DoD Awards $7.99M Engineering Services Contract to RMGS Inc. for Asset Management

Contract Overview

Contract Amount: $7,994,416 ($8.0M)

Contractor: Rmgs Inc

Awarding Agency: Department of Defense

Start Date: 2023-09-29

End Date: 2026-09-28

Contract Duration: 1,095 days

Daily Burn Rate: $7.3K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 3

Pricing Type: COST PLUS FIXED FEE

Sector: Engineering Services

Official Description: ASSET MANAGEMENT

Place of Performance

Location: FORT BELVOIR, FAIRFAX County, VIRGINIA, 22060

State: Virginia Government Spending

Plain-Language Summary

Department of Defense obligated $8.0 million to RMGS INC for work described as: ASSET MANAGEMENT Key points: 1. Contract value of $7.99 million for asset management services. 2. RMGS Inc. is the sole awardee under a full and open competition after exclusion of sources. 3. Potential risk associated with the 'exclusion of sources' clause. 4. Spending falls within the Engineering Services sector.

Value Assessment

Rating: good

The contract value of $7.99 million for a 3-year period appears reasonable for specialized engineering services. Benchmarking against similar asset management contracts within the DoD would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES'. This method suggests that while competition was sought, specific sources were excluded, potentially limiting the breadth of price discovery and innovation.

Taxpayer Impact: Taxpayer funds are being utilized for essential asset management services. The 'exclusion of sources' may impact the ultimate cost-effectiveness compared to unrestricted full and open competition.

Public Impact

Ensures effective management of critical defense assets. Supports the operational readiness of the Defense Threat Reduction Agency. Potential for specialized expertise to enhance asset lifecycle management.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Exclusion of sources in competition
  • Cost Plus Fixed Fee pricing structure

Positive Signals

  • Awarded to support critical defense agency
  • Defined period of performance

Sector Analysis

This contract falls under Engineering Services (NAICS 541330), a sector crucial for national defense. Spending benchmarks for similar DoD engineering services contracts would provide further context on the value of this award.

Small Business Impact

The data does not indicate whether small businesses were involved in this specific award or the preceding competition. Further analysis would be needed to assess small business participation.

Oversight & Accountability

The Department of Defense's oversight mechanisms are expected to ensure proper execution of this contract. Accountability for asset management performance will be key.

Related Government Programs

  • Engineering Services
  • Department of Defense Contracting
  • Defense Threat Reduction Agency Programs

Risk Flags

  • Limited competition due to source exclusion
  • Potential for cost overruns with CPFF structure
  • Lack of transparency on specific performance metrics
  • No indication of small business participation

Tags

engineering-services, department-of-defense, va, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $8.0 million to RMGS INC. ASSET MANAGEMENT

Who is the contractor on this award?

The obligated recipient is RMGS INC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Threat Reduction Agency).

What is the total obligated amount?

The obligated amount is $8.0 million.

What is the period of performance?

Start: 2023-09-29. End: 2026-09-28.

What is the justification for excluding specific sources in the competition?

The justification for excluding specific sources in the competition is not provided in the data. Typically, such exclusions are based on factors like proprietary data, unique capabilities, or prior performance requirements. A thorough review of the solicitation documents would be necessary to understand the rationale and its potential impact on competition and pricing.

How does the Cost Plus Fixed Fee structure impact overall cost control?

The Cost Plus Fixed Fee (CPFF) structure allows the contractor to recover allowable costs plus a predetermined fixed fee. While it incentivizes the contractor to control costs to maximize their fee, it can also lead to cost overruns if not closely monitored. The government bears the risk of cost increases beyond the estimate.

What are the key performance indicators (KPIs) for this asset management contract?

Key performance indicators for this asset management contract are not detailed in the provided data. Effective oversight would require clearly defined KPIs related to asset tracking accuracy, maintenance scheduling, lifecycle cost analysis, and compliance with regulatory standards to ensure the contractor meets the agency's objectives.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesArchitectural, Engineering, and Related ServicesEngineering Services

Product/Service Code: QUALITY CONTROL, TEST, INSPECTIONOTHER QUALITY, TEST, INSPECT SVCS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: HDTRA120R0076

Offers Received: 3

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 500 VIKING DR, VIRGINIA BEACH, VA, 23452

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Service Disabled Veteran Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $11,125,166

Exercised Options: $8,602,233

Current Obligation: $7,994,416

Actual Outlays: $1,248,309

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: HDTRA122D0010

IDV Type: IDC

Timeline

Start Date: 2023-09-29

Current End Date: 2026-09-28

Potential End Date: 2028-09-28 00:00:00

Last Modified: 2025-12-11

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