DoD's $19.9M LG MACC Contract Awarded to TOMPCO-TRITON, INC for Construction Services
Contract Overview
Contract Amount: $19,892,684 ($19.9M)
Contractor: Tompco- Triton, Inc
Awarding Agency: Department of Defense
Start Date: 2011-09-23
End Date: 2014-09-17
Contract Duration: 1,090 days
Daily Burn Rate: $18.3K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 3
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: LG MACC
Place of Performance
Location: SILVERDALE, KITSAP County, WASHINGTON, 98315
Plain-Language Summary
Department of Defense obligated $19.9 million to TOMPCO- TRITON, INC for work described as: LG MACC Key points: 1. The contract value is $19.9 million, awarded by the Department of the Navy. 2. TOMPCO-TRITON, INC secured the contract through full and open competition. 3. The contract duration is 1090 days, indicating a medium-term project. 4. The primary sector is Commercial and Institutional Building Construction.
Value Assessment
Rating: fair
The contract's value of $19.9 million for construction services appears within a reasonable range for a multi-award contract. Benchmarking against similar large-scale construction projects would provide a more precise assessment of its value.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES,' suggesting a competitive bidding process that aimed to maximize value. This method generally leads to better price discovery and potentially lower costs for the government.
Taxpayer Impact: The competitive nature of the award is positive for taxpayers, as it likely resulted in a more cost-effective outcome compared to non-competitive methods.
Public Impact
This contract supports infrastructure development within the Department of the Navy. The construction services provided will likely impact military readiness and operational capabilities. The award contributes to the commercial and institutional building construction sector.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for cost overruns in large construction projects.
- Dependence on a single contractor for delivery orders.
- Scope creep could increase the final cost.
Positive Signals
- Awarded through full and open competition.
- Fixed-price contract type can control costs.
- Clear start and end dates for project management.
Sector Analysis
The contract falls under Commercial and Institutional Building Construction, a broad sector encompassing various building projects. Spending in this sector by the DoD can fluctuate based on infrastructure needs and modernization efforts.
Small Business Impact
The data does not indicate any specific provisions or set-asides for small businesses in this contract. Further analysis would be needed to determine the extent of small business participation.
Oversight & Accountability
The Department of the Navy is responsible for oversight. The fixed-price nature of the contract provides some cost control, but monitoring performance and delivery orders is crucial for accountability.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Defense Contracting
- Department of the Navy Programs
Risk Flags
- Contract duration is substantial (1090 days).
- Potential for scope creep in construction projects.
- Reliance on a single awardee for multiple delivery orders.
- No explicit mention of small business participation.
Tags
commercial-and-institutional-building-co, department-of-defense, wa, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $19.9 million to TOMPCO- TRITON, INC. LG MACC
Who is the contractor on this award?
The obligated recipient is TOMPCO- TRITON, INC.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Navy).
What is the total obligated amount?
The obligated amount is $19.9 million.
What is the period of performance?
Start: 2011-09-23. End: 2014-09-17.
What is the typical cost range for similar construction projects awarded by the Department of the Navy?
The typical cost range for similar construction projects awarded by the Department of the Navy can vary significantly based on project scope, location, and complexity. However, for large-scale institutional building construction, contracts can range from several million to tens of millions of dollars. Benchmarking this $19.9 million contract against historical data for comparable projects would offer a clearer picture of its cost-effectiveness.
What are the potential risks associated with a fixed-price contract for a multi-year construction project?
Fixed-price contracts for multi-year construction projects carry risks such as potential cost overruns if initial estimates are inaccurate or unforeseen issues arise, leading to reduced profit margins for the contractor or claims for additional compensation. Conversely, contractors may cut corners on quality to maintain profitability. The government risks paying a premium if the contractor's bid was overly conservative.
How effectively does the 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES' method ensure optimal value for taxpayer money in construction contracts?
This method aims to ensure optimal value by allowing all responsible sources to submit bids after an initial exclusion period, fostering competition. It generally leads to better price discovery and innovation compared to sole-source or limited competition. However, the effectiveness relies on clear solicitation requirements, robust evaluation criteria, and the active participation of qualified bidders to drive down costs and improve quality.
Industry Classification
NAICS: Construction › Nonresidential Building Construction › Commercial and Institutional Building Construction
Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTY › MAINT, ALTER, REPAIR BUILDINGS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: N4425508R3003
Offers Received: 3
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 865 6TH ST STE 300, BREMERTON, WA, 98337
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Emerging Small Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, Veteran Owned Business
Financial Breakdown
Contract Ceiling: $19,892,684
Exercised Options: $19,892,684
Current Obligation: $19,892,684
Contract Characteristics
Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: N4425508D3018
IDV Type: IDC
Timeline
Start Date: 2011-09-23
Current End Date: 2014-09-17
Potential End Date: 2014-09-17 00:00:00
Last Modified: 2017-09-13
Other Department of Defense Contracts
- Federal Contract — $51.3B (Humana Government Business Inc)
- Lrip LOT 12 Advance Acquisition Contract — $35.1B (Lockheed Martin Corporation)
- SSN 802 and 803 Long Lead Time Material — $34.7B (Electric Boat Corporation)
- 200204!008532!1700!AF600 !naval AIR Systems Command !N0001902C3002 !A!N! !N! !20011026!20120430!008016958!008016958!834951691!n!lockheed Martin Corporation !lockheed Blvd !fort Worth !tx!76108!27000!439!48!fort Worth !tarrant !texas !+000026000000!n!n!018981928201!ac15!rdte/Aircraft-Eng/Manuf Develop !a1a!airframes and Spares !2ama!jast/Jsf !336411!E! !3! ! ! ! ! !99990909!B! ! !A! !a!n!r!2!002!n!1a!a!n!z! ! !N!C!N! ! ! !a!a!a!a!000!a!c!n! ! ! !Y! !N00019!0001! — $34.2B (Lockheed Martin Corporation)
- KC-X Modernization Program — $32.0B (THE Boeing Company)