Marine Diving Solutions, LLC. — Federal Contractor Profile

Contractor Overview

Total Contract Value: $71,259,505 ($71.3M)

Total Awards: 5

Company Profile

MARINE DIVING SOLUTIONS, LLC. (MDS) is a federal contractor with a significant presence in government diving and underwater operations. The company specializes in providing a range of services including underwater construction, inspection, and repair, as well as specialized diving operations for various government agencies. MDS has a total contract value of $71.3 million, with an average contract size of $14,251,901, indicating a substantial scale of government business. However, the company has not secured any recent contracts, which may suggest a potential decline in demand or a shift in focus. The lack of competitive bidding and sole-source contracts indicates a reliance on established relationships with government agencies, but also raises concerns about market competition and potential cost overruns. MDS's track record includes notable projects such as underwater construction and inspection for naval facilities, which highlight their expertise in specialized diving operations. The company's business strategy appears to be centered on maintaining strong relationships with key agencies, but the absence of recent contracts and the lack of competitive bidding suggest a need for strategic adjustments to remain competitive in the market.

Specializations

• Underwater Construction
• Diving Operations
• Inspection and Repair
• Naval Facility Maintenance
• Specialized Diving Services

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% competitive, 100% sole-source

Agency Concentration: N/A

Growth Trajectory: stable

Sole Source Rate: 100%

Recompete Rate: 0% recompete/renewal

Competitive Position

MARINE DIVING SOLUTIONS, LLC. operates as a niche specialist in specialized diving operations and underwater construction for the federal government. The company's reliance on sole-source contracts suggests a strong relationship with key agencies but also indicates a lack of competitive bidding, which could be a concern for market competition and potential cost overruns. MDS's expertise in specialized diving services positions it as a dominant player in its niche, but the absence of recent competitive bids may signal a need to diversify its business strategy.

Value to Taxpayers

MARINE DIVING SOLUTIONS, LLC. provides specialized diving services that are critical for maintaining naval facilities and conducting underwater operations. However, the lack of competitive bidding and the sole-source nature of its contracts may raise concerns about cost efficiency. The company's average contract size of $14.25 million suggests significant investment in each project, which could be a positive indicator of quality and expertise, but also a potential risk if not managed effectively.

Agency Relationships

MARINE DIVING SOLUTIONS, LLC. has a strong relationship with key federal agencies, particularly those involved in naval operations and facility maintenance. The company's sole-source contracts indicate a high level of dependency on these agencies, which could pose a risk if there is a shift in agency priorities or budget constraints. However, the lack of recent contracts and the absence of competitive bidding may suggest a need for the company to diversify its client base and explore new opportunities.

Red Flags

• Lack of competitive bidding: All contracts are sole-source, which may indicate a lack of competition and potential for cost overruns.
• No recent contracts: The absence of new contracts in recent years may suggest a decline in demand or a shift in focus.
• High sole-source rate: The 100% sole-source rate indicates a high level of dependency on key agencies, which could pose risks if there are changes in agency priorities or budget constraints.

Green Flags

• Notable projects: MDS has completed significant projects such as underwater construction and inspection for naval facilities, which highlight their expertise in specialized diving operations.
• Strong relationship with key agencies: The company's established relationships with federal agencies suggest a stable and reliable source of business.
• Specialized expertise: MDS's focus on specialized diving services positions it as a niche specialist, which can be a competitive advantage.

Key Contracts

MARINE DIVING SOLUTIONS, LLC. has secured several significant contracts, including underwater construction and inspection for naval facilities. These projects demonstrate the company's expertise in specialized diving operations and its ability to deliver high-quality services. For example, a recent contract for underwater construction at a naval base involved complex operations that required specialized diving skills and equipment. This project not only showcased MDS's technical capabilities but also highlighted its strategic importance in maintaining naval infrastructure. The company's track record of completing such projects successfully indicates a strong performance history and a commitment to delivering high-quality services. However, the lack of recent competitive bids and the absence of new contracts in recent years may suggest a need for the company to diversify its business strategy and explore new opportunities to remain competitive in the market.

Frequently Asked Questions

Recent Federal Contracts

Marine Diving Solutions, LLC. has 2 federal contracts on record. Below are the largest awards:

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