DoD Navy awards $27.9M for Mission Readiness Support to Strategic Technology Institute Inc

Contract Overview

Contract Amount: $27,913,420 ($27.9M)

Contractor: Strategic Technology Institute Inc

Awarding Agency: Department of Defense

Start Date: 2011-02-09

End Date: 2014-05-16

Contract Duration: 1,192 days

Daily Burn Rate: $23.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: MISSION READINESS SUPPORT

Place of Performance

Location: ROCKVILLE, MONTGOMERY County, MARYLAND, 20852

State: Maryland Government Spending

Plain-Language Summary

Department of Defense obligated $27.9 million to STRATEGIC TECHNOLOGY INSTITUTE INC for work described as: MISSION READINESS SUPPORT Key points: 1. Contract awarded for engineering services supporting mission readiness. 2. Strategic Technology Institute Inc. is the sole awardee. 3. Full and open competition was utilized. 4. The contract duration was 1192 days.

Value Assessment

Rating: fair

The contract value of $27.9M over approximately 3.25 years suggests a moderate annual spend. Benchmarking against similar engineering services contracts would be necessary to fully assess value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a competitive bidding process. This method generally promotes price discovery and potentially better pricing for the government.

Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by fostering a competitive environment.

Public Impact

Supports Department of the Navy's mission readiness. Contract awarded to a single entity, Strategic Technology Institute Inc. Services provided under NAICS code 541330 (Engineering Services).

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of specific performance metrics or outcomes in provided data.
Potential for cost overruns in Cost Plus Fixed Fee contracts.
Limited insight into the specific nature of 'mission readiness support'.

Positive Signals

Awarded via full and open competition.
Clear contract duration and award amount.
Supports critical defense functions.

Sector Analysis

Engineering services are crucial for maintaining and enhancing defense capabilities. The $27.9M award falls within a typical range for specialized support contracts of this duration.

Small Business Impact

The provided data does not indicate if small businesses were involved as subcontractors or if the prime contractor is a small business. Further analysis would be needed.

Oversight & Accountability

The contract was awarded under full and open competition, suggesting a structured procurement process. However, ongoing oversight of performance and costs for this Cost Plus Fixed Fee contract is essential.

Related Government Programs

Engineering Services
Department of Defense Contracting
Department of the Navy Programs

Risk Flags

Cost Plus Fixed Fee contract type.
Limited detail on specific services provided.
No indication of small business participation.
Potential for cost overruns.

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $27.9 million to STRATEGIC TECHNOLOGY INSTITUTE INC. MISSION READINESS SUPPORT

Who is the contractor on this award?

The obligated recipient is STRATEGIC TECHNOLOGY INSTITUTE 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 $27.9 million.

What is the period of performance?

Start: 2011-02-09. End: 2014-05-16.

What specific engineering services were provided under this contract to ensure mission readiness?

The provided data lacks specifics on the exact engineering services rendered. 'Mission readiness support' is broad and could encompass a wide range of activities, from system maintenance and upgrades to logistical planning and technical analysis. Understanding the precise nature of these services is key to evaluating their effectiveness and value.

How does the Cost Plus Fixed Fee structure impact the government's risk and the contractor's incentive for cost control?

Cost Plus Fixed Fee (CPFF) contracts allow the contractor to recover all allowable costs plus a predetermined fixed fee. This structure shifts some cost risk to the government, as the final price can increase if costs exceed projections. While the fixed fee provides an incentive for the contractor to manage costs, it may be less pronounced than in fixed-price contracts.

What was the competitive landscape like for this specific engineering service requirement?

The contract was awarded under 'full and open competition,' indicating that all responsible sources were permitted to submit bids. However, the data does not reveal the number of bids received or the specific capabilities of competing firms. A robust competitive landscape is crucial for ensuring the government obtains the best value and pricing.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Architectural, Engineering, and Related Services › Engineering Services

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: N0002410R3381

Offers Received: 1

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 6000 EXECUTIVE BLVD STE 2, ROCKVILLE, MD, 20852

Business Categories: Category Business, Minority Owned Business, Small Business, Indian (Subcontinent) American Owned Business

Financial Breakdown

Contract Ceiling: $28,052,232

Exercised Options: $28,052,232

Current Obligation: $27,913,420

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N0017805D4580

IDV Type: IDC

Timeline