NASA awards $27.7M contract for OSB Building II construction to Clancy & Theys Construction Co

Contract Overview

Contract Amount: $27,729,586 ($27.7M)

Contractor: Clancy & Theys Construction CO

Awarding Agency: National Aeronautics and Space Administration

Start Date: 2003-01-15

End Date: 2010-08-31

Contract Duration: 2,785 days

Daily Burn Rate: $10.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 6

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: CONSTRUCTION OF OSB BUILDING II

Place of Performance

Location: ORLANDO, BREVARD County, FLORIDA, 32899

State: Florida Government Spending

Plain-Language Summary

National Aeronautics and Space Administration obligated $27.7 million to CLANCY & THEYS CONSTRUCTION CO for work described as: CONSTRUCTION OF OSB BUILDING II Key points: 1. The contract value is $27.7 million, awarded by NASA. 2. Clancy & Theys Construction Co. secured the contract. 3. The project falls under Commercial and Institutional Building Construction. 4. The award date was January 15, 2003, with an end date of August 31, 2010. 5. The contract was awarded under full and open competition.

Value Assessment

Rating: fair

The contract value of $27.7 million for a large construction project appears within a reasonable range for similar institutional building projects. However, without specific details on the building's size, complexity, and location, a precise benchmark is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, suggesting a robust price discovery process. This method typically leads to competitive pricing as multiple qualified bidders submit proposals.

Taxpayer Impact: Full and open competition generally ensures taxpayer funds are used efficiently by driving down costs through market forces.

Public Impact

Construction of a significant facility for NASA's operations. Potential for job creation in the Florida region during the construction period. Impact on the local economy through material procurement and labor.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Long contract duration (2785 days) could indicate potential for cost overruns or scope creep.
  • Lack of specific details on the building's purpose and size makes it hard to assess value comprehensively.

Positive Signals

  • Awarded under full and open competition, indicating a competitive bidding process.
  • Firm Fixed Price contract type helps control costs and provides budget certainty.

Sector Analysis

This contract falls within the construction sector, specifically institutional building construction. Spending in this sector can vary significantly based on project scale, location, and economic conditions. NASA's infrastructure projects are typically large-scale and critical to its operations.

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

The contract was awarded by NASA, a federal agency with established oversight mechanisms. The duration and fixed-price nature suggest a degree of accountability for project completion within budget.

Related Government Programs

  • Commercial and Institutional Building Construction
  • National Aeronautics and Space Administration Contracting
  • National Aeronautics and Space Administration Programs

Risk Flags

  • Long contract duration.
  • Potential for scope creep over an extended project timeline.
  • Limited information on specific building requirements and final cost performance.
  • Lack of data on small business participation.

Tags

commercial-and-institutional-building-co, national-aeronautics-and-space-administr, fl, dca, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

National Aeronautics and Space Administration awarded $27.7 million to CLANCY & THEYS CONSTRUCTION CO. CONSTRUCTION OF OSB BUILDING II

Who is the contractor on this award?

The obligated recipient is CLANCY & THEYS CONSTRUCTION CO.

Which agency awarded this contract?

Awarding agency: National Aeronautics and Space Administration (National Aeronautics and Space Administration).

What is the total obligated amount?

The obligated amount is $27.7 million.

What is the period of performance?

Start: 2003-01-15. End: 2010-08-31.

What was the final cost compared to the initial bid or estimated cost?

The provided data does not include information on the initial bid or estimated cost, nor the final expenditure relative to the awarded amount. To assess value, a comparison of the awarded contract value ($27.7M) against the initial estimates and any change orders would be necessary.

Were there any significant delays or cost overruns during the contract period?

The contract duration was 2785 days (approximately 7.6 years), which is substantial for a construction project. While the data doesn't explicitly state delays or overruns, such a long period increases the inherent risk of scope changes, unforeseen site conditions, or market fluctuations impacting the final cost.

How does the cost per square foot compare to similar institutional buildings in Florida?

Without the building's square footage or detailed specifications, a cost-per-square-foot benchmark cannot be calculated. To assess this, one would need the total square footage of the OSB Building II and comparable data for similar NASA or government institutional buildings in the Florida region.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionCommercial and Institutional Building Construction

Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIESCONSTRUCTION OF BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Offers Received: 6

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: HSD

Contractor Details

Address: 516 W CABARRUS ST, RALEIGH, NC, 02

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $27,729,586

Exercised Options: $27,729,586

Current Obligation: $27,729,586

Timeline

Start Date: 2003-01-15

Current End Date: 2010-08-31

Potential End Date: 2010-08-31 00:00:00

Last Modified: 2011-05-06

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