DoD Awards $18.19M for MSV Gen II Systems to Bethel Industries Inc

Contract Overview

Contract Amount: $18,190,125 ($18.2M)

Contractor: Bethel Industries Inc

Awarding Agency: Department of Defense

Start Date: 2024-08-22

End Date: 2025-07-03

Contract Duration: 315 days

Daily Burn Rate: $57.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 5

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: MSV FAIR OPPORTUNITY # 0007 AWARD A DELIVERY ORDER FOR $18,190,125.00 WORTH OF MSV GEN II SYSTEMS.

Place of Performance

Location: JERSEY CITY, HUDSON County, NEW JERSEY, 07307

State: New Jersey Government Spending

Plain-Language Summary

Department of Defense obligated $18.2 million to BETHEL INDUSTRIES INC for work described as: MSV FAIR OPPORTUNITY # 0007 AWARD A DELIVERY ORDER FOR $18,190,125.00 WORTH OF MSV GEN II SYSTEMS. Key points: 1. Bethel Industries Inc. secured an $18.19 million contract for MSV Gen II Systems. 2. The award was made under full and open competition. 3. This contract falls within the Apparel Accessories and Other Apparel Manufacturing sector. 4. The duration of the delivery order is 315 days.

Value Assessment

Rating: good

The contract value of $18.19 million for MSV Gen II Systems appears reasonable given the scope. Benchmarking against similar defense system procurements would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. This method typically leads to better price discovery and value for the government.

Taxpayer Impact: Taxpayers benefit from competitive pricing achieved through an open bidding process, ensuring funds are used efficiently for defense systems.

Public Impact

Ensures the Department of the Army is equipped with necessary MSV Gen II Systems. Supports domestic manufacturing capabilities within the apparel and accessories sector. Provides a competitive award, potentially leading to cost savings for the government.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for cost overruns if system performance requirements change.
  • Dependence on a single supplier for this specific system delivery.

Positive Signals

  • Awarded through full and open competition.
  • Clear delivery order with defined end date.
  • Firm Fixed Price contract type limits cost uncertainty.

Sector Analysis

This procurement falls under the Apparel Accessories and Other Apparel Manufacturing sector, specifically for military-use systems. Spending benchmarks in this niche area are difficult to ascertain without more specific product details, but the award value is significant for a single delivery order.

Small Business Impact

The data indicates that Bethel Industries Inc. is the awardee. Further analysis would be needed to determine if this company qualifies as a small business and the extent of small business participation in the subcontracting plan, if any.

Oversight & Accountability

The award was made by the Department of the Army, a component of the Department of Defense. Standard oversight mechanisms for defense contracts would apply, including performance monitoring and financial audits.

Related Government Programs

  • Apparel Accessories and Other Apparel Manufacturing
  • Department of Defense Contracting
  • Department of the Army Programs

Risk Flags

  • Potential for scope creep impacting final cost.
  • Dependence on Bethel Industries Inc. for critical system delivery.
  • Need for detailed performance metrics to ensure system effectiveness.
  • Limited information on the specific technological advancements of Gen II systems.

Tags

apparel-accessories-and-other-apparel-ma, department-of-defense, nj, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $18.2 million to BETHEL INDUSTRIES INC. MSV FAIR OPPORTUNITY # 0007 AWARD A DELIVERY ORDER FOR $18,190,125.00 WORTH OF MSV GEN II SYSTEMS.

Who is the contractor on this award?

The obligated recipient is BETHEL INDUSTRIES INC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $18.2 million.

What is the period of performance?

Start: 2024-08-22. End: 2025-07-03.

What is the specific functionality and strategic importance of the MSV Gen II Systems to justify the $18.19 million investment?

The strategic importance of the MSV Gen II Systems is crucial for understanding the value proposition. These systems likely play a critical role in military operations, potentially enhancing soldier survivability, operational efficiency, or intelligence gathering capabilities. Without specific details on their function, it's challenging to definitively assess if the $18.19 million represents optimal value. Further documentation on the system's capabilities and operational requirements would be needed.

What are the key performance indicators (KPIs) for the MSV Gen II Systems, and how will their successful implementation be measured to mitigate performance risks?

Key performance indicators for the MSV Gen II Systems would likely focus on reliability, durability, operational effectiveness in various environments, and integration capabilities with existing military infrastructure. Measuring success would involve rigorous testing protocols, field performance evaluations, and user feedback mechanisms. Mitigating performance risks requires clear contractual stipulations on quality standards, delivery timelines, and potential penalties for non-compliance, alongside proactive government oversight of the manufacturing and testing processes.

How does the $18.19 million award for MSV Gen II Systems compare to historical spending on similar or predecessor systems, and what is the projected return on investment?

Comparing the $18.19 million award to historical spending on similar or predecessor systems is essential for assessing value. If the Gen II systems offer significant technological advancements or improved performance metrics at a comparable or lower cost-per-unit than previous versions, it suggests good value. A formal return on investment (ROI) analysis would quantify the long-term benefits, such as reduced operational costs, enhanced mission success rates, or improved personnel safety, against the initial expenditure.

Industry Classification

NAICS: ManufacturingApparel Accessories and Other Apparel ManufacturingApparel Accessories and Other Apparel Manufacturing

Product/Service Code: CLOTHING, INDIVIDUAL EQUIPMENT, INSIGNA, AND JEWELRY

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: W91CRB20R0001

Offers Received: 5

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 3423 JOHN F KENNEDY BLVD, JERSEY CITY, NJ, 07307

Business Categories: Asian Pacific American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Minority Owned Business, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Financial Breakdown

Contract Ceiling: $18,190,125

Exercised Options: $18,190,125

Current Obligation: $18,190,125

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: W91CRB21D0005

IDV Type: IDC

Timeline

Start Date: 2024-08-22

Current End Date: 2025-07-03

Potential End Date: 2025-07-03 00:00:00

Last Modified: 2025-12-31

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