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
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
- Potential for cost overruns in specialized repair work.
- Dependence on a single contractor for critical drydock services.
Positive Signals
- Utilized full and open competition.
- Contract awarded for essential Coast Guard operational needs.
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
- Ship Building and Repairing
- Department of Homeland Security Contracting
- U.S. Coast Guard Programs
Risk Flags
- Lack of detailed cost breakdown.
- No information on bid protest history.
- Limited insight into contractor past performance.
- Unclear if small businesses were involved in subcontracting.
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: Manufacturing › Ship and Boat Building › Ship 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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