DoD Navy awards $8.2M contract for electronic components to Laurel Technologies Partnership

Contract Overview

Contract Amount: $8,206,901 ($8.2M)

Contractor: Laurel Technologies Partnership

Awarding Agency: Department of Defense

Start Date: 2021-07-16

End Date: 2027-07-15

Contract Duration: 2,190 days

Daily Burn Rate: $3.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: IT

Official Description: ENGINEERING AND TECHNICAL SERVICES AND SUPPLIES

Place of Performance

Location: JOHNSTOWN, CAMBRIA County, PENNSYLVANIA, 15904

State: Pennsylvania Government Spending

Plain-Language Summary

Department of Defense obligated $8.2 million to LAUREL TECHNOLOGIES PARTNERSHIP for work described as: ENGINEERING AND TECHNICAL SERVICES AND SUPPLIES Key points: 1. Contract awarded to Laurel Technologies Partnership for electronic components. 2. The contract falls under the Other Electronic Component Manufacturing NAICS code. 3. Full and open competition was utilized for this award. 4. The contract duration is 2190 days, ending in July 2027.

Value Assessment

Rating: fair

The contract type is Cost Plus Fixed Fee, which can lead to higher costs if not managed carefully. The awarded amount of $8.2M over five years suggests a moderate spending level for the specified services.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a competitive bidding process. This method generally promotes price discovery and potentially better pricing for the government.

Taxpayer Impact: The use of full and open competition is positive for taxpayers, as it aims to secure the best value through market forces.

Public Impact

Ensures supply of critical electronic components for naval operations. Supports a specific manufacturer in the defense supply chain. Potential for long-term technological advancements through this partnership.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Cost Plus Fixed Fee contract type may incentivize higher costs.
  • Long contract duration could lead to price escalation risks.
  • No explicit mention of small business participation.

Positive Signals

  • Awarded under full and open competition.
  • Supports a specific technological capability for the Navy.

Sector Analysis

This contract falls within the broader electronics manufacturing sector, specifically for components used in defense applications. Benchmarks for similar contracts would depend on the specific components and quantities required.

Small Business Impact

The data indicates that small business participation was not a factor in this specific award (ss: false, sb: false). Further analysis would be needed to understand the overall impact on small businesses within this procurement category.

Oversight & Accountability

The Department of the Navy is responsible for oversight. The contract's duration and cost-plus nature warrant diligent monitoring to ensure cost control and performance.

Related Government Programs

  • Other Electronic Component Manufacturing
  • Department of Defense Contracting
  • Department of the Navy Programs

Risk Flags

  • Potential for cost overruns due to Cost Plus Fixed Fee structure.
  • Risk of price escalation over the long contract duration.
  • Lack of transparency on specific components and unit pricing.
  • No indication of small business subcontracting goals.

Tags

other-electronic-component-manufacturing, department-of-defense, pa, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $8.2 million to LAUREL TECHNOLOGIES PARTNERSHIP. ENGINEERING AND TECHNICAL SERVICES AND SUPPLIES

Who is the contractor on this award?

The obligated recipient is LAUREL TECHNOLOGIES PARTNERSHIP.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $8.2 million.

What is the period of performance?

Start: 2021-07-16. End: 2027-07-15.

What specific electronic components are being procured, and how do their unit costs compare to market rates?

The specific electronic components are not detailed in the provided data. A thorough analysis would require itemized lists and comparison against industry benchmarks for similar components. Without this, it's difficult to definitively assess value for money beyond the overall contract amount.

What are the key performance indicators (KPIs) for this contract, and how is Laurel Technologies Partnership's performance being measured?

Key performance indicators and specific performance measurement details are not provided. Effective oversight would necessitate clearly defined KPIs related to quality, delivery, and technical performance, with regular reviews to ensure the contractor meets contractual obligations.

How does the fixed fee component of this Cost Plus Fixed Fee contract compare to industry standards for similar services?

The fixed fee percentage is not specified. To assess its reasonableness, it would need to be compared against typical fixed fee percentages for Cost Plus Fixed Fee contracts in the defense electronics sector, considering the complexity and risk involved.

Industry Classification

NAICS: ManufacturingSemiconductor and Other Electronic Component ManufacturingOther Electronic Component Manufacturing

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: N6339419R0003

Offers Received: 1

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Parent Company: Leonardo SPA

Address: 246 AIRPORT RD, JOHNSTOWN, PA, 15904

Business Categories: Category Business, Manufacturer of Goods, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $15,321,780

Exercised Options: $12,117,550

Current Obligation: $8,206,901

Subaward Activity

Number of Subawards: 1

Total Subaward Amount: $75,000

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N6339420D0005

IDV Type: IDC

Timeline

Start Date: 2021-07-16

Current End Date: 2027-07-15

Potential End Date: 2027-07-15 00:00:00

Last Modified: 2026-01-05

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