DOD's $43.5M Commercial Building Contract with StructSure Projects Inc. Awarded via Full and Open Competition

Contract Overview

Contract Amount: $43,537,911 ($43.5M)

Contractor: Structsure Projects Inc

Awarding Agency: Department of Defense

Start Date: 2008-09-30

End Date: 2013-10-01

Contract Duration: 1,827 days

Daily Burn Rate: $23.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 7

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: TRAVIS AFB

Place of Performance

Location: TRAVIS AFB, SOLANO County, CALIFORNIA, 94535

State: California Government Spending

Plain-Language Summary

Department of Defense obligated $43.5 million to STRUCTSURE PROJECTS INC for work described as: TRAVIS AFB Key points: 1. Contract Value: $43.5 million over 5 years. 2. Competition: Awarded through full and open competition, indicating a competitive bidding process. 3. Risk: Firm Fixed Price contract type generally mitigates cost overrun risk for the government. 4. Sector: Commercial and Institutional Building Construction.

Value Assessment

Rating: good

The contract value of $43.5 million for a 5-year duration appears reasonable for commercial and institutional building construction projects. Benchmarking against similar large-scale construction contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded using full and open competition, suggesting that multiple bidders had the opportunity to compete. This method is expected to drive competitive pricing and ensure fair market value.

Taxpayer Impact: The use of full and open competition is generally beneficial for taxpayers as it promotes efficiency and cost-effectiveness in government spending.

Public Impact

Supports infrastructure development at Travis AFB. Provides construction services for institutional and commercial facilities. Contract duration of 5 years ensures continuity of services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Commercial and Institutional Building Construction sector, which is a significant area of government spending for facility maintenance and development. Benchmarks for similar projects would be necessary for a detailed cost analysis.

Small Business Impact

The provided data indicates that this contract was not awarded to small businesses (ss: false, sb: false). Further analysis would be needed to determine if small business participation was sought or if opportunities were missed.

Oversight & Accountability

The contract was awarded by the Department of the Army, part of the Department of Defense. Standard oversight mechanisms for federal contracts would apply, but specific details on accountability are not provided.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, department-of-defense, ca, do, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $43.5 million to STRUCTSURE PROJECTS INC. TRAVIS AFB

Who is the contractor on this award?

The obligated recipient is STRUCTSURE PROJECTS INC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Army).

What is the total obligated amount?

The obligated amount is $43.5 million.

What is the period of performance?

Start: 2008-09-30. End: 2013-10-01.

What was the total number of bids received during the full and open competition process?

The provided data does not specify the number of bids received. While the contract was awarded under full and open competition, knowing the number of bids would offer further insight into the level of market interest and the competitiveness of the pricing achieved.

Were there any performance issues or contract modifications during the contract's lifespan?

The data does not contain information regarding contract performance or modifications. A review of contract performance reports and modification history would be necessary to assess the contractor's adherence to terms and identify any potential cost or schedule impacts.

How does the final contract value compare to the initial estimated cost or bid prices?

The data presents the award amount ($43,537,910.95) but does not include the initial estimated cost or the range of bid prices. Comparing the award value to these figures would help determine the effectiveness of the competition in securing favorable pricing for the government.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionCommercial and Institutional Building Construction

Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIESCONSTRUCTION OF BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: W9126G08R0188

Offers Received: 7

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 5425 ANTIOCH DR, SHAWNEE MISSION, KS, 03

Business Categories: Category Business, Not Designated a Small Business, Subchapter S Corporation

Financial Breakdown

Contract Ceiling: $43,537,911

Exercised Options: $43,537,911

Current Obligation: $43,537,911

Contract Characteristics

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: W9126G08D0055

IDV Type: IDC

Timeline

Start Date: 2008-09-30

Current End Date: 2013-10-01

Potential End Date: 2013-10-01 00:00:00

Last Modified: 2014-03-07

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