$17M Order for RB-S Boats for Coast Guard in 2005

Contract Overview

Contract Amount: $16,750,788 ($16.8M)

Contractor: Safe Boats International LLC

Awarding Agency: Department of Homeland Security

Start Date: 2005-08-10

End Date: 2006-11-03

Contract Duration: 450 days

Daily Burn Rate: $37.2K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 1

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Defense

Official Description: ORDER FOR $17M IN RB-S BOATS, FY05 OIF SUPPLEMENTAL FUNDS, CHARGE TO 79902. PER G-OCS FTA 09-05-OE9901986.CIFP838, 7/8/05

Place of Performance

Location: PORT ORCHARD, KITSAP County, WASHINGTON, 98367

State: Washington Government Spending

Plain-Language Summary

Department of Homeland Security obligated $16.8 million to SAFE BOATS INTERNATIONAL LLC for work described as: ORDER FOR $17M IN RB-S BOATS, FY05 OIF SUPPLEMENTAL FUNDS, CHARGE TO 79902. PER G-OCS FTA 09-05-OE9901986.CIFP838, 7/8/05 Key points: 1. Significant investment in specialized maritime assets. 2. Competition method suggests potential for better pricing. 3. Risk of economic price adjustments impacting final cost. 4. Focus on operational readiness for homeland security.

Value Assessment

Rating: good

The $17M order for RB-S boats appears reasonable given the specialized nature of the equipment. Benchmarking against similar high-performance patrol boats would provide a clearer picture of value.

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, indicating a competitive bidding process. This method generally promotes price discovery and potentially lower costs for the government.

Taxpayer Impact: The competitive award process aims to ensure taxpayer funds are used efficiently for necessary equipment.

Public Impact

Enhances U.S. Coast Guard's maritime interdiction capabilities. Supports homeland security operations in coastal and port areas. Procurement reflects post-9/11 security priorities.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Economic price adjustments could increase final cost.
Limited contract duration may require follow-on orders.
Specific operational effectiveness data not provided.

Positive Signals

Awarded through full and open competition.
Supports critical homeland security mission.
Procured using supplemental funds for urgent needs.

Sector Analysis

This procurement falls within the defense and security sector, specifically for maritime patrol vessels. Spending on such specialized assets is driven by operational requirements and national security threats.

Small Business Impact

The data does not indicate if small businesses were involved in this specific contract award.

Oversight & Accountability

The contract was awarded by the Department of Homeland Security, implying oversight from a major federal agency. Further review of specific oversight mechanisms would be needed.

Related Government Programs

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

Risk Flags

Potential for cost overruns due to EPA.
Limited data on long-term operational effectiveness.
Dependence on supplemental funding may indicate budget volatility.
Specific performance metrics not detailed.

Frequently Asked Questions

What is this federal contract paying for?

Department of Homeland Security awarded $16.8 million to SAFE BOATS INTERNATIONAL LLC. ORDER FOR $17M IN RB-S BOATS, FY05 OIF SUPPLEMENTAL FUNDS, CHARGE TO 79902. PER G-OCS FTA 09-05-OE9901986.CIFP838, 7/8/05

Who is the contractor on this award?

The obligated recipient is SAFE BOATS INTERNATIONAL 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 $16.8 million.

What is the period of performance?

Start: 2005-08-10. End: 2006-11-03.

What was the specific operational need driving the requirement for RB-S boats at this time?

The requirement for RB-S boats likely stemmed from evolving homeland security threats and the need for enhanced maritime interdiction capabilities. The FY05 supplemental funds suggest an urgent operational requirement, possibly related to increased patrols, force protection, or specific mission needs in coastal or port security environments.

How did the economic price adjustment clause impact the final cost of the RB-S boats?

The economic price adjustment (EPA) clause allows for changes in contract price based on fluctuations in specified economic factors, such as labor or material costs. Without detailed financial data, it's impossible to quantify the exact impact of the EPA on the final cost of these RB-S boats. However, such clauses introduce cost uncertainty for the government.

What is the expected lifespan and operational effectiveness of these RB-S boats?

The provided data indicates a contract duration of 450 days for delivery. Information regarding the expected lifespan or detailed operational effectiveness metrics of the RB-S boats is not available in this dataset. This would typically be assessed through performance reports and lifecycle cost analyses.

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 1

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT (K)

Evaluated Preference: NONE

Contractor Details

Address: 8800 SW BARNEY WHITE RD, PORT ORCHARD, WA, 98367

Business Categories: Category Business, Small Business

Financial Breakdown

Contract Ceiling: $16,750,788

Exercised Options: $16,750,788

Current Obligation: $16,750,788

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Parent Contract

Parent Award PIID: DTCG2302DDNQ293

IDV Type: IDC

Timeline