DoD's $67.6M Logistics Consulting Contract Awarded to SRM Group, LLC Under Full and Open Competition

Contract Overview

Contract Amount: $67,616,503 ($67.6M)

Contractor: SRM Group, LLC

Awarding Agency: Department of Defense

Start Date: 2018-08-24

End Date: 2021-09-30

Contract Duration: 1,133 days

Daily Burn Rate: $59.7K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: EQUIPMENT FUNDING

Place of Performance

Location: EL PASO, EL PASO County, TEXAS, 79906

State: Texas Government Spending

Plain-Language Summary

Department of Defense obligated $67.6 million to SRM GROUP, LLC for work described as: EQUIPMENT FUNDING Key points: 1. The contract awarded to SRM Group, LLC for logistics consulting services represents a significant investment in operational efficiency. 2. Full and open competition suggests a robust market for these services, potentially driving competitive pricing. 3. The duration of the contract (1133 days) indicates a long-term need for these specialized consulting services. 4. The award value of $67.6 million highlights the importance the Department of the Army places on process and distribution improvements.

Value Assessment

Rating: good

The contract value of $67.6 million for logistics consulting appears reasonable given the 1133-day duration and the specialized nature of the services. Benchmarking against similar large-scale consulting contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple bidders had the opportunity to compete. This method is generally expected to yield competitive pricing and ensure the government receives best value.

Taxpayer Impact: The competitive nature of the award suggests that taxpayer funds were likely used efficiently, with pricing driven by market forces rather than limited options.

Public Impact

Improved supply chain and distribution processes for the Department of the Army. Potential for cost savings through optimized logistics operations. Enhanced operational readiness and effectiveness through expert consulting. Support for military personnel by streamlining logistical challenges.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of specific performance metrics in the provided data.
  • Potential for scope creep in long-term consulting engagements.
  • Dependency on a single contractor for critical logistics advice.

Positive Signals

  • Awarded through full and open competition.
  • Firm Fixed Price contract type can provide cost certainty.
  • Long contract duration suggests sustained need and potential for deep expertise development.

Sector Analysis

The logistics consulting sector is crucial for government operations, particularly within the Department of Defense, to ensure efficient supply chains and distribution. Spending in this area often benchmarks against industry standards for process improvement and operational efficiency.

Small Business Impact

The data indicates that the awardee is SRM GROUP, LLC, and it does not specify if this is a small business. Further investigation would be needed to determine the extent of small business participation or subcontracting.

Oversight & Accountability

The Department of Defense typically has robust oversight mechanisms for large contracts, including performance reviews and financial audits. However, specific oversight details for this contract are not provided.

Related Government Programs

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

Risk Flags

  • Lack of specific performance metrics.
  • Potential for contractor lock-in.
  • Limited visibility into specific deliverables.
  • Dependency on external expertise for critical functions.

Tags

process-physical-distribution-and-logist, department-of-defense, tx, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $67.6 million to SRM GROUP, LLC. EQUIPMENT FUNDING

Who is the contractor on this award?

The obligated recipient is SRM GROUP, 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 $67.6 million.

What is the period of performance?

Start: 2018-08-24. End: 2021-09-30.

What specific improvements in process, physical distribution, and logistics were achieved as a result of this $67.6 million contract?

The provided data does not detail the specific outcomes or measurable improvements achieved. A thorough analysis would require access to performance reports, key performance indicators (KPIs), and final project assessments to quantify the impact on efficiency, cost savings, and operational readiness resulting from the consulting services.

How did the full and open competition process ensure the best possible price and quality for these logistics consulting services?

Full and open competition allows multiple qualified vendors to submit bids, fostering a competitive environment that typically drives down prices and encourages high-quality service offerings. The Department of the Army likely evaluated proposals based on a combination of technical merit, past performance, and cost to ensure the best value was obtained for the taxpayer.

What is the long-term strategy for logistics consulting within the Department of the Army, and how does this contract fit into that broader plan?

This contract's 1133-day duration suggests a significant, ongoing need for specialized logistics expertise. Understanding the Army's long-term strategic goals for supply chain modernization and operational efficiency would clarify how this engagement contributes to those objectives and whether it represents a foundational step or a standalone initiative.

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)PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: W912DY15R0024

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 6910 RICHMOND HIGHWAY, SUITE 500, ALEXANDRIA, VA, 22306

Business Categories: Category Business, Not Designated a Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $67,616,503

Exercised Options: $67,616,503

Current Obligation: $67,616,503

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: W912DY15D0099

IDV Type: IDC

Timeline

Start Date: 2018-08-24

Current End Date: 2021-09-30

Potential End Date: 2021-09-30 00:00:00

Last Modified: 2023-04-04

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