DoD awards $13.77M for Airfield Repairs at NAS Whiting Field to Hedgecock Electric Inc
Contract Overview
Contract Amount: $13,771,540 ($13.8M)
Contractor: Hedgecock Electric Inc
Awarding Agency: Department of Defense
Start Date: 2008-08-29
End Date: 2012-09-03
Contract Duration: 1,466 days
Daily Burn Rate: $9.4K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 3
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: AIRFIELD REPAIRS AT NAS WHITING FIELD
Place of Performance
Location: MILTON, SANTA ROSA County, FLORIDA, 32570
State: Florida Government Spending
Plain-Language Summary
Department of Defense obligated $13.8 million to HEDGECOCK ELECTRIC INC for work described as: AIRFIELD REPAIRS AT NAS WHITING FIELD Key points: 1. The contract was awarded under full and open competition, suggesting a competitive bidding process. 2. Hedgecock Electric Inc. secured this award, indicating their capability in electrical contracting. 3. The contract duration of 1466 days highlights a significant, long-term project. 4. The total award amount is $13.77 million, representing substantial federal investment. 5. The project falls under the 'Electrical Contractors and Other Wiring Installation Contractors' NAICS code.
Value Assessment
Rating: fair
The award amount of $13.77 million for airfield repairs appears to be a significant investment. Benchmarking against similar airfield repair contracts would be necessary to definitively assess its value.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded through full and open competition, which typically fosters competitive pricing. The number of bids received (3) is on the lower side, which might suggest some limitations in the bidding pool or market conditions.
Taxpayer Impact: Taxpayers benefit from the competitive bidding process, which aims to secure the best possible price for the required services.
Public Impact
Ensures operational readiness of a key naval aviation training facility. Supports infrastructure maintenance critical for national defense. Provides employment opportunities within the construction and electrical contracting sectors. Contributes to the local economy in Florida through project execution.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Limited number of bids received (3) could indicate potential competition issues.
- Long contract duration might lead to cost overruns if not managed effectively.
Positive Signals
- Awarded through full and open competition.
- Supports critical military infrastructure.
Sector Analysis
This contract falls within the construction and infrastructure sector, specifically focusing on electrical contracting for airfield repairs. Spending benchmarks for similar airfield maintenance projects would provide further context on the pricing.
Small Business Impact
The contract was not awarded to a small business, as indicated by 'sb: false'. This suggests that larger, established firms were better positioned to compete for and execute this project.
Oversight & Accountability
The Department of the Navy, under the Department of Defense, is responsible for overseeing this contract. Standard procurement regulations and oversight mechanisms would be in place to ensure proper execution and accountability.
Related Government Programs
- Electrical Contractors and Other Wiring Installation Contractors
- Department of Defense Contracting
- Department of the Navy Programs
Risk Flags
- Limited competition (3 bids)
- Long contract duration
- Potential for price escalation
- No small business participation
Tags
electrical-contractors-and-other-wiring-, department-of-defense, fl, definitive-contract, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $13.8 million to HEDGECOCK ELECTRIC INC. AIRFIELD REPAIRS AT NAS WHITING FIELD
Who is the contractor on this award?
The obligated recipient is HEDGECOCK ELECTRIC INC.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Navy).
What is the total obligated amount?
The obligated amount is $13.8 million.
What is the period of performance?
Start: 2008-08-29. End: 2012-09-03.
What was the basis for the 'br' value of 9394, and how does it relate to the contract's value and scope?
The 'br' value of 9394 is likely a benchmark or reference point used internally by the agency, possibly related to a cost estimate or a previous similar project's value. Without further context or agency documentation, its precise meaning and relation to the $13.77 million award are unclear. It could represent a normalized cost per unit of work or a historical pricing index.
Given the long duration, what are the primary risks associated with price escalation and material availability?
The primary risks associated with a 1466-day contract duration include significant price escalation for materials and labor over time, especially in volatile economic conditions. Material availability can also become a concern due to supply chain disruptions or changes in manufacturing. Effective contract management, including clauses for price adjustments and proactive supplier engagement, is crucial to mitigate these risks.
How effectively did the 'full and open competition' process ensure optimal value for taxpayers, considering only three bids were received?
While 'full and open competition' is designed to maximize value, receiving only three bids suggests potential limitations in market reach or contractor interest. This could mean that the competitive pressure was less intense than ideal, potentially impacting the final price. Further analysis of the bid amounts and the agency's pre-solicitation market research would be needed to fully assess the value achieved for taxpayers.
Industry Classification
NAICS: Construction › Building Equipment Contractors › Electrical Contractors and Other Wiring Installation Contractors
Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIES › CONSTRUCTION OF BUILDINGS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Solicitation ID: N6945008R8003
Offers Received: 3
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 7684 KIPLING ST, PENSACOLA, FL, 32514
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $13,771,540
Exercised Options: $13,771,540
Current Obligation: $13,771,540
Contract Characteristics
Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED
Cost or Pricing Data: NO
Timeline
Start Date: 2008-08-29
Current End Date: 2012-09-03
Potential End Date: 2012-09-03 00:00:00
Last Modified: 2021-07-30
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