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
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: Construction › Nonresidential Building Construction › Industrial Building Construction
Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIES › CONSTRUCTION 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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