DoD Awards $23.8M Construction Contract to Great Lakes Dredge & Dock Co. for Heavy Engineering

Contract Overview

Contract Amount: $23,848,439 ($23.8M)

Contractor: Great Lakes Dredge & Dock CO, LLC

Awarding Agency: Department of Defense

Start Date: 2014-05-30

End Date: 2015-03-23

Contract Duration: 297 days

Daily Burn Rate: $80.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: DRMCD, REACH 'AA'

Place of Performance

Location: OAK BROOK, DUPAGE County, ILLINOIS, 60523

State: Illinois Government Spending

Plain-Language Summary

Department of Defense obligated $23.8 million to GREAT LAKES DREDGE & DOCK CO, LLC for work described as: DRMCD, REACH 'AA' Key points: 1. Contract awarded to a single large business, Great Lakes Dredge & Dock Co., LLC. 2. The contract falls under 'Other Heavy and Civil Engineering Construction' sector. 3. Full and open competition was utilized, suggesting a competitive bidding process. 4. The contract value is $23.8 million with a duration of 297 days.

Value Assessment

Rating: good

The contract value of $23.8 million for heavy civil engineering construction appears reasonable given the scope and duration. Benchmarking against similar large-scale infrastructure projects 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 bidders were likely considered, which generally promotes price discovery and competitive pricing. The award to a single entity suggests they offered the best value.

Taxpayer Impact: Taxpayer funds were utilized through a competitive process, aiming for cost-effectiveness in infrastructure development.

Public Impact

Supports critical infrastructure development within the Department of Defense. Potential for job creation and economic activity in the construction sector. Ensures necessary heavy engineering and construction capabilities are maintained.

Waste & Efficiency Indicators

Waste Risk Score: 80 / 10

Positive Signals

Sector Analysis

This contract is within the heavy and civil engineering construction sector, which involves large-scale infrastructure projects. Spending in this sector can vary significantly based on government needs and economic conditions.

Small Business Impact

The contract was awarded to a large business, Great Lakes Dredge & Dock Co., LLC. There is no indication of small business participation or subcontracting in the provided data.

Oversight & Accountability

The Department of the Army managed this contract, utilizing a definitive contract type. Oversight would focus on project execution, quality, and adherence to the firm fixed price.

Related Government Programs

Risk Flags

Tags

other-heavy-and-civil-engineering-constr, department-of-defense, il, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $23.8 million to GREAT LAKES DREDGE & DOCK CO, LLC. DRMCD, REACH 'AA'

Who is the contractor on this award?

The obligated recipient is GREAT LAKES DREDGE & DOCK CO, LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $23.8 million.

What is the period of performance?

Start: 2014-05-30. End: 2015-03-23.

What specific heavy and civil engineering construction services were performed under this contract?

The provided data indicates the contract was for 'Other Heavy and Civil Engineering Construction' but does not specify the exact services. These could range from site preparation, excavation, foundation work, to the construction of specialized structures or infrastructure relevant to military operations or facilities.

Were there any performance issues or contract modifications during the contract period?

The data does not include information on performance issues or modifications. A review of contract performance reports and modification history would be necessary to assess any deviations from the original terms, schedule, or budget.

How does the awarded price compare to the estimated cost or budget for this project?

The data provides the awarded amount ($23.8M) but not the initial estimated cost or budget. Comparing the awarded price to the government's estimate is crucial for assessing value for money and potential savings achieved through competition.

Industry Classification

NAICS: ConstructionOther Heavy and Civil Engineering ConstructionOther Heavy and Civil Engineering Construction

Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIESCONSTRUCTION OF BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SEALED BID

Solicitation ID: W912BU14B0006

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Great Lakes Dredge & Dock Corporation (UEI: 362899130)

Address: 2122 YORK RD STE 200, OAK BROOK, IL, 60523

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

Financial Breakdown

Contract Ceiling: $23,848,439

Exercised Options: $23,848,439

Current Obligation: $23,848,439

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2014-05-30

Current End Date: 2015-03-23

Potential End Date: 2015-03-23 00:00:00

Last Modified: 2020-10-03

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