DOE awards $46.4M to BWXT Government Group for Plate Work Manufacturing, spanning 8 years

Contract Overview

Contract Amount: $46,430,270 ($46.4M)

Contractor: Bwxt Government Group, Inc.

Awarding Agency: Department of Energy

Start Date: 1999-11-15

End Date: 2007-12-07

Contract Duration: 2,944 days

Daily Burn Rate: $15.8K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: Other

Place of Performance

Location: LYNCHBURG, LYNCHBURG (CITY) County, VIRGINIA, 24501

State: Virginia Government Spending

Plain-Language Summary

Department of Energy obligated $46.4 million to BWXT GOVERNMENT GROUP, INC. for work described as: Key points: 1. Significant contract value awarded to a single vendor. 2. Lack of competition raises questions about price discovery. 3. Long contract duration may indicate specialized needs or limited market. 4. Manufacturing sector focus with potential for broader industrial impact.

Value Assessment

Rating: questionable

The contract type is Cost Plus Fixed Fee, which can lead to cost overruns if not managed tightly. Without a competitive benchmark, assessing the value for money is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was not available for competition, suggesting a sole-source or limited competition scenario. This limits price discovery and potentially leads to higher costs for taxpayers.

Taxpayer Impact: The lack of competition for a substantial contract value means taxpayers may not have received the best possible price.

Public Impact

Taxpayers may be paying a premium due to the absence of competitive bidding. The long duration of the contract (8 years) ties up significant federal funds. Potential for innovation and cost savings is reduced without market pressure.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the manufacturing sector, specifically plate work. Spending in this area can be critical for national security or infrastructure projects, but benchmarks vary widely based on specific needs.

Small Business Impact

The data indicates this contract was not awarded to a small business. Further analysis would be needed to determine if small businesses were excluded or if the scope of work inherently favored larger entities.

Oversight & Accountability

The 'VA' award type and 'DCA' award method suggest specific procurement pathways were used. Oversight would be crucial to ensure the Cost Plus Fixed Fee structure is managed effectively and that the government receives fair value.

Related Government Programs

Risk Flags

Tags

plate-work-manufacturing, department-of-energy, va, dca, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Energy awarded $46.4 million to BWXT GOVERNMENT GROUP, INC.. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is BWXT GOVERNMENT GROUP, INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $46.4 million.

What is the period of performance?

Start: 1999-11-15. End: 2007-12-07.

What specific factors necessitated a limited competition award for this plate work manufacturing contract?

The limited competition award suggests that either unique technical requirements, proprietary technology, or a lack of qualified alternative vendors may have driven the decision. Understanding these specific factors is crucial to determine if the government's needs were truly best met through this procurement method, or if further market research could have identified additional competitive options.

How does the Cost Plus Fixed Fee structure impact the risk of cost overruns for this $46.4M contract?

Cost Plus Fixed Fee contracts shift some cost risk to the government, as the contractor is reimbursed for allowable costs plus a predetermined fixed fee. While the fee is fixed, the total cost can escalate if actual costs exceed projections. Robust oversight and clear definition of allowable costs are essential to mitigate the risk of significant cost overruns.

What is the long-term effectiveness and value proposition of this 8-year contract for the Department of Energy?

The long-term effectiveness hinges on the consistent delivery of quality plate work manufacturing and the contractor's ability to meet evolving DOE requirements over eight years. The value proposition is questionable without competitive pricing; the government must ensure the fixed fee adequately compensates BWXT for performance while the total cost remains justifiable against potential alternative solutions or market rates.

Industry Classification

NAICS: ManufacturingArchitectural and Structural Metals ManufacturingPlate Work Manufacturing

Product/Service Code: FURNACE/STEAM/DRYING; NUCL REACTOR

Competition & Pricing

Extent Competed: NOT AVAILABLE FOR COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 1

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Parent Company: Mcdermott International, Inc. (UEI: 047758503)

Address: 2016 MT ATHOS RD, LYNCHBURG, VA, 05

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $190,862,949

Exercised Options: $190,862,949

Current Obligation: $46,430,270

Timeline

Start Date: 1999-11-15

Current End Date: 2007-12-07

Potential End Date: 2007-12-07 00:00:00

Last Modified: 2007-12-10

Other Department of Energy Contracts

View all Department of Energy contracts →

Explore Related Government Spending