DoD awards Boeing $53.4M for ECP Inlets Kits, raising concerns over sole-source procurement

Contract Overview

Contract Amount: $53,454,854 ($53.5M)

Contractor: THE Boeing Company

Awarding Agency: Department of Defense

Start Date: 2021-04-30

End Date: 2028-08-31

Contract Duration: 2,680 days

Daily Burn Rate: $19.9K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: ECP INLETS KITS

Place of Performance

Location: SAINT LOUIS, SAINT LOUIS County, MISSOURI, 63134

State: Missouri Government Spending

Plain-Language Summary

Department of Defense obligated $53.5 million to THE BOEING COMPANY for work described as: ECP INLETS KITS Key points: 1. Significant award to a single large defense contractor. 2. Lack of competition may lead to inflated costs. 3. Long contract duration (2021-2028) warrants close monitoring. 4. Potential for cost overruns due to fixed-price contract type.

Value Assessment

Rating: questionable

The $53.45 million award for ECP Inlets Kits to Boeing is a substantial sum. Without competitive bidding, it's difficult to assess if this price is optimal compared to potential market alternatives or previous contracts for similar components.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award to The Boeing Company. This limits price discovery and potentially increases costs for taxpayers as there was no opportunity for other vendors to offer competitive pricing.

Taxpayer Impact: The lack of competition in this sole-source award means taxpayers may be paying a premium for these ECP Inlets Kits, as there was no market pressure to drive down costs.

Public Impact

Taxpayers may be overpaying for critical aircraft components due to the absence of competitive bidding. The long contract duration could lock the government into a potentially suboptimal price for an extended period. Dependence on a single supplier for essential parts can create supply chain vulnerabilities.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source procurement
  • Lack of competition
  • Long contract duration
  • Potential for cost overruns

Positive Signals

  • Award to established prime contractor
  • Firm fixed price contract

Sector Analysis

The Department of the Navy's award falls within the Aircraft Engine and Engine Parts Manufacturing sector. Spending in this sector is often characterized by high R&D costs, specialized manufacturing, and a limited number of qualified suppliers, which can sometimes necessitate sole-source contracts.

Small Business Impact

This contract was awarded directly to The Boeing Company, a large prime contractor. There is no indication of subcontracting opportunities for small businesses within the provided data, suggesting limited direct impact on the small business sector for this specific award.

Oversight & Accountability

The sole-source nature of this award warrants increased oversight to ensure fair pricing and prevent potential waste, fraud, or abuse. Robust auditing and performance monitoring will be crucial throughout the contract's lifecycle.

Related Government Programs

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

Risk Flags

  • Sole-source award lacks competitive pricing.
  • Long contract duration increases risk of price escalation.
  • No clear small business participation noted.
  • Potential for contractor complacency without competition.
  • Dependence on a single supplier for critical parts.

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $53.5 million to THE BOEING COMPANY. ECP INLETS KITS

Who is the contractor on this award?

The obligated recipient is THE BOEING 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 $53.5 million.

What is the period of performance?

Start: 2021-04-30. End: 2028-08-31.

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

The justification for a sole-source award typically involves unique capabilities, proprietary technology, or the absence of adequate competition. The Department of Defense should have conducted a thorough price analysis, potentially using historical data, cost breakdowns, or independent government cost estimates, to validate the fairness and reasonableness of the price paid to The Boeing Company.

What are the potential risks associated with a sole-source contract for aircraft engine parts, especially given the long duration?

Sole-source contracts for critical aircraft parts carry risks such as inflated pricing due to lack of competition, potential for complacency from the contractor, and supply chain vulnerability if the sole supplier faces disruptions. The long duration (2021-2028) exacerbates these risks, potentially locking the government into unfavorable terms and limiting flexibility to adapt to market changes or technological advancements.

How does the firm fixed price contract type impact the government's risk and the contractor's incentive for cost control on this award?

A firm fixed price (FFP) contract shifts the cost risk primarily to the contractor, incentivizing them to control costs to maximize profit. However, in a sole-source scenario, the contractor may have less pressure to achieve the lowest possible cost. The government's risk is primarily related to paying a potentially inflated price if the baseline price was not adequately negotiated or benchmarked.

Industry Classification

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

Product/Service Code: AEROSPACE CRAFT COMPONENTS AND ACCESSORIES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 6200 JAMES S MCDONNELL BLVD, SAINT LOUIS, MO, 63134

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: $53,454,854

Exercised Options: $53,454,854

Current Obligation: $53,454,854

Subaward Activity

Number of Subawards: 14

Total Subaward Amount: $2,415,348

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N0001921G0006

IDV Type: BOA

Timeline

Start Date: 2021-04-30

Current End Date: 2028-08-31

Potential End Date: 2028-08-31 00:00:00

Last Modified: 2024-12-19

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