Coast Guard awards $23.3M design-build contract for New Orleans Sector facility to IKBI, Inc
Contract Overview
Contract Amount: $23,278,324 ($23.3M)
Contractor: Ikbi, Incorporated
Awarding Agency: Department of Homeland Security
Start Date: 2008-06-11
End Date: 2010-10-15
Contract Duration: 856 days
Daily Burn Rate: $27.2K/day
Competition Type: NOT AVAILABLE FOR COMPETITION
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: DESIGN-BUILD SERVICES TO CONSTRUCT U. S. COAST GUARD SECTOR NEW ORLEANS FULL OPERATING CAPABILITY, NEW ORLEANS, LA
Place of Performance
Location: NEW ORLEANS, ORLEANS County, LOUISIANA, 70117
Plain-Language Summary
Department of Homeland Security obligated $23.3 million to IKBI, INCORPORATED for work described as: DESIGN-BUILD SERVICES TO CONSTRUCT U. S. COAST GUARD SECTOR NEW ORLEANS FULL OPERATING CAPABILITY, NEW ORLEANS, LA Key points: 1. The contract is for a design-build project to establish full operating capability for the U.S. Coast Guard Sector New Orleans. 2. IKBI, Inc. was awarded the definitive contract, valued at $23,278,324. 3. The contract was not available for competition, raising potential concerns about price discovery. 4. The project falls under the Commercial and Institutional Building Construction sector.
Value Assessment
Rating: questionable
The contract value of $23.3 million for a design-build facility needs comparison against similar construction projects. Without benchmark data, assessing if this price is competitive or excessive is difficult.
Cost Per Unit: N/A
Competition Analysis
Competition Level: limited
The contract was not available for competition, indicating a limited competition approach. This lack of competition may have impacted the government's ability to secure the best possible price.
Taxpayer Impact: The absence of robust competition could lead to taxpayers potentially overpaying for the construction services.
Public Impact
Construction of a new U.S. Coast Guard facility in New Orleans. Project aims to enhance operational capabilities for the Coast Guard in the region. Potential for local economic impact through construction jobs and related services. Ensures a critical infrastructure upgrade for national security and maritime safety.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Limited competition
- Lack of benchmark data for value assessment
Positive Signals
- Definitive contract awarded
- Clear project scope for operational capability
Sector Analysis
This contract falls within the Commercial and Institutional Building Construction sector. Spending in this sector can vary widely based on project complexity, location, and market conditions. Benchmarks are crucial for evaluating cost-effectiveness.
Small Business Impact
The provided data does not indicate whether small businesses were involved in this contract, either as prime contractors or subcontractors. Further analysis would be needed to determine small business participation.
Oversight & Accountability
The contract was awarded by the Department of Homeland Security (U.S. Coast Guard). Oversight would typically involve monitoring project progress, quality, and adherence to contract terms to ensure accountability.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Homeland Security Contracting
- U.S. Coast Guard Programs
Risk Flags
- Limited competition may lead to higher costs.
- Lack of clear justification for limited competition.
- Potential for price not being optimized due to lack of bidding.
- Absence of small business participation data.
Tags
commercial-and-institutional-building-co, department-of-homeland-security, la, definitive-contract, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Homeland Security awarded $23.3 million to IKBI, INCORPORATED. DESIGN-BUILD SERVICES TO CONSTRUCT U. S. COAST GUARD SECTOR NEW ORLEANS FULL OPERATING CAPABILITY, NEW ORLEANS, LA
Who is the contractor on this award?
The obligated recipient is IKBI, INCORPORATED.
Which agency awarded this contract?
Awarding agency: Department of Homeland Security (U.S. Coast Guard).
What is the total obligated amount?
The obligated amount is $23.3 million.
What is the period of performance?
Start: 2008-06-11. End: 2010-10-15.
What is the justification for limiting competition on this design-build contract?
The justification for limiting competition is not provided in the data. Typically, justifications for sole-source or limited competition contracts include factors like urgency, unique capabilities of a specific contractor, or specific government requirements that only one entity can meet. Without this information, it's difficult to assess the necessity of the limited competition approach.
What are the potential risks associated with a design-build contract awarded with limited competition?
The primary risk of limited competition is the potential for inflated pricing due to a lack of market pressure. It can also reduce the incentive for the contractor to innovate or deliver exceptional value, as they may face less scrutiny compared to a fully competitive environment. This can lead to suboptimal cost outcomes for the government.
How will the effectiveness of this facility be measured post-construction?
The effectiveness of the facility will likely be measured by its ability to support the U.S. Coast Guard's 'full operating capability' as intended. This could involve metrics related to operational readiness, response times, personnel capacity, and the successful execution of the Coast Guard's mission in Sector New Orleans. Post-occupancy evaluations may also be conducted.
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: NOT AVAILABLE FOR COMPETITION
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: Ikbi Incorporated
Address: 300 CHOCTAW TOWN CTR #302, PHILADELPHIA, MS, 39350
Business Categories: 8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, Government, HUBZone Firm, Native American Tribal Government, Minority Owned Business, Native American Owned Business, Small Business, Small Disadvantaged Business, Special Designations, Tribally Owned Firm
Financial Breakdown
Contract Ceiling: $23,278,324
Exercised Options: $23,278,324
Current Obligation: $23,278,324
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Timeline
Start Date: 2008-06-11
Current End Date: 2010-10-15
Potential End Date: 2010-10-15 00:00:00
Last Modified: 2025-08-18
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