DoD Awards $36.4M for MRAP VVT to Raydon Corp under Full and Open Competition

Contract Overview

Contract Amount: $36,355,550 ($36.4M)

Contractor: Raydon Corporation

Awarding Agency: Department of Defense

Start Date: 2010-07-06

End Date: 2011-11-06

Contract Duration: 488 days

Daily Burn Rate: $74.5K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: MRAP VVT

Place of Performance

Location: DAYTONA BEACH, VOLUSIA County, FLORIDA, 32114

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $36.4 million to RAYDON CORPORATION for work described as: MRAP VVT Key points: 1. Significant award for vehicle modernization components. 2. Raydon Corporation secured the contract. 3. Full and open competition indicates potential for competitive pricing. 4. Awarded by the Department of the Army, part of DoD. 5. Contract duration of 488 days.

Value Assessment

Rating: good

The award value of $36.4 million for MRAP VVT components appears reasonable given the specialized nature of military vehicle upgrades. Benchmarking against similar complex equipment procurements would provide further context.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a robust process for soliciting bids and ensuring fair market pricing. This method typically leads to better price discovery and value for the government.

Taxpayer Impact: Full and open competition generally maximizes taxpayer value by encouraging multiple bidders to offer competitive prices.

Public Impact

Enhances survivability and operational capability of MRAP vehicles. Supports military readiness and troop safety. Potential for follow-on contracts or related equipment needs.

Waste & Efficiency Indicators

Waste Risk Score: 70 / 10

Warning Flags

  • Contract duration is relatively short for a major component system.
  • Lack of specific performance metrics in provided data.
  • Sole awardee may not reflect broader market competition.
  • Small business participation not indicated.

Positive Signals

  • Awarded under full and open competition.
  • Clear contract type (Firm Fixed Price) aids cost control.
  • Specific product (MRAP VVT) addresses critical defense needs.

Sector Analysis

This contract falls within the defense sector, specifically focusing on vehicle modernization and equipment. Spending in this area is driven by military operational requirements and technological advancements in defense systems.

Small Business Impact

The provided data indicates that this contract was not awarded to a small business (ss: false, sb: false). Further analysis would be needed to determine if small businesses had the opportunity to participate as subcontractors.

Oversight & Accountability

The Department of the Army managed this procurement. Oversight would typically involve contract administration, performance monitoring, and ensuring compliance with terms and conditions throughout the contract lifecycle.

Related Government Programs

  • Other Professional Equipment and Supplies Merchant Wholesalers
  • Department of Defense Contracting
  • Department of the Army Programs

Risk Flags

  • Contract duration may be insufficient for full integration and testing.
  • Limited visibility into specific performance metrics and quality assurance.
  • Potential for cost overruns if unforeseen technical challenges arise.
  • Dependence on a single contractor for a critical component.
  • Lack of small business participation noted.

Tags

other-professional-equipment-and-supplie, department-of-defense, fl, do, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $36.4 million to RAYDON CORPORATION. MRAP VVT

Who is the contractor on this award?

The obligated recipient is RAYDON CORPORATION.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $36.4 million.

What is the period of performance?

Start: 2010-07-06. End: 2011-11-06.

What is the specific function and technical complexity of the MRAP VVT?

The MRAP VVT (Mine-Resistant Ambush Protected Vehicle Vulnerability Test) likely refers to a system or component designed to enhance the survivability of MRAP vehicles against explosive threats. Its technical complexity would depend on whether it's a structural upgrade, an electronic countermeasure, or a sensor system, impacting its cost and integration.

How does the awarded price compare to industry benchmarks for similar vehicle upgrade components?

Without specific details on the MRAP VVT's exact function and the competitive landscape for its components, a precise benchmark is difficult. However, the $36.4 million award for a specialized defense system suggests a significant investment. Comparing the per-unit cost against other MRAP upgrade contracts or similar armored vehicle enhancements would be necessary for a thorough assessment.

What is the long-term strategic value of this MRAP VVT acquisition for the Department of the Army?

The long-term strategic value lies in enhancing the survivability and operational effectiveness of the MRAP fleet, which is crucial for troop safety in high-threat environments. This acquisition supports ongoing military operations and readiness, potentially reducing casualties and improving mission success rates. It also signals continued investment in protecting personnel during asymmetric warfare.

Industry Classification

NAICS: Wholesale TradeProfessional and Commercial Equipment and Supplies Merchant WholesalersOther Professional Equipment and Supplies Merchant Wholesalers

Product/Service Code: TRAINING AIDS AND DEVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: W9133L10R0046

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 210 FENTRESS BLVD, DAYTONA BEACH, FL, 06

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Federally Funded Research and Development Corp, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $36,355,550

Exercised Options: $36,355,550

Current Obligation: $36,355,550

Contract Characteristics

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS02F0154R

IDV Type: FSS

Timeline

Start Date: 2010-07-06

Current End Date: 2011-11-06

Potential End Date: 2011-11-06 00:00:00

Last Modified: 2012-09-26

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