DoD awards $31.3M R&D contract to Radiance Technologies Inc. for physical, engineering, and life sciences research

Contract Overview

Contract Amount: $31,344,795 ($31.3M)

Contractor: Radiance Technologies Inc

Awarding Agency: Department of Defense

Start Date: 2015-08-10

End Date: 2022-11-08

Contract Duration: 2,647 days

Daily Burn Rate: $11.8K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: R&D

Official Description: IGF::CT::IGF BASE AWARD

Place of Performance

Location: HUNTSVILLE, MADISON County, ALABAMA, 35805

State: Alabama Government Spending

Plain-Language Summary

Department of Defense obligated $31.3 million to RADIANCE TECHNOLOGIES INC for work described as: IGF::CT::IGF BASE AWARD Key points: 1. Contract value of $31.3M for R&D services. 2. Awarded under full and open competition. 3. Potential risks include scope creep and contractor performance. 4. Sector is Research and Development in Physical, Engineering, and Life Sciences.

Value Assessment

Rating: good

The contract value of $31.3M appears reasonable for a multi-year R&D effort. Benchmarking against similar contracts for specialized research services would provide a more definitive assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a robust price discovery process. This method typically leads to more competitive pricing.

Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by fostering a competitive environment.

Public Impact

Supports advanced research and development initiatives within the Department of Defense. Potential for technological advancements with broad applications. Contract duration spans over 7 years, indicating a long-term research objective.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Research and Development sector, specifically focusing on physical, engineering, and life sciences. Spending in this area is critical for technological advancement but can be subject to inherent uncertainties.

Small Business Impact

The data does not indicate if small businesses were involved in this contract. Further analysis would be needed to determine their participation.

Oversight & Accountability

Oversight would typically involve regular performance reviews, milestone tracking, and financial audits to ensure contract objectives are met and funds are used appropriately.

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 $31.3 million to RADIANCE TECHNOLOGIES INC. IGF::CT::IGF BASE AWARD

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 $31.3 million.

What is the period of performance?

Start: 2015-08-10. End: 2022-11-08.

What specific research areas are covered under this contract?

The contract falls under NAICS code 541712, 'Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)'. Specific research areas would be detailed in the contract's statement of work, which is not provided in this data. This could include areas like materials science, advanced manufacturing, or specific engineering challenges relevant to defense.

What are the key performance indicators (KPIs) for this R&D contract?

Key performance indicators for R&D contracts often focus on milestone achievement, successful prototype development, technical data delivery, and adherence to research timelines. Specific KPIs would be defined in the contract's performance work statement to measure the contractor's progress and the project's success in achieving its research objectives.

How does the $31.3M value compare to similar R&D contracts in the defense sector?

Without specific details on the scope and duration of comparable contracts, a precise benchmark is difficult. However, $31.3M over approximately 7 years for specialized R&D suggests a moderate investment. A detailed market analysis comparing contract values for similar research objectives and durations would be necessary for a robust comparison.

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

Parent Company: Radiance Technologies, Inc.

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: $45,360,455

Exercised Options: $31,344,795

Current Obligation: $31,344,795

Subaward Activity

Number of Subawards: 22

Total Subaward Amount: $662,622

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: W31P4Q09A0018

IDV Type: IDC

Timeline

Start Date: 2015-08-10

Current End Date: 2022-11-08

Potential End Date: 2022-11-08 00:00:00

Last Modified: 2025-09-25

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