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: ConstructionNonresidential Building ConstructionCommercial and Institutional Building Construction

Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIESCONSTRUCT 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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