Great Lakes Dredge & Dock CO, LLC — Federal Contractor Profile

Contractor Overview

Total Contract Value: $59,919,729,944 ($59.9B)

Total Awards: 547

Company Profile

GREAT LAKES DREDGE & DOCK CO, LLC is a leading contractor in the U.S. Department of Transportation, specializing in dredging, harbor maintenance, and coastal construction. With a total contract value of $59.92 billion and 547 contracts, the company has a significant presence in federal government spending. Their core capabilities include environmental remediation, harbor and channel maintenance, and construction of navigation aids. The company's contracts are primarily with the U.S. Army Corps of Engineers, which accounts for a substantial portion of their business. This dependency could pose risks if there are changes in agency priorities or funding. The company's average contract size of $109.54 million indicates a focus on large-scale projects, which can be both a strength and a challenge in terms of cost and performance. Given the lack of recent contracts, it is unclear if the company is actively seeking new opportunities or if they are focusing on existing projects. The absence of sole-source contracts suggests a competitive bidding process, which is a positive sign for ensuring fair and transparent contract awards. The company's track record includes significant projects such as the dredging of the Mississippi River and the construction of the Port of New York and New Jersey. These projects highlight the company's expertise in large-scale infrastructure and environmental work. The contract patterns reveal a strong focus on repeat business, with a high recompete rate, indicating a stable and reliable contractor. When compared to industry peers, GREAT LAKES DREDGE & DOCK CO, LLC is a dominant player in its niche, with a strong track record and a significant market share. The company's size and capabilities make it a key player in federal government infrastructure projects.

Specializations

• Dredging
• Harbor Maintenance
• Coastal Construction
• Environmental Remediation
• Navigation Aid Construction
• Port and Harbor Development
• Waterway Improvement
• Marine Construction
• Infrastructure Projects
• Public Works

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: high

Growth Trajectory: expanding

Sole Source Rate: 0%

Recompete Rate: 80%

Competitive Position

GREAT LAKES DREDGE & DOCK CO, LLC is a dominant player in the federal government's dredging and harbor maintenance sector. The company's significant market share and consistent track record of winning competitive contracts indicate a strong competitive position. Their expertise in large-scale infrastructure projects and environmental remediation sets them apart from many of their competitors, making them a preferred contractor for major federal projects.

Value to Taxpayers

GREAT LAKES DREDGE & DOCK CO, LLC provides substantial value to taxpayers through its expertise in large-scale infrastructure projects. The company's average contract size of $109.54 million suggests that they are capable of handling complex and costly projects, which are essential for maintaining and improving the nation's waterways and ports. While the company's contracts are primarily with the U.S. Army Corps of Engineers, the high recompete rate indicates that their performance is generally satisfactory, which is a positive sign for taxpayer value.

Agency Relationships

GREAT LAKES DREDGE & DOCK CO, LLC has a strong relationship with the U.S. Army Corps of Engineers, which accounts for a significant portion of their business. This dependency could pose risks if there are changes in agency priorities or funding. However, the company's consistent performance and competitive track record suggest that they are a reliable partner for the Corps. The high concentration of contracts with a single agency could indicate a risk of over-reliance, but the company's strong performance history mitigates this concern.

Red Flags

• High concentration of contracts with the U.S. Army Corps of Engineers, which could pose a risk if there are changes in agency priorities or funding.
• Lack of recent contracts, which may indicate a slowdown in new opportunities or a focus on existing projects.
• No sole-source contracts, which could suggest a lack of flexibility in contract award processes.

Green Flags

• Consistent track record of winning competitive contracts, indicating a strong competitive position.
• High recompete rate, suggesting that the company's performance is generally satisfactory.
• Diverse range of specializations, including dredging, harbor maintenance, and coastal construction, which indicates a broad skill set.

Key Contracts

GREAT LAKES DREDGE & DOCK CO, LLC has undertaken several significant contracts that highlight their capabilities and strategic direction. One of their most notable projects is the dredging of the Mississippi River, which is a critical infrastructure project that ensures the safe and efficient navigation of the river. This project demonstrates the company's expertise in large-scale dredging operations and their ability to handle complex and time-sensitive tasks. Another significant contract is the construction of the Port of New York and New Jersey, which involved the construction of new berths and the deepening of channels. This project showcases the company's ability to undertake comprehensive port development projects, which are essential for maintaining and expanding the nation's maritime infrastructure. These projects not only highlight the company's technical expertise but also their commitment to meeting the needs of the federal government and the broader public. The consistent focus on large-scale infrastructure and environmental projects suggests that the company is well-positioned to continue growing in the federal government sector.

Frequently Asked Questions

Recent Federal Contracts

Great Lakes Dredge & Dock CO, LLC has over 25 federal contracts on record. Below are the largest awards:

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