VA awards $104.5M to STUDIO NOVA LP for Architectural Services over 10 years via Full and Open Competition

Contract Overview

Contract Amount: $104,534,802 ($104.5M)

Contractor: Studio Nova LP

Awarding Agency: Department of Veterans Affairs

Start Date: 2008-04-14

End Date: 2018-11-15

Contract Duration: 3,867 days

Daily Burn Rate: $27.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 5

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: NOLA

Place of Performance

Location: SEATTLE, KING County, WASHINGTON, 98109

State: Washington Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $104.5 million to STUDIO NOVA LP for work described as: NOLA Key points: 1. Significant contract value of $104.5M awarded to STUDIO NOVA LP. 2. Full and Open Competition was utilized, suggesting a competitive bidding process. 3. The contract spans a decade, indicating a long-term need for architectural services. 4. The award is for Architectural Services (NAICS 541310), a common government requirement. 5. The contract type is Firm Fixed Price, providing cost certainty for the VA.

Value Assessment

Rating: good

The contract value of $104.5M over 10 years for architectural services appears reasonable given the duration and scope. Benchmarking against similar large-scale architectural contracts for federal agencies would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The use of Full and Open Competition indicates that multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and allows the agency to select the best value offer.

Taxpayer Impact: The competitive nature of the award suggests taxpayers likely received a fair price for the architectural services rendered over the contract's lifespan.

Public Impact

Veterans will benefit from improved facilities designed through these architectural services. The long-term nature of the contract provides stability for the contractor and ensures continuity of services. Taxpayer funds are being utilized for essential government infrastructure and facility development. The use of a competitive process aims to ensure efficient use of public funds.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Contract duration of 10 years may warrant periodic review to ensure continued alignment with VA needs.
  • Lack of specific small business participation noted, though not explicitly required by contract type.

Positive Signals

  • Full and Open Competition utilized.
  • Firm Fixed Price contract type offers cost predictability.
  • Long-term award indicates sustained need and potential for strong performance.

Sector Analysis

Architectural services are crucial for government agencies to design, renovate, and maintain facilities. Spending in this sector can fluctuate based on infrastructure needs and budget allocations. This contract represents a significant investment in facility development for the VA.

Small Business Impact

The data does not explicitly indicate small business participation. While the contract was awarded through Full and Open Competition, further analysis would be needed to determine if small businesses were involved as prime contractors or subcontractors.

Oversight & Accountability

The award was made by the Department of Veterans Affairs, indicating internal oversight. The contract's duration and value suggest it would be subject to standard federal procurement regulations and oversight mechanisms.

Related Government Programs

  • Architectural Services
  • Department of Veterans Affairs Contracting
  • Department of Veterans Affairs Programs

Risk Flags

  • Long contract duration (10 years).
  • Significant contract value ($104.5M).
  • Lack of specific detail on project outcomes.
  • No explicit mention of small business utilization.

Tags

architectural-services, department-of-veterans-affairs, wa, definitive-contract, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $104.5 million to STUDIO NOVA LP. NOLA

Who is the contractor on this award?

The obligated recipient is STUDIO NOVA LP.

Which agency awarded this contract?

Awarding agency: Department of Veterans Affairs (Department of Veterans Affairs).

What is the total obligated amount?

The obligated amount is $104.5 million.

What is the period of performance?

Start: 2008-04-14. End: 2018-11-15.

What specific types of architectural projects were undertaken under this contract, and did they align with the VA's strategic facility goals?

The provided data does not detail the specific architectural projects. To assess value, one would need to review project scope, deliverables, and their alignment with the VA's facility modernization and expansion plans. Understanding the nature of the projects (e.g., new construction, renovation, specialized healthcare facilities) is key to evaluating the $104.5M expenditure.

Were there any performance issues or contract modifications that significantly altered the initial scope or cost during the 10-year period?

The data indicates a definitive contract awarded in 2008 and ending in 2018, with a total award value. Without access to contract modification history or performance reviews, it's difficult to assess risks related to scope creep or cost overruns. A review of contract actions would be necessary to identify any significant changes or challenges.

How did the final cost compare to initial estimates or bids received during the Full and Open Competition process?

The data shows the total award value ($104.5M) but not the initial estimates or the range of bids received. To evaluate effectiveness, a comparison of the final award price against the competitive bids would be informative. This would help determine if the competitive process successfully secured optimal pricing for the government.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesArchitectural, Engineering, and Related ServicesArchitectural Services

Product/Service Code: ARCHITECT/ENGINEER SERVICESARCH-ENG SVCS - CONSTRUCTION

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: ARCHITECT-ENGINEER FAR 6.102

Offers Received: 5

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 223 YALE AVENUE, SEATTLE, WA, 98109

Business Categories: Category Business, Not Designated a Small Business, Partnership or Limited Liability Partnership

Financial Breakdown

Contract Ceiling: $104,534,802

Exercised Options: $104,534,802

Current Obligation: $104,534,802

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Timeline

Start Date: 2008-04-14

Current End Date: 2018-11-15

Potential End Date: 2018-11-15 00:00:00

Last Modified: 2018-12-18

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