DoD Awards $17.2M Storage Contract to Olgoonik Logistics, LLC for CONUS GOCO Services

Contract Overview

Contract Amount: $17,221,473 ($17.2M)

Contractor: Olgoonik Logistics, LLC

Awarding Agency: Department of Defense

Start Date: 2018-09-28

End Date: 2027-10-31

Contract Duration: 3,320 days

Daily Burn Rate: $5.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 8

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: 8505916683!CONUS GOCO STORAGE SERVICES

Place of Performance

Location: ANCHORAGE, ANCHORAGE County, ALASKA, 99503

State: Alaska Government Spending

Plain-Language Summary

Department of Defense obligated $17.2 million to OLGOONIK LOGISTICS, LLC for work described as: 8505916683!CONUS GOCO STORAGE SERVICES Key points: 1. Contract awarded to a single large business, Olgoonik Logistics, LLC. 2. The contract is for warehousing and storage services. 3. The contract has a long duration, ending in October 2027. 4. The contract type is Firm Fixed Price, providing cost certainty.

Value Assessment

Rating: fair

The contract value of $17.2 million over approximately 9 years suggests a moderate annual spend. Benchmarking against similar warehousing contracts would be necessary to fully assess pricing fairness, but the fixed-price nature offers some predictability.

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 value for the government.

Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by securing competitive pricing for essential storage services.

Public Impact

Ensures critical storage and warehousing capabilities for Department of Defense operations. Supports logistical readiness within the CONUS region. Provides long-term service delivery through a single, definitive contract.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of small business participation noted.
  • Long contract duration could lead to price escalation if not managed.

Positive Signals

  • Awarded under full and open competition.
  • Firm Fixed Price contract type provides cost certainty.

Sector Analysis

This contract falls under the 'Other Warehousing and Storage' sector, a critical component of the logistics and supply chain infrastructure. Spending in this sector is essential for maintaining operational readiness across various government agencies.

Small Business Impact

The data indicates that this contract was not awarded to small businesses (sb: false). Further analysis would be needed to determine if small business set-aside opportunities were considered or if the nature of the requirement precluded their participation.

Oversight & Accountability

The definitive contract structure with a clear end date suggests a defined oversight framework. Regular performance reviews and adherence to contract terms will be crucial for accountability.

Related Government Programs

  • Other Warehousing and Storage
  • Department of Defense Contracting
  • Defense Logistics Agency Programs

Risk Flags

  • No small business participation.
  • Long contract duration.
  • Potential for price creep over contract life.
  • Reliance on a single large business contractor.

Tags

other-warehousing-and-storage, department-of-defense, ak, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $17.2 million to OLGOONIK LOGISTICS, LLC. 8505916683!CONUS GOCO STORAGE SERVICES

Who is the contractor on this award?

The obligated recipient is OLGOONIK LOGISTICS, LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $17.2 million.

What is the period of performance?

Start: 2018-09-28. End: 2027-10-31.

What is the historical performance of Olgoonik Logistics, LLC on similar government contracts?

Assessing Olgoonik Logistics, LLC's past performance is crucial for understanding their reliability and capability in fulfilling this storage contract. Reviewing previous contract awards, performance evaluations, and any past disputes or challenges can provide insights into their track record and potential risks associated with this award. This information helps validate the initial selection and ensures taxpayer money is being spent with a proven provider.

How does the per-unit cost of this storage contract compare to industry benchmarks for similar services?

Benchmarking the per-unit cost against industry standards for comparable warehousing and storage services is essential for evaluating value for money. Without this comparison, it's difficult to determine if the $17.2 million award represents a fair price. Analyzing factors like storage density, climate control requirements, and location can help establish a relevant benchmark and identify potential overspending or cost savings.

What specific logistical needs does this CONUS GOCO storage service fulfill for the Department of Defense?

Understanding the specific logistical requirements met by this contract is key to assessing its effectiveness. GOCO (Government-Owned, Contractor-Operated) storage implies a need for specialized facilities or operational expertise that the government may not possess internally. Clarifying the types of assets stored, the geographic coverage, and the operational tempo supported will demonstrate the necessity and strategic importance of this contract to DoD's mission.

Industry Classification

NAICS: Transportation and WarehousingWarehousing and StorageOther Warehousing and Storage

Product/Service Code: OPERATION OF GOVT OWNED FACILITYOPERATE GOVT OWNED BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: SPE60318R0506

Offers Received: 8

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 3201 C ST STE 700, ANCHORAGE, AK, 99503

Business Categories: Alaskan Native Corporation Owned Firm, Category Business, Corporate Entity Not Tax Exempt, HUBZone Firm, Limited Liability Corporation, Minority Owned Business, Native American Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $25,530,772

Exercised Options: $17,221,473

Current Obligation: $17,221,473

Actual Outlays: $1,877,377

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline

Start Date: 2018-09-28

Current End Date: 2027-10-31

Potential End Date: 2027-10-31 00:00:00

Last Modified: 2025-03-31

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