Bay Ship & Yacht Co

Bay Ship & Yacht Co, doing business as Bay Ship & Yacht CO, a small business shipbuilder and repair contractor headquartered in Alameda, California, provides comprehensive maritime maintenance, drydocking, hull preservation, equipment repair, and service life extension services to federal agencies as a prime contractor on 570 awards (100% of recent portfolio). The company competes predominantly under small business set-asides — Total Small Business designations account for the plurality of Coast Guard and civilian agency work — and holds two large indefinite delivery vehicles anchoring its federal footprint: a $241.4 million Army Watercraft Sustainment Maintenance (AWSM) Zone 1 contract and a $211.1 million AWSM Zone 2 (OCONUS) contract, both awarded January 30, 2026, by TACOM Life Cycle Management Command with ceilings running through July 30, 2031.

Bay Ship & Yacht Co's customer concentration is extreme. The top five agencies by potential value account for 91% of combined dollars, led by TACOM (26 awards, $1.18 billion combined potential value), the Coast Guard (214 awards, $133.2 million), NOAA (16 awards, $56.3 million), Army Sustainment Command (19 awards, $32.6 million), and Naval Sea Systems Command (4 awards, $25.1 million). The divergence between award count and dollar value is stark: the Coast Guard dominates volume with 214 awards but contributes only $133.2 million, while TACOM's 26 awards carry $1.18 billion — a reflection of the massive Army watercraft sustainment contracts that structure the company's federal work. Work is performed at the contractor's Alameda and Richmond, California facilities, with subordinate performance at customer locations including Port Angeles, Washington; Benicia, California; and overseas OCONUS locations under the Zone 2 AWSM vehicle.

Capability portfolio centers on ship and vessel repair under NAICS 336611 (Ship Building and Repairing), with 418 of 572 total awards assigned to that code. Concrete recent examples include a $27.7 million TACOM delivery order (September 2025) for programmed drydocking, cleaning, painting, repairs, and modernization of U.S. Army Landing Craft Utility 2023 at Alameda; a $9.5 million TACOM delivery order (June 2025) for programmed repairs to Logistics Support Vessel 7; a $1.77 million Coast Guard definitive contract (September 2026, just awarded) for repair and maintenance of USCGC HAWKSBILL, including topside exterior structure repair, bilge surface cleaning, ASW piping renewal, and deck protector replacement; and an $8.4 million NOAA purchase order (July 2022) for drydock repairs to NOAA Ship RAINIER covering hull structures, machinery systems, electrical systems, and deck equipment. The company also holds a $3.5 million Coast Guard Indefinite Delivery Contract (awarded September 2024, base April 2024–April 2029) for exterior and interior deck preservation maintenance services for West Coast and Hawaii-based cutters.

Activity has grown substantially across the federal portfolio: eight awards in 2022 to twelve in 2025, with 572 total awards in the source spanning from 1990 to September 2026. Six awards (combined potential value $90.8 million) reach ultimate completion within the next twenty-four months and face recompete risk. The two largest AWSM vehicles, valued at $452.5 million combined, run through July 30, 2031, and dominate the company's forward pipeline. Service Contract Inventory data shows SCI-reported invoiced revenue of $9.6 million in FY2022, $17.6 million in FY2023, and $33.8 million in FY2024 — a sharp growth trajectory — across 26.5 FTEs (FY2022), 46.8 FTEs (FY2023), and 98.5 FTEs (FY2024) delivering federal services. On these SCI-reportable prime contracts, median government-paid labor rates ran around $160.92/hr, with 10th percentile rates at $103.37/hr and 90th percentile rates at $417.31/hr; the company self-performed all reported SCI hours with zero subcontractor engagement.

Federal grant activity centers on the Department of Transportation Maritime Administration's Assistance to Small Shipyards program (CFDA 20.814). Bay Ship & Yacht Co has received three project grants: a $388,777 award (August 2025, completion August 2027) for CNC plasma arc and gas cutting equipment acquisition; an $830,380 award (July 2023) for purchase of a 165-ton Grove GRT 9165 crane with 205-foot boom; and an earlier $360,000 grant for related infrastructure. These grants total approximately $1.58 million and fund capital equipment and facility enhancements supporting shipyard operational capacity. The company operates as subcontractor to Marine Ventures International, Inc. on at least two hybrid CPFF/FFP task orders (February and December 2025) for mission support, shipyard repairs, and maintenance of the motor vessel Independence, performing hydraulic modifications and general shipyard services.

Set-aside posture is predominantly Total Small Business across Coast Guard definitive contracts and civilian agency purchase orders, with several awards carrying no set-aside designation when competed full-and-open (Navy, NOAA, and TACOM delivery orders under the large indefinite delivery vehicles). The vendor does not hold position on any GSA GWAC, agency-wide IDIQ, or other parent contract vehicle outside the Army Watercraft Sustainment Maintenance contracts it holds directly.

Full service shipyard with the capability to haul out and repair a variety of vessels. Also has extensive experience performing repairs and restoration on historical vessels.