GIBBS CONSTRUCTION Awarded $24.3M for U.S. Custom House Tenant Improvements Under Full and Open Competition

Contract Overview

Contract Amount: $24,295,967 ($24.3M)

Contractor: Gibbs Construction, L.L.C

Awarding Agency: General Services Administration

Start Date: 2009-11-23

End Date: 2011-10-18

Contract Duration: 694 days

Daily Burn Rate: $35.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: TENANT IMPROVEMENTS, U. S. CUSTOM HOUSE

Place of Performance

Location: NEW ORLEANS, ORLEANS County, LOUISIANA, 70130

State: Louisiana Government Spending

Plain-Language Summary

General Services Administration obligated $24.3 million to GIBBS CONSTRUCTION, L.L.C for work described as: TENANT IMPROVEMENTS, U. S. CUSTOM HOUSE Key points: 1. The contract value of $24.3 million for tenant improvements is substantial, indicating a significant project scope. 2. Full and open competition was utilized, suggesting a potentially competitive bidding process. 3. The project falls within the Commercial and Institutional Building Construction sector. 4. The award date of 2009 and completion date of 2011 suggest a project duration of nearly two years.

Value Assessment

Rating: fair

The contract value of $24.3 million for tenant improvements is a significant investment. Without specific benchmarks for similar GSA Custom House renovations, it's difficult to definitively assess pricing, but the amount suggests a complex scope of work.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which typically allows for the widest possible range of bidders and can lead to more competitive pricing. The General Services Administration (GSA) likely sought multiple bids to ensure fair market value.

Taxpayer Impact: Full and open competition generally benefits taxpayers by fostering a competitive environment that can drive down costs and improve the quality of services received.

Public Impact

Upgrades to a federal building like the U.S. Custom House can improve operational efficiency and employee working conditions. The construction project likely created jobs in the local Louisiana economy. The investment in federal infrastructure demonstrates a commitment to maintaining government facilities.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under Commercial and Institutional Building Construction, a sector involving significant investment in public infrastructure. Benchmarks for similar federal building renovations would be needed for a precise comparison, but $24.3 million is a considerable sum for tenant improvements.

Small Business Impact

The data indicates that this contract was not awarded to a small business (sb: false). Therefore, there is no direct benefit to small businesses from this specific award.

Oversight & Accountability

The General Services Administration (GSA) is responsible for managing federal buildings. Oversight would involve ensuring the construction meets specifications, stays within budget, and adheres to timelines. The Public Buildings Service (PBS) within GSA would likely be involved.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, general-services-administration, la, dca, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $24.3 million to GIBBS CONSTRUCTION, L.L.C. TENANT IMPROVEMENTS, U. S. CUSTOM HOUSE

Who is the contractor on this award?

The obligated recipient is GIBBS CONSTRUCTION, L.L.C.

Which agency awarded this contract?

Awarding agency: General Services Administration (Public Buildings Service).

What is the total obligated amount?

The obligated amount is $24.3 million.

What is the period of performance?

Start: 2009-11-23. End: 2011-10-18.

What specific improvements were included in the $24.3 million contract, and how do they align with the building's operational needs?

The contract details for 'tenant improvements' are not fully specified in the provided data. A comprehensive analysis would require access to the contract's statement of work to understand the scope, such as office space reconfiguration, HVAC upgrades, or technological infrastructure enhancements. Understanding these specifics is crucial for evaluating if the investment directly supports the U.S. Custom House's functional requirements and long-term operational efficiency.

What were the key factors that led to the $24.3 million cost, and were there any cost-saving measures implemented?

The $24.3 million cost is attributed to tenant improvements within the U.S. Custom House, awarded to Gibbs Construction. Factors influencing this cost likely include the scale of renovations, materials used, labor, and compliance with federal building standards. Without detailed project documentation, it's difficult to identify specific cost-saving measures. However, the use of 'Firm Fixed Price' suggests an effort to cap costs, though the initial bid and scope definition are critical.

How effectively did the full and open competition process ensure value for taxpayer money in this $24.3 million contract?

Full and open competition is designed to maximize the number of potential bidders, thereby fostering a competitive environment that can lead to lower prices and better value. For this $24.3 million contract, the GSA's adherence to this procurement method suggests an intent to secure competitive bids. However, the ultimate effectiveness in ensuring taxpayer value depends on the thoroughness of the bidding process, the quality of the proposals received, and the final negotiated price against the project's scope and estimated costs.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionCommercial and Institutional Building Construction

Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTYMAINT, ALTER, REPAIR BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: GS-07P-09-HH-C-0103

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 5736 CITRUS BLVD STE 200, HARAHAN, LA, 01

Business Categories: Category Business, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $24,295,967

Exercised Options: $24,295,967

Current Obligation: $24,295,967

Timeline

Start Date: 2009-11-23

Current End Date: 2011-10-18

Potential End Date: 2011-10-18 00:00:00

Last Modified: 2011-08-30

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