DoD Awards $18.5M for Non-Live Fire Building Structures to PTSI Managed Services Inc

Contract Overview

Contract Amount: $18,500,000 ($18.5M)

Contractor: Ptsi Managed Services Inc

Awarding Agency: Department of Defense

Start Date: 2009-09-23

End Date: 2010-09-23

Contract Duration: 365 days

Daily Burn Rate: $50.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: NON-LIVE FIRE BUILDING STRUCTURE

Place of Performance

Location: CAMP LEJEUNE, ONSLOW County, NORTH CAROLINA, 28542, UNITED STATES OF AMERICA

State: North Carolina Government Spending

Plain-Language Summary

Department of Defense obligated $18.5 million to PTSI MANAGED SERVICES INC for work described as: NON-LIVE FIRE BUILDING STRUCTURE Key points: 1. Contract awarded to PTSI Managed Services Inc. for fabricated structural metal manufacturing. 2. The contract value is $18.5 million. 3. Competition was full and open. 4. The contract duration is 365 days. 5. The North American Industry Classification System (NAICS) code is 332312.

Value Assessment

Rating: fair

The award amount of $18.5 million for fabricated structural metal manufacturing appears within a reasonable range for a project of this nature. Benchmarking against similar contracts would provide a more definitive assessment of value.

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 competitive pricing as multiple vendors had the opportunity to bid.

Taxpayer Impact: Full and open competition generally benefits taxpayers by fostering a competitive environment that can drive down costs and improve the quality of goods and services.

Public Impact

Supports Department of the Navy's infrastructure needs. Provides fabricated structural metal components for non-live fire buildings. Contract duration of one year indicates a specific project scope.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of detailed performance metrics in provided data.
  • Potential for cost overruns if scope expands beyond initial estimates.

Positive Signals

  • Awarded through full and open competition.
  • Clear contract type (Firm Fixed Price) limits cost risk for the government.

Sector Analysis

The fabricated structural metal manufacturing sector is crucial for construction and defense projects. Spending benchmarks vary widely based on project complexity, material costs, and labor rates. This contract falls within the defense sector's procurement of essential building components.

Small Business Impact

The provided data does not indicate whether small businesses were involved as subcontractors or prime contractors. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

Oversight would typically involve contract performance monitoring by the Department of the Navy to ensure timely delivery and adherence to specifications. Accountability rests with PTSI Managed Services Inc. for fulfilling contract obligations.

Related Government Programs

  • Fabricated Structural Metal Manufacturing
  • Department of Defense Contracting
  • Department of the Navy Programs

Risk Flags

  • Potential for scope creep if building requirements are not precisely defined.
  • Reliance on a single awardee for a critical component.
  • Limited duration may not account for unforeseen delays.
  • Lack of detail on specific materials and their sourcing.

Tags

fabricated-structural-metal-manufacturin, department-of-defense, nc, do, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $18.5 million to PTSI MANAGED SERVICES INC. NON-LIVE FIRE BUILDING STRUCTURE

Who is the contractor on this award?

The obligated recipient is PTSI MANAGED SERVICES INC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $18.5 million.

What is the period of performance?

Start: 2009-09-23. End: 2010-09-23.

What is the specific purpose and location of these non-live fire buildings?

The specific purpose and location of the non-live fire buildings are not detailed in the provided data. Understanding the end-use and deployment site is crucial for assessing the strategic value and potential long-term operational costs associated with these structures. This information would also inform risk assessments related to environmental factors or security requirements.

How does the awarded price compare to industry benchmarks for similar fabricated structural metal projects?

Without access to a comprehensive database of similar contracts and their pricing, a precise comparison is difficult. However, the $18.5 million award for a 365-day duration suggests a significant project. A detailed cost breakdown from the contractor and comparison with publicly available cost data for fabricated metal structures would be necessary for a thorough benchmark analysis.

What are the key performance indicators (KPIs) for this contract, and how will they be measured?

The provided data does not specify the key performance indicators (KPIs) for this contract. Effective oversight requires clearly defined KPIs related to quality, timeliness, and adherence to specifications. The Department of the Navy would need to establish and monitor these metrics to ensure the contractor meets all contractual obligations and delivers the expected value.

Industry Classification

NAICS: ManufacturingArchitectural and Structural Metals ManufacturingFabricated Structural Metal Manufacturing

Product/Service Code: PREFAB STRUCTURES/SCAFFOLDING

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: M6785407R8147

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 100 W WALNUT ST, PASADENA, CA, 91124

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

Financial Breakdown

Contract Ceiling: $18,500,000

Exercised Options: $18,500,000

Current Obligation: $18,500,000

Contract Characteristics

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: M6785409D8000

IDV Type: IDC

Timeline

Start Date: 2009-09-23

Current End Date: 2010-09-23

Potential End Date: 2010-09-23 00:00:00

Last Modified: 2016-02-04

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