Dod Navy Awards Raytheon $76M for Remanufacture, Overhaul or Repair Secrep Services

Contract Overview

Contract Amount: $76,276,731 ($76.3M)

Contractor: Raytheon Technical Services Company LLC

Awarding Agency: Department of Defense

Start Date: 2010-11-10

End Date: 2017-06-20

Contract Duration: 2,414 days

Daily Burn Rate: $31.6K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIXED PRICE REDETERMINATION

Sector: Defense

Official Description: REMANUFACTURE, OVERHAUL OR REPAIR SECREP

Place of Performance

Location: RESTON, FAIRFAX County, VIRGINIA, 20191

State: Virginia Government Spending

Plain-Language Summary

Department of Defense obligated $76.3 million to RAYTHEON TECHNICAL SERVICES COMPANY LLC for work described as: REMANUFACTURE, OVERHAUL OR REPAIR SECREP Key points: 1. Significant contract value of $76.3M over 7 years. 2. Raytheon Technical Services Company LLC is the sole awardee. 3. Fixed Price Redetermination contract type introduces pricing risk. 4. Services fall under Process, Physical Distribution, and Logistics Consulting.

Value Assessment

Rating: fair

The contract type, Fixed Price Redetermination, allows for price adjustments, which can lead to cost overruns if not managed carefully. Benchmarking against similar logistics and repair contracts is difficult without more specific service details.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. However, the specific awardee is Raytheon Technical Services Company LLC, and the contract type may limit price discovery post-award.

Taxpayer Impact: Taxpayer funds are utilized for extensive repair and overhaul services, with potential for cost increases due to the contract's redetermination clause.

Public Impact

Ensures operational readiness of critical SECREP equipment for the Navy. Supports a major defense contractor's service division. Long-term contract duration (7 years) indicates ongoing need. Potential for cost escalation impacts budget predictability.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the professional, scientific, and technical services sector, specifically logistics consulting. Defense spending in this area is substantial, supporting military readiness and complex equipment maintenance.

Small Business Impact

The data indicates no specific set-aside for small businesses, and the prime contractor is a large corporation. Opportunities for small businesses would likely be through subcontracting, which is not detailed here.

Oversight & Accountability

Oversight would focus on the effective execution of repair and overhaul services, adherence to performance standards, and management of the redetermination pricing mechanism by the Department of the Navy.

Related Government Programs

Risk Flags

Tags

process-physical-distribution-and-logist, department-of-defense, va, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $76.3 million to RAYTHEON TECHNICAL SERVICES COMPANY LLC. REMANUFACTURE, OVERHAUL OR REPAIR SECREP

Who is the contractor on this award?

The obligated recipient is RAYTHEON TECHNICAL SERVICES COMPANY LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $76.3 million.

What is the period of performance?

Start: 2010-11-10. End: 2017-06-20.

What specific SECREP systems are being serviced, and what is the criticality of these systems to naval operations?

The specific SECREP systems are not detailed in the provided data. Understanding the criticality of these systems is crucial for assessing the true value and necessity of this contract. If these systems are vital for mission success or safety, the $76M expenditure might be justified, but without this context, it's difficult to fully evaluate the spending's effectiveness.

How were the redetermined prices established, and what mechanisms are in place to prevent excessive cost growth?

The data does not specify the methodology for price redetermination. Effective oversight would require clear criteria for cost adjustments, robust auditing of contractor expenses, and potentially independent cost analysis by the Navy to ensure fair pricing and prevent unjustified cost escalations.

What was the competitive landscape during the initial full and open competition, and why was Raytheon Technical Services Company LLC ultimately selected?

While the award was made under full and open competition, the specific details of the bidding process and the evaluation criteria are not provided. Understanding the number of bidders and the basis for selecting Raytheon would offer insight into whether the government secured the best value and competitive pricing.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesManagement, Scientific, and Technical Consulting ServicesProcess, Physical Distribution, and Logistics Consulting Services

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENTMAINT, REPAIR, REBUILD OF EQUIPMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: M6700410R0002

Pricing Type: FIXED PRICE REDETERMINATION (A)

Evaluated Preference: NONE

Contractor Details

Parent Company: Raytheon Company (UEI: 001339159)

Address: 12160 SUNRISE VALLEY DR, RESTON, VA, 20191

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

Financial Breakdown

Contract Ceiling: $76,276,731

Exercised Options: $76,276,731

Current Obligation: $76,276,731

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: M6700410D0021

IDV Type: IDC

Timeline

Start Date: 2010-11-10

Current End Date: 2017-06-20

Potential End Date: 2017-06-20 00:00:00

Last Modified: 2018-04-06

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