Coastal Dredging CO, Inc — Federal Contractor Profile
COASTAL DREDGING CO, INC: $43.1M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $43,135,017 ($43.1M)
Total Awards: 2
Company Profile
COASTAL DREDGING CO, INC is a federal contractor with a total government contract value of $43.1 million, spanning two contracts with an average size of $21,567,508. The company has not secured any recent contracts, indicating a potential slowdown in new business. Given the lack of detailed information on specific agencies and contract types, it is challenging to assess the company's core capabilities and dependency patterns. The absence of sole-source and competitive contracts suggests that the company may be relying on established relationships rather than actively seeking new business opportunities. Without more data, it is difficult to provide a comprehensive analysis of their track record, notable projects, and performance history. However, the company's size and the nature of their contracts suggest they are involved in significant infrastructure projects, likely related to dredging and related maritime activities. The lack of recent contracts and the absence of specific agency clients indicate a need for further investigation into their business strategy and market position.
Specializations
- Dredging
- Maritime Infrastructure
- Environmental Remediation
- Coastal Engineering
- Port and Harbor Maintenance
- Wetland Restoration
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: Stable (no recent contracts)
Sole Source Rate: 100%
Recompete Rate: 0% (no recompete/renewal contracts)
Competitive Position
COASTAL DREDGING CO, INC appears to be a niche player in the maritime infrastructure sector, focusing on dredging and related services. The company's reliance on sole-source contracts suggests a strong relationship with specific clients, possibly due to their specialized expertise. However, the lack of recent contracts and the absence of competitive wins indicate that the company may be facing challenges in securing new business opportunities, which could be a concern for their long-term sustainability.
Value to Taxpayers
Given the company's sole-source contracts and the absence of recent activity, it is difficult to assess whether COASTAL DREDGING CO, INC provides good value for taxpayer money. The company's size and the nature of their contracts suggest they are involved in significant infrastructure projects, which are essential for maintaining and improving maritime facilities. However, the lack of competitive bids and the absence of recent contracts raise questions about the efficiency and cost-effectiveness of their operations.
Agency Relationships
Without specific agency clients, it is challenging to assess the extent of COASTAL DREDGING CO, INC's dependency on any particular agency. The lack of recent contracts and the absence of competitive bids suggest that the company may be relying on established relationships rather than actively seeking new business opportunities. This could pose a risk if the company's primary clients experience budget constraints or shift their focus to other contractors.
Red Flags
- Lack of recent contracts: Indicates potential challenges in securing new business opportunities.
- 100% sole-source contracts: Suggests a lack of competitive bidding, which could lead to higher costs for taxpayers.
- No specific agency clients: Indicates a lack of diversification in their client base, which could pose dependency risks.
Green Flags
- Significant contract value: Indicates the company's involvement in substantial infrastructure projects.
- Specialized expertise: The company's focus on dredging and maritime infrastructure suggests a strong niche in the market.
- No competitive contracts: Suggests a strong relationship with specific clients, potentially leading to more stable business.
Key Contracts
COASTAL DREDGING CO, INC has secured two contracts with a total value of $43.1 million, each averaging $21,567,508. While the company has not secured any recent contracts, these significant contracts suggest that they are involved in major maritime infrastructure projects, likely related to dredging and port maintenance. The absence of competitive bids and the reliance on sole-source contracts indicate a strong relationship with specific clients, possibly due to their specialized expertise. However, the lack of recent activity and the absence of specific agency clients raise concerns about the company's ability to secure new business opportunities and maintain a diverse client base. These contracts reveal that the company is a key player in the maritime infrastructure sector, but the lack of recent activity and the absence of competitive bids suggest that they may be facing challenges in sustaining their business.
Frequently Asked Questions
What does COASTAL DREDGING CO, INC do for the federal government?
COASTAL DREDGING CO, INC specializes in dredging and related maritime infrastructure projects, including port and harbor maintenance, wetland restoration, and environmental remediation. Their services are crucial for maintaining and improving maritime facilities, ensuring safe and efficient navigation, and supporting coastal and marine ecosystems.
How much taxpayer money does COASTAL DREDGING CO, INC receive?
COASTAL DREDGING CO, INC has secured a total of $43.1 million in federal contracts, with an average contract size of $21,567,508. The company has not secured any recent contracts, indicating a potential slowdown in new business opportunities. The significant contract value suggests that the company is involved in substantial infrastructure projects, which are essential for maintaining and improving maritime facilities.
Is COASTAL DREDGING CO, INC good value for taxpayer money?
Given the company's sole-source contracts and the absence of recent activity, it is difficult to assess whether COASTAL DREDGING CO, INC provides good value for taxpayer money. The company's size and the nature of their contracts suggest they are involved in significant infrastructure projects, which are essential for maintaining and improving maritime facilities. However, the lack of competitive bids and the absence of recent contracts raise questions about the efficiency and cost-effectiveness of their operations. Further investigation into their performance and cost structures would be necessary to make a more informed assessment.
How does COASTAL DREDGING CO, INC win its contracts?
COASTAL DREDGING CO, INC has won its contracts through sole-source procurement, indicating a strong relationship with specific clients. The company's specialized expertise in dredging and maritime infrastructure likely plays a significant role in securing these contracts. However, the lack of competitive bids suggests that the company may be facing challenges in securing new business opportunities and maintaining a diverse client base.
What agencies use COASTAL DREDGING CO, INC most?
Without specific agency clients, it is challenging to determine which agencies rely most on COASTAL DREDGING CO, INC. The company's lack of recent contracts and the absence of competitive bids suggest that they may be relying on established relationships rather than actively seeking new business opportunities. This could pose a risk if the company's primary clients experience budget constraints or shift their focus to other contractors.
What are the risks of relying on COASTAL DREDGING CO, INC?
The risks of relying on COASTAL DREDGING CO, INC include the potential for higher costs due to the lack of competitive bidding, the absence of recent contracts indicating challenges in securing new business opportunities, and the lack of specific agency clients, which could pose dependency risks. The company's strong relationship with specific clients may lead to a lack of diversification in their client base, which could be a concern if those clients experience budget constraints or shift their focus to other contractors.
How does COASTAL DREDGING CO, INC compare to similar contractors?
COASTAL DREDGING CO, INC appears to be a niche player in the maritime infrastructure sector, focusing on dredging and related services. The company's reliance on sole-source contracts suggests a strong relationship with specific clients, possibly due to their specialized expertise. However, the lack of recent contracts and the absence of competitive bids indicate that the company may be facing challenges in securing new business opportunities, which could be a concern for their long-term sustainability. In comparison to industry peers, COASTAL DREDGING CO, INC may be more focused on maintaining existing relationships rather than actively seeking new business opportunities, which could limit their growth potential.
Recent Federal Contracts
Coastal Dredging CO, Inc has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Coastal Dredging Inc. awarded $21.6M for Louisiana shoreline protection, exce... | Department of Agriculture | $21.6M | N/A |