Navy Awards $13.2M for LHA6 Propeller Shaft Repair to Colonna's Shipyard
Contract Overview
Contract Amount: $13,197,146 ($13.2M)
Contractor: Colonna's Shipyard Inc
Awarding Agency: Department of Defense
Start Date: 2023-10-10
End Date: 2026-05-18
Contract Duration: 951 days
Daily Burn Rate: $13.9K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 3
Pricing Type: FIRM FIXED PRICE
Sector: Defense
Official Description: LHA6 PROP SHAFT
Place of Performance
Location: NORFOLK, NORFOLK CITY County, VIRGINIA, 23523
State: Virginia Government Spending
Plain-Language Summary
Department of Defense obligated $13.2 million to COLONNA'S SHIPYARD INC for work described as: LHA6 PROP SHAFT Key points: 1. Significant contract for specialized ship repair services. 2. Competition method indicates a potentially competitive market for this service. 3. Risk of schedule delays or cost overruns in complex repair projects. 4. Sector focus on shipbuilding and repair, critical for naval readiness.
Value Assessment
Rating: good
The award amount of $13.2 million for propeller shaft repair appears reasonable given the complexity of naval vessel maintenance. Benchmarking against similar contracts for large ship repairs would provide a more definitive assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, suggesting a robust price discovery process. This method typically leads to more competitive pricing for the government.
Taxpayer Impact: Full and open competition aims to secure the best value for taxpayers by encouraging multiple bids and driving down costs.
Public Impact
Ensures operational readiness of a key naval asset. Supports jobs in the maritime repair industry. Contributes to the maintenance of national defense capabilities.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for unforeseen technical challenges during repair.
- Dependency on specialized labor and materials.
- Risk of schedule slippage impacting fleet availability.
Positive Signals
- Awarded through full and open competition.
- Firm fixed price contract provides cost certainty.
- Experienced contractor likely selected.
Sector Analysis
This contract falls within the shipbuilding and repair sector, which is vital for maintaining the operational capabilities of the U.S. Navy's fleet. Spending in this area is often driven by defense needs and the lifecycle of naval vessels.
Small Business Impact
While the primary awardee is Colonna's Shipyard Inc., the contract's full and open competition nature may have allowed small businesses to participate as subcontractors, contributing to their revenue and experience in specialized repair work.
Oversight & Accountability
The Department of the Navy is responsible for overseeing this contract. Robust oversight is crucial to ensure the repair work meets stringent quality standards and is completed within the specified timeline and budget.
Related Government Programs
- Ship Building and Repairing
- Department of Defense Contracting
- Department of the Navy Programs
Risk Flags
- Potential for schedule delays due to unforeseen technical issues.
- Availability of specialized parts and skilled labor.
- Complexity of repairs on modern naval vessels.
- Risk of scope creep if initial assessment is incomplete.
Tags
ship-building-and-repairing, department-of-defense, va, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $13.2 million to COLONNA'S SHIPYARD INC. LHA6 PROP SHAFT
Who is the contractor on this award?
The obligated recipient is COLONNA'S SHIPYARD 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 $13.2 million.
What is the period of performance?
Start: 2023-10-10. End: 2026-05-18.
What is the historical performance of Colonna's Shipyard Inc. on similar naval repair contracts?
Assessing the contractor's past performance is critical. Reviewing previous contracts for similar scope, complexity, and vessel types would reveal their track record regarding quality, timeliness, and budget adherence. This historical data informs the current risk assessment and provides confidence in their ability to execute this specific propeller shaft repair effectively.
Are there any specific technological advancements or unique challenges associated with repairing the LHA6 propeller shaft that could impact cost or schedule?
The LHA6 class of ships represents advanced naval technology. Specific challenges might include the availability of specialized parts, the need for unique diagnostic equipment, or the complexity of accessing the shaft within the hull. Understanding these potential technical hurdles is essential for accurate cost estimation and realistic schedule planning, mitigating risks of delays and budget overruns.
How does the firm fixed price structure mitigate potential cost overruns for this complex repair?
A firm fixed price (FFP) contract shifts the risk of cost overruns to the contractor. For a complex repair like a propeller shaft, this structure provides the government with significant cost certainty, assuming the scope of work is well-defined. However, it necessitates thorough initial planning and clear specifications to avoid change orders that could escalate costs.
Industry Classification
NAICS: Manufacturing › Ship and Boat Building › Ship Building and Repairing
Product/Service Code: SHIP AND MARINE EQUIPMENT
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Offers Received: 3
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: Colonna's Ship Yard, Incorporated
Address: 400 E INDIAN RIVER ROAD, NORFOLK, VA, 23523
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $13,197,146
Exercised Options: $13,197,146
Current Obligation: $13,197,146
Contract Characteristics
Multi-Year Contract: Yes
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: N0010423DC001
IDV Type: IDC
Timeline
Start Date: 2023-10-10
Current End Date: 2026-05-18
Potential End Date: 2026-05-18 00:00:00
Last Modified: 2025-10-28
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