Department of Defense Awards $84.7M for Vehicle Construction to TTEC-TESORO Joint Venture

Contract Overview

Contract Amount: $84,670,373 ($84.7M)

Contractor: Ttec-Tesoro Joint Venture

Awarding Agency: Department of Defense

Start Date: 2008-07-15

End Date: 2015-04-15

Contract Duration: 2,465 days

Daily Burn Rate: $34.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 4

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: BASE - CONSTRUCTION OF VEHICLE

Place of Performance

Location: FORT BENNING, MUSCOGEE County, GEORGIA, 31905

State: Georgia Government Spending

Plain-Language Summary

Department of Defense obligated $84.7 million to TTEC-TESORO JOINT VENTURE for work described as: BASE - CONSTRUCTION OF VEHICLE Key points: 1. Contract awarded to TTEC-TESORO Joint Venture for vehicle construction. 2. The contract value is $84.7 million. 3. Awarded by the Department of the Army, part of the Department of Defense. 4. The contract type is Firm Fixed Price. 5. The period of performance is 2465 days.

Value Assessment

Rating: fair

The contract value of $84.7 million for vehicle construction appears within a reasonable range for a project of this scope and duration. However, without specific details on the vehicles or construction scope, a precise benchmark is difficult.

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 competitive pricing as multiple bidders vie for the contract.

Taxpayer Impact: Full and open competition generally benefits taxpayers by driving down costs through market forces.

Public Impact

Taxpayers benefit from competitive bidding potentially leading to cost savings. The project supports infrastructure development within the Department of Defense. The duration of the contract indicates a significant, long-term construction effort. The firm fixed price contract shifts cost overrun risk to the contractor.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under the Commercial and Institutional Building Construction sector. Spending in this sector for defense projects can vary significantly based on infrastructure needs and geopolitical factors. Benchmarks are highly project-specific.

Small Business Impact

The data does not indicate whether small businesses were involved as subcontractors or prime contractors. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

The contract is managed by the Department of the Army, a component of the Department of Defense, which has established oversight mechanisms for large construction projects. The firm fixed price nature also implies certain accountability for the contractor.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $84.7 million to TTEC-TESORO JOINT VENTURE. BASE - CONSTRUCTION OF VEHICLE

Who is the contractor on this award?

The obligated recipient is TTEC-TESORO JOINT VENTURE.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $84.7 million.

What is the period of performance?

Start: 2008-07-15. End: 2015-04-15.

What specific type of vehicles are being constructed, and what is the scope of the construction work involved?

The provided data lacks specificity regarding the 'vehicle' construction. It could range from specialized military transport vehicles to infrastructure for housing or maintaining vehicles. Understanding the exact nature of the construction is crucial for assessing its true value and necessity, and for comparing it against industry benchmarks.

What are the key performance indicators (KPIs) and quality assurance measures for this construction project?

The data does not detail the KPIs or quality assurance protocols. For a project of this magnitude and duration, robust QA/QC processes are essential to ensure the final product meets defense specifications and safety standards. Without this information, assessing the risk of substandard work or project delays is challenging.

How does the $84.7 million cost compare to similar large-scale construction projects within the Department of Defense or other government agencies?

A direct cost comparison is difficult without knowing the specifics of the construction. However, $84.7 million for a 2465-day project suggests a significant undertaking. Benchmarking against similar military base construction or large institutional building projects would be necessary to determine if the pricing is competitive and reflects efficient use of taxpayer funds.

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: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: W912HN07R0062

Offers Received: 4

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 302 RESEARCH DR #200, NORCROSS, GA, 04

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $84,670,373

Exercised Options: $84,670,373

Current Obligation: $84,670,373

Contract Characteristics

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: W912HN07D0058

IDV Type: IDC

Timeline

Start Date: 2008-07-15

Current End Date: 2015-04-15

Potential End Date: 2015-04-15 00:00:00

Last Modified: 2011-05-04

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