Antelope Creek Flood Protection Project Awarded $18.17M to Park Construction Company by DoD

Contract Overview

Contract Amount: $18,169,151 ($18.2M)

Contractor: Park Construction Company

Awarding Agency: Department of Defense

Start Date: 2008-07-22

End Date: 2010-01-29

Contract Duration: 556 days

Daily Burn Rate: $32.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 4

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: C - PM ANTELOPE CREEK PHASE 3 FLOOD PROTECTION PROJECT, LINCOLN, NE

Place of Performance

Location: LINCOLN, LANCASTER County, NEBRASKA, 68501

State: Nebraska Government Spending

Plain-Language Summary

Department of Defense obligated $18.2 million to PARK CONSTRUCTION COMPANY for work described as: C - PM ANTELOPE CREEK PHASE 3 FLOOD PROTECTION PROJECT, LINCOLN, NE Key points: 1. The project aims to mitigate flood risks in Lincoln, Nebraska, a critical infrastructure need. 2. Park Construction Company secured the contract through full and open competition. 3. The contract value of $18.17M is significant for a civil engineering project of this nature. 4. The project falls under the 'Other Heavy and Civil Engineering Construction' sector.

Value Assessment

Rating: good

The contract value of $18.17M appears reasonable for a large-scale flood protection project. Benchmarking against similar Army Corps of Engineers projects would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded using full and open competition, suggesting a robust price discovery process. This method typically leads to competitive pricing.

Taxpayer Impact: The project's goal is to protect taxpayers by preventing costly flood damage, representing a sound investment in public safety and infrastructure.

Public Impact

Enhanced public safety and reduced flood damage for Lincoln, Nebraska residents and businesses. Improved community resilience against natural disasters. Potential for job creation during the construction phase.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for cost overruns due to unforeseen site conditions in civil engineering projects.
Project delays impacting the timeline for flood protection benefits.

Positive Signals

Awarded through full and open competition, indicating competitive pricing.
Clear objective to mitigate significant flood risk.

Sector Analysis

This project falls within the heavy and civil engineering construction sector, focusing on critical infrastructure like flood control. Spending benchmarks for similar Army Corps of Engineers projects would be relevant for detailed comparison.

Small Business Impact

The data does not indicate any specific provisions or awards made to small businesses for this contract. Further analysis would be needed to determine if small business participation was sought or achieved.

Oversight & Accountability

The Department of the Army, through the Army Corps of Engineers, is responsible for overseeing this project. Standard oversight mechanisms for federal construction projects should be in place.

Related Government Programs

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

Risk Flags

Potential for cost overruns
Risk of project delays
Contractor performance risk
Unforeseen site conditions

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $18.2 million to PARK CONSTRUCTION COMPANY. C - PM ANTELOPE CREEK PHASE 3 FLOOD PROTECTION PROJECT, LINCOLN, NE

Who is the contractor on this award?

The obligated recipient is PARK CONSTRUCTION COMPANY.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $18.2 million.

What is the period of performance?

Start: 2008-07-22. End: 2010-01-29.

What is the projected return on investment for this flood protection project in terms of avoided damages?

Quantifying the exact return on investment requires detailed flood modeling and economic analysis of potential damages averted. However, the primary value lies in preventing catastrophic losses to property, infrastructure, and lives, which often far exceed the project's construction cost over its lifespan.

What are the primary risks associated with the Antelope Creek Phase 3 project and how are they being mitigated?

Key risks include potential unforeseen subsurface conditions, weather delays, and contractor performance issues. Mitigation strategies likely involve thorough geotechnical surveys, flexible scheduling, robust contract management, and performance bonds to ensure project completion and quality.

How effective is the chosen contract type (Firm Fixed Price) in ensuring value for money for this project?

A Firm Fixed Price contract is generally effective in controlling costs for projects with well-defined scopes, like construction. It shifts most of the risk to the contractor, providing cost certainty for the government and encouraging efficient project execution.

Industry Classification

NAICS: Construction › Other Heavy and Civil Engineering Construction › Other Heavy and Civil Engineering Construction

Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIES › CONSTRUCT NONBUILDING FACILITIES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SEALED BID

Solicitation ID: W9128F08B0005

Offers Received: 4

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 500 73RD AVE NE # 123, MINNEAPOLIS, MN, 55432

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

Financial Breakdown

Contract Ceiling: $18,169,151

Exercised Options: $18,169,151

Current Obligation: $18,169,151

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline