GSA Awards $6.5M Contract for 201 Varick St & ICE HSI Backfill Project to Jacobs Project Management Co

Contract Overview

Contract Amount: $6,528,113 ($6.5M)

Contractor: Jacobs Project Management CO.

Awarding Agency: General Services Administration

Start Date: 2020-07-10

End Date: 2026-03-31

Contract Duration: 2,090 days

Daily Burn Rate: $3.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 5

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: CMA FOR 201 VARICK ST AND ICE_HSI BACKFILL PROJECT

Place of Performance

Location: NEW YORK, NEW YORK County, NEW YORK, 10007

State: New York Government Spending

Plain-Language Summary

General Services Administration obligated $6.5 million to JACOBS PROJECT MANAGEMENT CO. for work described as: CMA FOR 201 VARICK ST AND ICE_HSI BACKFILL PROJECT Key points: 1. The contract value is $6.53 million, awarded under full and open competition. 2. Jacobs Project Management Co. is the sole awardee for this delivery order. 3. The project spans 2090 days, indicating a significant, long-term undertaking. 4. The sector is Commercial and Institutional Building Construction, a vital area for infrastructure.

Value Assessment

Rating: good

The contract is a firm-fixed-price delivery order, suggesting a clear scope and predictable costs. Benchmarking against similar construction projects of this scale and complexity would be necessary for a definitive value assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, which typically fosters competitive pricing and allows for a broad range of qualified contractors to bid. This method is expected to yield fair market prices.

Taxpayer Impact: The use of full and open competition aims to ensure taxpayer dollars are used efficiently by securing the best value through a competitive bidding process.

Public Impact

Ensures continued operation of critical government facilities. Supports the construction and maintenance of federal buildings. Provides employment opportunities within the construction sector.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for cost overruns if unforeseen issues arise during the long project duration.
Dependence on a single contractor for a significant project.

Positive Signals

Awarded through full and open competition, promoting fairness and value.
Firm-fixed-price contract provides cost certainty.

Sector Analysis

This contract falls within the Commercial and Institutional Building Construction sector, which is crucial for maintaining and upgrading federal facilities. Spending in this sector can fluctuate based on infrastructure needs and government priorities.

Small Business Impact

The data indicates that small businesses were not directly awarded this contract, as it was awarded to Jacobs Project Management Co. Further analysis would be needed to determine if small businesses are involved as subcontractors.

Oversight & Accountability

The General Services Administration (GSA), specifically the Public Buildings Service, is responsible for overseeing this contract. Standard GSA oversight mechanisms should be in place to ensure performance and accountability.

Related Government Programs

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

Risk Flags

Long project duration increases risk of scope creep or unforeseen issues.
Sole awardee may limit flexibility if issues arise.
Potential for cost escalation beyond the fixed price if contract terms are not robust.
Dependence on a single entity for critical facility needs.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $6.5 million to JACOBS PROJECT MANAGEMENT CO.. CMA FOR 201 VARICK ST AND ICE_HSI BACKFILL PROJECT

Who is the contractor on this award?

The obligated recipient is JACOBS PROJECT MANAGEMENT CO..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $6.5 million.

What is the period of performance?

Start: 2020-07-10. End: 2026-03-31.

What specific construction or backfill services are included in this contract?

The contract title mentions 'CMA FOR 201 VARICK ST AND ICE_HSI BACKFILL PROJECT.' While 'CMA' could imply Construction Management Agreement, the exact scope of work, including specific construction tasks, renovation details, or the nature of the 'backfill' for ICE HSI, is not detailed in the provided data. Further documentation would be required to understand the precise services.

Are there any performance metrics or milestones tied to the firm-fixed-price contract?

Firm-fixed-price contracts often include milestones for payment and performance, especially for long-duration projects like this one (2090 days). However, the provided data does not specify these metrics. The contract's terms and conditions would detail any performance standards, delivery schedules, and associated payment triggers to ensure accountability and timely completion.

What is the historical performance record of Jacobs Project Management Co. with the GSA?

The provided data does not include information on Jacobs Project Management Co.'s past performance with the GSA. A comprehensive assessment would require reviewing their contract history, past performance evaluations, and any reported issues or successes on previous government contracts to gauge reliability and capability for this project.

Industry Classification

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

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 5

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Jacobs Engineering Group Inc

Address: 1 PENN PLZ STE 5420, NEW YORK, NY, 10119

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $6,528,113

Exercised Options: $6,528,113

Current Obligation: $6,528,113

Subaward Activity

Number of Subawards: 7

Total Subaward Amount: $218,122

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS02P17DTD0009

IDV Type: IDC

Timeline