DoD awards $26M for Mobilization & Demobilization to Great Lakes Dredge & Dock Co

Contract Overview

Contract Amount: $26,018,346 ($26.0M)

Contractor: Great Lakes Dredge & Dock CO, LLC

Awarding Agency: Department of Defense

Start Date: 2022-10-01

End Date: 2023-03-24

Contract Duration: 174 days

Daily Burn Rate: $149.5K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: MOBILIZATION & DEMOBILIZATION

Place of Performance

Location: MONTAUK, SUFFOLK County, NEW YORK, 11954

State: New York Government Spending

Plain-Language Summary

Department of Defense obligated $26.0 million to GREAT LAKES DREDGE & DOCK CO, LLC for work described as: MOBILIZATION & DEMOBILIZATION Key points: 1. Contract awarded to a single, established firm. 2. Competition method was full and open, suggesting market availability. 3. Risk appears moderate given the fixed-price nature and defined scope. 4. Construction sector spending often involves significant capital outlay.

Value Assessment

Rating: good

The contract value of $26M for mobilization and demobilization appears reasonable for a large-scale construction project. Benchmarking against similar heavy civil engineering contracts 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 that multiple vendors could have bid. This method generally promotes competitive pricing and ensures the government receives fair value.

Taxpayer Impact: The use of full and open competition is taxpayer-favorable as it encourages market-driven pricing and potentially lower overall costs.

Public Impact

Ensures critical infrastructure readiness for military operations. Supports economic activity within the heavy construction sector. Provides employment opportunities for skilled labor in construction.

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 characterized by large project values and specialized equipment. Spending in this sector is often tied to infrastructure development and defense readiness.

Small Business Impact

The data does not indicate any specific provisions or set-asides for small businesses in this contract. Further analysis would be needed to determine if small businesses had an opportunity to participate as subcontractors.

Oversight & Accountability

The contract was awarded by the Department of the Army, part of the Department of Defense. Standard oversight mechanisms for federal contracts would apply, including performance monitoring and financial audits.

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 $26.0 million to GREAT LAKES DREDGE & DOCK CO, LLC. MOBILIZATION & DEMOBILIZATION

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 $26.0 million.

What is the period of performance?

Start: 2022-10-01. End: 2023-03-24.

What is the typical cost range for mobilization and demobilization services in similar heavy civil engineering projects?

The typical cost range for mobilization and demobilization in heavy civil engineering projects can vary significantly based on project scale, location, and complexity. However, for projects in the tens of millions, these costs can represent 5-15% of the total contract value. Factors like specialized equipment transport, site preparation, and personnel deployment heavily influence these figures.

What are the primary risks associated with a firm fixed-price contract for mobilization and demobilization?

The primary risk with a firm fixed-price contract for mobilization and demobilization is that the contractor may incur costs exceeding the agreed price, potentially leading to disputes or requests for modification. Conversely, if costs are lower than anticipated, the contractor benefits from higher profit margins. For the government, the risk lies in potentially paying a premium if the contractor's cost estimates were overly conservative.

How effectively does full and open competition ensure value for money in specialized construction contracts like this?

Full and open competition is generally effective in ensuring value for money by exposing the government to a wider range of potential bidders and fostering competitive pricing. For specialized construction, it allows the government to identify contractors with the best technical capabilities and most competitive cost structures. However, the effectiveness can be limited if the market for such specialized services is inherently narrow.

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: W912DS22B0020

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Great Lakes Dredge & Dock Corporation

Address: 9811 KATY FWY STE 1200, HOUSTON, TX, 77024

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: $26,018,346

Exercised Options: $26,018,346

Current Obligation: $26,018,346

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2022-10-01

Current End Date: 2023-03-24

Potential End Date: 2023-03-24 00:00:00

Last Modified: 2023-10-19

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