DoD's $28.6M Contract with Lockheed Martin for Support Services Awarded Under Full and Open Competition

Contract Overview

Contract Amount: $28,567,937 ($28.6M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2020-01-15

End Date: 2021-01-18

Contract Duration: 369 days

Daily Burn Rate: $77.4K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: COST PLUS FIXED FEE

Sector: Other

Official Description: FOSOV MECHANICS: AWARD

Place of Performance

Location: LEXINGTON, FAYETTE County, KENTUCKY, 40516

State: Kentucky Government Spending

Plain-Language Summary

Department of Defense obligated $28.6 million to LOCKHEED MARTIN CORPORATION for work described as: FOSOV MECHANICS: AWARD Key points: 1. Awarded to a major defense contractor, indicating significant scope. 2. Full and open competition suggests a potentially competitive bidding process. 3. The contract type (Cost Plus Fixed Fee) can lead to cost overruns. 4. The sector is 'Other Support Services,' which is broad and requires further definition.

Value Assessment

Rating: fair

The contract value of $28.6 million for a 369-day duration is substantial. Benchmarking against similar 'All Other Support Services' contracts is difficult without more specific service details.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which theoretically allows for the widest range of bidders and promotes price discovery. However, the specific nature of 'All Other Support Services' may limit the number of truly competitive bids.

Taxpayer Impact: The use of full and open competition is generally positive for taxpayers, as it aims to secure the best value through market forces.

Public Impact

Taxpayers may benefit from competitive pricing due to the full and open competition. The broad category of 'All Other Support Services' could encompass a wide range of activities, impacting the clarity of public understanding. The contract duration of just over one year suggests a specific, potentially short-term need.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Cost Plus Fixed Fee contract type can incentivize contractor to increase costs.
  • Broad service category lacks specificity, making oversight challenging.
  • No indication of small business participation.

Positive Signals

  • Awarded under full and open competition.
  • Contract awarded to a well-established contractor.

Sector Analysis

The 'All Other Support Services' category (NAICS 561990) is very broad and can include a wide array of services not elsewhere classified. Benchmarking spending in this category is challenging due to its heterogeneity.

Small Business Impact

The data indicates that small business participation was not a factor in this award (ss: false, sb: false). This suggests the contract was not specifically set aside for small businesses.

Oversight & Accountability

The contract was awarded by the U.S. Special Operations Command, a component of the Department of Defense. Oversight would typically involve contract management teams within SOCOM to ensure performance and cost control.

Related Government Programs

  • All Other Support Services
  • Department of Defense Contracting
  • U.S. Special Operations Command Programs

Risk Flags

  • Cost Plus Fixed Fee contract type.
  • Broad and undefined service category.
  • No small business participation noted.
  • Contract duration is relatively short, potentially indicating a specific, non-recurring need.

Tags

all-other-support-services, department-of-defense, ky, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $28.6 million to LOCKHEED MARTIN CORPORATION. FOSOV MECHANICS: AWARD

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN CORPORATION.

Which agency awarded this contract?

Awarding agency: Department of Defense (U.S. Special Operations Command).

What is the total obligated amount?

The obligated amount is $28.6 million.

What is the period of performance?

Start: 2020-01-15. End: 2021-01-18.

What specific services are included under 'All Other Support Services' for this contract?

The specific services encompassed by 'All Other Support Services' (NAICS 561990) for this Lockheed Martin contract are not detailed in the provided data. This broad classification can include a wide range of support functions, from administrative and general management to specialized operational support, making it difficult to assess the precise nature of the work performed without further documentation.

What are the potential risks associated with a Cost Plus Fixed Fee (CPFF) contract type in this context?

A Cost Plus Fixed Fee (CPFF) contract allows the contractor to recover all allowable costs plus a predetermined fixed fee. While it incentivizes the contractor to control costs to protect their fee, it can also lead to cost overruns if the initial cost estimates are inaccurate or if scope creep occurs. The government bears the risk of cost increases beyond the estimate.

How does the full and open competition impact the overall effectiveness and value for taxpayers?

Full and open competition is designed to maximize the pool of potential bidders, thereby fostering a more competitive environment that should lead to better pricing and higher quality services for the government. This approach is generally considered effective in achieving value for taxpayers by leveraging market forces to identify the most capable and cost-efficient provider.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation ServicesOther Support ServicesAll Other Support Services

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 5749 BRIAR HILL RD, LEXINGTON, KY, 40516

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $28,567,937

Exercised Options: $28,567,937

Current Obligation: $28,567,937

Subaward Activity

Number of Subawards: 14

Total Subaward Amount: $38,062,022

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: H9225417D0001

IDV Type: IDC

Timeline

Start Date: 2020-01-15

Current End Date: 2021-01-18

Potential End Date: 2021-01-18 00:00:00

Last Modified: 2025-09-25

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