Navy Awards $92.5M Drydocking Contract to Vigor Marine LLC for USS Wayne E Meyer

Contract Overview

Contract Amount: $92,542,104 ($92.5M)

Contractor: Vigor Marine LLC

Awarding Agency: Department of Defense

Start Date: 2019-12-17

End Date: 2021-01-29

Contract Duration: 409 days

Daily Burn Rate: $226.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: USS WAYNE E MEYER FY20 DRYDOCKING SELECTED RESTRICTED AVAILABILITY (DSRA)

Place of Performance

Location: PEARL HARBOR, HONOLULU County, HAWAII, 96860

State: Hawaii Government Spending

Plain-Language Summary

Department of Defense obligated $92.5 million to VIGOR MARINE LLC for work described as: USS WAYNE E MEYER FY20 DRYDOCKING SELECTED RESTRICTED AVAILABILITY (DSRA) Key points: 1. Contract awarded to Vigor Marine LLC for $92.5M. 2. Full and open competition was utilized. 3. The contract is for drydocking and selected restricted availability. 4. The period of performance spans from December 2019 to January 2021. 5. The contract type is Firm Fixed Price.

Value Assessment

Rating: good

The contract value of $92.5M for a 409-day availability appears reasonable given the scope of drydocking and repair services for a naval vessel. Benchmarking against similar complex ship repair contracts would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The use of full and open competition suggests a robust process for soliciting bids and ensuring fair pricing. This method typically leads to competitive pricing as multiple qualified vendors can participate.

Taxpayer Impact: The competitive bidding process is expected to yield a fair price, maximizing the value of taxpayer funds for essential naval maintenance.

Public Impact

Ensures readiness of a key naval asset, the USS Wayne E Meyer. Supports the maritime industrial base through significant contract awards. Provides critical repair and maintenance services to the U.S. Navy fleet. Contributes to the economic activity in the region where Vigor Marine operates.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

Shipbuilding and Repair (NAICS 336611) is a critical sector for national defense, involving complex and high-value contracts. Spending benchmarks vary significantly based on vessel type, size, and scope of work.

Small Business Impact

While Vigor Marine LLC is a significant player, the contract's nature and value may limit direct participation by small businesses, though they could potentially act as subcontractors.

Oversight & Accountability

The Department of the Navy's contracting process, including full and open competition, provides a framework for oversight. Post-award monitoring would ensure adherence to contract terms and quality standards.

Related Government Programs

Risk Flags

Tags

ship-building-and-repairing, department-of-defense, hi, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $92.5 million to VIGOR MARINE LLC. USS WAYNE E MEYER FY20 DRYDOCKING SELECTED RESTRICTED AVAILABILITY (DSRA)

Who is the contractor on this award?

The obligated recipient is VIGOR MARINE 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 $92.5 million.

What is the period of performance?

Start: 2019-12-17. End: 2021-01-29.

What is the historical cost performance of Vigor Marine LLC on similar naval contracts?

Analyzing Vigor Marine LLC's past performance on comparable Department of Defense contracts, particularly those involving drydocking and extensive repairs, would provide insight into their cost control capabilities and reliability. This historical data can help assess the likelihood of the current contract staying within budget and meeting performance expectations.

Are there any specific risks associated with the 'selected restricted availability' aspect of this contract?

The 'selected restricted availability' designation suggests that while the competition was full and open, there might have been specific technical requirements or pre-qualification criteria that narrowed the field of eligible bidders. Understanding these restrictions is key to assessing if they unduly limited competition or introduced unique risks not present in standard drydocking.

How does the $92.5M cost compare to the average cost for similar naval vessel availabilities?

Benchmarking this $92.5M contract against the average cost for similar drydocking and repair availabilities for vessels of the USS Wayne E Meyer's class and complexity is crucial. A higher-than-average cost could indicate scope creep, less competitive pricing than anticipated, or unique challenges. Conversely, a lower cost might signal efficient execution or favorable market conditions.

Industry Classification

NAICS: ManufacturingShip and Boat BuildingShip Building and Repairing

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENTNON-NUCLEAR SHIP REPAIR

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N0002419R4464

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Carlyle Group Management L.L.C.

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

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

Financial Breakdown

Contract Ceiling: $92,645,922

Exercised Options: $92,542,104

Current Obligation: $92,542,104

Actual Outlays: $34,586,553

Subaward Activity

Number of Subawards: 184

Total Subaward Amount: $38,631,923

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2019-12-17

Current End Date: 2021-01-29

Potential End Date: 2021-01-29 00:00:00

Last Modified: 2022-02-02

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