DHS Coast Guard awards $81M for drydock availability, Vigor Marine LLC wins contract

Contract Overview

Contract Amount: $80,967,450 ($81.0M)

Contractor: Vigor Marine LLC

Awarding Agency: Department of Homeland Security

Start Date: 2016-02-16

End Date: 2018-08-12

Contract Duration: 908 days

Daily Burn Rate: $89.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: NSC 1&2 STRUCTURAL ENHANCEMENT DRYDOCK AVAILABILITY (SEDA)

Place of Performance

Location: SEATTLE, KING County, WASHINGTON, 98134

State: Washington Government Spending

Plain-Language Summary

Department of Homeland Security obligated $81.0 million to VIGOR MARINE LLC for work described as: NSC 1&2 STRUCTURAL ENHANCEMENT DRYDOCK AVAILABILITY (SEDA) Key points: 1. Contract awarded to Vigor Marine LLC for structural enhancements. 2. Full and open competition was utilized. 3. The contract value is substantial at $80.97 million. 4. The sector is Ship Building and Repairing.

Value Assessment

Rating: fair

The contract value of $80.97 million for 908 days of availability appears reasonable given the specialized nature of drydock services for Coast Guard vessels. Benchmarking against similar large-scale ship repair contracts would provide a clearer picture of value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The use of full and open competition suggests a robust price discovery process. However, the specific number of bids received and the final negotiated price relative to initial estimates are crucial for assessing the effectiveness of this competition.

Taxpayer Impact: Taxpayers benefit from competitive bidding, which should drive down costs. The final price reflects the market's assessment of the service's value.

Public Impact

Ensures operational readiness of critical Coast Guard assets. Supports the maritime industrial base and associated jobs. Provides necessary infrastructure for national security and maritime safety.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The Ship Building and Repairing sector is vital for national defense and maritime commerce. Spending in this area can fluctuate based on fleet modernization needs and maintenance cycles. This contract represents a significant investment in maintaining Coast Guard assets.

Small Business Impact

While the contract was awarded through full and open competition, there is no specific indication of small business participation or subcontracting goals within the provided data. Further analysis would be needed to determine the extent of small business involvement.

Oversight & Accountability

The contract was awarded by the Department of Homeland Security, U.S. Coast Guard. Standard oversight mechanisms for federal contracts would apply, including performance monitoring and financial audits to ensure compliance and value for money.

Related Government Programs

Risk Flags

Tags

ship-building-and-repairing, department-of-homeland-security, wa, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Homeland Security awarded $81.0 million to VIGOR MARINE LLC. NSC 1&2 STRUCTURAL ENHANCEMENT DRYDOCK AVAILABILITY (SEDA)

Who is the contractor on this award?

The obligated recipient is VIGOR MARINE 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 $81.0 million.

What is the period of performance?

Start: 2016-02-16. End: 2018-08-12.

What was the initial estimated cost for this drydock availability, and how did the final award price compare?

The provided data does not include the initial estimated cost. Comparing the final award price of $80.97 million to the government's estimate is essential for a comprehensive value assessment. A significant difference could indicate issues with the bidding process or market conditions.

Were there any performance issues or contract modifications during the contract period?

The data indicates the contract was awarded in February 2016 and completed in August 2018, spanning 908 days. Without access to contract performance reports or modification logs, it's impossible to determine if there were any issues. Such information is critical for assessing contractor performance and overall contract effectiveness.

How does the per-day cost of this drydock availability compare to industry benchmarks for similar services?

Calculating a precise per-day cost requires dividing the total award by the duration (908 days). However, without specific details on the scope of services included (e.g., specialized equipment, labor rates, facility access), a direct comparison to industry benchmarks is difficult. The context of the services provided is key to an accurate assessment.

Industry Classification

NAICS: ManufacturingShip and Boat BuildingShip Building and Repairing

Product/Service Code: SHIP AND MARINE EQUIPMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: HSCG2315RNSC002

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Carlyle Group Management L.L.C. (UEI: 117730694)

Address: 5555 N. CHANNEL AVE, PORTLAND, OR, 97217

Business Categories: Category Business, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $81,296,325

Exercised Options: $80,967,450

Current Obligation: $80,967,450

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2016-02-16

Current End Date: 2018-08-12

Potential End Date: 2018-08-12 00:00:00

Last Modified: 2021-09-14

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