Department of Energy contract for Bannister Federal Complex site analysis awarded to Centerpoint Properties Trust for over $21.4 million

Contract Overview

Contract Amount: $21,447,638 ($21.4M)

Contractor: Centerpoint Properties Trust

Awarding Agency: Department of Energy

Start Date: 2014-09-26

End Date: 2017-08-15

Contract Duration: 1,054 days

Daily Burn Rate: $20.3K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: IGF::OT::IGF CONDUCT SITE ANALYSIS OF THE BANNISTER FEDERAL COMPLEX (BFC) IN ORDER TO PREPARE ALL REQUIRED DEMOLITION AND REMEDIATION PLANNING AND DOCUMENTATION TO SUPPORT TRANSFER OF OWNERSHIP OF THE BFC TO AN ELIGIBLE ENTITY. FOR SERVICES ACQUISITION BRANCH - NA-APM-124.

Place of Performance

Location: OAK BROOK, DUPAGE County, ILLINOIS, 60523

State: Illinois Government Spending

Plain-Language Summary

Department of Energy obligated $21.4 million to CENTERPOINT PROPERTIES TRUST for work described as: IGF::OT::IGF CONDUCT SITE ANALYSIS OF THE BANNISTER FEDERAL COMPLEX (BFC) IN ORDER TO PREPARE ALL REQUIRED DEMOLITION AND REMEDIATION PLANNING AND DOCUMENTATION TO SUPPORT TRANSFER OF OWNERSHIP OF THE BFC TO AN ELIGIBLE ENTITY. FOR SERVICES ACQUISITION BRANCH - NA-APM-124. Key points: 1. Contract awarded for demolition and remediation planning for the Bannister Federal Complex. 2. Focus on preparing documentation to support transfer of ownership. 3. Contract type is Firm Fixed Price, indicating a defined scope and cost. 4. The contract duration was 1054 days. 5. Awarded by the Department of Energy's Services Acquisition Branch. 6. The contract was not competed, raising questions about potential value for money. 7. The North American Industry Classification System (NAICS) code is 531312 (Nonresidential Property Managers).

Value Assessment

Rating: questionable

Without a competitive bidding process, it is difficult to benchmark the value for money. The fixed price nature suggests a defined cost, but the lack of competition means there's no market validation of that price. Further analysis would require comparing the scope of services and deliverables to similar site analysis and remediation planning contracts awarded by other federal agencies or in the private sector.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award. This means only one contractor was solicited and awarded the work. While sole-source contracts can be justified in specific circumstances (e.g., unique capabilities, urgent need), they generally limit price discovery and may not result in the most cost-effective outcome for the government.

Taxpayer Impact: The lack of competition means taxpayers may not have received the benefit of a lower price that could have been achieved through a bidding process. It also limits transparency in how the contractor was selected and the pricing was determined.

Public Impact

The primary beneficiaries are the Department of Energy and the entity that will eventually take ownership of the Bannister Federal Complex. The services delivered include planning and documentation for demolition and remediation. The geographic impact is specific to the Bannister Federal Complex located in Illinois. Workforce implications are likely related to the specialized skills required for environmental assessment and demolition planning.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Real Estate and Property Management sector, specifically focusing on nonresidential property management and environmental services. The federal government is a significant player in this sector, managing vast portfolios of properties requiring ongoing maintenance, assessment, and eventual disposition. Benchmarking would involve comparing the cost and scope of this contract to similar environmental remediation and property transfer planning services procured by agencies like the EPA, GSA, or DoD.

Small Business Impact

This contract was not awarded to a small business, nor does it appear to have a small business set-aside component. There is no information provided regarding subcontracting plans for small businesses. The focus on specialized environmental and property management services may limit opportunities for broad small business participation.

Oversight & Accountability

Oversight would primarily fall under the Department of Energy's contracting and program management offices. Accountability measures would be tied to the successful completion of deliverables as outlined in the contract. Transparency is limited due to the sole-source nature of the award. Inspector General jurisdiction would apply if any fraud, waste, or abuse were suspected.

Related Government Programs

Risk Flags

Tags

department-of-energy, environmental-services, property-management, site-analysis, remediation-planning, demolition-planning, sole-source, firm-fixed-price, illinois, federal-complex, nonresidential-property-managers

Frequently Asked Questions

What is this federal contract paying for?

Department of Energy awarded $21.4 million to CENTERPOINT PROPERTIES TRUST. IGF::OT::IGF CONDUCT SITE ANALYSIS OF THE BANNISTER FEDERAL COMPLEX (BFC) IN ORDER TO PREPARE ALL REQUIRED DEMOLITION AND REMEDIATION PLANNING AND DOCUMENTATION TO SUPPORT TRANSFER OF OWNERSHIP OF THE BFC TO AN ELIGIBLE ENTITY. FOR SERVICES ACQUISITION BRANCH - NA-APM-124.

Who is the contractor on this award?

The obligated recipient is CENTERPOINT PROPERTIES TRUST.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $21.4 million.

What is the period of performance?

Start: 2014-09-26. End: 2017-08-15.

What is the track record of Centerpoint Properties Trust in handling federal contracts, particularly those involving environmental remediation and property disposition?

Information regarding Centerpoint Properties Trust's specific track record with federal contracts, especially those involving environmental remediation and property disposition, is not detailed in the provided data. A comprehensive analysis would require accessing federal procurement databases (like FPDS-NG or SAM.gov) to review their past performance, contract values, agencies served, and any reported performance issues or successes. Understanding their experience with similar complex projects, such as the demolition and remediation planning for a federal complex, is crucial for assessing their capability and reliability in executing this specific contract.

How does the $21.4 million contract value compare to similar federal contracts for site analysis and remediation planning?

Direct comparison of the $21.4 million contract value for site analysis and remediation planning is challenging without more specific details on the scope of work, the size and complexity of the Bannister Federal Complex, and the specific environmental conditions present. However, large-scale environmental remediation and property transfer planning contracts for federal facilities can range from millions to tens or even hundreds of millions of dollars, depending on the extent of contamination, the required demolition, and the complexity of the transfer process. The value appears substantial, underscoring the significant undertaking involved in preparing the complex for ownership transfer.

What are the primary risks associated with this sole-source contract for the Department of Energy?

The primary risks associated with this sole-source contract include potential overpayment due to the lack of competitive pricing, limited assurance of best value, and a reduced incentive for the contractor to innovate or perform beyond the minimum contractual requirements. There's also a risk that the contractor may not possess the most optimal or cost-effective solutions compared to what might have been available through a competitive process. Furthermore, sole-source awards can sometimes raise concerns about fairness and transparency in the procurement process, potentially leading to scrutiny.

What specific deliverables were expected under this contract, and how was their successful completion measured?

The contract data indicates the expected deliverables were 'all required demolition and remediation planning and documentation to support transfer of ownership of the BFC.' The successful completion would typically be measured against the terms and specifications outlined in the contract statement of work (SOW). This would likely involve the delivery of detailed reports, plans, cost estimates for demolition and remediation, environmental assessments, and all necessary documentation to facilitate the legal and administrative transfer of the Bannister Federal Complex to an eligible entity. Acceptance of these deliverables by the Department of Energy would signify contract completion.

What is the historical spending pattern for site analysis and remediation at the Bannister Federal Complex prior to this contract?

The provided data does not include historical spending patterns for site analysis and remediation at the Bannister Federal Complex prior to this $21.4 million contract. To assess historical spending, one would need to examine previous contracts awarded for this specific facility or for similar activities at the site. Understanding past investments in environmental assessments, cleanup efforts, or demolition planning would provide context for the current contract's scope and cost, and help determine if this represents a new initiative or a continuation of ongoing efforts.

Industry Classification

NAICS: Real Estate and Rental and LeasingActivities Related to Real EstateNonresidential Property Managers

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)ADMINISTRATIVE SUPPORT SERVICES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1808 SWIFT DR STE A, OAK BROOK, IL, 60523

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

Financial Breakdown

Contract Ceiling: $21,447,638

Exercised Options: $21,447,638

Current Obligation: $21,447,638

Contract Characteristics

Commercial Item: COMMERCIAL ITEM

Cost or Pricing Data: NO

Timeline

Start Date: 2014-09-26

Current End Date: 2017-08-15

Potential End Date: 2017-08-15 00:00:00

Last Modified: 2019-05-13

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