VA Awards $2.8M Parking Lot Contract to Structural Builders, Inc. Under Full and Open Competition

Contract Overview

Contract Amount: $2,829,495 ($2.8M)

Contractor: Structural Builders, Inc.

Awarding Agency: Department of Veterans Affairs

Start Date: 2024-04-15

End Date: 2026-05-13

Contract Duration: 758 days

Daily Burn Rate: $3.7K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 8

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: 508-22-119 FTM CONSTRUCT PARKING LOT

Place of Performance

Location: DECATUR, DEKALB County, GEORGIA, 30033

State: Georgia Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $2.8 million to STRUCTURAL BUILDERS, INC. for work described as: 508-22-119 FTM CONSTRUCT PARKING LOT Key points: 1. Contract value of $2.83M for parking lot construction. 2. Awarded to Structural Builders, Inc. via full and open competition. 3. Potential risk associated with project duration and fixed-price contract. 4. Construction sector spending analysis needed for benchmarking.

Value Assessment

Rating: fair

The contract value of $2.83M for parking lot construction appears reasonable for a project of this scope. However, without specific details on the size and complexity of the parking lot, a definitive assessment is difficult. Benchmarking against similar VA or federal construction projects would provide better insight.

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,' indicating a competitive process was used. This method generally promotes price discovery and can lead to better pricing for the government.

Taxpayer Impact: The competitive nature of the award suggests taxpayers are likely receiving a fair price for the services rendered.

Public Impact

Improved infrastructure at a VA facility. Potential for job creation within the construction sector. Ensures necessary facility upgrades are completed for veterans' access.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Long project duration (758 days) may lead to cost overruns or delays.
Firm Fixed Price contract offers limited flexibility for unforeseen issues.
Lack of small business participation noted.

Positive Signals

Competitive award process likely secured a reasonable price.
Project addresses a clear infrastructure need.

Sector Analysis

This contract falls within the Commercial and Institutional Building Construction sector. Federal spending in this sector can fluctuate based on infrastructure needs and budget allocations. Benchmarking against similar projects is crucial for assessing value.

Small Business Impact

The data indicates that small businesses were not directly involved in this contract award (ss: false, sb: false). Further analysis would be needed to determine if subcontracting opportunities were offered or if there's a broader trend of limited small business participation in similar VA construction contracts.

Oversight & Accountability

The contract was awarded by the Department of Veterans Affairs, suggesting standard federal procurement oversight. The 'GA' status code might indicate specific reporting or oversight requirements related to the contract's performance.

Related Government Programs

Commercial and Institutional Building Construction
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Long project duration.
Firm Fixed Price contract.
No noted small business participation.
Potential for scope creep given the duration.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $2.8 million to STRUCTURAL BUILDERS, INC.. 508-22-119 FTM CONSTRUCT PARKING LOT

Who is the contractor on this award?

The obligated recipient is STRUCTURAL BUILDERS, 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 $2.8 million.

What is the period of performance?

Start: 2024-04-15. End: 2026-05-13.

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

Without detailed project specifications such as the total square footage, number of parking spaces, and materials used, calculating a precise cost per square foot is not possible from the provided data. To assess value, this metric should be compared against industry averages for commercial parking lot construction, considering regional labor and material costs. A higher-than-average cost per square foot could indicate potential overpricing or scope creep.

What are the specific risks associated with the 758-day duration for this parking lot project, and what mitigation strategies are in place?

A 758-day duration for a parking lot project presents risks such as potential weather delays, material price fluctuations, and extended labor costs, all of which could impact the firm fixed price. Mitigation strategies might include detailed scheduling, contingency planning for weather, and proactive material procurement. The government should closely monitor progress and enforce contract terms to manage these risks effectively.

How effectively does the 'Full and Open Competition After Exclusion of Sources' method ensure optimal value and quality for this type of construction project?

This procurement method, while competitive, involves excluding certain sources, which could limit the pool of potential bidders and potentially impact the final price and quality. For a project like parking lot construction, a truly open competition without exclusions is generally preferred to maximize bidder participation and ensure the best value. The effectiveness hinges on whether the exclusion was justified and if sufficient competition still existed.

Industry Classification

NAICS: Construction › Nonresidential Building Construction › Commercial and Institutional Building Construction

Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTY › MAINT, ALTER, REPAIR NONBUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 8

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1478 CENTRAL AVE, ATLANTA, GA, 30344

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

Financial Breakdown

Contract Ceiling: $2,829,495

Exercised Options: $2,829,495

Current Obligation: $2,829,495

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 36C24719D0018

IDV Type: IDC

Timeline