DoD Navy Awards $12.2M Firm Fixed Price Contract to Diversified Industrial Concepts, Inc

Contract Overview

Contract Amount: $12,206,791 ($12.2M)

Contractor: Diversified Industrial Concepts, Inc

Awarding Agency: Department of Defense

Start Date: 2005-10-01

End Date: 2010-09-30

Contract Duration: 1,825 days

Daily Burn Rate: $6.7K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Place of Performance

Location: NORFOLK, NORFOLK (CITY) County, VIRGINIA, 23511

State: Virginia Government Spending

Plain-Language Summary

Department of Defense obligated $12.2 million to DIVERSIFIED INDUSTRIAL CONCEPTS, INC for work described as: Key points: 1. Contract awarded for unspecified goods/services to Diversified Industrial Concepts, Inc. 2. The contract value is $12,206,791.38 over a 5-year period. 3. Awarded by the Department of the Navy, indicating a defense sector focus. 4. The contract type is Firm Fixed Price, providing cost certainty. 5. No specific product or service details are available, limiting deeper analysis.

Value Assessment

Rating: questionable

Pricing cannot be assessed due to lack of service/product details and benchmark data. The contract value is substantial, but without context, its reasonableness is unknown.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was not available for competition, suggesting a limited or sole-source justification. This limits price discovery and potentially leads to higher costs for taxpayers.

Taxpayer Impact: The lack of competition may result in a higher cost to taxpayers than if the contract had been competitively bid.

Public Impact

Taxpayers may be overpaying due to the absence of competitive bidding. Lack of transparency regarding the specific goods or services procured hinders public understanding. The long duration (5 years) suggests a potentially critical or ongoing need for the unspecified items.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of competition
  • Lack of service/product detail
  • Limited transparency

Positive Signals

  • Firm Fixed Price contract type provides cost certainty
  • Awarded to a specific company, indicating a defined vendor relationship

Sector Analysis

This contract falls within the defense sector, specifically the Department of the Navy. Defense spending often involves complex, high-value procurements, but transparency can vary.

Small Business Impact

No information is available regarding small business participation in this contract. The awardee is Diversified Industrial Concepts, Inc., a single entity.

Oversight & Accountability

Oversight is primarily the responsibility of the Department of the Navy. The lack of competition and detailed service information makes independent oversight challenging.

Related Government Programs

  • Department of Defense Contracting
  • Department of the Navy Programs

Risk Flags

  • Lack of transparency regarding procured items/services.
  • Absence of competitive bidding raises concerns about cost-effectiveness.
  • Potential for inflated pricing due to limited competition.
  • Limited insight into vendor performance or contract execution.
  • Unclear justification for non-competitive award.

Tags

department-of-defense, va, do, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $12.2 million to DIVERSIFIED INDUSTRIAL CONCEPTS, INC. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is DIVERSIFIED INDUSTRIAL CONCEPTS, INC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Navy).

What is the total obligated amount?

The obligated amount is $12.2 million.

What is the period of performance?

Start: 2005-10-01. End: 2010-09-30.

What specific goods or services were procured under this contract, and how do they align with the Department of the Navy's mission requirements?

The provided data does not specify the goods or services. To assess alignment, detailed documentation of the procurement's purpose, the specific items or services provided, and their intended use within naval operations would be required. Without this, it's impossible to determine if the spending effectively supports the Navy's objectives.

What was the justification for awarding this contract on a limited/non-competitive basis, and what steps were taken to ensure fair pricing?

The data states the contract was 'NOT AVAILABLE FOR COMPETITION.' A thorough justification for this status, such as a sole-source requirement or urgent need, would be necessary. The process for ensuring fair pricing in such scenarios typically involves detailed cost analysis, comparison to market research, or reliance on historical pricing, none of which are detailed here.

How does the $12.2 million contract value compare to similar procurements within the Department of the Navy or other defense agencies?

Without knowing the specific goods or services, a direct comparison is impossible. Benchmarking would require identifying contracts for identical or highly similar items/services, considering factors like quantity, duration, and vendor. The 'br': 6689 field might represent a benchmark or reference number, but its meaning is unclear without further context.

Competition & Pricing

Extent Competed: NOT AVAILABLE FOR COMPETITION

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 810 KEMPSVILLE RD SUITE 4B, VIRGINIA BEACH, VA, 02

Business Categories: AbilityOne Program Participant, Category Business, Not Designated a Small Business, Special Designations

Parent Contract

Parent Award PIID: N4008506D1109

IDV Type: IDC

Timeline

Start Date: 2005-10-01

Current End Date: 2010-09-30

Potential End Date: 2010-09-30 00:00:00

Last Modified: 2014-03-18

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