PSC P300 — Salvage of Marine Vessels: federal contracts

$28.4Mobligated in FY2025

-63.8%change FY2024→FY2025

0open solicitations

11new awards, last 12 months

Buyers by office, new entrants and recompetes in FedSift →

Open solicitations

No open solicitations carry this PSC right now.

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What PSC P300 covers

Description: Salvage of Marine Vessels

Official definition: GSA PSC Manual (PSC April 2025.xlsx), acquisition.gov/psc-manual. Category: Equipment Related Services › Salvage Services.

FY2022$27.7M

FY2023$41.8M

FY2024$78.4M

FY2025$28.4M

FY2026*$741K

FY2027*$-8,404

USASpending.gov contract obligations by federal fiscal year of the action. * A year that ended under 120 days ago is still filling in.

Who is winning new PSC P300 work

Contractors ranked by obligations on awards that started FY2024–FY2027 to date.

Contractor	Obligations	Awards
DONJON MARINE CO., LLC	$79.7M	22
SMIT SINGAPORE PTE LTD	$19.5M	3
SMIT SALVAGE AMERICAS, LLC	$11.0M	8
ATLAS ENVIRONMENTAL CONSULTING, LLC	$259K	1
BIG RIVER SHIPBUILDERS INC	$214K	1
RANDIVE, INC OF NEW JERSEY	$61K	3
REDWOOD SHORE DIVING, INC.	$32K	2
TRESE'S TREATS, LLC	$30K	1
MADISON MARINE CONSTRUCTION AND RECOVERY, LLC	$29K	1
ENTERLINE MARINE SOLUTIONS, LLC	$21K	1

How competitive is PSC P300?

99.5% of obligations on these awards were competed.
0.6% went to small businesses.
The five largest contractors hold 99.8% across 18 contractors.

NAICS codes used on PSC P300 awards

NAICS	Industry	Share
488390	Other Support Activities for Water Transportation	99.4%
562112	Hazardous Waste Collection	0.2%
336611	Ship Building and Repairing	0.2%
561990	All Other Support Services	0.1%
562119	Other Waste Collection	0.1%
488330	Navigational Services to Shipping	0.0%
562910	Remediation Services	0.0%
562998	All Other Miscellaneous Waste Management Services	0.0%

Related PSC codes

R499 Other Professional Services · F108 Hazardous Substance Removal, Cleanup, and Disposal Services and Operational Support · J019 Maint/Repair/Rebuild of Equipment: Ships, Small Craft, Pontoons, and Floating Docks · J020 Maintenance, Repair and Rebuilding of Equipment: Ship and Marine Equipment · 2090 Miscellaneous Ship and Marine Equipment

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