DOT Exercises Option Year 1 for VPS Lube Oil Contract with VPS Testing & Inspection, Inc
Contract Overview
Contract Amount: $200,000 ($200.0K)
Contractor: VPS Testing & Inspection, Inc.
Awarding Agency: Department of Transportation
Start Date: 2026-04-08
End Date: 2030-02-04
Contract Duration: 1,398 days
Daily Burn Rate: $143/day
Competition Type: FULL AND OPEN COMPETITION
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: THE PURPOSE OF THIS REQ FOR TO IS TO EXERCISE OPTION YEAR 1 FOR THE VPS LUBE OIL CONTRACT
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20590
Plain-Language Summary
Department of Transportation obligated $200,000 to VPS TESTING & INSPECTION, INC. for work described as: THE PURPOSE OF THIS REQ FOR TO IS TO EXERCISE OPTION YEAR 1 FOR THE VPS LUBE OIL CONTRACT Key points: 1. Contract Value: $200,000 for Option Year 1. 2. Competition: Full and open competition was utilized. 3. Risk: Low risk identified due to fixed-price contract type. 4. Sector: Testing Laboratories and Services (NAICS 541380).
Value Assessment
Rating: good
The contract value of $200,000 for Option Year 1 appears reasonable for specialized lube oil testing services. Benchmarking against similar contracts for testing laboratories would provide further validation.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, indicating a competitive bidding process. This method generally leads to fair pricing and ensures the government receives the best value.
Taxpayer Impact: The $200,000 expenditure for this option year represents a modest investment for the Department of Transportation's operational needs.
Public Impact
Ensures continued availability of essential lube oil testing services for the Maritime Administration. Supports the operational integrity and maintenance of maritime assets. Provides transparency through a competitive procurement process.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Positive Signals
- Full and open competition utilized.
- Firm fixed price contract type mitigates cost overrun risk.
- Clear contract duration and defined services.
Sector Analysis
The Testing Laboratories and Services sector (NAICS 541380) encompasses a wide range of analytical and testing services. Government spending in this sector supports various agency functions, from quality control to research and development.
Small Business Impact
The data does not indicate whether small businesses were involved in this specific contract award. Further analysis would be needed to determine small business participation.
Oversight & Accountability
The contract is subject to standard federal procurement oversight. The Maritime Administration is responsible for ensuring performance and compliance with contract terms.
Related Government Programs
- Testing Laboratories and Services
- Department of Transportation Contracting
- Maritime Administration Programs
Risk Flags
- Contract duration extends over multiple years.
- Potential for service obsolescence or performance degradation over time.
- Need for market rate comparison to ensure optimal value.
Tags
testing-laboratories-and-services, department-of-transportation, dc, delivery-order, 100k-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Transportation awarded $200,000 to VPS TESTING & INSPECTION, INC.. THE PURPOSE OF THIS REQ FOR TO IS TO EXERCISE OPTION YEAR 1 FOR THE VPS LUBE OIL CONTRACT
Who is the contractor on this award?
The obligated recipient is VPS TESTING & INSPECTION, INC..
Which agency awarded this contract?
Awarding agency: Department of Transportation (Maritime Administration).
What is the total obligated amount?
The obligated amount is $200,000.
What is the period of performance?
Start: 2026-04-08. End: 2030-02-04.
What is the historical performance of VPS Testing & Inspection, Inc. on this contract?
Historical performance data for VPS Testing & Inspection, Inc. on this specific contract is not provided in the current data. A review of past performance evaluations, if available, would offer insights into their reliability, quality of service, and adherence to timelines. This information is crucial for assessing the continued value and risk associated with exercising this option year.
Are there any potential risks associated with the extended contract duration?
The extended duration of the contract, spanning from April 2026 to February 2030, introduces potential risks related to evolving technological needs, changes in regulatory requirements, or shifts in service provider capabilities. While the firm fixed price contract mitigates financial risk, the agency should monitor for any obsolescence or performance degradation over the contract's lifespan.
How does the pricing compare to market rates for similar testing services?
Without specific market rate data for comparable lube oil testing services, a direct comparison is difficult. The $200,000 value for Option Year 1, awarded through full and open competition, suggests a potentially competitive price. However, a formal price analysis against industry benchmarks would be necessary to definitively assess its cost-effectiveness.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Architectural, Engineering, and Related Services › Testing Laboratories and Services
Product/Service Code: QUALITY CONTROL, TEST, INSPECTION › EQUIPMENT AND MATERIALS TESTING
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 318 N 16TH ST, LA PORTE, TX, 77571
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Foreign Owned, Foreign-Owned and U.S.-Incorporated Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations
Financial Breakdown
Contract Ceiling: $200,000
Exercised Options: $200,000
Current Obligation: $200,000
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: 693JF725D000005
IDV Type: IDC
Timeline
Start Date: 2026-04-08
Current End Date: 2030-02-04
Potential End Date: 2030-02-04 00:00:00
Last Modified: 2026-04-09
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