Bay Marine Boatworks, Inc.

Bay Marine Boatworks, Inc., a small business subchapter S corporation based in Richmond, California, delivers drydock repair, hull preservation, and vessel maintenance services to federal maritime agencies as a prime contractor exclusively under total small business set-aside awards. The company competes entirely under set-asides — 100% of its 222 federal awards carry small business designations — and operates with no subcontract footprint; it holds no parent contract vehicles and functions as a direct prime to federal agencies.

Bay Marine Boatworks' customer concentration is extreme and anchored to the U.S. Coast Guard. The Coast Guard accounts for 135 awards (61% of the portfolio) and $12.2 million in combined potential value (63% of total), across three primary IDIQs: HSCG8509D66B007 (19 task orders, $481 thousand), HSCG8507D66BA60 (9 task orders, $285 thousand), and HSCG8509D66B006 (6 task orders, $197 thousand). The next four customer agencies—the Department of the Navy Secretary of the Navy ($2 million across 14 awards), the Department of the Army Corps of Engineers ($1.2 million from a single award), the Bureau of Reclamation ($917 thousand across 12 awards), and the Maritime Administration ($834 thousand across 12 awards)—together account for the remaining dollars, but the Navy and MARAD work comes in small and episodic awards for specialized vessel maintenance. The portfolio is 88% obligated against combined potential value, indicating stable execution. Work is performed at facilities in Richmond, Benicia, Antioch, and Tacoma, with administrative oversight in Northern California.

The vendor's capability footprint is narrowly specialized in ship and small-craft repair: hull hauling and surface preparation (grit blasting, sanding, coating, anode renewal), general welding and ultrasonic testing, engine and jet-drive servicing and removal/installation, hull inspection and preservation, sea-valve and piping work, electrical isolation, and sea trials. Recent representative awards include $518.6 million for comprehensive drydock repairs on USCG Station Los Angeles/Long Beach (March 2026), $443.3 thousand for drydock repairs at USCG Station Channel Islands in Tacoma (March 2026), $428.2 thousand for drydock repairs on USCG Station San Francisco (July 2026), $161.5 thousand for PF-611 KESTREL drydock and hull preservation with Maritime Administration (July 2026), and $158.8 thousand for three-year comprehensive maintenance on the Bureau of Reclamation research vessel Compliance (May 2026). The NAICS concentration is overwhelming: 211 of 222 awards fall under Ship Building and Repairing (NAICS 336611), with four awards in Boat Building and three in equipment repair.

Activity has declined sharply. The vendor received 14 awards in 2022, 12 in 2023, 7 in 2024, 7 in 2025, and only 6 in 2026 year-to-date. Combined potential value across the active footprint stands at $19.4 million. Within the next twenty-four months, only 2 awards (combined potential value $590 thousand) reach ultimate completion, creating minimal recompete exposure in the near term. The vendor also holds a $875.968 thousand federal grant from the Maritime Administration's Assistance to Small Shipyards program (July 2022 through July 2024) for acquisition of a 100-ton marine travellift and 60-ton hydraulic vessel transporter, demonstrating federal investment in the vendor's infrastructure capacity. Bay Marine Boatworks is registered in SAM since 2005 and operates as a subsidiary of Bay Ship & Yacht Co., a parent company that holds substantial federal contract vehicles including a $529 million Army Watercraft Sustainment Maintenance contract and a $241 million TACOM indefinite delivery contract for watercraft sustainment services.