Navy Awards $26.3M for Berth 15 Quay Wall Construction to CONTRACK-NASS JV
Contract Overview
Contract Amount: $26,328,521 ($26.3M)
Contractor: Contrack-Nass JV
Awarding Agency: Department of Defense
Start Date: 2015-10-30
End Date: 2022-10-31
Contract Duration: 2,558 days
Daily Burn Rate: $10.3K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 4
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: IGF::OT::IGF BERTH 15 QUAY WALL (~1000LF)
Plain-Language Summary
Department of Defense obligated $26.3 million to CONTRACK-NASS JV for work described as: IGF::OT::IGF BERTH 15 QUAY WALL (~1000LF) Key points: 1. The contract value of $26.3M is significant for a single construction project. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. The project duration of 2558 days (approx. 7 years) is substantial, indicating a long-term commitment. 4. The sector is Commercial and Institutional Building Construction, a common area for federal spending.
Value Assessment
Rating: fair
The contract value of $26.3M for a quay wall construction project needs to be benchmarked against similar projects. Without specific per-unit cost data or comparable contract details, a precise value assessment is difficult.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The use of full and open competition is a positive indicator for price discovery. This method allows all eligible contractors to bid, theoretically leading to the most competitive pricing.
Taxpayer Impact: The $26.3M awarded represents taxpayer funds allocated to infrastructure development. The competitive nature of the award aims to ensure efficient use of these funds.
Public Impact
Naval infrastructure improvements can enhance operational capabilities and readiness. Construction projects of this scale create jobs and stimulate economic activity in the local area. The long duration suggests a critical, long-term need for this facility.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Long project duration may indicate potential for cost overruns or scope creep.
- Lack of specific per-unit cost data makes value assessment challenging.
Positive Signals
- Full and open competition utilized.
- Firm Fixed Price contract type can help control costs.
Sector Analysis
This project falls within the Commercial and Institutional Building Construction sector, specifically focusing on maritime infrastructure. Federal spending in this area is often driven by national security needs and port modernization efforts.
Small Business Impact
The data indicates that small businesses were not directly awarded this contract, as the awardee is CONTRACK-NASS JV. Further analysis would be needed to determine if small businesses participated as subcontractors.
Oversight & Accountability
The contract was awarded by the Department of the Navy, a component of the Department of Defense. Oversight would typically involve contract management and performance monitoring by the awarding agency.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Defense Contracting
- Department of the Navy Programs
Risk Flags
- Long project duration (7 years)
- Lack of detailed cost breakdown for per-unit analysis
- Potential for cost escalation over extended timeline
- No explicit mention of small business subcontracting
Tags
commercial-and-institutional-building-co, department-of-defense, definitive-contract, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $26.3 million to CONTRACK-NASS JV. IGF::OT::IGF BERTH 15 QUAY WALL (~1000LF)
Who is the contractor on this award?
The obligated recipient is CONTRACK-NASS JV.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Navy).
What is the total obligated amount?
The obligated amount is $26.3 million.
What is the period of performance?
Start: 2015-10-30. End: 2022-10-31.
What is the typical cost per linear foot for similar quay wall construction projects in comparable geographic regions?
Benchmarking the cost per linear foot for quay wall construction is crucial for assessing value. Factors like soil conditions, material costs, and labor rates vary significantly by region. Without this comparative data, it's difficult to definitively state if $26.3M for approximately 1000 linear feet represents a fair market price or an outlier.
What are the specific risks associated with a 7-year construction timeline for maritime infrastructure?
A 7-year construction timeline for a quay wall presents several risks. These include potential for unforeseen geological or environmental challenges, material price escalation over time, changes in regulatory requirements, and the risk of contractor performance degradation or turnover. Furthermore, the extended duration increases the likelihood of scope creep and potential delays impacting the overall project cost and schedule.
How effectively does a Firm Fixed Price contract manage cost and schedule risks over a 7-year duration for a complex construction project?
A Firm Fixed Price (FFP) contract aims to transfer cost risk to the contractor, providing budget certainty. However, for a 7-year project, the initial fixed price may not adequately account for long-term inflation, material volatility, or unforeseen site conditions. While FFP offers predictability, the contractor may build in significant contingency, potentially inflating the initial price. Effective management and clear scope definition are critical to mitigate risks.
Industry Classification
NAICS: Construction › Nonresidential Building Construction › Commercial and Institutional Building Construction
Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIES › CONSTRUCTION OF BUILDINGS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Solicitation ID: N3319115R0825
Offers Received: 4
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 6862 ELM ST STE 500, MCLEAN, VA, 22101
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $26,328,521
Exercised Options: $26,328,521
Current Obligation: $26,328,521
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Timeline
Start Date: 2015-10-30
Current End Date: 2022-10-31
Potential End Date: 2022-10-31 00:00:00
Last Modified: 2022-09-11
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