DoD Funds GE Partnership for Army Spares and TELSS with $138M Order

Contract Overview

Contract Amount: $138,038,498 ($138.0M)

Contractor: General Electric Company

Awarding Agency: Department of Defense

Start Date: 2013-01-01

End Date: 2013-12-31

Contract Duration: 364 days

Daily Burn Rate: $379.2K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: EXERCISING ORDERING PERIOD 2 OF THE GE/CCAD PARTNERSHIP CONTRACT. PROVIDING FUNDING TO SUPPORT TELSS AND ARMY SPARES

Place of Performance

Location: CINCINNATI, HAMILTON County, OHIO, 45215, UNITED STATES OF AMERICA

State: Ohio Government Spending

Plain-Language Summary

Department of Defense obligated $138.0 million to GENERAL ELECTRIC COMPANY for work described as: EXERCISING ORDERING PERIOD 2 OF THE GE/CCAD PARTNERSHIP CONTRACT. PROVIDING FUNDING TO SUPPORT TELSS AND ARMY SPARES Key points: 1. Significant funding for essential Army spares and TELSS. 2. Sole-source award to General Electric Company raises competition concerns. 3. Contract duration of 364 days for Ordering Period 2. 4. Firm Fixed Price contract type aims to control costs.

Value Assessment

Rating: fair

The $138M for Ordering Period 2 is a substantial amount. Without comparable contracts for similar TELSS and Army Spares services, a precise value assessment is difficult. The firm fixed price structure provides some cost certainty.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award to General Electric Company. This lack of competition limits price discovery and may result in higher costs for taxpayers.

Taxpayer Impact: The sole-source nature of this award means taxpayers may not be receiving the best possible price due to the absence of competitive bidding.

Public Impact

Ensures continued support for critical Army logistics and spare parts. Potential for higher costs due to lack of competition. Impact on readiness and operational capabilities of the Army.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under Engineering Services, a broad category. The $138M expenditure for this specific ordering period is significant, but without sector-specific benchmarks for TELSS and Army Spares, it's hard to gauge efficiency.

Small Business Impact

The data indicates this contract was awarded to General Electric Company and does not mention any subcontracting opportunities for small businesses. The sole-source nature further limits potential small business involvement.

Oversight & Accountability

The contract is a sole-source award, which typically warrants close oversight to ensure fair pricing and necessity. Further review of the justification for the sole-source award is recommended.

Related Government Programs

Risk Flags

Tags

engineering-services, department-of-defense, oh, do, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $138.0 million to GENERAL ELECTRIC COMPANY. EXERCISING ORDERING PERIOD 2 OF THE GE/CCAD PARTNERSHIP CONTRACT. PROVIDING FUNDING TO SUPPORT TELSS AND ARMY SPARES

Who is the contractor on this award?

The obligated recipient is GENERAL ELECTRIC COMPANY.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $138.0 million.

What is the period of performance?

Start: 2013-01-01. End: 2013-12-31.

What is the justification for awarding this contract on a sole-source basis?

The justification for a sole-source award typically involves unique capabilities, proprietary technology, or urgent and compelling needs where only one source can reasonably fulfill the requirement. Without specific documentation, it's impossible to determine the exact reason, but it's crucial for ensuring taxpayer funds are used appropriately and that competition was genuinely not feasible.

How does the pricing for this sole-source contract compare to industry benchmarks for similar services?

Assessing the pricing of a sole-source contract against industry benchmarks is challenging due to the lack of competitive bids. While the firm fixed price offers some predictability, the absence of competition means there's no direct market comparison. A thorough review by an independent cost analyst would be needed to determine if the price is fair and reasonable compared to what might be achieved through competition.

What is the long-term strategy for ensuring competitive sourcing of TELSS and Army Spares to achieve better value?

The long-term strategy should focus on breaking down requirements into smaller, more competitive packages where possible, or exploring alternative technologies and providers. The Department of Defense should actively seek opportunities to introduce competition into future contract vehicles for these services, potentially through market research, phased procurements, or by fostering new entrants into the market.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesArchitectural, Engineering, and Related ServicesEngineering Services

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

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

Address: 1 NEUMANN WAY, CINCINNATI, OH, 45215

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $138,038,498

Exercised Options: $138,038,498

Current Obligation: $138,038,498

Contract Characteristics

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: W58RGZ12D0015

IDV Type: IDC

Timeline

Start Date: 2013-01-01

Current End Date: 2013-12-31

Potential End Date: 2013-12-31 00:00:00

Last Modified: 2015-07-28

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