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
- Lack of competition
- Potential for overpricing
- Limited transparency
Positive Signals
- Addresses a specific need for trailers
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
- Travel Trailer and Camper Manufacturing
- Department of Homeland Security Contracting
- Federal Emergency Management Agency Programs
Risk Flags
- Sole-source award
- Lack of competitive pricing
- Potential for inflated costs
- Limited transparency in procurement
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: Manufacturing › Motor Vehicle Body and Trailer Manufacturing › Travel 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
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