DoD awards $6.46M contract to LOGMET LLC for logistics consulting, with 4 delivery orders

Contract Overview

Contract Amount: $6,461,298 ($6.5M)

Contractor: Logmet LLC

Awarding Agency: Department of Defense

Start Date: 2024-09-28

End Date: 2026-09-11

Contract Duration: 713 days

Daily Burn Rate: $9.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 4

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: MAT SUPPORT SERVICES

Place of Performance

Location: FAYETTEVILLE, CUMBERLAND County, NORTH CAROLINA, 28314

State: North Carolina Government Spending

Plain-Language Summary

Department of Defense obligated $6.5 million to LOGMET LLC for work described as: MAT SUPPORT SERVICES Key points: 1. Contract value of $6.46M for logistics consulting services. 2. Awarded by the Department of the Army, part of the DoD. 3. Utilizes full and open competition, indicating a competitive bidding process. 4. Services are categorized under Process, Physical Distribution, and Logistics Consulting.

Value Assessment

Rating: good

The contract value of $6.46M appears reasonable for specialized logistics consulting services. Benchmarking against similar contracts would provide a more precise assessment, but the firm fixed-price structure suggests cost control.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, allowing all eligible businesses to bid. This method generally promotes competitive pricing and ensures the government receives the best value.

Taxpayer Impact: The competitive nature of the award suggests that taxpayer funds are being used efficiently to secure necessary logistics consulting services.

Public Impact

Enhances military logistics capabilities for the Department of the Army. Supports critical supply chain and distribution processes. Potential for improved operational efficiency and cost savings within the DoD.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for scope creep if delivery orders are not well-defined.
  • Dependence on a single contractor for critical logistics insights.

Positive Signals

  • Awarded through full and open competition.
  • Firm fixed-price contract type provides cost certainty.
  • Long-term contract duration allows for sustained support.

Sector Analysis

This contract falls within the professional services sector, specifically logistics consulting. Spending in this area is crucial for optimizing government operations and supply chains, with benchmarks varying widely based on service complexity and duration.

Small Business Impact

The data indicates this contract was not set aside for small businesses, and the contractor LOGMET LLC is not explicitly identified as an SMB in this snippet. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

The contract is managed by the Department of the Army, a component of the DoD, which has established oversight mechanisms for contract performance and financial accountability. The use of delivery orders allows for phased execution and monitoring.

Related Government Programs

  • Process, Physical Distribution, and Logistics Consulting Services
  • Department of Defense Contracting
  • Department of the Army Programs

Risk Flags

  • Contract awarded to a single entity (LOGMET LLC).
  • Potential for contractor lock-in.
  • Services are critical to operational support.
  • Duration of contract is over two years.

Tags

process-physical-distribution-and-logist, department-of-defense, nc, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $6.5 million to LOGMET LLC. MAT SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is LOGMET 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 $6.5 million.

What is the period of performance?

Start: 2024-09-28. End: 2026-09-11.

What specific logistics challenges does this contract aim to address for the Department of the Army?

This contract likely aims to address challenges related to optimizing supply chain management, improving distribution networks, enhancing inventory control, and streamlining operational processes within the Department of the Army. The focus on 'Process, Physical Distribution, and Logistics Consulting Services' suggests a need for expert analysis and recommendations to improve efficiency and reduce costs in these critical areas.

How does the firm fixed-price structure mitigate risks associated with logistics consulting services?

The firm fixed-price (FFP) structure mitigates risk by establishing a ceiling on the total cost the government will pay, regardless of the contractor's actual costs. This incentivizes LOGMET LLC to manage its resources efficiently and deliver the agreed-upon services within the set budget, reducing the financial risk for the Department of the Army.

What is the expected impact of these consulting services on the Army's operational effectiveness?

The expected impact is a significant improvement in the Army's operational effectiveness through enhanced logistics. This could translate to faster deployment of resources, reduced waste, better inventory management, and more resilient supply chains, ultimately supporting mission readiness and reducing overall operational costs.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesManagement, Scientific, and Technical Consulting ServicesProcess, Physical Distribution, and Logistics Consulting Services

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)MANAGEMENT SUPPORT SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 4

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1311 CHISHOLM TRAIL RD STE 101, ROUND ROCK, TX, 78681

Business Categories: Black American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $10,210,922

Exercised Options: $6,461,298

Current Obligation: $6,461,298

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: GS10F0279Y

IDV Type: FSS

Timeline

Start Date: 2024-09-28

Current End Date: 2026-09-11

Potential End Date: 2028-09-11 00:00:00

Last Modified: 2025-12-09

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