DoD awards $11.1M for SECM LIGHT TOOL LOAD to IDSC HOLDINGS LLC under full and open competition

Contract Overview

Contract Amount: $11,101,350 ($11.1M)

Contractor: Idsc Holdings LLC

Awarding Agency: Department of Defense

Start Date: 2006-12-12

End Date: 2008-07-30

Contract Duration: 596 days

Daily Burn Rate: $18.6K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: SECM LIGHT TOOL LOAD

Place of Performance

Location: KENOSHA, KENOSHA County, WISCONSIN, 53143

State: Wisconsin Government Spending

Plain-Language Summary

Department of Defense obligated $11.1 million to IDSC HOLDINGS LLC for work described as: SECM LIGHT TOOL LOAD Key points: 1. Contract awarded to IDSC HOLDINGS LLC for $11.1M. 2. Procurement method was full and open competition. 3. The contract is for Hand and Edge Tool Manufacturing (NAICS 332212). 4. Contract duration was 596 days. 5. Awarded by the Department of the Army.

Value Assessment

Rating: fair

The contract value of $11.1M for a 596-day duration appears reasonable given the product category. Benchmarking against similar tool contracts would provide a clearer picture of value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Full and open competition was utilized, suggesting a robust price discovery process. This method typically leads to more competitive pricing by allowing all eligible vendors to bid.

Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by securing the best possible price.

Public Impact

Military readiness may be impacted by the availability of specialized tools. The contract supports the manufacturing sector, specifically hand and edge tools. IDSC HOLDINGS LLC is the sole awardee, highlighting their competitive position in this niche.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited data on specific tool requirements.
No clear indication of performance metrics or quality assurance.

Positive Signals

Full and open competition utilized.
Clear contract award to a specific entity.

Sector Analysis

The contract falls under the manufacturing sector, specifically hand and edge tools. Spending in this area is generally tied to defense readiness and industrial base support.

Small Business Impact

The data does not indicate if small businesses were involved as subcontractors or prime contractors in this specific award. Further investigation would be needed to assess small business participation.

Oversight & Accountability

The award was made under full and open competition, suggesting a standard procurement process. Oversight would focus on contract performance and adherence to terms.

Related Government Programs

Hand and Edge Tool Manufacturing
Department of Defense Contracting
Department of the Army Programs

Risk Flags

Lack of detailed product specification.
No explicit mention of small business subcontracting.
Limited insight into performance metrics.
Potential for supply chain or delivery risks in manufacturing.

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $11.1 million to IDSC HOLDINGS LLC. SECM LIGHT TOOL LOAD

Who is the contractor on this award?

The obligated recipient is IDSC HOLDINGS LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $11.1 million.

What is the period of performance?

Start: 2006-12-12. End: 2008-07-30.

What specific types of tools were included in the SECM LIGHT TOOL LOAD, and how critical are they to operational readiness?

The provided data does not specify the exact tools within the 'SECM LIGHT TOOL LOAD'. Understanding the criticality of these tools to military operations and maintenance is essential for assessing the true value and impact of this $11.1M contract. Further details on the toolset's application would be beneficial.

Were there any identified risks associated with the performance or delivery of these tools by IDSC HOLDINGS LLC?

The data does not explicitly list risks associated with IDSC HOLDINGS LLC's performance. However, given the 596-day duration and the nature of specialized tool manufacturing, potential risks could include supply chain disruptions, quality control issues, or delays in delivery. The 'WI' (Wisconsin) location might also present logistical considerations.

How does the awarded price of $11.1M compare to industry benchmarks for similar tool procurements, and does it represent good value for the taxpayer?

Without specific industry benchmarks for 'SECM LIGHT TOOL LOAD' or comparable toolsets, it's difficult to definitively assess value. The contract's value is fair based on the limited information, but a thorough comparison with similar government or commercial contracts for specialized tools is needed to confirm if it represents optimal taxpayer value.

Industry Classification

NAICS: Manufacturing › Cutlery and Handtool Manufacturing › Hand and Edge Tool Manufacturing

Product/Service Code: HAND TOOLS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Contractor Details

Parent Company: Snap-On Incorporated (UEI: 006090294)

Address: 2801 80TH ST, KENOSHA, WI, 01

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $11,101,350

Exercised Options: $11,101,350

Current Obligation: $11,101,350

Contract Characteristics

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: DAAE2003D0087

IDV Type: IDC

Timeline