DoD's $45M Vertex Aerospace Contract for Aircraft Parts Lacks Competition, Raises Oversight Concerns

Contract Overview

Contract Amount: $44,963,365 ($45.0M)

Contractor: Vertex Aerospace LLC

Awarding Agency: Department of Defense

Start Date: 2017-08-16

End Date: 2022-08-19

Contract Duration: 1,829 days

Daily Burn Rate: $24.6K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: CONTRACTOR FIELD TEAM

Place of Performance

Location: MADISON, MADISON County, MISSISSIPPI, 39110

State: Mississippi Government Spending

Plain-Language Summary

Department of Defense obligated $45.0 million to VERTEX AEROSPACE LLC for work described as: CONTRACTOR FIELD TEAM Key points: 1. Significant spending on aircraft parts by the Department of the Navy. 2. Vertex Aerospace LLC is the sole contractor, indicating a lack of competition. 3. The contract duration is substantial, spanning over five years. 4. Potential for taxpayer funds to be mismanaged due to limited oversight.

Value Assessment

Rating: questionable

The contract value of $44.96 million over 1829 days suggests a high per-unit cost is possible given the lack of competitive bidding. Without benchmarks, it's difficult to assess true value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was awarded on a sole-source basis, meaning there was no competition. This significantly limits price discovery and potentially leads to higher costs for the government.

Taxpayer Impact: The lack of competition and potential for inflated pricing directly impacts taxpayer value, as funds may not be used as efficiently as possible.

Public Impact

Taxpayers may be overpaying for essential aircraft parts due to the absence of competitive bidding. The long contract duration could lock the government into a potentially suboptimal pricing arrangement. Limited transparency in sole-source contracts can obscure potential inefficiencies or waste.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Long contract duration
  • Lack of transparency
  • Potential for overpayment

Positive Signals

  • Contract awarded to Vertex Aerospace LLC
  • Firm Fixed Price contract type

Sector Analysis

This contract falls within the 'Other Aircraft Parts and Auxiliary Equipment Manufacturing' sector. Spending in this area is critical for maintaining military readiness, but competitive procurement is key to ensuring cost-effectiveness.

Small Business Impact

There is no indication that small businesses were involved in this sole-source contract, suggesting a missed opportunity for small business participation and economic development.

Oversight & Accountability

The sole-source nature of this contract raises concerns about oversight. Without competitive pressure, ensuring accountability for performance and cost control becomes more challenging.

Related Government Programs

  • Other Aircraft Parts and Auxiliary Equipment Manufacturing
  • Department of Defense Contracting
  • Department of the Navy Programs

Risk Flags

  • Sole-source award limits competition and price discovery.
  • Potential for inflated costs due to lack of competitive bidding.
  • Long contract duration may not reflect current market conditions.
  • Limited transparency in sole-source procurements.
  • No apparent small business participation.

Tags

other-aircraft-parts-and-auxiliary-equip, department-of-defense, ms, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $45.0 million to VERTEX AEROSPACE LLC. CONTRACTOR FIELD TEAM

Who is the contractor on this award?

The obligated recipient is VERTEX AEROSPACE LLC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Navy).

What is the total obligated amount?

The obligated amount is $45.0 million.

What is the period of performance?

Start: 2017-08-16. End: 2022-08-19.

What was the justification for awarding this contract on a sole-source basis, and what steps were taken to ensure fair pricing?

The justification for a sole-source award typically involves unique capabilities or urgent needs. However, without detailed documentation, it's impossible to assess if fair pricing was achieved. The government should have conducted a thorough market analysis and negotiation process to mitigate the risks associated with non-competitive procurement.

What are the specific performance metrics and quality control measures in place for Vertex Aerospace LLC?

Given this is a sole-source contract for aircraft parts, robust performance metrics and quality control are crucial. The government should have clearly defined deliverables, acceptance criteria, and penalties for non-performance. Regular audits and inspections are necessary to ensure the parts meet stringent military specifications and safety standards.

How does the per-unit cost of these parts compare to similar components procured competitively by other military branches or agencies?

A direct comparison of per-unit costs is essential for evaluating value. If this sole-source contract's pricing is significantly higher than comparable competitively procured parts, it indicates a potential loss of taxpayer funds. The Department of Defense should maintain internal benchmarks and conduct post-award price analyses to identify such discrepancies.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingOther Aircraft Parts and Auxiliary Equipment Manufacturing

Product/Service Code: AEROSPACE CRAFT LAUNCHING, LANDING, GROUND HANDLING AND SERVICING EQUIPMENT

Competition & Pricing

Extent Competed: NOT AVAILABLE FOR COMPETITION

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: N0001917R0068

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Vertex Aerospace Services Corp.

Address: 555 INDUSTRIAL DR S, MADISON, MS, 39110

Business Categories: Category Business, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $47,007,474

Exercised Options: $44,963,365

Current Obligation: $44,963,365

Subaward Activity

Number of Subawards: 4

Total Subaward Amount: $293,114

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2017-08-16

Current End Date: 2022-08-19

Potential End Date: 2022-08-19 00:00:00

Last Modified: 2023-03-28

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