Ambrose Channel Dredging Contract Awarded for $20.4M to Great Lakes Dredge & Dock Co

Contract Overview

Contract Amount: $20,380,305 ($20.4M)

Contractor: Great Lakes Dredge & Dock CO, LLC

Awarding Agency: Department of Defense

Start Date: 2011-09-02

End Date: 2012-11-02

Contract Duration: 427 days

Daily Burn Rate: $47.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: DREDGING OF AMBROSE CHANNEL (S-AM-3A)

Place of Performance

Location: STATEN ISLAND, RICHMOND County, NEW YORK, 10305

State: New York Government Spending

Plain-Language Summary

Department of Defense obligated $20.4 million to GREAT LAKES DREDGE & DOCK CO, LLC for work described as: DREDGING OF AMBROSE CHANNEL (S-AM-3A) Key points: 1. Contract awarded to a single, large company, indicating potential for specialized capabilities. 2. The firm fixed price contract type suggests a clear scope and budget, mitigating cost overrun risks. 3. The project falls within the heavy and civil engineering construction sector, crucial for maritime infrastructure. 4. No small business participation noted, which could be a missed opportunity for economic diversification.

Value Assessment

Rating: good

The contract value of $20.4M for dredging services appears reasonable given the scope of work for Ambrose Channel. Benchmarking against similar large-scale maritime construction projects would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a robust price discovery process. This method typically leads to competitive pricing as multiple qualified bidders vie for the contract.

Taxpayer Impact: The competitive bidding process likely ensured a fair price for taxpayers, maximizing the value received for the $20.4M expenditure on essential waterway maintenance.

Public Impact

Ensures continued navigability of a critical East Coast shipping channel. Supports economic activity by facilitating maritime trade and commerce. Maintains national infrastructure vital for defense and supply chain resilience. Potential for environmental impact from dredging activities requires monitoring.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under heavy and civil engineering construction, a sector vital for national infrastructure. Spending in this sector often involves large capital investments for projects like port maintenance and waterway improvements.

Small Business Impact

The contract was not awarded to a small business, and there is no indication of small business subcontracting. This suggests that the specialized nature of the dredging work may have favored larger, established firms.

Oversight & Accountability

Awarded under full and open competition, the contract implies a structured procurement process. Oversight would focus on project execution, adherence to specifications, and environmental compliance during the dredging period.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $20.4 million to GREAT LAKES DREDGE & DOCK CO, LLC. DREDGING OF AMBROSE CHANNEL (S-AM-3A)

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 $20.4 million.

What is the period of performance?

Start: 2011-09-02. End: 2012-11-02.

What was the competitive landscape like for this specific dredging project, and did the number of bids reflect sufficient competition?

The contract was awarded under 'full and open competition,' indicating that multiple bidders were theoretically allowed to participate. However, the number of bids received (3) is on the lower side for such a significant infrastructure project. Further analysis would be needed to determine if this number was sufficient to drive optimal pricing and if the bidders were truly qualified and capable of performing the complex dredging work.

What are the primary risks associated with this dredging contract, and how were they mitigated?

Key risks include potential environmental impacts from sediment disturbance, unforeseen subsurface conditions affecting dredging depth or material, and contractor performance issues. The firm fixed price contract helps mitigate cost overrun risks. Mitigation for environmental risks would typically involve strict adherence to environmental permits and monitoring protocols. Unforeseen conditions might be addressed through contract clauses allowing for equitable adjustments.

How does the cost of this dredging project compare to similar infrastructure investments, and what is the long-term value proposition?

The $20.4M cost for dredging Ambrose Channel needs to be benchmarked against similar large-scale maritime infrastructure projects to assess its value. The long-term value lies in maintaining a critical shipping artery, supporting economic trade, and ensuring national security through reliable port access. The firm fixed price structure aims to deliver this value within a defined budget.

Industry Classification

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

Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIESCONSTRUCT NONBUILDING FACILITIES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SEALED BID

Solicitation ID: W912DS11B0004

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: $21,245,805

Exercised Options: $20,380,305

Current Obligation: $20,380,305

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2011-09-02

Current End Date: 2012-11-02

Potential End Date: 2012-11-02 00:00:00

Last Modified: 2021-02-25

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