GSA's $8.99M Parking Garage Project Awarded to IMAQ EML JV, LLC for FERC Building

Contract Overview

Contract Amount: $8,998 ($9.0K)

Contractor: Imaq EML JV, LLC

Awarding Agency: General Services Administration

Start Date: 2026-04-06

End Date: 2026-10-05

Contract Duration: 182 days

Daily Burn Rate: $49/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: P2 PARKING GARAGE LOOP REMOVAL AND REPLACEMENT AT THE FEDERAL ENERGY REGULATORY COMMISSION (FERC) BUILDING.

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20002

State: District of Columbia Government Spending

Plain-Language Summary

General Services Administration obligated $8,998.4 to IMAQ EML JV, LLC for work described as: P2 PARKING GARAGE LOOP REMOVAL AND REPLACEMENT AT THE FEDERAL ENERGY REGULATORY COMMISSION (FERC) BUILDING. Key points: 1. The contract is for parking garage loop removal and replacement. 2. IMAQ EML JV, LLC is the awardee. 3. The contract falls under Facilities Support Services. 4. The award was made via a BPA Call. 5. The contract duration is 182 days.

Value Assessment

Rating: fair

The total award amount is $8.99M. Without specific per-unit cost data or benchmarks for similar parking garage projects, a precise value assessment is difficult. However, the firm-fixed-price structure suggests an attempt to control costs.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating multiple bidders likely participated. The use of a BPA Call suggests a pre-negotiated agreement, which can streamline the process but might limit price discovery compared to a standalone solicitation.

Taxpayer Impact: Taxpayers are impacted through the funding of this infrastructure repair project. The firm-fixed-price contract aims to ensure costs do not exceed the agreed-upon amount.

Public Impact

Ensures continued access and functionality of the FERC building's parking facilities. Supports the operational needs of a federal agency. Addresses necessary infrastructure maintenance and upgrades.

Waste & Efficiency Indicators

Waste Risk Score: 49 / 10

Warning Flags

Potential for cost overruns if unforeseen issues arise during construction.
Dependence on a single contractor for a critical infrastructure component.

Positive Signals

Awarded through full and open competition.
Firm-fixed-price contract type.

Sector Analysis

This project falls within the Facilities Support Services sector, specifically related to building maintenance and infrastructure. Spending in this sector is generally consistent, driven by the need to maintain government-owned and leased facilities.

Small Business Impact

The data indicates that small business participation was not a factor in this specific award (ss: false, sb: false). Further analysis would be needed to determine if opportunities were available or if the prime contractor has subcontracting plans.

Oversight & Accountability

The General Services Administration (GSA), through its Public Buildings Service, is responsible for overseeing this contract. Oversight would focus on ensuring timely completion, quality of work, and adherence to the contract terms.

Related Government Programs

Facilities Support Services
General Services Administration Contracting
Public Buildings Service Programs

Risk Flags

Short contract duration.
Potential for unforeseen site conditions.
Firm-fixed-price contract.
BPA Call award mechanism.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $8,998.4 to IMAQ EML JV, LLC. P2 PARKING GARAGE LOOP REMOVAL AND REPLACEMENT AT THE FEDERAL ENERGY REGULATORY COMMISSION (FERC) BUILDING.

Who is the contractor on this award?

The obligated recipient is IMAQ EML JV, LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $8,998.4.

What is the period of performance?

Start: 2026-04-06. End: 2026-10-05.

What is the estimated cost per square foot for the parking garage loop replacement, and how does it compare to industry benchmarks?

The provided data does not include square footage or detailed cost breakdowns, making a per-square-foot analysis impossible. To assess value, one would need to obtain the project's scope of work, dimensions, and compare the final cost against similar parking structure repair projects in the DC metropolitan area, considering material and labor costs.

What are the potential risks associated with the 182-day duration, given the complexity of parking garage infrastructure repair?

A short 182-day duration for a parking garage loop replacement carries risks of rushed work, potential quality compromises, and schedule delays due to unforeseen site conditions or weather. The firm-fixed-price nature could incentivize cutting corners if not rigorously overseen. The agency should ensure robust inspection protocols are in place.

How effectively does the BPA Call mechanism ensure competitive pricing for this type of infrastructure project compared to a traditional solicitation?

A BPA Call can offer efficiency but may limit price discovery if the underlying BPA terms were not aggressively negotiated or if competition among BPA holders is weak. For infrastructure projects, a full and open competition solicitation might yield better price competition, assuming sufficient qualified bidders respond.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation Services › Facilities Support Services › Facilities Support Services

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

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 2700 GAMBELL ST STE 401, ANCHORAGE, AK, 99503

Business Categories: Alaskan Native Corporation Owned Firm, Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Minority Owned Business, Native American Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Tribally Owned Firm, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $8,998

Exercised Options: $8,998

Current Obligation: $8,998

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47PN1125A0001

IDV Type: BPA

Timeline