DoD Awards $28.6M Construction Contract to Great Lakes Dredge & Dock Co. for Atlantic City Project

Contract Overview

Contract Amount: $28,646,528 ($28.6M)

Contractor: Great Lakes Dredge & Dock CO, LLC

Awarding Agency: Department of Defense

Start Date: 2020-07-28

End Date: 2021-12-04

Contract Duration: 494 days

Daily Burn Rate: $58.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: ATLANTIC CITY

Place of Performance

Location: ATLANTIC CITY, ATLANTIC County, NEW JERSEY, 08401

State: New Jersey Government Spending

Plain-Language Summary

Department of Defense obligated $28.6 million to GREAT LAKES DREDGE & DOCK CO, LLC for work described as: ATLANTIC CITY Key points: 1. Contract awarded for heavy civil engineering construction in Atlantic City. 2. Great Lakes Dredge & Dock Co., LLC secured the award. 3. The contract value is $28.6 million. 4. This falls under the 'Other Heavy and Civil Engineering Construction' NAICS code. 5. The project duration is 494 days.

Value Assessment

Rating: good

The contract value of $28.6 million appears reasonable for a large-scale civil engineering project of this nature. Benchmarking against similar Army Corps of Engineers projects would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a robust price discovery process. This method generally leads to more competitive pricing for the government.

Taxpayer Impact: The use of full and open competition suggests taxpayers are likely receiving a fair price for the services rendered.

Public Impact

Local economic impact through construction jobs and related services in Atlantic City, NJ. Improved infrastructure or environmental resilience in the Atlantic City area. Potential for follow-on contracts or similar projects in the region.

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 is critical for infrastructure development and maintenance. Spending in this sector can fluctuate based on government priorities and funding availability.

Small Business Impact

The data indicates that this contract was not awarded to a small business (ss: false, sb: false). Further analysis would be needed to determine if small business subcontracting opportunities were pursued or mandated.

Oversight & Accountability

The Department of the Army awarded this contract, implying oversight from a federal agency. The use of a definitive contract suggests a clear scope and terms, facilitating accountability.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $28.6 million to GREAT LAKES DREDGE & DOCK CO, LLC. ATLANTIC CITY

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 $28.6 million.

What is the period of performance?

Start: 2020-07-28. End: 2021-12-04.

What specific infrastructure or environmental improvements does this contract address in Atlantic City?

The provided data does not specify the exact nature of the 'Other Heavy and Civil Engineering Construction' project in Atlantic City. Further investigation into the contract's statement of work or associated documentation would be required to understand the specific improvements, such as coastal defense, harbor dredging, or utility upgrades, and their direct benefit to the local area and its residents.

What are the key performance indicators and risk mitigation strategies for this project?

The data does not detail specific performance indicators or risk mitigation strategies. Given the project's duration and nature, typical KPIs might include schedule adherence, quality of work, and budget management. Risk mitigation would likely involve detailed planning, contractor vetting, and contingency measures for unforeseen site conditions or weather events.

How does the $28.6 million cost compare to similar civil engineering projects managed by the Army Corps of Engineers?

Without specific project details and comparable contract data, a precise cost comparison is difficult. However, $28.6 million is a substantial sum, suggesting a project of significant scale or complexity. Benchmarking against similar Army Corps of Engineers projects for coastal resilience, dredging, or infrastructure repair in comparable geographic areas would be necessary for a thorough assessment.

Industry Classification

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

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SEALED BID

Solicitation ID: W912BU20B0007

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Great Lakes Dredge & Dock Corporation

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: $28,646,528

Exercised Options: $28,646,528

Current Obligation: $28,646,528

Subaward Activity

Number of Subawards: 2

Total Subaward Amount: $1,824,311

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2020-07-28

Current End Date: 2021-12-04

Potential End Date: 2021-12-04 00:00:00

Last Modified: 2022-12-22

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