DoD awards $14.86M contract to NEUGENESYS CORP for R&D in Physical, Engineering, and Life Sciences
Contract Overview
Contract Amount: $14,861,992 ($14.9M)
Contractor: Neugenesis Corp
Awarding Agency: Department of Defense
Start Date: 2007-05-24
End Date: 2010-03-31
Contract Duration: 1,042 days
Daily Burn Rate: $14.3K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 11
Pricing Type: COST PLUS FIXED FEE
Sector: R&D
Official Description: PHASE I
Place of Performance
Location: BURLINGAME, SAN MATEO County, CALIFORNIA, 94010
Plain-Language Summary
Department of Defense obligated $14.9 million to NEUGENESIS CORP for work described as: PHASE I Key points: 1. Contract awarded for Research and Development in Physical, Engineering, and Life Sciences. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. The contract type is Cost Plus Fixed Fee, which can lead to cost overruns. 4. The sector is R&D, a critical area for technological advancement. 5. The award value is $14.86 million over 1042 days.
Value Assessment
Rating: fair
The contract value of $14.86 million for a 1042-day period appears reasonable for R&D. However, without specific deliverables or benchmarks for this specialized field, a direct pricing comparison is difficult.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, indicating multiple bidders likely participated. This method generally promotes price discovery and competitive pricing.
Taxpayer Impact: The competitive nature of the award suggests taxpayers likely received a fair price, though the Cost Plus Fixed Fee structure warrants monitoring for efficiency.
Public Impact
Advancement in R&D areas crucial for national security. Potential for new technologies and scientific breakthroughs. Investment in specialized research capabilities within the US.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Cost Plus Fixed Fee contract type can incentivize higher costs.
- Long duration of the contract may increase risk of scope creep or changing requirements.
Positive Signals
- Awarded under full and open competition.
- Supports critical R&D for the Department of Defense.
Sector Analysis
This contract falls within the Research and Development sector, specifically focusing on physical, engineering, and life sciences. Spending in this area is vital for innovation and maintaining a technological edge, with benchmarks varying widely based on the specific research domain.
Small Business Impact
The data does not indicate whether small businesses were involved in this contract, either as prime contractors or subcontractors. Further analysis would be needed to determine small business participation.
Oversight & Accountability
The Department of Defense's Defense Threat Reduction Agency is responsible for overseeing this contract. Standard oversight mechanisms for R&D contracts would apply, focusing on technical progress and financial management.
Related Government Programs
- Research and Development in the Physical, Engineering, and Life Sciences
- Department of Defense Contracting
- Defense Threat Reduction Agency Programs
Risk Flags
- Cost Plus Fixed Fee contract type
- Long contract duration
- Specialized R&D field with potentially limited competition
- Lack of specific performance metrics in provided data
Tags
research-and-development-in-the-physical, department-of-defense, ca, definitive-contract, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $14.9 million to NEUGENESIS CORP. PHASE I
Who is the contractor on this award?
The obligated recipient is NEUGENESIS CORP.
Which agency awarded this contract?
Awarding agency: Department of Defense (Defense Threat Reduction Agency).
What is the total obligated amount?
The obligated amount is $14.9 million.
What is the period of performance?
Start: 2007-05-24. End: 2010-03-31.
What specific R&D outcomes were achieved for the $14.86 million investment?
The specific research outcomes are not detailed in the provided data. A thorough review of project reports, technical milestones, and final deliverables would be necessary to assess the value derived from the $14.86 million investment. This would include evaluating the scientific merit, practical applications, and contribution to the agency's mission.
What were the primary risks associated with this Cost Plus Fixed Fee R&D contract?
Key risks include potential cost overruns as the contractor is reimbursed for allowable costs plus a fixed fee, potentially incentivizing less cost-conscious behavior. Scope creep is another significant risk in R&D, where project requirements may evolve, leading to increased costs and delays. Ensuring effective oversight to manage these risks is crucial.
How effectively did the full and open competition process ensure optimal value for taxpayer funds?
Full and open competition generally promotes value by encouraging multiple bids and driving down prices. However, for specialized R&D, the number of qualified bidders might be limited. The effectiveness in ensuring optimal value depends on the thoroughness of the evaluation process and the clarity of the solicitation's requirements.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Scientific Research and Development Services › Research and Development in the Physical, Engineering, and Life Sciences
Product/Service Code: RESEARCH AND DEVELOPMENT › DEFENSE (OTHER) R&D
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Offers Received: 11
Pricing Type: COST PLUS FIXED FEE (U)
Evaluated Preference: NONE
Contractor Details
Address: 849 MITTEN RD STE 102, BURLINGAME, CA, 94010
Business Categories: Category Business, Small Business
Financial Breakdown
Contract Ceiling: $14,872,082
Exercised Options: $14,872,082
Current Obligation: $14,861,992
Contract Characteristics
Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED
Cost or Pricing Data: NO
Timeline
Start Date: 2007-05-24
Current End Date: 2010-03-31
Potential End Date: 2010-03-31 00:00:00
Last Modified: 2017-02-22
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