DoD awards $22.7M for T700-GE-401C Engines, with no competition, impacting price discovery

Contract Overview

Contract Amount: $22,755,650 ($22.8M)

Contractor: General Electric Company

Awarding Agency: Department of Defense

Start Date: 2023-09-13

End Date: 2028-12-31

Contract Duration: 1,936 days

Daily Burn Rate: $11.8K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: ENGINE / T700-GE-401C

Place of Performance

Location: LYNN, ESSEX County, MASSACHUSETTS, 01905

State: Massachusetts Government Spending

Plain-Language Summary

Department of Defense obligated $22.8 million to GENERAL ELECTRIC COMPANY for work described as: ENGINE / T700-GE-401C Key points: 1. High contract value for specialized aircraft engines. 2. Sole-source award limits competitive pricing pressure. 3. Long-term contract (2023-2028) suggests critical need. 4. No small business participation noted.

Value Assessment

Rating: questionable

Pricing is not benchmarked due to lack of competitive data. The firm fixed price contract aims to control costs, but without competition, it's difficult to assess if the price is optimal.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

The contract is sole-source, meaning only one vendor, General Electric Company, was considered. This significantly limits price discovery and competitive negotiation, potentially leading to higher costs for taxpayers.

Taxpayer Impact: The lack of competition may result in higher prices than if multiple vendors were involved, impacting taxpayer funds.

Public Impact

Ensures continued availability of critical aircraft engine components for military operations. Potential for increased costs due to sole-source nature, affecting defense budget allocation. Lack of transparency in pricing due to limited competition.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Lack of competition
  • No small business participation

Positive Signals

  • Firm fixed price contract
  • Long contract duration ensures supply

Sector Analysis

This contract falls within the Aircraft Engine and Engine Parts Manufacturing sector. Spending in this specialized area is often dominated by a few key manufacturers due to high barriers to entry and proprietary technology.

Small Business Impact

There is no indication of small business participation in this contract. The specialized nature of aircraft engines and the sole-source award likely exclude smaller businesses.

Oversight & Accountability

The Defense Contract Management Agency is responsible for oversight. The sole-source nature warrants close scrutiny to ensure fair pricing and performance, despite the lack of competition.

Related Government Programs

  • Aircraft Engine and Engine Parts Manufacturing
  • Department of Defense Contracting
  • Defense Contract Management Agency Programs

Risk Flags

  • Sole-source award limits competition.
  • Potential for inflated pricing due to lack of bidders.
  • No small business involvement.
  • Long-term commitment without competitive validation.

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 $22.8 million to GENERAL ELECTRIC COMPANY. ENGINE / T700-GE-401C

Who is the contractor on this award?

The obligated recipient is GENERAL ELECTRIC COMPANY.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Contract Management Agency).

What is the total obligated amount?

The obligated amount is $22.8 million.

What is the period of performance?

Start: 2023-09-13. End: 2028-12-31.

What is the justification for the sole-source award, and has an alternatives analysis been performed?

The justification for a sole-source award is typically based on factors like unique capabilities, proprietary technology, or lack of viable alternatives. An alternatives analysis would assess if other sources could meet the requirement. Without this information, it's difficult to fully evaluate the necessity of a sole-source approach and its potential cost implications.

How does the firm fixed price compare to historical pricing for this engine model?

While a firm fixed price contract aims to stabilize costs, comparing it to historical data is crucial for assessing value. Without access to historical pricing or benchmarks for similar sole-source contracts, it's challenging to determine if the current price reflects fair market value or if it has escalated due to the lack of competitive pressure.

What is the long-term strategy for ensuring competitive sourcing for future engine needs?

Given the sole-source nature of this award, a forward-looking strategy is essential. The DoD should explore options for fostering competition in the future, such as encouraging new entrants, investing in alternative technologies, or breaking down requirements into smaller, more accessible contracts for a wider range of suppliers.

Industry Classification

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

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENTMAINT, REPAIR, REBUILD OF EQUIPMENT

Competition & Pricing

Extent Competed: NOT AVAILABLE FOR COMPETITION

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: N0042120R0132

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, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $22,755,650

Exercised Options: $22,755,650

Current Obligation: $22,755,650

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: N0042120D0115

IDV Type: IDC

Timeline

Start Date: 2023-09-13

Current End Date: 2028-12-31

Potential End Date: 2028-12-31 00:00:00

Last Modified: 2025-08-18

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