NASA's $2.26M MIDAS contract awarded to Opto-Knowledge Systems Inc. for R&D services

Contract Overview

Contract Amount: $2,257,331 ($2.3M)

Contractor: Opto-Knowledge Systems Inc

Awarding Agency: National Aeronautics and Space Administration

Start Date: 2022-09-27

End Date: 2027-02-28

Contract Duration: 1,615 days

Daily Burn Rate: $1.4K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 500

Pricing Type: FIRM FIXED PRICE

Sector: R&D

Official Description: MIDAS: MULTISPECTRAL IMAGING AND DATA ACQUISITION SERVICE

Place of Performance

Location: TORRANCE, LOS ANGELES County, CALIFORNIA, 90502

State: California Government Spending

Plain-Language Summary

National Aeronautics and Space Administration obligated $2.3 million to OPTO-KNOWLEDGE SYSTEMS INC for work described as: MIDAS: MULTISPECTRAL IMAGING AND DATA ACQUISITION SERVICE Key points: 1. Contract focuses on advanced imaging and data acquisition for R&D. 2. Competition was full and open after exclusion of sources. 3. Risk appears moderate given the fixed-price contract type. 4. Sector is Research and Development in Physical, Engineering, and Life Sciences.

Value Assessment

Rating: good

The contract value of $2.26M over approximately 4.5 years appears reasonable for specialized R&D services. Benchmarking against similar complex imaging and data acquisition contracts would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The 'full and open competition after exclusion of sources' indicates a competitive process was initiated, likely after an initial phase or specific requirement was identified. This method aims to ensure fair pricing and access for qualified vendors.

Taxpayer Impact: The competitive award process is expected to yield fair market value, minimizing unnecessary taxpayer expenditure for this specialized R&D service.

Public Impact

Supports NASA's research initiatives in advanced imaging technologies. Potential for technological advancements with broad scientific applications. Contract duration allows for in-depth research and development.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for scope creep in R&D projects.
  • Dependence on a single contractor for specialized services.

Positive Signals

  • Firm Fixed Price contract limits cost overrun risk.
  • Clear contract end date provides budget certainty.
  • Competition after exclusion of sources suggests a structured procurement.

Sector Analysis

This contract falls within the R&D sector, specifically focusing on physical, engineering, and life sciences. Spending in this area is crucial for innovation but can be subject to long development cycles and uncertain outcomes.

Small Business Impact

The data indicates this contract was not awarded to a small business. Further analysis would be needed to determine if small business participation was sought or if opportunities were missed.

Oversight & Accountability

NASA's procurement processes are generally robust. Oversight would focus on performance metrics, adherence to R&D milestones, and effective management of the contract by the agency.

Related Government Programs

  • Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
  • National Aeronautics and Space Administration Contracting
  • National Aeronautics and Space Administration Programs

Risk Flags

  • Potential for R&D scope creep.
  • Contractor's ability to deliver highly specialized technology.
  • Long contract duration increases exposure to market/technology shifts.
  • Limited visibility into specific R&D milestones and deliverables.

Tags

research-and-development-in-the-physical, national-aeronautics-and-space-administr, ca, definitive-contract, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

National Aeronautics and Space Administration awarded $2.3 million to OPTO-KNOWLEDGE SYSTEMS INC. MIDAS: MULTISPECTRAL IMAGING AND DATA ACQUISITION SERVICE

Who is the contractor on this award?

The obligated recipient is OPTO-KNOWLEDGE SYSTEMS INC.

Which agency awarded this contract?

Awarding agency: National Aeronautics and Space Administration (National Aeronautics and Space Administration).

What is the total obligated amount?

The obligated amount is $2.3 million.

What is the period of performance?

Start: 2022-09-27. End: 2027-02-28.

What specific technological advancements are expected from the MIDAS service, and how will they benefit NASA's broader mission objectives?

The MIDAS service is expected to yield advancements in multispectral imaging and data acquisition capabilities. These improvements could enhance NASA's ability to analyze celestial bodies, monitor Earth's climate, or support deep space exploration missions by providing higher resolution and more comprehensive data sets for scientific analysis and decision-making.

What are the primary risks associated with the 'full and open competition after exclusion of sources' method for this R&D contract?

The primary risk is that excluding certain sources might inadvertently limit the pool of highly qualified vendors, potentially impacting the final price or the innovative solutions available. It could also raise questions about the justification for exclusion if not clearly documented and defensible, potentially leading to protests or perceptions of unfairness.

How effectively does the Firm Fixed Price (FFP) contract type manage the inherent uncertainties of R&D projects like MIDAS?

An FFP contract provides cost certainty for the government, transferring most of the cost risk to the contractor. For R&D, this can incentivize efficiency but may also lead contractors to propose conservative solutions or potentially cut corners if unforeseen technical challenges arise, impacting the depth of innovation achieved within the fixed price.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesScientific Research and Development ServicesResearch and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)

Product/Service Code: RESEARCH AND DEVELOPMENTGeneral Science and Technology R&D Services

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 500

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 19805 HAMILTON AVE, TORRANCE, CA, 90502

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $2,257,331

Exercised Options: $2,257,331

Current Obligation: $2,257,331

Actual Outlays: $2,010,442

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2022-09-27

Current End Date: 2027-02-28

Potential End Date: 2027-02-28 00:00:00

Last Modified: 2026-03-23

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