DoD Awards $111.6M for Engineering Services to Torch Technologies Inc. under Full and Open Competition

Contract Overview

Contract Amount: $111,638,671 ($111.6M)

Contractor: Torch Technologies Inc

Awarding Agency: Department of Defense

Start Date: 2008-07-01

End Date: 2013-12-31

Contract Duration: 2,009 days

Daily Burn Rate: $55.6K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: SERVICES

Place of Performance

Location: HUNTSVILLE, MADISON County, ALABAMA, 35898

State: Alabama Government Spending

Plain-Language Summary

Department of Defense obligated $111.6 million to TORCH TECHNOLOGIES INC for work described as: SERVICES Key points: 1. Significant contract value of $111.6 million awarded. 2. Competition was full and open, indicating a competitive bidding process. 3. Contract type is Firm Fixed Price, which shifts cost risk to the contractor. 4. Services fall under Engineering Services (NAICS 541330).

Value Assessment

Rating: good

The contract value of $111.6 million for engineering services appears reasonable given the 5-year duration. Benchmarking against similar large-scale engineering contracts would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a robust price discovery process. This method typically leads to more competitive pricing.

Taxpayer Impact: The competitive award process likely resulted in a fair price, maximizing the value of taxpayer funds for essential engineering services.

Public Impact

Supports critical engineering functions for the Department of the Army. Torch Technologies Inc. is a key provider in this service area. The contract duration spans over five years, indicating long-term support needs. Awarded in Alabama, potentially impacting local economies.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Positive Signals

  • Full and open competition
  • Firm Fixed Price contract type

Sector Analysis

Engineering services are crucial for defense projects, encompassing design, development, and testing. The $111.6 million award is substantial, reflecting complex requirements. Benchmarks for similar defense engineering contracts vary widely based on scope and duration.

Small Business Impact

The data indicates this contract was not awarded to small businesses, as Torch Technologies Inc. is likely a larger entity. Further analysis would be needed to determine if subcontracting opportunities were provided to small businesses.

Oversight & Accountability

The award was made by the Department of the Army, a component of the DoD, suggesting established oversight mechanisms. The firm fixed price contract type also provides a degree of cost control.

Related Government Programs

  • Engineering Services
  • Department of Defense Contracting
  • Department of the Army Programs

Risk Flags

  • Lack of specific service details
  • Potential for scope creep impacting fixed price
  • No explicit mention of small business subcontracting

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $111.6 million to TORCH TECHNOLOGIES INC. SERVICES

Who is the contractor on this award?

The obligated recipient is TORCH TECHNOLOGIES INC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Army).

What is the total obligated amount?

The obligated amount is $111.6 million.

What is the period of performance?

Start: 2008-07-01. End: 2013-12-31.

What specific engineering services were provided under this contract?

The contract falls under NAICS code 541330 for Engineering Services. While the specific details are not provided, this typically includes services such as research and development, design, consulting, and technical support related to engineering disciplines for defense applications.

What is the potential for cost overruns with a Firm Fixed Price contract?

Firm Fixed Price contracts generally place the cost risk on the contractor. However, unforeseen technical challenges or scope creep, if not managed through contract modifications, could still lead to contractor financial distress or requests for equitable adjustments, indirectly impacting overall program cost.

How does the $111.6 million value compare to similar engineering service contracts awarded by the DoD?

Without specific details on the scope and duration of comparable contracts, a precise comparison is difficult. However, $111.6 million over five years for specialized engineering services to a major defense contractor is within the expected range for significant defense support contracts.

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: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 4035 CHRIS DR SW STE C, HUNTSVILLE, AL, 35802

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business

Financial Breakdown

Contract Ceiling: $111,650,986

Exercised Options: $111,638,671

Current Obligation: $111,638,671

Contract Characteristics

Commercial Item: COMMERCIAL ITEM

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: W31P4Q08A0019

IDV Type: IDC

Timeline

Start Date: 2008-07-01

Current End Date: 2013-12-31

Potential End Date: 2013-12-31 12:12:00

Last Modified: 2021-12-28

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