Army Corps of Engineers Awards $9.8M Dredging Contract to Inland Dredging Company, LLC

Contract Overview

Contract Amount: $9,823,307 ($9.8M)

Contractor: Inland Dredging Company, L.L.C.

Awarding Agency: Department of Defense

Start Date: 2005-08-24

End Date: 2008-12-31

Contract Duration: 1,225 days

Daily Burn Rate: $8.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIXED PRICE

Sector: Construction

Official Description: 200512!500841!96CE!W912EE!USA ENGINEER DISTRICT VICKSBURG !W912EE05C0021 !A!N! !N! ! !20050824!20060930!090902164!090902164!090902164!N!INLAND DREDGING COMPANY, L L C!103 KING AVENUE !DYERSBURG !TN!38024!29340!083!28!GREENWOOD !LEFLORE !MISS !+000000010000!N!N!000009643450!Z216!DREDGING, EXCL. DUSTPAN AND SEA-GOING HOPPERS !C2 !CONSTRUCTION !000 !* !237990!E! !3! ! ! ! ! !20200930!B! ! !A! !A!U!J!2!002!A! !D!N!Z! ! !N!B!N!Y! !B!A! !A!A!000!A!B!Y!T!Y! ! ! !W807PM!0001! !

Place of Performance

Location: VICKSBURG, WARREN County, MISSISSIPPI, 39183

State: Mississippi Government Spending

Plain-Language Summary

Department of Defense obligated $9.8 million to INLAND DREDGING COMPANY, L.L.C. for work described as: 200512!500841!96CE!W912EE!USA ENGINEER DISTRICT VICKSBURG !W912EE05C0021 !A!N! !N! ! !20050824!20060930!090902164!090902164!090902164!N!INLAND DREDGING COMPANY, L L C!103 KING AVENUE !DYERSBURG !TN!38024!29340!083!28!GREENWOOD !LEFL… Key points: 1. The contract is for dredging services, excluding specific equipment, valued at $9.8 million. 2. Awarded through full and open competition, indicating a competitive bidding process. 3. The contract duration is 1225 days, suggesting a significant, long-term project. 4. The North American Industry Classification System (NAICS) code 237990 points to heavy civil engineering construction.

Value Assessment

Rating: fair

The contract value of $9,823,307 is a significant investment. Without specific benchmarks for similar dredging projects of this scale and complexity, a precise pricing assessment is difficult. However, the fixed-price nature suggests the government aimed to control costs upfront.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which typically allows for the widest possible range of bidders and fosters price discovery through market forces. This method is generally expected to yield competitive pricing.

Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by securing the best value through a competitive process.

Public Impact

Supports critical infrastructure maintenance and navigation in waterways. Provides employment opportunities within the construction and dredging sector. Ensures continued economic activity reliant on navigable waterways.

Waste & Efficiency Indicators

Waste Risk Score: 80 / 10

Warning Flags

Potential for cost overruns if unforeseen site conditions arise.
Dependence on a single contractor for a critical service.

Positive Signals

Awarded through full and open competition.
Fixed-price contract type can limit cost uncertainty.
Contract duration suggests a well-defined project scope.

Sector Analysis

This contract falls within the heavy and civil engineering construction sector, specifically focusing on dredging. Spending in this sector is often tied to infrastructure projects, environmental management, and maintaining navigable waterways, with significant federal investment historically.

Small Business Impact

The contract was awarded to Inland Dredging Company, L.L.C. Information regarding the company's size (small or large business) is not explicitly provided in the data, nor are specific set-asides for small businesses indicated.

Oversight & Accountability

The award was made by the Department of the Army, U.S. Engineer District Vicksburg. Standard federal procurement oversight processes would apply, including contract administration and performance monitoring to ensure compliance and taxpayer value.

Related Government Programs

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

Risk Flags

Contract duration is lengthy, increasing exposure to potential changes.
Fixed-price contract may not account for unforeseen site conditions.
Reliance on a single entity for a critical service.
Lack of explicit small business participation noted.

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $9.8 million to INLAND DREDGING COMPANY, L.L.C.. 200512!500841!96CE!W912EE!USA ENGINEER DISTRICT VICKSBURG !W912EE05C0021 !A!N! !N! ! !20050824!20060930!090902164!090902164!090902164!N!INLAND DREDGING COMPANY, L L C!103 KING AVENUE !DYERSBURG !TN!38024!29340!083!28!GREENWOOD !LEFLORE !MISS !+000000010000!N!N!000009643450!Z216!DREDGING, EXCL. DUSTPAN AND SEA-GOING HOPPERS !C2 !CONSTRUCTION !000 !* !237990!E! !3! ! ! ! ! !202

Who is the contractor on this award?

The obligated recipient is INLAND DREDGING COMPANY, 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 $9.8 million.

What is the period of performance?

Start: 2005-08-24. End: 2008-12-31.

What is the historical cost performance of Inland Dredging Company, L.L.C. on similar federal contracts?

Analyzing the contractor's past performance on comparable federal contracts is crucial for assessing future value and risk. A review of their award history, including any modifications, disputes, or performance reviews, would provide insights into their reliability, cost control capabilities, and adherence to contract terms. This historical data helps determine if the current contract's pricing is consistent with their track record.

What are the specific environmental and operational risks associated with this dredging project?

Dredging projects carry inherent environmental risks, such as the disturbance of aquatic habitats, potential release of contaminated sediments, and impacts on water quality. Operational risks can include equipment failure, weather-related delays, and unforeseen subsurface conditions. A thorough risk assessment should detail mitigation strategies for these potential issues, which could impact project timelines and costs.

How does the awarded price compare to industry benchmarks for similar dredging services?

Benchmarking the contract price against industry standards for similar dredging projects is essential for evaluating cost-effectiveness. This involves comparing the price per cubic yard or per linear foot dredged, considering factors like project complexity, location, and required equipment. A favorable comparison suggests good value for taxpayer money, while a significantly higher price warrants further investigation into the justification.

Industry Classification

NAICS: Construction › Other Heavy and Civil Engineering Construction › Other Heavy and Civil Engineering Construction

Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTY › MAINT, ALTER, REPAIR NONBUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SEALED BID

Offers Received: 2

Pricing Type: FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 103 KING AVENUE, DYERSBURG, TN, 38024

Business Categories: Category Business, Emerging Small Business, HUBZone Firm, Small Business, Special Designations, Veteran Owned Business

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline