DoD Awards $39.8M for LRSO Construction to Lord & Son Construction, Inc

Contract Overview

Contract Amount: $39,809,209 ($39.8M)

Contractor: Lord & SON Construction, Inc.

Awarding Agency: Department of Defense

Start Date: 2019-08-15

End Date: 2024-01-30

Contract Duration: 1,629 days

Daily Burn Rate: $24.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: CONSTRUCT NEW LRSO

Place of Performance

Location: EGLIN AFB, OKALOOSA County, FLORIDA, 32542

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $39.8 million to LORD & SON CONSTRUCTION, INC. for work described as: CONSTRUCT NEW LRSO Key points: 1. Significant contract value of $39.8 million awarded. 2. Lord & Son Construction, Inc. is the sole awardee. 3. Contract duration is 1629 days, indicating a long-term project. 4. The contract falls under Commercial and Institutional Building Construction sector.

Value Assessment

Rating: fair

The contract value of $39.8 million for commercial building construction appears substantial. Benchmarking against similar large-scale construction projects would be necessary to determine if this price is competitive.

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. However, the specific details of the bidding and award process are not provided, making it difficult to assess price discovery.

Taxpayer Impact: The use of full and open competition is generally beneficial for taxpayers as it promotes competitive pricing. The final price achieved through this method will determine the ultimate taxpayer impact.

Public Impact

Construction projects of this magnitude can impact local economies through job creation and material sourcing. The long duration of the contract suggests a sustained investment in infrastructure. The specific nature of the LRSO (Long Range Strike-Offensive) facility is not detailed, limiting public understanding of its purpose and impact.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of detailed justification for the specific award amount.
  • Limited information on the competitive landscape beyond 'full and open'.
  • Potential for cost overruns in long-duration construction projects.

Positive Signals

  • Awarded under full and open competition.
  • Contract is firm fixed price, providing cost certainty.
  • Project is located in Florida, potentially benefiting the local economy.

Sector Analysis

This contract falls within the Commercial and Institutional Building Construction sector. Spending in this sector is driven by infrastructure needs, military base development, and public facility upgrades. Benchmarks for similar large-scale construction projects would be needed for precise comparison.

Small Business Impact

The data indicates that the awardee is Lord & Son Construction, Inc. There is no specific information provided regarding small business participation or subcontracting opportunities within this contract.

Oversight & Accountability

Oversight would typically involve regular progress reviews, quality control inspections, and financial audits to ensure the project stays on schedule and within budget. The effectiveness of oversight depends on the agency's established procedures and diligence.

Related Government Programs

  • Commercial and Institutional Building Construction
  • Department of Defense Contracting
  • Department of the Army Programs

Risk Flags

  • Lack of detailed project scope.
  • Potential for cost escalation over the long contract duration.
  • Limited transparency on the competitive bidding outcomes.
  • No explicit mention of small business utilization.

Tags

commercial-and-institutional-building-co, department-of-defense, fl, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $39.8 million to LORD & SON CONSTRUCTION, INC.. CONSTRUCT NEW LRSO

Who is the contractor on this award?

The obligated recipient is LORD & SON CONSTRUCTION, 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 $39.8 million.

What is the period of performance?

Start: 2019-08-15. End: 2024-01-30.

What is the specific purpose and scope of the LRSO facility being constructed?

The provided data does not specify the exact purpose or scope of the LRSO (Long Range Strike-Offensive) facility. This information is crucial for understanding the strategic importance of the construction and its potential impact. Further details from the Department of Defense or relevant contracting documents would be needed to clarify the project's objectives and deliverables.

How does the awarded price of $39.8 million compare to industry benchmarks for similar construction projects?

Without specific details on the facility's size, complexity, and location-specific construction costs, it is challenging to provide a precise benchmark comparison. However, $39.8 million is a significant investment for a single construction project. A thorough analysis would require comparing square footage, type of construction, and regional cost indices against similar government or private sector projects.

What measures are in place to ensure the effective and efficient completion of this long-duration construction project?

Given the 1629-day duration, effective project management and oversight are critical. This likely includes phased construction schedules, regular progress reporting, quality assurance checks, and risk mitigation plans. The Department of the Army's established project management protocols and the contractor's own management systems will be key to ensuring efficient execution and timely delivery.

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

Solicitation ID: W9127819R0038

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 19 DAVID ST, FORT WALTON BEACH, FL, 32547

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

Financial Breakdown

Contract Ceiling: $39,809,209

Exercised Options: $39,809,209

Current Obligation: $39,809,209

Actual Outlays: $451,577

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2019-08-15

Current End Date: 2024-01-30

Potential End Date: 2024-01-30 00:00:00

Last Modified: 2024-08-20

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