Department of Defense awards $290M contract for new single-family housing construction at Keesler AFB

Contract Overview

Contract Amount: $290,422,057 ($290.4M)

Contractor: Hunt Building Company, Ltd

Awarding Agency: Department of Defense

Start Date: 2006-09-22

End Date: 2010-07-29

Contract Duration: 1,406 days

Daily Burn Rate: $206.6K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 10

Pricing Type: COST NO FEE

Sector: Construction

Official Description: 200612!002154!5700!FA8903!HSW/PKV !FA890304D8700 !A!N! !N!0004 ! !20060922!20111211!008001349!129611351!136115255!N!HUNT BUILDING COMPANY , LTD !4401 N MESA ST STE 201 !EL PASO !TX!79902!37200!047!28!KEESLER AFB !HARRISON !MISS !+000004260700!N!N!000000000000!Y169!OTHER RESIDENTIAL BUILDINGS !C2 !CONSTRUCTION !000 !NOT DISCERNABLE !236115!E! !5!B!M! !A!D!20081211!B! ! !A! !A!N!S!2!010!B! !Z!Y!Z! ! !N!C!N! ! ! !Z!Z!A!A!000!A!C!Y! !N! !Y! ! !0001! !

Place of Performance

Location: BILOXI, HARRISON County, MISSISSIPPI, 39530

State: Mississippi Government Spending

Plain-Language Summary

Department of Defense obligated $290.4 million to HUNT BUILDING COMPANY, LTD for work described as: 200612!002154!5700!FA8903!HSW/PKV !FA890304D8700 !A!N! !N!0004 ! !20060922!20111211!008001349!129611351!136115255!N!HUNT BUILDING COMPANY , LTD !4401 N MESA ST STE 201 !EL PASO !TX!79902!37200!047!28!KEESLER AFB !HARR… Key points: 1. Contract awarded for construction services, indicating a need for infrastructure development. 2. The contract duration of 1406 days suggests a significant, multi-year project. 3. Awarded to Hunt Building Company, Ltd., a contractor with prior federal experience. 4. The contract type is 'Cost No Fee', which requires careful monitoring of costs. 5. The North American Industry Classification System (NAICS) code 236115 points to new single-family housing construction. 6. The contract was awarded under full and open competition, suggesting a competitive bidding process.

Value Assessment

Rating: fair

The total award amount of $290,422,057 for new single-family housing construction appears substantial. Benchmarking this against similar projects would be necessary to assess value for money. The 'Cost No Fee' contract type means the government reimburses the contractor for allowable costs plus a fixed fee, which can sometimes lead to higher overall costs if not managed tightly. Without specific per-unit cost data or comparisons to market rates for similar housing units in Mississippi, a definitive value assessment is challenging.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'Full and Open Competition', indicating that all responsible sources were permitted to submit a bid. The data shows 10 bids were received. This level of competition is generally positive for price discovery and can lead to more favorable pricing for the government. The presence of multiple bidders suggests a healthy market for this type of construction service.

Taxpayer Impact: A competitive bidding process for a large construction project like this is beneficial for taxpayers, as it helps ensure the government secures the best possible price and quality for the services rendered.

Public Impact

Military families stationed at Keesler Air Force Base will benefit from new housing. The project delivers new single-family housing units, improving living conditions for service members. The geographic impact is localized to Keesler Air Force Base in Mississippi. The construction project will likely create jobs in the construction sector in the local area.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Construction sector, specifically focusing on new single-family housing. The construction industry is a significant part of the U.S. economy, with federal contracts often playing a role in infrastructure development and military base improvements. Comparable spending benchmarks would involve looking at other military housing construction projects or large-scale residential developments awarded by government entities.

Small Business Impact

The provided data does not indicate any specific small business set-aside provisions for this contract. It was awarded under full and open competition. Therefore, the direct impact on small businesses through set-asides is not apparent. However, the prime contractor, Hunt Building Company, Ltd., may engage small businesses as subcontractors, which would be a positive implication for the small business ecosystem.

Oversight & Accountability

Oversight for this contract would typically be managed by the Department of the Air Force contracting office at Keesler AFB. Accountability measures would include performance reviews, site inspections, and financial audits, especially given the 'Cost No Fee' contract type. Transparency is generally maintained through contract award databases like FPDS. Inspector General jurisdiction would apply if any fraud, waste, or abuse were suspected.

Related Government Programs

Risk Flags

Tags

construction, department-of-defense, department-of-the-air-force, keesler-afb, mississippi, new-housing, single-family-housing, cost-plus-fee, full-and-open-competition, large-contract, military-construction

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $290.4 million to HUNT BUILDING COMPANY, LTD. 200612!002154!5700!FA8903!HSW/PKV !FA890304D8700 !A!N! !N!0004 ! !20060922!20111211!008001349!129611351!136115255!N!HUNT BUILDING COMPANY , LTD !4401 N MESA ST STE 201 !EL PASO !TX!79902!37200!047!28!KEESLER AFB !HARRISON !MISS !+000004260700!N!N!000000000000!Y169!OTHER RESIDENTIAL BUILDINGS !C2 !CONSTRUCTION !000 !NOT DISCERNABLE !236115!E! !5!B!M! !A!D!200

Who is the contractor on this award?

The obligated recipient is HUNT BUILDING COMPANY, LTD.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Air Force).

What is the total obligated amount?

The obligated amount is $290.4 million.

What is the period of performance?

Start: 2006-09-22. End: 2010-07-29.

What is the track record of Hunt Building Company, Ltd. with federal construction contracts?

Hunt Building Company, Ltd. has a history of securing federal contracts, particularly within the Department of Defense. While this specific award is for a substantial amount, their experience likely includes various construction projects for military installations. A deeper dive into their past performance ratings, any past disputes or contract terminations, and the types of projects they have completed would provide a more comprehensive understanding of their reliability and capability. Reviewing their award history across different agencies and contract types would also offer insights into their breadth of experience and success rates in the federal contracting arena.

How does the 'Cost No Fee' contract type compare to other pricing arrangements for similar construction projects?

The 'Cost No Fee' (Cost-Plus-Fixed-Fee or CPFF) contract type is common for large, complex projects where the scope may evolve or is not fully defined at the outset. In this arrangement, the government reimburses the contractor for allowable costs incurred and pays a predetermined fixed fee representing profit. This differs from fixed-price contracts, where the price is set upfront, and from cost-reimbursement contracts without a fee. While CPFF offers flexibility, it carries a higher risk of cost growth if not managed diligently, as the contractor is incentivized to incur costs to complete the project, and the fee is fixed regardless of the final cost. For taxpayers, this necessitates robust oversight to ensure costs are reasonable and allocable to the contract.

What are the potential risks associated with a $290 million housing construction project?

A project of this magnitude carries several inherent risks. These include potential cost overruns due to unforeseen site conditions, material price fluctuations, labor shortages, or scope creep. Schedule delays are also a significant risk, which can impact military readiness and family well-being. Performance risks involve the quality of construction and adherence to specifications. Furthermore, the 'Cost No Fee' structure requires vigilant oversight to prevent unnecessary expenditures. Contract disputes, environmental compliance issues, and contractor performance failures are other potential risks that could impact the project's success and cost.

What is the historical spending pattern for new single-family housing construction at Keesler AFB or similar installations?

Analyzing historical spending for similar projects at Keesler AFB or comparable Air Force installations would provide valuable context. This would involve examining past contracts for housing construction, their award amounts, durations, and contract types. Understanding the average cost per housing unit over time, adjusted for inflation, can help determine if the current $290 million award represents a reasonable investment. Significant deviations from historical spending patterns, without clear justification (e.g., increased scope, higher material costs), could signal a need for closer scrutiny of the current contract's pricing and value.

How does the number of bids received (10) influence the perceived value for money in this contract?

Receiving 10 bids for a contract of this size and nature is generally a positive indicator for value for money. A higher number of bids suggests robust competition, which typically drives down prices and encourages contractors to offer competitive terms and quality. It implies that the market has sufficient capacity and interest in undertaking this type of project for the government. This competitive environment makes it more likely that the government secured a fair price and that the chosen contractor is well-qualified and motivated to perform efficiently to secure future work. Conversely, a low number of bids might suggest market limitations or potential issues with the solicitation that deterred participation.

Industry Classification

NAICS: ConstructionResidential Building ConstructionNew Single-Family Housing Construction (except For-Sale Builders)

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 10

Pricing Type: COST NO FEE (S)

Evaluated Preference: NONE

Contractor Details

Parent Company: Hunt Companies, Inc.

Address: 4401 N MESA ST STE 201, EL PASO, TX, 79902

Business Categories: Category Business, Not Designated a Small Business

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: FA890304D8700

IDV Type: IDC

Timeline

Start Date: 2006-09-22

Current End Date: 2010-07-29

Potential End Date: 2010-07-29 00:00:00

Last Modified: 2023-06-02

More Contracts from Hunt Building Company, Ltd

View all Hunt Building Company, Ltd federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending