DoD Awards $273M Contract for Missile and Space Systems R&D to Assurance Technology Corp

Contract Overview

Contract Amount: $273,281,540 ($273.3M)

Contractor: Assurance Technology Corp

Awarding Agency: Department of Defense

Start Date: 2005-06-28

End Date: 2014-10-31

Contract Duration: 3,412 days

Daily Burn Rate: $80.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 4

Pricing Type: COST PLUS FIXED FEE

Sector: R&D

Official Description: 200509!003713!1700!N00173!NAVAL RESEARCH LABORATORY !N0017305C2049 !A!N! !N! ! !20050628!20060619!069338820!069338820!069338820!N!ASSURANCE TECHNOLOGY CORP !84 SOUTH ST !CARLISLE !MA!01741!50000!001!11!WASHINGTON !DISTRICT OF COLUMBIA !D.C. !+000000030000!N!N!000117348188!AJ43!RDTE/ENGINEERING SCIENCES - ADV TECH DEV !A2 !MISSILE AND SPACE SYSTEMS !000 !* !541710!E! !3! ! ! ! ! !20200930!B! ! !A! !A!N!U!2!004!B! !Z!N!Z! ! !N!B!N!N! ! !Z! !A!A!000!A!B!N! ! ! ! !1700!N00173!0001! !

Place of Performance

Location: CARLISLE, MIDDLESEX County, MASSACHUSETTS, 01741

State: Massachusetts Government Spending

Plain-Language Summary

Department of Defense obligated $273.3 million to ASSURANCE TECHNOLOGY CORP for work described as: 200509!003713!1700!N00173!NAVAL RESEARCH LABORATORY !N0017305C2049 !A!N! !N! ! !20050628!20060619!069338820!069338820!069338820!N!ASSURANCE TECHNOLOGY CORP !84 SOUTH ST !CARLISLE !MA!01741!50000!001!11!WASHINGTON !DIST… Key points: 1. Significant investment in advanced missile and space systems R&D. 2. Competition was full and open, suggesting a competitive bidding process. 3. Contract type is Cost Plus Fixed Fee, which can pose cost control risks. 4. Sector focus on R&D aligns with national defense priorities.

Value Assessment

Rating: fair

The contract value of $273M is substantial. Benchmarking against similar R&D contracts in missile and space systems is necessary to assess pricing fairness, especially given the Cost Plus Fixed Fee structure.

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: Taxpayer funds are being used for advanced defense research, aiming for technological superiority. The effectiveness of the R&D will determine the ultimate value for taxpayers.

Public Impact

Enhances national security through advanced missile and space technology development. Supports innovation in critical defense research areas. Potential for technological advancements with broad defense applications.

Waste & Efficiency Indicators

Waste Risk Score: 80 / 10

Warning Flags

  • Cost Plus Fixed Fee contract type can lead to cost overruns.
  • Long contract duration (over 9 years) increases risk exposure.
  • Specific details on performance metrics and deliverables are not provided.

Positive Signals

  • Awarded under full and open competition.
  • Focus on critical R&D for national defense.
  • Contractor has experience in relevant technology areas.

Sector Analysis

This contract falls within the Research and Development sector, specifically focusing on advanced technology development for missile and space systems. Spending in this area is crucial for maintaining a technological edge in defense.

Small Business Impact

No specific information is provided regarding small business participation in this contract. Further analysis would be needed to determine if small businesses were involved as subcontractors or prime contractors.

Oversight & Accountability

The contract's long duration and Cost Plus Fixed Fee structure warrant close oversight to ensure cost control and effective execution of research objectives. Regular performance reviews are essential.

Related Government Programs

  • Research and Development in the Physical, Engineering, and Life Sciences
  • Department of Defense Contracting
  • Department of the Navy Programs

Risk Flags

  • Cost Plus Fixed Fee contract type.
  • Long contract duration (over 9 years).
  • Lack of specific performance metrics in summary data.
  • Potential for scope creep in R&D projects.

Tags

research-and-development-in-the-physical, department-of-defense, ma, definitive-contract, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $273.3 million to ASSURANCE TECHNOLOGY CORP. 200509!003713!1700!N00173!NAVAL RESEARCH LABORATORY !N0017305C2049 !A!N! !N! ! !20050628!20060619!069338820!069338820!069338820!N!ASSURANCE TECHNOLOGY CORP !84 SOUTH ST !CARLISLE !MA!01741!50000!001!11!WASHINGTON !DISTRICT OF COLUMBIA !D.C. !+000000030000!N!N!000117348188!AJ43!RDTE/ENGINEERING SCIENCES - ADV TECH DEV !A2 !MISSILE AND SPACE SYSTEMS !000 !* !541710!E! !3! ! ! ! ! !202

Who is the contractor on this award?

The obligated recipient is ASSURANCE TECHNOLOGY CORP.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $273.3 million.

What is the period of performance?

Start: 2005-06-28. End: 2014-10-31.

What are the specific performance metrics and deliverables tied to this $273M R&D contract, and how will their achievement be measured to ensure value for money?

The provided data does not detail specific performance metrics or deliverables. A thorough review of the contract's statement of work and performance work statement is required to assess how the achievement of R&D objectives will be measured. This is crucial for ensuring that the significant taxpayer investment translates into tangible technological advancements and national security benefits.

Given the Cost Plus Fixed Fee structure and the long duration, what mechanisms are in place to mitigate the risk of cost overruns and ensure efficient use of funds?

The Cost Plus Fixed Fee (CPFF) structure, while allowing for flexibility in R&D, inherently carries a risk of cost escalation. Mitigation strategies typically involve stringent oversight, regular audits, detailed cost reporting requirements, and clearly defined fee structures tied to milestones. The long duration necessitates continuous monitoring and potential contract modifications to adapt to evolving research needs and cost realities.

How does the R&D conducted under this contract align with current and future Department of Defense strategic priorities for missile and space systems, and what is the expected return on investment?

The contract's focus on 'MISSILE AND SPACE SYSTEMS' and 'ADVANCED TECH DEV' suggests alignment with strategic priorities for maintaining technological superiority. The return on investment is expected to be in the form of advanced capabilities that enhance national security. However, quantifying this ROI is challenging in R&D and depends on the successful development and deployment of resulting technologies.

Industry Classification

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

Product/Service Code: RESEARCH AND DEVELOPMENTGeneral Science and Technology R&D Services

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 4

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 84 SOUTH ST, CARLISLE, MA, 01741

Business Categories: Category Business, Small Business

Financial Breakdown

Contract Ceiling: $273,339,699

Exercised Options: $273,339,699

Current Obligation: $273,281,540

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2005-06-28

Current End Date: 2014-10-31

Potential End Date: 2014-10-31 00:00:00

Last Modified: 2017-08-29

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