DoD's $14.5M Ventura County Revetment Repair Project Awarded to Larison-Reyes Joint Venture

Contract Overview

Contract Amount: $14,518,100 ($14.5M)

Contractor: Larison-Reyes Joint Venture

Awarding Agency: Department of Defense

Start Date: 2025-10-27

End Date: 2027-12-27

Contract Duration: 791 days

Daily Burn Rate: $18.4K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 8

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: PROJECT TITLE: CENTRAL REVETMENT REPAIR PROJECT LOCATION: NAVY BASE VENTURA COUNTY, NAVAL AIR STATION POINT MUGU, VENTURA COUNTY, CALIFORNIA.

Place of Performance

Location: POINT MUGU NAWC, VENTURA County, CALIFORNIA, 93042

State: California Government Spending

Plain-Language Summary

Department of Defense obligated $14.5 million to LARISON-REYES JOINT VENTURE for work described as: PROJECT TITLE: CENTRAL REVETMENT REPAIR PROJECT LOCATION: NAVY BASE VENTURA COUNTY, NAVAL AIR STATION POINT MUGU, VENTURA COUNTY, CALIFORNIA. Key points: 1. The contract value of $14.5 million for revetment repair appears to be within a reasonable range for heavy civil engineering projects of this nature. 2. Competition dynamics indicate a full and open process, suggesting a competitive bidding environment that should drive price discovery. 3. The definitive contract type with a firm fixed price suggests that cost risks are largely borne by the contractor. 4. The project's duration of approximately 791 days (2.17 years) aligns with the scope of significant civil engineering work. 5. This contract falls under the 'Other Heavy and Civil Engineering Construction' NAICS code, a common category for infrastructure projects. 6. The absence of small business set-aside flags suggests the primary award was not specifically targeted for small business participation.

Value Assessment

Rating: good

Benchmarking this $14.5 million contract against similar revetment repair or coastal defense projects is challenging without more specific cost data and scope details. However, the firm fixed-price structure generally indicates a commitment to a defined cost, which is favorable for the government. The number of bidders (8) suggests a healthy level of interest, which can contribute to competitive pricing. The project duration of over two years also implies a substantial scope of work, making the total value seem proportionate.

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,' indicating that the government initially considered excluding certain sources but ultimately opened the competition. With 8 bidders, the competition level appears robust, suggesting that multiple firms were interested and capable of performing the work. This level of competition is generally expected to lead to more competitive pricing and better value for the government.

Taxpayer Impact: A competitive bidding process with 8 bidders helps ensure that taxpayer funds are used efficiently by driving down costs through market forces. This reduces the risk of overpayment and maximizes the value received for the investment in critical infrastructure.

Public Impact

The primary beneficiaries are the Department of Defense and Naval Air Station Point Mugu, which will receive enhanced coastal protection and infrastructure resilience. The services delivered include essential heavy and civil engineering construction for revetment repair, crucial for mitigating erosion and protecting military assets. The geographic impact is localized to Ventura County, California, specifically at Navy Base Ventura County. Workforce implications include employment opportunities for skilled construction labor, engineers, and project managers involved in the execution of the project.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for scope creep or unforeseen site conditions in coastal environments that could impact the firm fixed price.
Dependence on specific joint venture capabilities; performance issues with either partner could affect project delivery.
Long project duration increases exposure to potential material cost fluctuations or labor availability challenges.

Positive Signals

Firm fixed-price contract shifts cost risk to the contractor, providing budget certainty for the government.
Full and open competition with 8 bidders suggests a strong market response and potential for competitive pricing.
Definitive contract award indicates a clear scope and commitment to project execution.
Project location at a critical naval facility highlights its importance for national defense infrastructure.

Sector Analysis

This contract falls within the Heavy and Civil Engineering Construction sector, specifically under NAICS code 237990 (Other Heavy and Civil Engineering Construction). This sector encompasses a wide range of infrastructure projects, including coastal protection, dams, levees, and marine construction. Spending in this sector is often driven by government needs for infrastructure maintenance, upgrades, and resilience projects, particularly in coastal areas vulnerable to environmental changes. Comparable spending benchmarks would typically involve analyzing other large-scale civil engineering projects awarded by federal agencies for similar purposes.

Small Business Impact

The data indicates that this contract was not awarded as a small business set-aside (ss: false, sb: false). This suggests that the primary contract was competed broadly. While there's no direct indication of subcontracting plans for small businesses within the provided data, large civil engineering projects often involve significant subcontracting opportunities. The prime contractor, Larison-Reyes Joint Venture, may engage small businesses for specialized services or labor, contributing to the small business ecosystem, but this is not guaranteed by the contract terms provided.

Oversight & Accountability

Oversight for this contract will likely be managed by the Department of the Army, given their role as the servicing agency (sa). The definitive contract type and firm fixed-price nature imply that performance monitoring and compliance checks will be key oversight mechanisms. Accountability measures will focus on adherence to project specifications, timelines, and quality standards. Transparency is generally facilitated through contract award databases like FPDS, though detailed project-specific oversight reports may not be publicly available.

Related Government Programs

Army Corps of Engineers Civil Works Projects
Naval Facilities Engineering Command (NAVFAC) Construction Contracts
Department of Homeland Security Coastal Resilience Projects
General Services Administration (GSA) Public Buildings Construction

Risk Flags

Potential for unforeseen environmental conditions impacting coastal construction.
Risk of material price escalation over the project's two-year duration.
Contractor performance risk associated with a joint venture structure.
Dependency on specific geological or hydrological factors not fully captured in initial surveys.

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $14.5 million to LARISON-REYES JOINT VENTURE. PROJECT TITLE: CENTRAL REVETMENT REPAIR PROJECT LOCATION: NAVY BASE VENTURA COUNTY, NAVAL AIR STATION POINT MUGU, VENTURA COUNTY, CALIFORNIA.

Who is the contractor on this award?

The obligated recipient is LARISON-REYES JOINT VENTURE.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $14.5 million.

What is the period of performance?

Start: 2025-10-27. End: 2027-12-27.

What is the track record of Larison-Reyes Joint Venture in performing similar large-scale civil engineering projects, particularly coastal defense or revetment work?

Assessing the specific track record of 'Larison-Reyes Joint Venture' requires a deep dive into contract databases and performance reviews. As a joint venture, its history is a composite of its constituent companies' past performance. Federal procurement data often tracks individual company performance, and a joint venture's success hinges on the combined capabilities and experience of its partners. For this specific $14.5 million project, the Department of the Army and Department of Defense would have evaluated the JV's past performance during the procurement process. Without access to proprietary past performance evaluations or detailed project histories for the JV partners, it's difficult to definitively state their track record. However, the award itself suggests they met the government's criteria for capability and experience in heavy civil engineering construction.

How does the $14.5 million contract value compare to the average cost of similar revetment repair projects undertaken by the Department of Defense or other federal agencies?

Directly comparing the $14.5 million contract value for this specific revetment repair project requires detailed cost breakdowns and scope normalization, which are not publicly available. However, large-scale civil engineering projects, especially those involving coastal infrastructure and military bases, can range significantly in cost. Factors such as the length of revetment, materials used (e.g., rock, concrete, specialized armor units), site accessibility, environmental mitigation requirements, and the specific engineering challenges (e.g., soil conditions, wave action) heavily influence the total price. Projects of this magnitude, spanning over two years, often fall into the multi-million dollar category. The number of bidders (8) suggests the market perceived the value and scope as reasonable for the price point.

What are the primary risk indicators associated with this contract, considering its firm fixed-price nature and long duration?

The primary risk indicators for this firm fixed-price contract with a duration of approximately 791 days (over two years) include potential cost overruns due to unforeseen site conditions, material price escalation, and labor shortages. While the firm fixed-price structure shifts cost risk to the contractor (Larison-Reyes Joint Venture), significant unforeseen issues could lead to claims or contractor default, impacting project delivery. The long duration increases exposure to market volatility in material costs (e.g., aggregate, cement) and potential labor disputes or availability issues. Environmental risks inherent in coastal construction, such as extreme weather events or discovery of protected species, could also cause delays and necessitate costly changes, potentially straining the fixed-price agreement. The government's risk is primarily related to project completion and potential contractor performance issues.

How effective is the 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES' approach in ensuring optimal value for taxpayer money in this specific contract?

The 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES' approach aims to balance broad market access with potential efficiencies. Initially excluding sources might be based on specific technical requirements or past performance concerns, but opening it fully allows a wider pool of bidders. With 8 bidders participating, this suggests the exclusion criteria did not unduly limit competition. This broad participation increases the likelihood of receiving competitive bids, driving down prices and ensuring the government obtains services at a fair market value. The effectiveness is maximized when the initial exclusion criteria are justified and the subsequent open competition attracts a sufficient number of qualified bidders, as appears to be the case here, ultimately benefiting taxpayers through potentially lower costs and better-resourced contractors.

What are the historical spending patterns for revetment repair and coastal defense projects at Navy Base Ventura County or similar naval installations?

Analyzing historical spending patterns for revetment repair and coastal defense at Navy Base Ventura County or similar naval installations requires access to detailed historical contract data. Such data would reveal the frequency, scale, and cost of previous projects. Coastal bases are particularly susceptible to erosion and storm damage, necessitating ongoing investment in protective structures. Spending patterns can fluctuate based on environmental conditions, infrastructure age, and budget allocations. Without specific historical data for this location, it's difficult to provide precise figures. However, it's reasonable to assume that such projects are recurring needs for naval facilities in coastal regions, often involving significant capital outlays over time to maintain operational readiness and protect valuable assets.

What are the implications of the definitive contract award type for project management and potential modifications?

A definitive contract, often awarded after a task order or basic ordering agreement, typically signifies a firm commitment to proceed with the work described. For this project, it implies that the scope, terms, and conditions are finalized. This provides a stable foundation for project execution and reduces uncertainty for both the government and the contractor. While definitive contracts establish a clear path, modifications can still occur if unforeseen circumstances arise, requiring changes to the scope, schedule, or cost. However, the firm fixed-price nature means that any modifications impacting cost would likely be subject to rigorous negotiation and justification to ensure continued value for taxpayer money. The government's project management will focus on ensuring adherence to the established definitive contract terms.

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 AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SEALED BID

Offers Received: 8

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 3268 CHERRY AVE, LONG BEACH, CA, 90807

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $14,518,100

Exercised Options: $14,518,100

Current Obligation: $14,518,100

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline