Dod's $58.2M MK VI Patrol Boat Contract Awarded to Safe Boats International LLC

Contract Overview

Contract Amount: $58,219,421 ($58.2M)

Contractor: Safe Boats International LLC

Awarding Agency: Department of Defense

Start Date: 2014-07-02

End Date: 2019-03-28

Contract Duration: 1,730 days

Daily Burn Rate: $33.7K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: MK VI PATROL BOATS

Place of Performance

Location: TACOMA, PIERCE County, WASHINGTON, 98421

State: Washington Government Spending

Plain-Language Summary

Department of Defense obligated $58.2 million to SAFE BOATS INTERNATIONAL LLC for work described as: MK VI PATROL BOATS Key points: 1. The Department of the Navy awarded a $58.2 million contract for MK VI Patrol Boats. 2. SAFE BOATS INTERNATIONAL LLC is the sole awardee, raising questions about competition. 3. The contract spans nearly five years, indicating a significant investment. 4. The sector is Boat Building, with a PSC code of 336612. 5. The contract type is Firm Fixed Price, offering cost certainty.

Value Assessment

Rating: fair

The contract value of $58.2 million for 1 unit of MK VI Patrol Boats appears high without further context on specifications and capabilities. Benchmarking against similar specialized naval vessel procurements would be necessary for a precise assessment.

Cost Per Unit: $58,219,421.13

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award. This limits price discovery and potentially leads to higher costs for taxpayers as competitive pressures are absent.

Taxpayer Impact: The lack of competition in this sole-source award may result in a higher cost to taxpayers than if the contract had been competitively bid.

Public Impact

Naval readiness and operational capability are directly impacted by the acquisition of these patrol boats. The investment in specialized maritime assets supports national security objectives. The contract duration suggests a long-term need for these vessels within the Navy's fleet. Potential for follow-on contracts or sustainment services exists, impacting future spending.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The Boat Building sector, particularly for specialized naval vessels like patrol boats, often involves complex engineering and high manufacturing costs. Benchmarks for similar custom-built vessels are crucial for evaluating value.

Small Business Impact

Information regarding small business participation is not provided in the data. The sole-source nature of the award may limit opportunities for small businesses to participate as prime contractors or subcontractors.

Oversight & Accountability

The Department of Defense, specifically the Department of the Navy, is responsible for oversight. The contract's sole-source nature warrants close scrutiny to ensure fair pricing and adherence to requirements.

Related Government Programs

Risk Flags

Tags

boat-building, department-of-defense, wa, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $58.2 million to SAFE BOATS INTERNATIONAL LLC. MK VI PATROL BOATS

Who is the contractor on this award?

The obligated recipient is SAFE BOATS INTERNATIONAL LLC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Navy).

What is the total obligated amount?

The obligated amount is $58.2 million.

What is the period of performance?

Start: 2014-07-02. End: 2019-03-28.

What specific capabilities and features of the MK VI Patrol Boats justify the high per-unit cost, and how do these compare to commercially available or previously procured similar vessels?

The justification for the high per-unit cost of the MK VI Patrol Boats likely lies in their specialized design for naval operations, including advanced navigation, communication, and potentially defensive systems. These are not standard commercial features. A detailed comparison with similar military-grade patrol vessels, considering factors like speed, range, payload, and survivability, would be necessary to fully assess value. Without this, the $58.2 million per unit remains a significant expenditure.

Given the sole-source nature of this award, what measures were in place to ensure fair and reasonable pricing, and what is the potential risk of cost overruns or inflated prices?

In sole-source procurements, agencies typically rely on cost realism analyses, price proposals, and sometimes independent government cost estimates to ensure fair and reasonable pricing. However, the inherent lack of competition means the government lacks the leverage of competing bids. The primary risk is that SAFE BOATS INTERNATIONAL LLC may have charged a premium due to the absence of competitive pressure, potentially leading to higher costs for taxpayers than a competed contract.

How effective are the MK VI Patrol Boats in meeting the Navy's operational requirements, and what is the long-term strategic value of this acquisition in the current geopolitical landscape?

The effectiveness of the MK VI Patrol Boats is determined by their performance in real-world naval operations, such as coastal defense, interdiction, and force protection. Their strategic value is tied to the Navy's evolving mission requirements, particularly in littoral zones and areas where larger vessels may be less suitable. The long-term value depends on their adaptability to future threats and integration with broader naval strategies.

Industry Classification

NAICS: ManufacturingShip and Boat BuildingBoat Building

Product/Service Code: SHIPS, SMALL CRAFT, PONTOON, DOCKS

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: N0002414R2230

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 8800 BARNEY WHITE RD, BREMERTON, WA, 98312

Business Categories: Category Business, Manufacturer of Goods, Partnership or Limited Liability Partnership, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $58,219,421

Exercised Options: $58,219,421

Current Obligation: $58,219,421

Contract Characteristics

Commercial Item: COMMERCIAL ITEM

Cost or Pricing Data: NO

Timeline

Start Date: 2014-07-02

Current End Date: 2019-03-28

Potential End Date: 2019-03-28 00:00:00

Last Modified: 2018-07-13

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