DoD's $21.4M Barracks Construction Contract Awarded to MAXFOUR WEITZ
Contract Overview
Contract Amount: $21,417,178 ($21.4M)
Contractor: Maxfour Weitz Joint Venture, LLC
Awarding Agency: Department of Defense
Start Date: 2008-09-30
End Date: 2010-08-27
Contract Duration: 696 days
Daily Burn Rate: $30.8K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 7
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: DESIGN AND CONSTRUCTION BARRACKS FT LEONARD WOOD
Place of Performance
Location: FORT LEONARD WOOD, PULASKI County, MISSOURI, 65473, UNITED STATES OF AMERICA
State: Missouri Government Spending
Plain-Language Summary
Department of Defense obligated $21.4 million to MAXFOUR WEITZ JOINT VENTURE, LLC for work described as: DESIGN AND CONSTRUCTION BARRACKS FT LEONARD WOOD Key points: 1. Contract awarded for barracks design and construction at Fort Leonard Wood. 2. MAXFOUR WEITZ JOINT VENTURE, LLC secured the $21.4 million contract. 3. The contract falls under Commercial and Institutional Building Construction. 4. Awarded by the Department of the Army, this project aims to improve infrastructure.
Value Assessment
Rating: good
The contract value of $21.4 million appears reasonable for a large-scale construction project of this nature. Benchmarking against similar barracks construction contracts would provide a more definitive assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: limited
The competition method was 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES,' indicating a limited competition. This approach may have restricted the pool of potential bidders, potentially impacting price discovery.
Taxpayer Impact: The use of limited competition could lead to higher costs for taxpayers compared to full and open competition, though specific savings or losses are not quantifiable without further analysis.
Public Impact
Military personnel will benefit from improved barracks facilities. Local economy in Missouri may see a boost from construction activities. The project contributes to the overall readiness and living conditions for soldiers.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Limited competition may have reduced cost savings.
- Contract duration of 696 days is substantial.
Positive Signals
- Addresses critical infrastructure needs for the Army.
- Awarded to a joint venture, potentially leveraging diverse expertise.
Sector Analysis
This contract falls within the Construction sector, specifically Commercial and Institutional Building Construction. Spending in this sector is crucial for maintaining and upgrading federal facilities, with benchmarks varying widely based on project scope and location.
Small Business Impact
The contract was awarded to MAXFOUR WEITZ JOINT VENTURE, LLC. Information regarding small business participation within this joint venture is not explicitly provided in the data, warranting further investigation.
Oversight & Accountability
The Department of the Army is responsible for oversight of this contract. Standard procurement regulations and contract management practices are expected to be in place to ensure accountability.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Defense Contracting
- Department of the Army Programs
Risk Flags
- Limited competition may have inflated costs.
- Lack of detail on small business subcontracting.
- Potential for change orders impacting final cost.
- Contract duration is lengthy.
Tags
commercial-and-institutional-building-co, department-of-defense, mo, do, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $21.4 million to MAXFOUR WEITZ JOINT VENTURE, LLC. DESIGN AND CONSTRUCTION BARRACKS FT LEONARD WOOD
Who is the contractor on this award?
The obligated recipient is MAXFOUR WEITZ JOINT VENTURE, LLC.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Army).
What is the total obligated amount?
The obligated amount is $21.4 million.
What is the period of performance?
Start: 2008-09-30. End: 2010-08-27.
What was the rationale for excluding sources in the competition?
The rationale for excluding sources in the competition is not detailed in the provided data. Typically, such exclusions are based on specific technical requirements, past performance, or unique capabilities needed for the project. A review of the solicitation documents would be necessary to understand the precise justification for limiting the competition.
How does the awarded price compare to the original estimate or benchmark for similar projects?
The provided data does not include the original estimate or specific benchmarks for comparison. While the $21.4 million appears substantial, a definitive value assessment requires comparing it against similar barracks construction projects in terms of size, complexity, and location. Without this context, it's difficult to ascertain if the price represents good value.
What are the potential risks associated with the limited competition and firm-fixed-price structure?
The primary risk of limited competition is potentially higher costs due to reduced bidder engagement. A firm-fixed-price contract shifts cost overrun risk to the contractor, which can be beneficial for the government if managed well. However, if the initial pricing was too low or unforeseen issues arise, the contractor might seek change orders, increasing the total cost.
Industry Classification
NAICS: Construction › Nonresidential Building Construction › Commercial and Institutional Building Construction
Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIES › CONSTRUCT NONBUILDING FACILITIES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Solicitation ID: W912DQ06R0050
Offers Received: 7
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 3435 S. INCA, STE C, ENGLEWOOD, CO, 80110
Business Categories: Category Business, Minority Owned Business, Other Minority Owned Business, Small Business, Woman Owned Business
Financial Breakdown
Contract Ceiling: $21,417,178
Exercised Options: $21,417,178
Current Obligation: $21,417,178
Contract Characteristics
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: W912DQ07D0031
IDV Type: IDC
Timeline
Start Date: 2008-09-30
Current End Date: 2010-08-27
Potential End Date: 2010-08-27 00:00:00
Last Modified: 2016-03-21
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