DoD Awards $245M for Multi-Mission Drydock Initial Studies to WSM Pacific SIOP
Contract Overview
Contract Amount: $245,225,089 ($245.2M)
Contractor: WSM Pacific Siop, a Joint Venture
Awarding Agency: Department of Defense
Start Date: 2022-02-18
End Date: 2028-06-06
Contract Duration: 2,300 days
Daily Burn Rate: $106.6K/day
Competition Type: FULL AND OPEN COMPETITION
Pricing Type: FIRM FIXED PRICE
Sector: Defense
Official Description: P454 MULTI-MISSION DRYDOCK - INITIAL STUDIES
Place of Performance
Location: SILVERDALE, KITSAP County, WASHINGTON, 98315
Plain-Language Summary
Department of Defense obligated $245.2 million to WSM PACIFIC SIOP, A JOINT VENTURE for work described as: P454 MULTI-MISSION DRYDOCK - INITIAL STUDIES Key points: 1. The contract is for initial studies related to a multi-mission drydock. 2. The awardee is WSM Pacific SIOP, a joint venture. 3. The Department of Defense, specifically the Department of the Navy, is the procuring agency. 4. The contract type is Firm Fixed Price, awarded via Full and Open Competition.
Value Assessment
Rating: good
The total award amount is $245.2 million. Benchmarking against similar engineering services contracts is difficult without more specific details on the scope of 'initial studies' for a multi-mission drydock.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded using Full and Open Competition, indicating a competitive bidding process. This method generally promotes price discovery and potentially better pricing for the government.
Taxpayer Impact: The competitive nature of the award suggests efforts to secure value for taxpayer funds, though the ultimate cost-effectiveness depends on the successful completion of the initial studies.
Public Impact
Naval readiness and shipbuilding capabilities may be enhanced by the development of this multi-mission drydock. The initial studies will inform future investments in critical naval infrastructure. This contract supports the Department of the Navy's strategic goals for fleet maintenance and modernization.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of detailed scope for 'initial studies'
- Potential for cost overruns in subsequent phases if studies are incomplete
- Limited information on the specific capabilities of the awarded joint venture
Positive Signals
- Awarded through full and open competition
- Firm Fixed Price contract type
- Clear procuring agency and service branch
Sector Analysis
This contract falls under Engineering Services (NAICS 541330). Spending in this sector is crucial for infrastructure development and maintenance across government agencies, with significant investments often seen in defense and transportation.
Small Business Impact
The contract was awarded to a joint venture and there is no indication of small business participation in this specific award. Future subcontracts may offer opportunities for small businesses.
Oversight & Accountability
The Department of the Navy is responsible for oversight. The Firm Fixed Price contract type provides some cost control, but ongoing monitoring of study progress and deliverables is essential.
Related Government Programs
- Engineering Services
- Department of Defense Contracting
- Department of the Navy Programs
Risk Flags
- Potential for cost growth in subsequent phases
- Scope definition for 'initial studies' is broad
- Limited transparency on joint venture's specific capabilities
- Dependency on future funding for project continuation
Tags
engineering-services, department-of-defense, wa, delivery-order, 100m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $245.2 million to WSM PACIFIC SIOP, A JOINT VENTURE. P454 MULTI-MISSION DRYDOCK - INITIAL STUDIES
Who is the contractor on this award?
The obligated recipient is WSM PACIFIC SIOP, A JOINT VENTURE.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Navy).
What is the total obligated amount?
The obligated amount is $245.2 million.
What is the period of performance?
Start: 2022-02-18. End: 2028-06-06.
What specific outcomes are expected from these 'initial studies' and how will they be measured?
The initial studies are expected to define the requirements, feasibility, and preliminary design concepts for the multi-mission drydock. Success will likely be measured by the timely delivery of comprehensive reports, technical specifications, and cost estimates that enable informed decisions for subsequent project phases. Clear metrics for study completion and quality are crucial for accountability.
What are the potential risks associated with the 'initial studies' phase for a project of this magnitude?
Risks include scope creep, inaccurate cost estimations for future phases, and delays in defining critical technical requirements. If the studies do not adequately address environmental, logistical, or technological challenges, subsequent phases could face significant cost increases or redesign efforts, impacting the overall value and timeline of the drydock project.
How will the effectiveness of these initial studies be evaluated in contributing to the overall success of the multi-mission drydock?
Effectiveness will be evaluated by how well the studies provide a solid foundation for subsequent design and construction phases. Key indicators include the accuracy of cost and schedule projections derived from the studies, the clarity and completeness of technical requirements, and the degree to which the studies anticipate and mitigate potential challenges, ultimately leading to a successful and cost-efficient drydock.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Architectural, Engineering, and Related Services › Engineering Services
Product/Service Code: ARCHITECT/ENGINEER SERVICES › ARCH-ENG SVCS - GENERAL
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: ARCHITECT-ENGINEER FAR 6.102
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 1001 BISHOP ST STE 2400, HONOLULU, HI, 96813
Business Categories: Category Business, Foreign Owned, Foreign-Owned and U.S.-Incorporated Business, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations
Financial Breakdown
Contract Ceiling: $248,673,792
Exercised Options: $248,673,792
Current Obligation: $245,225,089
Actual Outlays: $76,306,927
Subaward Activity
Number of Subawards: 118
Total Subaward Amount: $158,158,524
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: N6274221D0001
IDV Type: IDC
Timeline
Start Date: 2022-02-18
Current End Date: 2028-06-06
Potential End Date: 2028-06-06 00:00:00
Last Modified: 2025-10-17
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