Senate Panel Blasts $295 Billion Of Cost Overruns In Pentagon Programs; That Equals More Than 16 Times NASA Budget, About 30 Times More Than MDA Budget The National Polar-orbiting Operational Environmental Satellite System (NPOESS) is an example of problem procurement programs, specifically afflicted with "unrealistic performance expectations," Sen. Carl Levin, chairman of the Senate Armed Services Committee, said. NPOESS was one of four especially troubled programs that Levin cited as he opened a hearing where he lashed out at acquisitions…
Contract Updates
Chandler Construction Services Inc. (Ninety Six, South Carolina) – $16,471,000
Chandler Construction Services Inc., Ninety Six, South Carolina, was awarded a $16,471,000 firm-fixed-price contract for the furnishing, installing, and placing into successful operation of water main pipe. The amount of this action is $16,471,000. Bids were solicited via the internet…
M1 Support Services LP (Denton, Texas) – $68,822,271
M1 Support Services LP, Denton, Texas, was awarded a $68,822,271 modification (P00206) to contract W9124G-17-C-0104 for Army and Air Force aviation maintenance. The modification brings the total cumulative face value of the contract to $5,522,349,151. Work will be performed at…
Lake Union Drydock Co. (LUDC) (Seattle, Washington) – $12,683,144
Lake Union Drydock Co.* (LUDC), Seattle, Washington, is awarded a $12,683,144 firm-fixed-price contract for the maintenance, repair and preservation of YTT-10 (YTT-9 Cape Flattery-class torpedo trials craft) service life extension program. This contract includes options which, if exercised, would bring…
Innovative Professional Solutions Inc. (Panama City Beach, Florida) – $13,631,598
Innovative Professional Solutions Inc.,* Panama City Beach, Florida, is awarded a $13,631,598 firm-fixed price/cost-only contract for fabrication and installation of minesweeping winches. This contract includes supplies for the government of the Republic of Korea (100%) under the Foreign Military Sales…