DOE awards $163M for Horizontal Steam Generator Work to BWXT Nuclear Operations Group

Contract Overview

Contract Amount: $163,352,015 ($163.4M)

Contractor: Bwxt Nuclear Operations Group, Inc.

Awarding Agency: Department of Energy

Start Date: 2008-08-15

End Date: 2015-04-30

Contract Duration: 2,449 days

Daily Burn Rate: $66.7K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Number of Offers Received: 1

Pricing Type: FIXED PRICE REDETERMINATION

Sector: Other

Official Description: HORIZONTAL STEAM GENERATOR WORK

Place of Performance

Location: LYNCHBURG, LYNCHBURG (CITY) County, VIRGINIA, 24505

State: Virginia Government Spending

Plain-Language Summary

Department of Energy obligated $163.4 million to BWXT NUCLEAR OPERATIONS GROUP, INC. for work described as: HORIZONTAL STEAM GENERATOR WORK Key points: 1. BWXT Nuclear Operations Group, Inc. secured a significant contract valued at $163.35 million. 2. The contract is for Plate Work Manufacturing, specifically Horizontal Steam Generator Work. 3. Awarded by the Department of Energy, this contract highlights specialized manufacturing capabilities. 4. The fixed-price redetermination contract type suggests potential price adjustments during its term. 5. The duration of 2449 days indicates a long-term project.

Value Assessment

Rating: questionable

The contract value is substantial, but without specific performance metrics or comparable contract data, assessing its value for money is difficult. The fixed-price redetermination structure introduces uncertainty in the final cost.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was awarded under limited competition, indicating that only a few sources were considered. This approach may limit price discovery and potentially lead to higher costs compared to a full and open competition.

Taxpayer Impact: The significant contract value suggests a considerable taxpayer investment. The limited competition raises concerns about whether taxpayers received the best possible price for these specialized services.

Public Impact

Specialized nuclear component manufacturing ensures critical infrastructure maintenance. Long-term contract provides stability for a key industrial supplier. Potential for cost overruns due to fixed-price redetermination contract type.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the manufacturing sector, specifically related to specialized industrial equipment for the energy industry. Benchmarks for similar large-scale, specialized manufacturing contracts are often difficult to ascertain due to unique project requirements.

Small Business Impact

The contract was awarded to BWXT Nuclear Operations Group, Inc., a large corporation. There is no indication of small business participation in this specific award, suggesting limited opportunities for small businesses in this particular contract.

Oversight & Accountability

The Department of Energy is responsible for oversight. The fixed-price redetermination contract type necessitates careful monitoring of costs and performance to ensure accountability and prevent excessive spending.

Related Government Programs

Risk Flags

Tags

plate-work-manufacturing, department-of-energy, va, dca, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Energy awarded $163.4 million to BWXT NUCLEAR OPERATIONS GROUP, INC.. HORIZONTAL STEAM GENERATOR WORK

Who is the contractor on this award?

The obligated recipient is BWXT NUCLEAR OPERATIONS 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 $163.4 million.

What is the period of performance?

Start: 2008-08-15. End: 2015-04-30.

What is the justification for limiting competition for this critical steam generator work?

The justification for limited competition is not explicitly provided in the data. Typically, such limitations are based on factors like unique capabilities, urgent needs, or existing infrastructure compatibility. Further investigation would be required to understand the specific rationale and ensure it aligns with procurement regulations and best practices for taxpayer value.

How will the 'redetermination' aspect of the contract be managed to control costs?

The 'redetermination' aspect implies that the initial price is subject to adjustment based on actual costs incurred. Effective management requires robust cost accounting, regular audits, and clear criteria for price adjustments. The Department of Energy must implement stringent oversight to ensure that any redetermined prices are fair and reflect genuine costs, not inefficiencies.

What are the long-term implications of this contract for the Department of Energy's operational readiness?

This contract ensures the continued availability and maintenance of critical Horizontal Steam Generators, which are vital for the Department of Energy's operations, likely related to power generation or research facilities. The long duration provides supply chain stability for these essential components, contributing to sustained operational readiness and mitigating risks associated with equipment failure or obsolescence.

Industry Classification

NAICS: ManufacturingArchitectural and Structural Metals ManufacturingPlate Work Manufacturing

Product/Service Code: ENGINES AND TURBINES AND COMPONENT

Competition & Pricing

Extent Competed: NOT AVAILABLE FOR COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: DE-RP11-08PN38005

Offers Received: 1

Pricing Type: FIXED PRICE REDETERMINATION (A)

Evaluated Preference: NONE

Contractor Details

Parent Company: BWX Technologies, Inc. (UEI: 968037221)

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

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

Financial Breakdown

Contract Ceiling: $164,494,109

Exercised Options: $163,352,015

Current Obligation: $163,352,015

Contract Characteristics

Multi-Year Contract: Yes

Cost or Pricing Data: YES

Timeline

Start Date: 2008-08-15

Current End Date: 2015-04-30

Potential End Date: 2015-04-30 00:00:00

Last Modified: 2014-07-09

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