Dredging Contract Awarded for Savannah Inner Harbor Exceeds $24M, Awarded to Marinex Construction Inc
Contract Overview
Contract Amount: $24,087,814 ($24.1M)
Contractor: Marinex Construction Inc
Awarding Agency: Department of Defense
Start Date: 2017-01-20
End Date: 2018-08-10
Contract Duration: 567 days
Daily Burn Rate: $42.5K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 2
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: IGF::OT::IGF - FY17 SAVANNAH INNER HARBOR MAINTENANCE DREDGING
Place of Performance
Location: SAVANNAH, CHATHAM County, GEORGIA, 31401
State: Georgia Government Spending
Plain-Language Summary
Department of Defense obligated $24.1 million to MARINEX CONSTRUCTION INC for work described as: IGF::OT::IGF - FY17 SAVANNAH INNER HARBOR MAINTENANCE DREDGING Key points: 1. The contract value of $24.09M for harbor maintenance dredging is significant for the sector. 2. Marinex Construction Inc. secured the award through full and open competition. 3. The contract duration of 567 days suggests a substantial scope of work. 4. The firm fixed price contract type aims to control costs for the government.
Value Assessment
Rating: good
The contract value of $24.09M appears reasonable for a large-scale harbor maintenance dredging project. Benchmarking against similar Army Corps of Engineers projects 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, indicating a robust price discovery process. This method generally leads to more competitive pricing for the government.
Taxpayer Impact: The competitive bidding process likely resulted in a fair price, maximizing taxpayer value for essential infrastructure maintenance.
Public Impact
Ensures continued navigability of the Savannah Inner Harbor, crucial for regional commerce and supply chains. Supports maritime trade and economic activity by maintaining critical port infrastructure. The project provides employment opportunities within the construction and maritime sectors.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for cost overruns if unforeseen conditions arise during dredging.
- Dependence on a single contractor for project execution.
Positive Signals
- Awarded through full and open competition.
- Firm fixed price contract type.
- Project addresses critical infrastructure needs.
Sector Analysis
This contract falls within the Heavy and Civil Engineering Construction sector, specifically focusing on marine infrastructure maintenance. Spending in this area is often driven by federal infrastructure priorities and port development needs.
Small Business Impact
The data indicates this contract was not awarded to small businesses, as the 'sb' field is false. Further analysis would be needed to determine if subcontracting opportunities were made available to small businesses.
Oversight & Accountability
The award was made by the Department of the Army, likely subject to standard federal procurement oversight. The firm fixed price contract provides a degree of cost control, but performance monitoring is essential.
Related Government Programs
- Other Heavy and Civil Engineering Construction
- Department of Defense Contracting
- Department of the Army Programs
Risk Flags
- Contract duration is lengthy (567 days).
- No small business participation indicated.
- Potential for unforeseen site conditions.
- Reliance on a single prime contractor.
Tags
other-heavy-and-civil-engineering-constr, department-of-defense, ga, definitive-contract, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $24.1 million to MARINEX CONSTRUCTION INC. IGF::OT::IGF - FY17 SAVANNAH INNER HARBOR MAINTENANCE DREDGING
Who is the contractor on this award?
The obligated recipient is MARINEX CONSTRUCTION INC.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Army).
What is the total obligated amount?
The obligated amount is $24.1 million.
What is the period of performance?
Start: 2017-01-20. End: 2018-08-10.
What is the historical cost performance of Marinex Construction Inc. on similar dredging projects?
Historical cost performance data for Marinex Construction Inc. on similar dredging projects is not provided in the current dataset. A thorough review of past contract performance, including any cost variances or change orders, would be necessary to assess their reliability and efficiency in managing project budgets and timelines effectively.
What are the specific environmental mitigation measures included in this contract?
The provided data does not detail specific environmental mitigation measures. Dredging projects typically require adherence to environmental regulations, which may include protocols for sediment management, protection of marine life, and water quality monitoring. A review of the full contract documentation would be needed to ascertain these details.
How does the awarded price compare to the government's independent cost estimate?
The dataset does not include the government's independent cost estimate for this contract. Comparing the awarded price ($24.09M) to such an estimate would be crucial for a comprehensive value assessment and to determine the extent of savings achieved through the competitive bidding process.
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 BUILDINGS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SEALED BID
Solicitation ID: W912HN16B0003
Offers Received: 2
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 1903 PITTSBURGH AVE, CHARLESTON, SC, 29405
Business Categories: Category Business, Not Designated a Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $24,087,814
Exercised Options: $24,087,814
Current Obligation: $24,087,814
Contract Characteristics
Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED
Cost or Pricing Data: NO
Timeline
Start Date: 2017-01-20
Current End Date: 2018-08-10
Potential End Date: 2018-08-10 00:00:00
Last Modified: 2020-10-03
More Contracts from Marinex Construction Inc
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- FY24 Savannah Inner Harbor Maintenance Dredging — $27.3M (Department of Defense)
- FY22 Savannah Inner Harbor Maintenance Dredging — $26.4M (Department of Defense)
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