Commerce Dept. Awards $12.8M for Electric Power to Pepco Energy Services

Contract Overview

Contract Amount: $12,823,250 ($12.8M)

Contractor: Pepco Energy Services, Inc.

Awarding Agency: Department of Commerce

Start Date: 2007-03-28

End Date: 2007-12-31

Contract Duration: 278 days

Daily Burn Rate: $46.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: ELECTRIC POWER

Place of Performance

Location: GAITHERSBURG, MONTGOMERY County, MARYLAND, 20899, UNITED STATES OF AMERICA

State: Maryland Government Spending

Plain-Language Summary

Department of Commerce obligated $12.8 million to PEPCO ENERGY SERVICES, INC. for work described as: ELECTRIC POWER Key points: 1. Contract awarded to Pepco Energy Services, Inc. for electric power. 2. The contract value is $12,823,250.47. 3. Awarded under full and open competition. 4. The contract duration was 278 days.

Value Assessment

Rating: fair

The contract value of $12.8M for electric power over 278 days appears reasonable given the market for energy services. However, without specific details on the quantity and type of power, a precise benchmark is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, suggesting a competitive bidding process. This method generally leads to better price discovery and potentially lower costs for the government.

Taxpayer Impact: The competitive nature of the award is positive for taxpayers, as it likely resulted in a fair market price for the electric power services.

Public Impact

Ensures reliable electric power for NIST facilities. Supports federal agency operations through essential utility services. Potential for energy cost savings through competitive bidding.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Short contract duration (278 days) may indicate a need for recurring procurement.
  • Lack of specific performance metrics makes it hard to assess value beyond price.

Positive Signals

  • Awarded under full and open competition.
  • Clear contract value and award date.

Sector Analysis

The electric power sector is a critical utility service for government operations. Spending benchmarks vary widely based on energy type, volume, and location. This contract falls within the typical range for federal energy procurement.

Small Business Impact

The contract was awarded to Pepco Energy Services, Inc., a larger entity. There is no indication that small businesses were involved as subcontractors or prime contractors in this specific award.

Oversight & Accountability

The award process under full and open competition suggests adherence to standard procurement regulations. Oversight would focus on contract performance and adherence to the firm fixed price terms.

Related Government Programs

  • Other Electric Power Generation
  • Department of Commerce Contracting
  • National Institute of Standards and Technology Programs

Risk Flags

  • Short contract duration
  • Lack of detailed performance metrics
  • Limited information on specific power type and volume

Tags

other-electric-power-generation, department-of-commerce, md, do, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Commerce awarded $12.8 million to PEPCO ENERGY SERVICES, INC.. ELECTRIC POWER

Who is the contractor on this award?

The obligated recipient is PEPCO ENERGY SERVICES, INC..

Which agency awarded this contract?

Awarding agency: Department of Commerce (National Institute of Standards and Technology).

What is the total obligated amount?

The obligated amount is $12.8 million.

What is the period of performance?

Start: 2007-03-28. End: 2007-12-31.

What was the specific type and volume of electric power procured under this contract?

The provided data does not specify the exact type (e.g., grid power, renewable energy) or the volume (e.g., kilowatt-hours) of electric power procured. This information is crucial for a detailed value assessment and comparison against industry benchmarks.

Were there any performance metrics or service level agreements tied to this contract?

The data does not mention specific performance metrics or service level agreements. While the contract is firm fixed price, the absence of defined performance standards makes it challenging to evaluate the effectiveness of the service beyond basic delivery.

How did the awarded price compare to other bids received during the full and open competition?

While the contract was awarded under full and open competition, the specific details of other bids are not provided. To fully assess the value and taxpayer impact, a comparison of the awarded price against the range of submitted bids would be necessary.

Industry Classification

NAICS: UtilitiesElectric Power Generation, Transmission and DistributionOther Electric Power Generation

Product/Service Code: UTILITIES AND HOUSEKEEPINGUTILITIES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Pepco Holdings LLC (UEI: 105895010)

Address: 1300 NORTH 17TH STREET, ARLINGTON, VA, 22209

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $12,823,250

Exercised Options: $12,823,250

Current Obligation: $12,823,250

Parent Contract

Parent Award PIID: SP060005G8029

IDV Type: IDC

Timeline

Start Date: 2007-03-28

Current End Date: 2007-12-31

Potential End Date: 2007-12-31 00:00:00

Last Modified: 2017-03-03

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