Navy Exchange & Commissary Construction Awarded to Caddell Construction for $35.86M
Contract Overview
Contract Amount: $35,863,248 ($35.9M)
Contractor: Caddell Construction CO., Inc.
Awarding Agency: Department of Defense
Start Date: 2008-09-22
End Date: 2011-02-04
Contract Duration: 865 days
Daily Burn Rate: $41.5K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 3
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: NAVY EXCHANGE & COMMISSARY BUILDING CONSTRUCTION
Place of Performance
Location: NEW ORLEANS, ORLEANS County, LOUISIANA, 70143
Plain-Language Summary
Department of Defense obligated $35.9 million to CADDELL CONSTRUCTION CO., INC. for work described as: NAVY EXCHANGE & COMMISSARY BUILDING CONSTRUCTION Key points: 1. Contract awarded to Caddell Construction Co., Inc. for $35.86 million. 2. The project falls under the Commercial and Institutional Building Construction sector. 3. Full and open competition was utilized for this contract. 4. The contract duration was 865 days, ending in February 2011.
Value Assessment
Rating: good
The award amount of $35.86 million appears reasonable for a large-scale construction project of this nature. Benchmarking against similar government building construction contracts would provide a more definitive assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded through full and open competition, suggesting a robust price discovery process. This method typically leads to more competitive pricing by allowing all eligible contractors to bid.
Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by securing the best value through a competitive bidding process.
Public Impact
Supports military personnel and their families by providing essential retail and commissary services. Contributes to the local economy through construction jobs and associated services. Enhances quality of life for service members and their dependents.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Positive Signals
- Full and open competition utilized
- Firm fixed price contract type
Sector Analysis
This contract falls within the broader construction sector, specifically commercial and institutional building construction. Government spending in this area is often driven by infrastructure needs and facility upgrades for federal agencies.
Small Business Impact
The data indicates that small business participation was not a specific requirement or was not met for this contract, as the 'sb' field is false. Further analysis would be needed to determine if opportunities were missed.
Oversight & Accountability
Standard government oversight processes would have been applied to this contract to ensure compliance with terms and conditions, quality of work, and timely completion.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Defense Contracting
- Defense Commissary Agency Programs
Risk Flags
- Lack of small business participation noted
- No initial bid or estimate provided for comparison
Tags
commercial-and-institutional-building-co, department-of-defense, la, do, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $35.9 million to CADDELL CONSTRUCTION CO., INC.. NAVY EXCHANGE & COMMISSARY 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 $35.9 million.
What is the period of performance?
Start: 2008-09-22. End: 2011-02-04.
What was the final cost compared to the initial bid or estimated cost?
The provided data shows the award amount as $35,863,248.44. Without the initial bid or estimated cost, a direct comparison to determine cost savings or overruns is not possible. Further documentation would be required to assess the final cost against projections.
Were there any significant delays or cost overruns during the contract period?
The contract was awarded on September 22, 2008, and ended on February 4, 2011, with a duration of 865 days. The data does not explicitly state if there were delays or cost overruns. A review of contract modifications and performance reports would be necessary to ascertain this.
How does the per-square-foot construction cost compare to industry benchmarks?
To assess the per-square-foot cost, the total square footage of the building is required, which is not provided in the data. Without this, a meaningful comparison to industry benchmarks for construction costs cannot be made.
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
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: $35,863,248
Exercised Options: $35,863,248
Current Obligation: $35,863,248
Contract Characteristics
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: FA300207D0006
IDV Type: IDC
Timeline
Start Date: 2008-09-22
Current End Date: 2011-02-04
Potential End Date: 2011-02-04 00:00:00
Last Modified: 2014-01-28
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