DoD awards $16.7M Engineering Services contract to General Electric Company, a sole-source procurement

Contract Overview

Contract Amount: $16,786,944 ($16.8M)

Contractor: General Electric Company

Awarding Agency: Department of Defense

Start Date: 2005-10-01

End Date: 2012-09-11

Contract Duration: 2,537 days

Daily Burn Rate: $6.6K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: COST PLUS INCENTIVE FEE

Sector: Defense

Place of Performance

Location: CINCINNATI, HAMILTON County, OHIO, 45215

State: Ohio Government Spending

Plain-Language Summary

Department of Defense obligated $16.8 million to GENERAL ELECTRIC COMPANY for work described as: Key points: 1. Significant contract value of $16.7 million awarded. 2. Sole-source procurement raises questions about competition and potential price inflation. 3. Long contract duration of 2537 days suggests a substantial, ongoing need. 4. Engineering services sector is critical for defense operations.

Value Assessment

Rating: questionable

The contract's cost-plus incentive fee structure can lead to cost overruns if not managed tightly. Without competitive bidding, it's difficult to assess if the $16.7 million represents fair market value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award. This limits price discovery and potentially leads to higher costs for taxpayers compared to a competitive process.

Taxpayer Impact: The lack of competition in this sole-source award may result in higher spending than necessary, impacting taxpayer funds.

Public Impact

Taxpayers may be overpaying due to the absence of competitive bidding. The long-term nature of the contract could lock in potentially inefficient practices. Lack of transparency in sole-source awards can erode public trust.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Cost-plus contract type
  • Long contract duration

Positive Signals

  • Awarded to a major established contractor
  • Contract supports critical defense needs

Sector Analysis

Engineering services are vital for the Department of Defense's operational readiness and technological advancement. Spending in this sector is often substantial, but competitive bidding is crucial for cost efficiency.

Small Business Impact

The contract was awarded to General Electric Company, a large business. There is no indication of small business participation in this sole-source award.

Oversight & Accountability

The sole-source nature of this award warrants close oversight to ensure the contractor is delivering services efficiently and that costs are reasonable, despite the lack of competition.

Related Government Programs

  • Engineering Services
  • Department of Defense Contracting
  • Defense Contract Management Agency Programs

Risk Flags

  • Lack of competition
  • Potential for cost overruns
  • Limited transparency
  • Long contract duration increases risk exposure

Tags

engineering-services, department-of-defense, oh, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $16.8 million to GENERAL ELECTRIC COMPANY. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is GENERAL ELECTRIC COMPANY.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $16.8 million.

What is the period of performance?

Start: 2005-10-01. End: 2012-09-11.

What specific engineering services were procured, and why was a sole-source award deemed necessary?

The specific engineering services procured are not detailed in the provided data. However, sole-source awards are typically justified when only one responsible source can provide the required supplies or services, or in cases of urgent and compelling need. A thorough review of the justification for this sole-source award is necessary to understand the rationale and ensure it was appropriate.

How was the $16.7 million price determined without competitive bidding?

Without competitive bidding, the price is likely based on the contractor's proposed costs, historical pricing, or government estimates. The cost-plus incentive fee structure means the final price could fluctuate based on performance and cost targets. Verifying the reasonableness of the initial estimate and the incentive structure is critical for taxpayer value.

What mechanisms are in place to ensure the effectiveness and efficiency of the engineering services provided over the contract's long duration?

The effectiveness and efficiency are managed through the cost-plus incentive fee structure, which aims to incentivize both cost control and performance. Regular government oversight, performance reviews, and milestone tracking are essential to ensure the contractor meets objectives and delivers value throughout the contract's life cycle.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesArchitectural, Engineering, and Related ServicesEngineering Services

Product/Service Code: ENGINE ACCESSORIES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: COST PLUS INCENTIVE FEE (V)

Evaluated Preference: NONE

Contractor Details

Address: 1 NEUMANN WAY, CINCINNATI, OH, 45215

Business Categories: Category Business, Not Designated a Small Business

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2005-10-01

Current End Date: 2012-09-11

Potential End Date: 2012-09-11 00:00:00

Last Modified: 2022-10-13

More Contracts from General Electric Company

View all General Electric Company federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending