DHS Awards $185M Vessel Maintenance Contract to Global Maritek Systems Inc
Contract Overview
Contract Amount: $185,139,249 ($185.1M)
Contractor: Global Maritek Systems Inc
Awarding Agency: Department of Homeland Security
Start Date: 2010-10-01
End Date: 2018-08-14
Contract Duration: 2,874 days
Daily Burn Rate: $64.4K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 1
Pricing Type: COST PLUS AWARD FEE
Sector: Other
Official Description: VESSEL MAINTENANCE AND LOGISTIC SERVICES
Place of Performance
Location: FORT LAUDERDALE, BROWARD County, FLORIDA, 33309
State: Florida Government Spending
Plain-Language Summary
Department of Homeland Security obligated $185.1 million to GLOBAL MARITEK SYSTEMS INC for work described as: VESSEL MAINTENANCE AND LOGISTIC SERVICES Key points: 1. Significant contract value of $185.1M over 8 years. 2. Global Maritek Systems Inc. is the sole awardee. 3. Contract type is Cost Plus Award Fee, potentially leading to higher costs. 4. The sector is Ship Building and Repairing, a critical area for maritime security.
Value Assessment
Rating: questionable
The Cost Plus Award Fee structure can incentivize higher spending as the contractor is reimbursed for costs plus an award fee. Without clear benchmarks, it's difficult to assess if the final price represents good value.
Cost Per Unit: N/A
Competition Analysis
Competition Level: limited
The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES,' indicating a limited competition. This method may restrict price discovery and potentially lead to higher costs than a truly open competition.
Taxpayer Impact: The limited competition and cost-plus structure raise concerns about taxpayer efficiency, as the final cost may not be optimized.
Public Impact
Ensures operational readiness of U.S. Customs and Border Protection vessels. Supports critical maritime law enforcement and national security missions. Potential for cost overruns due to contract type and limited competition.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Cost Plus Award Fee structure
- Limited competition method
- Long contract duration (8 years)
Positive Signals
- Supports critical national security functions
- Awarded to a single, experienced vendor
Sector Analysis
This contract falls within the Ship Building and Repairing sector, which is vital for maintaining the operational capabilities of government fleets. Spending in this sector can vary significantly based on vessel type and maintenance complexity.
Small Business Impact
The data does not indicate any specific provisions or benefits for small businesses in this contract award.
Oversight & Accountability
The 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES' suggests a specific justification was made for limiting competition, which warrants oversight to ensure it was appropriate and in the government's best interest.
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 CPAF structure.
- Limited competition may result in suboptimal pricing.
- Lack of transparency regarding the exclusion of sources.
- Long-term reliance on a single vendor.
Tags
ship-building-and-repairing, department-of-homeland-security, fl, definitive-contract, 100m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Homeland Security awarded $185.1 million to GLOBAL MARITEK SYSTEMS INC. VESSEL MAINTENANCE AND LOGISTIC SERVICES
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 $185.1 million.
What is the period of performance?
Start: 2010-10-01. End: 2018-08-14.
What was the justification for excluding other sources in the competition for this vessel maintenance contract?
The justification for excluding other sources is not explicitly provided in the data. Typically, such exclusions are based on factors like unique capabilities, urgent needs, or specific technical requirements that only a particular contractor can meet. A thorough review would be needed to validate the necessity and appropriateness of this exclusion.
How does the Cost Plus Award Fee structure impact the overall cost-effectiveness of this contract?
The Cost Plus Award Fee (CPAF) structure reimburses the contractor for allowable costs and adds a fee that is adjusted based on performance. While it can incentivize meeting performance goals, it also carries a risk of cost escalation if not tightly managed. Without detailed performance metrics and cost ceilings, it's challenging to determine if CPAF yields better value than fixed-price contracts.
What are the potential risks associated with a sole-source award for long-term vessel maintenance services?
A sole-source or limited-source award for long-term services like vessel maintenance can lead to reduced innovation, lack of competitive pricing pressure, and potential vendor lock-in. If the contractor's performance declines or prices increase significantly, the government may have limited options to switch providers without incurring substantial transition costs or operational disruptions.
Industry Classification
NAICS: Manufacturing › Ship and Boat Building › Ship Building and Repairing
Product/Service Code: QUALITY CONTROL, TEST, INSPECTION › INSPECTION SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Offers Received: 1
Pricing Type: COST PLUS AWARD FEE (R)
Evaluated Preference: NONE
Contractor Details
Address: 5251 NW 33RD AVE, FORT LAUDERDALE, FL, 33309
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Emerging Small Business, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $248,870,864
Exercised Options: $185,139,249
Current Obligation: $185,139,249
Contract Characteristics
Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED
Cost or Pricing Data: NO
Timeline
Start Date: 2010-10-01
Current End Date: 2018-08-14
Potential End Date: 2018-09-30 00:00:00
Last Modified: 2023-08-02
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