DoD Awards Vertex Aerospace $122M Aircraft Maintenance Contract Amidst Full and Open Competition

Contract Overview

Contract Amount: $122,389,153 ($122.4M)

Contractor: Vertex Aerospace LLC

Awarding Agency: Department of Defense

Start Date: 2015-10-01

End Date: 2020-09-30

Contract Duration: 1,826 days

Daily Burn Rate: $67.0K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: COST NO FEE

Sector: Defense

Official Description: IGF::CT::IGF T-45 U.S.N. AIRCRAFT MAINTENANCE AND LOGISTICS SUPPORT (CLS)

Place of Performance

Location: MADISON, MADISON County, MISSISSIPPI, 39110

State: Mississippi Government Spending

Plain-Language Summary

Department of Defense obligated $122.4 million to VERTEX AEROSPACE LLC for work described as: IGF::CT::IGF T-45 U.S.N. AIRCRAFT MAINTENANCE AND LOGISTICS SUPPORT (CLS) Key points: 1. Contract value of $122.4M awarded to Vertex Aerospace LLC for aircraft maintenance and logistics. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. The contract duration is 5 years, ending September 30, 2020. 4. The contract falls under 'Other Support Activities for Air Transportation' (NAICS 488190).

Value Assessment

Rating: fair

The contract type is Cost No Fee, which can lead to cost overruns if not managed carefully. Benchmarking against similar contracts is difficult without more detailed cost breakdowns.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating multiple bidders were considered. This method generally promotes price discovery and competitive pricing.

Taxpayer Impact: Taxpayer funds were utilized through a competitive process, aiming for value for money in aircraft maintenance and logistics support.

Public Impact

Ensures operational readiness of U.S. Navy aircraft through essential maintenance and logistics. Supports Vertex Aerospace LLC, a key contractor in the defense sector. Impacts the broader aerospace and defense industry through government procurement.

Waste & Efficiency Indicators

Waste Risk Score: 67 / 10

Warning Flags

  • Cost No Fee contract type may lack cost control incentives.
  • Limited visibility into specific performance metrics and potential cost efficiencies.

Positive Signals

  • Awarded through full and open competition, promoting market fairness.
  • Supports critical defense logistics and maintenance operations.

Sector Analysis

This contract falls within the aerospace and defense sector, specifically focusing on aircraft support services. Spending benchmarks for similar logistics and maintenance contracts can vary significantly based on aircraft type and service scope.

Small Business Impact

The data does not indicate any specific provisions or set-asides for small businesses in this contract award. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

Oversight is likely managed by the Defense Contract Management Agency (DCMA). The 'Cost No Fee' structure necessitates robust oversight to ensure contract objectives are met without excessive cost to the government.

Related Government Programs

  • Other Support Activities for Air Transportation
  • Department of Defense Contracting
  • Defense Contract Management Agency Programs

Risk Flags

  • Cost No Fee contract type
  • Lack of detailed performance metrics
  • Limited visibility into cost drivers
  • Potential for cost overruns without strong oversight

Tags

other-support-activities-for-air-transpo, department-of-defense, ms, delivery-order, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $122.4 million to VERTEX AEROSPACE LLC. IGF::CT::IGF T-45 U.S.N. AIRCRAFT MAINTENANCE AND LOGISTICS SUPPORT (CLS)

Who is the contractor on this award?

The obligated recipient is VERTEX AEROSPACE LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $122.4 million.

What is the period of performance?

Start: 2015-10-01. End: 2020-09-30.

What specific maintenance and logistics services are included under this contract, and how do they align with the $122M budget?

The contract details are for 'Aircraft Maintenance and Logistics Support.' While the total award is $122.4M, specific service breakdowns are not provided in this summary. A detailed review of the contract's Statement of Work (SOW) would be necessary to understand the scope of services and how the budget is allocated across maintenance tasks, parts, labor, and logistical operations.

What are the potential risks associated with a 'Cost No Fee' contract for aircraft maintenance, and how are they mitigated?

A 'Cost No Fee' contract carries the risk of the contractor not being incentivized to control costs, potentially leading to overspending. Mitigation relies heavily on strong government oversight, detailed performance metrics, and clear contract terms to ensure the government receives the required services at a reasonable cost, even without a direct profit motive tied to cost efficiency.

How does the performance of Vertex Aerospace LLC on this contract compare to industry benchmarks for aircraft maintenance and logistics support?

Without specific performance data (e.g., on-time delivery, quality of work, cost variance), it's impossible to benchmark Vertex Aerospace's performance. Industry benchmarks for aircraft maintenance are highly variable, depending on the aircraft type, complexity of maintenance, and specific support requirements. A comparative analysis would require access to performance reports and cost data from similar contracts.

Industry Classification

NAICS: Transportation and WarehousingSupport Activities for Air TransportationOther Support Activities for Air Transportation

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENTMAINT, REPAIR, REBUILD OF EQUIPMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N0001912R0001

Pricing Type: COST NO FEE (S)

Evaluated Preference: NONE

Contractor Details

Parent Company: Vertex Aerospace Services Corp. (UEI: 081292432)

Address: 555 INDUSTRIAL DR S, MADISON, MS, 39110

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

Financial Breakdown

Contract Ceiling: $122,389,153

Exercised Options: $122,389,153

Current Obligation: $122,389,153

Subaward Activity

Number of Subawards: 38

Total Subaward Amount: $6,017,826

Contract Characteristics

Consolidated Contract: Yes

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N0001914D0011

IDV Type: IDC

Timeline

Start Date: 2015-10-01

Current End Date: 2020-09-30

Potential End Date: 2020-09-30 00:00:00

Last Modified: 2021-09-27

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