Commerce Awards $2.35M for NIST Building Construction to Olgoonik Specialty Contractors

Contract Overview

Contract Amount: $2,354,401 ($2.4M)

Contractor: Olgoonik Specialty Contractors, LLC

Awarding Agency: Department of Commerce

Start Date: 2024-05-29

End Date: 2026-08-03

Contract Duration: 796 days

Daily Burn Rate: $3.0K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: B1W2 SPINE 3 CONSTRUCTION RENOVATIONS

Place of Performance

Location: BOULDER, BOULDER County, COLORADO, 80305

State: Colorado Government Spending

Plain-Language Summary

Department of Commerce obligated $2.4 million to OLGOONIK SPECIALTY CONTRACTORS, LLC for work described as: B1W2 SPINE 3 CONSTRUCTION RENOVATIONS Key points: 1. Spending is concentrated with a single contractor, Olgoonik Specialty Contractors, LLC. 2. The contract is for commercial and institutional building construction, a broad sector. 3. The award value is $2,354,400.89 over a period of 796 days. 4. No specific performance metrics or detailed scope were provided in the data.

Value Assessment

Rating: questionable

The contract is a firm fixed price award. Without detailed scope or comparable project data, assessing value for money is difficult. The lack of a Public Law 114-264 (Construction) or similar benchmark makes direct comparison challenging.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was not available for competition, suggesting a limited competition approach. This limits price discovery and potentially increases costs for taxpayers. The specific justification for limited competition is not provided.

Taxpayer Impact: The lack of competition may lead to higher costs than a fully competitive process, impacting taxpayer value.

Public Impact

Construction projects can have significant local economic impacts, creating jobs and supporting supply chains. Renovation projects can improve facility efficiency and safety, benefiting users. The specific location in Colorado may see direct economic benefits from this contract.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Limited competition
  • Lack of detailed scope
  • No performance metrics provided

Positive Signals

  • Firm fixed price contract type
  • Definitive contract award

Sector Analysis

This contract falls under the Commercial and Institutional Building Construction sector. Benchmarks for this sector can vary widely based on project type, size, and location. The award value appears moderate for a construction project of this duration.

Small Business Impact

The data indicates that small business participation is not explicitly mentioned or tracked in this award. Further investigation would be needed to determine if small businesses were involved as subcontractors or if the prime contractor is a small business.

Oversight & Accountability

The award is a definitive contract, suggesting it has undergone some level of review. However, the limited competition and lack of detailed scope raise questions about the thoroughness of oversight regarding value and necessity.

Related Government Programs

  • Commercial and Institutional Building Construction
  • Department of Commerce Contracting
  • National Institute of Standards and Technology Programs

Risk Flags

  • Limited competition raises concerns about potential overpricing.
  • Lack of detailed scope hinders value assessment.
  • Absence of performance metrics impacts accountability.
  • No clear indication of small business utilization.

Tags

commercial-and-institutional-building-co, department-of-commerce, co, definitive-contract, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Commerce awarded $2.4 million to OLGOONIK SPECIALTY CONTRACTORS, LLC. B1W2 SPINE 3 CONSTRUCTION RENOVATIONS

Who is the contractor on this award?

The obligated recipient is OLGOONIK SPECIALTY CONTRACTORS, LLC.

Which agency awarded this contract?

Awarding agency: Department of Commerce (National Institute of Standards and Technology).

What is the total obligated amount?

The obligated amount is $2.4 million.

What is the period of performance?

Start: 2024-05-29. End: 2026-08-03.

What is the specific scope of work for these construction renovations, and how does it align with NIST's mission and needs?

The provided data lacks a detailed scope of work for the B1W2 SPINE 3 CONSTRUCTION RENOVATIONS. Understanding the specific renovations, such as structural upgrades, system modernizations, or aesthetic improvements, is crucial to assess alignment with NIST's operational requirements and strategic goals. Without this information, it's difficult to determine the project's necessity and potential impact.

What was the justification for awarding this contract on a limited competition basis, and were alternative approaches considered?

The data states the contract was 'NOT AVAILABLE FOR COMPETITION,' indicating a limited competition approach. The specific justification for this limitation is not provided. Typically, such justifications include sole-source needs, urgent requirements, or specific capabilities. Understanding the rationale is key to assessing if the government adequately explored options to maximize competition and achieve better pricing.

How will the effectiveness and success of this construction renovation project be measured and evaluated?

The provided data does not include any metrics or key performance indicators (KPIs) for evaluating the effectiveness or success of the construction renovations. A robust oversight plan should define measurable outcomes, such as adherence to schedule, budget, quality standards, and post-completion facility performance. Without these, accountability for project delivery and taxpayer value is diminished.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionCommercial and Institutional Building Construction

Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTYMAINT, ALTER, REPAIR BUILDINGS

Competition & Pricing

Extent Competed: NOT AVAILABLE FOR COMPETITION

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 5055 MARK DABLING BLVD, COLORADO SPRINGS, CO, 80918

Business Categories: Alaskan Native Corporation Owned Firm, Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Minority Owned Business, Native American Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $2,410,243

Exercised Options: $2,354,401

Current Obligation: $2,354,401

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline

Start Date: 2024-05-29

Current End Date: 2026-08-03

Potential End Date: 2026-08-03 00:00:00

Last Modified: 2026-01-30

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