DoD Awards $16.8M for Barracks Renovation in Kentucky to Signature Renovations LLC
Contract Overview
Contract Amount: $16,806,087 ($16.8M)
Contractor: Signature Renovations LLC
Awarding Agency: Department of Defense
Start Date: 2023-10-15
End Date: 2025-10-17
Contract Duration: 733 days
Daily Burn Rate: $22.9K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 5
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: FIP D/B VOLAR BARRACK B-4039
Place of Performance
Location: FORT CAMPBELL, CHRISTIAN County, KENTUCKY, 42223
State: Kentucky Government Spending
Plain-Language Summary
Department of Defense obligated $16.8 million to SIGNATURE RENOVATIONS LLC for work described as: FIP D/B VOLAR BARRACK B-4039 Key points: 1. Significant contract value for a single construction project. 2. Competition method suggests potential for price discovery, but exclusion of sources warrants scrutiny. 3. Risk associated with project duration and firm-fixed-price contract. 4. Construction sector spending is substantial, but specific benchmarks for barracks renovation are needed.
Value Assessment
Rating: fair
The contract value of $16.8M for a barracks renovation appears substantial. Without specific per-unit cost data or benchmarks for similar military construction projects, a precise pricing assessment is difficult. However, the scale suggests a significant investment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: limited
The contract was awarded using 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES.' This method implies that while competition was sought, certain sources were intentionally excluded, potentially limiting the breadth of price discovery and the number of bidders.
Taxpayer Impact: Taxpayer funds are being utilized for this renovation. The limited competition may impact the final price, potentially leading to a higher cost than if full and open competition had been maintained.
Public Impact
Impacts soldiers by improving living conditions in barracks. Supports the local economy in Kentucky through construction jobs and material sourcing. Demonstrates federal investment in military infrastructure maintenance and upgrades.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Limited competition method
- Long project duration (733 days)
- Firm Fixed Price contract risk
Positive Signals
- Addresses critical infrastructure need (barracks renovation)
- Awarded to a specific company for a defined scope
Sector Analysis
This contract falls within the Commercial and Institutional Building Construction sector. Federal spending in this area is consistently high, driven by infrastructure needs across various agencies. Benchmarks for barracks renovation specifically would provide better context for this $16.8M award.
Small Business Impact
The data does not indicate whether small businesses were involved as prime contractors or subcontractors. Further analysis would be needed to determine the extent of small business participation in this contract.
Oversight & Accountability
Oversight will be crucial given the project's duration and the limited competition. The Department of the Army is responsible for ensuring the contractor meets performance standards and that funds are used efficiently and effectively.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Defense Contracting
- Department of the Army Programs
Risk Flags
- Limited competition may lead to higher costs.
- Long project duration increases risk of delays and cost overruns.
- Firm Fixed Price contract could be problematic if contractor faces unforeseen cost increases.
- Lack of detail on small business participation.
Tags
commercial-and-institutional-building-co, department-of-defense, ky, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $16.8 million to SIGNATURE RENOVATIONS LLC. FIP D/B VOLAR BARRACK B-4039
Who is the contractor on this award?
The obligated recipient is SIGNATURE RENOVATIONS LLC.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Army).
What is the total obligated amount?
The obligated amount is $16.8 million.
What is the period of performance?
Start: 2023-10-15. End: 2025-10-17.
What is the estimated cost savings or benefit achieved by excluding specific sources during the competition phase?
The rationale for excluding sources needs to be clearly documented and justified. Without this information, it's impossible to determine if the exclusion led to any cost savings or specific benefits. It could potentially increase costs by limiting the bidder pool. A review of the justification for exclusion is recommended.
How does the firm-fixed-price structure mitigate or exacerbate risks given the project's two-year duration?
A firm-fixed-price contract shifts most of the risk to the contractor, which can be beneficial for the government if costs are well-estimated. However, for a long-duration project like this (733 days), unforeseen material cost increases or labor shortages could strain the contractor, potentially leading to claims or performance issues if not managed proactively.
What are the key performance indicators (KPIs) for this barracks renovation, and how will their achievement be measured?
Key performance indicators likely include timely completion, adherence to quality standards for construction and materials, and meeting safety regulations. The Department of the Army's contracting officer's representative (COR) will be responsible for monitoring progress against the contract schedule and inspecting the work to ensure it meets specifications and quality requirements.
Industry Classification
NAICS: Construction › Nonresidential Building Construction › Commercial and Institutional Building Construction
Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTY › MAINT, ALTER, REPAIR NONBUILDINGS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: W9124823R0001
Offers Received: 5
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 1779 OLIVE ST, CAPITOL HEIGHTS, MD, 20743
Business Categories: Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, HUBZone Firm, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Indian (Subcontinent) American Owned Business, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $16,806,087
Exercised Options: $16,806,087
Current Obligation: $16,806,087
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: W9124823D3015
IDV Type: IDC
Timeline
Start Date: 2023-10-15
Current End Date: 2025-10-17
Potential End Date: 2025-10-17 00:00:00
Last Modified: 2025-10-21
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