DoD's $30.3M Ramp Construction Contract Awarded to SERKA INSAAT VE TICARET A S Under Full and Open Competition
Contract Overview
Contract Amount: $30,300,031 ($30.3M)
Contractor: Serka Insaat VE Ticaret a S
Awarding Agency: Department of Defense
Start Date: 2009-08-12
End Date: 2011-06-21
Contract Duration: 678 days
Daily Burn Rate: $44.7K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 9
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: DESIGN AND CONSTRUCT STRATEGIC RAMP
Plain-Language Summary
Department of Defense obligated $30.3 million to SERKA INSAAT VE TICARET A S for work described as: DESIGN AND CONSTRUCT STRATEGIC RAMP Key points: 1. The contract value is $30.3 million for a strategic ramp design and construction project. 2. Competition was full and open, suggesting a competitive bidding process. 3. The project falls under 'Other Heavy and Civil Engineering Construction' within the Department of Defense. 4. The award was made by the Department of the Army.
Value Assessment
Rating: fair
The contract value of $30.3 million for a strategic ramp project needs further benchmarking against similar construction contracts to assess its pricing. Without comparable data, it's difficult to definitively state if the price is excellent or concerning.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, which typically allows for the widest possible range of bidders and promotes price discovery. This method is generally expected to yield competitive pricing.
Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by fostering a competitive environment for contract awards.
Public Impact
Infrastructure development for military operations. Potential impact on local construction labor markets. Ensuring operational readiness through improved strategic assets.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of specific performance metrics in provided data.
- Potential for cost overruns in large construction projects.
- Contract duration of 678 days requires close monitoring.
Positive Signals
- Awarded under full and open competition.
- Clear project scope: design and construct a strategic ramp.
- Firm Fixed Price contract type can limit cost uncertainty.
Sector Analysis
This contract falls within the heavy and civil engineering construction sector, which is critical for infrastructure development. Spending in this sector can vary significantly based on government needs and economic conditions.
Small Business Impact
The data indicates the contract was awarded under full and open competition and does not specify any small business set-aside. Therefore, the direct impact or participation of small businesses is not evident from this information.
Oversight & Accountability
Oversight would typically involve monitoring the project's progress, adherence to design specifications, and budget management by the Department of the Army to ensure accountability and successful completion.
Related Government Programs
- Other Heavy and Civil Engineering Construction
- Department of Defense Contracting
- Department of the Army Programs
Risk Flags
- Contract awarded to a non-US company (SERKA INSAAT VE TICARET A S).
- Lack of detailed performance history or specific risk assessment.
- Potential for unforeseen construction challenges impacting schedule and cost.
- The 'Other Heavy and Civil Engineering Construction' NAICS code is broad and may encompass significant complexity.
Tags
other-heavy-and-civil-engineering-constr, department-of-defense, dca, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $30.3 million to SERKA INSAAT VE TICARET A S. DESIGN AND CONSTRUCT STRATEGIC RAMP
Who is the contractor on this award?
The obligated recipient is SERKA INSAAT VE TICARET A S.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Army).
What is the total obligated amount?
The obligated amount is $30.3 million.
What is the period of performance?
Start: 2009-08-12. End: 2011-06-21.
What is the specific strategic purpose of this ramp, and how does its construction contribute to the Department of Defense's mission?
The strategic purpose of the ramp is not detailed in the provided data. However, such infrastructure is often crucial for logistical support, deployment of equipment, and overall operational readiness. Its construction likely enhances the military's ability to move assets efficiently in a specific operational theater or base.
Are there any identified risks associated with SERKA INSAAT VE TICARET A S's performance on this contract, given its international nature?
The provided data does not explicitly list performance risks for SERKA INSAAT VE TICARET A S. However, international contracts can introduce risks related to differing regulatory environments, supply chain complexities, currency fluctuations, and logistical challenges. The Department of Defense would typically have risk mitigation plans in place.
How does the $30.3 million cost compare to similar strategic ramp construction projects undertaken by the DoD or other government agencies?
Benchmarking this $30.3 million cost against similar projects is essential for assessing value. Without access to a database of comparable contracts (considering size, complexity, location, and specific features), it's challenging to determine if this price represents good or poor value for taxpayers. Further analysis would be required.
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: NEGOTIATED PROPOSAL/QUOTE
Solicitation ID: W912ER09R0004
Offers Received: 9
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: Serka Insaat VE Ticaret AS (UEI: 365644261)
Address: GAZETECILER MAH. SAGLAM FIKIR SOK. NO:15, ISTANBUL
Business Categories: Category Business, Corporate Entity Tax Exempt, Foreign Owned, Not Designated a Small Business, Special Designations
Financial Breakdown
Contract Ceiling: $36,914,267
Exercised Options: $30,300,031
Current Obligation: $30,300,031
Contract Characteristics
Cost or Pricing Data: NO
Timeline
Start Date: 2009-08-12
Current End Date: 2011-06-21
Potential End Date: 2011-06-21 00:00:00
Last Modified: 2014-09-19
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