VA Awards $4.2M Contract for Community Living Center Building 72 to Riley Contracting Group

Contract Overview

Contract Amount: $4,200,183 ($4.2M)

Contractor: Riley Contracting Group, Inc.

Awarding Agency: Department of Veterans Affairs

Start Date: 2024-02-19

End Date: 2026-03-06

Contract Duration: 746 days

Daily Burn Rate: $5.6K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 4

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: BUILD OUT COMMUNITY LIVING CENTER BLDG. 72

Place of Performance

Location: FAYETTEVILLE, CUMBERLAND County, NORTH CAROLINA, 28301

State: North Carolina Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $4.2 million to RILEY CONTRACTING GROUP, INC. for work described as: BUILD OUT COMMUNITY LIVING CENTER BLDG. 72 Key points: 1. Contract awarded for construction of a community living center building. 2. Competition method was 'Full and Open Competition After Exclusion of Sources'. 3. The contract type is Firm Fixed Price. 4. The project duration is 746 days.

Value Assessment

Rating: good

The award amount of $4.2M for a building construction project appears reasonable given the scope. Benchmarking against similar VA construction projects would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The competition method 'Full and Open Competition After Exclusion of Sources' suggests that while open to all, certain sources were initially excluded, potentially limiting the competitive pool and impacting price discovery.

Taxpayer Impact: Taxpayer funds are being used for essential infrastructure development for veterans' living centers.

Public Impact

Enhances living facilities for veterans, improving quality of life. Supports local economy through construction jobs and material sourcing. Potential for long-term cost savings through improved facility efficiency.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Commercial and Institutional Building Construction sector. Spending in this sector is often project-specific and influenced by infrastructure needs and government priorities.

Small Business Impact

The data indicates that small business participation was not a factor in this specific award (sb: false). Further analysis would be needed to determine if subcontracting opportunities exist for small businesses.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract. Standard oversight procedures for construction projects, including progress monitoring and quality control, should be in place.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, department-of-veterans-affairs, nc, definitive-contract, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $4.2 million to RILEY CONTRACTING GROUP, INC.. BUILD OUT COMMUNITY LIVING CENTER BLDG. 72

Who is the contractor on this award?

The obligated recipient is RILEY CONTRACTING GROUP, INC..

Which agency awarded this contract?

Awarding agency: Department of Veterans Affairs (Department of Veterans Affairs).

What is the total obligated amount?

The obligated amount is $4.2 million.

What is the period of performance?

Start: 2024-02-19. End: 2026-03-06.

What is the estimated cost per square foot for this construction project, and how does it compare to industry benchmarks?

The provided data does not include the total square footage of Building 72. Without this information, calculating a cost per square foot is impossible. To assess value, this metric should be compared against similar institutional building construction projects within the region and nationally.

What were the specific reasons for excluding certain sources in the competition process, and did this exclusion impact the final contract price?

The data does not specify the reasons for excluding sources. Typically, exclusions might be due to pre-qualification requirements, past performance issues, or specific technical capabilities. Understanding these reasons is crucial to determine if the limited competition resulted in a less competitive price than a fully open process might have yielded.

What are the key performance indicators (KPIs) for this contract, and how will the VA measure the successful completion and long-term effectiveness of the Community Living Center?

Key performance indicators likely include adherence to construction timelines, budget compliance, quality of materials and workmanship, and meeting all building code and safety standards. Long-term effectiveness will be measured by the facility's operational efficiency, resident satisfaction, and contribution to veteran care outcomes.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionCommercial and Institutional Building Construction

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SEALED BID

Solicitation ID: 36C24623B0045

Offers Received: 4

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Riley Contracting Group Inc.

Address: 219 E. CHATHAM STREET, CARY, NC, 27511

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $4,200,183

Exercised Options: $4,200,183

Current Obligation: $4,200,183

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2024-02-19

Current End Date: 2026-03-06

Potential End Date: 2026-03-06 00:00:00

Last Modified: 2026-03-02

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