DoD's $24M Contract for Coastal Freight Transportation: A Look at Value and Competition

Contract Overview

Contract Amount: $23,988,849 ($24.0M)

Contractor: Offshore Service Vessels, L.L.C.

Awarding Agency: Department of Defense

Start Date: 2003-11-25

End Date: 2008-09-18

Contract Duration: 1,759 days

Daily Burn Rate: $13.6K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Transportation

Place of Performance

Location: NEW LONDON, NEW LONDON County, CONNECTICUT, 06320

State: Connecticut Government Spending

Plain-Language Summary

Department of Defense obligated $24.0 million to OFFSHORE SERVICE VESSELS, L.L.C. for work described as: Key points: 1. The contract awarded to OFFSHORE SERVICE VESSELS, L.L.C. for coastal and Great Lakes freight transportation represents a significant expenditure. 2. Full and open competition was utilized, suggesting a potentially competitive pricing environment. 3. The duration of the contract (1759 days) indicates a long-term need for these services. 4. The absence of small business participation warrants further investigation into contracting opportunities.

Value Assessment

Rating: fair

The award amount of $23,988,849.31 for 1759 days of service suggests a daily rate of approximately $13,638. Benchmarking against similar contracts for specialized vessel services is needed to assess value.

Cost Per Unit: $13,638

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which typically fosters competitive pricing. However, the specific pricing outcomes and whether multiple bids were received and evaluated are not detailed here.

Taxpayer Impact: Taxpayer funds were utilized for this contract. The effectiveness of the competition in securing the best possible price for the government is a key consideration for taxpayer impact.

Public Impact

Ensures critical transportation services for the Department of the Navy. Supports maritime logistics and supply chain operations. Potential economic impact on the maritime transportation sector. Highlights the government's reliance on specialized vessel services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The contract falls within the transportation sector, specifically focusing on coastal and Great Lakes freight. Government spending in this area is crucial for national logistics and defense readiness, with benchmarks varying based on vessel type and service requirements.

Small Business Impact

The contract data indicates that small businesses were not involved in this award (ss=false, sb=false). This suggests a potential missed opportunity for small business engagement and warrants an analysis of why small businesses did not participate or were not considered.

Oversight & Accountability

The contract was awarded by the Department of the Navy, a component of the Department of Defense. Oversight would typically involve contract management by the Navy to ensure performance and adherence to terms, with potential for broader DoD review.

Related Government Programs

Risk Flags

Tags

coastal-and-great-lakes-freight-transpor, department-of-defense, ct, dca, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $24.0 million to OFFSHORE SERVICE VESSELS, L.L.C.. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is OFFSHORE SERVICE VESSELS, L.L.C..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $24.0 million.

What is the period of performance?

Start: 2003-11-25. End: 2008-09-18.

What was the competitive landscape like for this contract, and did the full and open competition result in a price advantage for the government?

While the contract was awarded under full and open competition, the provided data does not detail the number of bids received or the specific pricing strategies employed by bidders. A thorough review of the solicitation and award documents would be necessary to ascertain the degree of competition and whether it effectively drove down costs compared to a sole-source or limited competition scenario.

What are the primary risks associated with a long-term contract for specialized freight transportation services, and how were they mitigated?

Risks include potential cost overruns due to fluctuating fuel prices or unforeseen operational challenges, service disruptions, and the risk of vendor lock-in. Mitigation strategies might involve robust performance clauses, contingency planning, and regular performance reviews. The firm fixed-price structure aims to cap cost risks for the government, but operational risks remain.

How does the per-unit cost of $13,638 compare to industry benchmarks for similar offshore service vessel operations, and does it represent good value for the taxpayer?

Without specific details on the vessel size, type, operational scope, and duration of service, a precise benchmark is difficult. However, $13,638 per day is a substantial figure. A detailed cost-benefit analysis comparing this rate against market rates for comparable services, considering the specific requirements of the Navy's mission, is essential to determine if it represents good value.

Industry Classification

NAICS: Transportation and WarehousingDeep Sea, Coastal, and Great Lakes Water TransportationCoastal and Great Lakes Freight Transportation

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Contractor Details

Address: 16201 EAST MAIN STREET, GALLIANO, LA, 01

Business Categories: Category Business, Not Designated a Small Business

Contract Characteristics

Cost or Pricing Data: NO

Timeline

Start Date: 2003-11-25

Current End Date: 2008-09-18

Potential End Date: 2008-09-18 00:00:00

Last Modified: 2010-03-10

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