DoD Awards Boeing $17.8M for Logistics Support, Facing Potential Cost Overruns

Contract Overview

Contract Amount: $17,813,452 ($17.8M)

Contractor: THE Boeing Company

Awarding Agency: Department of Defense

Start Date: 2007-09-28

End Date: 2015-07-08

Contract Duration: 2,840 days

Daily Burn Rate: $6.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: COST PLUS AWARD FEE

Sector: Defense

Official Description: LOGISTICS SUPPORT

Place of Performance

Location: FORT WALTON BEACH, OKALOOSA County, FLORIDA, 32548

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $17.8 million to THE BOEING COMPANY for work described as: LOGISTICS SUPPORT Key points: 1. Significant contract value for specialized logistics support. 2. Sole provider Boeing dominates the aircraft manufacturing sector. 3. Risk of cost escalation due to Cost Plus Award Fee structure. 4. Defense sector spending on logistics is substantial and ongoing.

Value Assessment

Rating: questionable

The Cost Plus Award Fee (CPAF) contract type introduces inherent risk for cost overruns. Without clear benchmarks or detailed cost breakdowns, assessing value is difficult. The award amount of $17.8M is significant, but the final cost could be higher.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. However, the specific award mechanism (Delivery Order) and the nature of logistics support for complex aircraft may limit true price discovery over the contract's life.

Taxpayer Impact: While competition was intended, the CPAF structure and potential for cost growth mean taxpayers could face higher-than-anticipated expenses if not managed closely.

Public Impact

Ensures critical logistics support for Department of Defense aircraft. Supports a major defense contractor, impacting the aerospace industry. Potential for increased costs impacts taxpayer burden. Long contract duration raises questions about sustained value.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Cost Plus Award Fee structure
  • Long contract duration
  • Sole provider for specific support needs
  • Lack of detailed cost breakdown

Positive Signals

  • Awarded under full and open competition
  • Supports critical defense operations
  • Established contractor with proven capabilities

Sector Analysis

This contract falls within the Defense sector, specifically supporting aircraft logistics. Spending in this area is crucial for military readiness. Benchmarks for similar logistics contracts can vary widely based on aircraft type and service complexity.

Small Business Impact

The contract was awarded to The Boeing Company, a large prime contractor. There is no indication of small business participation in the provided data, suggesting limited opportunities for small businesses on this specific award.

Oversight & Accountability

The contract's Cost Plus Award Fee structure necessitates robust oversight to ensure cost control and performance. The Department of Defense, through its agencies like DCMA, is responsible for monitoring expenditures and contractor performance to safeguard taxpayer funds.

Related Government Programs

  • Aircraft Manufacturing
  • Department of Defense Contracting
  • Defense Contract Management Agency Programs

Risk Flags

  • Cost Plus Award Fee structure
  • Potential for cost overruns
  • Long contract duration (8 years)
  • Reliance on a single large contractor
  • Lack of detailed cost performance data

Tags

aircraft-manufacturing, department-of-defense, fl, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $17.8 million to THE BOEING COMPANY. LOGISTICS SUPPORT

Who is the contractor on this award?

The obligated recipient is THE BOEING 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 $17.8 million.

What is the period of performance?

Start: 2007-09-28. End: 2015-07-08.

What is the typical cost variance for CPAF contracts in aircraft logistics, and how does this contract compare?

CPAF contracts can see cost variances ranging from 5-15% above initial estimates, depending on complexity and oversight. Without specific cost performance data for this contract, a direct comparison is difficult. However, the potential for award fees to incentivize performance can sometimes mask underlying cost inefficiencies if not rigorously managed.

What are the primary risks associated with a long-duration logistics support contract for military aircraft?

Long-duration contracts risk price escalation due to inflation, technological obsolescence of support systems, and potential shifts in military requirements. Contractor performance can also degrade over time if incentives are not maintained. Furthermore, prolonged reliance on a single provider can reduce future competitive pressure.

How effectively does the CPAF structure ensure value for money in this specific logistics contract?

The CPAF structure aims to balance cost control with performance incentives. However, its effectiveness hinges on clear performance metrics and diligent oversight. If award criteria are too easily met or if costs are not scrutinized, it may not deliver optimal value. The potential for cost overruns suggests a need for strong management.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingAircraft Manufacturing

Product/Service Code: PHOTO, MAP, PRINT, PUBLICATIONPHOTOGR, MAPPING, PRINTING, PUBLISH

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 3

Pricing Type: COST PLUS AWARD FEE (R)

Evaluated Preference: NONE

Contractor Details

Address: 626 ANCHORS ST NW, FORT WALTON BEACH, FL, 32548

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $17,813,452

Exercised Options: $17,813,452

Current Obligation: $17,813,452

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: F3365798D0002

IDV Type: IDC

Timeline

Start Date: 2007-09-28

Current End Date: 2015-07-08

Potential End Date: 2015-07-08 00:00:00

Last Modified: 2017-06-21

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