Commerce Awards $59.8M for NIST Building Modernization to Hensel Phelps

Contract Overview

Contract Amount: $59,847,770 ($59.8M)

Contractor: Hensel Phelps Construction CO

Awarding Agency: Department of Commerce

Start Date: 2019-09-12

End Date: 2023-11-30

Contract Duration: 1,540 days

Daily Burn Rate: $38.9K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: MODERNIZATION BUILDING 245 B&C WING

Place of Performance

Location: BETHESDA, MONTGOMERY County, MARYLAND, 20889

State: Maryland Government Spending

Plain-Language Summary

Department of Commerce obligated $59.8 million to HENSEL PHELPS CONSTRUCTION CO for work described as: MODERNIZATION BUILDING 245 B&C WING Key points: 1. Significant investment in institutional building construction. 2. Hensel Phelps is a major player in large-scale construction. 3. Potential for cost overruns in long-term, complex projects. 4. Construction sector is subject to material and labor volatility.

Value Assessment

Rating: good

The award amount of $59.8M appears reasonable for a large-scale building modernization project of this duration. Benchmarking against similar NIST or GSA construction contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Full and open competition was utilized, suggesting a robust price discovery process. This method typically leads to more competitive pricing compared to limited or sole-source procurements.

Taxpayer Impact: The use of full and open competition is generally beneficial for taxpayers, as it encourages multiple bids and drives down costs.

Public Impact

Modernization of critical research facilities enhances scientific capabilities. Project completion impacts NIST's operational efficiency and research output. Job creation and economic activity in the Maryland region.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Commercial and Institutional Building Construction sector. Spending in this sector can fluctuate based on federal infrastructure needs and economic conditions. Benchmarks vary widely based on project scope and location.

Small Business Impact

The data indicates no reported small business participation in this large contract. Efforts should be made to ensure subcontracting opportunities are available to small businesses on future projects of this scale.

Oversight & Accountability

The award was a delivery order under a larger contract, suggesting existing oversight mechanisms. However, the long duration necessitates continuous monitoring for performance and cost control.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, department-of-commerce, md, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Commerce awarded $59.8 million to HENSEL PHELPS CONSTRUCTION CO. MODERNIZATION BUILDING 245 B&C WING

Who is the contractor on this award?

The obligated recipient is HENSEL PHELPS CONSTRUCTION CO.

Which agency awarded this contract?

Awarding agency: Department of Commerce (National Institute of Standards and Technology).

What is the total obligated amount?

The obligated amount is $59.8 million.

What is the period of performance?

Start: 2019-09-12. End: 2023-11-30.

What is the projected impact of this modernization on NIST's research output and efficiency?

The modernization of Buildings 245 B&C Wing is expected to significantly enhance NIST's research capabilities by providing updated laboratory spaces, improved infrastructure, and more efficient operational environments. This upgrade should facilitate cutting-edge scientific endeavors and streamline research processes, ultimately boosting the institute's overall productivity and its ability to meet evolving scientific demands.

What are the primary risks associated with the extended project duration and firm fixed price contract?

The primary risks include potential cost overruns due to unforeseen inflation in material and labor costs, as the firm fixed price may not adequately cover market fluctuations over the 1540-day period. Schedule delays are also a significant risk, which could stem from supply chain disruptions, weather impacts, or unforeseen site conditions, potentially leading to increased indirect costs and delayed benefits from the modernized facilities.

How does this investment align with broader federal infrastructure modernization goals?

This investment directly aligns with federal goals to modernize critical infrastructure, particularly for scientific research and development agencies like NIST. By upgrading aging facilities, the project ensures the US maintains a competitive edge in scientific innovation and provides researchers with state-of-the-art tools. It supports the long-term strategic objective of maintaining and advancing national scientific leadership.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionCommercial and Institutional Building Construction

Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTYMAINT, ALTER, REPAIR BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: TWO STEP

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Hensel Phelps - Shimizu JV

Address: 4437 BROOKFIELD CORPORATE DR STE 207, CHANTILLY, VA, 20151

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $59,847,770

Exercised Options: $59,847,770

Current Obligation: $59,847,770

Actual Outlays: $313,829

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: DOCSB134116CQ0026

IDV Type: IDC

Timeline

Start Date: 2019-09-12

Current End Date: 2023-11-30

Potential End Date: 2023-11-30 00:00:00

Last Modified: 2024-02-14

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