DoD's $55M F414 Engine Parts Contract Awarded to General Electric Company

Contract Overview

Contract Amount: $55,059,293 ($55.1M)

Contractor: General Electric Company

Awarding Agency: Department of Defense

Start Date: 2018-06-21

End Date: 2018-09-30

Contract Duration: 101 days

Daily Burn Rate: $545.1K/day

Competition Type: NOT COMPETED

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: F414 DCS PBL

Place of Performance

Location: LYNN, ESSEX County, MASSACHUSETTS, 01905

State: Massachusetts Government Spending

Plain-Language Summary

Department of Defense obligated $55.1 million to GENERAL ELECTRIC COMPANY for work described as: F414 DCS PBL Key points: 1. Significant spending on critical aircraft engine components. 2. Sole-source award to General Electric Company raises competition concerns. 3. Potential for higher costs due to lack of competitive bidding. 4. Focus on manufacturing of aircraft engines and parts.

Value Assessment

Rating: questionable

The contract value of $55.1M for 101 days of performance is substantial. Without competitive data, it's difficult to assess if this price is reasonable compared to similar engine part procurements.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award to General Electric Company. This limits price discovery and potentially leads to less favorable pricing for the government.

Taxpayer Impact: The lack of competition may result in taxpayers paying a premium for these essential aircraft engine parts.

Public Impact

Ensures continued availability of critical engine parts for naval aircraft. Supports a major defense contractor and its supply chain. Highlights reliance on specific manufacturers for specialized defense equipment.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Lack of competition
  • Potential for overpricing

Positive Signals

  • Essential for aircraft readiness
  • Supports critical defense capabilities

Sector Analysis

This contract falls within the Aircraft Engine and Engine Parts Manufacturing sector. Spending in this area is crucial for maintaining military aviation readiness, but often involves high-value, specialized components where competition can be limited.

Small Business Impact

The data indicates this contract was not awarded to small businesses, as both 'ss' and 'sb' are false. This procurement did not provide opportunities for small business participation.

Oversight & Accountability

The sole-source nature of this award warrants scrutiny to ensure fair pricing and prevent potential waste. Further review of the justification for not competing the award is recommended.

Related Government Programs

  • Aircraft Engine and Engine Parts Manufacturing
  • Department of Defense Contracting
  • Department of the Navy Programs

Risk Flags

  • Sole-source award limits competition.
  • Potential for inflated pricing.
  • Lack of transparency in price justification.
  • Reliance on a single supplier.

Tags

aircraft-engine-and-engine-parts-manufac, department-of-defense, ma, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $55.1 million to GENERAL ELECTRIC COMPANY. F414 DCS PBL

Who is the contractor on this award?

The obligated recipient is GENERAL ELECTRIC COMPANY.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $55.1 million.

What is the period of performance?

Start: 2018-06-21. End: 2018-09-30.

What is the justification for awarding this contract on a sole-source basis?

The justification for a sole-source award typically involves unique capabilities, proprietary technology, or the absence of adequate competition within the required timeframe. Understanding the specific reasons behind this decision is crucial for assessing whether alternative solutions were explored and if the government received the best possible value under the circumstances.

What is the long-term strategy for ensuring competitive pricing for F414 engine parts?

The long-term strategy should focus on fostering competition where feasible, potentially through encouraging new entrants, developing alternative part sources, or negotiating longer-term agreements with built-in price reduction mechanisms. Proactive market research and engagement with potential suppliers are key to mitigating the risks associated with sole-source procurements.

How does this contract's pricing compare to industry benchmarks for similar engine components?

Without access to specific cost breakdowns or comparable contract data, a precise benchmark comparison is challenging. However, sole-source awards inherently carry a higher risk of non-competitive pricing. The Department of Defense should conduct thorough price analyses, potentially using historical data or independent cost estimates, to validate the reasonableness of the awarded price.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingAircraft Engine and Engine Parts Manufacturing

Product/Service Code: ENGINES AND TURBINES AND COMPONENT

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1000 WESTERN AVE, LYNN, MA, 01905

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $55,059,293

Exercised Options: $55,059,293

Current Obligation: $55,059,293

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: N0038317DBG01

IDV Type: IDC

Timeline

Start Date: 2018-06-21

Current End Date: 2018-09-30

Potential End Date: 2018-09-30 00:00:00

Last Modified: 2018-11-20

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