-09-19

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