DHS Awards $65M for Vessel Maintenance to Global Maritek Systems Inc

Contract Overview

Contract Amount: $65,097,308 ($65.1M)

Contractor: Global Maritek Systems Inc

Awarding Agency: Department of Homeland Security

Start Date: 2004-10-01

End Date: 2010-03-31

Contract Duration: 2,007 days

Daily Burn Rate: $32.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: COST PLUS AWARD FEE

Sector: Other

Official Description: VESSEL MAINTENANCE

Place of Performance

Location: SAINT AUGUSTINE, ST. JOHNS County, FLORIDA, 32095

State: Florida Government Spending

Plain-Language Summary

Department of Homeland Security obligated $65.1 million to GLOBAL MARITEK SYSTEMS INC for work described as: VESSEL MAINTENANCE Key points: 1. Significant contract value of $65.1 million over its life. 2. Global Maritek Systems Inc. is the sole awardee. 3. Potential risk associated with a single awardee for a long duration. 4. Spending falls within the Ship Building and Repairing sector.

Value Assessment

Rating: fair

The contract type is Cost Plus Award Fee, which can lead to higher costs if not managed carefully. The total award value is substantial, but without specific performance metrics or benchmarks, assessing its value is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. However, the long duration and specific nature of vessel maintenance might limit the number of truly competitive bids.

Taxpayer Impact: Taxpayer funds are being used for essential vessel maintenance. The effectiveness of the competition and cost controls will determine the ultimate taxpayer impact.

Public Impact

Ensures operational readiness of U.S. Customs and Border Protection vessels. Supports critical maritime security and law enforcement missions. Potential for job creation within the maritime industry.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Long contract duration (approx. 6 years)
Cost Plus Award Fee contract type
Sole awardee for a significant value contract

Positive Signals

Awarded under full and open competition
Supports critical national security functions

Sector Analysis

The Ship Building and Repairing sector is vital for national defense and maritime operations. Spending benchmarks are highly variable based on vessel type and service complexity.

Small Business Impact

The data does not indicate any specific provisions or set-asides for small businesses in this contract. Analysis of small business participation is not possible with the provided information.

Oversight & Accountability

Oversight would typically involve regular performance reviews and audits by DHS to ensure cost efficiency and quality of service, especially given the Cost Plus Award Fee structure.

Related Government Programs

Ship Building and Repairing
Department of Homeland Security Contracting
U.S. Customs and Border Protection Programs

Risk Flags

Potential for cost overruns due to contract type.
Limited competition visibility over the contract's lifespan.
Long contract duration may not adapt to evolving needs.
Lack of small business participation noted.

Frequently Asked Questions

What is this federal contract paying for?

Department of Homeland Security awarded $65.1 million to GLOBAL MARITEK SYSTEMS INC. VESSEL MAINTENANCE

Who is the contractor on this award?

The obligated recipient is GLOBAL MARITEK SYSTEMS INC.

Which agency awarded this contract?

Awarding agency: Department of Homeland Security (U.S. Customs and Border Protection).

What is the total obligated amount?

The obligated amount is $65.1 million.

What is the period of performance?

Start: 2004-10-01. End: 2010-03-31.

What was the competitive landscape like for this specific vessel maintenance requirement, and did the full and open competition yield a fair price?

While awarded under full and open competition, the long duration and specialized nature of vessel maintenance might have limited the number of viable bidders. A thorough review of the bidding process and comparison of awarded costs against industry benchmarks would be needed to confirm price fairness and competitive effectiveness.

What are the specific risks associated with a Cost Plus Award Fee contract for vessel maintenance over a six-year period?

Cost Plus Award Fee contracts carry inherent risks of cost overruns if performance incentives are not tightly aligned with cost controls. For vessel maintenance, risks include potential for scope creep, less incentive for the contractor to minimize costs if award fees are easily achievable, and challenges in accurately forecasting maintenance needs over a long period.

How effectively does this contract contribute to the operational readiness and mission success of U.S. Customs and Border Protection vessels?

The contract's effectiveness hinges on the quality and timeliness of the maintenance provided. Assuming Global Maritek Systems Inc. meets performance standards and award fee criteria, it directly supports the operational readiness of critical CBP assets, enabling effective maritime security and law enforcement missions.

Industry Classification

NAICS: Manufacturing › Ship and Boat Building › Ship Building and Repairing

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENT › MAINT, REPAIR, REBUILD OF EQUIPMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 3

Pricing Type: COST PLUS AWARD FEE (R)

Evaluated Preference: NONE

Contractor Details

Address: 5251 NW 33ED AVE, FORT LAUDERDALE, FL, 90

Business Categories: Category Business, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $158,800,079

Exercised Options: $110,548,626

Current Obligation: $65,097,308

Timeline