DoD's $26.5M Naval Base Pier Repair Contract Awarded to Triton Marine Construction Corp

Contract Overview

Contract Amount: $26,530,236 ($26.5M)

Contractor: Triton Marine Construction Corp.

Awarding Agency: Department of Defense

Start Date: 2014-08-05

End Date: 2017-11-22

Contract Duration: 1,205 days

Daily Burn Rate: $22.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 6

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: IGF::OT::IGF RM09-1948 STRCUTURAL REPAIRS TO PIERS 2&15 NAVSUBASE NL, GROTON, CT

Place of Performance

Location: GROTON, NEW LONDON County, CONNECTICUT, 06340

State: Connecticut Government Spending

Plain-Language Summary

Department of Defense obligated $26.5 million to TRITON MARINE CONSTRUCTION CORP. for work described as: IGF::OT::IGF RM09-1948 STRCUTURAL REPAIRS TO PIERS 2&15 NAVSUBASE NL, GROTON, CT Key points: 1. The contract awarded to Triton Marine Construction Corp. for structural repairs at NAVSUBASE NL, Groton, CT, represents a significant investment in naval infrastructure. 2. Competition for this contract was full and open, suggesting a competitive bidding process aimed at achieving fair market value. 3. The firm fixed-price contract type shifts cost risk to the contractor, potentially protecting taxpayers from cost overruns. 4. The project falls under the 'Other Heavy and Civil Engineering Construction' sector, crucial for maintaining operational readiness of naval facilities.

Value Assessment

Rating: good

The contract value of $26.5M for structural repairs to piers appears reasonable given the scope of work and the specialized nature of marine construction. Benchmarking against similar large-scale naval infrastructure projects would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple qualified bidders had the opportunity to submit proposals. This method generally promotes price discovery and competitive pricing.

Taxpayer Impact: The use of full and open competition and a firm fixed-price contract are positive indicators for taxpayer value, aiming to secure the best possible price for the required services.

Public Impact

Ensures operational readiness of critical naval facilities in Groton, CT. Supports the U.S. Navy's long-term infrastructure maintenance strategy. Provides employment opportunities within the construction and marine engineering sectors. Contributes to the economic activity in Connecticut through construction services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for unforeseen structural issues requiring change orders.
  • Contract duration of over 3 years may expose it to market fluctuations.
  • Limited data on contractor past performance for similar scale projects.

Positive Signals

  • Firm Fixed Price contract mitigates cost overrun risk for the government.
  • Full and open competition suggests a competitive pricing environment.
  • Awarded to a single contractor, potentially streamlining project management.

Sector Analysis

This contract falls within the 'Other Heavy and Civil Engineering Construction' sector, which includes large-scale infrastructure projects. Spending in this sector is often driven by government needs for facility maintenance, upgrades, and new construction, with benchmarks varying widely based on project scope and location.

Small Business Impact

The data indicates that neither small business set-aside nor subcontracting goals were explicitly mentioned for this contract. Further investigation would be needed to determine if small businesses were involved in the supply chain or 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 personnel within the Navy to ensure compliance with terms, quality standards, and delivery schedules.

Related Government Programs

  • Other Heavy and Civil Engineering Construction
  • Department of Defense Contracting
  • Department of the Navy Programs

Risk Flags

  • Contract duration exceeds three years.
  • Potential for unforeseen structural issues.
  • Lack of explicit small business participation noted.
  • Firm Fixed Price contract shifts risk to contractor.
  • Full and open competition utilized.

Tags

other-heavy-and-civil-engineering-constr, department-of-defense, ct, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $26.5 million to TRITON MARINE CONSTRUCTION CORP.. IGF::OT::IGF RM09-1948 STRCUTURAL REPAIRS TO PIERS 2&15 NAVSUBASE NL, GROTON, CT

Who is the contractor on this award?

The obligated recipient is TRITON MARINE CONSTRUCTION CORP..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $26.5 million.

What is the period of performance?

Start: 2014-08-05. End: 2017-11-22.

What was the basis for the initial estimated cost, and how did the final awarded price compare to it?

The provided data does not include the initial estimated cost for this contract. Understanding the baseline estimate is crucial for assessing whether the awarded price of $26.5M represents good value. A significant deviation from the estimate, especially if higher, could indicate issues with the initial planning or the competitive process.

Were there any performance issues or disputes during the contract's execution, given its multi-year duration?

The data does not detail any performance issues or disputes during the contract's execution from August 2014 to November 2017. However, a contract spanning over three years for complex structural repairs inherently carries risks of unforeseen challenges. A review of contract close-out documentation or performance reports would be necessary to confirm satisfactory completion.

How does the cost per unit of repair (e.g., per linear foot of pier repaired) compare to industry benchmarks for similar naval infrastructure projects?

Calculating a precise per-unit cost is challenging without detailed work breakdown structures and specific repair metrics (e.g., square footage of concrete replaced, length of piling repaired). However, the total value of $26.5M for extensive pier repairs at a naval base suggests a substantial investment. Benchmarking would require detailed cost data from comparable projects.

Industry Classification

NAICS: ConstructionOther Heavy and Civil Engineering ConstructionOther Heavy and Civil Engineering Construction

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N4008514R5204

Offers Received: 6

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 5405 CONSTANCE DR SW, BREMERTON, WA, 98312

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $26,530,236

Exercised Options: $26,530,236

Current Obligation: $26,530,236

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2014-08-05

Current End Date: 2017-11-22

Potential End Date: 2017-11-22 00:00:00

Last Modified: 2017-09-26

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