DoD Awards $76.7M Contract for Energy Recirculation System to GE Energy Power Conversion USA Inc

Contract Overview

Contract Amount: $76,699,668 ($76.7M)

Contractor: GE Energy Power Conversion USA Inc.

Awarding Agency: Department of Defense

Start Date: 2014-08-15

End Date: 2017-09-30

Contract Duration: 1,142 days

Daily Burn Rate: $67.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: IGF::OT::IGF CONTRACT AWARD FOR P536 ENERGY RECIRCULATION SYSTEM AT THE NAVAL WARFARE CENTER CARDEROCK DIV BLDG. 633 COMPLEX PHILADELPHIA, PA

Place of Performance

Location: PHILADELPHIA, PHILADELPHIA County, PENNSYLVANIA, 19112

State: Pennsylvania Government Spending

Plain-Language Summary

Department of Defense obligated $76.7 million to GE ENERGY POWER CONVERSION USA INC. for work described as: IGF::OT::IGF CONTRACT AWARD FOR P536 ENERGY RECIRCULATION SYSTEM AT THE NAVAL WARFARE CENTER CARDEROCK DIV BLDG. 633 COMPLEX PHILADELPHIA, PA Key points: 1. The contract, valued at $76.7 million, was awarded to GE Energy Power Conversion USA Inc. for an energy recirculation system. 2. The award was made under full and open competition, suggesting a competitive bidding process. 3. The contract duration is 1142 days, ending in September 2017. 4. The sector is Commercial and Institutional Building Construction, with a Product Service Code of 236220.

Value Assessment

Rating: fair

The contract value of $76.7 million for an energy recirculation system appears to be within a reasonable range for complex infrastructure projects of this nature. However, without specific benchmarks for similar energy recirculation systems, a precise pricing assessment is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally promotes price discovery and competitive pricing.

Taxpayer Impact: Taxpayer funds were utilized for this procurement, with the expectation of receiving value for money through the competitive process.

Public Impact

Enhances energy efficiency at the Naval Warfare Center Carderock Division. Supports critical infrastructure at a key naval research facility. Potential for long-term operational cost savings through improved energy management.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Commercial and Institutional Building Construction sector, specifically related to energy systems. Spending in this area for defense facilities is crucial for operational efficiency and modernization, with benchmarks varying widely based on project scope and technology.

Small Business Impact

The data indicates that this contract was not awarded to small businesses (sb: false). Therefore, there is no direct benefit to small businesses from this specific award.

Oversight & Accountability

Oversight would typically involve monitoring contract performance, adherence to specifications, and financial management by the Department of the Navy to ensure the successful delivery of the energy recirculation system and proper use of funds.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, department-of-defense, pa, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $76.7 million to GE ENERGY POWER CONVERSION USA INC.. IGF::OT::IGF CONTRACT AWARD FOR P536 ENERGY RECIRCULATION SYSTEM AT THE NAVAL WARFARE CENTER CARDEROCK DIV BLDG. 633 COMPLEX PHILADELPHIA, PA

Who is the contractor on this award?

The obligated recipient is GE ENERGY POWER CONVERSION USA INC..

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Navy).

What is the total obligated amount?

The obligated amount is $76.7 million.

What is the period of performance?

Start: 2014-08-15. End: 2017-09-30.

What was the specific nature of the energy recirculation system and its expected performance improvements?

The provided data does not detail the specific technical specifications or expected performance improvements of the energy recirculation system. Further analysis would require access to the contract's statement of work and technical documentation to understand the system's design, its intended function within the Naval Warfare Center Carderock Division's facilities, and the quantifiable energy savings or efficiency gains anticipated.

How did the final price compare to initial estimates or bids from other competitors?

While the contract was awarded under full and open competition, the provided data does not include information on initial estimates or the pricing of other bids. To assess the value for money, a comparison of the awarded price against the government's independent cost estimate and the prices submitted by other competing firms would be necessary.

What is the long-term operational and maintenance cost associated with this system?

The provided data focuses on the initial award value and duration, not the long-term operational and maintenance (O&M) costs. Understanding the total lifecycle cost of the energy recirculation system would require information on maintenance schedules, spare parts, energy consumption of the system itself, and potential upgrade requirements over its operational lifespan.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionCommercial and Institutional Building Construction

Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIESCONSTRUCTION OF BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N4008514R5202

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: General Electric Company (UEI: 001367960)

Address: 610 EPSILON DR, PITTSBURGH, PA, 15238

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

Financial Breakdown

Contract Ceiling: $76,699,668

Exercised Options: $76,699,668

Current Obligation: $76,699,668

Subaward Activity

Number of Subawards: 113

Total Subaward Amount: $65,100,527

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2014-08-15

Current End Date: 2017-09-30

Potential End Date: 2017-09-30 00:00:00

Last Modified: 2019-12-27

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