DoD's $116M Fleet Systems Engineering Contract Awarded to Peraton Inc. Under Full and Open Competition

Contract Overview

Contract Amount: $116,294,246 ($116.3M)

Contractor: Peraton Inc.

Awarding Agency: Department of Defense

Start Date: 2013-09-16

End Date: 2019-03-15

Contract Duration: 2,006 days

Daily Burn Rate: $58.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 5

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: FLEET SYSTEMS ENGINEERING SUPPORT FOR THE FLEET READINESS DIRECTORATE

Place of Performance

Location: SAN DIEGO, SAN DIEGO County, CALIFORNIA, 92110

State: California Government Spending

Plain-Language Summary

Department of Defense obligated $116.3 million to PERATON INC. for work described as: FLEET SYSTEMS ENGINEERING SUPPORT FOR THE FLEET READINESS DIRECTORATE Key points: 1. Significant contract value of $116.3 million for fleet systems engineering. 2. Awarded to Peraton Inc. through full and open competition, indicating a competitive bidding process. 3. Contract duration spans from September 2013 to March 2019. 4. The contract falls under Engineering Services (NAICS 541330) within the Department of Defense.

Value Assessment

Rating: good

The contract type is Cost Plus Fixed Fee, which can lead to higher costs if not managed carefully. However, the presence of full and open competition suggests efforts to control pricing.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded using full and open competition, allowing all eligible contractors to bid. This method generally promotes competitive pricing and ensures the government receives the best value.

Taxpayer Impact: The competitive nature of the award is expected to have a positive impact on taxpayer value by driving down costs through market forces.

Public Impact

Ensures continued operational readiness and modernization of naval fleets. Supports critical engineering services for the Fleet Readiness Directorate. Potential for technological advancements through contracted engineering expertise.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Engineering Services sector, specifically supporting naval fleet readiness. Spending in this sector is crucial for national defense and infrastructure maintenance, with benchmarks varying based on project complexity and duration.

Small Business Impact

The data indicates this contract was not set aside for small businesses and was awarded to Peraton Inc., a large business. There is no direct indication of small business subcontracting opportunities within this specific award data.

Oversight & Accountability

The contract was awarded by the Department of the Navy, part of the Department of Defense, which has established oversight mechanisms for defense contracts. The competitive award process itself is a form of oversight.

Related Government Programs

Risk Flags

Tags

engineering-services, department-of-defense, ca, delivery-order, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $116.3 million to PERATON INC.. FLEET SYSTEMS ENGINEERING SUPPORT FOR THE FLEET READINESS DIRECTORATE

Who is the contractor on this award?

The obligated recipient is PERATON 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 $116.3 million.

What is the period of performance?

Start: 2013-09-16. End: 2019-03-15.

What specific engineering services were provided under this contract, and how did they contribute to fleet readiness?

The contract provided fleet systems engineering support for the Fleet Readiness Directorate. This likely encompassed a range of services such as design, analysis, testing, and integration of complex systems to ensure naval vessels are operationally ready and technologically current. The specific contributions would involve maintaining and improving the performance, reliability, and safety of critical fleet systems.

Given the Cost Plus Fixed Fee structure, what measures were in place to mitigate potential cost overruns and ensure value for taxpayers?

While the Cost Plus Fixed Fee (CPFF) structure can present cost risks, the full and open competition process is a primary mechanism for ensuring value. Additionally, the Department of the Navy likely implemented robust oversight, performance metrics, and regular reviews to monitor costs, control scope, and ensure that the fixed fee remained appropriate for the services rendered.

How did the competition process ensure that Peraton Inc.'s bid represented the best value for the government compared to other potential bidders?

The full and open competition allowed multiple qualified contractors to submit proposals, fostering a competitive environment. The government would have evaluated these proposals based on a combination of technical merit, past performance, and price. This process aims to identify the offer that provides the greatest overall value, not just the lowest price, ensuring the selected contractor is best suited to meet the complex engineering needs.

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: N0002413R3069

Offers Received: 5

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Parent Company: Veritas Capital Fund Management, L.L.C.

Address: 12975 WORLDGATE DR STE 2413, HERNDON, VA, 20170

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

Financial Breakdown

Contract Ceiling: $241,078,493

Exercised Options: $144,207,605

Current Obligation: $116,294,246

Subaward Activity

Number of Subawards: 8

Total Subaward Amount: $41,817,500

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N0017805D4395

IDV Type: IDC

Timeline

Start Date: 2013-09-16

Current End Date: 2019-03-15

Potential End Date: 2019-03-15 00:00:00

Last Modified: 2024-09-09

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