VA Awards $45.4M for Construction to Turner Construction Company via Full and Open Competition

Contract Overview

Contract Amount: $45,363,696 ($45.4M)

Contractor: Turner Construction Company

Awarding Agency: Department of Veterans Affairs

Start Date: 2009-09-30

End Date: 2013-07-31

Contract Duration: 1,400 days

Daily Burn Rate: $32.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 17

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: CLC

Place of Performance

Location: ORLANDO, ORANGE County, FLORIDA, 32801

State: Florida Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $45.4 million to TURNER CONSTRUCTION COMPANY for work described as: CLC Key points: 1. Significant contract value of $45.4 million awarded. 2. Turner Construction Company secured the contract. 3. Procurement utilized full and open competition. 4. Contract duration spans over 1400 days.

Value Assessment

Rating: fair

The contract value of $45.4 million for commercial and institutional building construction appears substantial. Without specific benchmarks for similar VA projects in Florida, a precise pricing assessment is difficult, but the duration suggests a large-scale undertaking.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, indicating a broad solicitation process. This method generally promotes competitive pricing and allows for a wide range of qualified contractors to bid, potentially leading to better value for the government.

Taxpayer Impact: Full and open competition aims to ensure taxpayer funds are used efficiently by fostering a competitive environment that drives down costs and improves service delivery.

Public Impact

Impacts construction sector in Florida. Potential for job creation and economic activity. Ensures facilities are built or improved for veterans' needs.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Long contract duration could lead to cost overruns if not managed effectively.
  • Potential for scope creep over the extended performance period.
  • Reliance on a single contractor for an extended period.

Positive Signals

  • Full and open competition suggests a robust bidding process.
  • Firm Fixed Price contract provides cost certainty.
  • Awarded to a known entity, potentially reducing initial startup risks.

Sector Analysis

This contract falls under Commercial and Institutional Building Construction, a significant sector for infrastructure development. Spending benchmarks vary widely based on project scope, location, and specific construction needs, but large-scale projects like this represent substantial investment.

Small Business Impact

While the contract was awarded through full and open competition, there is no specific indication of small business participation or subcontracting goals within the provided data. Further analysis would be needed to determine the extent of small business involvement.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract. Standard oversight mechanisms would include regular progress reviews, site inspections, and financial audits to ensure compliance with contract terms and quality standards.

Related Government Programs

  • Commercial and Institutional Building Construction
  • Department of Veterans Affairs Contracting
  • Department of Veterans Affairs Programs

Risk Flags

  • Long contract duration increases risk of cost overruns and scope creep.
  • Lack of detail on small business participation.
  • Potential for contractor performance issues over an extended period.
  • Need for robust oversight to manage a large-scale, long-term project.

Tags

commercial-and-institutional-building-co, department-of-veterans-affairs, fl, dca, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $45.4 million to TURNER CONSTRUCTION COMPANY. CLC

Who is the contractor on this award?

The obligated recipient is TURNER CONSTRUCTION COMPANY.

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 $45.4 million.

What is the period of performance?

Start: 2009-09-30. End: 2013-07-31.

What specific construction services were rendered under this contract?

The provided data indicates the contract was for 'Commercial and Institutional Building Construction' (NAICS 236220) and was awarded to Turner Construction Company by the Department of Veterans Affairs. However, the specific nature of the construction (e.g., new building, renovation, specific facility type) is not detailed. Further information would be required to understand the exact scope of work performed.

How did the final price compare to initial estimates given the long duration?

The contract was awarded with a Firm Fixed Price (FFP) structure, which generally aims to lock in costs. However, the long duration (1400 days) presents a risk for potential cost escalations if not managed meticulously. Without pre-award estimates or post-award cost data, it's impossible to definitively assess the price comparison, but FFP contracts are designed to mitigate this risk for the government.

What was the competitive landscape like for this specific construction project?

The contract was awarded under 'Full and Open Competition,' suggesting that multiple bids were likely received from various construction firms. This method is intended to foster a competitive environment, theoretically leading to the best value and price for the government. The specific number of bidders or the range of bids is not provided.

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

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 17

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Hochtief AG (UEI: 315922807)

Address: 800 N MAGNOLIA AVE STE 500, ORLANDO, FL, 90

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

Financial Breakdown

Contract Ceiling: $45,363,696

Exercised Options: $45,363,696

Current Obligation: $45,363,696

Timeline

Start Date: 2009-09-30

Current End Date: 2013-07-31

Potential End Date: 2013-07-31 00:00:00

Last Modified: 2014-09-24

More Contracts from Turner Construction Company

View all Turner Construction Company federal contracts →

Other Department of Veterans Affairs Contracts

View all Department of Veterans Affairs contracts →

Explore Related Government Spending