DoD's $10.7M Modeling & Simulation Contract with Peraton Inc. Awarded via Full and Open Competition

Contract Overview

Contract Amount: $10,732,470 ($10.7M)

Contractor: Peraton Inc.

Awarding Agency: Department of Defense

Start Date: 2007-04-23

End Date: 2011-02-28

Contract Duration: 1,407 days

Daily Burn Rate: $7.6K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: R&D

Official Description: MODELING SIMULATION & ANALYSIS

Place of Performance

Location: ALEXANDRIA, ALEXANDRIA CITY County, VIRGINIA, 22301

State: Virginia Government Spending

Plain-Language Summary

Department of Defense obligated $10.7 million to PERATON INC. for work described as: MODELING SIMULATION & ANALYSIS Key points: 1. Contract value of $10.7M for modeling and simulation services. 2. Awarded to Peraton Inc. under a definitive contract. 3. Competition method was 'Full and Open', suggesting broad market access. 4. Sector is Research and Development, aligning with specialized technical services.

Value Assessment

Rating: fair

The contract type is Cost Plus Fixed Fee, which can lead to cost overruns if not managed carefully. Benchmarking against similar R&D contracts is difficult without more specific service details.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The 'Full and Open Competition' indicates that all responsible sources were permitted to submit a bid. This method generally promotes competitive pricing and allows the government to select the best value offering.

Taxpayer Impact: The use of full and open competition is generally favorable for taxpayers as it aims to secure the most competitive pricing and best value for government services.

Public Impact

Supports critical Department of Defense research and development initiatives. Potential for advancements in modeling and simulation technologies. Contract duration of over 3 years suggests ongoing need for these services.

Waste & Efficiency Indicators

Waste Risk Score: 76 / 10

Warning Flags

  • Cost Plus Fixed Fee contract type can incentivize higher costs.
  • Lack of specific performance metrics makes value assessment challenging.

Positive Signals

  • Full and open competition promotes market fairness.
  • Contract supports vital R&D for national security.

Sector Analysis

This contract falls within the Research and Development sector, specifically focusing on physical, engineering, and life sciences. Spending in this area is crucial for technological advancement but can be subject to cost variability.

Small Business Impact

The data does not indicate whether small businesses were involved as subcontractors or prime contractors. Further analysis would be needed to determine small business participation.

Oversight & Accountability

The contract was managed by the Defense Contract Management Agency, suggesting established oversight processes. However, the specific oversight activities and their effectiveness are not detailed in this data.

Related Government Programs

  • Research and Development in the Physical, Engineering, and Life Sciences
  • Department of Defense Contracting
  • Defense Contract Management Agency Programs

Risk Flags

  • Cost Plus Fixed Fee contract type.
  • Lack of detailed performance metrics.
  • Potential for cost overruns in R&D.
  • Limited insight into specific service deliverables.

Tags

research-and-development-in-the-physical, department-of-defense, va, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $10.7 million to PERATON INC.. MODELING SIMULATION & ANALYSIS

Who is the contractor on this award?

The obligated recipient is PERATON INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $10.7 million.

What is the period of performance?

Start: 2007-04-23. End: 2011-02-28.

What specific modeling and simulation capabilities were procured, and how do they align with current DoD strategic needs?

The provided data lacks specifics on the exact modeling and simulation capabilities. Understanding these details is crucial to assess if the $10.7M investment directly supports evolving DoD strategic objectives, such as advanced threat analysis or operational planning, and if the chosen solutions are state-of-the-art.

What were the key performance indicators (KPIs) for this contract, and how was Peraton Inc.'s performance measured against them?

Performance metrics and KPIs are not detailed in the provided data. Without this information, it's difficult to objectively assess the effectiveness of Peraton Inc.'s services and whether the government received optimal value for the $10.7M spent. This lack of transparency can obscure potential risks related to service delivery.

How does the Cost Plus Fixed Fee structure impact the overall cost-effectiveness and potential for budget overruns in this R&D context?

The Cost Plus Fixed Fee (CPFF) structure allows the contractor to recover allowable costs plus a predetermined fixed fee. While it encourages innovation in R&D, it carries a risk of cost overruns if initial cost estimates are inaccurate or scope creep occurs. Effective government oversight is critical to manage these risks and ensure taxpayer funds are used efficiently.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesScientific Research and Development ServicesResearch and Development in the Physical, Engineering, and Life Sciences

Product/Service Code: RESEARCH AND DEVELOPMENTDEFENSE (OTHER) R&D

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 1

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Parent Company: Veritas Capital Fund Management, L.L.C. (UEI: 078628925)

Address: 12975 WORLDGATE DR, HERNDON, VA, 20170

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

Financial Breakdown

Contract Ceiling: $19,941,084

Exercised Options: $19,941,084

Current Obligation: $10,732,470

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2007-04-23

Current End Date: 2011-02-28

Potential End Date: 2011-02-28 00:00:00

Last Modified: 2018-02-16

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