Army Awards $216M Miami Harbor Phase 3 Construction Contract to Great Lakes Dredge & Dock Co

Contract Overview

Contract Amount: $215,820,210 ($215.8M)

Contractor: Great Lakes Dredge & Dock CO, LLC

Awarding Agency: Department of Defense

Start Date: 2013-05-15

End Date: 2015-10-01

Contract Duration: 869 days

Daily Burn Rate: $248.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: MIAMI HBR PHASE 3 CONSTRUCITON

Place of Performance

Location: HIALEAH, MIAMI-DADE County, FLORIDA, 33002

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $215.8 million to GREAT LAKES DREDGE & DOCK CO, LLC for work described as: MIAMI HBR PHASE 3 CONSTRUCITON Key points: 1. Contract awarded to a single, large company, indicating potential for specialized capabilities. 2. The project falls under 'Other Heavy and Civil Engineering Construction,' a sector often involving significant capital investment. 3. Risk assessment is moderate due to the fixed-price nature, but project complexity and duration warrant attention. 4. The award represents a substantial investment in infrastructure, potentially impacting regional economic activity.

Value Assessment

Rating: good

The contract value of $215.8 million for heavy civil engineering construction appears within a reasonable range for a project of this scale and complexity. Benchmarking against similar large-scale dredging and construction 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, suggesting a robust price discovery process. The use of a firm fixed-price contract aims to transfer risk to the contractor and incentivize cost control.

Taxpayer Impact: The significant investment of $215.8 million is for critical infrastructure improvement, which, while costly, is intended to yield long-term economic and navigational benefits for the public.

Public Impact

Enhances navigational capacity and safety in a major U.S. port. Supports regional economic development through improved trade and transportation infrastructure. Potential for job creation during the construction phase. Contributes to the modernization of critical U.S. maritime infrastructure.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the 'Other Heavy and Civil Engineering Construction' sector, which includes large-scale infrastructure projects like dredging, port development, and waterway improvements. Spending in this sector is often driven by government investment in national infrastructure and defense readiness.

Small Business Impact

The contract was awarded to Great Lakes Dredge & Dock Co., LLC, a large entity. There is no explicit indication of small business subcontracting in the provided data, suggesting limited direct participation of small businesses in this specific prime contract.

Oversight & Accountability

The contract was awarded by the Department of the Army, indicating federal oversight. The firm fixed-price structure provides a degree of cost accountability. Further oversight would involve monitoring project progress, quality, and adherence to contract terms.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $215.8 million to GREAT LAKES DREDGE & DOCK CO, LLC. MIAMI HBR PHASE 3 CONSTRUCITON

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 $215.8 million.

What is the period of performance?

Start: 2013-05-15. End: 2015-10-01.

What is the estimated long-term economic benefit of the Miami Harbor Phase 3 improvements?

The long-term economic benefits are expected to be substantial, primarily through enhanced shipping efficiency, reduced transit times, and increased cargo capacity. This improved infrastructure supports regional trade, facilitates commerce, and can attract further investment, ultimately boosting economic activity and potentially creating sustained employment opportunities in related industries.

What are the primary risks associated with the 869-day duration of this construction project?

The extended duration of 869 days introduces several risks, including potential for inflation impacting material and labor costs (though mitigated by fixed-price), environmental or weather-related delays, and the possibility of unforeseen subsurface conditions common in dredging and civil works. Contractor performance degradation over a long period and potential changes in regulatory requirements also pose risks.

How effectively does the firm fixed-price contract ensure value for taxpayer money in this large-scale project?

The firm fixed-price contract is designed to ensure value by transferring cost overrun risk to the contractor, incentivizing efficient project execution. However, its effectiveness hinges on the initial bid accuracy and the contractor's ability to manage unforeseen challenges. Robust government oversight is crucial to ensure the contractor meets quality standards and avoids scope creep, thereby maximizing taxpayer value.

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: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: W912EP12R0013

Offers Received: 2

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: $215,820,210

Exercised Options: $215,820,210

Current Obligation: $215,820,210

Subaward Activity

Number of Subawards: 2

Total Subaward Amount: $22,420,084

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2013-05-15

Current End Date: 2015-10-01

Potential End Date: 2015-10-01 00:00:00

Last Modified: 2020-10-03

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