DoD's $1.09B Contract with Parsons Government Services: A 17-Year Award Fee Agreement

Contract Overview

Contract Amount: $1,093,792,932 ($1.1B)

Contractor: Parsons Government Services Inc.

Awarding Agency: Department of Defense

Start Date: 1999-11-10

End Date: 2016-12-31

Contract Duration: 6,261 days

Daily Burn Rate: $174.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: COST PLUS AWARD FEE

Sector: Other

Place of Performance

Location: NEWPORT, VERMILLION County, INDIANA, 47966

State: Indiana Government Spending

Plain-Language Summary

Department of Defense obligated $1.09 billion to PARSONS GOVERNMENT SERVICES INC. for work described as: Key points: 1. Significant long-term commitment of over 17 years for a substantial value. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. The contract type is Cost Plus Award Fee, which incentivizes performance. 4. The sector appears to be related to government services, likely IT or support functions.

Value Assessment

Rating: fair

The contract value is substantial at over $1 billion. Without specific benchmarks for similar long-term, cost-plus award fee contracts for government services, assessing its pricing fairness is difficult. The award fee structure implies potential for cost control and performance incentives.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating multiple bidders participated. This method generally promotes price discovery and competitive pricing, though the Cost Plus Award Fee structure can introduce complexities in final cost determination.

Taxpayer Impact: The long duration and significant value mean taxpayers are committed for an extended period. The effectiveness of the award fee structure in controlling costs will be a key factor in the ultimate taxpayer impact.

Public Impact

Long-term government service contracts can impact budget predictability. The use of award fees aims to align contractor performance with government objectives. Transparency in award fee determinations is crucial for public trust. The duration suggests a critical or ongoing need for the services provided.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the government services sector, likely encompassing IT, logistics, or professional support. Benchmarking requires comparison with similar long-term, cost-plus contracts for comparable services within the federal government.

Small Business Impact

The data indicates the prime contractor is Parsons Government Services Inc., a large business. There is no explicit information on subcontracting to small businesses within this data snippet.

Oversight & Accountability

The long duration and cost-plus nature of this contract warrant robust oversight to ensure costs are reasonable and performance meets objectives. Auditing of incurred costs and award fee determinations is critical for accountability.

Related Government Programs

Risk Flags

Tags

department-of-defense, in, definitive-contract, billion-dollar

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $1.09 billion to PARSONS GOVERNMENT SERVICES INC.. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is PARSONS GOVERNMENT SERVICES INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $1.09 billion.

What is the period of performance?

Start: 1999-11-10. End: 2016-12-31.

What specific services were provided under this contract, and how did they align with the Department of the Army's mission objectives over the 17-year period?

The provided data does not specify the services rendered. However, given the contractor and duration, it likely involved significant support functions, potentially IT infrastructure, logistics management, or professional services critical to Army operations. Understanding the alignment requires reviewing the contract's statement of work and performance reports.

How were the award fees determined, and what was the average percentage of award fees paid out relative to the base cost over the contract's life?

The methodology for determining award fees is not detailed in the data. Typically, this involves evaluating contractor performance against pre-defined metrics and objectives. To assess value and taxpayer impact, analyzing the actual award fees paid versus the potential maximum would be necessary, alongside the base costs.

What was the total cost growth or savings realized through the Cost Plus Award Fee structure compared to a fixed-price contract for similar services?

Direct comparison to a fixed-price contract is not possible with the given data. Cost Plus Award Fee contracts aim to balance flexibility in cost with performance incentives. The effectiveness in controlling costs depends heavily on the clarity of performance metrics and the rigor of oversight in managing the 'cost' and 'award' components.

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Offers Received: 2

Pricing Type: COST PLUS AWARD FEE (R)

Contractor Details

Parent Company: Parsons Corporation (UEI: 030866545)

Address: HWY 63 S OFFICE COMPLEX, NEWPORT, IN, 47966

Business Categories: Category Business, Not Designated a Small Business

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 1999-11-10

Current End Date: 2016-12-31

Potential End Date: 2016-12-31 00:00:00

Last Modified: 2018-09-29

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