DoD's $18M R&D Contract with Concurrent Technologies Corp. for Advanced Power and Environmental Energy Technologies

Contract Overview

Contract Amount: $18,000,000 ($18.0M)

Contractor: Concurrent Technologies Corp

Awarding Agency: Department of Defense

Start Date: 2010-12-21

End Date: 2015-12-30

Contract Duration: 1,835 days

Daily Burn Rate: $9.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 4

Pricing Type: COST PLUS FIXED FEE

Sector: R&D

Official Description: ADVANCED POWER AND ENVIRONMENTAL ENERGY TECHNOLOGIES

Place of Performance

Location: JOHNSTOWN, CAMBRIA County, PENNSYLVANIA, 15904

State: Pennsylvania Government Spending

Plain-Language Summary

Department of Defense obligated $18.0 million to CONCURRENT TECHNOLOGIES CORP for work described as: ADVANCED POWER AND ENVIRONMENTAL ENERGY TECHNOLOGIES Key points: 1. Contract awarded via full and open competition, suggesting a competitive bidding process. 2. The contract value of $18 million over 5 years indicates significant investment in R&D. 3. Focus on advanced power and environmental energy technologies aligns with strategic defense needs. 4. The use of Cost Plus Fixed Fee (CPFF) pricing can introduce cost overrun risks if not managed closely.

Value Assessment

Rating: good

The contract value of $18 million over approximately 5 years for R&D services appears reasonable given the specialized nature of advanced energy technologies. Benchmarking against similar R&D contracts in the defense sector would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which typically fosters competitive pricing and allows for the selection of the most capable offeror. This method is expected to yield fair market prices.

Taxpayer Impact: The competitive award process aims to ensure taxpayer funds are used efficiently for advanced technology development.

Public Impact

Advancement in energy technologies could lead to improved operational efficiency and reduced reliance on fossil fuels for military applications. Potential for dual-use technologies that benefit both defense and civilian sectors, fostering innovation. Investment in environmental energy solutions aligns with broader government sustainability goals.

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. Defense R&D spending in this area is crucial for maintaining technological superiority and addressing evolving operational requirements.

Small Business Impact

The data does not indicate whether small businesses were involved as subcontractors. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

The Defense Contract Management Agency (DCMA) is responsible for oversight. The CPFF structure necessitates diligent monitoring of costs and performance to ensure accountability.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $18.0 million to CONCURRENT TECHNOLOGIES CORP. ADVANCED POWER AND ENVIRONMENTAL ENERGY TECHNOLOGIES

Who is the contractor on this award?

The obligated recipient is CONCURRENT TECHNOLOGIES CORP.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Contract Management Agency).

What is the total obligated amount?

The obligated amount is $18.0 million.

What is the period of performance?

Start: 2010-12-21. End: 2015-12-30.

What is the expected return on investment for this R&D contract in terms of technological advancements and cost savings?

The return on investment is projected through the development of novel energy solutions that could enhance military operational capabilities, reduce fuel dependency, and potentially lead to cost savings in the long term. Specific metrics for ROI are typically defined in the contract's statement of work and performance objectives, focusing on milestones and deliverables.

What are the primary risks associated with the Cost Plus Fixed Fee (CPFF) contract type in this R&D context?

The primary risks with CPFF in R&D include potential cost overruns if the contractor's estimated costs are inaccurate or if unforeseen technical challenges arise, increasing the total cost. The government bears the risk of higher-than-expected costs, while the contractor has less incentive to control expenses compared to fixed-price contracts.

How will the effectiveness of the developed advanced power and environmental energy technologies be measured?

Effectiveness will likely be measured through a series of technical performance metrics, prototype testing, and demonstration phases outlined in the contract. Key performance indicators could include energy efficiency gains, power output stability, environmental impact reduction, and operational reliability under simulated or actual mission conditions.

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: RESEARCH AND DEVELOPMENTC – National Defense R&D Services

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: BASIC RESEARCH

Offers Received: 4

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 100 CTC DR, JOHNSTOWN, PA, 15904

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

Financial Breakdown

Contract Ceiling: $18,000,000

Exercised Options: $18,000,000

Current Obligation: $18,000,000

Subaward Activity

Number of Subawards: 2

Total Subaward Amount: $166,331

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: FA865009D5601

IDV Type: IDC

Timeline

Start Date: 2010-12-21

Current End Date: 2015-12-30

Potential End Date: 2015-12-30 00:00:00

Last Modified: 2016-03-18

More Contracts from Concurrent Technologies Corp

View all Concurrent Technologies Corp federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending