DoD Awards $42.8M for Torpedo Engineering Support to McLaughlin Research Corp

Contract Overview

Contract Amount: $42,793,644 ($42.8M)

Contractor: Mclaughlin Research Corporation

Awarding Agency: Department of Defense

Start Date: 2018-12-21

End Date: 2024-12-20

Contract Duration: 2,191 days

Daily Burn Rate: $19.5K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: TORPEDO ANALYSIS, FLEET ENGINEERING SUPPORT AND PROGRAM AND ADMINISTRATIVE SUPPORT SERVICES

Place of Performance

Location: NEWPORT, NEWPORT County, RHODE ISLAND, 02841

State: Rhode Island Government Spending

Plain-Language Summary

Department of Defense obligated $42.8 million to MCLAUGHLIN RESEARCH CORPORATION for work described as: TORPEDO ANALYSIS, FLEET ENGINEERING SUPPORT AND PROGRAM AND ADMINISTRATIVE SUPPORT SERVICES Key points: 1. Contract value of $42.8M over 6 years. 2. Awarded via full and open competition. 3. Risk of cost overruns due to Cost Plus Fixed Fee structure. 4. Services fall under Engineering Services sector.

Value Assessment

Rating: fair

The contract is a Cost Plus Fixed Fee type, which can lead to cost overruns if not managed carefully. Benchmarking against similar engineering support contracts is difficult without more detailed cost breakdowns.

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. However, the Cost Plus Fixed Fee structure may limit the incentive for the contractor to control costs.

Taxpayer Impact: Taxpayer funds are being used for critical defense engineering services. The Cost Plus Fixed Fee structure warrants close oversight to ensure cost efficiency.

Public Impact

Supports critical Navy torpedo systems. Ensures continued operational readiness of fleet assets. Potential for long-term reliance on a single contractor for specialized support.

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 defense readiness. Spending benchmarks for similar specialized engineering support services can vary widely based on complexity and duration.

Small Business Impact

The data indicates that this contract was not awarded to a small business. There is no information provided on subcontracting opportunities for small businesses within this award.

Oversight & Accountability

The Department of the Navy is responsible for oversight. The Cost Plus Fixed Fee contract type necessitates diligent monitoring of costs and performance to ensure accountability and prevent waste.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $42.8 million to MCLAUGHLIN RESEARCH CORPORATION. TORPEDO ANALYSIS, FLEET ENGINEERING SUPPORT AND PROGRAM AND ADMINISTRATIVE SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is MCLAUGHLIN RESEARCH 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 $42.8 million.

What is the period of performance?

Start: 2018-12-21. End: 2024-12-20.

What is the projected profit margin for McLaughlin Research Corporation under this Cost Plus Fixed Fee contract, and how does it compare to industry standards for similar services?

The specific profit margin is not detailed in the provided data. Cost Plus Fixed Fee contracts allow for the reimbursement of all allowable costs plus a negotiated fixed fee representing profit. To assess if it's reasonable, one would need to compare the fixed fee percentage against typical profit margins for engineering services in the defense sector, considering the contract's complexity and risk.

What specific torpedo systems and engineering challenges does this contract address, and what are the potential risks if these services are not adequately provided?

The contract covers 'TORPEDO ANALYSIS, FLEET ENGINEERING SUPPORT AND PROGRAM AND ADMINISTRATIVE SUPPORT SERVICES.' Specific systems are not detailed, but risks of inadequate service include compromised torpedo system performance, reduced fleet readiness, potential mission failures, and increased long-term maintenance costs due to unresolved engineering issues.

How will the Department of the Navy ensure cost efficiency and prevent potential cost overruns given the Cost Plus Fixed Fee contract structure?

The Navy will likely employ robust contract management practices, including detailed cost monitoring, regular performance reviews, and audits. Establishing clear performance metrics and milestones, along with stringent review processes for cost reimbursement requests, are crucial to maintaining cost control and ensuring value for taxpayer money.

Industry Classification

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

Product/Service Code: RESEARCH AND DEVELOPMENTDEFENSE (OTHER) R&D

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: N6660418R3015

Offers Received: 2

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 130 EUGENE ONEILL DR, NEW LONDON, CT, 06320

Business Categories: Category Business, Small Business

Financial Breakdown

Contract Ceiling: $54,086,826

Exercised Options: $54,086,826

Current Obligation: $42,793,644

Actual Outlays: $3,875,330

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N0017804D4083

IDV Type: IDC

Timeline

Start Date: 2018-12-21

Current End Date: 2024-12-20

Potential End Date: 2024-12-20 00:00:00

Last Modified: 2025-07-30

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