DoD's $502M R&D Contract Awarded to Advanced Technology International for Physical Sciences Research
Contract Overview
Contract Amount: $5,026,415 ($5.0M)
Contractor: Advanced Technology International
Awarding Agency: Department of Defense
Start Date: 2022-08-03
End Date: 2027-08-02
Contract Duration: 1,825 days
Daily Burn Rate: $2.8K/day
Competition Type: FULL AND OPEN COMPETITION
Pricing Type: COST PLUS FIXED FEE
Sector: R&D
Official Description: MTC PROJECT DEVELOPMENT AND MANAGEMENT
Place of Performance
Location: SUMMERVILLE, BERKELEY County, SOUTH CAROLINA, 29486
Plain-Language Summary
Department of Defense obligated $5.0 million to ADVANCED TECHNOLOGY INTERNATIONAL for work described as: MTC PROJECT DEVELOPMENT AND MANAGEMENT Key points: 1. Significant investment in physical sciences R&D by the Department of the Navy. 2. Advanced Technology International, a key player, secures a substantial contract. 3. Potential for innovation in physical, engineering, and life sciences. 4. Contract duration of 5 years suggests long-term project scope.
Value Assessment
Rating: fair
The contract type is Cost Plus Fixed Fee, which can lead to higher costs if not managed carefully. Benchmarking against similar R&D contracts is difficult due to the specialized nature of the work.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, suggesting a competitive bidding process. However, the specific pricing discovery mechanisms for a Cost Plus Fixed Fee contract require further scrutiny to ensure optimal value.
Taxpayer Impact: Taxpayer funds are being allocated to advanced research, with the potential for significant technological advancements. Oversight is crucial to ensure cost-effectiveness.
Public Impact
Advancement of scientific knowledge and technological capabilities in physical sciences. Potential for new discoveries and applications benefiting national security and civilian sectors. Economic impact through research funding and potential job creation in the R&D sector.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Cost Plus Fixed Fee contract type can incentivize cost overruns.
- Lack of specific performance metrics makes value assessment challenging.
- Limited information on specific deliverables and expected outcomes.
Positive Signals
- Awarded under full and open competition.
- Significant investment in a critical R&D area.
- Long-term contract duration allows for in-depth research.
Sector Analysis
This contract falls under the Research and Development sector, specifically focusing on physical, engineering, and life sciences. Spending in this area is crucial for technological advancement and national security, with benchmarks varying widely based on project scope and complexity.
Small Business Impact
The data does not indicate any specific provisions or awards made to small businesses under this contract. Further analysis would be needed to determine the extent of small business participation.
Oversight & Accountability
The Department of the Navy is responsible for oversight. The Cost Plus Fixed Fee structure necessitates robust financial monitoring and performance evaluation to ensure accountability and prevent cost overruns.
Related Government Programs
- Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
- Department of Defense Contracting
- Department of the Navy Programs
Risk Flags
- Cost Plus Fixed Fee contract type.
- Lack of specific performance metrics.
- Potential for cost overruns without strict oversight.
- Limited public information on specific research objectives.
Tags
research-and-development-in-the-physical, department-of-defense, sc, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $5.0 million to ADVANCED TECHNOLOGY INTERNATIONAL. MTC PROJECT DEVELOPMENT AND MANAGEMENT
Who is the contractor on this award?
The obligated recipient is ADVANCED TECHNOLOGY INTERNATIONAL.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Navy).
What is the total obligated amount?
The obligated amount is $5.0 million.
What is the period of performance?
Start: 2022-08-03. End: 2027-08-02.
What are the key performance indicators (KPIs) and deliverables expected from this R&D contract to ensure effective utilization of funds?
Key performance indicators and deliverables are crucial for assessing the effectiveness of R&D contracts. Without specific details on expected scientific breakthroughs, technological advancements, or prototypes, it is challenging to gauge the true value and impact of the $502 million investment. A thorough review of the contract's statement of work and any associated performance metrics is necessary to ensure accountability and measure success against defined objectives.
How will the Cost Plus Fixed Fee structure be managed to mitigate risks of cost overruns and ensure fair pricing for taxpayers?
Managing a Cost Plus Fixed Fee contract requires stringent oversight to mitigate risks. The Department of the Navy must implement rigorous auditing procedures, regular progress reviews, and clear communication channels with Advanced Technology International. Establishing realistic cost ceilings and performance incentives can help control expenditures. Transparency in reporting actual costs and justifying any deviations from the initial estimates are vital for ensuring taxpayer value and accountability.
What is the anticipated long-term impact of this R&D investment on national security or technological innovation?
The long-term impact of this R&D investment hinges on the successful execution of research in physical, engineering, and life sciences. Potential outcomes could range from developing next-generation defense technologies to breakthroughs in materials science or energy. The five-year duration suggests a commitment to substantial progress. However, the specific nature of the research and its alignment with strategic national goals will ultimately determine its lasting significance and contribution to innovation.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Scientific Research and Development Services › Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
Product/Service Code: RESEARCH AND DEVELOPMENT › C – National Defense R&D Services
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Pricing Type: COST PLUS FIXED FEE (U)
Evaluated Preference: NONE
Contractor Details
Address: 315 SIGMA DR, SUMMERVILLE, SC, 29486
Business Categories: Category Business, Corporate Entity Tax Exempt, Nonprofit Organization, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $8,951,230
Exercised Options: $6,820,423
Current Obligation: $5,026,415
Subaward Activity
Number of Subawards: 4
Total Subaward Amount: $694,434
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: YES
Parent Contract
Parent Award PIID: N0001422D7004
IDV Type: IDC
Timeline
Start Date: 2022-08-03
Current End Date: 2027-08-02
Potential End Date: 2027-08-02 00:00:00
Last Modified: 2026-01-05
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