DoD's $15.9M Contract for Aircraft Engine Services Awarded to General Electric Company

Contract Overview

Contract Amount: $15,927,511 ($15.9M)

Contractor: General Electric Company

Awarding Agency: Department of Defense

Start Date: 2009-02-21

End Date: 2012-12-31

Contract Duration: 1,409 days

Daily Burn Rate: $11.3K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: ENGINEERING SERVICES

Place of Performance

Location: CINCINNATI, HAMILTON County, OHIO, 45215

State: Ohio Government Spending

Plain-Language Summary

Department of Defense obligated $15.9 million to GENERAL ELECTRIC COMPANY for work described as: ENGINEERING SERVICES Key points: 1. General Electric Company secured a significant contract valued at $15.9 million. 2. The contract falls under the Aircraft Engine and Engine Parts Manufacturing sector. 3. Awarded by the Department of the Air Force, this contract highlights a specific area of defense spending. 4. The contract duration spans over three years, indicating a sustained need for these services.

Value Assessment

Rating: questionable

The contract type is Cost Plus Fixed Fee, which can lead to cost overruns if not managed carefully. Without a competitive bidding process, it's difficult to assess if the $15.9 million represents a fair market price.

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 taxpayers as there was no competitive pressure to drive down the price.

Taxpayer Impact: The lack of competition for this $15.9 million contract may result in taxpayers paying more than necessary for engineering services.

Public Impact

Taxpayers may be overpaying due to the absence of competitive bidding. The Department of the Air Force relies on General Electric for critical aircraft engine services. This contract could set a precedent for future sole-source awards in this sector. The long duration of the contract suggests a continuous requirement for these specialized engineering services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of competition
  • Cost Plus Fixed Fee contract type
  • Potential for cost overruns

Positive Signals

  • Sustained need for critical services
  • Award to established company

Sector Analysis

This contract falls within the Aircraft Engine and Engine Parts Manufacturing sector, a critical component of the aerospace and defense industry. Spending in this area is often characterized by high R&D costs and specialized manufacturing capabilities.

Small Business Impact

There is no indication that small businesses were involved in this contract, either as prime contractors or subcontractors. The award was made directly to General Electric Company.

Oversight & Accountability

The 'OH' designation suggests the contract may be subject to oversight in Ohio. However, the lack of competition raises questions about the effectiveness of existing oversight mechanisms in ensuring competitive pricing.

Related Government Programs

  • Aircraft Engine and Engine Parts Manufacturing
  • Department of Defense Contracting
  • Department of the Air Force Programs

Risk Flags

  • Sole-source award lacks competition
  • Cost Plus Fixed Fee contract type increases risk
  • Potential for inflated pricing
  • Limited transparency in pricing justification
  • No apparent small business participation

Tags

aircraft-engine-and-engine-parts-manufac, department-of-defense, oh, do, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $15.9 million to GENERAL ELECTRIC COMPANY. ENGINEERING SERVICES

Who is the contractor on this award?

The obligated recipient is GENERAL ELECTRIC COMPANY.

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 $15.9 million.

What is the period of performance?

Start: 2009-02-21. End: 2012-12-31.

What was the justification for awarding this contract on a sole-source basis instead of through full and open competition?

The justification for a sole-source award typically involves unique capabilities, proprietary technology, or urgent requirements where only one source can fulfill the need. Without specific documentation, it's impossible to determine the exact reason, but it's crucial for ensuring that such awards are truly necessary and not simply a matter of convenience or established relationships.

What measures were in place to control costs given the Cost Plus Fixed Fee structure and lack of competition?

Cost Plus Fixed Fee contracts require robust oversight to manage costs effectively. This includes detailed auditing of expenses, performance monitoring, and clear definition of the fixed fee. The absence of competition means the government must rely heavily on its internal controls and negotiation skills to prevent excessive spending and ensure value for money.

How does the pricing of this contract compare to similar sole-source or competed contracts for aircraft engine services?

Benchmarking this contract's pricing is challenging without access to detailed cost breakdowns and comparable contract data. However, sole-source contracts are generally expected to be higher than competed ones. A thorough review would involve comparing the labor rates, overheads, and profit margins against industry standards and any available historical data for similar services.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingAircraft Engine and Engine Parts Manufacturing

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: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 1 NEUMANN WAY, CINCINNATI, OH, 90

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

Financial Breakdown

Contract Ceiling: $15,927,511

Exercised Options: $15,927,511

Current Obligation: $15,927,511

Contract Characteristics

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: F3365799D2050

IDV Type: IDC

Timeline

Start Date: 2009-02-21

Current End Date: 2012-12-31

Potential End Date: 2012-12-31 00:00:00

Last Modified: 2014-09-16

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