Raytheon Awarded $36.3M for 26 NSNs in Support of PBL Plus Up Effort by DoD

Contract Overview

Contract Amount: $36,306,061 ($36.3M)

Contractor: Raytheon Company

Awarding Agency: Department of Defense

Start Date: 2019-10-31

End Date: 2023-05-10

Contract Duration: 1,287 days

Daily Burn Rate: $28.2K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: 26 NSN'S IN SUPPORT OF PBL PLUS UP EFFORT

Place of Performance

Location: MARLBOROUGH, MIDDLESEX County, MASSACHUSETTS, 01752

State: Massachusetts Government Spending

Plain-Language Summary

Department of Defense obligated $36.3 million to RAYTHEON COMPANY for work described as: 26 NSN'S IN SUPPORT OF PBL PLUS UP EFFORT Key points: 1. The contract, valued at $36.3 million, supports 26 National Stock Numbers (NSNs) for bare printed circuit boards. 2. Awarded to Raytheon Company, this contract falls under the Bare Printed Circuit Board Manufacturing sector. 3. The contract was not competed, raising questions about potential price discovery and value for taxpayer money. 4. The duration of the contract is 1287 days, indicating a long-term need for these components.

Value Assessment

Rating: questionable

Without competitive bidding, it is difficult to assess if the $36.3 million price is optimal. Benchmarking against similar contracts for bare printed circuit boards is necessary to determine fair pricing.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was awarded on a sole-source basis, meaning it was not competed. This limits price discovery and may result in higher costs for the government compared to a competitive procurement.

Taxpayer Impact: The lack of competition for this $36.3 million contract raises concerns about potential overspending, impacting taxpayer value.

Public Impact

Defense readiness may be impacted if these critical circuit boards are not procured at the best possible price. Taxpayers may be bearing a higher cost due to the absence of competitive bidding. The long contract duration suggests a sustained need, making the procurement method's efficiency crucial.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Lack of competition
  • Potential for overpricing

Positive Signals

  • Supports critical defense components
  • Long-term contract provides stability

Sector Analysis

The Bare Printed Circuit Board Manufacturing sector is critical for various defense systems. Spending benchmarks for similar sole-source contracts are essential for evaluating this award's value.

Small Business Impact

The data does not indicate any specific provisions or considerations for small businesses in this sole-source award to Raytheon Company.

Oversight & Accountability

Oversight is crucial for sole-source contracts to ensure fair pricing and prevent waste. The Defense Contract Management Agency's role in monitoring this contract is vital for accountability.

Related Government Programs

  • Bare Printed Circuit Board Manufacturing
  • Department of Defense Contracting
  • Defense Contract Management Agency Programs

Risk Flags

  • Sole-source award limits competition.
  • Potential for non-competitive pricing.
  • Lack of transparency in price justification.
  • Dependency on a single supplier for critical components.

Tags

bare-printed-circuit-board-manufacturing, department-of-defense, ma, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $36.3 million to RAYTHEON COMPANY. 26 NSN'S IN SUPPORT OF PBL PLUS UP EFFORT

Who is the contractor on this award?

The obligated recipient is RAYTHEON COMPANY.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Contract Management Agency).

What is the total obligated amount?

The obligated amount is $36.3 million.

What is the period of performance?

Start: 2019-10-31. End: 2023-05-10.

What is the estimated cost savings if this contract had been competed?

Quantifying exact savings without a competitive process is challenging. However, historical data suggests that competitive bidding can yield savings ranging from 10% to 30% or more on similar procurements. A thorough market research and cost analysis would be needed to estimate potential savings for these specific NSNs.

What are the risks associated with a sole-source award for critical defense components?

Sole-source awards for critical components like bare printed circuit boards carry risks of inflated pricing, reduced innovation, and potential supply chain vulnerabilities if the sole provider faces issues. It also limits the government's ability to leverage market competition for better terms and conditions.

How does the firm fixed price (FFP) contract type mitigate risk in this sole-source scenario?

A Firm Fixed Price contract type shifts the cost risk to the contractor, Raytheon Company. This means the government is obligated to pay the agreed-upon price regardless of the contractor's actual costs. While this provides budget certainty for the government, it doesn't inherently guarantee the best price without competition.

Industry Classification

NAICS: ManufacturingSemiconductor and Other Electronic Component ManufacturingBare Printed Circuit Board Manufacturing

Product/Service Code: ELECTRICAL/ELECTRONIC EQPT COMPNTS

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: SPRMM119RTA29

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: RTX Corp

Address: 1001 BOSTON POST RD E, MARLBOROUGH, MA, 01752

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: $36,306,061

Exercised Options: $36,306,061

Current Obligation: $36,306,061

Subaward Activity

Number of Subawards: 238

Total Subaward Amount: $20,099,487

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Parent Contract

Parent Award PIID: SPRMM118GDK01

IDV Type: BOA

Timeline

Start Date: 2019-10-31

Current End Date: 2023-05-10

Potential End Date: 2023-05-10 00:00:00

Last Modified: 2023-07-06

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