DoD Awards $18.19M Construction Contract to Tidewater, Inc. Under Full and Open Competition

Contract Overview

Contract Amount: $18,186,413 ($18.2M)

Contractor: Tidewater, Inc.

Awarding Agency: Department of Defense

Start Date: 2022-10-01

End Date: 2024-12-26

Contract Duration: 817 days

Daily Burn Rate: $22.3K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: BASE BID

Place of Performance

Location: WASHINGTON NAVY YARD, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20374

State: District of Columbia Government Spending

Plain-Language Summary

Department of Defense obligated $18.2 million to TIDEWATER, INC. for work described as: BASE BID Key points: 1. Contract awarded for commercial and institutional building construction. 2. Full and open competition was utilized after excluding sources. 3. The contract has a duration of 817 days. 4. The award value is $18,186,413.05. 5. The contract is a delivery order under a larger contract.

Value Assessment

Rating: good

The contract value of $18.19 million appears reasonable for a large-scale construction project of this nature. Benchmarking against similar DoD construction contracts 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 after excluding sources, indicating a competitive bidding process. This method generally promotes price discovery and ensures fair market value.

Taxpayer Impact: The competitive nature of the award suggests that taxpayer funds are being used efficiently, with multiple bidders vying for the contract.

Public Impact

Supports infrastructure development within the Department of Defense. Provides construction services for institutional buildings. Creates jobs in the construction sector. Contributes to the economic activity in the District of Columbia.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under the Construction sector, specifically for commercial and institutional buildings. Spending in this sector by the DoD is crucial for maintaining and upgrading facilities, with benchmarks varying significantly based on project scope and location.

Small Business Impact

The data does not indicate whether small businesses were involved as subcontractors or prime contractors. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

The contract is a delivery order, suggesting it is part of a larger indefinite-delivery/indefinite-quantity (IDIQ) contract. Oversight would typically involve monitoring performance against the delivery order terms and conditions.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, department-of-defense, dc, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $18.2 million to TIDEWATER, INC.. BASE BID

Who is the contractor on this award?

The obligated recipient is TIDEWATER, 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 $18.2 million.

What is the period of performance?

Start: 2022-10-01. End: 2024-12-26.

What is the total value of the parent IDIQ contract from which this delivery order was issued?

The provided data only details the specific delivery order awarded to Tidewater, Inc. The total value of the parent IDIQ contract is not included. Knowing the parent contract's value would offer a broader perspective on the overall commitment and potential for future task orders.

Were there specific reasons for excluding other sources prior to the full and open competition phase?

The data states 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES,' which implies an initial phase where certain sources might have been considered or excluded before a broader competition. The specific rationale for this exclusion is not detailed and could warrant further investigation to ensure fairness and compliance.

How does the bid price of $18.19 million compare to the government's independent cost estimate for this project?

The provided data does not include the government's independent cost estimate. Comparing the awarded bid price to an estimate is crucial for assessing value for money and determining if the competition effectively drove down costs. Without this comparison, it's difficult to definitively gauge the cost-effectiveness.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionCommercial and Institutional Building Construction

Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIESCONSTRUCTION OF BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N4008018R0002

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 6625 SELNICK DRIVE SUITE A, ELKRIDGE, MD, 21075

Business Categories: Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, Indian (Subcontinent) American Owned Business, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $18,186,413

Exercised Options: $18,186,413

Current Obligation: $18,186,413

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N4008021D0029

IDV Type: IDC

Timeline

Start Date: 2022-10-01

Current End Date: 2024-12-26

Potential End Date: 2024-12-26 00:00:00

Last Modified: 2025-08-20

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