DHS Coast Guard Awards $725.5K Contract for RB-S Demo Boat to Inventech Marine Solutions

Contract Overview

Contract Amount: $725,500 ($725.5K)

Contractor: Inventech Marine Solutions, LLC

Awarding Agency: Department of Homeland Security

Start Date: 2026-01-08

End Date: 2026-07-29

Contract Duration: 202 days

Daily Burn Rate: $3.6K/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 11

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: THIS IS A SINGLE AWARD CONTRACT FOR THE RB-S DEMO BOAT.

Place of Performance

Location: BREMERTON, KITSAP County, WASHINGTON, 98312

State: Washington Government Spending

Plain-Language Summary

Department of Homeland Security obligated $725,500 to INVENTECH MARINE SOLUTIONS, LLC for work described as: THIS IS A SINGLE AWARD CONTRACT FOR THE RB-S DEMO BOAT. Key points: 1. Single award contract for a specialized demo boat. 2. Competition was conducted under Simplified Acquisition Procedures (SAP). 3. The contract is firm fixed price, indicating clear cost expectations. 4. The North American Industry Classification System (NAICS) code 336612 points to the boat building sector.

Value Assessment

Rating: fair

The contract value of $725,500 for a specialized demo boat appears within a reasonable range for custom marine construction. Benchmarking against similar custom vessel procurements would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was competed under SAP, suggesting a limited competition approach likely due to the specialized nature or value threshold. This method may not yield the most competitive pricing compared to full and open competition.

Taxpayer Impact: Taxpayer funds are being used for a specific operational asset. The pricing impact of limited competition needs careful monitoring to ensure value for money.

Public Impact

Enhances U.S. Coast Guard's operational capabilities with a new demo boat. Supports a specific segment of the marine manufacturing industry. The acquisition contributes to national security and maritime safety efforts.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition under SAP may not have secured the best price.
Lack of detailed cost breakdown makes precise value assessment difficult.

Positive Signals

Firm fixed price contract provides cost certainty.
Contract award supports a specific, stated need for the Coast Guard.

Sector Analysis

The boat building sector (NAICS 336612) involves specialized manufacturing. Spending in this sector can vary significantly based on vessel complexity and size, with custom builds commanding higher prices.

Small Business Impact

The awardee, Inventech Marine Solutions, LLC, is not indicated as a small business. Further analysis would be needed to determine if small business participation was sought or achieved.

Oversight & Accountability

The contract falls under the Department of Homeland Security, U.S. Coast Guard. Standard oversight mechanisms for federal procurement should apply, including contract performance monitoring and financial accountability.

Related Government Programs

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

Risk Flags

Limited competition
Potential for higher cost due to single award
Lack of detailed technical specifications for comparison
Contract duration is relatively short, potentially impacting long-term support

Frequently Asked Questions

What is this federal contract paying for?

Department of Homeland Security awarded $725,500 to INVENTECH MARINE SOLUTIONS, LLC. THIS IS A SINGLE AWARD CONTRACT FOR THE RB-S DEMO BOAT.

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 $725,500.

What is the period of performance?

Start: 2026-01-08. End: 2026-07-29.

What is the specific operational requirement driving the need for this RB-S Demo Boat?

The specific operational requirement for the RB-S Demo Boat is not detailed in the provided data. However, 'RB-S' likely refers to a specific class or type of response boat used by the Coast Guard for various missions, potentially including testing, evaluation, or demonstration of new technologies or operational procedures. Understanding the exact use case is crucial for assessing the necessity and value of this procurement.

How does the $725,500 price compare to similar custom-built demonstration vessels in the current market?

Benchmarking the $725,500 price against similar custom-built demonstration vessels is challenging without more specific details on the boat's specifications, capabilities, and materials. However, for a specialized vessel, this price point could be considered fair if it includes advanced technology, unique design features, or stringent performance requirements. A detailed comparison with recent procurements of comparable vessels would be necessary for a definitive assessment.

What are the potential risks associated with a single award contract under SAP for this type of asset?

A single award contract under SAP for a specialized asset like a demo boat carries risks of potentially higher costs due to limited competition and reduced incentive for the contractor to offer the lowest possible price. There's also a risk of vendor lock-in if the contractor possesses unique expertise or technology. Furthermore, if the contractor fails to perform, finding a replacement quickly could be difficult and costly.

Industry Classification

NAICS: Manufacturing › Ship and Boat Building › Boat Building

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

Competition & Pricing

Extent Competed: COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Solicitation ID: 70Z02325R93250003

Offers Received: 11

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

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

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

Financial Breakdown

Contract Ceiling: $725,500

Exercised Options: $725,500

Current Obligation: $725,500

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline