Army Awards $42.2M for Training Center Complex Construction to FSA + JKC Joint Venture One, LLC
Contract Overview
Contract Amount: $42,182,916 ($42.2M)
Contractor: FSA + JKC Joint Venture ONE, LLC
Awarding Agency: Department of Defense
Start Date: 2012-09-13
End Date: 2015-09-30
Contract Duration: 1,112 days
Daily Burn Rate: $37.9K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 9
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: TRAINING CENTER COMPLEX (TCC)
Place of Performance
Location: COLORADO SPRINGS, EL PASO County, COLORADO, 80901, UNITED STATES OF AMERICA
State: Colorado Government Spending
Plain-Language Summary
Department of Defense obligated $42.2 million to FSA + JKC JOINT VENTURE ONE, LLC for work described as: TRAINING CENTER COMPLEX (TCC) Key points: 1. The contract for the Training Center Complex (TCC) was awarded for $42.2 million. 2. FSA + JKC JOINT VENTURE ONE, LLC secured the contract. 3. The contract falls under the Commercial and Institutional Building Construction sector. 4. The award was made under Full and Open Competition after Exclusion of Sources. 5. The contract duration was 1112 days.
Value Assessment
Rating: good
The contract value of $42.2 million appears reasonable for a large-scale training center complex, considering the scope of construction. Benchmarking against similar large federal construction projects would provide a more precise assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under 'Full and Open Competition after Exclusion of Sources,' indicating a competitive process that aimed to maximize value while potentially addressing specific source requirements. This method generally supports price discovery.
Taxpayer Impact: The competitive bidding process is expected to have secured a fair price for taxpayers, although the specific savings compared to a sole-source award are not detailed.
Public Impact
Enhances military training capabilities with a new complex. Supports construction industry jobs and economic activity. Provides a modern facility for service members. Represents significant federal investment in infrastructure.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for cost overruns in large construction projects.
- Dependence on a single joint venture for project completion.
Positive Signals
- Competitive award process.
- Clear contract scope for training facility.
Sector Analysis
This contract falls within the Commercial and Institutional Building Construction sector, a significant area of federal spending. Benchmarks for similar large-scale construction projects vary widely based on location, scope, and specific requirements.
Small Business Impact
The data indicates that small business participation was not a stated factor in this award (ss: false, sb: false). Further analysis would be needed to determine if small businesses were involved as subcontractors.
Oversight & Accountability
The contract was awarded by the Department of the Army, part of the Department of Defense. Standard oversight mechanisms for federal construction projects would apply, including contract monitoring and performance reviews.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Defense Contracting
- Department of the Army Programs
Risk Flags
- Potential for construction cost overruns.
- Complexity of managing a large joint venture.
- Long project duration increases risk exposure.
- Dependence on specific construction expertise.
Tags
commercial-and-institutional-building-co, department-of-defense, co, dca, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $42.2 million to FSA + JKC JOINT VENTURE ONE, LLC. TRAINING CENTER COMPLEX (TCC)
Who is the contractor on this award?
The obligated recipient is FSA + JKC JOINT VENTURE ONE, LLC.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Army).
What is the total obligated amount?
The obligated amount is $42.2 million.
What is the period of performance?
Start: 2012-09-13. End: 2015-09-30.
What was the specific justification for excluding sources in the 'Full and Open Competition after Exclusion of Sources' method?
The justification for excluding sources under this procurement method typically relates to specific technical requirements, unique capabilities, or market research indicating that only a limited number of sources can meet the government's needs. Without further details from the solicitation or award documents, the precise reason remains unclear but suggests a deliberate narrowing of the competitive pool.
Are there any identified risks associated with the joint venture's capacity to deliver this large-scale project on time and within budget?
While the contract was awarded competitively, the long duration and significant value of the Training Center Complex project inherently carry risks related to contractor performance, material costs, and unforeseen site conditions. The government's oversight and the joint venture's experience will be critical in mitigating these risks. A review of the joint venture's past performance and bonding capacity would offer further insight.
How does the final award price compare to the initial estimated cost or bids received from other competitors?
The provided data shows the awarded amount ($42.2 million) but does not include the initial estimate or the range of bids received. A comparison would be essential to fully assess the value achieved through the competitive process. Understanding the bid spread can indicate the level of competition and potential savings realized.
Industry Classification
NAICS: Construction › Nonresidential Building Construction › Commercial and Institutional 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: W912LC12R0003
Offers Received: 9
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 6911 PISTOL RANGE RD, TAMPA, FL, 33635
Business Categories: Category Business, Emerging Small Business, Hispanic American Owned Business, Limited Liability Corporation, Minority Owned Business, Partnership or Limited Liability Partnership, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $48,796,117
Exercised Options: $42,182,916
Current Obligation: $42,182,916
Contract Characteristics
Cost or Pricing Data: NO
Timeline
Start Date: 2012-09-13
Current End Date: 2015-09-30
Potential End Date: 2015-09-30 00:00:00
Last Modified: 2015-08-06
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