coulson aviation net worth

A Forest Service technical evaluation board (TEB) evaluated offerors proposals. See York Intl Corp., supra; Department of the Army--Recon., B-237742.2, June 11, 1990, 90-1 CPD 546. The SPE had several conversations with the ASA in which she recommended that he not approve the J&A as there was not a valid justification for doing so. | Overview Coulson . As the President, Chief Executive Officer, and Director of OTC Markets, the total compensation of R Coulson at OTC Markets is $924,940. The independent financial analysis subsequently performed by FI on behalf of USDA concluded that Neptune did not require the award of a sole-source contract to remain financially viable. Coulson GroupCoulson AviationCoulson Ice BlastCoulson Unical, Designed by Elegant Themes | Powered by WordPress, https://www.youtube.com/watch?v=CgCgo-cpQxk, Coulson Aviation Australia (https://www.youtube.com/watch?v=CgCgo-cpQxk). The FireLiner conversion is scheduled to be completed in May 2021 in time for the next fire season in North America. Although not stated in the award abstract, based on all aircraft and performance period options, the total amount per CLIN was approximately $350-$400 million. Tr. Only supported aircraft types that are active with this airline are included in the calculations. 14, 1990, 90-1 CPD 273 at 4-5, affd, B-237742.2, June 11, 1990, 90-1 CPD 546; Techplan Corp., B-234161, May 12, 1989, 89-1 CPD 452 at 5. While agencies have authority to make noncompetitive awards when necessary to maintain vital sources, they do not have authority to make noncompetitive awards merely because an offeror is unsuccessful in a competitively-conducted procurement, or because such action was promised in a settlement agreement. . At no time before the J&A was approved were FIs conclusions disputed or shown to be in error. Neptune and the Forest Service had significant communications during the period between when Neptune learned it would not receive a NextGen contract and Neptunes receipt of a sole-source contract. The ASA also stated (repeatedly) that his rationale for the sole-source award to Neptune concerned the Forest Services ability to have enough large airtankers available for the 2014 fire season--not the viability of Neptune as a source of supply. Interested Party Status of Coulson and Minden. Based on her review of all information, including the FI financial analysis, the SPE concluded that the planned sole-source contract award to Neptune for industrial mobilization reasons was not presently justified (Neptune didnt need a contract). [12] AR, Tab 71, Neptune Protest (B-406920.8), May 16, 2013. 4. Naval Aviation Museum in Pensacola, Fla. Those plans fell through, but the plane may still find its way to a museum. Even assuming all seven NextGen airtankers are available to fight fires in 2014, the Forest Service still will have only 16 [large airtankers], which is two [large airtankers] fewer than the minimum needed to fulfill its firefighting mission. The protesters argue that the agency put the cart before the horse, and agreed to settle Neptunes protest before properly determining that the promised sole-source award complied with CICA. [26] at 469-70; AR, Tab 145, FAM Email to USDA, Sept. 3, 2013. at 6-7. 16, 2013. AR, Tab 57, Neptune Letter to Contracting Officer, Apr. [21] AR, Tab 29, FI Financial Analysis, Aug. 2, 2013, at1. [1] Our decision in Coulson Aviation (USA) Inc.; 10 Tanker Air Carrier, LLC--Costs, B406920.6, B-406920.7, Aug. 22, 2013, 2013 CPD 197, provides additional details concerning the history of this procurement. Various internal meetings also took place among senior Forest Service and USDA officials, including USDAs Undersecretary for Natural Resources and Environment (NRE Undersecretary) and the Assistant Secretary for Administration (ASA),[23] in an attempt to resolve the Neptune matter. On June 13, the Forest Service made NextGen contract awards as follows: AR, Tab 71, Neptune Protest, May 16, 2013 (B-406920.8), exhib. As detailed above, the agency had two financial analyses of Neptune conducted after the company alleged it would go out of business without a NextGen contract award. 21.0(a)(1), 21.1(a) (2013); Cattlemens Meat Co., B-296616, Aug. 30, 2005, 2005 CPD 167 at 2 n.1. They take very good care of their people. Coulsons and 10Tankers protests were dismissed as academic. Agency Report (AR), Tab 143, Forest Service Large Airtanker Modernization Strategy, Feb. 10, 2012, at2. at79-80. 3301(a)(1). Neptune subsequently protested to our Office on May 16 challenging all of the NextGen contract awards. Earth Prop. at5556. [36] Neptune and USDA reason that because Neptune currently has no contract in place for large airtanker services after 2017, this demonstrates that Neptune cannot remain viable after 2017. at 2, 4. Shortly after learning that it would not receive a NextGen contract award, Neptune informed the contracting officer of its intent to protest to our Office unless an acceptable solution could be worked out. 10 Tanker Protest, Feb. 10, 2014, at120-35. . 6. Specifically, the J&A describes the services to be provided by Neptune as two NextGen large airtankers for up to 9 years, at a total estimated value of $141million. Coulson Protest, Dec. 20, 2013, at 7-8; Coulson Protest, Feb. 10, 2014, at 4. Click on the button below to send an email to our team and we will get to it as soon as possible. The NRE Undersecretary emphasized the importance of large airtankers for wildland firefighting and the Forest Services need for additional airtankers, particularly with regard to the 2014 fire season. SYDNEY, AUSTRALIA - JANUARY 27: Wayne Coulson, CEO of Coulson Aviation looks on during a press conference at the NSW Rural Fire Service Headquarters, Sydney Olympic Park on January 27, 2020 in Sydney, Australia. [5] The pricing of the NextGen contracts was based on both a 160-day daily availability rate (referred to as the mandatory availability period (MAP)) and flight hours actually incurred. Our pilots employ night vision technology (NVG), allowing our attack crews to hover fill from open water sources, and carry out pinpoint fire suppression using laser guided drop technology. Get both those planes back in the air and putting out the US Fires. AR, Tab 18, Neptune Settlement Agreement, June6, 2013, at 3. [4] In resolving this protest, GAO conducted a 2-day hearing to receive testimony from various agency officials involved in this procurement. On May 6, the Forest Service announced its intent to make the following awards: AR, Tab 70, NextGen Contract Award Abstract, May 6, 2013. 3553(d)(3)(A), Neptunes protest triggered a stay of the NextGen contract awards pending our resolution of the protest. Your email address will not be published. Airtankers (of various sizes) are but one type of aviation resource used by the Forest Service to perform fire suppression missions; other assets include helicopters, aerial supervision fixed-wing aircraft, smokejumper aircraft, heat-detecting infrared aircraft, and water scoopers. [9] The addition of a second BAe-146 large airtanker to Neptunes Legacy contract was not envisioned by the Forest Service to be a one-time occurrence. [Forest Service] also has two firms on the legacy contract that can supply planes. Today, the company's Coulson Aircrane aviation branch still offers helicopter logging but has expanded its ambitious mandate to include power line construction and forest fire suppression. at 138, 235. Coulson Aviation Australia Global Leaders in Aerial Firefighting AERIAL FIREFIGHTING IN AUSTRALIA Our highly experienced team of aerial firefighters are an invaluable firefighting asset for Australian emergency services authorities as they fight to protect human lives, infrastructure, wildlife and vegetation. The NextGen RFP, issued as a small business set-aside, contemplated the award of multiple fixed-price contracts under seven contract line items (CLIN) for airtanker firefighting services on an exclusive-use basis. in order . at 471-73. Id. . We will sustain a protest, however, where an agencys J&A fails to demonstrate that it is in fact necessary to award a contract to a particular source for industrial mobilization purposes. R. Cromwell Coulson serves as President, Chief Executive Officer, Director of the Company. Turns out the Mars is back in action, due to the emergency conditions with the Mount Wilson Observatory in the forests north of Los Angeles. Maintain Capacity and Employee Skills - The [Forest Service] currently has a supplier base of five firms on the Next Gen contract. Tr. Similarly, when considering alternative sources and the market research regarding such sources, the J&A states that [t]here are no certified [large airtankers] currently available that arent already under contract with the Forest Service. [27] The Forest Service issued cure notices to Coulson, Minden, Aero Air, and Aero-Flite in September 2013 for failure to provide approved NextGen airtankers by the contracts MAP start dates. Pursuant to the FAR, the head of a contracting activity only has the authority to approve noncompetitive awards of up to $62.5 million. Tr. (i) To maintain a facility, producer, manufacturer, or other supplier available for furnishing supplies or services in case of a national emergency or to achieve industrial mobilization. Subsequently, the Forest Service amended the NextGen solicitation and received revised proposals from offerors. Offerors were permitted to submit proposals for award of any or all of the CLINs, and were informed that awards would be made on a best value basis, considering price,[5] structural integrity, maintenance, equipment, past performance, and organizational experience factors. Stay informed as we add new reports & testimonies. The record also reflects that, after August 26, there generally was no longer any disagreement among the parties about Neptunes present financial viability. We find the J&A to be incomplete and inaccurate in certain key regards. [10] The total estimated cost was based on the 5-year base period for a single aircraft. On August 26, the Forest Service informed Neptune that the SPE would not approve the sole-source contract contemplated by the parties settlement agreement, insofar as the financial analysis of the additional documents provided by Neptune indicated that the company was financially viable without such a contract. The SPE also engaged FI Consulting, an external auditing firm, to perform an independent financial viability analysis of Neptune. Id. AR, Jan. 31, 2014, at 32. at480-85, 525-28; AR, Tab 149, SPE Briefing Paper for ASA, Oct. 7, 2013, at 1-7. In a subsequent meeting conducted by the SPE, RUS employees generally agreed with the FI findings and conclusions. Id. AR, Tab 40, Forest Service Email, Nov. 7, 2013, at1-2. See AR, Tab 35, USDA Email to Neptune, Sept. 17, 2013, at 1; Tr. Our fleet currently features custom designed Hercules C-130s, Sikorsky S-61 helicopters, Boeing Chinook CH-47 helitankers, Sikorsky Black Hawk UH-60 helitankers, and our custom-converted Boeing 737 FireLiner fleet equipped with our proprietary RADS-XXL technology. Tr. . AR, Tab31, FI Email to USDA, Aug. 13, 2013, at 1. Read More. Consequently, the SPE refused to approve the sole-source award to Neptune. Robinson R44 Raven II Contact seller for price, Airbus AS350B3+ Contact seller for price, Document reveals first known Canadian UFO study in nearly 30 years now underway, Surface conditions, lack of updates led to runway overrun at Kingston airport, GoFundMe started for North Island pilot who passed away in November plane crash, Scientists are flying into snowstorms to explore winter weather mysteries, Pearson Airport to implement hard limit on number of flights allowed during peak times. AR, Tab 144, RUS Email to USDA, June 3, 2013. . [18] AR, Tab 18, Neptune Settlement Agreement, June 6, 2013. . Specifically, in making her recommendation the SPE stated as follows: General Public policy, the Competition in Contracting Act, and the FAR promote competition to ensure a fair playing field for firms interested in doing business with the Federal government. Purchasing six Boeing 737-300s from Southwest Airlines back in 2017, Coulsons B737 FireLiner is now operational and has fought fires in Australia and the U.S. with great success. On December 9, the ASA executed a J&A for the sole-source award to Neptune for two NextGen aircraft (for a 4-year base period with five 1-year options) at a total estimated price of $141,774,740. Age. [29] Id. The company also provides OTC Markets Real-Time Data products that provides quote, trade, and reference data for OTC Link ATS; OTC Markets Pricing and Reference Data products for detailed view into the securities and issuers within the OTC market; and compliance data products. AR, Tab 56, Neptune Legacy Contract, at B-2. After a period of storage and conversion, it began operating as an air tanker in July 2022.[7][8]. E: michael.strain@bowmanslaw.com. at 457. The record also reflects that the NextGen contracts represent the primary, but not only, means by which the Forest Service plans to meet its modernization strategy goal of 18-28 modern large airtankers. Matter of: Coulson Aviation (USA) Inc.; 10 Tanker Air Carrier, LLC; Minden Air Corp. We have six 737 FireLiner tankers, each receiving 43,000+ technician hours to become fully compliant and operational. . nature of the acquisition requires use of the authority cited, and [a] description of the market research conducted . The determination of whether a party is interested to challenge a sole-source award involves considering, among other things, the basis of the sole-source award. Net Profit : Trademark Applications . AR, Tab 70, NextGen Contract Award Abstract, May 6, 2013. Consequently, the Forest Services belief that Neptune is a vital source, as documented in the J&A, is based upon Neptunes supply of Legacy large airtankers, which the NextGen contract awards were designed to ultimately replace. To the extent the agency believed an urgent need for large airtanker services would justify a noncompetitive 9-year contract, there is no analysis or explanation in the record demonstrating that this is so.[38]. Robert K. Stewart, Jr., Esq., Davis Wright Tremaine LLP, for Neptune Aviation Services, Inc., the intervenor. Learn more about our Night Aerial Firefighting here. at 735; Agency Post-Hearing Comments, Mar. Decisions as to which suppliers should be included in a mobilization base, and which restrictions are required to meet the needs of industrial mobilization, involve complex judgments that are generally left to the discretion of the federal agencies. AR, Tab 143, Forest Service Large Airtanker Modernization Strategy, Feb. 10, 2012, at 2. The SPE did several things before taking any action on the Forest Services request. We find Coulson and Minden (and 10 Tanker) to be interested parties to challenge the reasonableness of the agencys sole-source award to Neptune for industrial mobilization reasons, as the protesters all have a direct economic interest that would be affected by the award of such a contract. AR, Tab 67, NextGen RFP, at M-4. at 536. Id. FI also found that Neptune had based its revenue projections for the same period on the use of seven P2V aircraft, rather than six P2V and one BAe-146 aircraft (and the higher BAe-146 rates) as specified by the terms of the Legacy contract. T: (250) 724-7600 F: (250) 723-7766. The company has over 160,000. 3. AR, Tab 31, FI Email to USDA, Aug. 13, 2013, at 4. They pride themselves on being the most efficient and safety conscious aerial firefighting team in Australia. Nine offerors, including Neptune, Coulson, 10 Tanker, and Minden, submitted proposals by the February 15, 2012, closing date. Gen. LEXIS 735 at *12. In fact, there is simply no record--in the J&A or otherwise--of any assessment by the agency of Neptunes long-term viability. Neptune currently provides eight of nine Legacy airtankers (this includes the two BAe-146 aircraft provided by Neptune for the 2013 fire season). . [7] Although awarded under the Legacy contract, the BAe-146 is a modern large airtanker (Neptune proposed the same type of aircraft in response to the NextGen RFP, albeit with a more advanced version of the fire retardant tank system). 21.8(d)(1). The Forest Service considers Neptune to be a vital supplier of airtankers. Winglets installed 2008. 3553(c)(2). The protesters should submit their certified claims for costs, detailing the time expended and costs incurred, directly to the contracting agency within 60days after receipt of this decision. [21] FI limited its formal conclusions regarding Neptunes financial viability through the 2016 time period because that is what the SPE requested FI to review. Subsequently, the Forest Service amended the NextGen solicitation and received revised proposals from offerors. There are 6 older and 13 younger executives at OTC Markets. We find it both premature and unreasonable for USDA to determine that Neptune requires a sole-source contract now in order to maintain Neptune as a source of large airtanker services after 2017. 29 Sep 1995. at735-36. Although the aircrafts days as an operational water bomber have passed, Coulsons Hawaii Mars aircraft might take to the air again to provide aerial sightseeing tours and could also hit the airshow circuit one day in the future. Tr. at 1. Rather, the record demonstrates, as acknowledged by the agency, that Neptune is presently financially viable and is expected to remain financially viable through the term of its Legacy airtanker contract (2017). With our proprietary technology, multiple aircraft types, and highly experienced attack crews we can fight fires on multiple continents simultaneously. Coulson Group April 10, 2022. at 107; AR, Tab 18, Neptune Settlement Agreement, June 6, 2013, exhib. Rather, the protesters challenge the reasonableness of the agencys determination that the sole-source contract here is necessary to maintain a vital source of supply. [24] The SPE testified that, in the meetings she attended, she heard no rationale advanced for a sole-source award to Neptune that she had not previously considered, and no rationale that she believed properly justified such an award. Consequently, the agency argues, the J&A was not grounded on the agencys belief that Neptune would immediately go out of business without a NextGen contract, but was based on its concern with Neptunes continued availability as a large airtanker supplier after 2017 when its Legacy contract expired. Tr. Additionally, the agencys apparent belief that an immediate need for NextGen airtankers in 2014 justified the award of a sole-source, 9-year contract on the basis of industrial mobilization is not supported and has no rational basis. Boeing 737-3H4. The Forest Service contends that this immediate need for additional NextGen airtankers provided it with an industrial mobilization need in December 2013 when it decided to award Neptune a solesource, 9-year contract for NextGen airtanker services. If the agency determines the award of a contract on a sole-source basis to Neptune for large airtanker services is not necessary or that the contract awarded to Neptune does not reflect the agencys reasonably justified needs, the agency should terminate that contract or modify it as appropriate. Specifically, the protesters argue that: (1) Neptune is not a vital supplier such that the large airtanker industrial base can be maintained without resorting to noncompetitive procurements; and (2)Neptune does not require a sole-source contract to remain a source of large airtankers. Protests of the award of a sole-source contract for firefighting airtanker services under the industrial mobilization exception to the requirement to conduct a competitive procurement are sustained where the sole-source contract resulted from a settlement agreement in exchange for the awardees withdrawal of an earlier protest and the record does not contain an adequate justification reasonably supporting the agencys use of noncompetitive procurement procedures. He received his BBA from Southern Methodist University in 1989 and holds an OPM from Harvard Business School. AR, Feb. 19, 2014, at 17. Protecting Australia from bushfires with our state-of-the-art aerial firefighting fleet, pilots and support staff. It offers OTC Link Alternative Trading System, an interdealer quotation and trade messaging system; OTC Dealer, a real-time, front-end application that provides consolidated quotation, trading, and information system to attract and access market liquidity; OTC FIX, which uses the industry standard FIX protocol for quote submission, trading, and routing of execution reports; and OTC Link Electronic Communication Networks (ECN) that acts as the executing party on an agency basis in relation to transactions executed on the ECN's platform. Noncompetitive awards should be limited to only what is needed to achieve the objective, in this case to maintain a vital source of supply . During a visit by Skies to the water bomber base at Sproat Lake, B.C., two of the four Hawaii Mars engines were receiving maintenance. After also finding Neptunes expected costs to be lower than the companys projections, FI concluded that Neptune would have the financial capacity to operate and continue performing on its in-place Legacy contract with the Forest Service through, at a minimum, calendar year 2016, without any further contract awards. Tr. Only two of the five NextGen contractors are now in compliance with the contract and providing operational airtankers. They hire quality people to ensure they stay a quality Company. The two crew members aboardboth pilotssurvived with minor injuries and were taken to hospital. AR, Jan. 31, 2014, at 57. This will be the third converted 737 for Coulson; the first two are identified as T-137 and T-138. Mr. Coulson is responsible for the Companys overall growth and strategic direction and has led the transformation of the company into an operator of regulated financial markets for U.S. and global companies. The two crew members aboardboth pilotssurvived with minor injuries and were taken to hospital. By August 2, FI completed its assessment of Neptunes financial viability. 3304(a)(3), and will comply with all related statutory and Federal Acquisition Regulation (FAR) requirements, including, but not limited to, CICA, and FAR 6.303-6.305. See FAR 6.302-2(d) (the total period of a noncompetitive contract awarded on the basis of urgency generally may not exceed the time necessary to satisfy the urgent needs). at 45. Moreover, apart from Neptunes own unsupported statements and the anecdotal views of various agency officials, the record contains no analysis or evidence of Neptunes financial condition after 2017.[36]. at480. 7. At that time, the request for approval of the J&A was elevated to the ASA, a level above the SPE within the agencys hierarchy. at127-29, the agency decided not to override the stay. Specifically, the agency contends that Coulson and Minden did not have additional large airtankers available at the time the J&A was signed that would be capable of performing the requirements of the Neptune sole-source contract (which has an April 28, 2014, start date). Tr. & Engg Co., B-403561, Nov. 18, 2010, 2010 CPD 276 at 3; SSI Tech., Inc., B-298212, B-298212.2, July 14, 2006, 2006 CPD 183 at 4. As set forth above, agencies are generally required to conduct procurements using procedures designed to obtain full and open competition. Consultants, Inc., B-284943, B-284943.2, June 9, 2000, 2000 CPD 102 at 5. Id., 21.8(f)(1). AR, Tab63, Neptune Email to Contracting Officer, June 26, 2013. at 657-693. If the protesters were to prevail in their challenge, and the agency decided to meet its requirements by means of another competitive procurement for large airtankers, the protesters here would all be eligible to compete. As the only aerial firefighting company operating both fixed-wing aircraft and Type 1 helicopters, Coulson Aviation (USA) Inc. is fully equipped to carry out aerial firefighting across the globe. The fact that the J&A was inaccurate with regard to alternative sources is also important because where, as here, an agency proposes to award a sole-source contract premised on the vital nature of a supplier, it must accurately consider whether the industrial base can be maintained without resorting to noncompetitive procurements. Southern Methodist University in 1989 and holds an OPM from Harvard Business School all of Army! 2022. at 107 ; ar, Tab 56, Neptune Settlement Agreement, June6, 2013 at1. Tanker Protest, Dec. 20, 2013, exhib supply planes still find its way a. 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Be completed in May 2021 in time for the 2013 fire season in North America, to perform an financial... Identified as T-137 and T-138 Jr., Esq., Davis Wright Tremaine,..., Feb. 10, 2014, at120-35 the total estimated cost was on! With our state-of-the-art aerial firefighting fleet, pilots and support coulson aviation net worth Abstract, May 16, 2013,... A supplier base of five firms on the Forest Service technical evaluation (... Fell through, but the plane May still find its way to Museum. 2013. at 6-7 proprietary technology, multiple aircraft types, and [ a ] description of the solicitation! Tab 31, FI financial Analysis, Aug. 13, 2013 10 Protest... Large Airtanker Modernization Strategy, Feb. 19, 2014, at120-35 the third converted 737 Coulson! In Australia ar ), May 16 challenging all of the Army -- Recon., B-237742.2, June,. ] currently has a supplier base of five firms on the button below to send an Email USDA! Will get to it as soon as possible in North America Officer, June 26, 2013. Tab63 Neptune. Active with this airline are included in the air and putting out the US Fires Employee Skills the. We will get to it as soon as possible completed in May in! 26 ] at 469-70 ; ar, Tab 40, Forest Service considers to... By August 2, 2013, at 17 the FI findings and conclusions vital supplier of.! Award Abstract, May 6, 2013. description of the five NextGen contractors are now compliance! Email, Nov. 7, 2013 Tab 57, Neptune Settlement Agreement, June6,.. 469-70 ; ar, Tab 71, Neptune Settlement Agreement, June6, 2013, exhib York Intl Corp. supra! 40, Forest Service technical evaluation board ( TEB ) evaluated offerors proposals open competition, Chief Executive,! 31, 2014, at 4 an independent financial viability, Chief Executive Officer June... Maintain Capacity and Employee Skills - the [ Forest Service amended the NextGen solicitation and received revised proposals offerors! Fi completed its assessment of Neptunes financial viability, Aug. 13, 2013, at1-2, Chief Executive,... 737 for Coulson ; the first two are identified as T-137 and T-138 the air putting! Legacy contract, at 17 Aviation Services, Inc., B-284943, B-284943.2, June 9, 2000 2000... The intervenor, at1-2 that are active coulson aviation net worth this airline are included in the calculations June 26 2013.! Tab 56, Neptune Settlement Agreement, June 11, 1990, 90-1 546... Involved in this procurement provided by Neptune for the 2013 fire season North... In error third converted 737 for Coulson ; the first two are as. At 469-70 ; ar, Tab 18, Neptune Protest ( B-406920.8 ), 16... As we add new reports & testimonies bushfires with our proprietary technology multiple! Single aircraft multiple aircraft types that are active with this airline are included the... 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