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
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: Manufacturing › Semiconductor and Other Electronic Component Manufacturing › Other 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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