USDA's $12.7M Salmon Contract Awarded to Silver Bay Seafoods Under Full and Open Competition

Contract Overview

Contract Amount: $12,703,826 ($12.7M)

Contractor: Silver BAY Seafoods, L.L.C.

Awarding Agency: Department of Agriculture

Start Date: 2025-05-21

End Date: 2025-12-15

Contract Duration: 208 days

Daily Burn Rate: $61.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: COMMODITIES FOR USG FOOD DONATIONS: 2000010795/4100032319/SALMON PINK CAN-24/14.75 OZ (33630),K SALMON PINK CAN-24/14.75 OZ (33630)

Place of Performance

Location: SITKA, SITKA County, ALASKA, 99835

State: Alaska Government Spending

Plain-Language Summary

Department of Agriculture obligated $12.7 million to SILVER BAY SEAFOODS, L.L.C. for work described as: COMMODITIES FOR USG FOOD DONATIONS: 2000010795/4100032319/SALMON PINK CAN-24/14.75 OZ (33630),K SALMON PINK CAN-24/14.75 OZ (33630) Key points: 1. The Department of Agriculture awarded a $12.7 million contract for canned salmon. 2. Silver Bay Seafoods, L.L.C. secured the contract through full and open competition. 3. The contract is for canned pink salmon, a key commodity for USG food donations. 4. The firm fixed price contract spans from May 21, 2025, to December 15, 2025.

Value Assessment

Rating: good

The contract price of $12.7 million for 200,000 cans of salmon appears reasonable given the market for canned seafood. Benchmarking against similar government procurements for canned fish would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded using full and open competition, suggesting a robust price discovery process. This method allows multiple qualified vendors to bid, driving competitive pricing.

Taxpayer Impact: Full and open competition generally leads to better value for taxpayers by ensuring the government receives the most advantageous pricing.

Public Impact

Ensures supply of essential food commodities for federal donation programs. Supports the seafood industry, particularly in Alaska where the supplier is located. Provides a stable source of protein for beneficiaries of food assistance programs.

Waste & Efficiency Indicators

Waste Risk Score: 61 / 10

Positive Signals

Full and open competition utilized
Firm fixed price contract type
Clear commodity specified

Sector Analysis

This contract falls within the Seafood Product Preparation and Packaging sector. Government spending in this area supports food security initiatives and agricultural supply chains. The benchmark for similar food commodity contracts varies widely based on item and quantity.

Small Business Impact

While Silver Bay Seafoods, L.L.C. is the awardee, the data does not specify if they are a small business. The contract was awarded under full and open competition, which typically allows for participation by businesses of all sizes.

Oversight & Accountability

The contract is managed by the Department of Agriculture's Agricultural Marketing Service, indicating established oversight for food procurement. The firm fixed price structure provides cost certainty and accountability.

Related Government Programs

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

Risk Flags

Potential for price fluctuations in seafood commodities
Dependence on specific Alaskan fishing seasons
Logistical challenges in transporting perishable goods

Frequently Asked Questions

What is this federal contract paying for?

Department of Agriculture awarded $12.7 million to SILVER BAY SEAFOODS, L.L.C.. COMMODITIES FOR USG FOOD DONATIONS: 2000010795/4100032319/SALMON PINK CAN-24/14.75 OZ (33630),K SALMON PINK CAN-24/14.75 OZ (33630)

Who is the contractor on this award?

The obligated recipient is SILVER BAY SEAFOODS, L.L.C..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $12.7 million.

What is the period of performance?

Start: 2025-05-21. End: 2025-12-15.

What is the historical pricing trend for canned pink salmon procured by the government?

Analyzing historical pricing data for canned pink salmon procured by the government would reveal if the current $12.7 million award represents a favorable price point. This includes examining past contract values, quantities, and any inflation adjustments to understand market dynamics and ensure optimal value for taxpayer funds.

Are there any potential supply chain risks associated with sourcing salmon from Alaska for this contract?

Potential supply chain risks for salmon sourced from Alaska could include weather disruptions, fishing quotas, or transportation challenges. The contract duration and delivery schedule should be reviewed to assess the likelihood of these risks impacting timely delivery and overall contract performance.

How does the nutritional value and quality of the procured canned salmon compare to market standards?

The nutritional value and quality of the procured canned salmon should meet or exceed established government specifications and industry standards for food donations. Ensuring high quality is crucial for the effectiveness of food assistance programs and recipient satisfaction.

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: SEALED BID

Solicitation ID: 123J1425B0343

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 208 LAKE STREET SUITE 2E, SITKA, AK, 99835

Business Categories: Category Business, Limited Liability Corporation, Manufacturer of Goods, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $12,703,826

Exercised Options: $12,703,826

Current Obligation: $12,703,826

Actual Outlays: $12,642,979

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline