USCG Awards $2.4M Contract for USCGC THETIS DS FY25 to Janco Enterprises Inc

Contract Overview

Contract Amount: $2,425,699 ($2.4M)

Contractor: Janco Enterprises Inc

Awarding Agency: Department of Homeland Security

Start Date: 2025-07-14

End Date: 2025-11-02

Contract Duration: 111 days

Daily Burn Rate: $21.9K/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: DOCKSIDE: USCGC THETIS DS FY25

Place of Performance

Location: KEY WEST, MONROE County, FLORIDA, 33040

State: Florida Government Spending

Plain-Language Summary

Department of Homeland Security obligated $2.4 million to JANCO ENTERPRISES INC for work described as: DOCKSIDE: USCGC THETIS DS FY25 Key points: 1. Contract value of $2.4M for ship repair services. 2. Awarded to Janco Enterprises Inc., a single vendor. 3. Potential risk associated with a sole-source award. 4. Spending falls within the Ship Building and Repairing sector.

Value Assessment

Rating: fair

The contract value of $2.4M appears reasonable for ship repair services, but without specific scope details, a direct comparison is difficult. The benchmark of $2,185,300 suggests this award is slightly above average.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was competed under SAP (Simplified Acquisition Procedures), indicating a limited competition approach. This method is typically used for smaller dollar amounts and may not achieve the best price discovery compared to full and open competition.

Taxpayer Impact: Taxpayer funds are being used for essential ship maintenance. The limited competition may result in a slightly higher cost than if fully competed.

Public Impact

Ensures operational readiness of the USCGC THETIS. Supports maritime security and law enforcement missions. Impacts the maritime repair industry in Florida.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Limited competition may lead to suboptimal pricing.
  • Potential for scope creep in fixed-price contracts.

Positive Signals

  • Supports critical Coast Guard operations.
  • Awarded to a US-based company.

Sector Analysis

This contract falls under the Ship Building and Repairing sector, which is crucial for maintaining naval and coast guard fleets. Spending benchmarks for similar repair contracts can vary significantly based on vessel type and complexity.

Small Business Impact

The data does not indicate if Janco Enterprises Inc. is a small business. Further analysis would be needed to determine the impact on small business participation.

Oversight & Accountability

The contract was awarded under SAP, suggesting a streamlined oversight process. The definitive contract type implies a clear scope and terms, but ongoing monitoring by the USCG is essential.

Related Government Programs

  • Ship Building and Repairing
  • Department of Homeland Security Contracting
  • U.S. Coast Guard Programs

Risk Flags

  • Limited competition
  • Potential for price inflation
  • Lack of detailed scope of work
  • No indication of small business participation

Tags

ship-building-and-repairing, department-of-homeland-security, fl, definitive-contract, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Homeland Security awarded $2.4 million to JANCO ENTERPRISES INC. DOCKSIDE: USCGC THETIS DS FY25

Who is the contractor on this award?

The obligated recipient is JANCO ENTERPRISES INC.

Which agency awarded this contract?

Awarding agency: Department of Homeland Security (U.S. Coast Guard).

What is the total obligated amount?

The obligated amount is $2.4 million.

What is the period of performance?

Start: 2025-07-14. End: 2025-11-02.

What is the specific scope of work for this contract and how does it compare to industry standards for similar vessel repairs?

The provided data lacks specific details on the scope of work for the USCGC THETIS DS FY25 contract. To assess value, a detailed breakdown of required repairs, parts, and labor hours is necessary. Comparing this to industry standards for similar vessel classes and repair types would reveal if the $2.4M price is competitive or inflated, considering factors like vessel age, condition, and complexity of the required maintenance.

What were the specific reasons for limiting the competition, and were alternative procurement methods considered?

The contract was competed under SAP, suggesting the agency determined the acquisition was suitable for simplified procedures, likely due to the estimated dollar value. The rationale for limiting competition to specific vendors under SAP needs further clarification. Exploring if a broader solicitation or other competitive strategies could have yielded better pricing or more qualified bidders is crucial for ensuring optimal use of taxpayer funds.

How will the effectiveness of the repairs be measured, and what are the performance metrics for Janco Enterprises Inc.?

Effectiveness will likely be measured by the successful completion of the specified repairs within the contract period and adherence to quality standards. Performance metrics should include timely delivery, quality of workmanship, and compliance with technical specifications. The USCG's quality assurance personnel will be responsible for monitoring progress and ensuring the repairs meet all requirements before final acceptance.

Industry Classification

NAICS: ManufacturingShip and Boat BuildingShip Building and Repairing

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENTNON-NUCLEAR SHIP REPAIR

Competition & Pricing

Extent Competed: COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Solicitation ID: 70Z08025QMECP0010

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 200 N WILSON AVE, COCOA, FL, 32922

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

Financial Breakdown

Contract Ceiling: $2,543,784

Exercised Options: $2,543,784

Current Obligation: $2,425,699

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline

Start Date: 2025-07-14

Current End Date: 2025-11-02

Potential End Date: 2025-11-02 11:59:59

Last Modified: 2026-03-16

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