Army Awards $28.9M for Herbert Hoover Dike Cutoff Wall to Bauer Foundation Corp

Contract Overview

Contract Amount: $28,892,526 ($28.9M)

Contractor: Bauer Foundation Corp

Awarding Agency: Department of Defense

Start Date: 2008-05-22

End Date: 2011-02-11

Contract Duration: 995 days

Daily Burn Rate: $29.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: HERBERT HOOVER DIKE CUTOFF WALL

Place of Performance

Location: CLEWISTON, HENDRY County, FLORIDA, 33440

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $28.9 million to BAUER FOUNDATION CORP for work described as: HERBERT HOOVER DIKE CUTOFF WALL Key points: 1. Spending on the Herbert Hoover Dike Cutoff Wall project reached $28.9 million. 2. Bauer Foundation Corp was awarded the contract. 3. The contract was awarded under full and open competition. 4. The project falls under the 'Other Heavy and Civil Engineering Construction' sector.

Value Assessment

Rating: good

The awarded amount of $28.9 million appears reasonable given the scope of a major dike cutoff wall construction. Benchmarking against similar large-scale civil engineering projects would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, suggesting a robust price discovery process. This method typically leads to competitive pricing as multiple bidders vie for the contract.

Taxpayer Impact: Full and open competition generally ensures taxpayer funds are used efficiently by driving down costs through market forces.

Public Impact

Enhances the structural integrity and safety of the Herbert Hoover Dike. Contributes to flood risk reduction for surrounding communities. Supports critical infrastructure maintenance and improvement efforts.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Positive Signals

Full and open competition utilized
Clear project objective for infrastructure improvement

Sector Analysis

This project falls within the heavy and civil engineering construction sector, which involves large-scale infrastructure development. Spending benchmarks for similar dike or levee reinforcement projects would be relevant for comparison.

Small Business Impact

The data indicates that small businesses were not directly awarded this contract, as it went to Bauer Foundation Corp. Further analysis would be needed to determine if small businesses participated as subcontractors.

Oversight & Accountability

The Department of the Army, under the Department of Defense, is responsible for overseeing this contract. Standard procurement oversight processes should be in place to ensure project completion and adherence to contract terms.

Related Government Programs

Other Heavy and Civil Engineering Construction
Department of Defense Contracting
Department of the Army Programs

Risk Flags

Lack of detailed cost breakdown
Absence of performance metrics
No information on potential environmental impacts

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $28.9 million to BAUER FOUNDATION CORP. HERBERT HOOVER DIKE CUTOFF WALL

Who is the contractor on this award?

The obligated recipient is BAUER FOUNDATION CORP.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Army).

What is the total obligated amount?

The obligated amount is $28.9 million.

What is the period of performance?

Start: 2008-05-22. End: 2011-02-11.

What was the initial estimated cost versus the final awarded cost?

The provided data does not include the initial estimated cost. The final awarded amount is $28,892,525.53. A comparison between the estimate and the final award would reveal potential cost efficiencies or overruns during the procurement process.

Were there any performance issues or contract modifications during the project lifecycle?

The data does not detail performance issues or contract modifications. Information on project execution, change orders, and contractor performance would be necessary to assess the overall effectiveness and identify any potential risks encountered during the contract period.

How does the per-unit cost of this project compare to similar dike construction projects?

A specific per-unit cost benchmark is not available without more detailed project specifications and comparable contract data. The total contract value of $28.9 million for a cutoff wall suggests a significant investment, and its cost-effectiveness is best evaluated against similar large-scale civil engineering undertakings.

Industry Classification

NAICS: Construction › Other Heavy and Civil Engineering Construction › Other Heavy and Civil Engineering Construction

Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTY › MAINT, ALTER, REPAIR NONBUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: W912EP07R0006

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Bauer AG (UEI: 312613391)

Address: 13203 BYRD LEGG DR, ODESSA, FL, 33556

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $28,892,526

Exercised Options: $28,892,526

Current Obligation: $28,892,526

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: W912EP07D0011

IDV Type: IDC

Timeline