Army awards $59.6M dredging contract to Great Lakes Dredge & Dock Co. for Tampa Harbor maintenance

Contract Overview

Contract Amount: $59,555,146 ($59.6M)

Contractor: Great Lakes Dredge & Dock CO, LLC

Awarding Agency: Department of Defense

Start Date: 2018-09-26

End Date: 2020-02-03

Contract Duration: 495 days

Daily Burn Rate: $120.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: IGF::CT::IGF TAMPA HBR MAINT DREDG 41-FOOT PROJECT

Place of Performance

Location: TAMPA, HILLSBOROUGH County, FLORIDA, 33607

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $59.6 million to GREAT LAKES DREDGE & DOCK CO, LLC for work described as: IGF::CT::IGF TAMPA HBR MAINT DREDG 41-FOOT PROJECT Key points: 1. The contract value of $59.6 million is significant for heavy civil engineering construction. 2. Great Lakes Dredge & Dock Co., LLC is a major player in the dredging industry. 3. The project carries risks related to environmental impact and potential schedule delays. 4. This falls under the 'Other Heavy and Civil Engineering Construction' sector.

Value Assessment

Rating: fair

The contract was awarded using a firm-fixed-price structure, which can limit cost overruns but may not be the most cost-effective for complex projects with uncertain conditions. Benchmarking against similar dredging projects is needed for a full assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. This method generally leads to better price discovery and potentially lower costs for the government.

Taxpayer Impact: The firm-fixed-price contract aims to control costs, but the total taxpayer impact depends on the final execution and any potential change orders.

Public Impact

Ensures continued navigability of Tampa Harbor, crucial for regional commerce and military operations. Supports maritime trade and economic activity by maintaining deep-water access. Potential for environmental impacts from dredging activities require careful monitoring.

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 port maintenance. Spending in this sector can fluctuate based on federal infrastructure priorities and funding.

Small Business Impact

The data indicates that neither small business set-aside nor subcontracting was utilized for this contract. This suggests that large prime contractors were preferred, potentially limiting opportunities for smaller firms in this specific project.

Oversight & Accountability

The contract was awarded by the Department of the Army, indicating federal oversight. The firm-fixed-price structure implies a degree of cost control, but ongoing monitoring of performance and environmental compliance is essential for accountability.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $59.6 million to GREAT LAKES DREDGE & DOCK CO, LLC. IGF::CT::IGF TAMPA HBR MAINT DREDG 41-FOOT PROJECT

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 $59.6 million.

What is the period of performance?

Start: 2018-09-26. End: 2020-02-03.

What is the historical performance of Great Lakes Dredge & Dock Co. on similar federal contracts?

Assessing the past performance of Great Lakes Dredge & Dock Co. on comparable federal dredging projects is crucial. This includes evaluating their track record on schedule adherence, budget management, quality of work, and compliance with environmental regulations. Positive historical performance would increase confidence in the successful execution of the Tampa Harbor project, while any significant issues could signal potential risks.

How do the environmental mitigation measures compare to industry best practices for dredging projects of this scale?

The effectiveness of environmental mitigation measures is paramount for dredging projects. A thorough review should compare the proposed measures against established best practices and regulatory requirements for similar undertakings. This includes assessing protocols for sediment management, protection of marine life, water quality monitoring, and noise pollution control. Robust mitigation plans are essential to minimize ecological impact and ensure regulatory compliance.

What is the long-term economic benefit of maintaining the Tampa Harbor's 41-foot depth for regional commerce?

Maintaining the 41-foot depth of Tampa Harbor is vital for supporting large commercial vessels, thereby enhancing the port's capacity and efficiency. This directly translates to increased cargo throughput, supporting regional economic growth, job creation, and competitiveness in global trade. The long-term economic benefits include sustained business activity, reduced shipping costs, and improved supply chain resilience for industries reliant on maritime transport.

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: W912EP18R0006

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, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $71,665,546

Exercised Options: $59,555,146

Current Obligation: $59,555,146

Subaward Activity

Number of Subawards: 1

Total Subaward Amount: $60,500

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2018-09-26

Current End Date: 2020-02-03

Potential End Date: 2020-02-03 00:00:00

Last Modified: 2021-02-25

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