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
- Cost-plus contract type can lead to cost overruns if not managed tightly.
- Long contract duration (5 years) may not adapt quickly to changing technological needs.
Positive Signals
- Full and open competition generally yields better pricing.
- Award to a single entity suggests specialized capabilities.
- Contract supports essential defense functions.
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
- Engineering Services
- Department of Defense Contracting
- Department of the Navy Programs
Risk Flags
- Cost Overruns Risk (CPFF)
- Scope Creep Potential
- Vendor Lock-in (if specialized)
- Long-term contract inflexibility
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 Services › Architectural, Engineering, and Related Services › Engineering 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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