DoD's $3.4M Contract for USS Forrest Sherman DSRA Awarded to BAE Systems

Contract Overview

Contract Amount: $34,330,880 ($34.3M)

Contractor: BAE Systems Maritime Solutions Norfolk Inc.

Awarding Agency: Department of Defense

Start Date: 2015-11-12

End Date: 2016-07-22

Contract Duration: 253 days

Daily Burn Rate: $135.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: IGF::CT::IGF USS FORREST SHERMAN (DDG 98) DSRA

Place of Performance

Location: NORFOLK, NORFOLK CITY County, VIRGINIA, 23511

State: Virginia Government Spending

Plain-Language Summary

Department of Defense obligated $34.3 million to BAE SYSTEMS MARITIME SOLUTIONS NORFOLK INC. for work described as: IGF::CT::IGF USS FORREST SHERMAN (DDG 98) DSRA Key points: 1. The contract value is $3.4 million. 2. BAE Systems Maritime Solutions was the awardee. 3. The contract falls under the Ship Building and Repairing sector. 4. The award was made under full and open competition.

Value Assessment

Rating: good

The contract value of $3.4 million for a Definitized Contract (DSRA) appears reasonable for ship repair and maintenance services. Benchmarking against similar complex naval vessel repair contracts 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, suggesting a competitive bidding process. This method is generally effective in achieving fair market prices and encouraging innovation among potential contractors.

Taxpayer Impact: Full and open competition typically leads to better value for taxpayers by ensuring the government receives competitive pricing.

Public Impact

Ensures readiness of a key naval asset, the USS Forrest Sherman (DDG 98). Supports the Department of the Navy's maintenance and modernization efforts. Provides economic activity within the maritime repair industry.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Positive Signals

Full and open competition utilized.
Definitive contract type awarded.
Clear agency and sub-agency identified.

Sector Analysis

This contract falls within the Ship Building and Repairing sector, a critical component of national defense infrastructure. Spending in this sector is often substantial due to the complexity and cost of naval vessels.

Small Business Impact

The data does not indicate whether small businesses were involved as subcontractors or prime contractors in this specific award. Further analysis would be needed to determine small business participation.

Oversight & Accountability

The Department of the Navy, under the Department of Defense, is responsible for overseeing this contract. Standard procurement regulations and oversight mechanisms would apply to ensure proper execution and accountability.

Related Government Programs

Ship Building and Repairing
Department of Defense Contracting
Department of the Navy Programs

Risk Flags

Lack of detailed scope of work.
No information on performance metrics or outcomes.
Absence of initial estimate for comparison.
Small business participation not specified.

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $34.3 million to BAE SYSTEMS MARITIME SOLUTIONS NORFOLK INC.. IGF::CT::IGF USS FORREST SHERMAN (DDG 98) DSRA

Who is the contractor on this award?

The obligated recipient is BAE SYSTEMS MARITIME SOLUTIONS NORFOLK 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 $34.3 million.

What is the period of performance?

Start: 2015-11-12. End: 2016-07-22.

What was the specific scope of work for the DSRA on the USS Forrest Sherman?

The provided data does not detail the specific scope of work for the Definitized Contract (DSRA) on the USS Forrest Sherman (DDG 98). A DSRA typically involves repairs, alterations, or modifications to a vessel. Understanding the exact services rendered is crucial for a comprehensive value assessment and to ensure the funds were used effectively for necessary maintenance or upgrades.

Were there any performance issues or cost overruns associated with this contract?

The data does not provide information on performance issues or cost overruns for this contract. The duration was 253 days, and the award amount was $3,433,088. Without post-award performance reports or financial audits, it's impossible to assess if the contract was completed on time, within budget, or to the required standards.

How does the awarded price compare to the initial estimated cost or budget for this DSRA?

The data does not include the initial estimated cost or budget for this DSRA. We only have the awarded amount of $3,433,088. To assess the effectiveness of the pricing and competition, a comparison with the government's initial estimate or the bids received from other competitors would be necessary.

Industry Classification

NAICS: Manufacturing › Ship and Boat Building › Ship Building and Repairing

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENT › NON-NUCLEAR SHIP REPAIR

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N5005415R0012

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: BAE Systems PLC (UEI: 217304393)

Address: 750 W BERKLEY AVE, NORFOLK, VA, 23523

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

Financial Breakdown

Contract Ceiling: $35,407,821

Exercised Options: $34,330,880

Current Obligation: $34,330,880

Subaward Activity

Number of Subawards: 89

Total Subaward Amount: $15,779,316

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline