DoD's Navy Awards $46.5M for Time Tanker Charter, Boosting Coastal Tanker Services

Contract Overview

Contract Amount: $46,487,007 ($46.5M)

Contractor: Patriot Contract Services, LLC

Awarding Agency: Department of Defense

Start Date: 2023-05-18

End Date: 2026-06-28

Contract Duration: 1,137 days

Daily Burn Rate: $40.9K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Transportation

Official Description: N103B/ N321B/ S.RICKER/ TIME TANKER CHARTER - COASTAL TANKER 1

Place of Performance

Location: CONCORD, CONTRA COSTA County, CALIFORNIA, 94520

State: California Government Spending

Plain-Language Summary

Department of Defense obligated $46.5 million to PATRIOT CONTRACT SERVICES, LLC for work described as: N103B/ N321B/ S.RICKER/ TIME TANKER CHARTER - COASTAL TANKER 1 Key points: 1. The contract is for deep-sea freight transportation, a critical component of naval logistics. 2. Patriot Contract Services, LLC secured the award, indicating a competitive landscape for specialized maritime services. 3. The firm-fixed-price contract type suggests predictable costs for the government. 4. The duration of over three years highlights the long-term need for these services.

Value Assessment

Rating: good

The award amount of $46.5M over approximately three years appears reasonable for specialized tanker charter services. Benchmarking against similar long-term vessel charters would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES,' suggesting a competitive process but with specific criteria or prior exclusions. This method aims for fair pricing while ensuring specialized requirements are met.

Taxpayer Impact: The firm-fixed-price structure helps control costs, ensuring taxpayer funds are used efficiently for essential transportation services.

Public Impact

Ensures continuous supply chain operations for naval assets. Supports global maritime defense readiness. Provides essential infrastructure for fuel and cargo transport. Contributes to the operational efficiency of the U.S. Navy.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The Department of Defense's spending in the transportation sector, particularly for maritime logistics, is substantial. This contract aligns with the Navy's need for reliable deep-sea freight capabilities, a niche requiring specialized vessels and operational expertise.

Small Business Impact

This contract was awarded to Patriot Contract Services, LLC. Further analysis is needed to determine the extent of small business participation as subcontractors within this award.

Oversight & Accountability

The definitive contract structure and the specified award process suggest a degree of oversight. However, ongoing monitoring of performance and cost adherence will be crucial for accountability.

Related Government Programs

Risk Flags

Tags

deep-sea-freight-transportation, department-of-defense, ca, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $46.5 million to PATRIOT CONTRACT SERVICES, LLC. N103B/ N321B/ S.RICKER/ TIME TANKER CHARTER - COASTAL TANKER 1

Who is the contractor on this award?

The obligated recipient is PATRIOT CONTRACT SERVICES, 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 $46.5 million.

What is the period of performance?

Start: 2023-05-18. End: 2026-06-28.

What is the historical performance record of Patriot Contract Services, LLC in fulfilling similar maritime charter contracts?

Assessing Patriot Contract Services, LLC's past performance is crucial for understanding their reliability and capability in executing this significant tanker charter contract. Reviewing their track record on previous government or commercial contracts, particularly those involving similar vessel types, durations, and operational complexities, can provide insights into their ability to meet delivery schedules, maintain vessel readiness, and adhere to safety and environmental standards. This historical data informs the risk assessment for the current contract's success.

How does the daily charter rate compare to industry benchmarks for similar coastal tanker services?

Comparing the daily charter rate to industry benchmarks is essential for evaluating the cost-effectiveness of this $46.5 million contract. Analyzing rates for comparable vessels (size, age, capabilities) in similar geographic regions and contract durations (long-term vs. spot market) will reveal whether the government is securing a competitive price. Deviations from benchmarks could indicate unique service requirements, market conditions, or potential over/underpricing that warrants further investigation.

What are the contingency plans in place should Patriot Contract Services, LLC experience operational failures or be unable to fulfill the contract?

Robust contingency plans are vital given the critical nature of deep-sea freight transportation for naval operations. The government should have pre-defined procedures for addressing potential service disruptions, including alternative sourcing strategies, penalties for non-performance, and mechanisms for contract termination and re-award. Understanding these plans helps assess the risk mitigation strategy and ensures continuity of essential services in unforeseen circumstances.

Industry Classification

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

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N3220522R5436

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1320 WILLOW PASS RD, CONCORD, CA, 94520

Business Categories: Category Business, Limited Liability Corporation, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $69,638,906

Exercised Options: $46,487,007

Current Obligation: $46,487,007

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2023-05-18

Current End Date: 2026-06-28

Potential End Date: 2028-05-29 00:00:00

Last Modified: 2025-08-25

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