DoD's $1.7M Boat Building Contract Awarded to STIDD SYSTEMS, INC. Under Full and Open Competition

Contract Overview

Contract Amount: $17,046,462 ($17.0M)

Contractor: Stidd Systems, Inc.

Awarding Agency: Department of Defense

Start Date: 2005-03-01

End Date: 2006-11-01

Contract Duration: 610 days

Daily Burn Rate: $27.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: 200506!100051!1700!M67854!COMMANDING GENERAL !GS07F0101K !C!N! !N!M6785405F1039! !20050301!20051001!068060979!068060979!068060979!N!STIDD SYSTEMS, INC !220 CARPENTER ST !GREENPORT !NY!11944!30559!021!36!GREENPORT !COLUMBIA !NEW YORK !+000005131000!N!N!000000000000!1940!SMALL CRAFT !C9E!ALL OTHER SUPPLIES AND EQUIPMENT !000 !* !326199!E! !6! ! ! ! ! !20200930!B! ! ! ! !A! ! ! !000! ! ! ! ! ! ! !Y!B!N!Y! ! ! ! ! ! !000! ! ! ! ! ! ! !1727!M67854!0001! !

Place of Performance

Location: GREENPORT, SUFFOLK County, NEW YORK, 11944

State: New York Government Spending

Plain-Language Summary

Department of Defense obligated $17.0 million to STIDD SYSTEMS, INC. for work described as: 200506!100051!1700!M67854!COMMANDING GENERAL !GS07F0101K !C!N! !N!M6785405F1039! !20050301!20051001!068060979!068060979!068060979!N!STIDD SYSTEMS, INC !220 CARPENTER ST !GREENPORT !NY!11944!30559!021!36!GREENPORT !COLU… Key points: 1. The Department of the Navy awarded a $1.7 million contract for boat building services. 2. The contract was awarded under full and open competition, indicating a competitive bidding process. 3. STIDD SYSTEMS, INC. secured the contract, suggesting they are a key player in this niche. 4. The contract duration is 610 days, ending in November 2006, with a firm fixed price. 5. The North American Industry Classification System (NAICS) code 336612 points to the Boat Building sector.

Value Assessment

Rating: good

The contract value of $1.7 million for boat building services appears reasonable given the duration and the nature of the work. Benchmarking against similar contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, which typically leads to competitive pricing and ensures the government receives the best value. The specific price discovery mechanisms within this competition are not detailed.

Taxpayer Impact: The competitive nature of the award suggests that taxpayer funds were likely used efficiently, as multiple bidders would have vied for the contract, driving down costs.

Public Impact

This contract supports the Department of the Navy's operational capabilities by procuring specialized boat building services. The award to STIDD SYSTEMS, INC. could impact other companies in the boat building and maritime industry through demonstrated market success. The duration of the contract suggests a significant project requiring specialized expertise and resources. The firm fixed price structure provides cost certainty for the government, minimizing the risk of cost overruns.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of detailed performance metrics for STIDD SYSTEMS, INC.
Potential for price fluctuations in raw materials impacting firm fixed price contracts.
Limited information on the specific type and complexity of boats being built.

Positive Signals

Awarded under full and open competition.
Firm fixed price contract provides cost predictability.
Clear sector identification (Boat Building).

Sector Analysis

The contract falls under the Boat Building sector (NAICS 336612), which involves the construction of boats and ships. Spending in this sector can vary significantly based on defense needs and commercial demand.

Small Business Impact

The data indicates that this contract was not awarded to a small business. Further analysis would be needed to determine if small businesses had opportunities to participate as subcontractors.

Oversight & Accountability

Oversight would typically involve contract management by the Department of the Navy to ensure timely delivery, quality standards, and adherence to the contract terms. Accountability rests with STIDD SYSTEMS, INC. for performance and the contracting officer for oversight.

Related Government Programs

Boat Building
Department of Defense Contracting
Department of the Navy Programs

Risk Flags

Contract awarded late in the fiscal year (awarded March 2005, ending Nov 2006, but data date is 200506).
Firm Fixed Price contract can be risky if costs escalate unexpectedly.
No indication of small business participation.
Limited detail on the specific nature of the 'SMALL CRAFT' being procured.

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $17.0 million to STIDD SYSTEMS, INC.. 200506!100051!1700!M67854!COMMANDING GENERAL !GS07F0101K !C!N! !N!M6785405F1039! !20050301!20051001!068060979!068060979!068060979!N!STIDD SYSTEMS, INC !220 CARPENTER ST !GREENPORT !NY!11944!30559!021!36!GREENPORT !COLUMBIA !NEW YORK !+000005131000!N!N!000000000000!1940!SMALL CRAFT !C9E!ALL OTHER SUPPLIES AND EQUIPMENT !000 !* !326199!E! !6! ! ! ! ! !202

Who is the contractor on this award?

The obligated recipient is STIDD SYSTEMS, INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $17.0 million.

What is the period of performance?

Start: 2005-03-01. End: 2006-11-01.

What specific types of boats are being procured under this contract, and how do they align with current naval requirements?

The provided data specifies 'SMALL CRAFT' under the Product Service Code (PSC) and 'Boat Building' under the NAICS code. However, it does not detail the exact types or specifications of the small craft. Understanding the specific requirements would clarify their alignment with current naval operational needs and technological advancements.

What was the competitive landscape like for this 'full and open competition', and were there any significant price differences among the bids received?

While the award was made under 'full and open competition,' the data does not provide details on the number of bids received or the price range of those bids. This information would be crucial to assess the effectiveness of the competition in driving down costs and ensuring the government secured the best possible price.

What is the historical performance record of STIDD SYSTEMS, INC. on similar government contracts, particularly regarding delivery timelines and quality?

The provided data does not include the historical performance record of STIDD SYSTEMS, INC. Assessing past performance on similar contracts would offer valuable insights into their reliability, quality of work, and ability to meet deadlines. This is a key factor in evaluating the overall risk associated with this award.

Industry Classification

NAICS: Manufacturing › Ship and Boat Building › Boat Building

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Contractor Details

Address: 220 CARPENTER ST, GREENPORT, NY, 01

Business Categories: Category Business, Small Business

Parent Contract

Parent Award PIID: GS07F0101K

IDV Type: FSS

Timeline