DoD Awards $159M Dredging Contract to Great Lakes Dredge & Dock Co. for Heavy Civil Engineering

Contract Overview

Contract Amount: $159,439,395 ($159.4M)

Contractor: Great Lakes Dredge & Dock CO, LLC

Awarding Agency: Department of Defense

Start Date: 2015-09-30

End Date: 2020-03-15

Contract Duration: 1,628 days

Daily Burn Rate: $97.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: IGF::OT::IGF - DREDGING&ROCK REMOVAL, DRMCD

Place of Performance

Location: OAK BROOK, DUPAGE County, ILLINOIS, 60523

State: Illinois Government Spending

Plain-Language Summary

Department of Defense obligated $159.4 million to GREAT LAKES DREDGE & DOCK CO, LLC for work described as: IGF::OT::IGF - DREDGING&ROCK REMOVAL, DRMCD Key points: 1. Significant contract value of $159.4M awarded. 2. Competition was full and open, suggesting market availability. 3. Risk appears moderate given the firm fixed-price contract type. 4. Sector is Heavy and Civil Engineering Construction.

Value Assessment

Rating: good

The contract value of $159.4M for dredging and rock removal appears reasonable for a large-scale civil engineering project. Benchmarking against similar large-scale federal construction contracts would provide further context on pricing efficiency.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and ensures the government receives the best value.

Taxpayer Impact: The use of full and open competition is expected to yield a fair price, maximizing taxpayer value for the services rendered.

Public Impact

Impacts infrastructure development and maintenance in Illinois. Supports critical waterway navigation and port access. Ensures environmental compliance for dredging operations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Heavy and Civil Engineering Construction sector, which includes large-scale projects like dredging, bridges, and highways. Spending in this sector is often project-driven and subject to economic conditions and infrastructure needs.

Small Business Impact

The data indicates no small business participation in this contract. This could be due to the specialized nature of the work or the large contract size, which may favor larger, established firms.

Oversight & Accountability

The contract was awarded by the Department of the Army, a component of the Department of Defense. Standard federal procurement oversight processes would apply, including reviews for compliance and performance.

Related Government Programs

Risk Flags

Tags

other-heavy-and-civil-engineering-constr, department-of-defense, il, definitive-contract, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $159.4 million to GREAT LAKES DREDGE & DOCK CO, LLC. IGF::OT::IGF - DREDGING&ROCK REMOVAL, DRMCD

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 $159.4 million.

What is the period of performance?

Start: 2015-09-30. End: 2020-03-15.

What specific dredging and rock removal tasks were performed under this contract, and how did they contribute to the agency's mission?

The contract likely involved the removal of sediment and rock from waterways to maintain or improve navigation depths, support port operations, and potentially for environmental remediation. These tasks are crucial for the Department of the Army's responsibilities in managing waterways and ensuring efficient transportation of goods and resources.

Were there any performance issues or disputes during the contract's 1628-day duration, and how were they resolved?

Information on performance issues or disputes is not provided in the data. However, for a contract of this duration and value, it is common for agencies to have mechanisms for monitoring performance, addressing issues through contract modifications or claims, and ensuring timely resolution to avoid project delays and cost overruns.

How does the final cost compare to the initial estimated cost, and what factors influenced any variance?

The provided data does not include initial estimated costs or final cost variances. However, with a firm fixed-price contract awarded under full and open competition, the expectation is that the final cost would closely align with the awarded amount, barring unforeseen circumstances that would necessitate contract modifications.

Industry Classification

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

Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTYMAINT, ALTER, REPAIR BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SEALED BID

Solicitation ID: W912BU15B0009

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, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $159,439,395

Exercised Options: $159,439,395

Current Obligation: $159,439,395

Subaward Activity

Number of Subawards: 1

Total Subaward Amount: $1,332,805

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2015-09-30

Current End Date: 2020-03-15

Potential End Date: 2020-03-15 00:00:00

Last Modified: 2020-05-29

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