This is the standard and the way that is supposed to work. What may be happening is that there may also be a LUT involved, especially if shooting on an Alexa - the ARRI LogC-to-Rec709 transform.
Normally, you should be applying the LUT and CDL information for review materials only, finished shots should not have either baked-in.
The ARRI Look system, is actually based on this - LogC-to-Rec709 transform, followed by CDL values (possibly Printer Lights too).
Those values listed in your example are the default CDL values - no look. If that is all the CDL info that is present in the Avid BIN, then the CDL data was not implemented in the dailies process correctly.
If the DP created CDL values, I would contact them. If perhaps they created ARRI Look files, you can load them into ARRI's LUT creator and export LUTs if you like. OCIO can also take CDL values and burn generic LUTs.
A .CDL file is just an XML document of the values in your example.
Erik