DoD Awards $126M Contract to BearingPoint for Advanced Tech Dev Services
Contract Overview
Contract Amount: $126,230,177 ($126.2M)
Contractor: Bearingpoint, Inc.
Awarding Agency: Department of Defense
Start Date: 2004-09-27
End Date: 2011-04-23
Contract Duration: 2,399 days
Daily Burn Rate: $52.6K/day
Competition Type: NOT COMPETED
Number of Offers Received: 1
Pricing Type: COST PLUS INCENTIVE
Sector: IT
Official Description: 200412!V00204!1700!BY006 !NAVSEA WASHINGTON DC !N0002404C6322 !A!N! !Y! ! !20040927!20070930!014097146!014097146!014097146!N!BEARINGPOINT, INC !1676 INTERNATIONAL DRIVE !MCLEAN !VA!22102!01600!003!24!ANNAPOLIS !ANNE ARUNDEL !MARYLAND !+000023736305!N!N!000176700000!AD23!RDTE/SERVICES-ADV TECH DEV !S1 !SERVICES !000 !* !519190!E! !1! ! ! ! ! !99990909!B!E!Y!B! !D!N!V!1!001!N!1G!C!Y!Z! ! !N!C!N! ! ! !Z!Z!A!A!000!A!D!N! ! !Y! ! !N00024!0001! !
Place of Performance
Location: LEXINGTON PARK, ST. MARY'S County, MARYLAND, 20653
State: Maryland Government Spending
Plain-Language Summary
Department of Defense obligated $126.2 million to BEARINGPOINT, INC. for work described as: 200412!V00204!1700!BY006 !NAVSEA WASHINGTON DC !N0002404C6322 !A!N! !Y! ! !20040927!20070930!014097146!014097146!014097146!N!BEARINGPOINT, INC !1676 INTERNATIONAL DRIVE !MCLEAN !VA!22102!01600!003!24!ANNAPOLIS !ANNE… Key points: 1. Contract awarded for advanced technology development services. 2. BearingPoint, Inc. secured the $126M contract. 3. The contract was not competed, raising potential value concerns. 4. Spending is concentrated in the Defense sector, specifically IT/Information Services.
Value Assessment
Rating: questionable
The contract value is $126,230,177.36 over a period of 2399 days. Without specific benchmarks for similar advanced technology development services, it's difficult to definitively assess pricing, especially given the 'not competed' status.
Cost Per Unit: N/A
Competition Analysis
Competition Level: sole-source
The contract was not competed, indicating a sole-source award. This limits price discovery and potentially leads to higher costs for taxpayers as competitive pressures are absent.
Taxpayer Impact: The lack of competition may result in the government paying more than necessary for these advanced technology development services.
Public Impact
Taxpayers may be overpaying due to the sole-source nature of the award. Lack of transparency in the procurement process could hide inefficiencies. The advanced technology developed may not be the most cost-effective solution available. Potential for reduced innovation if competition is consistently avoided.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Sole-source award
- Lack of competition
- Potential for overpayment
Positive Signals
- Contract awarded for advanced technology development
Sector Analysis
This contract falls under the Defense sector, specifically for 'All Other Information Services' (NAICS 519190). Spending in this area is significant, but the lack of competition here is a notable concern for value.
Small Business Impact
There is no indication in the provided data that small businesses were involved in this contract, either as prime contractors or subcontractors.
Oversight & Accountability
The sole-source nature of this award warrants closer oversight to ensure fair pricing and effective delivery of services. Accountability for the justification of non-competition is crucial.
Related Government Programs
- All Other Information Services
- Department of Defense Contracting
- Defense Contract Management Agency Programs
Risk Flags
- Sole-source award lacks competitive pricing.
- Potential for inflated costs due to lack of competition.
- Limited transparency in the procurement process.
- Cost-plus-incentive structure may not guarantee optimal value without strong oversight.
- Effectiveness and ROI of advanced technology development are unclear.
Tags
all-other-information-services, department-of-defense, md, dca, 100m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $126.2 million to BEARINGPOINT, INC.. 200412!V00204!1700!BY006 !NAVSEA WASHINGTON DC !N0002404C6322 !A!N! !Y! ! !20040927!20070930!014097146!014097146!014097146!N!BEARINGPOINT, INC !1676 INTERNATIONAL DRIVE !MCLEAN !VA!22102!01600!003!24!ANNAPOLIS !ANNE ARUNDEL !MARYLAND !+000023736305!N!N!000176700000!AD23!RDTE/SERVICES-ADV TECH DEV !S1 !SERVICES !000 !* !519190!E! !1! ! ! ! ! !999
Who is the contractor on this award?
The obligated recipient is BEARINGPOINT, INC..
Which agency awarded this contract?
Awarding agency: Department of Defense (Defense Contract Management Agency).
What is the total obligated amount?
The obligated amount is $126.2 million.
What is the period of performance?
Start: 2004-09-27. End: 2011-04-23.
What was the justification for awarding this contract on a sole-source basis, and was it adequately documented?
The provided data states the contract was 'NOT COMPETED'. A thorough review of the contract file would be necessary to determine the specific justification (e.g., urgent need, unique capability) and assess its adequacy. Without this justification, it's impossible to confirm if the sole-source award was appropriate and in the government's best interest.
How does the cost-plus-incentive pricing structure impact the overall value and risk for the government in this sole-source contract?
Cost-plus-incentive (CPI) contracts aim to incentivize contractor efficiency by sharing cost savings or overruns. However, in a sole-source scenario, the baseline cost is less scrutinized. This structure could still lead to higher overall costs if the initial cost estimates are inflated or if incentives are not structured effectively to drive true value.
What specific advanced technologies are being developed, and what is the expected return on investment for the DoD?
The data indicates the contract is for 'RDTE/SERVICES-ADV TECH DEV'. The specific nature of these advanced technologies and their projected return on investment are not detailed. Understanding the technological advancements and their strategic importance to the DoD is critical for evaluating the effectiveness and long-term value of this significant expenditure.
Industry Classification
NAICS: Information › Other Information Services › All Other Information Services
Product/Service Code: RESEARCH AND DEVELOPMENT › DEFENSE (OTHER) R&D
Competition & Pricing
Extent Competed: NOT COMPETED
Offers Received: 1
Pricing Type: COST PLUS INCENTIVE (V)
Contractor Details
Address: 1676 INTERNATIONAL DRIVE, MCLEAN, VA, 90
Business Categories: Category Business, Not Designated a Small Business
Contract Characteristics
Cost or Pricing Data: NO
Timeline
Start Date: 2004-09-27
Current End Date: 2011-04-23
Potential End Date: 2011-04-23 00:00:00
Last Modified: 2010-04-24
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