Navy Awards $20.4M for LCS LTF VSTS to Triton JV, LLC in 2014
Contract Overview
Contract Amount: $20,144,311 ($20.1M)
Contractor: Triton JV, L.L.C.
Awarding Agency: Department of Defense
Start Date: 2014-07-22
End Date: 2019-10-10
Contract Duration: 1,906 days
Daily Burn Rate: $10.6K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 4
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: SAN DIEGO LCS LTF VSTS
Place of Performance
Location: SAN DIEGO, SAN DIEGO County, CALIFORNIA, 92136
Plain-Language Summary
Department of Defense obligated $20.1 million to TRITON JV, L.L.C. for work described as: SAN DIEGO LCS LTF VSTS Key points: 1. The contract, awarded in 2014, has a total value of $20.4 million. 2. Competition was full and open after exclusion of sources, indicating a structured procurement process. 3. The contract duration is 1906 days, ending in October 2019. 4. The North American Industry Classification System (NAICS) code 333319 suggests a focus on specialized machinery manufacturing.
Value Assessment
Rating: fair
The contract value of $20.4 million for specialized machinery manufacturing appears to be within a reasonable range for a multi-year delivery order. Benchmarking against similar contracts for complex industrial equipment would provide a more precise assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The procurement utilized 'Full and Open Competition After Exclusion of Sources,' suggesting that while competition was sought, certain sources were initially excluded. This method aims for competitive pricing but might limit the pool of bidders.
Taxpayer Impact: The competitive nature of the award, despite source exclusion, likely aimed to secure fair market value, minimizing undue taxpayer burden for the specialized equipment.
Public Impact
Ensures availability of critical Littoral Combat Ship (LCS) support systems. Supports manufacturing and technology within the defense industrial base. Impacts naval readiness and operational capabilities. Potential for follow-on contracts or sustainment services.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Exclusion of sources in competition could limit price discovery.
- Long contract duration may introduce cost escalation risks.
- Specific details on the 'exclusion of sources' are not provided.
Positive Signals
- Full and open competition framework utilized.
- Awarded to a specific joint venture, potentially indicating specialized expertise.
- Clear delivery order structure with defined end date.
Sector Analysis
This contract falls under the 'Other Commercial and Service Industry Machinery Manufacturing' sector, specifically supporting defense needs. Spending in this sector for specialized military equipment can be substantial, driven by technological advancements and operational requirements.
Small Business Impact
The data does not indicate whether small businesses were involved as subcontractors or prime contractors in this award. Further analysis would be needed to determine the extent of small business participation.
Oversight & Accountability
The award was managed by the Department of the Navy, implying oversight through established defense procurement regulations. The duration and value suggest a need for ongoing monitoring of performance and costs.
Related Government Programs
- Other Commercial and Service Industry Machinery Manufacturing
- Department of Defense Contracting
- Department of the Navy Programs
Risk Flags
- Potential for limited competition due to source exclusion.
- Risk of cost escalation over the long contract duration.
- Lack of transparency regarding the specific technology or machinery procured.
- Uncertainty about small business participation.
Tags
other-commercial-and-service-industry-ma, department-of-defense, ca, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $20.1 million to TRITON JV, L.L.C.. SAN DIEGO LCS LTF VSTS
Who is the contractor on this award?
The obligated recipient is TRITON JV, L.L.C..
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Navy).
What is the total obligated amount?
The obligated amount is $20.1 million.
What is the period of performance?
Start: 2014-07-22. End: 2019-10-10.
What was the specific rationale for excluding certain sources during the full and open competition phase?
The rationale for excluding specific sources during the 'Full and Open Competition After Exclusion of Sources' phase is not detailed in the provided data. Typically, such exclusions are based on factors like national security, proprietary technology, or specific capability requirements that only a limited number of entities can meet. Understanding this rationale is crucial for assessing the true competitiveness of the procurement.
How does the final contract price compare to the initial estimated cost or budget for the LCS LTF VSTS?
The provided data only includes the awarded amount ($20.4 million) and does not contain information on initial estimates or budgets. A comparison would require access to pre-award cost estimates or budget allocations. Without this, it's difficult to definitively assess whether the contract represented good value or potential cost overruns from a budgetary perspective.
What are the key performance metrics and deliverables associated with the LCS LTF VSTS, and how was performance monitored?
Key performance metrics and deliverables for the LCS LTF VSTS are not specified in the data. Monitoring would typically involve contract officers and technical representatives within the Department of the Navy ensuring timely delivery, adherence to specifications, and quality standards. The effectiveness of oversight depends on the clarity of the SOW and the rigor of the government's quality assurance program.
Industry Classification
NAICS: Manufacturing › Commercial and Service Industry Machinery Manufacturing › Other Commercial and Service Industry Machinery Manufacturing
Product/Service Code: TRAINING AIDS AND DEVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: N6134011R0001
Offers Received: 4
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 12600 CHALLENGER PKWY STE 100, ORLANDO, FL, 32826
Business Categories: Category Business, Partnership or Limited Liability Partnership, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Woman Owned Business
Financial Breakdown
Contract Ceiling: $23,653,416
Exercised Options: $20,144,311
Current Obligation: $20,144,311
Contract Characteristics
Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: N6134012D5209
IDV Type: IDC
Timeline
Start Date: 2014-07-22
Current End Date: 2019-10-10
Potential End Date: 2019-10-10 00:00:00
Last Modified: 2019-09-27
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