DOT Awards $6.6M for NEMC EG Replacement to Wells Global, LLC

Contract Overview

Contract Amount: $6,613,424 ($6.6M)

Contractor: Wells Global, LLC

Awarding Agency: Department of Transportation

Start Date: 2023-02-10

End Date: 2026-07-10

Contract Duration: 1,246 days

Daily Burn Rate: $5.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: F11 FUNDING FOR NEMC EG REPLACEMENT COST FOR ATLN CPDS. JCN 1700177.

Place of Performance

Location: ATLANTA, FULTON County, GEORGIA, 30301

State: Georgia Government Spending

Plain-Language Summary

Department of Transportation obligated $6.6 million to WELLS GLOBAL, LLC for work described as: F11 FUNDING FOR NEMC EG REPLACEMENT COST FOR ATLN CPDS. JCN 1700177. Key points: 1. Contract awarded to Wells Global, LLC for $6.6 million. 2. Competition method was 'Full and Open', suggesting broad market access. 3. Risk appears moderate given the fixed-price contract type. 4. Sector is Electrical Contractors and Other Wiring Installation Contractors.

Value Assessment

Rating: fair

The award amount of $6.6 million for electrical contracting services needs comparison against similar projects. Without specific benchmarks for NEMC EG replacement, assessing value is difficult. The provided 'br' (benchmark rate) of 5308 is unclear in its application.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and allows the government to select the best value.

Taxpayer Impact: The $6.6 million expenditure represents taxpayer investment in critical infrastructure upgrades for the Federal Aviation Administration.

Public Impact

Ensures continued operational capacity for the NEMC EG system. Supports infrastructure modernization within the Federal Aviation Administration. Potential for job creation within the electrical contracting industry.

Waste & Efficiency Indicators

Waste Risk Score: 53 / 10

Warning Flags

Unclear benchmark rate application
Limited detail on specific deliverables

Positive Signals

Full and open competition utilized
Firm fixed price contract type

Sector Analysis

This contract falls within the Electrical Contractors and Other Wiring Installation Contractors sector, which is crucial for maintaining and upgrading critical infrastructure. Spending in this sector can vary significantly based on project scope and agency needs.

Small Business Impact

The data indicates that the awardee, Wells Global, LLC, is not a small business (ss: false). Therefore, this specific contract does not appear to directly benefit small businesses through subcontracting opportunities, though the overall impact on the sector could be positive.

Oversight & Accountability

The Federal Aviation Administration is responsible for overseeing this contract. The firm fixed price structure provides some cost control, but ongoing monitoring of performance and adherence to schedule is essential for accountability.

Related Government Programs

Electrical Contractors and Other Wiring Installation Contractors
Department of Transportation Contracting
Federal Aviation Administration Programs

Risk Flags

Unclear benchmark rate
Long contract duration with fixed price
Limited detail on specific project scope

Frequently Asked Questions

What is this federal contract paying for?

Department of Transportation awarded $6.6 million to WELLS GLOBAL, LLC. F11 FUNDING FOR NEMC EG REPLACEMENT COST FOR ATLN CPDS. JCN 1700177.

Who is the contractor on this award?

The obligated recipient is WELLS GLOBAL, LLC.

Which agency awarded this contract?

Awarding agency: Department of Transportation (Federal Aviation Administration).

What is the total obligated amount?

The obligated amount is $6.6 million.

What is the period of performance?

Start: 2023-02-10. End: 2026-07-10.

What is the specific definition and application of the 'br' (benchmark rate) value of 5308 in relation to this contract?

The 'br' value of 5308 is not clearly defined within the provided data. It is likely a internal benchmark rate used by the agency for cost estimation or comparison. Its precise meaning and how it was applied to assess the $6.6 million award against the contractor's bid is not evident, making a definitive value assessment challenging without further clarification.

What are the key performance indicators (KPIs) for this contract, and how will they be measured to ensure effectiveness?

The provided data does not specify the key performance indicators (KPIs) for this contract. Effectiveness will likely be measured by the successful completion of the NEMC EG replacement within the defined timeline (ending 2026-07-10) and budget ($6.6 million). Adherence to technical specifications and operational readiness post-replacement will also be critical metrics.

Are there any potential risks associated with the long duration of the contract (1246 days) and the firm fixed price?

A firm fixed price contract over a long duration like 1246 days can pose risks. While it caps the government's cost, the contractor assumes the risk of cost overruns due to unforeseen issues, material price increases, or labor shortages. This could potentially lead to quality compromises or contractor disputes if not managed proactively.

Industry Classification

NAICS: Construction › Building Equipment Contractors › Electrical Contractors and Other Wiring Installation Contractors

Product/Service Code: INSTALLATION OF EQUIPMENT › INSTALLATION OF EQUIPMENT

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: 4540 PRESLYN DR, RALEIGH, NC, 27616

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $6,613,424

Exercised Options: $6,613,424

Current Obligation: $6,613,424

Actual Outlays: $3,896,023

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 6973GH22D00017

IDV Type: IDC

Timeline