DoD's $50.3M Barracks Renovation Awarded to TTEC-Tesoro Joint Venture Under Full and Open Competition
Contract Overview
Contract Amount: $50,291,102 ($50.3M)
Contractor: Ttec-Tesoro Joint Venture
Awarding Agency: Department of Defense
Start Date: 2008-09-30
End Date: 2012-07-16
Contract Duration: 1,385 days
Daily Burn Rate: $36.3K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 4
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: RENOVATION OF BARRACKS
Place of Performance
Location: FORT GORDON, RICHMOND County, GEORGIA, 30905
State: Georgia Government Spending
Plain-Language Summary
Department of Defense obligated $50.3 million to TTEC-TESORO JOINT VENTURE for work described as: RENOVATION OF BARRACKS Key points: 1. The contract awarded is for barracks renovation, a critical infrastructure need for military personnel. 2. Competition was full and open, suggesting a robust market for construction services. 3. The award value of $50.3M is significant, requiring careful scrutiny of cost-effectiveness. 4. The sector is Commercial and Institutional Building Construction, a vital part of the economy.
Value Assessment
Rating: fair
The contract value of $50.3M for barracks renovation over approximately 3.8 years appears substantial. Benchmarking against similar large-scale construction projects is necessary to determine if the pricing is competitive and reflects fair market value.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, indicating multiple bidders likely participated. This method generally promotes competitive pricing and allows the government to select the best value offer.
Taxpayer Impact: Full and open competition aims to secure the best possible price for taxpayers by leveraging market forces.
Public Impact
Ensures adequate and safe housing for military personnel, impacting morale and readiness. Supports the construction industry and associated supply chains. Represents a significant investment in military infrastructure modernization.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of specific performance metrics in provided data.
- Potential for cost overruns in large construction projects.
- Long duration of the contract (1385 days).
Positive Signals
- Awarded under full and open competition.
- Addresses a critical military infrastructure need.
- Firm fixed price contract type can limit cost risk for the government.
Sector Analysis
The Commercial and Institutional Building Construction sector is essential for infrastructure development. Spending benchmarks for similar renovation projects would provide context for the $50.3M award, considering factors like scope, location, and complexity.
Small Business Impact
The data indicates that small businesses were not directly awarded this contract (ss: false, sb: false). Further analysis would be needed to determine if small businesses participated as subcontractors.
Oversight & Accountability
The contract was awarded by the Department of the Army, part of the Department of Defense. Standard oversight mechanisms for federal construction contracts would apply, including contract administration and performance monitoring.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Defense Contracting
- Department of the Army Programs
Risk Flags
- Significant contract value.
- Long contract duration.
- Potential for scope creep in construction projects.
- Lack of detailed performance data.
- No indication of small business subcontracting.
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 $50.3 million to TTEC-TESORO JOINT VENTURE. RENOVATION OF BARRACKS
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 $50.3 million.
What is the period of performance?
Start: 2008-09-30. End: 2012-07-16.
What was the specific scope of work for the barracks renovation, and how did it compare to the awarded price?
The provided data lacks specific details on the scope of work for the barracks renovation. A comprehensive review would require access to the contract's statement of work to assess if the $50.3M price was justified by the extent and complexity of the required renovations, including materials, labor, and project management.
Were there any performance issues or disputes during the contract's execution, given its significant value and duration?
The provided data does not contain information on contract performance issues or disputes. A thorough risk assessment would involve examining contract performance reports, any modifications, and the final resolution of any claims or issues that arose during the 1385-day period between award and completion.
How effectively did the full and open competition process ensure the best value was achieved for this large-scale construction project?
While full and open competition is designed to foster value, its effectiveness hinges on the quality of proposals received and the evaluation criteria used. Assessing the value achieved would require comparing the final outcome against the initial solicitation, considering factors like adherence to schedule, budget, and quality standards, as well as any post-award modifications.
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: 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: $50,291,102
Exercised Options: $50,291,102
Current Obligation: $50,291,102
Contract Characteristics
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: W912HN07D0058
IDV Type: IDC
Timeline
Start Date: 2008-09-30
Current End Date: 2012-07-16
Potential End Date: 2012-07-16 00:00:00
Last Modified: 2013-07-05
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