DOE awards $170.5M for Stirling Radioisotope Power System integration, with Lockheed Martin as prime

Contract Overview

Contract Amount: $170,568,000 ($170.6M)

Contractor: Lockheed Martin Corp

Awarding Agency: Department of Energy

Start Date: 2000-08-14

End Date: 2015-08-30

Contract Duration: 5,494 days

Daily Burn Rate: $31.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: COST PLUS FIXED FEE

Sector: R&D

Official Description: SYSTEM INTEFRATION OF A STIRLING RADIOISOTOPE POWER SYSTEM (SRPS)

Place of Performance

Location: KING OF PRUSSIA, MONTGOMERY County, PENNSYLVANIA, 19406

State: Pennsylvania Government Spending

Plain-Language Summary

Department of Energy obligated $170.6 million to LOCKHEED MARTIN CORP for work described as: SYSTEM INTEFRATION OF A STIRLING RADIOISOTOPE POWER SYSTEM (SRPS) Key points: 1. Contract value of $170.5 million for a complex system integration. 2. Full and open competition suggests a potentially competitive bidding process. 3. Cost-plus-fixed-fee contract type may lead to cost overruns if not managed carefully. 4. The contract duration of over 5400 days indicates a long-term, high-stakes project. 5. Focus on a niche but critical technology for space and potentially other applications. 6. Prime contractor Lockheed Martin has extensive experience in aerospace and defense.

Value Assessment

Rating: good

The contract value of $170.5 million for the integration of a Stirling Radioisotope Power System (SRPS) appears reasonable given the complexity and specialized nature of the technology. While specific benchmarks for SRPS integration are scarce due to its niche application, the cost-plus-fixed-fee structure allows for flexibility in development but necessitates robust oversight to control costs. Comparing this to other large-scale, long-duration system integration projects in aerospace, the pricing seems within a plausible range, assuming the fixed fee is appropriately set relative to the estimated costs.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that all responsible sources were permitted to submit bids. The presence of two bids suggests a degree of competition, though the exact number of potential bidders for such a specialized system is likely limited. This competitive approach is generally favorable for price discovery and ensuring the government receives the best value, as contractors are incentivized to offer competitive terms.

Taxpayer Impact: Full and open competition helps ensure taxpayer dollars are used efficiently by fostering a competitive environment that drives down costs and encourages innovation.

Public Impact

This contract directly supports the development and integration of advanced power systems crucial for deep space missions and potentially other government applications requiring reliable, long-term power sources. The primary beneficiaries are likely the Department of Energy's research and development initiatives, as well as any future space exploration or national security programs that will utilize the SRPS. The geographic impact is primarily centered around the contractor's facilities in Pennsylvania, where the integration work will take place. The contract supports a highly specialized workforce within the aerospace and nuclear technology sectors, requiring advanced engineering and technical expertise.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The Stirling Radioisotope Power System (SRPS) falls within the advanced manufacturing and specialized aerospace sectors. This contract represents a significant investment in a niche but critical technology that enables long-duration power generation in environments where solar or other conventional power sources are not feasible, such as deep space missions. The market for such specialized power systems is limited, primarily driven by government agencies like NASA and the Department of Energy. Comparable spending benchmarks are difficult to establish due to the unique nature of SRPS, but the contract value aligns with other large-scale, multi-year system development and integration efforts in the aerospace industry.

Small Business Impact

The contract data indicates that small business participation was not a primary set-aside consideration for this specific award, as the prime contractor is Lockheed Martin, a large corporation. There is no explicit mention of small business subcontracting goals in the provided data. The nature of this highly specialized technology integration may limit opportunities for broad small business subcontracting, though specific components or services could potentially be sourced from smaller, specialized firms.

Oversight & Accountability

Oversight for this contract would primarily fall under the Department of Energy's contracting and program management offices. Given the cost-plus-fixed-fee structure and the long duration, regular audits, performance reviews, and milestone tracking would be essential to ensure accountability and transparency. The contract's complexity and strategic importance suggest that it would likely be subject to high-level program reviews and potentially oversight from relevant Inspector General offices to monitor financial and performance aspects.

Related Government Programs

Risk Flags

Tags

energy, department-of-energy, lockheed-martin-corp, definitive-contract, cost-plus-fixed-fee, full-and-open-competition, aerospace, research-and-development, power-systems, space-vehicles, pennsylvania, large-contract

Frequently Asked Questions

What is this federal contract paying for?

Department of Energy awarded $170.6 million to LOCKHEED MARTIN CORP. SYSTEM INTEFRATION OF A STIRLING RADIOISOTOPE POWER SYSTEM (SRPS)

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN CORP.

Which agency awarded this contract?

Awarding agency: Department of Energy (Department of Energy).

What is the total obligated amount?

The obligated amount is $170.6 million.

What is the period of performance?

Start: 2000-08-14. End: 2015-08-30.

What is the historical spending trend for Stirling Radioisotope Power Systems (SRPS) by the Department of Energy?

Historical spending data specifically for Stirling Radioisotope Power Systems (SRPS) by the Department of Energy is not readily available in public databases. SRPS technology is a specialized area, and its development and integration often occur within broader research and development programs or specific mission-focused contracts. While the Department of Energy has a long history with radioisotope power sources, including RTGs, detailed expenditure figures for SRPS development and integration are typically embedded within larger program budgets or classified as proprietary research. This $170.5 million contract appears to be a significant, dedicated investment in the SRPS technology, suggesting a potential ramp-up in its application or a critical phase of development.

How does the cost-plus-fixed-fee (CPFF) contract type impact the value for money in this SRPS integration project?

The Cost-Plus-Fixed-Fee (CPFF) contract type for this SRPS integration project presents a mixed bag for value for money. On one hand, it allows for flexibility and adaptation during the complex integration process, which is beneficial for novel or evolving technologies where exact costs are hard to predict. The fixed fee provides the contractor with a defined profit margin, incentivizing them to complete the work. However, CPFF contracts can also lead to higher overall costs for the government if the contractor's actual costs exceed initial estimates, as the government bears the risk of cost overruns while the contractor's fee remains fixed. Effective oversight, stringent cost controls, and clear performance metrics are crucial to ensure value for money under this contract type.

What are the primary risks associated with the long duration (5494 days) of this SRPS integration contract?

The extended duration of 5494 days (approximately 15 years) for this SRPS integration contract introduces several significant risks. Firstly, there is a heightened risk of scope creep, where project requirements may evolve or expand over such a long period, potentially leading to cost overruns and schedule delays. Secondly, technological obsolescence is a concern; advancements in power systems could emerge during the contract's life, potentially making the SRPS technology less competitive or requiring costly upgrades. Thirdly, contractor performance and key personnel stability can be challenging to maintain over such an extended timeframe. Finally, economic fluctuations and changes in government priorities could impact funding and project continuation, necessitating robust risk management and contingency planning throughout the contract's lifecycle.

What is Lockheed Martin's track record with similar large-scale, specialized system integration projects?

Lockheed Martin Corporation has an extensive and well-established track record in managing and executing large-scale, complex system integration projects, particularly within the aerospace, defense, and space sectors. They have been prime contractors for numerous high-profile government programs, including satellite development, missile systems, and advanced aircraft. Their experience encompasses managing intricate supply chains, integrating diverse technological components, ensuring stringent quality control, and adhering to demanding performance specifications. While specific details on SRPS integration might be proprietary, Lockheed Martin's broad expertise in handling technically challenging, long-duration, and high-value contracts suggests a strong capability to manage the complexities of this particular project.

How does the 'Guided Missile and Space Vehicle Propulsion Unit and Propulsion Unit Parts Manufacturing' NAICS code relate to the Stirling Radioisotope Power System (SRPS)?

The NAICS code 336415, 'Guided Missile and Space Vehicle Propulsion Unit and Propulsion Unit Parts Manufacturing,' is relevant to the Stirling Radioisotope Power System (SRPS) integration contract because SRPS are advanced power sources designed for applications in space vehicles, including those used for propulsion or long-duration power in space missions. While SRPS are primarily power generation systems rather than propulsion units themselves, their development and integration are closely tied to the aerospace industry's needs for reliable energy in space. The manufacturing and integration of such specialized components fall under the broader umbrella of aerospace propulsion and power systems, making this NAICS code an appropriate classification for the contractor's activities.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingGuided Missile and Space Vehicle Propulsion Unit and Propulsion Unit Parts Manufacturing

Product/Service Code: RESEARCH AND DEVELOPMENTSpace R&D Services

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Offers Received: 2

Pricing Type: COST PLUS FIXED FEE (U)

Contractor Details

Address: 230 MALL BLVD, KING OF PRUSSIA, PA, 19406

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $227,204,548

Exercised Options: $226,766,695

Current Obligation: $170,568,000

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Timeline

Start Date: 2000-08-14

Current End Date: 2015-08-30

Potential End Date: 2016-02-26 00:00:00

Last Modified: 2020-09-29

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