coulson aviation net worth

18, 2014, at 28. One such example was the difference in Neptunes revenue projections detailed above. Agency Post-Hearing Comments, Mar. 2020 at 464. Your email address will not be published. In addition to its current Legacy contract (including options for more airtankers being placed under the Legacy contract), Neptune is not precluded from competing on work--Forest Service or otherwise--in the coming years. See AR, Tab 22, Contracting Officer Letter to RUS, June 25, 2013. [28] See AR, Tab 49, Neptune J&A, Dec. 9, 2013, at 1-6. Your email address will not be published. Competition encourages innovation and lower prices. | Overview Coulson . AR, Tab 69, TEB Report, Apr. Neptune Comments, Feb.24, 2014, at 3-5, citing AR, Tab 150, Neptune Financial Assumptions, May 29, 2013 ([b]ased on denial of contracts under the Next Generation Airtanker Services Solicitation, Neptune is now faced with extinction after the expiration of the Legacy Contracts). [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. and the results or a statement of the reason market research was not conducted. FAR 6.303-2(b)(3), (5), (8). 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. 18, 2014, at 5. 2 Future records only include new-built aircraft close to delivery and expected second-hand deliveries. 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. Coulson Aviation Australia currently operates a number of New South Wales Rural Fire Service-owned aircraft andmanages all maintenance and fleet support systems for those RFS aircraft in Australia. AR, Tab 67, NextGen RFP, at B-1. AR, Tab63, Neptune Email to Contracting Officer, June 26, 2013. On March 27, 2013, the Forest Service awarded Neptune a Legacy contract for five P2V aircraft for 5-years, and for one P2V and one BAe-146[7] aircraft for a base year with four option years, at a total estimated price of $180,252,600. Tr. See AR, Tab 35, USDA Email to Neptune, Sept. 17, 2013, at 1; Tr. The record also reflects that, after August 26, there generally was no longer any disagreement among the parties about Neptunes present financial viability. Experience. They pride themselves on being the most efficient and safety conscious aerial firefighting team in Australia. The company will do the same . The FireLiner conversion is scheduled to be completed in May 2021 in time for the next fire season in North America. AR, Tab 143, Forest Service Large Airtanker Modernization Strategy, Feb. 10, 2012, at 2. By August 2, FI completed its assessment of Neptunes financial viability. DOCUMENT FOR PUBLIC RELEASE Global Leaders in Aerial Firefighting Coulson Aviation (Coulson Aircrane Ltd.) is a privately owned family company based in Port Alberni, British Columbia, Canada. Interested Party Status of Coulson and Minden. bid protest [challenging the award or performance of the Neptune contract] with no less vigor than that applied in any other bid protest filed against it. 41 U.S.C. [27] He received his BBA from Southern Methodist University in 1989 and holds an OPM from Harvard Business School. Id. at 2; Tab 146, Neptune CEO Email to FAM, Sept. 23, 2013; Tab 147, FAM Email to Forest Service Chief, Oct. 4, 2013. at45253. [13] The FAM is the Forest Service program office that determines what aviation resources are needed to fulfill the agencys firefighting mission. [33] Id. Tr. [a] description of the supplies or services required to meet the agencys needs (including the estimated value), [a] demonstration that the . Tr. He received his BBA from Southern Methodist University in 1989 and holds an OPM from Harvard Business School. Earth Prop. Tr. Although the Forest Service had significant concerns about its ability to adequately respond to the 2013 fire season without the protested NextGen large airtankers being available, see Tr. [9] AR, Tab61, Neptune Legacy Contract Mod. By contrast, Neptune did not provide any detail with its cost projections to RUS, so it is unclear if fuel is included, or if government reimbursement is considered. Id. Id. Neptune has supplied Next Gen type planes on the existing legacy contract and others could be added provided it is within the scope of that contract. Tr. Prior to OTC Markets Group, he was a trader and portfolio manager at Carr Securities Corporation, an institutional broker-dealer and market maker. at 1. Accordingly, while the J&A may demonstrate that the Forest Service needs more large airtanker services than it currently has under contract, the J&A completely fails to demonstrate that Neptune must be the supplier of such services or that Neptune currently requires a 9-year sole-source contract to keep it in business as a vital supplier for the agencys post-2017 needs. AR, Tab 148, Neptune Settlement Contract Offer, Oct. 31, 2013. Coulson Protest, Feb. 10, 2014, at 55. 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. at 466-67. R Coulson is 53, he's been the President, Chief Executive Officer, and Director of OTC Markets since . The SPE made a series of requests of the Forest Service for additional information, including Neptunes financial statements and balance sheets, Neptunes Legacy contract, and documents related to the NextGen procurement. . In addition, it offers OTC Disclosure & News Service for publishing and distributing data, news, and financials; Real-Time Level 2 Quotes that gives investors access to real-time bid- ask information and depth of book; Blue Sky Monitoring Service for analysis, review, and guidance about a company's compliance with the United States securities laws; and Virtual Investor Conferences, which allows issuers to communicate and engages with investors, as well as operates the OTCQX Best Market OTCQB Venture Market, and Pink Open Market. Neptune, however, rejected all offers that differed materially from the terms of the parties settlement agreement. AG-024B-C-14-9000 to Neptune Aviation Services, Inc., of Missoula, Montana, by the Department of Agriculture (USDA), U.S. Forest Service, for next generation (NextGen) large airtanker services for wildland firefighting support. Please refer to the current fleet list to see each aircraft's individual age. Rather, the ASA believed there existed a professional disagreement between her view and his regarding the matter, and that the SPEs procurement expertise did not extend to understanding the Forest Services firefighting mission. [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. nature of the acquisition requires use of the authority cited, and [a] description of the market research conducted . Coulson and Minden respond that they are interested parties to protest here because they have a direct economic interest that would be affected by the award of a sole-source contract to Neptune. AR, Jan. 31, 2014, at 32. Tr. In fact, the ASA testified that the agency plans to conduct additional competitions in the coming years under which Neptune is eligible to compete and could receive awards. Nothing in the record refutes FIs conclusions, nor is there any evidence to suggest that Neptune intends to go out of business now merely because its future prospects appear uncertain. [10] The total estimated cost was based on the 5-year base period for a single aircraft. (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. AR, Jan. 31, 2014, at 9 n.7; Tr. Nine offerors, including Neptune, Coulson, 10 Tanker, and Minden, submitted proposals by the February 15, 2012, closing date. The FireLiner conversion is scheduled to be completed in May 2021 in time for the next fire season in North America. Ever innovative and creative, Coulson Aviation has established night firefighting operations in Australia and California. 18, 2014, at7. The agency admits, however, that ultimately it concluded there was no concern with Neptunes present viability, but only with its viability after 2017. 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. [31] The agency points to the fact that the NextGen contracts include exclusive-use restrictions, such that the large airtankers that Coulson and Minden each already have under NextGen contract cannot also be offered to meet additional agency requirements. We are world leaders in aerial firefighting innovation, providing meticulously serviced aircraft in order to safely and efficiently attack fires 24/7. Planespotters.net 2023. Foster Coulson of Coulson Aviation said, A brand new technology package will be installed before [the aircraft] go to work. The aircraft will receive upgrades to their cameras and mission systems, as well as new liveries. The protesters also point to the fact that the only legitimate financial analysis conducted (the analysis by FI) demonstrated that Neptune did not require a sole-source contract to remain viable, as recognized by the agencys SPE, who refused to approve the J&A. [39] This is significant because where, as here, an agency proposes to award a sole-source contract under the industrial mobilization exception to the general competition requirements, the amount being ordered must meet--not exceed--the objectives of this authority. 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. Executive Candidate Assessment and Development Program. . Canada V9Y 8E9. In this case, we have a competitive field and recently awarded multiple contracts on a competitive basis to five firms from a pool of eight firms that submitted proposals on the solicitation. Id. at 700. 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. 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. AR, Tab 40, Forest Service Email, Nov. 7, 2013, at1-2. Jonathan D. Shaffer, Esq., John S. Pachter Esq., Mary Pat Buckenmeyer, Esq., and Rhina M. Cardenal, Esq., Smith Pachter McWhorter PLC, for Coulson Aviation (USA) Inc.; Thomas P. Humphrey, Esq., James G. Peyster, Esq., Olivia L. Lynch, Esq., Derek R. Mullins, Esq., and Robert J. Sneckenberg, Esq., Crowell & Moring LLP, for 10 Tanker Air Carrier, LLC; and Peter B. Hutt II, Esq., and Joseph W. Whitehead, Esq., Akin Gump Strauss Hauer & Feld LLP, for Minden Air Corp., the protesters. 4890 Cherry Creek Road Port Alberni, B.C. at 441, 451; AR, Tab24, SPE Email to AQM Requesting Additional Neptune Information, July12, 2013, at 1-2. With contracts for aerial firefighting across the world, the work of the Coulson Aviation team has been featured in the aviation industry and media recently. Consequently, the SPE refused to approve the sole-source award to Neptune. In sum, while the agency may not have entered into a settlement agreement promising to disregard applicable procurement statutes and regulations, the agencys subsequent decision to award a sole-source contract to Neptune so as to comply with the terms of the settlement agreement and avoid a Neptune-threatened lawsuit was without a reasonable basis. However, FI also expressed its opinion to the SPE that Neptune remained viable (without a sole-source award) through the end of its Legacy contract (2017). Canada V9Y 8E9. 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. See Hearing Transcript (Tr.) AR, Tab29, FI Financial Analysis, Aug. 2, 2013, at 1-3. It was retired by Southwest in August 2017, and transferred to Coulson Aviation later that month. at658), the agency acknowledges that the 9-year, sole-source contract awarded to Neptune was based on the industrial mobilization exception to CICA. Read More. 41 U.S.C. 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. AR, Tab 70, NextGen Contract Award Abstract, May 6, 2013. See 41 U.S.C. 27.4 Years. 001, May 15, 2013, at B-21. In my time with Coulson I haven't seen them skimp or cut corners anywhere. at 657-693. [vital] supplier . 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). Critical to this justification are the following facts: 1. Following the evaluation of initial proposals, the agency submitted a number of questions to the offerors. [25] AR, Tab 49, Neptune J&A, Dec. 9, 2013, at 1. Learn more about our Night Aerial Firefighting here. [15] Neptune also submitted various documents (e.g., business plan, historical balance sheets and cash flow statements) with its financial projections. Coulson's and 10 Tanker's protests were dismissed as academic. AR, Tab31, FI Email to USDA, Aug. 13, 2013, at 1. 3304(a)(3)(A) (2006), which provides for a noncompetitive award to a particular source to maintain that supplier for a national emergency or to achieve industrial mobilization. And the results or a statement coulson aviation net worth the parties Settlement agreement the authority cited, Director! Neptune Email to USDA, Aug. 2, 2013, at 32 Neptune was on. Cost was based on the industrial mobilization exception to CICA NextGen Contract Abstract! 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