GSA Awards $915K for Elevator Monitoring Services to Kings III of America, LLC
Contract Overview
Contract Amount: $91,580 ($91.6K)
Contractor: Kings III of America, LLC
Awarding Agency: General Services Administration
Start Date: 2019-09-01
End Date: 2026-04-09
Contract Duration: 2,412 days
Daily Burn Rate: $38/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: ELEVATOR MONITORING SERVICES FOR MULTIPLE GOVERNMENT OWNED FACILITIES TERRY SANFORD FEDERAL COURTHOUSE 310 NEW BERN AVENUE, RALEIGH NC 27601
Place of Performance
Location: RALEIGH, WAKE County, NORTH CAROLINA, 27601
Plain-Language Summary
General Services Administration obligated $91,580.13 to KINGS III OF AMERICA, LLC for work described as: ELEVATOR MONITORING SERVICES FOR MULTIPLE GOVERNMENT OWNED FACILITIES TERRY SANFORD FEDERAL COURTHOUSE 310 NEW BERN AVENUE, RALEIGH NC 27601 Key points: 1. Contract awarded for essential elevator monitoring services across government facilities. 2. Kings III of America, LLC, a specialized provider, secured the contract. 3. The contract duration extends over 6 years, indicating a long-term need. 4. Spending is concentrated in North Carolina, serving the Terry Sanford Federal Courthouse.
Value Assessment
Rating: good
The $915,801.13 award for elevator monitoring services appears reasonable given the 6-year duration and the specialized nature of the service. Benchmarking against similar contracts for security systems services 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 promotes price discovery and ensures fair market value is obtained.
Taxpayer Impact: Taxpayer funds are being used for essential safety and security services, ensuring the operational integrity of federal facilities.
Public Impact
Ensures safety and accessibility in federal buildings by maintaining elevator functionality. Supports critical infrastructure maintenance, preventing costly emergency repairs. Provides peace of mind for building occupants and visitors through reliable monitoring.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for price increases over the 6-year contract term.
- Dependence on a single vendor for critical monitoring services.
Positive Signals
- Awarded through full and open competition.
- Addresses essential safety and security needs.
- Long-term contract provides budget stability.
Sector Analysis
This contract falls under security systems services, a niche within the broader facilities management sector. Spending benchmarks for similar services vary widely based on system complexity and facility size.
Small Business Impact
The contract was awarded to Kings III of America, LLC, which is not indicated as a small business in the provided data. Further analysis would be needed to determine if small business participation was considered or achieved.
Oversight & Accountability
The General Services Administration (GSA) is responsible for overseeing this contract, ensuring compliance with federal procurement regulations and service level agreements.
Related Government Programs
- Security Systems Services (except Locksmiths)
- General Services Administration Contracting
- Public Buildings Service Programs
Risk Flags
- Long contract duration (6 years) may lead to technological obsolescence.
- Potential for price increases over the contract term.
- Dependence on a single vendor for critical safety monitoring.
- Lack of explicit small business participation noted.
Tags
security-systems-services-except-locksmi, general-services-administration, nc, delivery-order, under-100k
Frequently Asked Questions
What is this federal contract paying for?
General Services Administration awarded $91,580.13 to KINGS III OF AMERICA, LLC. ELEVATOR MONITORING SERVICES FOR MULTIPLE GOVERNMENT OWNED FACILITIES TERRY SANFORD FEDERAL COURTHOUSE 310 NEW BERN AVENUE, RALEIGH NC 27601
Who is the contractor on this award?
The obligated recipient is KINGS III OF AMERICA, LLC.
Which agency awarded this contract?
Awarding agency: General Services Administration (Public Buildings Service).
What is the total obligated amount?
The obligated amount is $91,580.13.
What is the period of performance?
Start: 2019-09-01. End: 2026-04-09.
What is the specific scope of 'elevator monitoring services' and how does it differ from standard maintenance contracts?
Elevator monitoring services typically involve real-time tracking of elevator performance, fault detection, and immediate alerts to service providers in case of emergencies or malfunctions. This goes beyond routine maintenance by providing continuous oversight and rapid response capabilities, crucial for safety and minimizing downtime in federal facilities.
What are the potential risks associated with a 6-year contract for elevator monitoring services?
A significant risk is technological obsolescence, where monitoring systems may become outdated within the contract's lifespan, requiring costly upgrades or replacements. Another risk is vendor lock-in, potentially limiting flexibility if better solutions emerge or if the vendor's performance declines. Price escalation clauses over such a long term also pose a financial risk.
How effective is full and open competition in ensuring value for money in specialized security systems contracts like this?
Full and open competition is generally effective in driving down prices and encouraging innovation by allowing multiple qualified vendors to bid. However, for highly specialized services like elevator monitoring, the pool of capable vendors might be limited. Ensuring the solicitation clearly defines requirements and evaluation criteria is key to attracting relevant competition and achieving true value.
Industry Classification
NAICS: Administrative and Support and Waste Management and Remediation Services › Investigation and Security Services › Security Systems Services (except Locksmiths)
Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTY › MAINT, ALTER, REPAIR BUILDINGS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 751 CANYON DR STE 100, COPPELL, TX, 75019
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Manufacturer of Goods, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $91,580
Exercised Options: $91,580
Current Obligation: $91,580
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: GS07F0420T
IDV Type: FSS
Timeline
Start Date: 2019-09-01
Current End Date: 2026-04-09
Potential End Date: 2026-04-09 00:00:00
Last Modified: 2026-04-09
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