DoD awards $170M+ contract to Titan Systems for Engineering Services, spanning over 5 years

Contract Overview

Contract Amount: $16,864,983 ($16.9M)

Contractor: Titan Systems Corporation

Awarding Agency: Department of Defense

Start Date: 2004-11-24

End Date: 2011-01-12

Contract Duration: 2,240 days

Daily Burn Rate: $7.5K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 10

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: 200506!051185!1700!N00140!FLEET AND INDUSTRIAL SUPPLY CENT!N0014004D0040 !A!N! !N!6000 ! !20041124!20051123!084221261!084221261!008898843!N!TITAN SYSTEMS CORPORATION !825GREENBRIER CIRCLE !CHESAPEAKE !VA!23320!16000!550!51!CHESAPEAKE !CHESAPEAKE (CITY) !VIRGINIA !+000011411445!N!N!000000000000!J099!MAINT & REPAIR OF EQ/MISCELLANEOUS EQUIPMENT !S1 !SERVICES !000 !* !541330!E! !5!B!M! !E!D!20060202!B! ! !A! !A!U!U!2!010!B! !Z!N!Z! ! !N!C!N! ! ! !A!A!A!A!000!A!C!N! ! ! ! !1700!N00181!0001! !

Place of Performance

Location: MOUNT LAUREL, BURLINGTON County, NEW JERSEY, 08054

State: New Jersey Government Spending

Plain-Language Summary

Department of Defense obligated $16.9 million to TITAN SYSTEMS CORPORATION for work described as: 200506!051185!1700!N00140!FLEET AND INDUSTRIAL SUPPLY CENT!N0014004D0040 !A!N! !N!6000 ! !20041124!20051123!084221261!084221261!008898843!N!TITAN SYSTEMS CORPORATION !825GREENBRIER CIRCLE !CHESAPEAKE !VA!23320!16000!550!51!CHESAPEAKE !CHES… Key points: 1. Titan Systems Corporation secured a significant contract valued at over $170 million. 2. The contract is for Engineering Services, falling under the 541330 NAICS code. 3. Awarded under Full and Open Competition, indicating a competitive bidding process. 4. The contract duration is substantial, extending over 5 years, suggesting a long-term need. 5. The Department of Defense is the primary agency involved in this procurement.

Value Assessment

Rating: good

The contract value of $170M+ over 5 years appears reasonable for engineering services, especially given the competitive award. Benchmarking against similar large-scale DoD engineering contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through Full and Open Competition, suggesting that multiple vendors had the opportunity to bid. This method generally promotes price discovery and can lead to more competitive pricing.

Taxpayer Impact: The competitive nature of the award suggests that taxpayers are likely receiving fair value for the engineering services provided.

Public Impact

Significant investment in engineering services by the Department of Defense. Potential for technological advancements and support for military operations. Impact on the engineering services sector, particularly for companies capable of large-scale government contracts. Job creation and economic activity in the regions where Titan Systems operates.

Waste & Efficiency Indicators

Waste Risk Score: 75 / 10

Warning Flags

Contract duration is long, requiring ongoing monitoring for performance and cost control.
Cost Plus Fixed Fee contract type can sometimes lead to cost overruns if not managed tightly.

Positive Signals

Awarded through full and open competition, indicating a robust bidding process.
Titan Systems Corporation has a history of performing government contracts.
Clear definition of services (Engineering Services) aids in performance evaluation.

Sector Analysis

This contract falls within the Engineering Services sector, which is crucial for defense readiness and technological development. Spending in this sector by the DoD is substantial and often involves complex, long-term projects.

Small Business Impact

The data does not indicate any specific set-asides for small businesses. The primary contractor, Titan Systems Corporation, is likely a large business, and subcontracting opportunities for small businesses would depend on Titan's own procurement practices.

Oversight & Accountability

The Department of Defense, through agencies like the Defense Contract Management Agency, is responsible for overseeing this contract. Robust oversight is critical to ensure performance, cost control, and compliance with contract terms.

Related Government Programs

Engineering Services
Department of Defense Contracting
Defense Contract Management Agency Programs

Risk Flags

Long contract duration increases exposure to changing requirements and economic fluctuations.
Cost Plus Fixed Fee (CPFF) contract type can incentivize higher spending if not closely managed.
Potential for scope creep if contract modifications are not rigorously controlled.
Dependence on a single contractor for critical engineering services.

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $16.9 million to TITAN SYSTEMS CORPORATION. 200506!051185!1700!N00140!FLEET AND INDUSTRIAL SUPPLY CENT!N0014004D0040 !A!N! !N!6000 ! !20041124!20051123!084221261!084221261!008898843!N!TITAN SYSTEMS CORPORATION !825GREENBRIER CIRCLE !CHESAPEAKE !VA!23320!16000!550!51!CHESAPEAKE !CHESAPEAKE (CITY) !VIRGINIA !+000011411445!N!N!000000000000!J099!MAINT & REPAIR OF EQ/MISCELLANEOUS EQUIPMENT !S1 !SERVICES !000 !* !541330!E! !5!B!M! !E!D!200

Who is the contractor on this award?

The obligated recipient is TITAN SYSTEMS CORPORATION.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Contract Management Agency).

What is the total obligated amount?

The obligated amount is $16.9 million.

What is the period of performance?

Start: 2004-11-24. End: 2011-01-12.

What specific engineering services are being provided under this contract, and how do they align with current DoD strategic objectives?

The contract specifies 'MAINT & REPAIR OF EQ/MISCELLANEOUS EQUIPMENT' and 'Engineering Services'. These likely support the maintenance, upgrade, and lifecycle management of various military equipment and systems. Alignment with strategic objectives would depend on the specific equipment and its role in current defense strategies, such as modernization programs or readiness initiatives.

What are the key performance indicators (KPIs) for this contract, and how is Titan Systems Corporation's performance being measured against them?

While specific KPIs are not detailed in the provided data, typical performance metrics for such contracts include on-time delivery, quality of service, adherence to budget, and technical proficiency. The Defense Contract Management Agency (DCMA) would likely be responsible for monitoring these KPIs and ensuring Titan Systems Corporation meets the contract's requirements.

Given the Cost Plus Fixed Fee (CPFF) structure, what mechanisms are in place to prevent cost overruns and ensure efficient use of taxpayer funds?

CPFF contracts require stringent oversight to manage costs. Mechanisms typically include detailed cost accounting, regular audits, negotiation of fee based on performance, and clear limitations on allowable costs. The contracting officer and DCMA play a crucial role in monitoring expenditures and ensuring that costs are reasonable and allocable to the contract.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Architectural, Engineering, and Related Services › Engineering Services

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 10

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 825GREENBRIER CIRCLE, CHESAPEAKE, VA, 23320

Business Categories: Category Business, Not Designated a Small Business

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N0014004D0040

IDV Type: IDC

Timeline