VA Awards $66M for Electrical Relocation Phase 2B at Manhattan VAMC to J Kokolakis Contracting

Contract Overview

Contract Amount: $66,033,617 ($66.0M)

Contractor: J Kokolakis Contracting Inc

Awarding Agency: Department of Veterans Affairs

Start Date: 2016-03-29

End Date: 2019-12-31

Contract Duration: 1,372 days

Daily Burn Rate: $48.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: CONSTRUCTION OF THE ELECTRICAL RELOCATION PHASE 2B AT VAMC MANHATTAN CAMPUS NEW YORK, NY "IGF::OT::IGF"

Place of Performance

Location: NEW YORK, NEW YORK County, NEW YORK, 10010

State: New York Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $66.0 million to J KOKOLAKIS CONTRACTING INC for work described as: CONSTRUCTION OF THE ELECTRICAL RELOCATION PHASE 2B AT VAMC MANHATTAN CAMPUS NEW YORK, NY "IGF::OT::IGF" Key points: 1. Significant contract value for electrical infrastructure upgrades. 2. J Kokolakis Contracting Inc. secured the award. 3. Full and open competition was utilized. 4. Project duration spans over three years.

Value Assessment

Rating: good

The contract value of $66 million for electrical relocation appears reasonable for a multi-year, complex construction project of this nature. Benchmarking against similar large-scale electrical infrastructure projects at federal facilities would provide further context.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The use of full and open competition suggests a robust price discovery process, allowing multiple qualified contractors to bid. This method is generally expected to yield competitive pricing.

Taxpayer Impact: The competitive bidding process aims to ensure taxpayer funds are used efficiently for necessary infrastructure improvements.

Public Impact

Ensures continued operation of critical medical services at the Manhattan VAMC. Modernizes aging electrical infrastructure, improving reliability and safety. Supports local employment through construction activities.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for cost overruns in complex construction projects.
Delays in project completion impacting facility operations.

Positive Signals

Awarded through full and open competition.
Clear project scope for electrical relocation.

Sector Analysis

This contract falls within the construction sector, specifically electrical contracting. Spending on facility modernization and infrastructure at federal medical centers is substantial and ongoing.

Small Business Impact

The data indicates that small business participation was not a specific set-aside or requirement for this contract, as 'sb' is false. Further analysis would be needed to determine if small businesses were involved as subcontractors.

Oversight & Accountability

Standard federal procurement oversight applies. The Department of Veterans Affairs is responsible for monitoring contract performance and ensuring compliance with terms and conditions.

Related Government Programs

Electrical Contractors and Other Wiring Installation Contractors
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Long project duration increases risk of scope creep and cost escalation.
Potential for unforeseen site conditions impacting schedule and budget.
Dependence on a single prime contractor for complex electrical work.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $66.0 million to J KOKOLAKIS CONTRACTING INC. CONSTRUCTION OF THE ELECTRICAL RELOCATION PHASE 2B AT VAMC MANHATTAN CAMPUS NEW YORK, NY "IGF::OT::IGF"

Who is the contractor on this award?

The obligated recipient is J KOKOLAKIS CONTRACTING INC.

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 $66.0 million.

What is the period of performance?

Start: 2016-03-29. End: 2019-12-31.

What was the final awarded price compared to the initial estimated cost?

The provided data shows the awarded amount as $66,033,616.63. Without the initial estimated cost or bid details from competitors, it's difficult to assess the efficiency of the price discovery. A comparison would reveal if the contract was awarded significantly above, below, or at the estimated value.

Are there any documented performance issues or disputes related to this contract?

The provided data does not contain information on performance issues or disputes. A review of contract performance reports, payment histories, and any official complaints or litigation would be necessary to assess any potential risks or problems encountered during the project's execution.

How does the duration and cost compare to similar VAMC electrical upgrade projects?

The project duration of 1372 days (approx. 3.75 years) and a cost of $66 million are substantial. Benchmarking against similar-sized VAMC electrical upgrade projects, considering factors like facility size, complexity, and location, would help determine if this represents a typical investment or an outlier.

Industry Classification

NAICS: Construction › Building Equipment Contractors › Electrical Contractors and Other Wiring Installation Contractors

Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTY › MAINT, ALTER, REPAIR NONBUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: VA101-15-R-0072

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1500 OCEAN AVE STE A, BOHEMIA, NY, 11716

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: $66,033,797

Exercised Options: $66,033,797

Current Obligation: $66,033,617

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline