DOT Awards $3.2M for Maritime Maintenance, Funding Shoreside Staff and Crew Wages

Contract Overview

Contract Amount: $3,232,590 ($3.2M)

Contractor: Ocean Shipholdings, Inc.

Awarding Agency: Department of Transportation

Start Date: 2024-07-27

End Date: 2025-10-31

Contract Duration: 461 days

Daily Burn Rate: $7.0K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Number of Offers Received: 1

Pricing Type: COST NO FEE

Sector: Transportation

Official Description: CAPELLA FISCAL YEAR (FY) 24 COST REIMBURSABLE THE PURPOSE OF THIS PROJECT IS TO PROVIDE FUNDING FOR THE MAINTENANCE PHASE SHORESIDE STAFF AND CREW WAGES.

Place of Performance

Location: ALAMEDA, ALAMEDA County, CALIFORNIA, 94501

State: California Government Spending

Plain-Language Summary

Department of Transportation obligated $3.2 million to OCEAN SHIPHOLDINGS, INC. for work described as: CAPELLA FISCAL YEAR (FY) 24 COST REIMBURSABLE THE PURPOSE OF THIS PROJECT IS TO PROVIDE FUNDING FOR THE MAINTENANCE PHASE SHORESIDE STAFF AND CREW WAGES. Key points: 1. Contract focuses on essential maintenance, including shoreside staff and crew wages. 2. The award is not available for competition, raising potential cost concerns. 3. A significant portion of the contract value is allocated to personnel costs. 4. The Maritime Administration is the awarding agency, supporting deep sea freight transportation.

Value Assessment

Rating: fair

The contract is a cost-reimbursable type with no fee, indicating the government will cover actual costs incurred. Benchmarking is difficult without a fixed price or more detailed cost breakdown.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract is listed as 'NOT AVAILABLE FOR COMPETITION', suggesting a sole-source or limited competition scenario. This limits price discovery and potentially leads to higher costs.

Taxpayer Impact: Taxpayer funds are being used to cover the full cost of maintenance, staff, and crew wages without competitive bidding, which may result in a less optimal price.

Public Impact

Ensures continued operation of deep sea freight transportation services. Supports jobs for shoreside staff and maritime crew. Funding is allocated for the maintenance phase, crucial for asset longevity.

Waste & Efficiency Indicators

Waste Risk Score: 70 / 10

Warning Flags

  • Lack of competition
  • Cost-reimbursable contract type
  • Potential for cost overruns

Positive Signals

  • Supports critical maritime infrastructure
  • Ensures operational readiness
  • Funds essential personnel

Sector Analysis

This contract falls within the transportation sector, specifically deep sea freight. Spending benchmarks for similar maintenance contracts can vary widely based on vessel type and scope of work.

Small Business Impact

There is no indication that small businesses are involved in this contract, either as prime contractors or subcontractors. Further analysis would be needed to determine potential small business participation.

Oversight & Accountability

The contract is a delivery order under a larger program. Oversight would focus on ensuring costs are reasonable and actual work performed aligns with the contract's purpose.

Related Government Programs

  • Deep Sea Freight Transportation
  • Department of Transportation Contracting
  • Maritime Administration Programs

Risk Flags

  • Limited competition
  • Cost-reimbursable contract type
  • Potential for cost overruns
  • Lack of detailed cost breakdown

Tags

deep-sea-freight-transportation, department-of-transportation, ca, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Transportation awarded $3.2 million to OCEAN SHIPHOLDINGS, INC.. CAPELLA FISCAL YEAR (FY) 24 COST REIMBURSABLE THE PURPOSE OF THIS PROJECT IS TO PROVIDE FUNDING FOR THE MAINTENANCE PHASE SHORESIDE STAFF AND CREW WAGES.

Who is the contractor on this award?

The obligated recipient is OCEAN SHIPHOLDINGS, INC..

Which agency awarded this contract?

Awarding agency: Department of Transportation (Maritime Administration).

What is the total obligated amount?

The obligated amount is $3.2 million.

What is the period of performance?

Start: 2024-07-27. End: 2025-10-31.

What is the justification for limiting competition on this contract?

The justification for limiting competition is not provided in the data. Typically, such limitations are based on factors like urgent and compelling needs, unique capabilities of a specific contractor, or if only one source is reasonably available. Without this information, it's difficult to assess if the limited competition is warranted or if it represents a missed opportunity for cost savings through a competitive process.

How are cost efficiencies ensured in a cost-reimbursable contract without a fee?

In a cost-reimbursable contract without a fee, cost efficiencies are primarily driven by the contractor's internal controls and the government's auditing and oversight processes. While there's no direct profit incentive tied to cost savings, the government scrutinizes incurred costs to ensure they are reasonable, allocable, and allowable. Effective oversight and clear contract terms are crucial to prevent cost overruns and ensure value for taxpayer money.

What is the potential impact of the contract duration on overall project cost?

The contract duration of 461 days (approximately 15 months) allows for sustained maintenance and operational support. However, longer durations in cost-reimbursable contracts can increase the risk of cost escalation due to inflation, unforeseen issues, or scope creep. Regular reviews and clear milestones are essential to manage costs effectively over this period and ensure the project remains within budget expectations.

Industry Classification

NAICS: Transportation and WarehousingDeep Sea, Coastal, and Great Lakes Water TransportationDeep Sea Freight Transportation

Product/Service Code: OPERATION OF GOVT OWNED FACILITYOPERATE GOVT OWNED BUILDINGS

Competition & Pricing

Extent Competed: NOT AVAILABLE FOR COMPETITION

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: COST NO FEE (S)

Evaluated Preference: NONE

Contractor Details

Address: 16211 PARK TEN PLACE, HOUSTON, TX, 77084

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

Financial Breakdown

Contract Ceiling: $3,232,590

Exercised Options: $3,232,590

Current Obligation: $3,232,590

Actual Outlays: $3,232,353

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Parent Contract

Parent Award PIID: 693JF720G000006

IDV Type: BOA

Timeline

Start Date: 2024-07-27

Current End Date: 2025-10-31

Potential End Date: 2025-10-31 00:00:00

Last Modified: 2026-03-20

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