DoD's Air Force Spends $70.7M on R&D Services with Torch Technologies Inc

Contract Overview

Contract Amount: $70,714,842 ($70.7M)

Contractor: Torch Technologies Inc

Awarding Agency: Department of Defense

Start Date: 2023-04-01

End Date: 2024-03-31

Contract Duration: 365 days

Daily Burn Rate: $193.7K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 4

Pricing Type: COST PLUS FIXED FEE

Sector: R&D

Official Description: ADVISORY AND ASSISTANCE SERIVCES

Place of Performance

Location: HUNTSVILLE, MADISON County, ALABAMA, 35802

State: Alabama Government Spending

Plain-Language Summary

Department of Defense obligated $70.7 million to TORCH TECHNOLOGIES INC for work described as: ADVISORY AND ASSISTANCE SERIVCES Key points: 1. Significant contract value of $70.7M for advisory and assistance services. 2. Competition method indicates full and open competition after exclusion of sources. 3. Risk associated with cost-plus-fixed-fee contract type. 4. Spending falls within the Research and Development sector.

Value Assessment

Rating: fair

The contract is a Cost Plus Fixed Fee type, which can lead to cost overruns if not managed carefully. The award amount of $70.7M for a 1-year duration needs to be benchmarked against similar R&D services contracts.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES'. This method suggests an initial exclusion of some sources, followed by open competition, which may impact price discovery compared to a purely full and open process.

Taxpayer Impact: The $70.7M expenditure represents taxpayer funds allocated to research and development services, with the effectiveness of this spending dependent on the outcomes achieved.

Public Impact

Taxpayers fund critical R&D services for the Air Force. Contract supports technological advancement within the Department of Defense. Potential for innovation and improved defense capabilities. Ensures specialized expertise is available for complex research tasks.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Cost Plus Fixed Fee contract type
  • Potential for cost overruns
  • Limited duration of 1 year

Positive Signals

  • Full and open competition utilized
  • Supports critical R&D mission
  • Experienced contractor

Sector Analysis

This contract falls under the Research and Development in the Physical, Engineering, and Life Sciences sector. Spending in this area is crucial for maintaining technological superiority but requires careful oversight to ensure value for money.

Small Business Impact

The data does not indicate any specific set-asides for small businesses. The contract was awarded to Torch Technologies Inc., and further analysis would be needed to determine the extent of small business participation as subcontractors.

Oversight & Accountability

The contract is a delivery order under a larger contract, suggesting some level of pre-award review. However, the cost-plus-fixed-fee structure necessitates robust oversight to manage costs and ensure deliverables meet expectations.

Related Government Programs

  • Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)
  • Department of Defense Contracting
  • Department of the Air Force Programs

Risk Flags

  • Cost Plus Fixed Fee contract type can lead to cost overruns.
  • Limited duration may not allow for full project lifecycle completion.
  • Potential for scope creep without stringent oversight.
  • Lack of detailed performance metrics in provided data.
  • Initial exclusion of sources might limit competitive pricing.

Tags

research-and-development-in-the-physical, department-of-defense, al, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $70.7 million to TORCH TECHNOLOGIES INC. ADVISORY AND ASSISTANCE SERIVCES

Who is the contractor on this award?

The obligated recipient is TORCH TECHNOLOGIES INC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Air Force).

What is the total obligated amount?

The obligated amount is $70.7 million.

What is the period of performance?

Start: 2023-04-01. End: 2024-03-31.

What is the specific research and development objective of this $70.7M contract, and how does it align with the Air Force's strategic goals?

The specific R&D objective is not detailed in the provided data. However, advisory and assistance services in the physical, engineering, and life sciences typically support the development of new technologies, systems, or processes. Alignment with strategic goals would require examining the Air Force's current modernization priorities and technological roadmaps.

What are the key performance indicators (KPIs) for this contract, and how is Torch Technologies Inc.'s performance being measured to ensure effective use of taxpayer funds?

Key performance indicators are not explicitly stated in the provided data. For a Cost Plus Fixed Fee contract, performance is typically measured against technical milestones, delivery schedules, and adherence to budget constraints. The Air Force contracting officer would be responsible for monitoring these aspects and ensuring Torch Technologies Inc. meets its contractual obligations.

Given the 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES' method, what was the rationale for excluding certain sources initially, and did this impact the final pricing?

The rationale for excluding sources initially is not provided. This method often stems from specific technical requirements or prior relationships that necessitate a specialized approach. While competition was eventually opened, the initial exclusion could potentially limit the breadth of competitive offers and influence the final negotiated price.

Industry Classification

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

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)MANAGEMENT SUPPORT SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 4

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 4090 MEMORIAL PKWY S, HUNTSVILLE, AL, 35802

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

Financial Breakdown

Contract Ceiling: $79,396,601

Exercised Options: $79,396,601

Current Obligation: $70,714,842

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS00Q14OADS737

IDV Type: IDC

Timeline

Start Date: 2023-04-01

Current End Date: 2024-03-31

Potential End Date: 2028-03-31 00:00:00

Last Modified: 2025-08-15

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