DoD Awards $21.5M Task Order for Battle Command Training Equipment to Shock Stream Phoenix Ventures

Contract Overview

Contract Amount: $21,462,925 ($21.5M)

Contractor: Shock Stream Phoenix Ventures, LLC

Awarding Agency: Department of Defense

Start Date: 2024-02-02

End Date: 2025-08-01

Contract Duration: 546 days

Daily Burn Rate: $39.3K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Pricing Type: COST PLUS FIXED FEE

Sector: IT

Official Description: TASK ORDER 0001 AWARD FOR THE BATTLE COMMAND TRAINING EQUIPMENT.

Place of Performance

Location: OVIEDO, SEMINOLE County, FLORIDA, 32765

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $21.5 million to SHOCK STREAM PHOENIX VENTURES, LLC for work described as: TASK ORDER 0001 AWARD FOR THE BATTLE COMMAND TRAINING EQUIPMENT. Key points: 1. Significant award for training simulation technology. 2. Competition method indicates potential for price discovery. 3. Risk associated with cost-plus fixed-fee contract type. 4. IT services sector, specifically simulation and training.

Value Assessment

Rating: fair

The contract is Cost Plus Fixed Fee, which can lead to higher costs if not managed carefully. Benchmarking against similar training simulation contracts is needed to assess value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Full and open competition after exclusion of sources suggests a deliberate selection process. This method aims to ensure fair pricing and access to the best solutions.

Taxpayer Impact: The competitive nature of the award is positive for taxpayers, aiming for a fair price for essential training equipment.

Public Impact

Enhances critical military training capabilities. Supports readiness for combat operations. Potential for technological advancements in simulation.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Cost-plus fixed fee contract type.
  • Potential for scope creep.
  • Reliance on a single vendor for this task order.

Positive Signals

  • Full and open competition.
  • Clear delivery and performance periods.
  • Supports critical defense mission.

Sector Analysis

This award falls within the IT services sector, specifically focusing on simulation and training solutions for the Department of Defense. Spending in this area is crucial for maintaining military readiness and technological superiority.

Small Business Impact

The awardee, Shock Stream Phoenix Ventures, LLC, is not indicated as a small business. Further analysis would be needed to determine the impact on small business participation in this contract.

Oversight & Accountability

The Department of the Army's selection process and the task order's defined scope are key oversight elements. Monitoring performance and costs will be crucial for accountability.

Related Government Programs

  • Other Computer Related Services
  • Department of Defense Contracting
  • Department of the Army Programs

Risk Flags

  • Cost-plus contract type.
  • Potential for limited competition due to source exclusion.
  • Lack of small business participation indicated.
  • Performance risk in delivering complex training equipment.

Tags

other-computer-related-services, department-of-defense, fl, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $21.5 million to SHOCK STREAM PHOENIX VENTURES, LLC. TASK ORDER 0001 AWARD FOR THE BATTLE COMMAND TRAINING EQUIPMENT.

Who is the contractor on this award?

The obligated recipient is SHOCK STREAM PHOENIX VENTURES, LLC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Army).

What is the total obligated amount?

The obligated amount is $21.5 million.

What is the period of performance?

Start: 2024-02-02. End: 2025-08-01.

What is the estimated profit margin for the contractor under this Cost Plus Fixed Fee contract, and how does it compare to industry standards for similar services?

The Cost Plus Fixed Fee (CPFF) structure means the contractor is reimbursed for allowable costs plus a fixed fee representing profit. Without specific details on the fee percentage or projected costs, it's difficult to determine the exact profit margin. However, CPFF contracts are often used when cost estimation is difficult. Benchmarking this fee against similar IT simulation contracts would be necessary to assess if it's reasonable and provides good value to the government.

What are the specific risks associated with the 'exclusion of sources' in the full and open competition, and how were these mitigated to ensure fair pricing?

Excluding sources in a full and open competition implies that certain potential offerors were not considered, potentially due to specific technical requirements or prior relationships. The risk is that this could limit competition and lead to suboptimal pricing. Mitigation would involve a clear, justifiable rationale for the exclusion, ensuring the remaining pool of competitors was sufficient to drive a competitive price, and rigorous evaluation of all proposals received.

How will the effectiveness of the Battle Command Training Equipment be measured, and what metrics will be used to ensure it meets the Department of the Army's training objectives?

Effectiveness will likely be measured through user feedback from training exercises, performance data generated by the simulation, and objective assessments of soldier proficiency improvements. Key metrics could include simulation fidelity, realism of scenarios, ease of use, and the ability to achieve specific learning outcomes defined in the contract's performance work statement. Regular reviews and milestone assessments will track progress against these objectives.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesComputer Systems Design and Related ServicesOther Computer Related Services

Product/Service Code: IT AND TELECOM - COMPUTE

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: W900KK23R0009

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 1701 KENNEDY POINT STE 1001, OVIEDO, FL, 32765

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $35,342,962

Exercised Options: $35,307,936

Current Obligation: $21,462,925

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: W900KK24D0002

IDV Type: IDC

Timeline

Start Date: 2024-02-02

Current End Date: 2025-08-01

Potential End Date: 2025-08-01 00:00:00

Last Modified: 2026-03-02

More Contracts from Shock Stream Phoenix Ventures, LLC

View all Shock Stream Phoenix Ventures, LLC federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending