Dod Awards $25.3M for I-24-3-1 Anchor to Igov Technologies, Inc
Contract Overview
Contract Amount: $25,307,989 ($25.3M)
Contractor: Igov Technologies, Inc.
Awarding Agency: Department of Defense
Start Date: 2023-11-17
End Date: 2024-09-08
Contract Duration: 296 days
Daily Burn Rate: $85.5K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 3
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: I-24-3-1 ANCHOR
Place of Performance
Location: RESTON, FAIRFAX County, VIRGINIA, 20191
State: Virginia Government Spending
Plain-Language Summary
Department of Defense obligated $25.3 million to IGOV TECHNOLOGIES, INC. for work described as: I-24-3-1 ANCHOR Key points: 1. Contract awarded to IGOV TECHNOLOGIES, INC. for $25.3M. 2. The contract falls under the 'All Other Miscellaneous Manufacturing' sector. 3. Full and open competition was utilized. 4. The contract is for a delivery order with a firm fixed price. 5. This award represents a small portion of the Department of Defense's overall spending.
Value Assessment
Rating: good
The award amount of $25.3M appears reasonable given the contract duration of 296 days. Benchmarking against similar manufacturing contracts would provide further insight into its value.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The use of full and open competition suggests a robust price discovery process. This method typically leads to more competitive pricing by allowing all eligible vendors to bid.
Taxpayer Impact: The competitive nature of this award is likely to result in a fair price for taxpayers, maximizing value for the funds expended.
Public Impact
Supports U.S. Special Operations Command needs. Contributes to the manufacturing sector within the defense industry. Ensures availability of critical equipment for military operations.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for cost overruns if scope expands beyond initial delivery order.
- Dependence on a single vendor for this specific anchor requirement.
Positive Signals
- Awarded through full and open competition.
- Firm fixed price contract limits cost uncertainty.
- Supports critical Special Operations Command mission.
Sector Analysis
This contract falls within the miscellaneous manufacturing sector, which is diverse and can include specialized equipment. Spending in this area for defense is often project-specific and driven by operational requirements.
Small Business Impact
The data indicates that small business participation was not a factor in this specific award, as the 'sb' field is false. Further analysis would be needed to determine if this contract could have been structured to include small business set-asides.
Oversight & Accountability
The contract was awarded by the Department of Defense, specifically U.S. Special Operations Command, indicating oversight from a major federal agency. The firm fixed price and full and open competition suggest established procurement processes were followed.
Related Government Programs
- All Other Miscellaneous Manufacturing
- Department of Defense Contracting
- U.S. Special Operations Command Programs
Risk Flags
- Contract awarded to a single entity.
- Limited information on the specific item being procured.
- Potential for sole-source follow-on contracts if this is a unique requirement.
- Small business participation not explicitly mentioned.
Tags
all-other-miscellaneous-manufacturing, department-of-defense, va, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $25.3 million to IGOV TECHNOLOGIES, INC.. I-24-3-1 ANCHOR
Who is the contractor on this award?
The obligated recipient is IGOV TECHNOLOGIES, INC..
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 $25.3 million.
What is the period of performance?
Start: 2023-11-17. End: 2024-09-08.
What is the specific function and criticality of the 'I-24-3-1 ANCHOR' to U.S. Special Operations Command?
The specific function and criticality of the 'I-24-3-1 ANCHOR' are not detailed in the provided data. Understanding its role in operational effectiveness, potential failure points, and its necessity for mission success would be crucial for a comprehensive value assessment. This information would help determine if the $25.3M investment is justified by its contribution to national security objectives.
What are the potential risks associated with the 'All Other Miscellaneous Manufacturing' category for this contract?
Risks in the 'All Other Miscellaneous Manufacturing' category can include supply chain vulnerabilities, reliance on specialized materials or processes, and potential for obsolescence if the technology is not cutting-edge. For this specific anchor, risks might involve production delays, quality control issues, or the inability to scale production if demand increases unexpectedly, impacting operational readiness.
How does the firm fixed price structure impact the government's ability to ensure cost-effectiveness over the contract's lifecycle?
A firm fixed price (FFP) contract shifts most of the risk to the contractor, providing cost certainty for the government. While this is generally effective for well-defined requirements, it can sometimes lead to contractors cutting corners on quality or innovation to protect their profit margin. For this anchor, the FFP structure is beneficial for budget predictability, but ongoing monitoring is needed to ensure the delivered product meets all specifications.
Industry Classification
NAICS: Manufacturing › Other Miscellaneous Manufacturing › All Other Miscellaneous Manufacturing
Product/Service Code: ELECTRICAL/ELECTRONIC EQPT COMPNTS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: H9240120R0001
Offers Received: 3
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 12030 SUNRISE VALLEY DR STE 300, RESTON, VA, 20191
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $25,307,989
Exercised Options: $25,307,989
Current Obligation: $25,307,989
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: H9240121D0002
IDV Type: IDC
Timeline
Start Date: 2023-11-17
Current End Date: 2024-09-08
Potential End Date: 2024-09-08 00:00:00
Last Modified: 2024-06-18
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