DoD Awards $59.7M for PBL Service Support to General Electric Company

Contract Overview

Contract Amount: $59,724,770 ($59.7M)

Contractor: General Electric Company

Awarding Agency: Department of Defense

Start Date: 2021-12-16

End Date: 2022-12-31

Contract Duration: 380 days

Daily Burn Rate: $157.2K/day

Competition Type: NOT COMPETED

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: 8508753632!PBL SERVICE SUPPORT GE

Place of Performance

Location: LYNN, ESSEX County, MASSACHUSETTS, 01905

State: Massachusetts Government Spending

Plain-Language Summary

Department of Defense obligated $59.7 million to GENERAL ELECTRIC COMPANY for work described as: 8508753632!PBL SERVICE SUPPORT GE Key points: 1. Contract awarded to General Electric Company for aircraft engine support. 2. Significant value of $59.7 million over a 380-day period. 3. No small business participation noted. 4. The contract falls under the Aircraft Engine and Engine Parts Manufacturing sector.

Value Assessment

Rating: fair

The contract value of $59.7 million for 380 days of service support appears to be within a reasonable range for specialized aircraft engine maintenance. Benchmarking against similar Performance-Based Logistics (PBL) contracts for complex aerospace systems is necessary for a definitive assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

This contract was not competed, indicating a limited competition approach. The lack of competition may impact price discovery and potentially lead to higher costs for the government compared to a fully competitive scenario.

Taxpayer Impact: The absence of competition raises concerns about maximizing taxpayer value. Further justification for the limited competition is needed to ensure fair pricing.

Public Impact

Ensures continued operational readiness of critical aircraft engines. Supports the Department of Defense's aviation capabilities. Potential for increased costs due to non-competitive award.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of competition
  • No small business participation

Positive Signals

  • Essential service support for critical assets
  • Long-term relationship with a key supplier

Sector Analysis

This contract is within the Aircraft Engine and Engine Parts Manufacturing sector, which is critical for defense readiness. Spending in this sector often involves high-value, specialized components and services, with significant R&D investment.

Small Business Impact

The contract explicitly states no small business participation. This indicates a missed opportunity to support small businesses within the defense supply chain for this particular award.

Oversight & Accountability

The award was made as a delivery order under an existing contract. Oversight should focus on the performance metrics and cost controls within the Performance-Based Logistics framework to ensure accountability.

Related Government Programs

  • Aircraft Engine and Engine Parts Manufacturing
  • Department of Defense Contracting
  • Defense Logistics Agency Programs

Risk Flags

  • Limited competition may result in higher costs.
  • Lack of small business involvement.
  • Potential for vendor lock-in due to specialized services.
  • Reliance on a single supplier for critical engine support.

Tags

aircraft-engine-and-engine-parts-manufac, department-of-defense, ma, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $59.7 million to GENERAL ELECTRIC COMPANY. 8508753632!PBL SERVICE SUPPORT GE

Who is the contractor on this award?

The obligated recipient is GENERAL ELECTRIC COMPANY.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Logistics Agency).

What is the total obligated amount?

The obligated amount is $59.7 million.

What is the period of performance?

Start: 2021-12-16. End: 2022-12-31.

What is the justification for awarding this contract on a limited competition basis, and how was the price determined to be fair and reasonable?

The justification for limited competition typically stems from factors such as unique capabilities of the contractor, urgency of need, or prior investments in specialized equipment. Price reasonableness is usually determined through market research, historical pricing, or comparison with similar contracts, though the absence of competition can make this assessment more challenging.

What are the specific performance metrics and associated incentives or penalties within this PBL contract to ensure effective service delivery?

Performance-Based Logistics contracts are designed around measurable outcomes rather than specific tasks. Key performance indicators (KPIs) might include engine availability, turnaround time for repairs, or parts delivery speed. The contract should detail these KPIs, along with incentive clauses for exceeding targets and potential penalties for failing to meet minimum performance standards.

How does the cost of this contract compare to potential costs if it were awarded through full and open competition, considering the specialized nature of aircraft engine support?

While full and open competition generally drives down prices, the highly specialized nature of aircraft engine support, often requiring unique technical expertise and proprietary data, can limit the pool of qualified bidders. The cost difference would depend on the number of capable competitors and the specific market dynamics for these services.

Industry Classification

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

Product/Service Code: AEROSPACE CRAFT AND STRUCTURAL COMPONENTS

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1000 WESTERN AVE, LYNN, MA, 01905

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $59,724,770

Exercised Options: $59,724,770

Current Obligation: $59,724,770

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: SPE4AX20D9002

IDV Type: IDC

Timeline

Start Date: 2021-12-16

Current End Date: 2022-12-31

Potential End Date: 2022-12-31 00:00:00

Last Modified: 2022-12-13

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