DoD awards $7.08M contract for Cable and Reel Assy to Bridon-American Corp, with 2 years remaining

Contract Overview

Contract Amount: $7,078,199 ($7.1M)

Contractor: Bridon-American Corp

Awarding Agency: Department of Defense

Start Date: 2022-12-06

End Date: 2025-05-24

Contract Duration: 900 days

Daily Burn Rate: $7.9K/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: 8509557359!CABLE AND REEL ASSY

Place of Performance

Location: OAKLAND CITY, GIBSON County, INDIANA, 47660

State: Indiana Government Spending

Plain-Language Summary

Department of Defense obligated $7.1 million to BRIDON-AMERICAN CORP for work described as: 8509557359!CABLE AND REEL ASSY Key points: 1. Contract value of $7.08M for aircraft parts. 2. Competition was conducted under Simplified Acquisition Procedures (SAP). 3. Risk is moderate due to the contract type and duration. 4. Spending is within the Other Aircraft Parts manufacturing sector.

Value Assessment

Rating: good

The contract value of $7.08M appears reasonable for a firm-fixed-price contract of this duration. Benchmarking against similar contracts for aircraft parts would provide a more definitive assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was competed under SAP, suggesting a limited competition environment. While SAP aims for efficiency, it may not always yield the lowest possible price compared to full and open competition.

Taxpayer Impact: The use of SAP likely balances acquisition speed with cost-effectiveness, but the ultimate taxpayer impact depends on the price discovery achieved during the limited competition.

Public Impact

Ensures continued availability of critical aircraft components for the Department of Defense. Supports manufacturing jobs within the Other Aircraft Parts sector. Provides necessary equipment for ongoing military operations and maintenance.

Waste & Efficiency Indicators

Waste Risk Score: 78 / 10

Warning Flags

  • Limited competition under SAP.
  • Contract duration extends into mid-2025.

Positive Signals

  • Firm Fixed Price contract type.
  • Awarded by Defense Logistics Agency.

Sector Analysis

This contract falls within the Other Aircraft Parts and Auxiliary Equipment Manufacturing sector. Spending in this sector is crucial for maintaining military aviation readiness. Benchmarks for similar components vary widely based on complexity and quantity.

Small Business Impact

The data indicates that this contract was not awarded to a small business (sb: false). Further analysis would be needed to determine if small business set-asides were considered or if opportunities were missed.

Oversight & Accountability

The contract was awarded by the Defense Logistics Agency, a key component of DoD oversight for supply chain management. The firm-fixed-price structure provides cost certainty, but ongoing monitoring of performance is essential.

Related Government Programs

  • Other Aircraft Parts and Auxiliary Equipment Manufacturing
  • Department of Defense Contracting
  • Defense Logistics Agency Programs

Risk Flags

  • Contract duration extends beyond 2 years.
  • Limited competition under SAP.
  • Potential for price increases if material costs fluctuate significantly.
  • Risk of obsolescence or need for design changes before contract end.

Tags

other-aircraft-parts-and-auxiliary-equip, department-of-defense, in, definitive-contract, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $7.1 million to BRIDON-AMERICAN CORP. 8509557359!CABLE AND REEL ASSY

Who is the contractor on this award?

The obligated recipient is BRIDON-AMERICAN CORP.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $7.1 million.

What is the period of performance?

Start: 2022-12-06. End: 2025-05-24.

What is the typical lead time and production capacity for Bridon-American Corp for this specific cable and reel assembly?

Information on Bridon-American Corp's specific lead times and production capacity for this cable and reel assembly is not publicly available in this data. Understanding these factors is crucial for assessing delivery reliability and potential bottlenecks. Further investigation into the contractor's operational capabilities would be beneficial for a comprehensive risk assessment.

How does the awarded price compare to industry benchmarks for similar cable and reel assemblies, considering material costs and complexity?

Without specific industry benchmark data for this particular cable and reel assembly, a direct price comparison is difficult. The $7.08M award for a 900-day duration contract suggests a unit price that needs to be evaluated against the complexity, materials, and specific performance requirements. Further research into comparable government or commercial contracts is needed.

What are the potential risks associated with a firm-fixed-price contract for specialized aircraft parts, particularly regarding obsolescence or design changes?

Firm-fixed-price contracts offer cost certainty but can pose risks if design changes are required or if components become obsolete during the contract term. The contractor may be less incentivized to incorporate improvements, and the government bears the risk of obsolescence unless specific clauses are included. The 2025 end date warrants attention to potential technology shifts.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingOther Aircraft Parts and Auxiliary Equipment Manufacturing

Product/Service Code: AEROSPACE CRAFT LAUNCHING, LANDING, GROUND HANDLING AND SERVICING EQUIPMENT

Competition & Pricing

Extent Competed: COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Solicitation ID: SPE7M222R0010

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: NV Bekaert SA

Address: 11698 E 200 S, OAKLAND CITY, IN, 47660

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

Financial Breakdown

Contract Ceiling: $7,078,199

Exercised Options: $7,078,199

Current Obligation: $7,078,199

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2022-12-06

Current End Date: 2025-05-24

Potential End Date: 2025-05-24 00:00:00

Last Modified: 2025-12-19

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