DoD Awards Vertex Aerospace $218M for Aircraft Maintenance and Logistics Support

Contract Overview

Contract Amount: $218,036,301 ($218.0M)

Contractor: Vertex Aerospace LLC

Awarding Agency: Department of Defense

Start Date: 2020-09-30

End Date: 2021-09-30

Contract Duration: 365 days

Daily Burn Rate: $597.4K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: COST NO FEE

Sector: Defense

Official Description: IGF T-45 U.S.N. AIRCRAFT MAINTENANCE AND LOGISTICS SUPPORT (CLS)

Place of Performance

Location: MADISON, MADISON County, MISSISSIPPI, 39110

State: Mississippi Government Spending

Plain-Language Summary

Department of Defense obligated $218.0 million to VERTEX AEROSPACE LLC for work described as: IGF T-45 U.S.N. AIRCRAFT MAINTENANCE AND LOGISTICS SUPPORT (CLS) Key points: 1. Significant contract value of over $218 million for essential aircraft support. 2. Vertex Aerospace LLC is the sole awardee, raising questions about competition. 3. Potential risk associated with single-source awards and price justification. 4. Spending falls within the Defense sector, specifically air transportation support.

Value Assessment

Rating: fair

The contract type is Cost No Fee, which can lead to cost overruns if not managed carefully. Benchmarking against similar contracts is difficult without detailed cost breakdowns.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Despite the award being listed as 'Full and Open Competition', only Vertex Aerospace LLC is named as the contractor. This suggests a potential delivery order under a larger IDIQ, or a lack of transparency in the award process. The price discovery mechanism is unclear.

Taxpayer Impact: Taxpayer funds are being utilized for a substantial aircraft support contract. The lack of clear competition details warrants scrutiny to ensure value for money.

Public Impact

Ensures operational readiness of U.S. Navy aircraft through maintenance and logistics. Supports jobs within the aerospace and defense industry. Impacts the efficiency and cost-effectiveness of military aviation operations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under the Defense sector, specifically focusing on air transportation support services. Spending benchmarks for similar aircraft maintenance and logistics contracts can vary widely based on aircraft type, scope of work, and duration.

Small Business Impact

The data does not indicate any specific provisions or set-asides for small businesses in this contract award. Further analysis would be needed to determine if small businesses were involved as subcontractors.

Oversight & Accountability

The Department of Defense, through the Defense Contract Management Agency, is responsible for overseeing this contract. Robust oversight is crucial, especially with a Cost No Fee structure, to ensure performance and prevent waste.

Related Government Programs

Risk Flags

Tags

other-support-activities-for-air-transpo, department-of-defense, ms, delivery-order, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $218.0 million to VERTEX AEROSPACE LLC. IGF T-45 U.S.N. AIRCRAFT MAINTENANCE AND LOGISTICS SUPPORT (CLS)

Who is the contractor on this award?

The obligated recipient is VERTEX AEROSPACE 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 $218.0 million.

What is the period of performance?

Start: 2020-09-30. End: 2021-09-30.

What specific factors justified the selection of Vertex Aerospace LLC under a 'Full and Open Competition' designation, and were other bids considered?

The designation 'Full and Open Competition' typically implies that all responsible sources were permitted to submit a bid. However, the award to a single entity, Vertex Aerospace LLC, suggests this might be a delivery order against a pre-existing contract vehicle, or that only one bid was deemed responsive or responsible. Further details on the solicitation and evaluation process are needed to fully understand the competition dynamics and ensure taxpayer value.

What are the primary risks associated with a 'Cost No Fee' contract for aircraft maintenance, and how are they mitigated?

The primary risk of a 'Cost No Fee' contract is the potential for cost overruns, as the contractor is reimbursed for all allowable costs. Mitigation strategies include stringent cost monitoring, performance metrics, and clear contract terms defining allowable expenses. Effective oversight by the contracting agency is paramount to control spending and ensure the government receives fair value for the services rendered.

How does this $218 million contract contribute to the overall effectiveness and readiness of U.S. Navy aviation assets?

This contract is critical for maintaining the operational readiness of U.S. Navy aircraft. By ensuring timely and effective maintenance and logistics support, it directly impacts the availability of aircraft for missions, training, and deployment. The contractor's performance directly correlates with the fleet's ability to execute its duties, underscoring the importance of this significant investment.

Industry Classification

NAICS: Transportation and WarehousingSupport Activities for Air TransportationOther Support Activities for Air Transportation

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENTMAINT, REPAIR, REBUILD OF EQUIPMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N0001912R0001

Pricing Type: COST NO FEE (S)

Evaluated Preference: NONE

Contractor Details

Parent Company: Vertex Aerospace Services Corp.

Address: 555 INDUSTRIAL DR S, MADISON, MS, 39110

Business Categories: Category Business, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $218,036,301

Exercised Options: $218,036,301

Current Obligation: $218,036,301

Actual Outlays: $53,168,163

Subaward Activity

Number of Subawards: 178

Total Subaward Amount: $56,405,501

Contract Characteristics

Consolidated Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N0001914D0011

IDV Type: IDC

Timeline

Start Date: 2020-09-30

Current End Date: 2021-09-30

Potential End Date: 2021-09-30 00:00:00

Last Modified: 2022-08-11

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