DoD's $23.3M R&D Contract with SERCO SERVICES INC. Awarded via Full and Open Competition

Contract Overview

Contract Amount: $23,337,524 ($23.3M)

Contractor: Serco Services Inc.

Awarding Agency: Department of Defense

Start Date: 2005-10-01

End Date: 2010-12-29

Contract Duration: 1,915 days

Daily Burn Rate: $12.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: COST PLUS FIXED FEE

Sector: R&D

Place of Performance

Location: COLORADO SPRINGS, EL PASO County, COLORADO, 80916

State: Colorado Government Spending

Plain-Language Summary

Department of Defense obligated $23.3 million to SERCO SERVICES INC. for work described as: Key points: 1. Significant investment in R&D, focusing on physical, engineering, and life sciences. 2. Awarded through full and open competition, suggesting a competitive bidding process. 3. Contract duration of 1915 days indicates a long-term project. 4. The contract type is Cost Plus Fixed Fee, which can lead to cost overruns if not managed carefully.

Value Assessment

Rating: fair

The Cost Plus Fixed Fee structure, while allowing flexibility, carries inherent risks of cost escalation. Benchmarking against similar R&D contracts is difficult without more specific details on the scope of work and deliverables.

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. However, the Cost Plus Fixed Fee structure can sometimes obscure true cost efficiencies compared to fixed-price contracts.

Taxpayer Impact: Taxpayer funds are being utilized for research and development, with the ultimate value dependent on the successful outcomes and innovations generated by the contract.

Public Impact

Supports advancements in physical, engineering, and life sciences, potentially leading to new technologies or improved capabilities. The long-term nature of the contract suggests a commitment to a specific research agenda. Transparency in spending is crucial given the Cost Plus Fixed Fee structure, requiring robust oversight.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under Research and Development in the Physical, Engineering, and Life Sciences (NAICS 541710). Spending in this sector is vital for technological advancement and national security, with typical contract values varying widely based on project scope and complexity.

Small Business Impact

The data does not indicate whether small businesses were involved as subcontractors or partners in this contract. Further investigation would be needed to determine small business participation.

Oversight & Accountability

The Department of Defense, through the Defense Contract Management Agency, is responsible for overseeing this contract. Robust oversight is essential to manage costs and ensure the effective execution of R&D objectives under a Cost Plus Fixed Fee arrangement.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $23.3 million to SERCO SERVICES INC.. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is SERCO SERVICES INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $23.3 million.

What is the period of performance?

Start: 2005-10-01. End: 2010-12-29.

What specific research outcomes or technological advancements are expected from this $23.3M contract?

The contract's focus on 'Research and Development in the Physical, Engineering, and Life Sciences' suggests potential advancements in areas like materials science, advanced engineering solutions, or biomedical research relevant to defense applications. However, without specific deliverables outlined, the precise expected outcomes remain general. The success will be measured by the tangible innovations and their applicability to DoD's mission.

How effectively does the Cost Plus Fixed Fee structure balance innovation incentives with cost control for this long-term R&D project?

The Cost Plus Fixed Fee (CPFF) structure aims to incentivize innovation by covering allowable costs plus a fixed fee, reducing contractor risk. However, it can also lead to cost overruns if not rigorously managed, potentially increasing taxpayer burden. Effective oversight is critical to ensure costs remain reasonable and the fixed fee appropriately reflects the effort and risk involved in achieving the R&D goals.

What is the potential long-term impact of this R&D investment on the Department of Defense's capabilities?

This significant investment in R&D has the potential to yield substantial long-term benefits for the DoD, including the development of cutting-edge technologies, enhanced operational capabilities, and improved strategic advantages. The success hinges on the quality of research, the relevance of the findings to evolving defense needs, and the successful transition of research outcomes into practical applications.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesScientific Research and Development ServicesResearch and Development in the Physical, Engineering, and Life Sciences

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 3

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 1050 N NEWPORT RD, COLORADO SPRINGS, CO, 80916

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

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: FA251705D9000

IDV Type: IDC

Timeline

Start Date: 2005-10-01

Current End Date: 2010-12-29

Potential End Date: 2010-12-29 00:00:00

Last Modified: 2016-09-26

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