Navy Awards $18.5M for Offshore Service Vessels, Highlighting Coastal Freight Needs

Contract Overview

Contract Amount: $18,514,079 ($18.5M)

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

Awarding Agency: Department of Defense

Start Date: 2009-10-01

End Date: 2014-09-30

Contract Duration: 1,825 days

Daily Burn Rate: $10.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 6

Pricing Type: FIRM FIXED PRICE

Sector: Transportation

Official Description: AWARD

Place of Performance

Location: VIRGINIA BEACH, VIRGINIA BEACH (CITY) County, VIRGINIA, 23455, UNITED STATES OF AMERICA

State: Virginia Government Spending

Plain-Language Summary

Department of Defense obligated $18.5 million to OFFSHORE SERVICE VESSELS, L.L.C. for work described as: AWARD Key points: 1. The contract awarded to Offshore Service Vessels, L.L.C. totals $18.5 million. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. The contract duration is 5 years, from October 2009 to September 2014. 4. The North American Industry Classification System (NAICS) code is 483113 for Coastal and Great Lakes Freight Transportation. 5. The contract type is Firm Fixed Price, which shifts cost risk to the contractor.

Value Assessment

Rating: good

The $18.5 million award for offshore service vessels appears reasonable given the 5-year duration and the nature of specialized maritime transportation services. Benchmarking against similar contracts for vessel chartering or specialized freight would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The use of full and open competition indicates that multiple vendors were likely solicited, fostering a competitive environment that should drive favorable pricing. The agency's ability to secure multiple bids is a positive sign for price discovery.

Taxpayer Impact: The competitive bidding process likely resulted in a fair market price, minimizing potential overspending and maximizing the value of taxpayer funds for essential transportation services.

Public Impact

Ensures continued operation of critical coastal and Great Lakes freight transportation services. Supports the Department of the Navy's logistical capabilities. Provides economic activity within the maritime transportation sector. The firm fixed price contract offers budget certainty for the Navy.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under the Transportation and Warehousing sector, specifically Coastal and Great Lakes Freight Transportation. Spending in this sector can fluctuate based on economic conditions, trade policies, and defense needs. Benchmarks for vessel chartering and specialized freight services are highly variable.

Small Business Impact

The provided data indicates that this contract was not awarded to a small business (ss: false). Further analysis would be needed to determine if small business subcontracting opportunities were pursued or if the nature of the service inherently limited small business participation.

Oversight & Accountability

The contract was awarded by the Department of the Navy, a component of the Department of Defense. Standard procurement oversight processes would apply, including contract administration and performance monitoring to ensure compliance with terms and conditions.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $18.5 million to OFFSHORE SERVICE VESSELS, L.L.C.. AWARD

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 $18.5 million.

What is the period of performance?

Start: 2009-10-01. End: 2014-09-30.

What was the specific scope of services provided by Offshore Service Vessels, L.L.C. under this contract?

The data indicates the contract is for Coastal and Great Lakes Freight Transportation (NAICS 483113). This likely encompasses the chartering and operation of service vessels for transporting goods and materials along coastal waterways and the Great Lakes. Specific details regarding the types of cargo, routes, and operational requirements would be found in the contract's statement of work.

How did the final awarded price compare to the initial solicitation estimates or bids received?

The data shows the awarded amount ($18.5M) but does not provide pre-award estimates or the range of bids received. Full and open competition suggests multiple bids were evaluated. A comparison would require access to the solicitation documents and bid tabulation to assess if the award represented a competitive price advantage or if there were significant deviations from estimates.

What performance metrics were used to evaluate the contractor's success throughout the contract period?

The provided data does not include specific performance metrics or quality assurance provisions. Typically, government contracts include clauses for performance evaluation, on-time delivery, and adherence to safety standards. Without these details, assessing the contractor's effectiveness and the overall value delivered is challenging.

Industry Classification

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

Product/Service Code: TRANSPORT, TRAVEL, RELOCATIONTRANSPORTATION OF THINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N0003309R2002

Offers Received: 6

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 16201 E MAIN ST, GALLIANO, LA, 70354

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

Financial Breakdown

Contract Ceiling: $18,514,079

Exercised Options: $18,514,079

Current Obligation: $18,514,079

Contract Characteristics

Cost or Pricing Data: NO

Timeline

Start Date: 2009-10-01

Current End Date: 2014-09-30

Potential End Date: 2014-09-30 00:00:00

Last Modified: 2015-04-08

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