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

State: South Carolina Government Spending

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

Positive Signals

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

Risk Flags

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 ServicesScientific Research and Development ServicesResearch and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)

Product/Service Code: RESEARCH AND DEVELOPMENTC – 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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