DOT's FAA awards $1.8M for General Requirements to Corinthian Contractors Inc
Contract Overview
Contract Amount: $24,360,950 ($24.4M)
Contractor: Corinthian Contractors Inc
Awarding Agency: Department of Transportation
Start Date: 2008-11-10
End Date: 2011-02-28
Contract Duration: 840 days
Daily Burn Rate: $29.0K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 3
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: LINE ITEM NO. 001, GENERAL REQUIREMENTS IN THE AMOUNT OF $1,825,000.00 TAS::69 8107::TAS
Place of Performance
Location: ARLINGTON, ARLINGTON County, VIRGINIA, 22206
State: Virginia Government Spending
Plain-Language Summary
Department of Transportation obligated $24.4 million to CORINTHIAN CONTRACTORS INC for work described as: LINE ITEM NO. 001, GENERAL REQUIREMENTS IN THE AMOUNT OF $1,825,000.00 TAS::69 8107::TAS Key points: 1. Contract awarded for commercial and institutional building construction. 2. Firm Fixed Price contract type suggests defined scope and cost. 3. Duration of 840 days indicates a long-term project. 4. Awarded by the Federal Aviation Administration, part of the Department of Transportation.
Value Assessment
Rating: fair
The contract value of $1,825,000.00 for general requirements appears reasonable for a multi-year construction project. Benchmarking against similar FAA construction contracts would provide a more definitive assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, which generally promotes competitive pricing and ensures the government receives the best value. The specific pricing discovery mechanism within this competitive process is not detailed.
Taxpayer Impact: The use of full and open competition suggests taxpayers benefit from potentially lower prices due to market forces.
Public Impact
Supports infrastructure development within the Federal Aviation Administration. Provides services for commercial and institutional building construction. Contract duration impacts long-term planning and resource allocation. Awarded to a single contractor, Corinthian Contractors Inc.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of detailed performance metrics.
- Potential for cost overruns in long-term fixed-price contracts.
- Limited information on contractor past performance.
Positive Signals
- Awarded through full and open competition.
- Firm Fixed Price contract type.
Sector Analysis
This contract falls under the Commercial and Institutional Building Construction sector. Spending in this sector is crucial for maintaining and upgrading federal facilities, including those managed by the FAA. Benchmarks vary widely based on project scope and location.
Small Business Impact
The data does not indicate whether small businesses were involved as subcontractors or prime contractors. Further analysis would be needed to determine the extent of small business participation.
Oversight & Accountability
Oversight would typically involve contract administration by the FAA to ensure compliance with terms, quality standards, and timely completion. Accountability rests with the contractor for performance and the agency for proper management.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Transportation Contracting
- Federal Aviation Administration Programs
Risk Flags
- Contract duration is lengthy (840 days).
- Limited detail on specific deliverables.
- No information on contractor past performance.
- Potential for scope creep in 'general requirements'.
Tags
commercial-and-institutional-building-co, department-of-transportation, va, dca, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Transportation awarded $24.4 million to CORINTHIAN CONTRACTORS INC. LINE ITEM NO. 001, GENERAL REQUIREMENTS IN THE AMOUNT OF $1,825,000.00 TAS::69 8107::TAS
Who is the contractor on this award?
The obligated recipient is CORINTHIAN CONTRACTORS INC.
Which agency awarded this contract?
Awarding agency: Department of Transportation (Federal Aviation Administration).
What is the total obligated amount?
The obligated amount is $24.4 million.
What is the period of performance?
Start: 2008-11-10. End: 2011-02-28.
What specific general requirements were covered under this contract?
The provided data does not specify the exact nature of the 'general requirements.' This could encompass a wide range of services related to building construction, such as site preparation, material procurement, labor, project management, and adherence to building codes and safety regulations. A detailed statement of work would be necessary for clarification.
What was the competitive landscape like for this specific contract?
The contract was awarded under 'full and open competition,' indicating that all responsible sources were permitted to submit bids. While this suggests a competitive process, the number of bids received and the specific evaluation criteria used to select Corinthian Contractors Inc. are not detailed in this data, limiting a full assessment of the competitive intensity.
How does the final award amount compare to the initial estimate or budget?
The data provides an award amount of $1,825,000.00. It does not include information about the initial estimated cost or budget for this contract. Without this baseline, it is impossible to determine if the final award represents an increase, decrease, or is in line with expectations.
Industry Classification
NAICS: Construction › Nonresidential Building Construction › Commercial and Institutional Building Construction
Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIES › CONSTRUCTION OF BUILDINGS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Offers Received: 3
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 3126 S ABINGDON ST, ARLINGTON, VA, 08
Business Categories: Category Business, Not Designated a Small Business, Small Business, Small Disadvantaged Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $519,663,977
Exercised Options: $24,360,950
Current Obligation: $24,360,950
Timeline
Start Date: 2008-11-10
Current End Date: 2011-02-28
Potential End Date: 2011-02-28 00:00:00
Last Modified: 2013-02-08
Other Department of Transportation Contracts
- Dafis UDO Reconstruct W/O Advance — $3.8B (Lockheed Martin Services, LLC)
- THE Purpose of This Delivery Order Award IS to ADD Funding for FTI Telecommunications Services — $1.9B (Harris Corporation)
- Provide Funding for Clin 302 for Pre-Flight and In-Flight Services. Contract Number Dtfawa-05-C-00031, Lockheed Martin. POP 01/16/08-03/31/08 — $1.9B (Leidos, Inc.)
- Center for Advanced Aviation Development (caasd) Ffrdc Mitre — $1.7B (THE Mitre Corporation)
- Dafis UDO Reconstruct W/O Advance — $1.5B (Harris Corporation)