VA awards $6.3M contract for fuel tank testing and analysis to Gold Wave Inc

Contract Overview

Contract Amount: $6,334 ($6.3K)

Contractor: Gold Wave Inc

Awarding Agency: Department of Veterans Affairs

Start Date: 2026-03-31

End Date: 2027-03-30

Contract Duration: 364 days

Daily Burn Rate: $17/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: TVHS FUEL TANK TESTING/ANALYSIS

Place of Performance

Location: NASHVILLE, DAVIDSON County, TENNESSEE, 37212

State: Tennessee Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $6,334 to GOLD WAVE INC for work described as: TVHS FUEL TANK TESTING/ANALYSIS Key points: 1. Contract awarded for remediation services, specifically fuel tank testing. 2. Gold Wave Inc. is the contractor for this $6.3 million award. 3. The Department of Veterans Affairs is the contracting agency. 4. The contract duration is one year, ending March 30, 2027.

Value Assessment

Rating: fair

The contract value of $6.3 million for a one-year remediation services contract appears within a reasonable range for specialized testing and analysis. Benchmarking against similar environmental remediation contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was competed under Simplified Acquisition Procedures (SAP), suggesting limited competition. While SAP aims for efficiency, it may not always yield the lowest price compared to full and open competition.

Taxpayer Impact: Taxpayer funds are being used for essential environmental services to ensure facility safety and compliance.

Public Impact

Ensures safety and environmental compliance at VA facilities. Supports the operational readiness of VA healthcare infrastructure. Provides specialized technical services for critical infrastructure maintenance.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition due to SAP.
Potential for higher costs under SAP.
Contract duration may not align with long-term needs.

Positive Signals

Addresses critical environmental and safety needs.
Supports VA facility maintenance.
Utilizes specialized remediation services.

Sector Analysis

This contract falls under environmental remediation services, a niche sector focused on addressing contamination and ensuring compliance. Spending in this sector can vary significantly based on regulatory requirements and the age/condition of facilities.

Small Business Impact

The data does not indicate whether small businesses were involved in this procurement, either as prime contractors or subcontractors. Further analysis would be needed to determine small business participation.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract to ensure timely and effective completion of fuel tank testing and analysis services.

Related Government Programs

Remediation Services
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Limited competition
Potential for price inefficiency
Contract duration
Lack of small business participation data

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $6,334 to GOLD WAVE INC. TVHS FUEL TANK TESTING/ANALYSIS

Who is the contractor on this award?

The obligated recipient is GOLD WAVE 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 $6,334.

What is the period of performance?

Start: 2026-03-31. End: 2027-03-30.

What is the specific scope of 'fuel tank testing/analysis' and how does it contribute to VA facility maintenance?

The 'fuel tank testing/analysis' likely involves assessing the integrity, safety, and environmental compliance of fuel storage tanks at VA facilities. This includes checking for leaks, structural soundness, and adherence to environmental regulations. It's crucial for preventing environmental damage, ensuring fuel availability for critical operations, and maintaining compliance with safety standards, thereby supporting the overall maintenance and operational readiness of VA healthcare infrastructure.

What are the risks associated with limited competition under SAP for this type of specialized service?

Limited competition under SAP increases the risk of paying a higher price than might be achieved through broader competition. It can also limit the pool of potential contractors, potentially excluding highly qualified firms. For specialized services like fuel tank analysis, where expertise is key, ensuring adequate competition within the SAP framework is vital to balance efficiency with cost-effectiveness and access to the best available talent.

How effective is this contract in ensuring long-term fuel tank integrity and environmental safety for the VA?

The effectiveness hinges on the thoroughness of the testing and analysis performed, the quality of the remediation recommendations, and the VA's subsequent actions. A one-year contract may be sufficient for routine checks, but long-term integrity requires a sustained program. If this contract is part of a broader, proactive maintenance strategy, it contributes significantly to environmental safety. However, if it's an isolated event, its long-term impact might be limited.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation Services › Remediation and Other Waste Management Services › Remediation Services

Product/Service Code: QUALITY CONTROL, TEST, INSPECTION › QUALITY CONTROL SERVICES

Competition & Pricing

Extent Competed: COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Solicitation ID: 36C24926Q0083

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1930 72ND ST, DARIEN, IL, 60561

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, Woman Owned Business, Women Owned Small Business

Financial Breakdown

Contract Ceiling: $39,026

Exercised Options: $39,026

Current Obligation: $6,334

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Timeline