DHS Awards $34.5M for Transportation Security Facility Construction to Vic Thompson Company
Contract Overview
Contract Amount: $34,484,130 ($34.5M)
Contractor: VIC Thompson Company
Awarding Agency: Department of Homeland Security
Start Date: 2008-04-18
End Date: 2012-09-15
Contract Duration: 1,611 days
Daily Burn Rate: $21.4K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 3
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: TRANSPORTATION SECURITY INTEGRATION FACILITY
Place of Performance
Location: ARLINGTON, ARLINGTON County, VIRGINIA, 22202
State: Virginia Government Spending
Plain-Language Summary
Department of Homeland Security obligated $34.5 million to VIC THOMPSON COMPANY for work described as: TRANSPORTATION SECURITY INTEGRATION FACILITY Key points: 1. The contract value of $34.5 million is significant for a single construction project. 2. Vic Thompson Company secured this award through full and open competition. 3. The project falls under the Commercial and Institutional Building Construction sector. 4. Fixed-price contracts generally offer good value certainty for the government.
Value Assessment
Rating: good
The $34.5 million award for a transportation security facility appears reasonable given the scope of commercial building construction. Benchmarking against similar large-scale institutional construction projects would provide a more precise assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES,' indicating a competitive process that aimed to maximize participation. This method generally leads to better price discovery and value for the government.
Taxpayer Impact: The competitive award process is expected to ensure taxpayer funds are used efficiently for this significant infrastructure project.
Public Impact
Enhances national security infrastructure at transportation hubs. Supports job creation in the construction sector. Improves operational efficiency for the Transportation Security Administration.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for cost overruns in large construction projects.
- Dependence on a single contractor for project completion.
Positive Signals
- Firm Fixed Price contract provides cost certainty.
- Competitive bidding process likely secured a fair price.
Sector Analysis
This contract falls within the Commercial and Institutional Building Construction sector, which is a significant area of federal spending. Benchmarks for similar large-scale facilities would be necessary for a precise comparison.
Small Business Impact
The data indicates that small businesses were not primary awardees for this specific contract, as it was awarded to Vic Thompson Company. Further analysis would be needed to determine if small businesses participated as subcontractors.
Oversight & Accountability
The award was made by the Department of Homeland Security (Transportation Security Administration), suggesting established oversight mechanisms. The use of a definitive contract type implies a defined scope and timeline, aiding accountability.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Homeland Security Contracting
- Transportation Security Administration Programs
Risk Flags
- Long contract duration increases risk of cost escalation.
- Potential for unforeseen site conditions in construction.
- Dependence on a single prime contractor.
- Complexity of specialized security facility requirements.
Tags
commercial-and-institutional-building-co, department-of-homeland-security, va, definitive-contract, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Homeland Security awarded $34.5 million to VIC THOMPSON COMPANY. TRANSPORTATION SECURITY INTEGRATION FACILITY
Who is the contractor on this award?
The obligated recipient is VIC THOMPSON COMPANY.
Which agency awarded this contract?
Awarding agency: Department of Homeland Security (Transportation Security Administration).
What is the total obligated amount?
The obligated amount is $34.5 million.
What is the period of performance?
Start: 2008-04-18. End: 2012-09-15.
What is the typical cost per square foot for similar transportation security facilities to assess value?
Determining the typical cost per square foot for similar transportation security facilities requires access to detailed project specifications and market data. Factors like location, specific security features, and building size significantly influence per-square-foot costs. Without these specifics, a precise benchmark is difficult, but industry averages for institutional construction can range widely, often from $300 to $700 per square foot or more for specialized facilities.
What are the key performance indicators (KPIs) used to measure the success and effectiveness of this construction project?
Key performance indicators for this construction project likely include adherence to the project schedule, staying within the firm fixed price budget, quality of construction meeting specified standards, and successful completion of all functional requirements for a transportation security facility. Post-occupancy evaluations by the Transportation Security Administration would also assess operational effectiveness and user satisfaction.
Are there any identified risks related to the long duration of the contract (1611 days) and potential for scope creep?
A contract duration of 1611 days presents inherent risks, including potential for material cost escalation, labor market fluctuations, and evolving technological requirements. Scope creep is a significant risk; however, the firm fixed-price nature of the contract incentivizes the contractor to manage scope tightly. Robust change order management processes by the TSA are crucial to mitigate scope creep and control costs.
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 AFTER EXCLUSION OF SOURCES
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Offers Received: 3
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 2738 SE LOOP 820, FORT WORTH, TX, 76140
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Emerging Small Business, Manufacturer of Goods, Service Disabled Veteran Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business
Financial Breakdown
Contract Ceiling: $146,936,518
Exercised Options: $146,936,518
Current Obligation: $34,484,130
Contract Characteristics
Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED
Timeline
Start Date: 2008-04-18
Current End Date: 2012-09-15
Potential End Date: 2012-09-15 00:00:00
Last Modified: 2019-02-08
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