DOD Awards $63.3M for Hydraulic Beach Fill to Weeks Marine, Inc. Under Full and Open Competition

Contract Overview

Contract Amount: $63,319,119 ($63.3M)

Contractor: Weeks Marine, Inc.

Awarding Agency: Department of Defense

Start Date: 2022-10-28

End Date: 2024-10-15

Contract Duration: 718 days

Daily Burn Rate: $88.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: HYDRAULIC BEACH FILL

Place of Performance

Location: MONMOUTH BEACH, MONMOUTH County, NEW JERSEY, 07750

State: New Jersey Government Spending

Plain-Language Summary

Department of Defense obligated $63.3 million to WEEKS MARINE, INC. for work described as: HYDRAULIC BEACH FILL Key points: 1. Significant contract value of $63.3 million for critical infrastructure. 2. Full and open competition suggests a competitive bidding process. 3. Potential risks include project delays or cost overruns in large construction projects. 4. Construction sector spending is substantial, with this contract representing a portion of that.

Value Assessment

Rating: good

The contract value of $63.3 million appears reasonable for a large-scale civil engineering project of this nature. Benchmarking against similar hydraulic fill contracts would provide a more precise assessment, but the firm fixed-price structure offers cost certainty.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple bidders had the opportunity to submit proposals. This method is expected to drive competitive pricing and ensure the government receives the best value.

Taxpayer Impact: The use of full and open competition aims to maximize taxpayer value by fostering a competitive environment that can lead to lower prices and higher quality services.

Public Impact

Enhances coastal resilience and protects infrastructure from erosion. Supports environmental restoration and habitat creation through beach nourishment. Contributes to local economies through job creation and related services.

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 a significant area of government spending. Benchmarks for similar large-scale coastal engineering projects would be relevant for a detailed cost analysis.

Small Business Impact

While the contract was awarded under full and open competition, there is no specific indication of small business participation in the provided data. Further analysis would be needed to determine if small businesses were involved as subcontractors.

Oversight & Accountability

The definitive contract award and firm fixed-price structure suggest a degree of oversight. However, ongoing monitoring of project progress, adherence to specifications, and budget management by the Department of the Army is crucial for 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 $63.3 million to WEEKS MARINE, INC.. HYDRAULIC BEACH FILL

Who is the contractor on this award?

The obligated recipient is WEEKS MARINE, INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $63.3 million.

What is the period of performance?

Start: 2022-10-28. End: 2024-10-15.

What is the historical performance of Weeks Marine, Inc. on similar federal contracts, particularly regarding cost and schedule adherence?

Weeks Marine, Inc. has a track record of undertaking large-scale marine construction projects. Analyzing their past performance on similar hydraulic fill or coastal defense contracts would reveal their typical adherence to budget and timelines. This historical data is crucial for assessing the reliability of their current bid and predicting potential risks of cost overruns or delays.

How does the awarded price compare to independent cost estimates for hydraulic beach fill projects of this scale and complexity?

Comparing the $63.3 million award to independent cost estimates is vital for validating value for money. If the award significantly exceeds estimates, it could indicate potential overpricing or unforeseen complexities. Conversely, a price below estimates might suggest aggressive bidding or potential risks to quality or schedule.

What are the specific environmental mitigation measures included in the contract, and what is the oversight plan to ensure compliance?

Given the nature of hydraulic beach fill, environmental impacts are a key concern. The contract should detail specific mitigation strategies for marine life, water quality, and coastal ecosystems. Robust oversight mechanisms, including regular inspections and reporting requirements, are essential to ensure the contractor's full compliance with these environmental stipulations.

Industry Classification

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

Product/Service Code: ARCHITECT/ENGINEER SERVICESARCH-ENG SVCS - CONSTRUCTION

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SEALED BID

Solicitation ID: W912DS22B0024

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Kiewit-Turner a Joint Venture

Address: 304 GAILLE DR, COVINGTON, LA, 70433

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $96,955,619

Exercised Options: $63,319,119

Current Obligation: $63,319,119

Subaward Activity

Number of Subawards: 339

Total Subaward Amount: $97,706,834

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2022-10-28

Current End Date: 2024-10-15

Potential End Date: 2024-10-15 00:00:00

Last Modified: 2025-02-07

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