Navy Awards $56.3M DDG 51 Ship Maintenance Contract to Pacific Shipyards International

Contract Overview

Contract Amount: $56,323,945 ($56.3M)

Contractor: Pacific Shipyards International, LLC

Awarding Agency: Department of Defense

Start Date: 2021-04-29

End Date: 2024-05-31

Contract Duration: 1,128 days

Daily Burn Rate: $49.9K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 2

Pricing Type: COST PLUS AWARD FEE

Sector: Defense

Official Description: DDG 51 PSA AT PEARL HARBOR AWARD

Place of Performance

Location: PEARL HARBOR, HONOLULU County, HAWAII, 96860

State: Hawaii Government Spending

Plain-Language Summary

Department of Defense obligated $56.3 million to PACIFIC SHIPYARDS INTERNATIONAL, LLC for work described as: DDG 51 PSA AT PEARL HARBOR AWARD Key points: 1. Contract awarded for DDG 51 class destroyer maintenance at Pearl Harbor. 2. Pacific Shipyards International, LLC is the contractor. 3. The contract is a Cost Plus Award Fee type. 4. This award falls under the Ship Building and Repairing NAICS code. 5. The contract duration is 1128 days.

Value Assessment

Rating: good

The contract type (Cost Plus Award Fee) allows for flexibility in pricing based on performance. Benchmarking against similar maintenance contracts for naval vessels is necessary to fully assess value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES', indicating a limited competition. This method may impact price discovery compared to unrestricted full and open competition.

Taxpayer Impact: Taxpayer funds are being used for essential maintenance of naval assets, ensuring operational readiness.

Public Impact

Ensures readiness of critical naval assets. Supports jobs in the shipbuilding and repair sector. Maintains the operational capability of the DDG 51 class destroyers. Impacts the local economy in Hawaii through contract work.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the shipbuilding and repair sector, which is critical for national defense. Spending benchmarks for similar naval maintenance contracts would provide further context for cost evaluation.

Small Business Impact

No specific information is provided regarding small business participation in this contract. Further analysis would be needed to determine if small businesses were involved as subcontractors.

Oversight & Accountability

The Department of the Navy is responsible for oversight of this contract. Robust oversight is crucial for Cost Plus Award Fee contracts to ensure cost control and performance.

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 $56.3 million to PACIFIC SHIPYARDS INTERNATIONAL, LLC. DDG 51 PSA AT PEARL HARBOR AWARD

Who is the contractor on this award?

The obligated recipient is PACIFIC SHIPYARDS 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 $56.3 million.

What is the period of performance?

Start: 2021-04-29. End: 2024-05-31.

What is the historical cost performance of Pacific Shipyards International on similar contracts?

Historical cost performance data for Pacific Shipyards International on comparable naval maintenance contracts would be valuable. Analyzing past projects can reveal trends in cost overruns or savings, providing insight into the contractor's efficiency and reliability in managing complex maintenance tasks and adherence to budget constraints.

How does the pricing structure of this Cost Plus Award Fee contract compare to fixed-price contracts for similar services?

Cost Plus Award Fee contracts offer flexibility but can be less predictable in final cost compared to fixed-price agreements. A comparison would involve analyzing the base cost plus potential award fees against the total cost of a fixed-price bid for equivalent maintenance scope. This helps determine if the potential for higher costs is justified by improved performance or specific project needs.

What are the key performance metrics used to determine the award fee in this contract?

The key performance metrics for the award fee are critical for understanding how contractor performance is measured and incentivized. These typically include factors like schedule adherence, quality of work, safety compliance, and responsiveness to government needs. Understanding these metrics is essential for assessing the effectiveness of the contract in achieving desired outcomes.

Industry Classification

NAICS: ManufacturingShip and Boat BuildingShip Building and Repairing

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N0002420R2310

Offers Received: 2

Pricing Type: COST PLUS AWARD FEE (R)

Evaluated Preference: NONE

Contractor Details

Address: 705 N NIMITZ HWY, HONOLULU, HI, 96817

Business Categories: Asian Pacific American Owned Business, Category Business, Limited Liability Corporation, Manufacturer of Goods, Minority Owned Business, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $58,507,284

Exercised Options: $58,507,284

Current Obligation: $56,323,945

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2021-04-29

Current End Date: 2024-05-31

Potential End Date: 2024-05-31 00:00:00

Last Modified: 2024-09-26

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