DoD's $67.6M Exchange Building Construction Contract Awarded to Caddell Construction
Contract Overview
Contract Amount: $67,610,549 ($67.6M)
Contractor: Caddell Construction CO., Inc.
Awarding Agency: Department of Defense
Start Date: 2007-04-04
End Date: 2011-01-14
Contract Duration: 1,381 days
Daily Burn Rate: $49.0K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 3
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: EXCHANGE BUILDING CONSTRUCTION
Place of Performance
Location: BILOXI, HARRISON County, MISSISSIPPI, 39534
Plain-Language Summary
Department of Defense obligated $67.6 million to CADDELL CONSTRUCTION CO., INC. for work described as: EXCHANGE BUILDING CONSTRUCTION Key points: 1. Contract awarded to Caddell Construction for $67.6 million. 2. Full and open competition was utilized for this procurement. 3. The contract duration was 1381 days. 4. The project falls under the Commercial and Institutional Building Construction NAICS code. 5. No small business participation was noted.
Value Assessment
Rating: fair
The contract value of $67.6 million for a large building construction project appears within a reasonable range for similar federal projects. However, without specific details on the scope and complexity, a precise comparison is difficult.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The use of full and open competition suggests a robust price discovery process. This method allows multiple qualified contractors to bid, theoretically leading to more competitive pricing.
Taxpayer Impact: The competitive bidding process aims to ensure taxpayer funds are used efficiently for this construction project.
Public Impact
Construction of an exchange building impacts military personnel and their families by providing essential services and amenities. The project contributes to the local economy through job creation and material procurement. The successful completion of this facility enhances the quality of life on the military installation.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of small business participation.
- Long contract duration could indicate potential for cost overruns or scope creep.
Positive Signals
- Awarded under full and open competition.
- Firm fixed price contract type helps control costs.
Sector Analysis
This contract falls within the Construction sector, specifically commercial and institutional building construction. Federal spending in this sector is substantial, supporting infrastructure development and facility upgrades across various agencies.
Small Business Impact
The data indicates that no small business participation was achieved on this contract. This is a missed opportunity to support small businesses and could be an area for future improvement in federal contracting.
Oversight & Accountability
The Department of Defense, through the Defense Commissary Agency, is responsible for overseeing this contract. Standard oversight mechanisms would apply to ensure project completion according to specifications and budget.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Defense Contracting
- Defense Commissary Agency Programs
Risk Flags
- No small business participation.
- Long contract duration.
- Potential for cost overruns due to contract length.
- Lack of detailed performance data.
Tags
commercial-and-institutional-building-co, department-of-defense, ms, do, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $67.6 million to CADDELL CONSTRUCTION CO., INC.. EXCHANGE BUILDING CONSTRUCTION
Who is the contractor on this award?
The obligated recipient is CADDELL CONSTRUCTION CO., INC..
Which agency awarded this contract?
Awarding agency: Department of Defense (Defense Commissary Agency).
What is the total obligated amount?
The obligated amount is $67.6 million.
What is the period of performance?
Start: 2007-04-04. End: 2011-01-14.
What was the final cost compared to the initial bid or estimated cost?
The provided data shows the award amount of $67,610,549.33. To assess value, a comparison with the initial bid submissions or the government's independent cost estimate would be necessary. Without this information, it's difficult to determine if the final price represented a good deal or if there were significant changes during the bidding or execution phases.
Were there any significant change orders or contract modifications during the project's lifecycle?
The data does not specify the number or value of any change orders or modifications. A long contract duration of 1381 days increases the likelihood of such changes. Analyzing these would be crucial to understanding potential risks related to scope creep, unforeseen site conditions, or design issues that could impact the final cost and timeline.
How did the contractor's performance compare to industry benchmarks for similar projects?
Performance benchmarks are not provided in the data. Assessing Caddell Construction's performance would require reviewing project close-out reports, any contractor performance evaluations, and comparing metrics like schedule adherence, quality of work, and safety record against industry standards for large-scale institutional building projects.
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: NEGOTIATED PROPOSAL/QUOTE
Solicitation ID: FA300206R0014
Offers Received: 3
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 2700 LAGOON PARK DR, MONTGOMERY, AL, 02
Business Categories: Category Business, Not Designated a Small Business
Financial Breakdown
Contract Ceiling: $67,610,549
Exercised Options: $67,610,549
Current Obligation: $67,610,549
Contract Characteristics
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: FA300207D0006
IDV Type: IDC
Timeline
Start Date: 2007-04-04
Current End Date: 2011-01-14
Potential End Date: 2011-01-14 00:00:00
Last Modified: 2014-01-28
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