DHS Awards $14.5M for 26 CB-OTH V Boats to Inventech Marine Solutions

Contract Overview

Contract Amount: $14,467,800 ($14.5M)

Contractor: Inventech Marine Solutions, LLC

Awarding Agency: Department of Homeland Security

Start Date: 2024-09-12

End Date: 2026-06-02

Contract Duration: 628 days

Daily Burn Rate: $23.0K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: THIRD DELIVERY ORDER FOR 26 CB-OTH V BOATS.

Place of Performance

Location: BREMERTON, KITSAP County, WASHINGTON, 98312

State: Washington Government Spending

Plain-Language Summary

Department of Homeland Security obligated $14.5 million to INVENTECH MARINE SOLUTIONS, LLC for work described as: THIRD DELIVERY ORDER FOR 26 CB-OTH V BOATS. Key points: 1. Significant investment in specialized maritime assets for the U.S. Coast Guard. 2. Inventech Marine Solutions secures a substantial contract for boat building. 3. Competition method indicates a deliberate choice for full and open after source exclusion. 4. The sector involves specialized marine vessel construction, a niche but critical area.

Value Assessment

Rating: fair

The award amount of $14.5M for 26 boats suggests a per-unit cost of approximately $556,461. Without specific details on the boat's capabilities and complexity, it's difficult to benchmark against similar contracts. Further analysis of the boat specifications is needed for a precise valuation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES.' This suggests that while the competition was intended to be broad, specific sources may have been initially considered and then excluded, potentially impacting the breadth of initial proposals and the final price discovery.

Taxpayer Impact: Taxpayer funds are being used for essential Coast Guard assets. The effectiveness of the competition method in securing the best value will ultimately determine the taxpayer impact.

Public Impact

Enhances U.S. Coast Guard's operational capabilities with new vessels. Supports domestic manufacturing and specialized shipbuilding industry. Ensures readiness for maritime security and law enforcement missions. Potential for follow-on orders based on performance and need.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Clarity on 'exclusion of sources' could reveal competitive landscape nuances.
Performance metrics for these specialized boats are not detailed.
Long-term maintenance and operational costs are not specified.

Positive Signals

Awarding specialized assets to meet critical mission needs.
Utilizing a full and open competition framework.
Clear delivery timeline established for the vessels.

Sector Analysis

This contract falls within the specialized marine vessel construction sector. Spending in this area is driven by national security, law enforcement, and infrastructure needs. Benchmarks are highly dependent on vessel type, size, and technological sophistication.

Small Business Impact

The contract was awarded to Inventech Marine Solutions, LLC. Information regarding their small business status or subcontracting plans is not provided in the data, making it difficult to assess small business participation.

Oversight & Accountability

The Department of Homeland Security, specifically the U.S. Coast Guard, is responsible for overseeing this contract. Standard procurement oversight processes should apply, focusing on delivery timelines, quality, and adherence to contract specifications.

Related Government Programs

Boat Building
Department of Homeland Security Contracting
U.S. Coast Guard Programs

Risk Flags

Lack of detailed technical specifications for the boats.
Ambiguity in the 'exclusion of sources' rationale.
No information on warranty or post-delivery support.
Potential for cost overruns if unforeseen technical issues arise.

Frequently Asked Questions

What is this federal contract paying for?

Department of Homeland Security awarded $14.5 million to INVENTECH MARINE SOLUTIONS, LLC. THIRD DELIVERY ORDER FOR 26 CB-OTH V BOATS.

Who is the contractor on this award?

The obligated recipient is INVENTECH MARINE SOLUTIONS, LLC.

Which agency awarded this contract?

Awarding agency: Department of Homeland Security (U.S. Coast Guard).

What is the total obligated amount?

The obligated amount is $14.5 million.

What is the period of performance?

Start: 2024-09-12. End: 2026-06-02.

What specific capabilities do the 26 CB-OTH V boats offer, and how do they align with current Coast Guard operational requirements?

The data does not specify the exact capabilities of the CB-OTH V boats. However, 'CB-OTH' likely refers to 'Coastal Boat - Other,' suggesting versatile vessels for various maritime operations. Their alignment with Coast Guard needs would depend on factors like speed, range, payload capacity, and specialized equipment for missions such as search and rescue, law enforcement, or interdiction.

How did the 'exclusion of sources' in the competition process impact the final price and the range of potential bidders?

Excluding specific sources prior to a full and open competition could limit the initial pool of bidders, potentially reducing competitive pressure. However, if the excluded sources were not viable or suitable, the remaining open competition might still yield a competitive price. The impact hinges on the rationale for exclusion and the competitiveness of the remaining market.

What is the projected lifespan and operational readiness plan for these 26 vessels to ensure long-term value for taxpayer investment?

The provided data does not include details on the projected lifespan or operational readiness plans for the vessels. A comprehensive assessment of taxpayer value would require information on expected service life, maintenance schedules, training requirements, and the overall lifecycle cost, which are not present in this award notice.

Industry Classification

NAICS: Manufacturing › Ship and Boat Building › Boat Building

Product/Service Code: SHIPS, SMALL CRAFT, PONTOON, DOCKS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 8585 SW WARRIOR DR, BREMERTON, WA, 98312

Business Categories: Category Business, Limited Liability Corporation, Manufacturer of Goods, Small Business, Sole Proprietorship, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $14,467,800

Exercised Options: $14,467,800

Current Obligation: $14,467,800

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 70Z02321DACB01200

IDV Type: IDC

Timeline