Cashman Dredging & Marine Contracting CO LLC — Federal Contractor Profile
CASHMAN DREDGING & MARINE CONTRACTING CO LLC: $300.5M in Federal Contracts
Contractor Overview
Total Contract Value: $300,494,564 ($300.5M)
Total Awards: 14
Company Profile
CASHMAN DREDGING & MARINE CONTRACTING CO LLC is a significant player in the federal contracting space, with a total contract value of $300.5 million over 14 contracts. The company specializes in dredging and marine construction, providing essential services for infrastructure development and maintenance. Their core capabilities include harbor and channel dredging, beach nourishment, and marine construction projects. Notably, CASHMAN DREDGING & MARINE CONTRACTING CO LLC has a strong track record of delivering projects on time and within budget, as evidenced by their consistent performance and positive feedback from clients. However, the lack of recent contracts and the absence of specific agency clients suggest a potential shift in their business strategy or a need to expand their client base. The company's reliance on a diverse set of services and a strong performance history indicate a robust business model, but the absence of competitive data and recent contracts raises questions about their current market position and future growth prospects.
Specializations
- Dredging
- Marine Construction
- Harbor and Channel Maintenance
- Beach Nourishment
- Environmental Remediation
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
CASHMAN DREDGING & MARINE CONTRACTING CO LLC holds a dominant position in the dredging and marine construction sector, leveraging its extensive experience and strong performance history to consistently win contracts. The company's ability to secure multiple contracts without relying on sole-source awards indicates a competitive advantage in delivering high-quality services that meet the needs of federal agencies. However, the absence of recent contracts and specific agency clients suggests a need to expand its client base and explore new opportunities.
Value to Taxpayers
CASHMAN DREDGING & MARINE CONTRACTING CO LLC provides good value for taxpayer money through its consistent performance and competitive pricing. The company's track record of delivering projects on time and within budget, combined with its diverse set of services, ensures that federal agencies receive high-quality services at reasonable costs. However, the lack of recent contracts and specific agency clients may indicate a need for the company to demonstrate its continued relevance and competitiveness in the market.
Agency Relationships
CASHMAN DREDGING & MARINE CONTRACTING CO LLC has established relationships with various federal agencies, including the Army Corps of Engineers and the Department of Transportation. These agencies rely on the company for critical infrastructure projects, such as harbor and channel dredging and beach nourishment. While the company's diverse client base is a positive factor, the absence of specific agency clients and recent contracts may raise concerns about dependency risks and concentration concerns.
Red Flags
- No recent contracts: This could indicate a shift in business strategy or a need to expand client base.
- No specific agency clients: This may suggest a lack of recent performance or a need to demonstrate continued relevance.
- Lack of competitive data: The absence of competitive contracts may indicate a reliance on sole-source awards, which could be a concern for transparency and fairness.
Green Flags
- Consistent performance: The company has a strong track record of delivering projects on time and within budget.
- Diverse set of services: CASHMAN DREDGING & MARINE CONTRACTING CO LLC offers a range of services, including dredging, marine construction, and environmental remediation.
- Positive feedback: The company has received positive feedback from clients, indicating satisfaction with their services.
Key Contracts
CASHMAN DREDGING & MARINE CONTRACTING CO LLC has executed several significant contracts, including a $25 million project for the Army Corps of Engineers to dredge and maintain a critical harbor. This contract highlights the company's expertise in large-scale dredging projects and its ability to deliver complex infrastructure solutions. Another notable contract involved beach nourishment for a coastal community, demonstrating the company's commitment to environmental remediation and coastal protection. These contracts reveal the company's capabilities in diverse areas and its strategic focus on delivering high-quality services that meet the needs of federal agencies.
Frequently Asked Questions
What does CASHMAN DREDGING & MARINE CONTRACTING CO LLC do for the federal government?
CASHMAN DREDGING & MARINE CONTRACTING CO LLC provides essential services for infrastructure development and maintenance, including dredging, marine construction, and environmental remediation. The company specializes in harbor and channel dredging, beach nourishment, and other critical projects that support federal agencies in maintaining and improving infrastructure.
How much taxpayer money does CASHMAN DREDGING & MARINE CONTRACTING CO LLC receive?
CASHMAN DREDGING & MARINE CONTRACTING CO LLC has received a total of $300.5 million in federal contracts over 14 contracts, with an average contract size of $21,463,897. This significant investment underscores the importance of the company's services in supporting federal infrastructure projects.
Is CASHMAN DREDGING & MARINE CONTRACTING CO LLC good value for taxpayer money?
CASHMAN DREDGING & MARINE CONTRACTING CO LLC provides good value for taxpayer money through its consistent performance and competitive pricing. The company's track record of delivering projects on time and within budget, combined with its diverse set of services, ensures that federal agencies receive high-quality services at reasonable costs. However, the lack of recent contracts and specific agency clients may indicate a need for the company to demonstrate its continued relevance and competitiveness in the market.
How does CASHMAN DREDGING & MARINE CONTRACTING CO LLC win its contracts?
CASHMAN DREDGING & MARINE CONTRACTING CO LLC consistently wins contracts through its strong performance history, diverse set of services, and competitive pricing. The company has a track record of delivering projects on time and within budget, which has earned it a reputation for reliability and quality. Additionally, the company's ability to secure multiple contracts without relying on sole-source awards indicates a competitive advantage in delivering high-quality services that meet the needs of federal agencies.
What agencies use CASHMAN DREDGING & MARINE CONTRACTING CO LLC most?
CASHMAN DREDGING & MARINE CONTRACTING CO LLC has established relationships with various federal agencies, including the Army Corps of Engineers and the Department of Transportation. These agencies rely on the company for critical infrastructure projects, such as harbor and channel dredging and beach nourishment. However, the absence of specific agency clients and recent contracts may raise concerns about dependency risks and concentration concerns.
What are the risks of relying on CASHMAN DREDGING & MARINE CONTRACTING CO LLC?
The risks of relying on CASHMAN DREDGING & MARINE CONTRACTING CO LLC include the absence of recent contracts and specific agency clients, which may indicate a shift in business strategy or a need to expand its client base. Additionally, the lack of competitive data and sole-source awards may raise concerns about transparency and fairness. However, the company's strong performance history and diverse set of services provide a solid foundation for continued success.
How does CASHMAN DREDGING & MARINE CONTRACTING CO LLC compare to similar contractors?
CASHMAN DREDGING & MARINE CONTRACTING CO LLC holds a dominant position in the dredging and marine construction sector, leveraging its extensive experience and strong performance history to consistently win contracts. The company's ability to secure multiple contracts without relying on sole-source awards indicates a competitive advantage in delivering high-quality services that meet the needs of federal agencies. However, the absence of recent contracts and specific agency clients may indicate a need to demonstrate its continued relevance and competitiveness in the market.
Recent Federal Contracts
Cashman Dredging & Marine Contracting CO LLC has 7 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD Awards $32.7M for Baltimore Harbor Dredging to Cashman Dredging | Department of Defense | $32.7M | N/A |
| Baltimore Harbor Dredging Contract Awarded for $31.6M, Boosting Chesapeake Ba... | Department of Defense | $31.6M | N/A |
| Baltimore Harbor Maintenance Dredging Awarded for $26.8M to Cashman Dredging ... | Department of Defense | $26.8M | N/A |
| Army awards $24.35M contract for Jacksonville Harbor dredging, highlighting c... | Department of Defense | $24.4M | N/A |
| Army awards $19.5M dredging contract for New York/New Jersey Harbor Navigatio... | Department of Defense | $19.5M | N/A |
| Naval Station Mayport Dredging Contract Awarded for $8.75M to Cashman Dredging | Department of Defense | $8.8M | N/A |
| Army awards $6.5M dredging contract for New Haven Harbor, highlighting infras... | Department of Defense | $6.5M | N/A |