coulson aviation net worth

FAR 6.302-2(c)(2). Further, USDA argues the fact that Neptune would not have Legacy-contract revenues after 2017 was so obvious as to not warrant any business analysis focused on the years after 2017. Agency Post-Hearing Comments, Mar. [13] The FAM is the Forest Service program office that determines what aviation resources are needed to fulfill the agencys firefighting mission. 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. 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. Address: 9047 6th Street Great Bend, KS 67530-9770 United States of America Telephone: 620-796-2130 623-293-2038 Email: ryan.coulson@fly-kansas.com 3304(e); FAR 6.302-3(c), 6.303, 6.304; Sabreliner Corp., B-288030, B-288030.2, Sept. 13, 2001, 2001 CPD 170 at5. Determining whether a party is interested involves consideration of a variety of factors, including the nature of the issues raised, the benefit or relief sought by the protester, and the partys status in relation to the procurement. Consultants, Inc., B-284943, B-284943.2, June 9, 2000, 2000 CPD 102 at 5. 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. at 700. Following a May 21 meeting between Neptunes CEO, Forest Service FAM and AQM Directors and staffs, and USDA counsel, the parties engaged in a series of settlement discussions concerning the Forest Services noncompetitive award of a NextGen contract to Neptune pursuant to FAR 6.302-3 (industrial mobilization) in exchange for Neptune withdrawing its May 16 protest. These specific C550s were originally modified and equipped with military fire-control radar, sophisticated infrared cameras, custom instrument panels and law enforcement communication packages. 10 Tanker Protest, Feb. 10, 2014, at120-35. AR, Tab 67, NextGen RFP, at B-1. Only supported aircraft types that are active with this airline are included in the calculations. "It's going to be a newer generation Skycrane tank," Britt Coulson said, adding that the tank in the Chinook can be removed in a two-hour time period. E: michael.strain@bowmanslaw.com. R. Cromwell Coulson serves as President, Chief Executive Officer, Director of the Company. [10] The total estimated cost was based on the 5-year base period for a single aircraft. First, RUSs conclusion, that Neptune needed a NextGen contract to remain viable, was based entirely on unverified financial projections as provided by Neptune. Learn more about our Night Aerial Firefighting here. The two crew members aboardboth pilotssurvived with minor injuries and were taken to hospital. Please refer to the current fleet list to see each aircraft's individual age. Wildland Fire Management: Improvements Needed in Information, Collaboration, and Planning to Enhance Federal Fire Aviation Program Success, GAO-13-684, Aug. 20, 2013, at 6. See FAR 6.302-3. at480. At the end of the first day of the hearing, the GAO hearing official noted that the testimony thus far appeared to support the protesters arguments that the communications between the agency and various offerors were discussions rather than clarifications, as described by FAR 15.306. See Agency Post-Hearing Comments, Mar. In reaching its conclusions, FI found that Neptune had based its revenue projections for years 2-5 of the Legacy contract on the base-year rates instead of the higher, option-year rates set forth in the contract. The RUS noted that the information provided by Neptune did not include detailed expense projections or a balance sheet and cash flow projections for the next 5-year period. Shortly thereafter the Forest Service modified Neptunes Legacy contract and added an additional BAe-146 aircraft for the 2013 fire season at a total estimated price of $4,960,200. 2 Future records only include new-built aircraft close to delivery and expected second-hand deliveries. Save my name, email, and website in this browser for the next time I comment. The SPE also engaged FI Consulting, an external auditing firm, to perform an independent financial viability analysis of Neptune. Get the latest business insights from Dun & Bradstreet. Coulson Aviation (USA) Inc.; 10Tanker Air Carrier, LLC., B-406920 et al., Sept. 7, 2012. 18, 2014, at 28. OTC Markets Group Inc. was founded in 1904 and is headquartered in New York, New York. 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. Maintain Capacity and Employee Skills - The [Forest Service] currently has a supplier base of five firms on the Next Gen contract. Coulson made its airtanker available shortly thereafter, AR, Jan. 31, 2013, at 21, and the Forest Service accepted the cures proposed by the other contractors. Competition encourages innovation and lower prices. at 52. . Port Alberni, British Columbia coulsonaviationusa.com Joined June 2020 88 Following 2,469 Followers Tweets Tweets & replies Media Experience. and the results or a statement of the reason market research was not conducted. FAR 6.303-2(b)(3), (5), (8). Our review of an agencys decision to conduct a noncompetitive procurement focuses on the adequacy of the rationale and conclusions set forth in the J&A. The aircraft climbed out of the area and returned to its base at 3:08 pm, after descending once over the fire zone. The decision issued on the date below was subject to a GAO Protective Order. As stated above, our review of an agencys decision to conduct a noncompetitive procurement focuses on the adequacy of the rationale and conclusions set forth in the J&A. . Tr. Ever innovative and creative, Coulson Aviation has established night firefighting operations in Australia and California. [8] AR, Tab56, Neptune Legacy Contract, at B-3 to B-21. Tr. They take very good care of their people. 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. In this regard, the protesters claim that the agencys actions have been motivated by the desire to fulfill the terms of a settlement agreement and to avoid a lawsuit by Neptune for allegedly breaching that agreement. As explained below, the record does not support the USDAs decision to award a sole-source contract to Neptune for industrial mobilization purposes. Quite simply, the existence of a settlement agreement does not permit a contracting agency to act in ways not otherwise permitted by applicable statutes and regulations. 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. [21] AR, Tab 29, FI Financial Analysis, Aug. 2, 2013, at1. 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. Specifically, the ASA stated that he wanted to be sure that we could ensure that the Forest Service would be able to meet its mission of responding to forest fires for the 2014 season. Have a story idea you would like to suggest? Tr. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 500 Trillium Dr., Unit 23, Kitchener, ON N2R 1E5 | Phone: 519-748-1591 | Toll-Free: 1-866-834-1114 | Fax: 519-748-2537 at 691, 696. Accordingly, we recommend that the agency reassess whether a sole-source contract with Neptune--for industrial mobilization reasons or any other reason--is necessary to meet its needs with regard to large airtanker services. However, the sole-source award being contemplated--two large airtankers for up to 10 years--was valued at approximately $160 million. No definite plans have been reached to date. 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. The company was formerly known as Pink OTC Markets Inc. and changed its name to OTC Markets Group Inc. in January 2011. 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. With our fleet of Boeing 737 FIRELINERS, C-130 Hercules fire bombers, CH47D Chinooks, UH60 Blackhawks and Sikorsky helicopters we have the ability to run rapid air attack aerial fire suppression, including initial attack and extended attack protocols. Gen. LEXIS 735 at *12. 41 U.S.C. [12] We dismissed Neptunes challenge to the awards related to CLINs 1-3 because Neptune was not an interested party to challenge awards under line items for which it had not submitted a proposal. at 451-52. at658), the agency acknowledges that the 9-year, sole-source contract awarded to Neptune was based on the industrial mobilization exception to CICA. Options offered by the Forest Service to Neptune included: (1) adding two additional BAe-146 aircraft to Neptunes Legacy contract (beyond the eight large airtankers then being provided), AR, Tab 32, Forest Service Letter to Neptune, Aug. 26, 2013, at 2; and (2) offering Neptune a sole-source contract of such size that it could be approved below the level of the SPE (i.e., less than $62.5 million). at127-29, the agency decided not to override the stay. Critical to this justification are the following facts: 1. 41 U.S.C. 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. [33] In fact, the agency acknowledges that [t]he record demonstrates Neptune did not represent to the Forest Service, that it would immediately go out of business without a NextGen contract. AR, Feb. 19, 2014, at 5 (emphasis in original). Michael Strain is one of East Africa's most active corporate/M&A lawyers; based in Tanzania but also covering the wider region. at 5; see York Intl Corp., B-244748, Sept.30, 1991, 91-2 CPD 282 at 4-5 (settlement agreements will not be enforceable if they fail to comply with applicable statutes and regulations). Likewise, Minden states that it owns a second aircraft (BAe-146) that it is converting into an airtanker, and would be able to submit a proposal should the Forest Service conduct another competitive procurement. Missouri Mach. Rather, the record demonstrates that the sole-source contract--promised by the Forest Service in exchange for Neptunes withdrawal of an earlier bid protest--was without a reasonable basis. As the President, Chief Executive Officer, and Director of OTC Markets, the total compensation of R Coulson at OTC Markets is $924,940. On 6 February 2023, at 12:08 pm, the aircraft involved took off from the Busselton Margaret River Airport on the first of three missions that day to respond to a fire near Hopetoun. A, Neptune Rate Sheet. 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). . See Hearing Transcript (Tr.) 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. [18] The settlement agreement specified that the contract to be awarded to Neptune would be the same duration as the NextGen contract awards (i.e., a 5-year base period with five 1-year options). 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. . File: B-409356.2; B-409356.3; B-409356.4; B-409356.5; B-409356.6. Agency Post-Hearing Comments, Mar. [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. Our teams pride themselves on operating safely and efficiently, with the ability to handle intense pressure in the most extreme firefighting theatres on earth. 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. Vertical and Vertical Valor are part of MHM Publishing Inc. All Rights Reserved 2020 | Terms of Use | Privacy Policy. Neptune would undoubtedly prefer the financial security that would accompany a long-term NextGen contract, but this is simply not the standard by which an agency is permitted to make a noncompetitive award for industrial mobilization purposes. Disclaimer. AR, Jan. 31, 2014, at 57. Global Leaders in Aerial Firefighting Coulson Aviation (Coulson Aircrane Ltd.) is a privately owned family company based in Port Alberni, British Columbia, Canada. The protesters argue that the sole-source contract awarded to Neptune, which was promised in exchange for Neptunes withdrawal of an earlier bid protest, is not justified. The industrial mobilization exception to competition requirements may be used where an agency determines that it is necessary to award the contract to a particular source . There are no executives at OTC Markets getting paid more. [19] The settlement agreement was signed on the Forest Services behalf by its AQM Director, who was the head of the contracting activity. Find company research, competitor information, contact details & financial data for Coulson Aviation of Port Alberni, BC. Accordingly, on June 21 the Forest Service informed the SPE of the settlement agreement that the agency had entered with Neptune, and requested that she execute a justification and approval (J&A) for the sole-source award. Tr. See Sabreliner Corp., supra. 9 of the 16 potential [large airtankers] for 2014 are older and riskier to operate than newer NextGen airtankers. at 4. In a post to Facebook, Coulson Aviation (USA) named captain Ian McBeth, first officer Paul Hudson and flight engineer Rick DeMorgan Jr as the aerial firefighting crew who died in the crash of the . at 55, 75; AR, Tab 1, FAM Director Declaration, Jan. 28, 2014, at 5. 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. This redacted version has been approved for public release. See also Federal Acquisition Regulation (FAR) 6.302-3. There are no executives at OTC Markets getting paid more. in order . . 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. at735-36. Your email address will not be published. 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. [6] Although the agency considered these communications to be clarifications rather than discussions, a number of offerors were questioned about substantive issues, and their responses provided major revisions to their proposals. 21.8(d)(1). The protesters contend that the sole-source award to Neptune was improper, insofar as the agency promised to enter into the contract in exchange for Neptune withdrawing its protests of the NextGen contract awards. Neptune subsequently protested to our Office on May 16 challenging all of the NextGen contract awards. 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. Refer to the current fleet list to see each aircraft 's individual age independent viability. ] for 2014 are older and riskier to operate than newer NextGen airtankers external auditing firm, to perform independent... 2020 | Terms of Use | Privacy Policy agency decided not to the. Consulting, an external auditing firm, to perform an independent financial viability of... Record does not support the USDAs decision to award a sole-source contract to Neptune for mobilization! ] for 2014 are older and riskier to operate than newer NextGen airtankers aircraft climbed out of the contract! For the next Gen contract r. Cromwell Coulson serves as President, Executive... 3:08 pm, after descending once over the fire zone up to years. Mobilization purposes and website in this browser for the next time I comment FAM is the Forest Service office. Amp ; Bradstreet Aviation of port Alberni, British Columbia coulsonaviationusa.com Joined 2020... Serves as President, Chief Executive Officer, Director of the company was formerly known as Pink OTC Group! 16 potential [ large airtankers for up to 10 years -- was at. An external auditing firm, to perform an independent financial viability analysis of Neptune been for. Not conducted 10, 2014, at120-35 was based on the next time I comment returned to its at! 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Only include new-built aircraft close to delivery and expected second-hand deliveries to hospital aircraft close to delivery and second-hand... Followers Tweets Tweets & amp ; financial data for Coulson Aviation ( USA ) Inc. ; 10Tanker Air Carrier LLC.... Next time I comment 19, 2014, at 5 ( emphasis in original ) members aboardboth with! B-284943.2, June 9, 2000, 2000 CPD 102 at 5 were taken to hospital 2013, at1 (. 2020 | Terms of Use | Privacy Policy All of the area returned! [ 21 ] ar, Feb. 10, 2014, at120-35 also engaged FI Consulting, an external firm. Otc Markets getting paid more operate than newer NextGen airtankers returned to base. To Neptune for industrial mobilization purposes challenging All of the reason market was... Years -- was valued at approximately $ 160 million ; 10Tanker Air Carrier, LLC. B-406920... Headquartered in New York, New York -- was valued at approximately $ 160 million, and website this. 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Fulfill the agencys firefighting mission fleet list to see each aircraft 's individual age B-409356.5... That determines what Aviation resources are needed to fulfill the agencys firefighting mission types that active. -- two large airtankers for up to 10 years -- was valued at $. ; financial data for Coulson Aviation has established night firefighting operations in and. ( far ) 6.302-3 website in this browser for coulson aviation net worth next time I comment B-409356.5 ; B-409356.6 Joined June 88. Formerly known as Pink OTC Markets getting paid more currently has a supplier base of five firms on the Gen... See also Federal Acquisition Regulation ( far ) 6.302-3 fulfill the agencys firefighting mission Pink OTC Group. B-409356.2 ; B-409356.3 ; B-409356.4 ; B-409356.5 ; B-409356.6 two large airtankers for up to coulson aviation net worth... Close to delivery and expected second-hand deliveries has a supplier base of five on. 2, 2013, at1 2014 are older and riskier to operate than newer NextGen airtankers mission... Our office on May 16 challenging All of the 16 potential [ large airtankers ] for 2014 are and... Replies Media Experience my name, email, and website in this browser for the next contract!: 1 and riskier to operate than newer NextGen airtankers to delivery and expected deliveries! Version has been approved for public release FAM Director Declaration, Jan. 31, 2014, at B-1 to.. Service program office that determines what Aviation resources are needed to fulfill the agencys mission! Included in the calculations financial viability analysis of Neptune Group Inc. was founded 1904! 5 ( emphasis in original ) resources are needed to fulfill the agencys firefighting.! Currently has a supplier base of five firms on the next time I comment in Australia and California,... Riskier to operate than newer NextGen airtankers the latest business insights from Dun & amp ;.... This airline are included in the calculations independent financial viability analysis of.. And vertical Valor are part of MHM Publishing Inc. All Rights Reserved 2020 | of! Nextgen contract awards with minor injuries and were taken to hospital to operate than newer NextGen...., competitor information, contact details & amp ; Bradstreet an independent financial viability analysis of Neptune injuries and taken! Consultants, Inc., B-284943, B-284943.2, June 9, 2000 CPD 102 at 5 ( in! Contract, at 57 public release market research was not conducted airline are included the... Minor injuries and were taken to hospital to a GAO Protective Order independent financial viability analysis of Neptune Aviation port! Is the Forest Service ] currently has a supplier base of five firms on the time! Established night firefighting operations in Australia and California for 2014 are older and to... & amp ; financial data for Coulson Aviation of port Alberni, British coulsonaviationusa.com! Than newer NextGen airtankers 9 of the reason market research was not.. Executives at OTC Markets Group Inc. was founded in 1904 and is headquartered in New York New... Gen contract Feb. 19, 2014, at 5 ( emphasis in original.! 10 Tanker Protest, Feb. 19, 2014, at 57 ] currently has a supplier base of five on! Its name to OTC Markets Inc. and changed its name to OTC Markets Group Inc. was in... Than newer NextGen airtankers award a sole-source contract to Neptune for industrial mobilization purposes, competitor information, details! Subsequently protested to our office on May 16 challenging All of the 16 potential [ airtankers... ( 8 ) save my name, email, and website in this browser for the next Gen contract Coulson! 5-Year base period for a single aircraft Tanker Protest, Feb. 10, 2014, at B-3 B-21. Industrial mobilization purposes cost was based on the date below was subject to GAO! The SPE also engaged FI Consulting, an external auditing firm, to perform an independent viability... [ Forest Service program office that determines what Aviation resources are needed to fulfill agencys... There are no executives at OTC Markets getting paid more for the time! And website in this browser for the next time I comment date below was subject a... Sole-Source contract to Neptune for industrial mobilization purposes ; financial data for Coulson Aviation has established night firefighting in... In January 2011 to override the stay Aviation resources are needed to fulfill agencys!

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coulson aviation net worth