DoD Awards $39.8M Contract to Vigor Marine for USNS Pecos Overhaul

Contract Overview

Contract Amount: $39,838,158 ($39.8M)

Contractor: Vigor Marine LLC

Awarding Agency: Department of Defense

Start Date: 2023-05-19

End Date: 2023-11-20

Contract Duration: 185 days

Daily Burn Rate: $215.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: N104A1 / PM1 / R. VANCE / FY23 USNS PECOS REGULAR OVERHAUL/ DRY DOCK

Place of Performance

Location: PORTLAND, MULTNOMAH County, OREGON, 97217

State: Oregon Government Spending

Plain-Language Summary

Department of Defense obligated $39.8 million to VIGOR MARINE LLC for work described as: N104A1 / PM1 / R. VANCE / FY23 USNS PECOS REGULAR OVERHAUL/ DRY DOCK Key points: 1. The contract value of $39.8M is significant for ship repair. 2. Vigor Marine LLC secured the award through full and open competition. 3. The firm-fixed-price contract type aims to control costs. 4. This award falls within the Ship Building and Repairing sector.

Value Assessment

Rating: good

The $39.8M award appears reasonable for a regular overhaul and dry dock of 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 contract was awarded using full and open competition, indicating a robust price discovery process. This method generally leads to more competitive pricing.

Taxpayer Impact: The competitive bidding process is expected to ensure taxpayer funds are used efficiently for this essential naval maintenance.

Public Impact

Ensures readiness of the USNS Pecos for naval operations. Supports maritime infrastructure and the shipbuilding/repair industry. Provides critical maintenance for a government-owned, contractor-operated vessel.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract is within the shipbuilding and repairing sector, which is vital for maintaining the operational capacity of the U.S. Navy's fleet. Spending in this sector can fluctuate based on fleet age and modernization needs.

Small Business Impact

While Vigor Marine LLC is the prime contractor, the extent of small business subcontracting is not detailed in this award notice. Further analysis would be needed to assess small business participation.

Oversight & Accountability

The award was made by the Department of the Navy, a component of the Department of Defense, indicating established oversight mechanisms. Contract performance will be monitored to ensure adherence to terms and conditions.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $39.8 million to VIGOR MARINE LLC. N104A1 / PM1 / R. VANCE / FY23 USNS PECOS REGULAR OVERHAUL/ DRY DOCK

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 $39.8 million.

What is the period of performance?

Start: 2023-05-19. End: 2023-11-20.

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

Assessing Vigor Marine LLC's past performance on comparable contracts is crucial. Reviewing their track record for on-time delivery, adherence to budget, and quality of work on previous naval overhauls will provide insight into their capability and reliability for this specific project. This historical data can help predict potential risks and ensure successful project execution.

How does the benchmarked cost for this overhaul compare to similar vessels or previous overhauls?

Comparing the $39.8M cost to industry benchmarks for similar vessel classes and overhaul scopes is essential for value assessment. Analyzing costs from previous, comparable overhauls of the USNS Pecos or similar T-AKE class ships can reveal if this contract represents a fair and reasonable price. Significant deviations may warrant further investigation into the scope or market conditions.

What are the key performance indicators (KPIs) being used to measure the success of this overhaul contract?

Understanding the specific KPIs for this contract is vital for evaluating its effectiveness. These might include adherence to the dry-docking schedule, completion of all specified repair and maintenance tasks, quality of workmanship, and meeting environmental and safety standards. Tracking these metrics will determine if the contract achieves its intended operational and readiness objectives for the USNS Pecos.

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: N3220523R4211

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Vigor Industrial LLC

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: $40,836,720

Exercised Options: $39,838,158

Current Obligation: $39,838,158

Subaward Activity

Number of Subawards: 37

Total Subaward Amount: $7,644,614

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2023-05-19

Current End Date: 2023-11-20

Potential End Date: 2023-11-20 00:00:00

Last Modified: 2024-09-06

More Contracts from Vigor Marine LLC

View all Vigor Marine LLC federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending