DoD's $88.6M IGF GBTS Services Contract Awarded to FlightSafety Defense Corp

Contract Overview

Contract Amount: $88,558,801 ($88.6M)

Contractor: Flightsafety Defense Corporation

Awarding Agency: Department of Defense

Start Date: 2013-12-27

End Date: 2016-12-31

Contract Duration: 1,100 days

Daily Burn Rate: $80.5K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: IGF::CT::IGF GBTS SERVICES

Place of Performance

Location: ENGLEWOOD, ARAPAHOE County, COLORADO, 80112

State: Colorado Government Spending

Plain-Language Summary

Department of Defense obligated $88.6 million to FLIGHTSAFETY DEFENSE CORPORATION for work described as: IGF::CT::IGF GBTS SERVICES Key points: 1. Significant contract value of $88.6 million. 2. Awarded to a single vendor, FlightSafety Defense Corporation. 3. Contract duration spans over three years. 4. The North American Industry Classification System (NAICS) code is 336413, related to aircraft parts manufacturing.

Value Assessment

Rating: fair

The contract's total value is $88.6 million. Without specific per-unit cost data or benchmarks for similar services, a precise value assessment is difficult. However, the duration and scope suggest a substantial investment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a competitive bidding process. This method is generally expected to yield fair market prices, though specific price discovery details are not provided.

Taxpayer Impact: Taxpayer funds are utilized for this contract. The full and open competition aims to ensure value for money, but ongoing monitoring is crucial.

Public Impact

Supports critical Department of the Air Force operations. Potential impact on the aerospace and defense manufacturing sector. Ensures availability of specialized aircraft parts and auxiliary equipment.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of detailed performance metrics.
  • Potential for cost overruns if not managed closely.
  • Dependence on a single supplier for critical services.

Positive Signals

  • Awarded through full and open competition.
  • Firm Fixed Price contract type provides cost certainty.
  • Long-term contract supports sustained operational readiness.

Sector Analysis

This contract falls within the aerospace and defense manufacturing sector, specifically related to aircraft parts. Spending in this sector is often driven by national security needs and technological advancements.

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 small business participation.

Oversight & Accountability

The contract is managed by the Department of the Air Force. Oversight would typically involve contract performance reviews, financial audits, and adherence to delivery schedules to ensure accountability.

Related Government Programs

  • Other Aircraft Parts and Auxiliary Equipment Manufacturing
  • Department of Defense Contracting
  • Department of the Air Force Programs

Risk Flags

  • Contract duration is substantial.
  • Limited information on specific deliverables.
  • No clear indication of small business participation.
  • Potential for vendor lock-in if services are highly specialized.

Tags

other-aircraft-parts-and-auxiliary-equip, department-of-defense, co, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $88.6 million to FLIGHTSAFETY DEFENSE CORPORATION. IGF::CT::IGF GBTS SERVICES

Who is the contractor on this award?

The obligated recipient is FLIGHTSAFETY DEFENSE CORPORATION.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Air Force).

What is the total obligated amount?

The obligated amount is $88.6 million.

What is the period of performance?

Start: 2013-12-27. End: 2016-12-31.

What specific services or parts are covered under 'IGF GBTS SERVICES'?

The provided data does not detail the specific services or parts encompassed by 'IGF GBTS SERVICES'. Further investigation into contract line item numbers (CLINs) or associated documentation would be necessary to understand the precise scope of work and deliverables.

How does the awarded price compare to industry benchmarks for similar services?

Without access to specific industry benchmarks for 'IGF GBTS SERVICES' or comparable contracts, it is challenging to definitively assess if the $88.6 million award represents a competitive price. A thorough market analysis and comparison with other government or commercial contracts for similar scope would be required.

What are the key performance indicators (KPIs) for this contract and how is performance being measured?

The provided data does not include information on the key performance indicators (KPIs) or the methods used to measure the contractor's performance. Understanding these metrics is crucial for assessing the effectiveness of the contract and ensuring the Department of Defense receives the expected value and quality of services.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingOther Aircraft Parts and Auxiliary Equipment Manufacturing

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Berkshire Hathaway Inc. (UEI: 001024314)

Address: 10770 E BRIARWOOD AVE # 100, CENTENNIAL, CO, 80112

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $88,558,802

Exercised Options: $88,558,801

Current Obligation: $88,558,801

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: FA861707D6172

IDV Type: IDC

Timeline

Start Date: 2013-12-27

Current End Date: 2016-12-31

Potential End Date: 2016-12-31 00:00:00

Last Modified: 2018-09-14

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