Army Awards $33.3M Dredging Contract to Weeks Marine, Inc. Under Full and Open Competition

Contract Overview

Contract Amount: $33,294,270 ($33.3M)

Contractor: Weeks Marine, Inc.

Awarding Agency: Department of Defense

Start Date: 2024-09-16

End Date: 2025-06-04

Contract Duration: 261 days

Daily Burn Rate: $127.6K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: DREDGING

Place of Performance

Location: VENICE, PLAQUEMINES County, LOUISIANA, 70091

State: Louisiana Government Spending

Plain-Language Summary

Department of Defense obligated $33.3 million to WEEKS MARINE, INC. for work described as: DREDGING Key points: 1. Significant investment in critical infrastructure maintenance. 2. Weeks Marine, Inc. is a major player in the marine construction sector. 3. Potential for cost overruns or schedule delays in large construction projects. 4. Construction sector is subject to economic cycles and material cost fluctuations.

Value Assessment

Rating: good

The contract value of $33.3 million appears reasonable for a large-scale dredging project of this duration. Benchmarking against similar Army Corps of Engineers dredging contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Full and open competition was utilized, suggesting a robust process for price discovery and selection of the most advantageous offer. This method generally leads to more competitive pricing.

Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by securing the best possible price for the required services.

Public Impact

Ensures navigability of waterways, supporting commerce and transportation. Supports jobs in the construction and maritime industries. Contributes to the maintenance and improvement of vital federal infrastructure.

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, specifically focusing on dredging. Spending in this sector is often driven by infrastructure needs and environmental regulations. Benchmarks vary widely based on project scope and location.

Small Business Impact

While this contract was awarded through full and open competition, there is no specific indication of small business participation or subcontracting goals. Larger infrastructure projects often involve prime contractors who may or may not utilize small businesses for specialized services.

Oversight & Accountability

The Department of the Army is responsible for overseeing this contract. Standard oversight mechanisms for federal construction contracts, including progress monitoring and quality assurance, should be in place to ensure compliance and taxpayer value.

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 $33.3 million to WEEKS MARINE, INC.. DREDGING

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 $33.3 million.

What is the period of performance?

Start: 2024-09-16. End: 2025-06-04.

What specific waterways or areas will be dredged under this contract, and what is the expected impact on navigation and commerce?

The contract data does not specify the exact locations for dredging. However, dredging projects typically aim to deepen or widen channels to improve navigability for commercial vessels, reduce transit times, and enhance port accessibility. The impact on commerce can be substantial, facilitating trade and economic activity by ensuring efficient movement of goods.

What are the primary risks associated with this dredging project, and what mitigation strategies are in place?

Key risks include encountering unexpected subsurface obstructions (e.g., submerged debris, hard rock), adverse weather conditions delaying work, and potential environmental impacts requiring specific handling. Mitigation strategies often involve thorough site investigations prior to bidding, flexible scheduling to account for weather, and strict adherence to environmental permits and protocols.

How does the firm fixed price structure impact the government's exposure to cost overruns compared to other contract types?

A firm fixed price (FFP) contract shifts most of the cost risk to the contractor. Unlike cost-reimbursement contracts, the government pays a set price regardless of the contractor's actual costs. This provides strong cost certainty for the government, but it can lead to higher initial bid prices as contractors factor in potential risks and contingencies.

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: W912P824B0038

Offers Received: 3

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, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $39,844,270

Exercised Options: $33,294,270

Current Obligation: $33,294,270

Subaward Activity

Number of Subawards: 3

Total Subaward Amount: $243,183

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2024-09-16

Current End Date: 2025-06-04

Potential End Date: 2025-06-04 00:00:00

Last Modified: 2025-09-08

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