DoD Awards $36.8M for Engineering Services to EPS Corporation, Competition Method: Full and Open

Contract Overview

Contract Amount: $36,850,259 ($36.9M)

Contractor: EPS Corporation

Awarding Agency: Department of Defense

Start Date: 2021-04-15

End Date: 2026-03-03

Contract Duration: 1,783 days

Daily Burn Rate: $20.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: TECHNICAL AND ENGINEERING SUPPORT SERVICES

Place of Performance

Location: PANAMA CITY BEACH, BAY County, FLORIDA, 32407

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $36.9 million to EPS CORPORATION for work described as: TECHNICAL AND ENGINEERING SUPPORT SERVICES Key points: 1. Contract Value: $36.85 million over 5 years. 2. Competition: Awarded under full and open competition. 3. Risk: Moderate risk due to cost-plus fixed fee contract type. 4. Sector: Engineering Services within the Defense sector.

Value Assessment

Rating: good

The contract's Cost Plus Fixed Fee (CPFF) structure allows for flexibility but requires careful monitoring to ensure costs remain reasonable. The awarded amount appears within a typical range for similar engineering support services.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, suggesting a robust price discovery process. This method typically leads to more competitive pricing by allowing all eligible vendors to bid.

Taxpayer Impact: The use of full and open competition is generally favorable for taxpayers as it promotes market efficiency and potentially lower prices.

Public Impact

Supports critical engineering and technical services for the Department of the Navy. Ensures continued operational readiness and development of naval systems. Potential for follow-on work based on performance and evolving needs.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Engineering Services sector, which is crucial for government operations, particularly in defense. Spending benchmarks for similar services vary widely based on complexity and duration, but the value here is substantial.

Small Business Impact

The data does not indicate any specific set-aside for small businesses. The contract was awarded to EPS Corporation, and further analysis would be needed to determine if small businesses were involved as subcontractors.

Oversight & Accountability

The Department of the Navy is responsible for oversight. The contract type and duration necessitate diligent monitoring of performance, costs, and adherence to technical specifications to ensure accountability.

Related Government Programs

Risk Flags

Tags

engineering-services, department-of-defense, fl, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $36.9 million to EPS CORPORATION. TECHNICAL AND ENGINEERING SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is EPS CORPORATION.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $36.9 million.

What is the period of performance?

Start: 2021-04-15. End: 2026-03-03.

What is the estimated total cost if the fixed fee is applied to the base contract value?

The contract is a Cost Plus Fixed Fee (CPFF) type. The total value of $36.85 million includes both the estimated cost and the fixed fee. Without knowing the breakdown, we cannot precisely determine the fee amount. However, the fixed fee is typically a small percentage of the total estimated cost, designed to incentivize efficiency.

What are the specific engineering services being provided under this contract?

The contract is broadly categorized under 'Engineering Services' (NAICS 541330). Specific details regarding the exact technical and engineering support would be found in the contract's Statement of Work (SOW). This typically includes design, analysis, testing, and technical consultation related to naval systems and platforms.

How does the awarded amount compare to historical spending on similar engineering services by the Navy?

Comparing this $36.85 million award requires access to historical spending data for comparable engineering services contracts by the Department of the Navy. Factors like contract duration, scope, and specific technical requirements influence pricing. A benchmark analysis against similar contracts would be necessary for a definitive comparison.

Industry Classification

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

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: N6133120R3007

Offers Received: 2

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 78 APPLE ST, TINTON FALLS, NJ, 07724

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

Financial Breakdown

Contract Ceiling: $45,227,994

Exercised Options: $45,227,994

Current Obligation: $36,850,259

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N0017819D7615

IDV Type: IDC

Timeline

Start Date: 2021-04-15

Current End Date: 2026-03-03

Potential End Date: 2026-03-03 00:00:00

Last Modified: 2026-01-02

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