DOE awards $20.9M facility construction contract to Perikin Enterprises LLC in New Mexico

Contract Overview

Contract Amount: $20,925,102 ($20.9M)

Contractor: Perikin Enterprises LLC

Awarding Agency: Department of Energy

Start Date: 2020-09-15

End Date: 2025-02-28

Contract Duration: 1,627 days

Daily Burn Rate: $12.9K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: AWARD WESTERN COMMAND AGENT FACILITY CONSTRUCTION

Place of Performance

Location: ALBUQUERQUE, BERNALILLO County, NEW MEXICO, 87102

State: New Mexico Government Spending

Plain-Language Summary

Department of Energy obligated $20.9 million to PERIKIN ENTERPRISES LLC for work described as: AWARD WESTERN COMMAND AGENT FACILITY CONSTRUCTION Key points: 1. Contract awarded for commercial and institutional building construction. 2. Firm Fixed Price contract type suggests predictable costs. 3. Long duration of 1627 days indicates a substantial project. 4. No small business set-aside noted, potentially limiting smaller firm participation. 5. Contract awarded in New Mexico, impacting local workforce and economy. 6. The award is a definitive contract, suggesting a direct agreement.

Value Assessment

Rating: fair

The total award amount of $20.9 million for facility construction is substantial. Without specific benchmarks for comparable projects in New Mexico or for similar types of facilities, a precise value-for-money assessment is challenging. The firm fixed-price contract type helps control cost overruns, but the overall pricing efficiency depends on the initial negotiation and the contractor's ability to manage resources effectively over the project's extended duration.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was awarded on a sole-source basis, meaning it was not competed among multiple vendors. This approach is typically used when a specific contractor is uniquely qualified or when circumstances necessitate a direct award. The lack of competition means that the government did not benefit from potential price reductions or innovative solutions that might have emerged from a competitive bidding process.

Taxpayer Impact: Sole-source awards can potentially lead to higher costs for taxpayers as there is less pressure on the contractor to offer the most competitive price.

Public Impact

The primary beneficiary is Perikin Enterprises LLC, which receives a significant contract award. The contract will result in the construction of a new facility for the Department of Energy. The project is located in New Mexico, likely creating local construction jobs and stimulating the regional economy. The completed facility will support the operational needs of the Western Command Agent.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award limits competitive pricing benefits for taxpayers.
  • Long contract duration increases exposure to potential cost escalations or delays.
  • Lack of small business set-aside may exclude smaller, specialized construction firms.

Positive Signals

  • Firm Fixed Price contract provides cost certainty for the government.
  • Award to a single entity simplifies contract management.
  • Project supports critical infrastructure needs for the Department of Energy.

Sector Analysis

The construction sector is a significant part of the federal spending landscape, encompassing a wide range of projects from infrastructure to facility development. This contract falls under commercial and institutional building construction, a broad category that includes various types of non-residential buildings. Benchmarking this specific award requires comparison with similar-sized construction projects awarded by federal agencies, particularly within the Department of Energy or for similar operational facilities, to gauge its relative cost-effectiveness.

Small Business Impact

This contract does not appear to have a small business set-aside component, as indicated by 'sb: false'. This means the contract was not specifically reserved for small businesses. Consequently, Perikin Enterprises LLC, presumably a larger entity, is the direct awardee. There is no explicit information on subcontracting plans for small businesses, which could be a missed opportunity to engage the small business ecosystem in this significant construction project.

Oversight & Accountability

Oversight for this contract would primarily fall under the Department of Energy's contracting and program management offices. As a definitive contract, it is subject to standard federal procurement regulations and oversight. The firm fixed-price nature of the contract provides a degree of cost control. Transparency regarding project milestones and expenditures would be managed through regular reporting requirements stipulated in the contract. Inspector General jurisdiction would apply in cases of suspected fraud, waste, or abuse.

Related Government Programs

  • Department of Energy Facility Construction Projects
  • Western Command Operations Support
  • Commercial Building Construction Contracts
  • Federal Infrastructure Development

Risk Flags

  • Sole-source award may limit cost savings.
  • Long project duration increases risk exposure.
  • Lack of small business participation noted.

Tags

construction, department-of-energy, new-mexico, definitive-contract, firm-fixed-price, sole-source, commercial-building, institutional-building, large-contract, facility-construction

Frequently Asked Questions

What is this federal contract paying for?

Department of Energy awarded $20.9 million to PERIKIN ENTERPRISES LLC. AWARD WESTERN COMMAND AGENT FACILITY CONSTRUCTION

Who is the contractor on this award?

The obligated recipient is PERIKIN ENTERPRISES LLC.

Which agency awarded this contract?

Awarding agency: Department of Energy (Department of Energy).

What is the total obligated amount?

The obligated amount is $20.9 million.

What is the period of performance?

Start: 2020-09-15. End: 2025-02-28.

What is the track record of Perikin Enterprises LLC with federal contracts, particularly with the Department of Energy?

Information regarding the specific track record of Perikin Enterprises LLC with federal contracts, especially with the Department of Energy, is not provided in the given data. A comprehensive analysis would require accessing federal procurement databases (like SAM.gov or FPDS) to review their past performance ratings, previous contract awards, and any history of performance issues or commendations. Understanding their experience with similar-sized construction projects and their past compliance with federal regulations would be crucial for assessing their reliability and capability for this significant facility construction award.

How does the $20.9 million award compare to similar facility construction contracts awarded by the Department of Energy or other agencies?

Without specific details on the scope, size, and complexity of the facility being constructed, a direct comparison of the $20.9 million award to similar contracts is difficult. However, for context, federal facility construction projects can range widely in cost. A $20.9 million project is a substantial undertaking, likely involving significant building size, specialized infrastructure, or complex site requirements. Benchmarking would involve identifying contracts for similar types of buildings (e.g., administrative, research, operational facilities) awarded within the last 1-3 years by agencies like DOE, GSA, or DoD, and comparing their total contract values and per-square-foot costs, adjusted for inflation and geographic location.

What are the primary risks associated with a sole-source award for a large construction project?

The primary risks associated with a sole-source award for a large construction project include a lack of competitive pricing, potentially leading to higher costs for the government and taxpayers. Without multiple bids, there's less incentive for the awarded contractor to offer the most economical solution. Additionally, the government may miss out on innovative approaches or technologies that could have been proposed by other firms. There's also a risk that the sole-source justification might be weak or that the chosen contractor, while capable, may not be the absolute best value available in the market. This can also raise concerns about fairness and equal opportunity for other potential bidders.

How effective is the Firm Fixed Price (FFP) contract type in managing costs for long-duration construction projects like this one?

The Firm Fixed Price (FFP) contract type is generally effective in managing costs for construction projects, especially those with a long duration, by shifting most of the cost risk to the contractor. The price is set at the outset and generally does not change, regardless of the contractor's actual costs. This provides budget certainty for the government. However, for very long-duration projects (like this 1627-day contract), there's a risk that unforeseen economic conditions (e.g., significant material cost inflation) could severely impact the contractor's profitability if not adequately addressed through contract clauses or market conditions. While FFP limits cost growth, it can also lead to higher initial bid prices to account for contractor risk.

What are the potential workforce implications of a $20.9 million construction project in New Mexico?

A $20.9 million construction project in New Mexico is likely to have significant positive workforce implications for the region. It will create numerous direct jobs for skilled tradespeople (carpenters, electricians, plumbers, heavy equipment operators, etc.) and general laborers. Indirect employment will also be generated in supporting industries such as material suppliers, equipment rental companies, transportation, and local services (food, lodging). The project duration of over four years suggests sustained employment opportunities. Depending on the contractor's hiring practices and local labor availability, it could also provide training and development opportunities for the local workforce.

Are there any specific performance metrics or deliverables outlined for this facility construction contract?

The provided data does not specify the performance metrics or deliverables for this facility construction contract. Typically, such contracts would include detailed specifications for the facility's design, construction standards, quality control measures, safety protocols, and a project schedule with key milestones. Performance would be evaluated against these requirements, with potential penalties for non-compliance or delays and incentives for early completion or exceptional quality. A thorough review of the contract document itself would be necessary to identify the specific performance expectations and evaluation criteria.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionCommercial and Institutional Building Construction

Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIESCONSTRUCTION OF BUILDINGS

Competition & Pricing

Extent Competed: NOT AVAILABLE FOR COMPETITION

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: 89233120RNA000083

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Perikin Enterprises, LLC

Address: 500 MARQUETTE AVE NW, ALBUQUERQUE, NM, 87102

Business Categories: 8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, Hispanic American Owned Business, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $20,925,102

Exercised Options: $20,925,102

Current Obligation: $20,925,102

Actual Outlays: $19,310,602

Subaward Activity

Number of Subawards: 8

Total Subaward Amount: $7,825,661

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2020-09-15

Current End Date: 2025-02-28

Potential End Date: 2025-02-28 00:00:00

Last Modified: 2025-01-31

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