DoD Awards $125M for Aircraft Parts to Bell Textron Inc. Under Period of Performance 3

Contract Overview

Contract Amount: $125,289,010 ($125.3M)

Contractor: Bell Textron Inc

Awarding Agency: Department of Defense

Start Date: 2022-01-01

End Date: 2022-12-31

Contract Duration: 364 days

Daily Burn Rate: $344.2K/day

Competition Type: NOT COMPETED

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: H1 PBL - PERIOD OF PERFORMANCE 3

Place of Performance

Location: RICHLAND HILLS, TARRANT County, TEXAS, 76118

State: Texas Government Spending

Plain-Language Summary

Department of Defense obligated $125.3 million to BELL TEXTRON INC for work described as: H1 PBL - PERIOD OF PERFORMANCE 3 Key points: 1. Significant contract value of $125.3 million awarded. 2. Sole-source award to Bell Textron Inc. raises competition concerns. 3. Focus on 'Other Aircraft Parts' manufacturing suggests specialized needs. 4. Contract duration of 364 days indicates a short-term requirement.

Value Assessment

Rating: questionable

The contract value of $125.3 million is substantial. Without competitive bidding, it's difficult to assess if this price represents fair market value compared to similar aircraft parts contracts.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award to Bell Textron Inc. This lack of competition limits price discovery and potentially leads to higher costs for taxpayers.

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

Public Impact

Taxpayers may be overpaying due to the lack of competitive bidding. Dependence on a single supplier could create future supply chain risks. The specific nature of 'Other Aircraft Parts' might limit alternative sourcing options.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Sole-source award
Lack of competition
Potential for overpayment

Positive Signals

Award to established manufacturer
Clear period of performance

Sector Analysis

This contract falls within the 'Other Aircraft Parts and Auxiliary Equipment Manufacturing' sector. Spending in this sector is often driven by defense needs and can be subject to high R&D costs and specialized manufacturing requirements.

Small Business Impact

The contract was awarded to Bell Textron Inc., a large business. There is no indication that small businesses were involved in this specific award, either as prime contractors or subcontractors.

Oversight & Accountability

The sole-source nature of this award warrants scrutiny from oversight bodies to ensure the government received the best possible value and that the justification for not competing was sound.

Related Government Programs

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

Risk Flags

Sole-source award
Lack of competition
Potential for price inflation
Limited transparency in pricing
No small business participation evident

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $125.3 million to BELL TEXTRON INC. H1 PBL - PERIOD OF PERFORMANCE 3

Who is the contractor on this award?

The obligated recipient is BELL TEXTRON INC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $125.3 million.

What is the period of performance?

Start: 2022-01-01. End: 2022-12-31.

What was 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 urgent needs that only a specific contractor can meet. Without further documentation, it's impossible to confirm the validity of the justification for this $125.3 million contract.

What is the risk associated with a sole-source contract for aircraft parts?

Sole-source contracts carry a significant risk of inflated pricing due to the absence of competitive pressure. There's also a risk of vendor lock-in, where the government becomes dependent on a single supplier, potentially leading to supply chain vulnerabilities and reduced negotiation leverage in the future.

How does this contract contribute to the overall effectiveness of the Department of the Navy's operations?

The effectiveness of this contract hinges on the critical nature of the 'Other Aircraft Parts' supplied by Bell Textron Inc. If these parts are essential for maintaining operational readiness of key aircraft platforms, then the contract contributes positively. However, the lack of competition raises questions about the cost-effectiveness of this contribution.

Industry Classification

NAICS: Manufacturing › Aerospace Product and Parts Manufacturing › Other Aircraft Parts and Auxiliary Equipment Manufacturing

Product/Service Code: AEROSPACE CRAFT COMPONENTS AND ACCESSORIES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Textron Inc

Address: 3255 BELL FLIGHT BLVD, FORT WORTH, TX, 76118

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

Financial Breakdown

Contract Ceiling: $125,289,010

Exercised Options: $125,289,010

Current Obligation: $125,289,010

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: N0038320DW201

IDV Type: IDC

Timeline