GSA Awards $2.8M Elevator Modernization Contract to TK Elevator Corp in Birmingham, AL
Contract Overview
Contract Amount: $2,826,368 ($2.8M)
Contractor: TK Elevator Corp
Awarding Agency: General Services Administration
Start Date: 2024-06-28
End Date: 2027-01-08
Contract Duration: 924 days
Daily Burn Rate: $3.1K/day
Competition Type: FULL AND OPEN COMPETITION
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: HUGO BLACK ELEVATOR MODERNIZATION-BIRMINGHAM, AL (AL00813ZZ),1729 5TH AVE N, BIRMINGHAM, AL 35203
Place of Performance
Location: BIRMINGHAM, JEFFERSON County, ALABAMA, 35203
State: Alabama Government Spending
Plain-Language Summary
General Services Administration obligated $2.8 million to TK ELEVATOR CORP for work described as: HUGO BLACK ELEVATOR MODERNIZATION-BIRMINGHAM, AL (AL00813ZZ),1729 5TH AVE N, BIRMINGHAM, AL 35203 Key points: 1. Contract awarded for elevator modernization at Hugo Black building. 2. TK Elevator Corp is the sole awardee. 3. Project duration is 924 days. 4. Contract type is Firm Fixed Price.
Value Assessment
Rating: fair
The award amount of $2.83M for elevator modernization appears within a reasonable range for a project of this scope and duration. Benchmarking against similar federal elevator modernization contracts would provide a more definitive 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 is generally expected to yield fair pricing, though specific bid details are not provided.
Taxpayer Impact: Taxpayers benefit from a competitive process that aims to secure the best value for public funds spent on essential building infrastructure.
Public Impact
Modernization of elevators in a federal building ensures accessibility and safety for public access. Project completion will improve the functionality and reliability of building services. The contract supports jobs within the building equipment contracting sector.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of detailed cost breakdown for transparency.
- Potential for cost overruns if unforeseen issues arise during modernization.
Positive Signals
- Awarded through full and open competition.
- Firm Fixed Price contract provides cost certainty.
Sector Analysis
This contract falls under the 'Other Building Equipment Contractors' sector, specifically focusing on elevator modernization. Federal spending in building maintenance and upgrades is consistent, with benchmarks varying widely based on building size, age, and complexity.
Small Business Impact
The data indicates no specific set-aside for small businesses, and the awardee is a large corporation. Further analysis would be needed to determine if small businesses were involved as subcontractors.
Oversight & Accountability
The General Services Administration (GSA) is responsible for managing federal buildings. Oversight would involve monitoring project progress, adherence to specifications, and budget compliance by the Public Buildings Service.
Related Government Programs
- Other Building Equipment Contractors
- General Services Administration Contracting
- Public Buildings Service Programs
Risk Flags
- Limited insight into specific modernization scope.
- No historical performance data for the awardee provided.
- Potential for unforeseen issues in older building infrastructure.
- Dependence on a single contractor for a critical building system.
Tags
other-building-equipment-contractors, general-services-administration, al, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
General Services Administration awarded $2.8 million to TK ELEVATOR CORP. HUGO BLACK ELEVATOR MODERNIZATION-BIRMINGHAM, AL (AL00813ZZ),1729 5TH AVE N, BIRMINGHAM, AL 35203
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 $2.8 million.
What is the period of performance?
Start: 2024-06-28. End: 2027-01-08.
What is the historical performance of TK Elevator Corp on federal contracts?
Information on TK Elevator Corp's historical performance on federal contracts is not provided in the data. A review of past performance, including on-time delivery, quality of work, and adherence to budget, would be crucial for assessing the risk associated with this award. This data is typically available through federal procurement databases.
Are there specific accessibility or technological upgrades included in this modernization?
The provided data does not specify the exact scope of the elevator modernization beyond 'modernization.' Understanding if the project includes upgrades for enhanced accessibility (e.g., ADA compliance) or incorporates advanced elevator technology (e.g., destination dispatch, energy efficiency) is important for evaluating the long-term value and public benefit.
How does the awarded amount compare to the original estimated cost or baseline budget?
The data does not include the original estimated cost or baseline budget for the Hugo Black Elevator Modernization. Comparing the awarded amount ($2.83M) to the initial estimates is essential for determining if the competitive process resulted in significant cost savings or if the award was close to projections.
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: 47PE0524R0003
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: $2,826,368
Exercised Options: $2,826,368
Current Obligation: $2,826,368
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
Start Date: 2024-06-28
Current End Date: 2027-01-08
Potential End Date: 2027-01-08 00:00:00
Last Modified: 2026-03-10
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