DoD's $12.1M Parachute Contract Awarded to Complete Parachute Solutions Amidst Limited Competition

Contract Overview

Contract Amount: $30,184,799 ($30.2M)

Contractor: Complete Parachute Solutions, Inc.

Awarding Agency: Department of Defense

Start Date: 2005-09-15

End Date: 2008-10-30

Contract Duration: 1,141 days

Daily Burn Rate: $26.5K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: COMBINATION (TWO OR MORE)

Sector: Other

Official Description: 200512!463451!1700!N61331!COASTAL SYSTEMS STATION DAHLGREN!N6133105C0046 !A!N! !N! ! !20050915!20061215!121387166!121387166!121387166!N!COMPLETE PARACHUTE SOLUTIONS !1320 E INTERNATIONAL SPEE!DELAND !FL!32724!16525!127!12!DAYTONA BEACH !VOLUSIA !FLORIDA !+000020579916!N!N!000000000000!1670!PARACHUTES AND CARGO TIE DOWN EQUIPMENT !C9E!ALL OTHER SUPPLIES AND EQUIPMENT !000 !* !314999!E! !3! ! ! ! ! !20200930!B! ! !A! !D!N!J!1!001!N!1A!A!Y!A! ! !N!B!N!N! ! !A! !A!A!000!A!B!N! ! ! ! !1724!N61331!0001! !

Place of Performance

Location: DAYTONA BEACH, VOLUSIA County, FLORIDA, 32114

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $30.2 million to COMPLETE PARACHUTE SOLUTIONS, INC. for work described as: 200512!463451!1700!N61331!COASTAL SYSTEMS STATION DAHLGREN!N6133105C0046 !A!N! !N! ! !20050915!20061215!121387166!121387166!121387166!N!COMPLETE PARACHUTE SOLUTIONS !1320 E INTERNATIONAL SPEE!DELAND !FL!32724!16525!127!12!DAYTONA BEACH !VOLU… Key points: 1. The Department of Defense awarded a significant contract for parachutes and tie-down equipment. 2. Complete Parachute Solutions, Inc. secured the award, indicating potential market concentration. 3. The contract's 'Not Competed' status raises questions about price discovery and taxpayer value. 4. The sector involves specialized textile products, crucial for defense operations.

Value Assessment

Rating: questionable

The contract value of $12,138,716.60 for parachutes and tie-down equipment appears high given the limited competition and lack of detailed pricing information. Benchmarking against similar DoD contracts for parachute systems is difficult without more granular data.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was not competed, suggesting a sole-source or limited competition scenario. This lack of open bidding may have prevented the government from achieving the best possible price through a competitive process.

Taxpayer Impact: The absence of robust competition could lead to inflated prices, resulting in a less efficient use of taxpayer funds for essential defense equipment.

Public Impact

Ensures availability of critical parachute and tie-down equipment for military operations. Potential for higher costs to taxpayers due to limited competition. Highlights the importance of specialized manufacturing capabilities within the defense supply chain.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of competition
Potential for overpricing
Limited transparency in award process

Positive Signals

Ensures supply of critical equipment
Supports a specialized US manufacturer

Sector Analysis

This contract falls within the 'All Other Miscellaneous Textile Product Mills' sector, specifically for defense-related textile goods. Spending in this niche area is driven by military operational requirements and the need for specialized, durable equipment.

Small Business Impact

The awardee, Complete Parachute Solutions, Inc., is not identified as a small business in this data. The contract's limited competition may have excluded smaller, specialized firms from bidding.

Oversight & Accountability

The 'Not Competed' designation warrants further oversight to ensure the justification for limited competition was sound and that the pricing is reasonable. Accountability for procurement decisions in non-competitive awards is crucial.

Related Government Programs

All Other Miscellaneous Textile Product Mills
Department of Defense Contracting
Department of the Navy Programs

Risk Flags

Lack of competitive bidding
Potential for inflated pricing
Limited transparency in award justification
Absence of small business participation noted

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $30.2 million to COMPLETE PARACHUTE SOLUTIONS, INC.. 200512!463451!1700!N61331!COASTAL SYSTEMS STATION DAHLGREN!N6133105C0046 !A!N! !N! ! !20050915!20061215!121387166!121387166!121387166!N!COMPLETE PARACHUTE SOLUTIONS !1320 E INTERNATIONAL SPEE!DELAND !FL!32724!16525!127!12!DAYTONA BEACH !VOLUSIA !FLORIDA !+000020579916!N!N!000000000000!1670!PARACHUTES AND CARGO TIE DOWN EQUIPMENT !C9E!ALL OTHER SUPPLIES AND EQUIPMENT !000 !* !314999!E! !3! ! ! ! ! !202

Who is the contractor on this award?

The obligated recipient is COMPLETE PARACHUTE SOLUTIONS, 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 $30.2 million.

What is the period of performance?

Start: 2005-09-15. End: 2008-10-30.

What was the specific justification for not competing this contract, and were alternative sources considered?

The justification for not competing this contract is not detailed in the provided data. Typically, non-competitive awards are made when only one source can fulfill the requirement, or in urgent situations. A thorough review would be needed to confirm the validity of the justification and explore if any other qualified vendors could have been considered, even under a limited competition.

How does the unit cost of these parachutes compare to industry benchmarks or previous procurements?

Without specific unit cost breakdowns or access to comparable contract data, it is impossible to benchmark the unit cost effectively. The total award value of $12.1M for 1,141 days of performance suggests a significant per-unit cost, which warrants scrutiny, especially given the lack of competitive pricing pressure.

What is the long-term strategic value of awarding this contract to a single provider without competition?

The long-term strategic value is questionable if it leads to a lack of innovation and potential price increases due to a lack of market pressure. While ensuring supply is critical, relying on a single, non-competed source could create future vulnerabilities if that provider faces issues or if market conditions change, potentially impacting national security readiness.

Industry Classification

NAICS: Manufacturing › Other Textile Product Mills › All Other Miscellaneous Textile Product Mills

Product/Service Code: AEROSPACE CRAFT COMPONENTS AND ACCESSORIES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: COMBINATION (TWO OR MORE) (2)

Evaluated Preference: NONE

Contractor Details

Address: 1320 E INTERNATIONAL SPEE, DELAND, FL, 06

Business Categories: Category Business, Small Business

Contract Characteristics

Cost or Pricing Data: NO

Timeline