Award NoticePosted May 14, 2025

SROMC LOE Labor Hours Option Year 4

NAVSEA, naval shipyards and surface/undersea warfare centers · NAVSEA HQ

Stage
Awarded
NAICS
336611
Value
$121.9M
Solicitation
P00035
Set-aside
None stated
PSC
J020
Place
San Diego, CA, USA
Contact
William Martin (william.r.martin7@navy.mil)

Materiality: 4.6% of $OII revenue (Medium) SEC

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Where this opportunity stands

Every notice posted under solicitation P00035 in this department, oldest first.

Early notice
None posted
Solicitation
None posted
Award
  • May 14, 2025 · this notice
    Award Notice
    OCEANEERING INTERNATIONAL INC · $121.9M

Next steps for this stage

Standard steps for the notice type; not advice about this buyer.

  • Note the winner and the end of the period of performance for the recompete.
  • Follow the agency to see the next notice for this work.

What the notice says

Oceaneering International, Incorporated (OII) was awarded a Cost-Plus Fixed Fee (CPFF) Level of Effort (LOE) contract modification for the Submarine Rescue and Operation Maintenance Contractor (SROMC). The contractor will provide submarine rescue vehicle maintenance service in San Diego, CA. The contract action was awarded on a sole source basis pursuant to the authority of 10 U.S.C. 3204(a)(1), as implemented in FAR 6.302-1; The supplies or services required are available from only one responsible source and no other supplies or services will satisfy agency requirements. OII is the only known… (show all)

source capable of accomplishing the requirements in the timeframe required. he contract includes CPFF LOE line items for labor efforts and CPFF for other direct costs. Because of the unforeseen events which caused labor hours to be utilized quicker than expected, a CPFF-LOE contract has been determined to be the appropriate contract type for the labor efforts.

Who won similar work

3 award notices on SAM.gov in the last 24 months. Matched by: Same office (NAVSEA HQ), same product/service code (PSC) J020.

Single-winner award sizes (3): middle half $26.9M to $39.3M, median $29.0M; range $24.7M to $49.6M.

WinnerAwardsValueLast
TRIVERUS LLC1$49.6MFeb 27, 2025
ALLIED SYSTEMS COMPANY1$29.0MSep 24, 2026
CALEY OCEAN SYSTEMS LIMITED1$24.7MApr 27, 2026

Value counts single-winner awards. "Shared" awards are multiple-award contracts that list every winner with the same total ceiling; that ceiling is not one company's win, so it is not added in. Revenue next to a ticker is the company's last annual revenue from its 10-K.

Latest awards

Competitive landscape

For the 3 most frequent past winners above. Lobbying is matched by the company's exact name or exact ticker; agencies are as named on the filings.

  • 0 of these past winners lobbied Navy, Dept of or U.S. Marines since 2024 (0 filings)
  • 0 of their lobbyists list a past Navy, Dept of or U.S. Marines job
  • No corporate PAC money from them to the overseeing committees since 2024
  • 0 foreign-agent (FARA) registrations
See who and the source records with Pro

Policy around it

Bills the past winners named while lobbying this agency's issues, rules from the department, and executive orders that name the agency, last 12 months.

  • 0 bills named on the past winners' lobbying filings
  • 32 rules from the department in the last 12 months
  • 0 executive orders naming the agency in the last 12 months
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Market

For past winners matched exactly to a listed company. Insider trades are open-market buys and sells (Form 4) in the last 90 days, shown as facts; our own study found insiders do not reliably buy ahead of awards. A sale marked 10b5-1 was made under a trading plan set up in advance.

  • 0 of the past winners are listed companies
  • 0 insider buys and 0 insider sells at them in the last 90 days
See who and the source records with Pro

Sources: SAM.gov notices and award notices; Senate LDA lobbying filings; FEC filings; FARA; Federal Register; congress.gov; SEC Form 4. Every row above links to its record.

Companies are matched to tickers by exact name only. A company we could not match shows no market rows; that is a miss, not a finding.