DOD Awards $42.5M for SOFA Fixed Wing Parking Apron Construction to JV SKE ITALY 2012
Contract Overview
Contract Amount: $42,467,730 ($42.5M)
Contractor: JV SKE Italy 2012
Awarding Agency: Department of Defense
Start Date: 2024-10-05
End Date: 2028-04-02
Contract Duration: 1,275 days
Daily Burn Rate: $33.3K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 8
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: SOFA FIXED WING PARKING APRON (11310)
Plain-Language Summary
Department of Defense obligated $42.5 million to JV SKE ITALY 2012 for work described as: SOFA FIXED WING PARKING APRON (11310) Key points: 1. Contract awarded to JV SKE ITALY 2012 for construction services. 2. The contract is for a fixed-wing parking apron at SOFA. 3. Competition was full and open, suggesting potential for competitive pricing. 4. The sector is Highway, Street, and Bridge Construction. 5. The contract value is approximately $42.5 million.
Value Assessment
Rating: good
The contract value of $42.5 million for a parking apron construction project appears reasonable given the scope and duration. Benchmarking against similar large-scale construction projects would provide further context.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, indicating that multiple bidders had the opportunity to submit proposals. This method generally promotes price discovery and competitive pricing.
Taxpayer Impact: Taxpayer funds are being used for essential infrastructure development, with competition aiming to ensure value for money.
Public Impact
Enhances military operational capabilities by providing necessary parking infrastructure. Supports the Department of the Army's infrastructure modernization efforts. Potential for job creation within the construction sector. Ensures compliance with aviation and construction standards.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for cost overruns in large construction projects.
- Dependency on a single contractor for project completion.
- Geopolitical risks associated with international contractors.
Positive Signals
- Full and open competition can lead to better pricing.
- Fixed-price contract provides cost certainty.
- Clear project scope and defined end date.
Sector Analysis
This contract falls within the Highway, Street, and Bridge Construction sector, which is critical for infrastructure development. Spending in this sector can fluctuate based on government priorities and economic conditions.
Small Business Impact
The contract was awarded under full and open competition, and there is no indication that small businesses were specifically involved or subcontracted. Further analysis would be needed to determine small business participation.
Oversight & Accountability
The Department of the Army is responsible for oversight of this contract. Standard procurement regulations and contract management practices should ensure accountability and adherence to terms.
Related Government Programs
- Highway, Street, and Bridge Construction
- Department of Defense Contracting
- Department of the Army Programs
Risk Flags
- Contractor performance history unknown.
- Potential for construction delays.
- Geopolitical risks associated with international contractor.
- Environmental and site-specific risks not detailed.
Tags
highway-street-and-bridge-construction, department-of-defense, definitive-contract, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $42.5 million to JV SKE ITALY 2012. SOFA FIXED WING PARKING APRON (11310)
Who is the contractor on this award?
The obligated recipient is JV SKE ITALY 2012.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Army).
What is the total obligated amount?
The obligated amount is $42.5 million.
What is the period of performance?
Start: 2024-10-05. End: 2028-04-02.
What is the historical performance of JV SKE ITALY 2012 on similar government contracts?
Information on JV SKE ITALY 2012's historical performance on similar government contracts is not provided in the data. A review of past performance, including on-time delivery, budget adherence, and quality of work, would be crucial for assessing future risk and overall value. This data is typically available through government contract databases and performance reports.
Are there any specific environmental or site-related risks associated with the SOFA parking apron construction?
The provided data does not detail specific environmental or site-related risks. Construction projects, especially those involving aprons, can face risks such as soil conditions, drainage issues, and environmental impact assessments. A thorough risk assessment should have been conducted prior to award, and mitigation plans should be in place.
How does the contract's duration of 1275 days compare to industry standards for similar projects?
A duration of 1275 days (approximately 3.5 years) for a fixed-wing parking apron construction project is substantial. While complex projects can take time, this duration should be benchmarked against similar projects in terms of scale, complexity, and location to determine if it is efficient or potentially indicative of schedule risks or padding.
Industry Classification
NAICS: Construction › Highway, Street, and Bridge Construction › Highway, Street, and Bridge Construction
Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIES › CONSTRUCTION OF BUILDINGS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: TWO STEP
Solicitation ID: W912GB23R0033
Offers Received: 8
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: VIA ZAMENHOF 829, VICENZA
Business Categories: Category Business, Corporate Entity Tax Exempt, Foreign Owned, Not Designated a Small Business, Special Designations
Financial Breakdown
Contract Ceiling: $42,467,730
Exercised Options: $42,467,730
Current Obligation: $42,467,730
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Timeline
Start Date: 2024-10-05
Current End Date: 2028-04-02
Potential End Date: 2028-04-02 00:00:00
Last Modified: 2025-01-23
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