DoD Awards $11.76M for Building Renovation, Highlighting Construction Sector Spending

Contract Overview

Contract Amount: $11,760,246 ($11.8M)

Contractor: Flintco, LLC

Awarding Agency: Department of Defense

Start Date: 2006-09-30

End Date: 2007-12-03

Contract Duration: 429 days

Daily Burn Rate: $27.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: 5 BLDG EPMAC RENOVATION

Place of Performance

Location: MILLINGTON, SHELBY County, TENNESSEE, 38054

State: Tennessee Government Spending

Plain-Language Summary

Department of Defense obligated $11.8 million to FLINTCO, LLC for work described as: 5 BLDG EPMAC RENOVATION Key points: 1. The contract focuses on commercial and institutional building construction, a key sector for infrastructure. 2. Flintco, LLC secured the award, indicating potential competition within the construction industry. 3. The firm fixed price contract type suggests a defined cost structure, mitigating some financial risk. 4. The project duration of 429 days indicates a significant undertaking for the Department of the Navy.

Value Assessment

Rating: good

The total award of $11.76 million for a building renovation appears reasonable for a project of this scope and duration. Benchmarking against similar large-scale 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, suggesting a robust price discovery process. This method typically leads to more competitive pricing for the government.

Taxpayer Impact: Full and open competition generally maximizes taxpayer value by ensuring the government receives the best possible price and quality.

Public Impact

Renovation of a significant facility impacting military operations or personnel. Potential for job creation and economic activity in Tennessee. Ensures the longevity and functionality of critical government infrastructure.

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, a vital area for government infrastructure development. Spending in this sector can fluctuate based on infrastructure needs and budget allocations.

Small Business Impact

The data indicates the contract was not set aside for small businesses (sb: false). This suggests that larger firms were likely the primary bidders, potentially limiting direct opportunities for small businesses on this specific award.

Oversight & Accountability

The Department of the Navy is responsible for overseeing this contract. Standard procurement regulations and oversight mechanisms should be in place to ensure proper execution and accountability.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, department-of-defense, tn, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $11.8 million to FLINTCO, LLC. 5 BLDG EPMAC RENOVATION

Who is the contractor on this award?

The obligated recipient is FLINTCO, LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $11.8 million.

What is the period of performance?

Start: 2006-09-30. End: 2007-12-03.

What specific building systems or components are included in the EPMAC renovation to justify the $11.76 million cost?

The provided data does not detail the specific components of the EPMAC renovation. A comprehensive review of the contract's statement of work would be necessary to identify the scope, such as HVAC, electrical, plumbing, structural, or interior upgrades. Understanding these specifics is crucial for a thorough cost-benefit analysis and to ensure the funds are allocated effectively towards essential improvements.

What are the potential risks associated with a 429-day construction timeline for this renovation project?

A 429-day construction timeline presents several risks, including potential delays due to weather, material shortages, or unforeseen site conditions, which could lead to cost overruns. There's also a risk of the facility being out of service for an extended period, impacting its intended use. Effective project management, contingency planning, and clear communication channels are vital to mitigate these risks and ensure timely completion.

How does the firm fixed price contract type ensure cost-effectiveness for this large-scale renovation?

The firm fixed price (FFP) contract type is designed to provide cost certainty for the government. Flintco, LLC is obligated to complete the work for the agreed-upon price, regardless of their actual costs. This shifts the risk of cost overruns to the contractor, incentivizing them to manage the project efficiently and control expenses. However, it's crucial that the initial price was set competitively and accurately reflects the project scope.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionCommercial and Institutional Building Construction

Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTYMAINT, ALTER, REPAIR BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Contractor Details

Address: 2179 HILLSHIRE CIR, MEMPHIS, TN, 38133

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $11,760,246

Exercised Options: $11,760,246

Current Obligation: $11,760,246

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N6246703D0290

IDV Type: IDC

Timeline

Start Date: 2006-09-30

Current End Date: 2007-12-03

Potential End Date: 2007-12-03 00:00:00

Last Modified: 2021-08-04

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