DoD Awards $13.19M Construction Contract to Cornerstone General Contractors, Inc

Contract Overview

Contract Amount: $13,188,847 ($13.2M)

Contractor: Cornerstone General Contractors, Inc

Awarding Agency: Department of Defense

Start Date: 2005-07-27

End Date: 2006-12-11

Contract Duration: 502 days

Daily Burn Rate: $26.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 7

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Place of Performance

Location: FORT RICHARDSON, ANCHORAGE County, ALASKA, 99505

State: Alaska Government Spending

Plain-Language Summary

Department of Defense obligated $13.2 million to CORNERSTONE GENERAL CONTRACTORS, INC for work described as: Key points: 1. Contract awarded for heavy and civil engineering construction. 2. Full and open competition was utilized. 3. Firm fixed price contract type. 4. Project duration of 502 days. 5. No small business participation noted.

Value Assessment

Rating: fair

The award amount of $13.19 million for heavy and civil engineering construction appears reasonable given the project duration and scope. Benchmarking against similar large-scale construction projects would provide a more 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 robust price discovery process. This method typically leads to competitive pricing as multiple qualified contractors can bid.

Taxpayer Impact: Taxpayer funds were utilized through a competitive bidding process, aiming for cost-effectiveness in infrastructure development.

Public Impact

Infrastructure development in Alaska supported by federal funds. Potential for job creation through construction activities. Ensures facilities are built or improved to meet military needs.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of small business participation.
  • Potential for cost overruns in fixed-price contracts for complex projects.

Positive Signals

  • Competitive bidding process.
  • Clear project scope and duration.

Sector Analysis

This contract falls within the heavy and civil engineering construction sector, which is critical for infrastructure development. Spending in this sector can vary significantly based on government needs and economic conditions.

Small Business Impact

The contract data indicates that this award did not involve small business participation. Future contracts could explore set-aside opportunities to promote small business involvement in federal construction projects.

Oversight & Accountability

The award was made by the Department of the Army, part of the Department of Defense. Standard oversight mechanisms for federal construction contracts would apply, focusing on performance, quality, and adherence to terms.

Related Government Programs

  • Other Heavy and Civil Engineering Construction
  • Department of Defense Contracting
  • Department of the Army Programs

Risk Flags

  • No small business participation.
  • Potential for scope creep in fixed-price contracts.
  • Limited information on project specifics.
  • Geographic location (Alaska) may imply higher costs.

Tags

other-heavy-and-civil-engineering-constr, department-of-defense, ak, dca, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $13.2 million to CORNERSTONE GENERAL CONTRACTORS, INC. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is CORNERSTONE GENERAL CONTRACTORS, INC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Army).

What is the total obligated amount?

The obligated amount is $13.2 million.

What is the period of performance?

Start: 2005-07-27. End: 2006-12-11.

What specific construction project was this contract for, and what is its strategic importance to the Department of the Army in Alaska?

The specific nature of the construction project is not detailed in the provided data. However, given its location in Alaska and the awarding agency, it likely pertains to critical infrastructure, base facilities, or logistical support essential for military operations in the region. Understanding the project's purpose is key to assessing its true value beyond the monetary award.

Were there any performance issues or cost adjustments during the contract's execution, given it was a firm fixed-price contract?

The provided data does not include information on contract performance or any modifications. Firm fixed-price contracts aim to cap costs, but unforeseen issues can lead to change orders or disputes. A review of contract performance reports and modification history would be necessary to assess any deviations from the initial price and schedule.

How does the $13.19 million award compare to the estimated cost or budget for this type of construction project in Alaska?

Without knowing the specific project details and original budget, a direct comparison is difficult. However, $13.19 million for heavy civil engineering construction in Alaska, a high-cost region, suggests a substantial project. Benchmarking against similar projects in similar geographic areas would be required to determine if the award was cost-effective.

Industry Classification

NAICS: ConstructionOther Heavy and Civil Engineering ConstructionOther Heavy and Civil Engineering Construction

Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTYMAINT, ALTER, REPAIR BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SEALED BID

Offers Received: 7

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 212 E 51ST AVE, ANCHORAGE, AK, 00

Business Categories: Category Business, Not Designated a Small Business

Contract Characteristics

Cost or Pricing Data: NO

Timeline

Start Date: 2005-07-27

Current End Date: 2006-12-11

Potential End Date: 2006-12-11 00:00:00

Last Modified: 2008-01-16

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending