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Department of Homeland Security Awarded a Contract to FAIRLEAD BOATWORKS, INC. for $2,778,250.56

Signed on

1/12/2024, 12:00 AM

FAIRLEAD BOATWORKS, INC. Government Contract #70Z08024DMECP0001

FAIRLEAD BOATWORKS, INC. was awarded a contract with the United States Government for $2,778,250.56. The contract was awarded by the agency office SFLC PROCUREMENT BRANCH 1(00080), which is a division with the U.S. Coast Guard within the Department of Homeland Security.

Summary of Award

The recipient of the federal contract is Fairlead Boatworks, Inc., a small business based in Virginia that specializes in ship building and repairing. The contract, funded by the Department of Homeland Security through the U.S. Coast Guard, is for USCG SFLC MEC Insulation Repairs for 210 & 270 USCGC on an indefinite delivery/indefinite quantity basis, worth $2,778,250.56. Notable transactions include three modifications with no monetary transactions documented.

Contract Details

Contract ID70Z08024DMECP0001
Contract TypeIDV_B_B
Total Obligation$0.00
Exercised Options
Base Amount + Options$2,778,250.56
Date Signed2024-01-12
Contract DescriptionUSCG SFLC MEC INSULATION REPAIRS FOR 210 & 270 USCGC IDIQ.
Start Date2024-01-16
End Date2029-01-15

Agency Details

Awarding AgencyDepartment of Homeland Security
Awarding Sub AgencyU.S. Coast Guard
Awarding OfficeSFLC PROCUREMENT BRANCH 1(00080)
Funding AgencyDepartment of Homeland Security
Funding Sub AgencyU.S. Coast Guard
Funding OfficeDEPUTY COMDT 4 MISSION SUPP WASH DC

Recipient Details

RecipientFAIRLEAD BOATWORKS, INC.
Recipient Location99 JEFFERSON AVE NEWPORT NEWS VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Comments

Award Transactions

Transaction #P00002 | $0.00May 13, 2026

U.S. Coast Guard, a sub agency of Department of Homeland Security, issued a payment of $0.00 to FAIRLEAD BOATWORKS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $0.00March 4, 2026

U.S. Coast Guard, a sub agency of Department of Homeland Security, issued a payment of $0.00 to FAIRLEAD BOATWORKS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $0.00January 12, 2024

U.S. Coast Guard, a sub agency of Department of Homeland Security, issued a payment of $0.00 to FAIRLEAD BOATWORKS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.