Army awards $66.5M dredging contract to Weeks Marine, Inc. for Louisiana project

Contract Overview

Contract Amount: $66,481,302 ($66.5M)

Contractor: Weeks Marine, Inc.

Awarding Agency: Department of Defense

Start Date: 2009-07-10

End Date: 2012-06-30

Contract Duration: 1,086 days

Daily Burn Rate: $61.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: DREDGING - MILE 17.0 TO MILE 14.0

Place of Performance

Location: NEW ORLEANS, ORLEANS County, LOUISIANA, 70118

State: Louisiana Government Spending

Plain-Language Summary

Department of Defense obligated $66.5 million to WEEKS MARINE, INC. for work described as: DREDGING - MILE 17.0 TO MILE 14.0 Key points: 1. Significant contract value for heavy civil engineering construction. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. The contract was awarded as a firm fixed price, providing cost certainty. 4. No small business participation was noted in this award.

Value Assessment

Rating: good

The contract value of $66.5 million for dredging services appears reasonable given the scope and duration. Benchmarking against similar large-scale civil engineering projects would provide further context.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The use of full and open competition is a positive indicator for price discovery. This method allows all qualified contractors to bid, theoretically leading to the most advantageous price for the government.

Taxpayer Impact: The competitive nature of the award is expected to yield a fair price, maximizing taxpayer value for the essential dredging services.

Public Impact

Ensures navigation safety and efficiency in critical waterways. Supports economic activity by maintaining vital shipping channels. Contributes to infrastructure maintenance and resilience.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under the 'Other Heavy and Civil Engineering Construction' sector, specifically dredging. Spending in this sector is often project-driven and essential for transportation and commerce infrastructure.

Small Business Impact

The award did not include any small business participation. Further analysis could explore if opportunities were missed or if the nature of the work precluded small business involvement.

Oversight & Accountability

The contract was awarded by the Department of the Army, a major federal agency with established procurement oversight processes. Monitoring contract performance and adherence to terms is crucial.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $66.5 million to WEEKS MARINE, INC.. DREDGING - MILE 17.0 TO MILE 14.0

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 $66.5 million.

What is the period of performance?

Start: 2009-07-10. End: 2012-06-30.

What was the competitive landscape like for this specific dredging project?

The contract was awarded under 'full and open competition,' indicating that multiple bidders were likely considered. However, the specific number of bids received and the range of pricing would offer a clearer picture of the competitive intensity and whether the winning bid was significantly lower than others.

What are the potential risks associated with a firm fixed price contract for dredging?

While firm fixed price offers cost certainty, risks can arise if unforeseen conditions (e.g., unexpected soil types, environmental issues) significantly increase contractor costs. The contractor bears this risk, but it could lead to claims or reduced profit, potentially impacting future competition if the contractor feels the risk was underestimated.

How does this contract contribute to the overall effectiveness of waterway management?

This contract is crucial for maintaining navigable depths along specific miles of a waterway, directly impacting the efficiency and safety of maritime transport. Effective dredging prevents costly delays, reduces vessel operating costs, and supports the regional economy reliant on waterborne commerce.

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: W912P809B0016

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Weeks Marine Inc (UEI: 044665230)

Address: 304 GAILLE DR, COVINGTON, LA, 70433

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

Financial Breakdown

Contract Ceiling: $68,851,302

Exercised Options: $66,481,302

Current Obligation: $66,481,302

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2009-07-10

Current End Date: 2012-06-30

Potential End Date: 2012-06-30 00:00:00

Last Modified: 2020-09-27

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