DoD Awards $8.76M for APL-61 Repairs to BMFT JV LLC Under Full and Open Competition
Contract Overview
Contract Amount: $8,759,588 ($8.8M)
Contractor: Bmft JV LLC
Awarding Agency: Department of Defense
Start Date: 2024-09-12
End Date: 2025-12-22
Contract Duration: 466 days
Daily Burn Rate: $18.8K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 5
Pricing Type: FIRM FIXED PRICE
Sector: Defense
Official Description: REPAIRS IN SUPPORT OF THE APL-61
Place of Performance
Location: CHESAPEAKE, CHESAPEAKE CITY County, VIRGINIA, 23324
State: Virginia Government Spending
Plain-Language Summary
Department of Defense obligated $8.8 million to BMFT JV LLC for work described as: REPAIRS IN SUPPORT OF THE APL-61 Key points: 1. Contract awarded to BMFT JV LLC for essential APL-61 repairs. 2. Utilizes full and open competition, indicating a competitive bidding process. 3. Potential risk associated with the specific nature of ship repair services. 4. Spending falls within the Ship Building and Repairing sector.
Value Assessment
Rating: good
The contract value of $8.76 million appears reasonable for specialized ship repair services. Benchmarking against similar naval repair contracts would provide further validation, but the firm fixed-price structure suggests cost certainty.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES,' suggesting a competitive process was initiated, though specific sources may have been excluded. This method aims for price discovery through multiple bids.
Taxpayer Impact: The use of full and open competition generally benefits taxpayers by fostering competitive pricing and potentially leading to cost savings.
Public Impact
Ensures operational readiness of naval assets through critical repairs. Supports the maritime defense industrial base and associated jobs. Contributes to the Navy's fleet maintenance and modernization efforts.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for cost overruns if unforeseen repair issues arise.
- Dependence on a single contractor for a specific repair project.
Positive Signals
- Competitive bidding process likely secured favorable pricing.
- Firm fixed-price contract provides budget predictability.
Sector Analysis
This contract falls under the Ship Building and Repairing sector, which is critical for national defense. Spending benchmarks for similar naval vessel repair contracts would be necessary for a precise comparison.
Small Business Impact
The data does not indicate whether small businesses were involved as subcontractors or prime contractors in this award. Further analysis would be needed to assess small business participation.
Oversight & Accountability
The Department of the Navy is responsible for oversight of this contract. The firm fixed-price nature of the award provides a degree of accountability for the contractor's performance and cost.
Related Government Programs
- Ship Building and Repairing
- Department of Defense Contracting
- Department of the Navy Programs
Risk Flags
- Contract duration is substantial (466 days).
- Specific vessel type (APL-61) may have unique repair needs.
- Potential for scope creep if additional repairs are identified.
- Reliance on a single awardee for critical repairs.
Tags
ship-building-and-repairing, department-of-defense, va, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $8.8 million to BMFT JV LLC. REPAIRS IN SUPPORT OF THE APL-61
Who is the contractor on this award?
The obligated recipient is BMFT JV LLC.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Navy).
What is the total obligated amount?
The obligated amount is $8.8 million.
What is the period of performance?
Start: 2024-09-12. End: 2025-12-22.
What is the historical performance record of BMFT JV LLC on similar naval repair contracts?
Assessing BMFT JV LLC's past performance on comparable contracts is crucial for evaluating risk. A review of past project completion rates, adherence to budget, and quality of work would provide insight into their reliability and capability to execute this APL-61 repair project effectively and efficiently.
Are there any specific technological or logistical challenges associated with the APL-61 that could impact the repair timeline or cost?
Understanding the unique challenges of the APL-61 is vital. Complexities in accessing specific components, the availability of specialized parts, or the need for unique repair techniques could introduce unforeseen delays and increase costs beyond the initial estimates, posing a risk to the project's budget and schedule.
How does the awarded price compare to independent cost estimates for similar ship repair services?
Comparing the awarded price to independent cost estimates is key to assessing value. If the awarded price is significantly lower than estimates, it suggests strong competition or potentially aggressive bidding. Conversely, a higher price might warrant further scrutiny of the scope and contractor's justification.
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 AFTER EXCLUSION OF SOURCES
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: N5005419R0017
Offers Received: 5
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 815 INDUSTRIAL AVE, CHESAPEAKE, VA, 23324
Business Categories: Category Business, Limited Liability Corporation, Partnership or Limited Liability Partnership, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business
Financial Breakdown
Contract Ceiling: $8,759,588
Exercised Options: $8,759,588
Current Obligation: $8,759,588
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: N5005420D0002
IDV Type: IDC
Timeline
Start Date: 2024-09-12
Current End Date: 2025-12-22
Potential End Date: 2025-12-22 00:00:00
Last Modified: 2025-12-04
Other Department of Defense Contracts
- Federal Contract — $51.3B (Humana Government Business Inc)
- Lrip LOT 12 Advance Acquisition Contract — $35.1B (Lockheed Martin Corporation)
- SSN 802 and 803 Long Lead Time Material — $34.7B (Electric Boat Corporation)
- 200204!008532!1700!AF600 !naval AIR Systems Command !N0001902C3002 !A!N! !N! !20011026!20120430!008016958!008016958!834951691!n!lockheed Martin Corporation !lockheed Blvd !fort Worth !tx!76108!27000!439!48!fort Worth !tarrant !texas !+000026000000!n!n!018981928201!ac15!rdte/Aircraft-Eng/Manuf Develop !a1a!airframes and Spares !2ama!jast/Jsf !336411!E! !3! ! ! ! ! !99990909!B! ! !A! !a!n!r!2!002!n!1a!a!n!z! ! !N!C!N! ! ! !a!a!a!a!000!a!c!n! ! ! !Y! !N00019!0001! — $34.2B (Lockheed Martin Corporation)
- KC-X Modernization Program — $32.0B (THE Boeing Company)