DoD Awards $26.4M Parking Garage Contract to W.M. Klorman Construction Corp in California
Contract Overview
Contract Amount: $26,387,189 ($26.4M)
Contractor: W.M. Klorman Construction Corp
Awarding Agency: Department of Defense
Start Date: 2024-04-29
End Date: 2026-02-08
Contract Duration: 650 days
Daily Burn Rate: $40.6K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 3
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: VALB PH-D 39CA PARKING GARAGE (31)
Place of Performance
Location: LONG BEACH, LOS ANGELES County, CALIFORNIA, 90822
Plain-Language Summary
Department of Defense obligated $26.4 million to W.M. KLORMAN CONSTRUCTION CORP for work described as: VALB PH-D 39CA PARKING GARAGE (31) Key points: 1. Contract awarded for a parking garage in California. 2. W.M. Klorman Construction Corp is the contractor. 3. The Department of Defense is the awarding agency. 4. This falls under Commercial and Institutional Building Construction. 5. The contract value is $26,387,189.
Value Assessment
Rating: good
The contract value of $26.4M for a parking garage appears reasonable given the scope and duration. Benchmarking against similar construction projects of this size 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, suggesting a competitive bidding process. This method is generally expected to yield fair market prices.
Taxpayer Impact: Taxpayer funds are being used for infrastructure development, with competition aiming for cost-effectiveness.
Public Impact
Provides necessary parking infrastructure for military personnel. Supports local construction jobs and economic activity in California. Enhances base facilities for the Department of the Army.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for construction delays impacting operational readiness.
- Risk of cost overruns if unforeseen site conditions arise.
- Dependence on a single contractor for project completion.
Positive Signals
- Awarded under full and open competition.
- Firm fixed price contract limits cost uncertainty.
- Clear project scope and defined completion date.
Sector Analysis
This contract falls within the Commercial and Institutional Building Construction sector. Spending in this sector is driven by infrastructure needs, military base improvements, and general economic development.
Small Business Impact
The data does not indicate specific participation or subcontracting by small businesses in this contract. Further analysis would be needed to determine the extent of small business involvement.
Oversight & Accountability
The Department of Defense, through the Department of the Army, is responsible for overseeing this contract. Standard oversight mechanisms for construction projects are expected to be in place.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Defense Contracting
- Department of the Army Programs
Risk Flags
- Potential for unforeseen site conditions.
- Contractor's financial stability and capacity.
- Adherence to construction timelines.
- Quality of materials and workmanship.
Tags
commercial-and-institutional-building-co, department-of-defense, ca, definitive-contract, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $26.4 million to W.M. KLORMAN CONSTRUCTION CORP. VALB PH-D 39CA PARKING GARAGE (31)
Who is the contractor on this award?
The obligated recipient is W.M. KLORMAN CONSTRUCTION CORP.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Army).
What is the total obligated amount?
The obligated amount is $26.4 million.
What is the period of performance?
Start: 2024-04-29. End: 2026-02-08.
What is the estimated cost per parking space, and how does it compare to industry benchmarks?
The total contract value is $26,387,189 for a 650-day duration, with 3 bids received. Without knowing the exact number of parking spaces, a precise per-space cost cannot be calculated. However, a rough estimate can be made if the number of spaces is assumed. This would allow for comparison against typical costs for similar government or commercial parking structures.
What are the primary risks associated with the firm fixed price contract type for this project?
While a firm fixed price contract protects the government from cost overruns, it places the financial risk on the contractor. For the contractor, risks include underestimating costs, encountering unforeseen site conditions, or material price increases, which could lead to financial losses or pressure to cut corners on quality if not managed effectively.
How will the effectiveness of the parking garage be measured post-completion?
Effectiveness will likely be measured by its ability to meet the intended capacity, user satisfaction (e.g., ease of access, safety), durability, and minimal maintenance requirements over its lifecycle. Performance metrics may be tied to the contract's completion and acceptance criteria, ensuring it fulfills the Department of the Army's operational needs.
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
Solicitation Procedures: SEALED BID
Solicitation ID: W912PL24B0003
Offers Received: 3
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 23047 VENTURA BLVD, WOODLAND HILLS, CA, 91364
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $26,387,189
Exercised Options: $26,387,189
Current Obligation: $26,387,189
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Timeline
Start Date: 2024-04-29
Current End Date: 2026-02-08
Potential End Date: 2026-02-08 00:00:00
Last Modified: 2025-09-08
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