DoD's Navy Awards $11.8M Engineering Services Contract to Naval Systems, Inc. for Cost Estimating Support

Contract Overview

Contract Amount: $11,820,843 ($11.8M)

Contractor: Naval Systems, Inc.

Awarding Agency: Department of Defense

Start Date: 2024-01-25

End Date: 2026-06-19

Contract Duration: 876 days

Daily Burn Rate: $13.5K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: COST PLUS FIXED FEE

Sector: Other

Official Description: COST ESTIMATING/ANALYSIS SUPPORT FOR THE COST AND SCHEDULE ANALYSIS DEPARTMENT (C&SA)

Place of Performance

Location: PATUXENT RIVER, SAINT MARYS County, MARYLAND, 20670

State: Maryland Government Spending

Plain-Language Summary

Department of Defense obligated $11.8 million to NAVAL SYSTEMS, INC. for work described as: COST ESTIMATING/ANALYSIS SUPPORT FOR THE COST AND SCHEDULE ANALYSIS DEPARTMENT (C&SA) Key points: 1. Contract awarded to Naval Systems, Inc. for $11.8M. 2. Services are for cost estimating and analysis support. 3. Competition method was full and open. 4. Contract duration is approximately 2 years.

Value Assessment

Rating: good

The contract value of $11.8M appears reasonable for specialized engineering services over a two-year period. Benchmarking against similar cost estimating contracts would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a robust price discovery process. This method typically leads to more competitive pricing.

Taxpayer Impact: The use of full and open competition is expected to yield fair pricing, maximizing taxpayer value for the engineering services procured.

Public Impact

Supports critical cost and schedule analysis for the Department of the Navy. Ensures accurate financial planning and resource allocation for naval systems. Enhances the Department of Defense's ability to manage complex projects effectively.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for cost overruns if fixed fee is not carefully managed.
  • Reliance on a single contractor for critical analysis.

Positive Signals

  • Full and open competition promotes competitive pricing.
  • Clear scope of work for cost estimating support.

Sector Analysis

This contract falls within the Engineering Services sector, which is crucial for government acquisition and program management. Spending in this area supports the development and oversight of complex defense systems.

Small Business Impact

The data does not indicate any specific provisions or set-asides for small businesses in this contract award. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

The contract is managed by the Department of the Navy's Cost and Schedule Analysis Department, implying internal oversight. The award process under full and open competition suggests adherence to procurement regulations.

Related Government Programs

  • Engineering Services
  • Department of Defense Contracting
  • Department of the Navy Programs

Risk Flags

  • Potential for scope creep impacting cost and schedule.
  • Contractor's ability to meet evolving analytical needs.
  • Adequacy of oversight for a Cost Plus Fixed Fee contract.
  • Dependency on contractor's proprietary estimating tools or methodologies.

Tags

engineering-services, department-of-defense, md, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $11.8 million to NAVAL SYSTEMS, INC.. COST ESTIMATING/ANALYSIS SUPPORT FOR THE COST AND SCHEDULE ANALYSIS DEPARTMENT (C&SA)

Who is the contractor on this award?

The obligated recipient is NAVAL SYSTEMS, 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 $11.8 million.

What is the period of performance?

Start: 2024-01-25. End: 2026-06-19.

What is the historical performance of Naval Systems, Inc. in providing cost estimating services to the DoD?

Information on Naval Systems, Inc.'s historical performance is not provided in the data. A review of past contract performance, client feedback, and any past performance evaluations would be necessary to assess their reliability and effectiveness in delivering cost estimating services. This would help determine if they have a proven track record with the DoD or similar agencies.

How does the fixed fee structure compare to industry standards for similar engineering support contracts?

The contract type is Cost Plus Fixed Fee (CPFF). To assess its fairness, the fixed fee amount needs to be benchmarked against the total estimated cost and compared to typical fixed fee percentages in the engineering services sector for contracts of similar scope and complexity. Without this benchmark, it's difficult to determine if the fee is competitive or excessive.

What mechanisms are in place to ensure the quality and accuracy of the cost estimates provided by the contractor?

The Department of the Navy's Cost and Schedule Analysis Department is responsible for overseeing this contract. They likely have quality assurance surveillance plans (QASPs) and technical representatives to monitor the contractor's work. Regular reviews, audits of the contractor's estimating methodologies, and performance metrics would be essential to ensure the accuracy and reliability of the cost estimates.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesArchitectural, Engineering, and Related ServicesEngineering Services

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: N0042123R3001

Offers Received: 3

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 21491 GREAT MILLS RD STE 100, LEXINGTON PARK, MD, 20653

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

Financial Breakdown

Contract Ceiling: $29,599,201

Exercised Options: $12,419,959

Current Obligation: $11,820,843

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N0017819D8163

IDV Type: IDC

Timeline

Start Date: 2024-01-25

Current End Date: 2026-06-19

Potential End Date: 2029-12-19 00:00:00

Last Modified: 2026-01-12

More Contracts from Naval Systems, Inc.

View all Naval Systems, Inc. federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending