GSA Awards $2.08M for Orlando Courthouse Elevator Modernization to TK Elevator Corp

Contract Overview

Contract Amount: $2,078,881 ($2.1M)

Contractor: TK Elevator Corp

Awarding Agency: General Services Administration

Start Date: 2022-04-07

End Date: 2026-04-30

Contract Duration: 1,484 days

Daily Burn Rate: $1.4K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: PROVIDE ALL LABOR, MATERIAL, AND TESTING REQUIRED FOR ELEVATOR MODERNIZATION FOR ORLANDO COURTHOUSE ANNEX AT 401 W. CENTRAL BLVD. ORLANDO, FL

Place of Performance

Location: ORLANDO, ORANGE County, FLORIDA, 32801

State: Florida Government Spending

Plain-Language Summary

General Services Administration obligated $2.1 million to TK ELEVATOR CORP for work described as: PROVIDE ALL LABOR, MATERIAL, AND TESTING REQUIRED FOR ELEVATOR MODERNIZATION FOR ORLANDO COURTHOUSE ANNEX AT 401 W. CENTRAL BLVD. ORLANDO, FL Key points: 1. Spending focuses on essential building infrastructure upgrades. 2. TK Elevator Corp. is a major player in the elevator market. 3. Risk is moderate, involving construction and modernization timelines. 4. Sector is Facilities Maintenance and Construction.

Value Assessment

Rating: fair

The contract value of $2.08M for elevator modernization appears within a reasonable range for a federal courthouse annex. Benchmarking against similar projects would provide a more precise assessment of value.

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 potentially more favorable pricing for the government.

Taxpayer Impact: Taxpayer funds are being used for necessary infrastructure improvements to a federal facility, ensuring operational continuity and safety.

Public Impact

Ensures accessibility and safety for the public and federal employees at the Orlando Courthouse Annex. Modernization will likely improve elevator reliability and reduce future maintenance costs. Supports local economy through construction and maintenance services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for construction delays impacting project completion.
Reliance on a single contractor for a critical building system.

Positive Signals

Awarded through full and open competition.
Firm fixed-price contract provides cost certainty.
Long-term contract duration allows for phased modernization.

Sector Analysis

This contract falls within the facilities maintenance and construction sector, specifically focusing on building equipment upgrades. Federal spending in this area is driven by the need to maintain aging infrastructure and ensure compliance with modern standards.

Small Business Impact

The data indicates this contract was not awarded to a small business. Opportunities for small businesses may exist as subcontractors to TK Elevator Corp.

Oversight & Accountability

The General Services Administration (GSA) is responsible for managing federal buildings. Oversight would involve monitoring project progress, adherence to contract terms, and quality of work.

Related Government Programs

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

Risk Flags

Potential for construction delays.
Reliance on a single vendor for a critical system.
Scope may not fully capture all modernization needs.
Long contract duration could lead to scope creep if not managed.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $2.1 million to TK ELEVATOR CORP. PROVIDE ALL LABOR, MATERIAL, AND TESTING REQUIRED FOR ELEVATOR MODERNIZATION FOR ORLANDO COURTHOUSE ANNEX AT 401 W. CENTRAL BLVD. ORLANDO, FL

Who is the contractor on this award?

The obligated recipient is TK ELEVATOR CORP.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $2.1 million.

What is the period of performance?

Start: 2022-04-07. End: 2026-04-30.

What is the projected impact of the modernization on long-term operational costs for the courthouse annex?

The modernization is expected to reduce long-term operational costs by improving elevator energy efficiency and decreasing the frequency and severity of breakdowns. This shift from older, potentially less reliable components to modern systems should lower reactive maintenance expenses and minimize downtime, contributing to overall facility cost savings over the life of the new equipment.

What are the primary risks associated with the elevator modernization project, and how are they being mitigated?

Primary risks include potential construction delays due to unforeseen site conditions or supply chain issues, and the possibility of disruptions to courthouse operations during installation. Mitigation strategies likely involve detailed project planning, phased implementation to minimize service interruption, robust contractor oversight by GSA, and contingency planning for material procurement and labor.

How does this contract ensure the long-term effectiveness and reliability of the elevator system?

The effectiveness is ensured through a firm fixed-price contract, which incentivizes the contractor to deliver a complete and functional system within budget. The long duration (nearly 5 years) allows for thorough testing, commissioning, and potential warranty periods, aiming for a reliable system that meets federal accessibility and safety standards for years to come.

Industry Classification

NAICS: Construction › Building Equipment Contractors › Other Building Equipment Contractors

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENT › MAINT, REPAIR, REBUILD OF EQUIPMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: 47PE0422R0002

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 3005 CHASTAIN MEADOWS PKWY STE 100, MARIETTA, GA, 30066

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

Financial Breakdown

Contract Ceiling: $2,657,973

Exercised Options: $2,078,881

Current Obligation: $2,078,881

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 47PG0818D0001

IDV Type: IDC

Timeline