DoD awards $13M contract for ship preservation to IMIA LLC under full and open competition

Contract Overview

Contract Amount: $13,052,645 ($13.1M)

Contractor: Imia Limited Liability Company

Awarding Agency: Department of Defense

Start Date: 2007-07-06

End Date: 2008-09-09

Contract Duration: 431 days

Daily Burn Rate: $30.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: BASE YEAR EFFORT SUB PRESERVATION

Place of Performance

Location: PORTSMOUTH, PORTSMOUTH (CITY) County, VIRGINIA, 23705

State: Virginia Government Spending

Plain-Language Summary

Department of Defense obligated $13.1 million to IMIA LIMITED LIABILITY COMPANY for work described as: BASE YEAR EFFORT SUB PRESERVATION Key points: 1. Contract value of $13.05M for base year effort. 2. Awarded to IMIA LIMITED LIABILITY COMPANY. 3. Procurement method was Full and Open Competition. 4. Sector is Ship Building and Repairing.

Value Assessment

Rating: fair

The contract value of $13.05M for a 431-day duration appears reasonable for ship preservation services. Benchmarking against similar contracts is difficult without more specific service details and comparable contract data.

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 use of full and open competition aims to ensure taxpayer funds are used efficiently by fostering a competitive environment.

Public Impact

Ensures readiness of naval assets through preservation services. Supports the shipbuilding and repair industry. Awarded through a competitive process, promoting fairness.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Limited data on specific services provided.
  • No clear indication of small business participation.

Positive Signals

  • Awarded via full and open competition.
  • Contract supports critical naval asset maintenance.

Sector Analysis

The shipbuilding and repairing sector is a critical component of national defense, involving complex maintenance and construction activities. Spending benchmarks vary widely based on the scope and type of vessel.

Small Business Impact

The data does not indicate whether small businesses were involved in this contract, either as prime contractors or subcontractors. Further analysis would be needed to assess small business participation.

Oversight & Accountability

The award was made by the Department of the Navy, part of the Department of Defense. Standard oversight mechanisms for defense contracts would apply.

Related Government Programs

  • Ship Building and Repairing
  • Department of Defense Contracting
  • Department of the Navy Programs

Risk Flags

  • Lack of detailed service description.
  • No information on small business subcontracting.
  • Limited context for cost benchmarking.

Tags

ship-building-and-repairing, department-of-defense, va, do, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $13.1 million to IMIA LIMITED LIABILITY COMPANY. BASE YEAR EFFORT SUB PRESERVATION

Who is the contractor on this award?

The obligated recipient is IMIA LIMITED LIABILITY COMPANY.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Navy).

What is the total obligated amount?

The obligated amount is $13.1 million.

What is the period of performance?

Start: 2007-07-06. End: 2008-09-09.

What specific preservation services were included in this $13M contract?

The provided data does not detail the specific preservation services rendered under this contract. Further investigation into the contract's statement of work would be necessary to understand the scope of work, such as cleaning, coating, inspection, and minor repairs, which would impact the overall value assessment.

What was the competitive landscape for this specific ship preservation service?

While the contract was awarded under full and open competition, the specific number of bidders and the nature of the competition are not detailed. Understanding the number of proposals received and the pricing strategies of competing firms would provide deeper insight into the effectiveness of the price discovery process.

How does the $13M contract value compare to similar preservation efforts for comparable naval assets?

Without access to a database of similar contracts for comparable naval assets, it is challenging to benchmark this $13.05M contract effectively. Factors like vessel type, age, condition, and the specific preservation tasks required significantly influence cost, making direct comparison difficult.

Industry Classification

NAICS: ManufacturingShip and Boat BuildingShip Building and Repairing

Product/Service Code: SHIPS, SMALL CRAFT, PONTOON, DOCKS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: N4002506R0016

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Earl Industries, L.L.C. (UEI: 153920269)

Address: 8295 PADGETT SWITCH RD, IRVINGTON, AL, 01

Business Categories: Category Business, Small Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $13,052,665

Exercised Options: $13,052,665

Current Obligation: $13,052,645

Contract Characteristics

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N4002507D7015

IDV Type: IDC

Timeline

Start Date: 2007-07-06

Current End Date: 2008-09-09

Potential End Date: 2008-09-09 00:00:00

Last Modified: 2008-10-10

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending