FEMA awards $270.6M contract for travel trailers to Gulf Stream Coach Inc

Contract Overview

Contract Amount: $270,623,677 ($270.6M)

Contractor: Gulf Stream Coach Inc

Awarding Agency: Department of Homeland Security

Start Date: 2005-09-09

End Date: 2006-09-30

Contract Duration: 386 days

Daily Burn Rate: $701.1K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: TRAILERS

Place of Performance

Location: NAPPANEE, ELKHART County, INDIANA, 46550

State: Indiana Government Spending

Plain-Language Summary

Department of Homeland Security obligated $270.6 million to GULF STREAM COACH INC for work described as: TRAILERS Key points: 1. Significant contract value of $270.6 million. 2. Sole-source award to Gulf Stream Coach Inc. 3. Potential risk due to lack of competition. 4. Contract falls under Travel Trailer and Camper Manufacturing sector.

Value Assessment

Rating: questionable

The contract value is substantial. Without competitive bidding, it's difficult to assess if the price is optimal compared to market rates for similar trailers.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

The contract was not competed, indicating a sole-source award. This limits price discovery and may lead to higher costs for taxpayers.

Taxpayer Impact: The lack of competition raises concerns about the efficient use of taxpayer funds.

Public Impact

Awarded for travel trailers, potentially for disaster relief or temporary housing. Large contract value suggests significant demand or specific requirements. Sole-source nature may impact availability and pricing for future needs.

Waste & Efficiency Indicators

Waste Risk Score: 30 / 10

Warning Flags

Positive Signals

Sector Analysis

The Travel Trailer and Camper Manufacturing sector involves production of recreational vehicles. Federal spending in this area often relates to emergency response or temporary housing solutions.

Small Business Impact

The data does not indicate any specific provisions or considerations for small businesses in this sole-source award.

Oversight & Accountability

The sole-source nature of this award warrants scrutiny to ensure the government received fair value and that competition was appropriately waived.

Related Government Programs

Risk Flags

Tags

travel-trailer-and-camper-manufacturing, department-of-homeland-security, in, dca, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Homeland Security awarded $270.6 million to GULF STREAM COACH INC. TRAILERS

Who is the contractor on this award?

The obligated recipient is GULF STREAM COACH INC.

Which agency awarded this contract?

Awarding agency: Department of Homeland Security (Federal Emergency Management Agency).

What is the total obligated amount?

The obligated amount is $270.6 million.

What is the period of performance?

Start: 2005-09-09. End: 2006-09-30.

What was the justification for the sole-source award, and how was the price determined to be fair and reasonable?

The justification for a sole-source award typically involves specific circumstances where only one vendor can meet the requirement. Without this justification, it's impossible to assess the fairness of the price. The government usually relies on cost analysis or market research to establish a fair and reasonable price, but this is less robust without competitive bids.

What is the potential impact on future trailer procurement if this sole-source contract sets a precedent?

If this sole-source contract sets a precedent, it could discourage future competition by signaling that FEMA may not pursue competitive solicitations. This could lead to higher prices and reduced innovation in the long run, as manufacturers may not feel the need to invest in competitive strategies if they anticipate sole-source awards.

How effectively were taxpayer funds utilized given the absence of a competitive bidding process?

The absence of a competitive bidding process makes it challenging to definitively assess the effective utilization of taxpayer funds. While the contract fulfilled a need, the lack of competition raises concerns that the price may not have been the lowest achievable. A thorough post-award review of the pricing justification would be necessary.

Industry Classification

NAICS: ManufacturingMotor Vehicle Body and Trailer ManufacturingTravel Trailer and Camper Manufacturing

Product/Service Code: MOTOR VEHICLES, CYCLES, TRAILERS

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: COUNTY ROAD #7, NAPPANEE, IN, 02

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $270,623,677

Exercised Options: $270,623,677

Current Obligation: $270,623,677

Timeline

Start Date: 2005-09-09

Current End Date: 2006-09-30

Potential End Date: 2006-09-30 00:00:00

Last Modified: 2010-04-07

More Contracts from Gulf Stream Coach Inc

View all Gulf Stream Coach Inc federal contracts →

Other Department of Homeland Security Contracts

View all Department of Homeland Security contracts →

Explore Related Government Spending