DoD's $19.4M Ground Fuels Contract Awarded to Brad Hall & Associates, Inc

Contract Overview

Contract Amount: $19,368,051 ($19.4M)

Contractor: Brad Hall & Associates, Inc.

Awarding Agency: Department of Defense

Start Date: 2010-08-01

End Date: 2013-08-31

Contract Duration: 1,126 days

Daily Burn Rate: $17.2K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 52

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Energy

Official Description: GROUND FUELS CONTRACT

Place of Performance

Location: IDAHO FALLS, BONNEVILLE County, IDAHO, 83401

State: Idaho Government Spending

Plain-Language Summary

Department of Defense obligated $19.4 million to BRAD HALL & ASSOCIATES, INC. for work described as: GROUND FUELS CONTRACT Key points: 1. Contract value of $19.4M for ground fuels. 2. Awarded by the Defense Logistics Agency (DLA) under the Department of Defense. 3. Competition type: Full and Open Competition after Exclusion of Sources. 4. Contract type: Fixed Price with Economic Price Adjustment. 5. Sector: Petroleum and Petroleum Products Merchant Wholesalers.

Value Assessment

Rating: fair

The contract value of $19.4M appears reasonable for a multi-year fuels contract. However, without specific unit pricing or volume data, a direct comparison to similar contracts is challenging. The economic price adjustment clause introduces variability.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'Full and Open Competition after Exclusion of Sources,' indicating an initial broad solicitation followed by specific source exclusions. This method aims for competition but the exclusions could limit the pool of bidders and potentially impact price discovery.

Taxpayer Impact: Taxpayer funds are used for this essential fuel supply. The economic price adjustment clause could lead to higher costs if fuel prices rise significantly, impacting the overall taxpayer burden.

Public Impact

Ensures critical fuel supply for military operations. Supports the petroleum wholesale industry. Potential for price fluctuations impacting budget predictability. Requires ongoing monitoring due to economic price adjustment.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Petroleum and Petroleum Products Merchant Wholesalers sector, a critical component of the energy supply chain for defense operations. Spending benchmarks in this sector are highly volatile due to global commodity prices.

Small Business Impact

The data indicates this contract was not awarded to a small business (sb: false). Therefore, there is no direct benefit to small businesses from this specific award, though they may participate as subcontractors.

Oversight & Accountability

The Defense Logistics Agency (DLA) is responsible for overseeing this contract. The use of fixed price with economic price adjustment necessitates careful monitoring of market prices to ensure fair cost adjustments and prevent overpayment.

Related Government Programs

Risk Flags

Tags

petroleum-and-petroleum-products-merchan, department-of-defense, id, do, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $19.4 million to BRAD HALL & ASSOCIATES, INC.. GROUND FUELS CONTRACT

Who is the contractor on this award?

The obligated recipient is BRAD HALL & ASSOCIATES, INC..

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Logistics Agency).

What is the total obligated amount?

The obligated amount is $19.4 million.

What is the period of performance?

Start: 2010-08-01. End: 2013-08-31.

What is the potential upside or downside for taxpayers given the economic price adjustment clause?

The economic price adjustment (EPA) clause allows for contract price modifications based on fluctuations in specific economic indicators, typically related to fuel prices. For taxpayers, this presents a dual risk and potential benefit. If fuel prices decrease, the contract price could be adjusted downwards, saving taxpayer money. Conversely, if fuel prices surge, the EPA clause will likely lead to an increase in the contract price, increasing the cost to taxpayers beyond the initial fixed price estimate.

How does the 'Full and Open Competition after Exclusion of Sources' method impact overall contract risk?

This competition method introduces a moderate level of risk. While 'full and open' aims for broad participation, the subsequent 'exclusion of sources' narrows the field. The risk lies in whether these exclusions were justified and did not inadvertently eliminate highly competitive bidders. If the exclusions were too restrictive, it could lead to less competitive pricing and potentially higher costs for the government, increasing financial risk.

What is the effectiveness of this contract in ensuring fuel supply for the DoD?

The effectiveness of this contract hinges on the contractor's ability to consistently meet delivery requirements and the DLA's oversight. Given it's a fixed-price contract with EPA for essential ground fuels, it is likely effective in ensuring supply, as fuel is a high-priority item. However, effectiveness can be diminished if price adjustments become excessive or if delivery performance falters, requiring robust contract management.

Industry Classification

NAICS: Wholesale TradePetroleum and Petroleum Products Merchant WholesalersPetroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)

Product/Service Code: FUELS, LUBRICANTS, OILS, WAXES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: SP060010R0204

Offers Received: 52

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT (K)

Evaluated Preference: NONE

Contractor Details

Address: 280 S HOLMES AVE, IDAHO FALLS, ID, 02

Business Categories: Category Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $19,368,051

Exercised Options: $19,368,051

Current Obligation: $19,368,051

Contract Characteristics

Multi-Year Contract: Yes

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: SP060010D4006

IDV Type: IDC

Timeline

Start Date: 2010-08-01

Current End Date: 2013-08-31

Potential End Date: 2013-08-31 00:00:00

Last Modified: 2010-12-07

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