NASA's $303.5M Sounding Rocket Contract Awarded to Peraton Inc. Under Full and Open Competition

Contract Overview

Contract Amount: $303,503,394 ($303.5M)

Contractor: Peraton Inc.

Awarding Agency: National Aeronautics and Space Administration

Start Date: 1999-10-15

End Date: 2011-10-14

Contract Duration: 4,382 days

Daily Burn Rate: $69.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: COST PLUS INCENTIVE FEE

Sector: Other

Official Description: NASA SOUNDING ROCKET OPERATIONS CONTRACT

Place of Performance

Location: HERNDON, FAIRFAX County, VIRGINIA, 20171

State: Virginia Government Spending

Plain-Language Summary

National Aeronautics and Space Administration obligated $303.5 million to PERATON INC. for work described as: NASA SOUNDING ROCKET OPERATIONS CONTRACT Key points: 1. Contract value of $303.5 million over 12 years. 2. Awarded to Peraton Inc. through full and open competition. 3. No small business participation noted. 4. Services fall under Engineering Services (NAICS 541330).

Value Assessment

Rating: good

The contract utilized a Cost Plus Incentive Fee (CPIF) structure, which incentivizes the contractor to control costs. The total value of $303.5 million over 12 years suggests a moderate annual spend.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, indicating a robust price discovery process. This method generally leads to more competitive pricing.

Taxpayer Impact: Full and open competition aims to ensure taxpayer funds are used efficiently by fostering a competitive environment for contract awards.

Public Impact

Supports NASA's scientific research missions through sounding rocket operations. Long-term contract provides stability for critical space science support. Potential for technological advancements in rocket operations and data collection.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Engineering Services sector, supporting specialized technical operations for NASA. Benchmarks for similar long-term, specialized engineering support contracts vary widely based on scope and complexity.

Small Business Impact

The data indicates that small businesses were not involved in this contract, either as prime contractors or subcontractors. Future solicitations could explore opportunities for small business participation to foster broader economic impact.

Oversight & Accountability

The contract's CPIF structure allows for oversight of cost performance and incentive payouts. NASA's procurement processes should ensure rigorous monitoring of contractor performance and adherence to contract terms.

Related Government Programs

Risk Flags

Tags

engineering-services, national-aeronautics-and-space-administr, va, definitive-contract, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

National Aeronautics and Space Administration awarded $303.5 million to PERATON INC.. NASA SOUNDING ROCKET OPERATIONS CONTRACT

Who is the contractor on this award?

The obligated recipient is PERATON INC..

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 $303.5 million.

What is the period of performance?

Start: 1999-10-15. End: 2011-10-14.

What was the specific performance period and key milestones achieved under this contract?

The contract spanned from October 15, 1999, to October 14, 2011, a duration of 4382 days. Key milestones would typically involve successful rocket launches, data acquisition, and operational support for various scientific payloads as defined in the contract's statement of work.

How did the final cost compare to the initial target cost, given the CPIF structure?

The Cost Plus Incentive Fee (CPIF) structure implies that both NASA and Peraton shared in cost savings or overruns relative to a target cost. Analyzing the final negotiated cost against the target cost would reveal the effectiveness of the incentive mechanism in controlling expenditures.

What was the impact of Peraton Inc. being the sole awardee on overall market competition for sounding rocket services?

While awarded under full and open competition, Peraton Inc. was the sole awardee. This suggests that either Peraton was the only bidder meeting all requirements or significantly outperformed others. Further analysis would be needed to understand if this limits future competition or drives innovation.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesArchitectural, Engineering, and Related ServicesEngineering Services

Product/Service Code: RESEARCH AND DEVELOPMENTSpace R&D Services

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Offers Received: 2

Pricing Type: COST PLUS INCENTIVE FEE (V)

Contractor Details

Parent Company: Veritas Capital Fund Management, L.L.C.

Address: 12975 WORLDGATE DR STE 7322, HERNDON, VA, 20170

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

Financial Breakdown

Contract Ceiling: $572,500,375

Exercised Options: $572,500,375

Current Obligation: $303,503,394

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Timeline

Start Date: 1999-10-15

Current End Date: 2011-10-14

Potential End Date: 2011-10-14 00:00:00

Last Modified: 2022-06-02

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