Army Reserve Logistics Support Contract Awarded to VSE Corporation for $169.5M

Contract Overview

Contract Amount: $169,519,852 ($169.5M)

Contractor: VSE Corporation

Awarding Agency: Department of Defense

Start Date: 2008-04-07

End Date: 2011-01-30

Contract Duration: 1,028 days

Daily Burn Rate: $164.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: TIME AND MATERIALS

Sector: Other

Official Description: CR-2058 ARMY RESERVE EQUIPMENT, MAINT, & LOGISTICS READINESS SUPPORT

Place of Performance

Location: ALEXANDRIA, FAIRFAX County, VIRGINIA, 22310, UNITED STATES OF AMERICA

State: Virginia Government Spending

Plain-Language Summary

Department of Defense obligated $169.5 million to VSE CORPORATION for work described as: CR-2058 ARMY RESERVE EQUIPMENT, MAINT, & LOGISTICS READINESS SUPPORT Key points: 1. Contract value of $169.5M for equipment, maintenance, and logistics readiness support. 2. VSE Corporation, a large business, secured this contract. 3. The contract was awarded under full and open competition. 4. This falls under the 'Other Aircraft Parts and Auxiliary Equipment Manufacturing' NAICS code.

Value Assessment

Rating: good

The contract's total value is $169.5M. Without specific per-unit cost data or benchmarks for similar logistics support services, a precise value assessment is difficult. However, the duration and scope suggest a reasonable allocation of funds for the services provided.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, indicating a robust price discovery process. This method generally leads to more competitive pricing as multiple vendors have the opportunity to bid.

Taxpayer Impact: The competitive nature of the award suggests taxpayers likely received fair pricing for the required logistics support services.

Public Impact

Ensures operational readiness for the Army Reserve by providing essential equipment maintenance and logistics. Supports a large corporation, VSE Corporation, contributing to its revenue and employment. The contract's duration of over 1000 days highlights a significant, long-term commitment to these services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the broader defense logistics and support sector. Spending in this area is crucial for maintaining military readiness. Benchmarks for similar large-scale logistics contracts can vary significantly based on scope and specific services.

Small Business Impact

The contract was awarded to VSE Corporation, identified as a large business. There is no indication that small businesses were involved as subcontractors or partners in this specific award.

Oversight & Accountability

The contract was awarded by the Department of the Army. Oversight would typically involve program managers and contracting officers ensuring adherence to contract terms and performance standards.

Related Government Programs

Risk Flags

Tags

other-aircraft-parts-and-auxiliary-equip, department-of-defense, va, do, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $169.5 million to VSE CORPORATION. CR-2058 ARMY RESERVE EQUIPMENT, MAINT, & LOGISTICS READINESS SUPPORT

Who is the contractor on this award?

The obligated recipient is VSE CORPORATION.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $169.5 million.

What is the period of performance?

Start: 2008-04-07. End: 2011-01-30.

What specific performance metrics are used to evaluate the effectiveness of VSE Corporation's logistics support?

The provided data does not detail specific performance metrics or Key Performance Indicators (KPIs) for this contract. Effective oversight would require the Department of the Army to track metrics related to equipment uptime, maintenance turnaround times, supply chain efficiency, and overall readiness impact.

What is the potential risk associated with the 'Time and Materials' contract type for this extensive logistics support?

Time and Materials (T&M) contracts carry a risk of cost escalation if not managed diligently. Without clear ceilings or robust oversight, the contractor could incur significant labor hours or material costs, potentially exceeding initial estimates and impacting the overall value for taxpayers.

How does this contract contribute to the overall readiness and operational capability of the Army Reserve?

This contract is designed to directly enhance Army Reserve readiness by ensuring equipment is maintained and logistics operations are supported. The $169.5M investment suggests a significant commitment to maintaining the necessary infrastructure and services for the Reserve's operational effectiveness.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingOther Aircraft Parts and Auxiliary Equipment Manufacturing

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: 1

Pricing Type: TIME AND MATERIALS (Y)

Evaluated Preference: NONE

Contractor Details

Address: 2550 HUNTINGTON AVE, ALEXANDRIA, VA, 22303

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $169,519,852

Exercised Options: $169,519,852

Current Obligation: $169,519,852

Contract Characteristics

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: DAAB0703DB012

IDV Type: IDC

Timeline

Start Date: 2008-04-07

Current End Date: 2011-01-30

Potential End Date: 2011-01-30 00:00:00

Last Modified: 2015-06-09

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