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

Positive Signals

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

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 $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: 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: $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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