DOD Awards $16.4M for Mississippi Environmental Office Building Construction to First-Yates

Contract Overview

Contract Amount: $16,435,264 ($16.4M)

Contractor: First-Yates a Joint Venture

Awarding Agency: Department of Defense

Start Date: 2009-08-10

End Date: 2012-12-30

Contract Duration: 1,238 days

Daily Burn Rate: $13.3K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: CONSTRUCTION OF ENVIRONMENTAL OFFICE BUILDING

Place of Performance

Location: VICKSBURG, WARREN County, MISSISSIPPI, 39180

State: Mississippi Government Spending

Plain-Language Summary

Department of Defense obligated $16.4 million to FIRST-YATES A JOINT VENTURE for work described as: CONSTRUCTION OF ENVIRONMENTAL OFFICE BUILDING Key points: 1. The contract value is $16.4 million for industrial building construction. 2. Competition was full and open after exclusion of sources, indicating a competitive process. 3. The contract type is Firm Fixed Price, which shifts risk to the contractor. 4. The project is located in Mississippi, a state with significant federal construction activity.

Value Assessment

Rating: good

The contract value of $16.4 million appears reasonable for the construction of an environmental office building, considering the scope and duration. Benchmarking against similar federal construction projects would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was awarded under 'Full and Open Competition After Exclusion of Sources.' This suggests that while competition was sought, certain sources were excluded, potentially impacting the breadth of price discovery.

Taxpayer Impact: The firm-fixed-price nature of the contract helps control costs for taxpayers, as the contractor bears the risk of cost overruns.

Public Impact

Construction of a new federal building can stimulate local economies through job creation and material procurement. The project contributes to the operational capacity of the Department of the Army. Environmental office buildings are crucial for agencies managing environmental regulations and initiatives.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for cost overruns if excluded sources offered significantly lower bids.
  • Contract duration of 1238 days may indicate complex project requirements or potential delays.

Positive Signals

  • Firm Fixed Price contract type provides cost certainty.
  • Full and open competition, even with exclusions, generally leads to better pricing.

Sector Analysis

This contract falls under the Industrial Building Construction sector. Federal spending in construction is often driven by infrastructure needs, facility upgrades, and specialized government requirements. Benchmarks vary widely by project type and location.

Small Business Impact

The data does not indicate whether small businesses were involved as prime contractors or subcontractors. Further analysis would be needed to assess small business participation.

Oversight & Accountability

The contract was awarded by the Department of Defense, which typically has robust oversight mechanisms. However, the specific oversight for this project is not detailed in the provided data.

Related Government Programs

  • Industrial Building Construction
  • Department of Defense Contracting
  • Department of the Army Programs

Risk Flags

  • Ambiguity in 'bid' value provided.
  • Lack of detail on specific performance metrics.
  • Rationale for source exclusion not provided.
  • Potential for unassessed small business participation.

Tags

industrial-building-construction, department-of-defense, ms, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $16.4 million to FIRST-YATES A JOINT VENTURE. CONSTRUCTION OF ENVIRONMENTAL OFFICE BUILDING

Who is the contractor on this award?

The obligated recipient is FIRST-YATES A JOINT VENTURE.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $16.4 million.

What is the period of performance?

Start: 2009-08-10. End: 2012-12-30.

What was the rationale for excluding specific sources in the 'Full and Open Competition After Exclusion of Sources' award?

The rationale for excluding specific sources typically relates to pre-qualification requirements, past performance issues, or specific technical capabilities needed for the project. Without further details from the contracting agency, the exact reasons remain speculative. Understanding this exclusion is key to fully assessing the competitive landscape and potential impact on final pricing.

How does the awarded price compare to the original bid or estimated cost?

The provided data shows the awarded amount ($16.4 million) and a 'bid' value ($13276). It's unclear if the 'bid' value represents a single bid, an estimate, or a portion of the total. A direct comparison between the awarded price and the initial solicitation's estimated cost or the winning bid is necessary to determine if the contract was awarded competitively and at a fair price.

What are the key performance indicators and milestones for this construction project?

Key performance indicators and milestones for a construction project of this nature would typically include adherence to schedule, quality of workmanship, safety compliance, and timely completion of defined phases (e.g., foundation, structural, interior). Specific KPIs and milestones are usually detailed in the contract's statement of work and performance requirements.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionIndustrial Building Construction

Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIESCONSTRUCTION OF BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: W912EE09R0001

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 781 LARSON ST, JACKSON, MS, 39202

Business Categories: Black American Owned Business, Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, Emerging Small Business, Minority Owned Business, SBA Certified 8 a Joint Venture, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $16,435,264

Exercised Options: $16,435,264

Current Obligation: $16,435,264

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2009-08-10

Current End Date: 2012-12-30

Potential End Date: 2012-12-30 00:00:00

Last Modified: 2020-05-28

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