DoD awards $16.6M for Engineering Services to Lockheed Martin, a non-competed contract

Contract Overview

Contract Amount: $16,641,932 ($16.6M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2008-02-15

End Date: 2012-03-31

Contract Duration: 1,506 days

Daily Burn Rate: $11.1K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: TIME AND MATERIALS

Sector: Defense

Official Description: M5/M5+ MINOR TAPE OFP

Place of Performance

Location: FORT WORTH, TARRANT County, TEXAS, 76108

State: Texas Government Spending

Plain-Language Summary

Department of Defense obligated $16.6 million to LOCKHEED MARTIN CORPORATION for work described as: M5/M5+ MINOR TAPE OFP Key points: 1. Significant contract value of $16.6 million. 2. Sole-source award to Lockheed Martin suggests limited competition. 3. Potential risk associated with non-competed, time-and-materials contract. 4. Engineering Services sector, NAICS 541330, often involves complex technical requirements.

Value Assessment

Rating: questionable

The contract is a time-and-materials type, which can lead to cost overruns if not managed closely. Without a competitive benchmark, assessing the pricing fairness against similar contracts is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award. This limits price discovery and potentially leads to higher costs for the government compared to a competitive process.

Taxpayer Impact: The lack of competition may result in taxpayers paying more than necessary for these engineering services.

Public Impact

Taxpayers may be overpaying due to the absence of competitive bidding. The long duration (2008-2012) of the contract raises questions about ongoing need and potential for re-evaluation. Reliance on a single contractor for critical engineering services could pose a risk if performance issues arise.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Time and materials pricing
  • Lack of competition
  • Long contract duration

Positive Signals

  • Award to established contractor (Lockheed Martin)
  • Contract awarded by Department of Defense

Sector Analysis

This contract falls under Engineering Services (NAICS 541330), a sector that typically involves specialized technical expertise for defense applications. Spending in this sector can vary widely based on defense priorities and project complexity.

Small Business Impact

The awardee is Lockheed Martin Corporation, a large prime contractor. There is no indication that small businesses were involved as subcontractors on this specific delivery order.

Oversight & Accountability

The contract was a delivery order under a larger agreement. Oversight would focus on the management of the time-and-materials aspect and the delivery of required engineering services within the specified period.

Related Government Programs

  • Engineering Services
  • Department of Defense Contracting
  • Department of the Air Force Programs

Risk Flags

  • Sole-source award
  • Time and materials pricing structure
  • Lack of competitive bidding
  • Potential for cost overruns
  • Long contract duration without clear re-competition

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $16.6 million to LOCKHEED MARTIN CORPORATION. M5/M5+ MINOR TAPE OFP

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN CORPORATION.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Air Force).

What is the total obligated amount?

The obligated amount is $16.6 million.

What is the period of performance?

Start: 2008-02-15. End: 2012-03-31.

What was the justification for awarding this contract on a sole-source basis?

The justification for a sole-source award typically involves unique capabilities, urgent needs, or a lack of viable alternatives. Without specific documentation, it's difficult to ascertain the precise reason. However, for engineering services, it might relate to proprietary technology or specialized expertise held by Lockheed Martin that is critical for the Air Force's specific requirements.

What are the risks associated with a time-and-materials contract for engineering services?

Time-and-materials contracts carry inherent risks of cost escalation, as the final price is not fixed. For engineering services, this means the government pays for the hours worked and materials used, which can be unpredictable. Effective oversight is crucial to monitor labor hours, rates, and material costs to prevent overcharging and ensure efficient service delivery.

How does the lack of competition impact the value received by the Department of Defense?

The absence of competition generally leads to reduced price pressure, potentially resulting in the government paying a premium. Without competing bids, the Department of Defense may not achieve the most cost-effective solution. This can also limit opportunities for innovation that might arise from a more competitive marketplace.

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: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: TIME AND MATERIALS (Y)

Evaluated Preference: NONE

Contractor Details

Parent Company: Lockheed Martin Corp (UEI: 834951691)

Address: 1 LOCKHEED BLVD, FORT WORTH, TX, 76108

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

Financial Breakdown

Contract Ceiling: $16,641,978

Exercised Options: $16,641,978

Current Obligation: $16,641,932

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: F4262001D0058

IDV Type: IDC

Timeline

Start Date: 2008-02-15

Current End Date: 2012-03-31

Potential End Date: 2012-03-31 00:00:00

Last Modified: 2019-02-15

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