GSA Awards $5.85M for Moynihan Courthouse Elevator Modernization to Schindler Elevator Corp

Contract Overview

Contract Amount: $5,850,302 ($5.9M)

Contractor: Schindler Elevator Corporation

Awarding Agency: General Services Administration

Start Date: 2025-07-09

End Date: 2028-04-28

Contract Duration: 1,024 days

Daily Burn Rate: $5.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: DESIGN-BUILD CONSTRUCTION SERVICES FOR MOYNIHAN COURTHOUSE ELEVATOR MODERNIZATION SERVICES

Place of Performance

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

State: New York Government Spending

Plain-Language Summary

General Services Administration obligated $5.9 million to SCHINDLER ELEVATOR CORPORATION for work described as: DESIGN-BUILD CONSTRUCTION SERVICES FOR MOYNIHAN COURTHOUSE ELEVATOR MODERNIZATION SERVICES Key points: 1. Contract awarded for critical courthouse infrastructure upgrades. 2. Schindler Elevator Corporation, a major player, secured the deal. 3. Potential for modernization cost overruns exists. 4. Spending falls within building equipment contractor sector benchmarks.

Value Assessment

Rating: good

The contract value of $5.85M for elevator modernization appears reasonable given the scope and duration. Benchmarking against similar large-scale elevator modernization projects in federal courthouses would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. This method generally leads to better price discovery and value for the government.

Taxpayer Impact: The competitive award process aims to ensure taxpayer funds are used efficiently for necessary infrastructure improvements.

Public Impact

Ensures continued accessibility and safety for the Moynihan Courthouse. Modernized elevators will improve operational efficiency within the building. Supports the maintenance of critical federal infrastructure.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for scope creep during modernization.
  • Reliance on a single vendor for specialized elevator services.
  • Schedule delays impacting courthouse operations.

Positive Signals

  • Modernization addresses aging infrastructure.
  • Competitive bidding process likely secured a fair price.
  • Clear end date for project completion.

Sector Analysis

This contract falls under the Other Building Equipment Contractors sector, specifically focusing on elevator modernization. Spending benchmarks for similar federal building equipment upgrades vary widely based on project complexity and building size.

Small Business Impact

The data indicates this contract was not set aside for small businesses and was awarded to a large corporation. There is no specific information provided on small business subcontracting opportunities.

Oversight & Accountability

The General Services Administration (GSA) is responsible for managing federal building infrastructure. Oversight will involve monitoring project progress, adherence to specifications, and budget management by the Public Buildings Service.

Related Government Programs

  • Other Building Equipment Contractors
  • General Services Administration Contracting
  • Public Buildings Service Programs

Risk Flags

  • Potential for cost overruns due to unforeseen construction issues.
  • Dependency on Schindler for specialized parts and maintenance.
  • Risk of project delays impacting courthouse operations.
  • Long duration of the project (over 1000 days).

Tags

other-building-equipment-contractors, general-services-administration, ny, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $5.9 million to SCHINDLER ELEVATOR CORPORATION. DESIGN-BUILD CONSTRUCTION SERVICES FOR MOYNIHAN COURTHOUSE ELEVATOR MODERNIZATION SERVICES

Who is the contractor on this award?

The obligated recipient is SCHINDLER ELEVATOR CORPORATION.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $5.9 million.

What is the period of performance?

Start: 2025-07-09. End: 2028-04-28.

What is the expected impact of these elevator upgrades on the overall energy efficiency of the Moynihan Courthouse?

Modern elevator systems often incorporate energy-saving technologies such as regenerative drives that capture energy during braking and LED lighting. While specific energy efficiency targets are not detailed in the provided data, the modernization is expected to contribute to reduced energy consumption compared to the existing, likely older, elevator systems. A detailed review of the modernization plan would be needed to quantify the exact energy savings.

What are the key performance indicators (KPIs) for evaluating the success of this elevator modernization project?

Key performance indicators for this project would likely include on-time completion within budget, adherence to specified modernization standards, reduction in elevator downtime post-modernization, improved passenger wait times, and enhanced safety features. User satisfaction surveys from courthouse staff and visitors could also serve as a qualitative KPI to gauge the effectiveness of the upgrades.

How does the awarded price compare to industry benchmarks for similar elevator modernization projects in large federal buildings?

The awarded price of $5.85 million for a 1024-day project is substantial. Without specific details on the number of elevators, complexity of the modernization (e.g., controls, motors, cabs), and the specific building's structural requirements, a precise benchmark is difficult. However, for large-scale federal building elevator modernizations, costs can range significantly, making this price potentially competitive if it encompasses a comprehensive upgrade.

Industry Classification

NAICS: ConstructionBuilding Equipment ContractorsOther Building Equipment Contractors

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 47PC0325R0006

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Schindler Holding AG

Address: 20 WHIPPANY RD, MORRISTOWN, NJ, 07960

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Foreign-Owned and U.S.-Incorporated Business, Manufacturer of Goods, Not Designated a Small Business, Special Designations

Financial Breakdown

Contract Ceiling: $5,850,302

Exercised Options: $5,850,302

Current Obligation: $5,850,302

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 47PM0024D0004

IDV Type: IDC

Timeline

Start Date: 2025-07-09

Current End Date: 2028-04-28

Potential End Date: 2028-04-28 00:00:00

Last Modified: 2026-03-20

Other General Services Administration Contracts

View all General Services Administration contracts →

Explore Related Government Spending