Army awards $36.5M for gas services to Noram Energy Corp, later CenterPoint Energy

Contract Overview

Contract Amount: $36,570,353 ($36.6M)

Contractor: Centerpoint Energy Resources Corp.

Awarding Agency: Department of Defense

Start Date: 1997-06-01

End Date: 2021-10-29

Contract Duration: 8,916 days

Daily Burn Rate: $4.1K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Energy

Official Description: 199711!2100!0190!BT39 !U.S. ARMY FIELD ARTILLERY CENTER!DABT3997C4001 !A!*!970601 !19970601!19970601!006948210!006948210!007931728!N!1V634!NORAM ENERGY CORP !1600 SMITH ST !HOUSTON !TX!77002!27300!031!40!FORT SILL !COMANCHE !OKLAHOMA !0001!+000000053264!N!N!000000000000!S111!GAS SERVICES !S1 !SERVICES !1000!NOT DISCERNABLE OR CLASSIFIED !4923!3!A!S!C!B!N!Z!B !N!J!1!001!N!1E!Z!Y!Z!* !* !N!C!*!Z!Z!A!A!A!*!* !*!N!A!A!N!*!*!*!*!*!

Place of Performance

Location: FORT SILL, COMANCHE County, OKLAHOMA, 73503

State: Oklahoma Government Spending

Plain-Language Summary

Department of Defense obligated $36.6 million to CENTERPOINT ENERGY RESOURCES CORP. for work described as: 199711!2100!0190!BT39 !U.S. ARMY FIELD ARTILLERY CENTER!DABT3997C4001 !A!*!970601 !19970601!19970601!006948210!006948210!007931728!N!1V634!NORAM ENERGY CORP !1600 SMITH ST !HOUSTON !TX!77002!27300!031!40!FORT SILL !COMANC… Key points: 1. Contract awarded in 1997 for gas services, with an end date in 2021. 2. Initial award to Noram Energy Corp, with CenterPoint Energy Resources Corp. listed as the contractor. 3. Contract type is Firm Fixed Price, indicating predictable costs. 4. The contract was not available for competition, raising questions about price discovery.

Value Assessment

Rating: fair

The contract value is $36.5 million over its extended duration. Benchmarking is difficult without specific service details and historical pricing for gas services in Oklahoma.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was not available for competition, suggesting a limited competition approach. This could potentially lead to less favorable pricing compared to a fully competitive process.

Taxpayer Impact: The long duration and significant value suggest a substantial taxpayer investment, with potential for cost savings if competition had been fully leveraged.

Public Impact

Long-term energy supply contract for a military installation. Potential for price fluctuations in natural gas markets impacting final cost. Transition from Noram Energy to CenterPoint Energy indicates corporate changes affecting contract administration.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under utility services, specifically gas supply for a federal facility. Spending benchmarks for such contracts vary widely based on location, volume, and market conditions.

Small Business Impact

No specific information is available regarding small business participation in this contract. The awardee, CenterPoint Energy, is a large utility provider.

Oversight & Accountability

The long duration and limited competition warrant oversight to ensure fair pricing and efficient service delivery throughout the contract's life.

Related Government Programs

Risk Flags

Tags

department-of-defense, ok, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $36.6 million to CENTERPOINT ENERGY RESOURCES CORP.. 199711!2100!0190!BT39 !U.S. ARMY FIELD ARTILLERY CENTER!DABT3997C4001 !A!*!970601 !19970601!19970601!006948210!006948210!007931728!N!1V634!NORAM ENERGY CORP !1600 SMITH ST !HOUSTON !TX!77002!27300!031!40!FORT SILL !COMANCHE !OKLAHOMA !0001!+000000053264!N!N!000000000000!S111!GAS SERVICES !S1 !SERVICES !1000!NOT DISCERNABLE OR CLASSIFIED !4923!3!A!S!C!B!N!Z!B !N!J!1!0

Who is the contractor on this award?

The obligated recipient is CENTERPOINT ENERGY RESOURCES CORP..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $36.6 million.

What is the period of performance?

Start: 1997-06-01. End: 2021-10-29.

What was the justification for limiting competition on this long-term gas services contract?

The justification for limiting competition is not detailed in the provided data. Typically, limited competition might be due to specific infrastructure requirements, existing utility service areas, or unique delivery needs at the Fort Sill facility. Further investigation into the contract file would be necessary to ascertain the precise reasons and assess if they were valid.

How did the pricing evolve over the contract's extended period, given the volatility of natural gas markets?

The provided data indicates a Firm Fixed Price contract, suggesting an attempt to stabilize costs. However, without access to contract modifications or detailed pricing schedules, it's impossible to determine how the price evolved or if adjustments were made for market fluctuations. The long duration (1997-2021) likely encompassed significant market volatility.

What was the process for transitioning the contract from Noram Energy Corp. to CenterPoint Energy Resources Corp.?

The data lists both Noram Energy Corp. and CenterPoint Energy Resources Corp. in relation to the contract. The transition likely occurred due to corporate acquisition or restructuring. The specific process would involve contract novation or assignment, requiring government approval to ensure continuity of service and maintain agreed-upon terms and pricing.

Competition & Pricing

Extent Competed: NOT AVAILABLE FOR COMPETITION

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Centerpoint Energy, Inc. (UEI: 104590802)

Address: 1600 SMITH ST, HOUSTON, TX, 77002

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $3,634,064

Exercised Options: $3,634,064

Current Obligation: $36,570,353

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 1997-06-01

Current End Date: 2021-10-29

Potential End Date: 2021-10-29 00:00:00

Last Modified: 2021-10-31

More Contracts from Centerpoint Energy Resources Corp.

View all Centerpoint Energy Resources Corp. federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending