State Department Parking Garage Contract Awarded for $39M to PEM-HARKINS JV LLP

Contract Overview

Contract Amount: $38,993,151 ($39.0M)

Contractor: Pem-Harkins JV LLP

Awarding Agency: General Services Administration

Start Date: 2020-02-14

End Date: 2021-09-25

Contract Duration: 589 days

Daily Burn Rate: $66.2K/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: DEPARTMENT OF STATE PARKING STRUCTURE, CHARLESTON SC

Place of Performance

Location: NORTH CHARLESTON, CHARLESTON County, SOUTH CAROLINA, 29405

State: South Carolina Government Spending

Plain-Language Summary

General Services Administration obligated $39.0 million to PEM-HARKINS JV LLP for work described as: DEPARTMENT OF STATE PARKING STRUCTURE, CHARLESTON SC Key points: 1. Contract awarded to PEM-HARKINS JV LLP for $38.99M. 2. Competition method was 'Full and Open Competition After Exclusion of Sources'. 3. The contract type is a Firm Fixed Price Definitive Contract. 4. Project duration was 589 days. 5. The project falls under Commercial and Institutional Building Construction NAICS code 236220.

Value Assessment

Rating: fair

The contract value of $38.99M for a parking structure appears within a reasonable range for a project of this scale. Benchmarking against similar federal construction projects would provide a more definitive assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The competition method 'Full and Open Competition After Exclusion of Sources' suggests some limitations on the bidding pool, which could potentially impact price discovery. Further details on the exclusion criteria are needed for a complete assessment.

Taxpayer Impact: The final price of $38.99M represents taxpayer investment in federal infrastructure. The effectiveness of the competition method in securing the best value is a key consideration for taxpayer impact.

Public Impact

Construction of a new parking facility for the Department of State. Potential impact on local traffic and community during construction. Enhancement of federal facility infrastructure in Charleston, SC.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition method may have affected price.
Lack of detailed cost breakdown for assessment.

Positive Signals

Firm Fixed Price contract provides cost certainty.
Project completed within a defined timeframe.

Sector Analysis

This project falls under the Commercial and Institutional Building Construction sector. Federal spending in this sector can vary significantly based on infrastructure needs and economic conditions. The $39M award is a substantial but not extraordinary sum for a significant construction project.

Small Business Impact

The data indicates the prime contractor is PEM-HARKINS JV LLP. There is no explicit information regarding small business participation in this contract, which warrants further investigation to ensure compliance with small business utilization goals.

Oversight & Accountability

The General Services Administration (GSA) oversaw this contract. Oversight would typically involve monitoring project progress, quality, and adherence to contract terms to ensure accountability and taxpayer value.

Related Government Programs

Commercial and Institutional Building Construction
General Services Administration Contracting
Public Buildings Service Programs

Risk Flags

Limited competition method.
Lack of transparency on source exclusion criteria.
No explicit small business participation data.
Potential for price inflation due to limited competition.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $39.0 million to PEM-HARKINS JV LLP. DEPARTMENT OF STATE PARKING STRUCTURE, CHARLESTON SC

Who is the contractor on this award?

The obligated recipient is PEM-HARKINS JV LLP.

Which agency awarded this contract?

Awarding agency: General Services Administration (Public Buildings Service).

What is the total obligated amount?

The obligated amount is $39.0 million.

What is the period of performance?

Start: 2020-02-14. End: 2021-09-25.

What specific criteria led to the exclusion of certain sources in the 'Full and Open Competition After Exclusion of Sources' method, and how did this impact the final price?

The exclusion of sources typically occurs when specific capabilities, past performance, or security requirements are necessary, limiting the pool of eligible bidders. While this can ensure specialized needs are met, it may also reduce competitive pressure, potentially leading to a higher final price than under truly unrestricted full and open competition. A detailed review of the solicitation documents would clarify the rationale and its pricing implications.

How does the final cost of $38.99M compare to industry benchmarks for similar-sized federal parking structure construction projects, considering the location and duration?

Without specific cost breakdowns and detailed project specifications, a precise benchmark comparison is challenging. However, $38.99M for a 589-day construction project of this nature suggests a significant investment. Comparing cost per square foot or per parking space against recently awarded federal or comparable private sector projects in the South Carolina region would be necessary to determine if the price is competitive or elevated.

What measures were in place to ensure the quality and timely completion of the parking structure, and were there any performance issues noted during the contract period?

Standard federal construction contracts include quality assurance surveillance plans (QASP) and performance monitoring by the contracting officer's representative (COR). The contract's completion within the specified duration (589 days) suggests adherence to the schedule. Any significant quality issues or delays would typically be documented in contract performance reports or modification records.

Industry Classification

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

Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIES › CONSTRUCTION OF BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: 47PA0319R0052

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 6161 BUSCH BLVD STE 255, COLUMBUS, OH, 43229

Business Categories: Category Business, Minority Owned Business, Partnership or Limited Liability Partnership, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Indian (Subcontinent) American Owned Business, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $38,993,151

Exercised Options: $38,993,151

Current Obligation: $38,993,151

Actual Outlays: $3,841,077

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline