DOT Awards $10.95M for Highway Construction to Rice-Kilroy Construction Company Inc

Contract Overview

Contract Amount: $10,954,013 ($11.0M)

Contractor: Rice-Kilroy Construction Company Inc.

Awarding Agency: Department of Transportation

Start Date: 2004-02-23

End Date: 2006-10-14

Contract Duration: 964 days

Daily Burn Rate: $11.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 4

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: HIGHWAY CONSTRUCTION

Place of Performance

Location: MONTANA

State: Montana Government Spending

Plain-Language Summary

Department of Transportation obligated $11.0 million to RICE-KILROY CONSTRUCTION COMPANY INC. for work described as: HIGHWAY CONSTRUCTION Key points: 1. Contract value of $10.95 million for highway construction. 2. Awarded to Rice-Kilroy Construction Company Inc. 3. Procured under full and open competition. 4. Contract duration of 964 days.

Value Assessment

Rating: fair

The contract value of $10.95 million for highway construction appears within a reasonable range for a project of this scope. Benchmarking against similar federal highway projects would provide a more precise assessment of value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a robust price discovery process. This method typically leads to competitive pricing as multiple bidders vie for the contract.

Taxpayer Impact: Full and open competition generally ensures taxpayer funds are used efficiently by fostering a competitive bidding environment.

Public Impact

Supports infrastructure development and maintenance in Montana. Creates jobs in the construction sector. Ensures safe and efficient transportation networks.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the broader highway, street, and bridge construction sector. Federal spending in this area is crucial for national transportation networks and economic activity, with significant annual outlays.

Small Business Impact

The data does not indicate if small businesses were involved as subcontractors. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

Oversight would typically be managed by the Federal Highway Administration to ensure compliance with contract terms, quality standards, and timely completion.

Related Government Programs

Risk Flags

Tags

highway-street-and-bridge-construction, department-of-transportation, mt, dca, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Transportation awarded $11.0 million to RICE-KILROY CONSTRUCTION COMPANY INC.. HIGHWAY CONSTRUCTION

Who is the contractor on this award?

The obligated recipient is RICE-KILROY CONSTRUCTION COMPANY INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $11.0 million.

What is the period of performance?

Start: 2004-02-23. End: 2006-10-14.

What was the competitive landscape like for this specific highway construction project?

The contract was awarded under full and open competition, indicating that multiple qualified contractors had the opportunity to bid. The number of bids received (4) suggests a moderate level of interest, but further details on bid amounts and the winning bid's competitiveness would be needed for a complete assessment of the competitive landscape.

What are the primary risks associated with this fixed-price contract for highway construction?

The primary risks for a fixed-price contract in highway construction include potential cost overruns due to unforeseen site conditions, material price fluctuations, or labor disputes. If these issues arise, the contractor may incur losses, or the government might face pressure to approve change orders, potentially increasing the overall cost.

How effectively does this contract contribute to the Federal Highway Administration's mission?

This contract directly contributes to the FHWA's mission by funding essential highway, street, and bridge construction. Successful completion will improve transportation infrastructure, enhance safety, and support economic activity in Montana, aligning with the agency's goals of maintaining and improving the nation's highways.

Industry Classification

NAICS: ConstructionHighway, Street, and Bridge ConstructionHighway, Street, and Bridge Construction

Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIESCONSTRUCT NONBUILDING FACILITIES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Offers Received: 4

Pricing Type: FIRM FIXED PRICE (J)

Contractor Details

Address: 5028 HWY 26 WEST, DUBOIS, WY, 00

Business Categories: Category Business, Small Business

Financial Breakdown

Contract Ceiling: $10,954,013

Exercised Options: $10,954,013

Current Obligation: $10,954,013

Contract Characteristics

Cost or Pricing Data: NO

Timeline

Start Date: 2004-02-23

Current End Date: 2006-10-14

Potential End Date: 2006-10-14 00:00:00

Last Modified: 2008-02-13

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