Department of Energy's $301.6M ammunition contract awarded to MASON & HANGER CORP shows fair value with 2 bids

Contract Overview

Contract Amount: $301,615,215 ($301.6M)

Contractor: Mason & Hanger Corp

Awarding Agency: Department of Energy

Start Date: 1999-10-15

End Date: 2001-07-31

Contract Duration: 655 days

Daily Burn Rate: $460.5K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: COST PLUS AWARD FEE

Sector: Defense

Place of Performance

Location: AMARILLO, POTTER County, TEXAS, 79120

State: Texas Government Spending

Plain-Language Summary

Department of Energy obligated $301.6 million to MASON & HANGER CORP for work described as: Key points: 1. The contract's value appears reasonable given the scope and duration. 2. Competition was limited, with only two bids received, potentially impacting price discovery. 3. The contract type (Cost Plus Award Fee) can incentivize performance but requires robust oversight. 4. Performance context is limited due to the age of the contract and lack of detailed performance data. 5. This contract falls within the manufacturing sector, specifically ammunition production. 6. The small business participation was not a stated requirement for this contract.

Value Assessment

Rating: fair

The contract's total value of approximately $301.6 million over its period of performance suggests a significant investment. Benchmarking this against similar large-scale ammunition manufacturing contracts is challenging without more specific details on the types and quantities of ammunition produced. However, the award value relative to the number of bids received indicates a potentially fair, though not highly competitive, market price.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which is generally positive for price discovery. However, only two bids were received, suggesting that the market for this specific type of ammunition manufacturing may be concentrated or that barriers to entry are high. This limited competition could mean that the government did not receive the full benefit of a broader competitive landscape.

Taxpayer Impact: While full and open competition was utilized, the low number of bidders means taxpayers may not have benefited from the most aggressive pricing that a larger pool of competitors could have offered.

Public Impact

The primary beneficiary is the Department of Energy, ensuring a supply of ammunition for its operations. The services delivered include the manufacturing of ammunition, supporting national security and energy infrastructure protection. The contract was performed in Texas, indicating a geographic impact on the state's economy and workforce. Workforce implications include job creation and maintenance within the ammunition manufacturing sector in Texas.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the defense manufacturing sector, specifically focusing on ammunition production. The market for specialized ammunition manufacturing is often characterized by high barriers to entry due to technical expertise, capital investment, and regulatory requirements. Comparable spending benchmarks would typically be found within defense procurement data for similar munitions, but specific details are needed for a precise comparison.

Small Business Impact

This contract did not include a small business set-aside, nor is there an indication of significant subcontracting opportunities for small businesses. The primary contractor, MASON & HANGER CORP, is likely a large entity. This means the direct economic impact on the small business ecosystem for this specific award is expected to be minimal.

Oversight & Accountability

The oversight for this contract would have been managed by the Department of Energy. As a Cost Plus Award Fee contract, oversight would focus on monitoring costs, ensuring compliance with contract terms, and evaluating performance against award fee criteria. Transparency would depend on the agency's reporting practices for such contracts. Inspector General jurisdiction would apply if any fraud, waste, or abuse were suspected.

Related Government Programs

Risk Flags

Tags

defense, ammunition-manufacturing, department-of-energy, cost-plus-award-fee, full-and-open-competition, mason-&-hanger-corp, texas, large-contract, historical-contract

Frequently Asked Questions

What is this federal contract paying for?

Department of Energy awarded $301.6 million to MASON & HANGER CORP. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is MASON & HANGER CORP.

Which agency awarded this contract?

Awarding agency: Department of Energy (Department of Energy).

What is the total obligated amount?

The obligated amount is $301.6 million.

What is the period of performance?

Start: 1999-10-15. End: 2001-07-31.

What was the specific type and quantity of ammunition manufactured under this contract?

The provided data indicates the contract was for 'Ammunition (except Small Arms) Manufacturing' under NAICS code 332993. However, the specific types and quantities of ammunition produced are not detailed in the available information. This level of detail is crucial for a thorough value assessment, as different types of ammunition have vastly different production costs and market values. Without this, comparisons to industry benchmarks or other contracts are necessarily broad.

How does the per-unit cost of this ammunition compare to market rates or similar government contracts?

A precise per-unit cost comparison is not possible with the given data. The contract value is $301.6 million, and the number of units produced is unknown. Furthermore, the contract type (Cost Plus Award Fee) means the final cost could vary based on performance incentives. To perform this analysis, detailed production quantities and unit costs would be required, along with data from comparable contracts for the same or similar ammunition types.

What was the track record of MASON & HANGER CORP with the Department of Energy or similar agencies prior to this award?

Information on MASON & HANGER CORP's prior track record with the Department of Energy or similar agencies is not provided in the data. A comprehensive assessment would involve reviewing their past performance on relevant contracts, including on-time delivery, quality control, and cost management. Their history would offer insights into their reliability and capability in fulfilling large-scale ammunition manufacturing requirements.

What were the specific performance criteria and award fee structure for this contract?

The data indicates the contract type was 'COST PLUS AWARD FEE' (CPAF), but the specific performance criteria and the structure of the award fee are not detailed. CPAF contracts typically incentivize contractors to meet or exceed certain performance targets (e.g., quality, delivery schedule, cost control) by offering additional profit. Understanding these criteria is essential for evaluating whether the contractor achieved optimal performance and if the fee structure effectively drove desired outcomes.

How has the Department of Energy's spending on ammunition manufacturing evolved since this contract was awarded?

This contract was awarded in 1999 and completed in 2001. Analyzing the Department of Energy's spending on ammunition manufacturing since then would require accessing historical spending data for subsequent years and contracts. Such an analysis could reveal trends in demand, shifts in procurement strategies, or changes in the competitive landscape for ammunition supply within the agency.

What were the risks identified during the procurement process, and how were they mitigated?

The provided data does not include information on risks identified during the procurement process or the mitigation strategies employed. A thorough risk assessment would typically involve evaluating factors such as contractor capability, supply chain stability, technical feasibility, and potential cost overruns. Understanding these risks and their management is key to assessing the overall success and prudence of the contract award.

Industry Classification

NAICS: ManufacturingOther Fabricated Metal Product ManufacturingAmmunition (except Small Arms) Manufacturing

Product/Service Code: OPERATION OF GOVT OWNED FACILITYOPERATE GOVT OWNED BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Offers Received: 2

Pricing Type: COST PLUS AWARD FEE (R)

Contractor Details

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

Financial Breakdown

Contract Ceiling: $35,923,215

Exercised Options: $35,923,215

Current Obligation: $301,615,215

Timeline

Start Date: 1999-10-15

Current End Date: 2001-07-31

Potential End Date: 2001-07-31 00:00:00

Last Modified: 2014-05-24

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