DoD Awards $14.1M SBIR Phase III R&D Contract to Corvid Technologies, LLC

Contract Overview

Contract Amount: $14,147,014 ($14.1M)

Contractor: Corvid Technologies, LLC

Awarding Agency: Department of Defense

Start Date: 2009-09-30

End Date: 2014-08-31

Contract Duration: 1,796 days

Daily Burn Rate: $7.9K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: R&D

Official Description: SBIR PHASE III RESEARCH AND DEVELOPMENT.

Place of Performance

Location: MOORESVILLE, IREDELL County, NORTH CAROLINA, 28117

State: North Carolina Government Spending

Plain-Language Summary

Department of Defense obligated $14.1 million to CORVID TECHNOLOGIES, LLC for work described as: SBIR PHASE III RESEARCH AND DEVELOPMENT. Key points: 1. Contract value of $14.1M for R&D services. 2. Corvid Technologies, LLC is the sole awardee. 3. Contract awarded under Full and Open Competition after Exclusion of Sources. 4. The contract falls under NAICS code 541712 (R&D in Physical, Engineering, and Life Sciences).

Value Assessment

Rating: fair

The contract type is Cost Plus Fixed Fee, which can lead to cost overruns if not managed carefully. The award amount of $14.1M for a 5-year R&D effort requires careful monitoring of expenditures against milestones.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'Full and Open Competition after Exclusion of Sources,' indicating a competitive process but with specific criteria that may have limited the pool of eligible bidders. This method aims for fair pricing while ensuring specialized capabilities are considered.

Taxpayer Impact: Taxpayer funds are being used for advanced research and development, with the expectation of technological advancements and potential future benefits. The cost-plus-fixed-fee structure necessitates robust oversight to ensure value for money.

Public Impact

Supports innovation in defense technologies through SBIR Phase III. Potential for advancements in physical, engineering, and life sciences R&D. Long-term contract duration suggests significant project scope and impact.

Waste & Efficiency Indicators

Waste Risk Score: 78 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Research and Development sector, specifically focusing on physical, engineering, and life sciences. Spending in this area is crucial for maintaining technological superiority, but R&D contracts inherently carry higher risk due to the uncertainty of outcomes.

Small Business Impact

While the contract is awarded to Corvid Technologies, LLC, the data does not specify if they are a small business. SBIR Phase III contracts are intended to further develop technologies from small businesses, but the awardee's size status is not explicitly stated here.

Oversight & Accountability

The contract is managed by the Defense Contract Management Agency (DCMA), indicating a level of oversight. However, the Cost Plus Fixed Fee structure requires diligent monitoring of costs and performance to ensure accountability and prevent waste.

Related Government Programs

Risk Flags

Tags

research-and-development-in-the-physical, department-of-defense, nc, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $14.1 million to CORVID TECHNOLOGIES, LLC. SBIR PHASE III RESEARCH AND DEVELOPMENT.

Who is the contractor on this award?

The obligated recipient is CORVID TECHNOLOGIES, LLC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Contract Management Agency).

What is the total obligated amount?

The obligated amount is $14.1 million.

What is the period of performance?

Start: 2009-09-30. End: 2014-08-31.

What specific technological advancements are expected from this $14.1M R&D contract, and how will their success be measured?

The specific technological advancements are not detailed in the provided data. However, as an SBIR Phase III contract, it aims to commercialize technologies developed in earlier SBIR phases. Success measurement would typically involve achieving defined technical milestones, successful prototype development, and potential for market adoption or further government use, as outlined in the contract's Statement of Work.

What are the primary risks associated with a Cost Plus Fixed Fee contract for R&D, and how are they mitigated?

The primary risk with CPFF contracts is that the contractor may incur costs exceeding initial estimates, potentially leading to higher overall spending than anticipated, as the government pays actual costs plus a fixed fee. Mitigation strategies include rigorous oversight, detailed cost tracking, performance monitoring against milestones, and clear contract terms defining allowable costs and the fixed fee.

How does the 'Full and Open Competition after Exclusion of Sources' method impact the overall value and effectiveness of this R&D award?

This procurement method suggests that while the competition was open, certain sources were excluded, possibly due to specific technical requirements or prior SBIR phase participation. This could potentially limit the breadth of innovation but ensures that bidders possess highly specialized capabilities relevant to the R&D. The effectiveness hinges on whether the selected contractor can deliver the required innovation at a competitive price within the established framework.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesScientific Research and Development ServicesResearch and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)

Product/Service Code: RESEARCH AND DEVELOPMENTC – National Defense R&D Services

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 1

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 153 LANGTREE CAMPUS DR STE 401, MOORESVILLE, NC, 28117

Business Categories: Category Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $14,491,721

Exercised Options: $14,491,721

Current Obligation: $14,147,014

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2009-09-30

Current End Date: 2014-08-31

Potential End Date: 2014-08-31 00:00:00

Last Modified: 2021-11-01

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