USDA awards $40.5M for frozen Alaska Pollock products to Trident Seafoods under full and open competition

Contract Overview

Contract Amount: $40,482,648 ($40.5M)

Contractor: Trident Seafoods Corporation

Awarding Agency: Department of Agriculture

Start Date: 2023-08-03

End Date: 2024-07-16

Contract Duration: 348 days

Daily Burn Rate: $116.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: COMMODITIES FOR USG FOOD DONATIONS: 2000009496/4400001825/4100028175/FISH AK POLLOCK STICKS FRZ PKG-20/2 LB,FISH AK PLCK FILLETS FRZ PKG-20/2 LB

Place of Performance

Location: ANACORTES, SKAGIT County, WASHINGTON, 98221

State: Washington Government Spending

Plain-Language Summary

Department of Agriculture obligated $40.5 million to TRIDENT SEAFOODS CORPORATION for work described as: COMMODITIES FOR USG FOOD DONATIONS: 2000009496/4400001825/4100028175/FISH AK POLLOCK STICKS FRZ PKG-20/2 LB,FISH AK PLCK FILLETS FRZ PKG-20/2 LB Key points: 1. Trident Seafoods Corporation secured a significant contract for frozen fish products. 2. The contract was awarded through full and open competition, suggesting a competitive bidding process. 3. The spending is categorized under 'Seafood Product Preparation and Packaging'. 4. The contract value is substantial at over $40 million for a one-year period.

Value Assessment

Rating: good

The price appears reasonable given the large quantity of frozen fish products procured. Benchmarking against similar large-scale commodity purchases would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded via full and open competition, indicating multiple bidders likely participated. This method generally promotes competitive pricing and ensures the government receives fair market value.

Taxpayer Impact: Taxpayer funds are being used efficiently through a competitive process to acquire essential food commodities for donation programs.

Public Impact

Ensures availability of food commodities for federal nutrition assistance programs. Supports the domestic seafood industry, specifically Alaska Pollock producers. Provides a consistent supply of protein for vulnerable populations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for price fluctuations in the seafood market.
Logistical challenges in distributing frozen goods.

Positive Signals

Awarded through full and open competition.
Firm fixed price contract limits cost overruns.
Supports domestic food production.

Sector Analysis

This contract falls within the broader food manufacturing and processing sector, specifically focusing on seafood. Government procurement of commodities for donation programs is a significant market driver.

Small Business Impact

While the prime contractor is Trident Seafoods Corporation, a large entity, the contract's full and open competition may have allowed smaller suppliers to participate in the supply chain.

Oversight & Accountability

The Department of Agriculture's Agricultural Marketing Service is responsible for this procurement. Oversight would involve ensuring product quality, timely delivery, and adherence to contract terms.

Related Government Programs

Seafood Product Preparation and Packaging
Department of Agriculture Contracting
Agricultural Marketing Service Programs

Risk Flags

Potential for supply chain disruptions.
Dependence on a single large supplier.
Market volatility in seafood pricing.
Logistical complexity of frozen food distribution.

Frequently Asked Questions

What is this federal contract paying for?

Department of Agriculture awarded $40.5 million to TRIDENT SEAFOODS CORPORATION. COMMODITIES FOR USG FOOD DONATIONS: 2000009496/4400001825/4100028175/FISH AK POLLOCK STICKS FRZ PKG-20/2 LB,FISH AK PLCK FILLETS FRZ PKG-20/2 LB

Who is the contractor on this award?

The obligated recipient is TRIDENT SEAFOODS CORPORATION.

Which agency awarded this contract?

Awarding agency: Department of Agriculture (Agricultural Marketing Service).

What is the total obligated amount?

The obligated amount is $40.5 million.

What is the period of performance?

Start: 2023-08-03. End: 2024-07-16.

What is the historical pricing trend for Alaska Pollock products of this type to assess long-term value?

Analyzing historical pricing data for similar Alaska Pollock products is crucial for a comprehensive value assessment. This would involve examining past contract awards, market reports, and commodity futures to identify any significant price volatility or trends. Understanding these historical patterns helps determine if the current award represents a favorable price point or if potential future savings could be realized through different procurement strategies or timing.

What are the specific quality control measures in place to ensure the donated food products meet nutritional and safety standards?

Quality control for food donations typically involves stringent adherence to USDA food safety regulations and nutritional guidelines. This includes requirements for product inspection, testing for contaminants, and verification of nutritional content. The contract likely specifies detailed quality assurance protocols that the supplier must follow, with potential for government inspections and audits to ensure compliance throughout the production and delivery process.

How does this procurement align with broader USDA objectives for food security and domestic agricultural support?

This procurement directly aligns with USDA's dual objectives of enhancing food security and supporting domestic agriculture. By purchasing large quantities of food products, the USDA ensures vital nutrition assistance programs are adequately supplied. Simultaneously, awarding contracts to domestic producers like Trident Seafoods stimulates the U.S. fishing industry, supporting jobs and economic activity within the agricultural sector.

Industry Classification

NAICS: Manufacturing › Seafood Product Preparation and Packaging › Seafood Product Preparation and Packaging

Product/Service Code: SUBSISTENCE

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 123J1423B0530

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 5303 SHILSHOLE AVE NW, SEATTLE, WA, 98107

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $40,482,648

Exercised Options: $40,482,648

Current Obligation: $40,482,648

Actual Outlays: $40,326,171

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 123J1423D0105

IDV Type: IDC

Timeline