DoD awards Raytheon $86.1M for Wireless Communications Equipment, highlighting long-term contract and firm fixed price

Contract Overview

Contract Amount: $86,141,324 ($86.1M)

Contractor: Raytheon Company

Awarding Agency: Department of Defense

Start Date: 1999-11-12

End Date: 2018-03-22

Contract Duration: 6,705 days

Daily Burn Rate: $12.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: IT

Place of Performance

Location: SEMINOLE, PINELLAS County, FLORIDA, 33777

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $86.1 million to RAYTHEON COMPANY for work described as: Key points: 1. Significant contract value of $86.1M awarded to a major defense contractor. 2. Long contract duration (1999-2018) suggests sustained need and potential for evolving requirements. 3. Firm Fixed Price (FFP) contract aims to control costs, but requires careful monitoring for scope creep. 4. Sector is Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing.

Value Assessment

Rating: good

The $86.1M award over nearly two decades suggests a consistent need for these services. The firm fixed price structure is a positive indicator for cost control, assuming the scope was well-defined initially.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a competitive bidding process. This method generally leads to better price discovery and value for the government.

Taxpayer Impact: The firm fixed price contract aims to provide cost certainty for taxpayers, although the long duration could mask potential inefficiencies if not managed closely.

Public Impact

Taxpayers benefit from competitive bidding, potentially securing a favorable price for essential communication equipment. The extended contract period indicates a stable, long-term requirement within the Department of Defense. Focus on wireless communications equipment is critical for modern defense operations and intelligence gathering.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing sector, a critical area for defense communications. Spending benchmarks in this sector can vary widely based on technological advancements and specific military requirements.

Small Business Impact

The data indicates no specific small business participation in this contract (sb: false). While not always applicable, exploring opportunities for small businesses in future procurements could foster innovation and competition.

Oversight & Accountability

The long duration of this contract necessitates robust oversight to ensure continued value, adherence to specifications, and management of any potential scope changes. The firm fixed price structure provides a baseline for accountability.

Related Government Programs

Risk Flags

Tags

radio-and-television-broadcasting-and-wi, department-of-defense, fl, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $86.1 million to RAYTHEON COMPANY. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is RAYTHEON COMPANY.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Contract Management Agency).

What is the total obligated amount?

The obligated amount is $86.1 million.

What is the period of performance?

Start: 1999-11-12. End: 2018-03-22.

What was the average annual spending under this contract, and how does it compare to similar DoD procurements for wireless communications equipment?

The total award of $86.1M over approximately 19 years (1999-2018) averages to roughly $4.5M per year. Comparing this to similar DoD procurements would require access to a broader dataset of contracts within the 'Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing' sector, considering factors like technology generation and specific equipment capabilities.

Given the firm fixed price nature, what mechanisms were in place to manage potential cost overruns or scope creep over the contract's extensive lifespan?

Firm Fixed Price contracts are designed to shift cost risk to the contractor. However, over a long duration, mechanisms like contract modifications for scope changes, equitable adjustments for unforeseen circumstances, or performance-based incentives might have been employed. Robust contract administration by the Defense Contract Management Agency would be crucial for monitoring and controlling these aspects.

How effectively did this contract meet the evolving technological needs of the Department of Defense in wireless communications over its 19-year term?

The effectiveness in meeting evolving needs is difficult to ascertain solely from the provided data. The long duration suggests a sustained requirement, but it also raises questions about whether the technology procured remained cutting-edge or became obsolete. Periodic reviews and potential contract modifications would have been essential to ensure the equipment stayed relevant to DoD's operational requirements.

Industry Classification

NAICS: ManufacturingCommunications Equipment ManufacturingRadio and Television Broadcasting and Wireless Communications Equipment Manufacturing

Product/Service Code: COMM/DETECT/COHERENT RADIATION

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Contractor Details

Address: 1501 72ND ST N, SAINT PETERSBU, FL, 33710

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: 1999-11-12

Current End Date: 2018-03-22

Potential End Date: 2018-03-22 00:00:00

Last Modified: 2018-05-10

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