DoD Awards $21.3M Firm Fixed Price Contract for Shipyard Preparation to Thoma-Sea Marine Constructors

Contract Overview

Contract Amount: $21,283,724 ($21.3M)

Contractor: Thoma-Sea Marine Constructors, L.L.C.

Awarding Agency: Department of Defense

Start Date: 2024-10-07

End Date: 2026-06-15

Contract Duration: 616 days

Daily Burn Rate: $34.6K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: PHASE 1 : SHIPYARD PREPERATION

Place of Performance

Location: HOUMA, TERREBONNE County, LOUISIANA, 70363

State: Louisiana Government Spending

Plain-Language Summary

Department of Defense obligated $21.3 million to THOMA-SEA MARINE CONSTRUCTORS, L.L.C. for work described as: PHASE 1 : SHIPYARD PREPERATION Key points: 1. Contract awarded to Thoma-Sea Marine Constructors, L.L.C. for shipyard preparation. 2. The contract is valued at $21,283,724.31 and has a duration of 616 days. 3. Competition method was 'Full and Open Competition After Exclusion of Sources', indicating a specific but competitive approach. 4. The sector is Ship Building and Repairing, a critical component of national defense infrastructure.

Value Assessment

Rating: good

The contract is a Firm Fixed Price (FFP) type, which generally provides good value by shifting risk to the contractor. The award amount appears reasonable for a multi-year shipyard preparation project of this scope.

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'. This suggests that while the competition was open, certain sources were initially excluded, potentially impacting the breadth of price discovery but still allowing for competitive bidding among eligible firms.

Taxpayer Impact: The firm fixed price nature of the contract helps control costs for taxpayers, ensuring the final price is known upfront, barring any significant change orders.

Public Impact

Ensures readiness of naval assets through essential shipyard preparation. Supports the shipbuilding and repair industry, a key defense industrial base sector. Provides critical infrastructure maintenance for national security operations. The contract duration of over 1.5 years suggests a significant undertaking impacting port operations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for cost overruns if unforeseen issues arise during preparation.
Dependence on a single contractor for a critical phase of naval readiness.

Positive Signals

Firm Fixed Price contract limits cost uncertainty.
Competitive award process ensures a selected contractor meets requirements.
Long-term contract supports sustained operational capability.

Sector Analysis

This contract falls within the Ship Building and Repairing sector, which is vital for maintaining and modernizing naval fleets. Spending in this sector is often substantial due to the complexity and scale of maritime defense assets.

Small Business Impact

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

Oversight & Accountability

The Department of the Army's award process, including the 'Full and Open Competition After Exclusion of Sources' method, suggests a structured approach to procurement. Oversight will be crucial to ensure adherence to contract terms and timely completion.

Related Government Programs

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

Risk Flags

Potential for schedule delays impacting naval readiness.
Risk of scope creep leading to cost increases.
Dependence on contractor's specialized expertise.
Geopolitical factors affecting supply chain for materials or labor.

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $21.3 million to THOMA-SEA MARINE CONSTRUCTORS, L.L.C.. PHASE 1 : SHIPYARD PREPERATION

Who is the contractor on this award?

The obligated recipient is THOMA-SEA MARINE CONSTRUCTORS, L.L.C..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $21.3 million.

What is the period of performance?

Start: 2024-10-07. End: 2026-06-15.

What specific criteria led to the exclusion of certain sources in the 'Full and Open Competition After Exclusion of Sources' process, and how did this impact the final price?

The exclusion of sources typically occurs due to specific technical requirements, past performance issues, or security clearances not met by certain potential bidders. Understanding these criteria is crucial to assess if the competition was truly optimized or if it inadvertently limited the pool of capable contractors, potentially affecting price competitiveness and innovation.

What are the key performance indicators (KPIs) for this shipyard preparation contract, and how will performance be monitored to ensure effectiveness and prevent cost overruns?

Key performance indicators likely include adherence to the project schedule, quality of work performed (e.g., structural integrity, safety compliance), and efficient resource management. The Department of the Army will likely employ regular progress reviews, site inspections, and milestone tracking to monitor performance and ensure the contractor meets all contractual obligations effectively and within budget.

Beyond the initial preparation, what is the long-term strategy for maintaining and upgrading the shipyard facilities, and how does this contract fit into that broader plan?

This contract addresses the immediate need for shipyard preparation, which is a foundational step. The long-term strategy would involve subsequent contracts for modernization, equipment upgrades, and ongoing maintenance. Understanding this contract's role within a larger capital investment plan is essential to gauge its strategic value and ensure sustained operational readiness of naval facilities.

Industry Classification

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

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENT › MAINT, REPAIR, REBUILD OF EQUIPMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: W912BU24R0031

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 137 BARRY BELANGER ST, HOUMA, LA, 70363

Business Categories: Category Business, Limited Liability Corporation, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $21,283,724

Exercised Options: $21,283,724

Current Obligation: $21,283,724

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline