Army Awards $21.7M Dredging Contract to Great Lakes Dredge & Dock for Atchafalaya Bay Project

Contract Overview

Contract Amount: $21,670,804 ($21.7M)

Contractor: Great Lakes Dredge & Dock CO, LLC

Awarding Agency: Department of Defense

Start Date: 2023-11-13

End Date: 2024-04-07

Contract Duration: 146 days

Daily Burn Rate: $148.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: ATCHAFALAYA BAY, BAR DREDGING

Place of Performance

Location: BERWICK, SAINT MARY County, LOUISIANA, 70342

State: Louisiana Government Spending

Plain-Language Summary

Department of Defense obligated $21.7 million to GREAT LAKES DREDGE & DOCK CO, LLC for work described as: ATCHAFALAYA BAY, BAR DREDGING Key points: 1. Significant investment in critical infrastructure for waterway maintenance. 2. Competition was full and open, suggesting potential for competitive pricing. 3. Contract awarded to a single entity, Great Lakes Dredge & Dock Co, LLC. 4. Project duration is 146 days, indicating a focused scope of work.

Value Assessment

Rating: good

The contract value of $21.7 million for dredging services appears reasonable given the scope and duration. Benchmarking against similar heavy civil engineering construction contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which typically fosters competitive pricing. The use of a definitive contract suggests a clear scope and established terms.

Taxpayer Impact: Taxpayer funds are being used for essential waterway maintenance, contributing to navigation and economic activity.

Public Impact

Ensures continued navigability of Atchafalaya Bay, vital for regional commerce and transportation. Supports environmental maintenance and potentially flood control measures in the Louisiana region. Creates employment opportunities within the heavy construction and dredging sector.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under Other Heavy and Civil Engineering Construction. Spending in this sector is often driven by infrastructure needs, environmental regulations, and national security requirements. Benchmarks vary widely based on project type and location.

Small Business Impact

The data indicates that small businesses were not directly involved in this contract, either as prime contractors or subcontractors. Further analysis would be needed to determine if opportunities were missed or if the nature of the work precluded small business participation.

Oversight & Accountability

The Department of the Army, through its contracting arm, is responsible for overseeing this project. Standard procurement regulations and contract management practices are expected to ensure accountability and proper execution.

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 $21.7 million to GREAT LAKES DREDGE & DOCK CO, LLC. ATCHAFALAYA BAY, BAR DREDGING

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 $21.7 million.

What is the period of performance?

Start: 2023-11-13. End: 2024-04-07.

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

Assessing the historical cost performance of Great Lakes Dredge & Dock Co, LLC on comparable federal contracts is crucial for validating the current award's value. Reviewing past contract modifications, cost overruns, or savings would provide insight into their efficiency and reliability in managing large-scale dredging projects.

What are the specific environmental and navigational benefits expected from this dredging project?

The specific environmental and navigational benefits are key to understanding the project's value. This includes quantifying improvements in channel depth and width for safer and more efficient vessel traffic, as well as any ecological enhancements or restoration efforts associated with the dredging process and spoil disposal.

How does the firm fixed price compare to the estimated cost of performing this work?

The firm fixed price of $21.7 million provides cost certainty for the government. Comparing this to the agency's independent cost estimate and the contractor's bid breakdown would reveal the level of risk transferred to the contractor and the potential for profit or loss, indicating the effectiveness of the pricing strategy.

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: W912P822B0053

Offers Received: 2

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: $21,670,804

Exercised Options: $21,670,804

Current Obligation: $21,670,804

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2023-11-13

Current End Date: 2024-04-07

Potential End Date: 2024-04-07 00:00:00

Last Modified: 2025-02-27

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