NASA awards $15.5M contract to University of Colorado for research services

Contract Overview

Contract Amount: $15,510,817 ($15.5M)

Contractor: THE Regents of the University of Colorado

Awarding Agency: National Aeronautics and Space Administration

Start Date: 1999-11-15

End Date: 2003-05-31

Contract Duration: 1,293 days

Daily Burn Rate: $12.0K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Number of Offers Received: 1

Pricing Type: COST NO FEE

Sector: R&D

Place of Performance

Location: BOULDER, BOULDER County, COLORADO, 80302

State: Colorado Government Spending

Plain-Language Summary

National Aeronautics and Space Administration obligated $15.5 million to THE REGENTS OF THE UNIVERSITY OF COLORADO for work described as: Key points: 1. Contract awarded to a university research institution, suggesting specialized expertise. 2. Long duration (1293 days) indicates a significant, ongoing project. 3. No small business participation noted, potentially limiting broader economic impact. 4. Cost-plus-fee contract type requires careful monitoring of expenses.

Value Assessment

Rating: fair

The contract type is 'COST NO FEE', which can be difficult to benchmark against fixed-price contracts. The award amount of $15.5M over approximately 3.5 years suggests a substantial research effort.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

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

Taxpayer Impact: Taxpayer funds are being used for research services, with the value for money dependent on the success and impact of the research outcomes.

Public Impact

Supports scientific research and development in areas relevant to NASA's mission. Potential for advancements that could benefit the public through technological or scientific breakthroughs. Funding a university research project may foster academic-industry partnerships.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Research and Development sector, specifically supporting scientific research for a federal agency. Benchmarks for similar university research contracts vary widely based on scope and duration.

Small Business Impact

The data indicates no specific provisions or set-asides for small businesses in this contract. This suggests that the primary contractor is likely a large institution, and opportunities for small businesses may be limited to subcontracting roles, if any.

Oversight & Accountability

Given the limited competition and cost-plus-fee structure, robust oversight by NASA is crucial to ensure the efficient use of taxpayer funds and the successful completion of research objectives. Performance monitoring and financial audits will be key.

Related Government Programs

Risk Flags

Tags

national-aeronautics-and-space-administr, co, dca, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

National Aeronautics and Space Administration awarded $15.5 million to THE REGENTS OF THE UNIVERSITY OF COLORADO. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is THE REGENTS OF THE UNIVERSITY OF COLORADO.

Which agency awarded this contract?

Awarding agency: National Aeronautics and Space Administration (National Aeronautics and Space Administration).

What is the total obligated amount?

The obligated amount is $15.5 million.

What is the period of performance?

Start: 1999-11-15. End: 2003-05-31.

What specific research area does this contract support, and what are the expected outcomes?

The specific research area is not detailed in the provided data. However, as it's with NASA, it likely pertains to space exploration, aeronautics, or related scientific fields. Expected outcomes would typically include research findings, data analysis, prototypes, or scientific publications contributing to NASA's mission objectives.

What is the justification for limiting competition on this $15.5M research contract?

The justification for limited competition is not provided. Typically, such justifications might include the unique capabilities of the contractor, urgent needs, or specific research requirements that only one entity can fulfill. Without this information, it's difficult to assess if the limited competition was appropriate or if it led to a less favorable price.

How will NASA ensure the effectiveness and value of the research conducted under this cost-plus-fee contract?

NASA will likely ensure effectiveness through rigorous performance monitoring, regular progress reviews, and milestone tracking. For a cost-plus-fee contract, strict financial oversight, including audits of expenditures, is essential to control costs and verify that funds are used appropriately and efficiently towards achieving the research goals.

Competition & Pricing

Extent Competed: NOT AVAILABLE FOR COMPETITION

Offers Received: 1

Pricing Type: COST NO FEE (S)

Contractor Details

Address: 914 BROADWAY ST, BOULDER, CO, 02

Business Categories: Category Business, Educational Institution, Higher Education, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $22,277,050

Exercised Options: $22,277,050

Current Obligation: $15,510,817

Timeline

Start Date: 1999-11-15

Current End Date: 2003-05-31

Potential End Date: 2003-05-31 00:00:00

Last Modified: 2009-05-20

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