Impacts of the Military Bases in Washington Office of Financial Management June 16, 2005.

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Presentation transcript:

Impacts of the Military Bases in Washington Office of Financial Management June 16, 2005

2 Major Military Installations in Washington There are over 100 military installations in the state

3 Direct Impacts Payroll of uniformed/civilian personnel ($3.74B) Pensions of military retirees ($1.15B) TriCare payments to private providers ($0.12B) Purchases of bases from companies in Washington ($0.53B)

4 Data Sources  Payroll and pensions – bases have provided data  On-base retail purchases will be removed from payroll impact  Contracting – Directorate for Information Operations and Reports (DIOR) database for all DoD contract actions

5 Home and Statewide Sales to DoD Purchasing Offices in WA

6 Total State Impact – Labor Earnings

7 Total County Impact – Labor Earnings

8 Contracts Let by WA Major Bases (FY2003) WA Companies— Sales to DoD $2.9B Sales by WA Co’s. to WA Bases $0.53B Purchases by Bases in WA $1.14B DoD

9 Top 10 WA Suppliers to WA Bases  TODD PACIFIC SHIPYARDS  JOHNSON CONTROLS WORLD SERVICE  RAYTHEON COMPANY  M KENNEDY CO, INC  PEASE CONSTRUCTION, INC  ABSHER CONSTRUCTION CO  COLVILLE TRIBAL SERVICE CORPOR  WADE PERROW CONSTRUCTION, INC  TRITON MARINE CNSTR CORP  JKT/PCL, TRIBAL 8(A) JT VEN

10 Contracts from Washington Bases by County Over half of Washington’s counties have some impact from purchasing practices of bases in the state King County has no major bases, but many specialized construction companies wholesale suppliers, and shipyards working on military vessels

11 Vulnerability- Portion of Gross Receipts from DoD Contracts  44 Firms are completely dependent on DoD (multi- year contracts account for over 100% observations)  Another 66 receive between a quarter and 100% of their revenues from DoD contracts  314 firms are well diversified – less than 25% of revenues from DoD

12 Based-Purchased Products or Services with Low Leakage (FY2004)

13 Based-Purchased Products or Services with High Leakage (FY2004)