Bay Marine Boatworks, Inc.

Bay Marine Boatworks, Inc., a for-profit Subchapter S corporation based in Richmond, California, delivers vessel drydock repair, hull preservation, engine maintenance, and marine equipment servicing to federal maritime agencies as a small business prime contractor on 221 total small business set-aside purchase orders. The company competes exclusively under the total small business set-aside category and operates as a subsidiary of Bay Ship & Yacht Co., a larger shipbuilding and repair firm also based in the San Francisco Bay Area.

The vendor's customer concentration is heavily weighted toward the Department of Homeland Security U.S. Coast Guard, which accounts for 134 of 179 awards (81% of the top-customer count) and $11.8 million of the $18.9 million combined potential value across the portfolio. The Department of the Navy Secretary of the Navy places the second-largest share with 14 awards ($2 million), followed by the Bureau of Reclamation (12 awards, $889 thousand), Maritime Administration (12 awards, $814 thousand), and the Naval Reserve Officers Training Corps (7 awards, $206 thousand). The Coast Guard's dominance spans both award volume and dollars, with no meaningful tension between the two rankings. Recent representative work includes a $433 thousand Coast Guard drydock repair for USCG Station Channel Islands (awarded March 17, 2026), a $141 thousand Maritime Administration purchase order for PF-611 KESTREL drydock and repair services (awarded July 21, 2026), and a $130 thousand Bureau of Reclamation maintenance contract for the research vessel Compliance running through April 30, 2029 (awarded May 1, 2026).

Bay Marine Boatworks places task orders under three Coast Guard indefinite delivery contracts: HSCG8509D66B007 (19 task orders, $481 thousand combined potential value), HSCG8507D66BA60 (9 task orders, $285 thousand), and HSCG8509D66B006 (6 task orders, $197 thousand). The vendor's primary NAICS classification is 336611 (Ship Building and Repairing), which covers 210 of 221 awards; secondary classifications include 336612 (Boat Building) for 4 awards and marine equipment repair codes for the remainder. The corresponding PSC codes emphasize maintenance and repair of ships and small craft, with 90 awards under non-nuclear ship repair (west coast) and 78 under non-nuclear ship repair generally.

Activity has declined moderately year over year, dropping from 14 awards in 2022 to 5 awards in 2026. Only four awards (combined potential value $1.1 million) reach ultimate completion inside the next twenty-four months, presenting a modest recompete exposure window. The company has obligated $17.2 million of its $18.9 million combined potential value (91% obligation rate), indicating strong execution across the portfolio. Bay Marine Boatworks received an $875 thousand federal grant from the Maritime Administration's Assistance to Small Shipyards program (July 2022 to July 2024) to acquire a 100-ton marine travellift and 60-ton hydraulic vessel transporter, investments that enhanced its capacity for federal maritime repair and maintenance work. As a subsidiary of a parent company holding a $241 million indefinite delivery contract with the Army's TACOM Life Cycle Management Command for watercraft sustainment services, Bay Marine Boatworks benefits from organizational backing and demonstrated federal maritime expertise, though its own prime portfolio remains confined to total small business set-aside purchase orders across Coast Guard and civilian maritime agencies.