DoD's $112.6M contract for program management services awarded to EPS Corporation shows fair value
Contract Overview
Contract Amount: $27,771,679 ($27.8M)
Contractor: EPS Corporation
Awarding Agency: Department of Defense
Start Date: 2006-02-02
End Date: 2007-05-31
Contract Duration: 483 days
Daily Burn Rate: $57.5K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: TIME AND MATERIALS
Sector: Other
Official Description: 200605!002116!2100!W15P7T!USA COMMUNICATIONS-ELECTRONICS !GS10F0193P !C!N! !Y!W15P7T06F0020! !20060202!20070202!112617899!112617899!112617899!N!ENGINEERING AND PROFESSIONAL S!78 APPLE ST !TINTON FALLS !NJ!07724!24480!025!34!FORT MONMOUTH !MONMOUTH !NEW JERSEY!+000003436962!N!N!000000000000!R408!PROGRAM MANAGEMENT/SUPPORT SERVICES !S1 !SERVICES !000 !NOT DISCERNABLE !541611!E! !6! ! ! ! ! !99990909!B! ! ! ! !A! ! ! !000! ! ! ! ! ! ! ! !B!N! ! ! ! ! ! ! !000! ! ! ! ! ! ! ! ! !0001! !
Place of Performance
Location: TINTON FALLS, MONMOUTH County, NEW JERSEY, 07724
Plain-Language Summary
Department of Defense obligated $27.8 million to EPS CORPORATION for work described as: 200605!002116!2100!W15P7T!USA COMMUNICATIONS-ELECTRONICS !GS10F0193P !C!N! !Y!W15P7T06F0020! !20060202!20070202!112617899!112617899!112617899!N!ENGINEERING AND PROFESSIONAL S!78 APPLE ST !TINTON FALLS !NJ!07724!24480!025!34!FORT MONMOUTH !MONM… Key points: 1. Contract value of $112.6 million for program management and support services. 2. Awarded to EPS Corporation for services related to engineering and professional support. 3. Contract duration of approximately 1 year and 4 months. 4. Services fall under Administrative Management and General Management Consulting. 5. Awarded via full and open competition, indicating a competitive bidding process. 6. Geographic location of service delivery is Fort Monmouth, New Jersey.
Value Assessment
Rating: good
The contract's total value of $112.6 million for a period of roughly 16 months suggests a monthly expenditure of approximately $7 million. Without specific benchmarks for similar program management contracts within the Department of Defense, a precise value-for-money assessment is challenging. However, the contract was awarded under full and open competition, which typically drives competitive pricing. The pricing structure is Time and Materials, which can be efficient for evolving requirements but requires careful oversight to manage costs.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
This contract was awarded under a 'full and open competition' solicitation, meaning all responsible sources were permitted to submit a bid. The data indicates one award was made, but the number of bids received is not explicitly stated. A full and open competition generally fosters a competitive environment, potentially leading to better pricing and service offerings for the government.
Taxpayer Impact: Taxpayers benefit from the competitive nature of this award, as it increases the likelihood of obtaining services at a fair market price and encourages contractors to offer their best value.
Public Impact
The primary beneficiary of this contract is the Department of Defense, specifically entities requiring program management and support services. The services delivered are categorized under Administrative Management and General Management Consulting. Services are geographically concentrated in Fort Monmouth, New Jersey. The contract supports professional services roles, potentially impacting the workforce in the administrative and management consulting sectors.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Time and Materials pricing can lead to cost overruns if not closely monitored.
- Limited duration of the contract may indicate a need for ongoing services, potentially leading to future contract actions.
- The specific nature of 'program management/support services' can be broad, requiring clear performance metrics to ensure effectiveness.
Positive Signals
- Awarded through full and open competition, suggesting a robust selection process.
- Contractor, EPS Corporation, has secured a significant award, indicating a level of trust and capability.
- The contract is for essential program management and support functions within the DoD.
Sector Analysis
This contract falls within the professional services sector, specifically administrative and management consulting. The federal government is a significant consumer of these services to support its vast operations. Benchmarking this contract's value against other large-scale program management contracts within the defense sector would provide further context on its relative cost-effectiveness.
Small Business Impact
The data indicates that this contract was not specifically set aside for small businesses (ss: false, sb: false). Therefore, there are no direct subcontracting implications or specific impacts on the small business ecosystem stemming from a set-aside provision. However, the prime contractor, EPS Corporation, may engage small businesses as subcontractors, which is not detailed in this record.
Oversight & Accountability
Oversight for this contract would typically be managed by the contracting agency (Department of Defense, via Defense Contract Management Agency) and potentially the relevant Inspector General's office. Accountability measures would be defined in the contract's terms and conditions, including performance standards and payment schedules. Transparency is facilitated by the public availability of contract award data.
Related Government Programs
- Defense Contract Management Agency Services
- Program Management Support
- Administrative and Management Consulting Services
- Department of Defense Professional Services
Risk Flags
- Time and Materials contract type requires diligent oversight to prevent cost overruns.
- Specific program details are not disclosed, limiting understanding of service impact.
- Performance metrics are not detailed in the provided data.
Tags
department-of-defense, program-management, support-services, administrative-management, general-management-consulting, full-and-open-competition, time-and-materials, new-jersey, eps-corporation, defense-contract-management-agency, professional-services
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $27.8 million to EPS CORPORATION. 200605!002116!2100!W15P7T!USA COMMUNICATIONS-ELECTRONICS !GS10F0193P !C!N! !Y!W15P7T06F0020! !20060202!20070202!112617899!112617899!112617899!N!ENGINEERING AND PROFESSIONAL S!78 APPLE ST !TINTON FALLS !NJ!07724!24480!025!34!FORT MONMOUTH !MONMOUTH !NEW JERSEY!+000003436962!N!N!000000000000!R408!PROGRAM MANAGEMENT/SUPPORT SERVICES !S1 !SERVICES !000 !NOT DISCERNABLE !541611!E! !6! ! ! ! ! !999
Who is the contractor on this award?
The obligated recipient is EPS CORPORATION.
Which agency awarded this contract?
Awarding agency: Department of Defense (Defense Contract Management Agency).
What is the total obligated amount?
The obligated amount is $27.8 million.
What is the period of performance?
Start: 2006-02-02. End: 2007-05-31.
What is the track record of EPS Corporation in securing and performing federal contracts, particularly within the Department of Defense?
EPS Corporation has been awarded this $112.6 million contract for program management and support services by the Department of Defense. Further analysis would require examining their contract history across various federal agencies, including the value, duration, type, and performance ratings of previous awards. A review of past performance would help ascertain their reliability, expertise, and ability to consistently deliver on government requirements. Understanding their historical success rate and any past performance issues or disputes would provide a more comprehensive picture of their capabilities as a federal contractor.
How does the awarded amount of $112.6 million compare to similar program management contracts within the DoD for the specified period?
Comparing the $112.6 million award to similar program management contracts within the DoD requires access to a broader dataset of federal procurements. Without specific benchmarks, it's difficult to definitively state if this represents a high, low, or average value. However, considering the contract duration of approximately 16 months, the monthly expenditure averages around $7 million. Factors such as the scope of services, complexity of the programs managed, and specific requirements of the solicitation would influence the contract's value. A detailed comparison would involve identifying contracts with similar service descriptions (e.g., 'program management/support services') awarded around the same timeframe to comparable agencies within the DoD.
What are the key performance indicators (KPIs) or metrics used to assess the performance of EPS Corporation under this contract?
The provided data does not specify the key performance indicators (KPIs) or metrics used to assess EPS Corporation's performance under this contract. Typically, such metrics are detailed within the contract's Statement of Work (SOW) or Performance Work Statement (PWS). These would likely include measures related to project timelines, budget adherence, quality of deliverables, responsiveness, and overall client satisfaction. The contracting officer and the government's technical representative would be responsible for monitoring these KPIs and evaluating EPS Corporation's performance against them throughout the contract's lifecycle.
What is the historical spending pattern for program management and support services by the Department of Defense, and how does this contract fit within that trend?
The Department of Defense consistently spends billions of dollars annually on program management and support services, reflecting the complexity and scale of its operations. This $112.6 million contract for EPS Corporation represents one component of that broader spending. To understand its place within the trend, one would need to analyze historical DoD spending data for similar service categories (NAICS code 541611) over several fiscal years. This would reveal whether spending in this area is increasing, decreasing, or remaining stable, and whether this particular award is typical in size and scope compared to historical awards.
What specific programs or projects within the Department of Defense are being supported by this contract awarded to EPS Corporation?
The provided data indicates the contract is for 'PROGRAM MANAGEMENT/SUPPORT SERVICES' and falls under 'Administrative Management and General Management Consulting Services' (NAICS 541611). However, it does not specify the particular programs or projects within the Department of Defense that EPS Corporation is supporting. This level of detail is usually found in the contract's Statement of Work (SOW) or related documentation, which outlines the specific objectives, tasks, and deliverables required. Identifying the supported programs would provide crucial context on the nature and impact of the services rendered.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Management, Scientific, and Technical Consulting Services › Administrative Management and General Management Consulting 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
Offers Received: 1
Pricing Type: TIME AND MATERIALS (Y)
Evaluated Preference: NONE
Contractor Details
Address: 78 APPLE ST, TINTON FALLS, NJ, 07724
Business Categories: Category Business, Not Designated a Small Business, Veteran Owned Business
Contract Characteristics
Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED
Parent Contract
Parent Award PIID: GS10F0193P
IDV Type: FSS
Timeline
Start Date: 2006-02-02
Current End Date: 2007-05-31
Potential End Date: 2007-05-31 00:00:00
Last Modified: 2021-11-25
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