GSA Awards $56.4M R&D Contract to Tecolote Research for Acquisition Support
Contract Overview
Contract Amount: $56,418,466 ($56.4M)
Contractor: Tecolote Research, Inc.
Awarding Agency: General Services Administration
Start Date: 2019-04-01
End Date: 2024-09-30
Contract Duration: 2,009 days
Daily Burn Rate: $28.1K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 3
Pricing Type: COST PLUS FIXED FEE
Sector: R&D
Official Description: SMC ACQUISITION AND FINANCIAL MANAGEMENT SUPPORT
Place of Performance
Location: EL SEGUNDO, LOS ANGELES County, CALIFORNIA, 90245
Plain-Language Summary
General Services Administration obligated $56.4 million to TECOLOTE RESEARCH, INC. for work described as: SMC ACQUISITION AND FINANCIAL MANAGEMENT SUPPORT Key points: 1. Contract value of $56.4M over 5 years. 2. Tecolote Research, Inc. is the sole awardee. 3. Competition was full and open after exclusion of sources. 4. Spending falls within the R&D sector, specifically physical, engineering, and life sciences.
Value Assessment
Rating: fair
The contract type is Cost Plus Fixed Fee, which can lead to cost overruns if not managed carefully. Benchmarking against similar R&D support contracts is difficult without more granular cost data.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition after exclusion of sources, suggesting a competitive process. However, the exclusion of sources warrants further investigation into its justification and impact on price discovery.
Taxpayer Impact: Taxpayer funds are being used for R&D support services, with the final cost influenced by the competitive process and contract type.
Public Impact
Supports federal acquisition and financial management, impacting government efficiency. R&D spending can drive innovation and technological advancement. Contract duration of over 5 years indicates a long-term need for these services.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Cost Plus Fixed Fee contract type
- Exclusion of sources in competition
Positive Signals
- Full and open competition utilized
- Supports critical R&D functions
Sector Analysis
This contract falls under the Research and Development in the Physical, Engineering, and Life Sciences sector. Spending benchmarks for this specific type of acquisition support are not readily available, but R&D contracts can vary significantly in cost.
Small Business Impact
The data indicates this contract was not awarded to small businesses, as the 'sb' field is false. Further analysis would be needed to determine if small business participation was sought or achieved through subcontracting.
Oversight & Accountability
The General Services Administration (GSA) awarded this contract through its Federal Acquisition Service. Oversight would involve monitoring Tecolote Research's performance and adherence to contract terms, especially given the CPFF structure.
Related Government Programs
- Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)
- General Services Administration Contracting
- Federal Acquisition Service Programs
Risk Flags
- Potential for cost overruns due to CPFF structure.
- Lack of transparency regarding excluded sources.
- No indication of small business participation.
- Long contract duration may not adapt to evolving R&D needs.
Tags
research-and-development-in-the-physical, general-services-administration, ca, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
General Services Administration awarded $56.4 million to TECOLOTE RESEARCH, INC.. SMC ACQUISITION AND FINANCIAL MANAGEMENT SUPPORT
Who is the contractor on this award?
The obligated recipient is TECOLOTE RESEARCH, INC..
Which agency awarded this contract?
Awarding agency: General Services Administration (Federal Acquisition Service).
What is the total obligated amount?
The obligated amount is $56.4 million.
What is the period of performance?
Start: 2019-04-01. End: 2024-09-30.
What was the specific justification for excluding sources in the 'full and open competition after exclusion of sources' award?
The justification for excluding sources in a 'full and open competition after exclusion of sources' award is typically related to specific technical requirements, existing intellectual property, or unique capabilities that only a limited number of entities possess. Without further details on this specific contract, it's difficult to ascertain the precise reason. However, such exclusions can sometimes limit the competitive landscape and potentially impact the final price achieved.
How does the Cost Plus Fixed Fee (CPFF) structure for this R&D support contract mitigate potential cost overruns for taxpayers?
The CPFF structure aims to provide a degree of cost control by establishing a fixed fee for the contractor's effort, regardless of the final cost incurred. However, the government bears the risk of cost overruns on the 'cost' portion of the contract. Effective oversight, detailed cost tracking, and clear performance metrics are crucial to mitigate potential overruns and ensure value for taxpayers.
What is the expected impact of Tecolote Research's acquisition and financial management support on the efficiency of federal R&D programs?
Effective acquisition and financial management support are critical for the efficient execution of federal R&D programs. By streamlining processes, ensuring compliance, and providing expert financial guidance, Tecolote Research can help accelerate project timelines, optimize resource allocation, and reduce administrative burdens. This ultimately allows R&D agencies to focus more resources on scientific and technical advancements.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Scientific Research and Development Services › Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)
Product/Service Code: RESEARCH AND DEVELOPMENT › C – National Defense R&D Services
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: ID09180083
Offers Received: 3
Pricing Type: COST PLUS FIXED FEE (U)
Evaluated Preference: NONE
Contractor Details
Address: 420 S FAIRVIEW AVE STE 201, GOLETA, CA, 93117
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $58,472,757
Exercised Options: $58,386,330
Current Obligation: $56,418,466
Actual Outlays: $669,248
Subaward Activity
Number of Subawards: 440
Total Subaward Amount: $1,536,082,862
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: GS00Q14OADS619
IDV Type: IDC
Timeline
Start Date: 2019-04-01
Current End Date: 2024-09-30
Potential End Date: 2024-09-30 00:00:00
Last Modified: 2024-07-17
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