VA awards $22.9M contract for construction services to River City Construction LLC

Contract Overview

Contract Amount: $22,945,419 ($22.9M)

Contractor: River City Construction LLC

Awarding Agency: Department of Veterans Affairs

Start Date: 2009-06-24

End Date: 2013-10-25

Contract Duration: 1,584 days

Daily Burn Rate: $14.5K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 8

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: OR

Place of Performance

Location: COLUMBIA, CALLAWAY County, MISSOURI, 65201

State: Missouri Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $22.9 million to RIVER CITY CONSTRUCTION LLC for work described as: OR Key points: 1. Contract awarded to a single entity, River City Construction LLC. 2. The contract value is substantial at over $22.9 million. 3. The contract duration is over 4 years, indicating a significant project. 4. The sector is Commercial and Institutional Building Construction. 5. The award was made by the Department of Veterans Affairs.

Value Assessment

Rating: fair

The contract value of $22.9 million for a 4-year duration appears reasonable for a large construction project. Benchmarking against similar VA construction contracts would be necessary for a definitive assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. This method generally leads to better price discovery and potentially lower costs for the government.

Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by securing the best value through a competitive process.

Public Impact

Veterans will benefit from improved facilities or infrastructure resulting from this construction project. Local economy may see job creation and business opportunities due to the construction activities. The Department of Veterans Affairs will gain enhanced operational capabilities through the completed construction.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Commercial and Institutional Building Construction sector, which is a significant area of federal spending. Benchmarks for similar projects would typically consider factors like building size, complexity, and location.

Small Business Impact

The data indicates that small business participation was not a factor in this award (ss: false, sb: false). Further analysis would be needed to determine if opportunities were missed or if the project scope precluded small business involvement.

Oversight & Accountability

The contract was awarded by the Department of Veterans Affairs, which has established oversight mechanisms for its construction projects. However, the effectiveness of this oversight for this specific contract is not detailed in the provided data.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $22.9 million to RIVER CITY CONSTRUCTION LLC. OR

Who is the contractor on this award?

The obligated recipient is RIVER CITY CONSTRUCTION LLC.

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 $22.9 million.

What is the period of performance?

Start: 2009-06-24. End: 2013-10-25.

What was the specific scope of work for this construction contract, and how does it align with the VA's mission to serve veterans?

The provided data does not detail the specific scope of work. However, construction contracts awarded by the VA typically involve building, renovating, or repairing healthcare facilities, administrative buildings, or other infrastructure essential for providing services to veterans. Understanding the exact nature of the construction would clarify its direct impact on veteran care and operational efficiency.

Were there any performance issues or cost overruns during the contract's execution, given its 4-year duration?

The provided data does not include information on contract performance or cost overruns. A comprehensive review would require access to contract performance reports, payment histories, and any modification records. Long-term construction projects inherently carry risks of unforeseen issues that could impact schedule and budget, necessitating diligent oversight.

How did the final price compare to the initial bid and the estimated cost, and what factors influenced any deviations?

The data does not provide details on the bidding process beyond 'full and open competition' or the final price relative to estimates. To assess value, one would need to compare the awarded price ($22.9M) against the initial bids received and any independent government cost estimates. Understanding any contract modifications or change orders would also be crucial in explaining price deviations.

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: 8

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 101 HOFFER LN, EAST PEORIA, IL, 16

Business Categories: Category Business, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $22,945,419

Exercised Options: $22,945,419

Current Obligation: $22,945,419

Timeline

Start Date: 2009-06-24

Current End Date: 2013-10-25

Potential End Date: 2013-10-25 00:00:00

Last Modified: 2014-01-08

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