DoD awards $57M for Engineering & Tech Support to SEACORP, LLC under full and open competition

Contract Overview

Contract Amount: $57,033,546 ($57.0M)

Contractor: Seacorp, LLC

Awarding Agency: Department of Defense

Start Date: 2020-04-01

End Date: 2024-03-31

Contract Duration: 1,460 days

Daily Burn Rate: $39.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: Other

Official Description: STRIKE ENGINEERING AND TECH. SUPPORT SERVICES (CODE 25)

Place of Performance

Location: NEWPORT, NEWPORT County, RHODE ISLAND, 02841

State: Rhode Island Government Spending

Plain-Language Summary

Department of Defense obligated $57.0 million to SEACORP, LLC for work described as: STRIKE ENGINEERING AND TECH. SUPPORT SERVICES (CODE 25) Key points: 1. Significant contract value of $57M for specialized engineering and technical support. 2. SEACORP, LLC, a single awardee, highlights potential for concentrated expertise. 3. Full and open competition suggests a robust market for these services. 4. The contract spans four years, indicating a long-term need for these capabilities.

Value Assessment

Rating: good

The contract type is Cost Plus Fixed Fee, which can lead to higher costs if not managed carefully. However, the benchmark of $39,064 for this type of contract suggests reasonable pricing for the scope.

Cost Per Unit: $39,064

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a competitive bidding process. This method generally leads to better price discovery and potentially lower costs for the government.

Taxpayer Impact: The competitive nature of the award is positive for taxpayers, suggesting that the government sought the best value through a broad solicitation.

Public Impact

Ensures continued availability of critical engineering and technical support for defense operations. Supports SEACORP, LLC's operations and potentially its workforce in Rhode Island. The long-term nature of the contract provides stability for both the contractor and the agency.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under Engineering Services, a sector crucial for defense operations. The $57M award is substantial, reflecting the complexity and importance of the services provided. Benchmarks for similar contracts are essential for ongoing cost evaluation.

Small Business Impact

The data indicates this was a single award to SEACORP, LLC and does not specify any small business participation. Further analysis would be needed to determine if small businesses were involved as subcontractors.

Oversight & Accountability

The Defense Contract Management Agency's involvement suggests oversight is in place. However, the Cost Plus Fixed Fee structure necessitates vigilant monitoring to ensure cost efficiency and prevent overruns.

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 $57.0 million to SEACORP, LLC. STRIKE ENGINEERING AND TECH. SUPPORT SERVICES (CODE 25)

Who is the contractor on this award?

The obligated recipient is SEACORP, LLC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Contract Management Agency).

What is the total obligated amount?

The obligated amount is $57.0 million.

What is the period of performance?

Start: 2020-04-01. End: 2024-03-31.

What specific engineering and technical support services are included in this contract, and how do they align with current defense needs?

The contract details are limited, but 'Engineering Services' (NAICS 541330) typically encompass design, consulting, and development related to engineering disciplines. For the Department of Defense, this could range from weapons system development to infrastructure support. Understanding the precise scope is crucial to assess its alignment with evolving defense priorities and technological advancements.

Given the Cost Plus Fixed Fee structure, what mechanisms are in place to ensure cost control and prevent potential overruns?

Cost Plus Fixed Fee contracts require robust government oversight. Mechanisms should include detailed audits of contractor costs, regular performance reviews, and clear milestones for fee realization. The Defense Contract Management Agency's role is critical here in monitoring expenditures and ensuring adherence to the contract's fixed fee and cost ceilings to protect taxpayer funds.

How does the $39,064 benchmark for this contract type compare to similar engineering services contracts awarded by the DoD?

The provided benchmark of $39,064 needs context regarding the specific services rendered and the contract's duration and complexity. A comprehensive comparison would involve analyzing similar Cost Plus Fixed Fee engineering services contracts within the DoD, considering factors like labor categories, overhead rates, and the overall scope of work to determine if this contract represents a fair and reasonable price.

Industry Classification

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

Product/Service Code: RESEARCH AND DEVELOPMENTC – National Defense R&D Services

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: N6660419R3509

Offers Received: 1

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 62 JOHNNY CAKE HILL RD, MIDDLETOWN, RI, 02842

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

Financial Breakdown

Contract Ceiling: $70,404,577

Exercised Options: $65,781,293

Current Obligation: $57,033,546

Actual Outlays: $3,621,436

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N0017819D8623

IDV Type: IDC

Timeline

Start Date: 2020-04-01

Current End Date: 2024-03-31

Potential End Date: 2025-03-31 00:00:00

Last Modified: 2026-02-26

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