DOI Awards $45.6M Contract for Old Faithful Water System Rehabilitation to Record Steel and Construction

Contract Overview

Contract Amount: $45,587,465 ($45.6M)

Contractor: Record Steel and Construction, Inc.

Awarding Agency: Department of the Interior

Start Date: 2025-05-13

End Date: 2028-09-30

Contract Duration: 1,236 days

Daily Burn Rate: $36.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: YELL 310533 REHABILITATE AND IMPROVE OLD FAITHFUL WATER TREATMENT SYSTEM GAOA

Place of Performance

Location: YELLOWSTONE NATIONAL PARK, PARK County, WYOMING, 82190

State: Wyoming Government Spending

Plain-Language Summary

Department of the Interior obligated $45.6 million to RECORD STEEL AND CONSTRUCTION, INC. for work described as: YELL 310533 REHABILITATE AND IMPROVE OLD FAITHFUL WATER TREATMENT SYSTEM GAOA Key points: 1. Contract value of $45.6 million for a critical infrastructure project. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. The project addresses essential water treatment system improvements at a national park. 4. Fixed-price contract type aims to control costs for the government.

Value Assessment

Rating: good

The contract value of $45.6 million for water and sewer line construction appears reasonable given the scope of rehabilitating and improving a major national park's water treatment system. Benchmarking against similar large-scale infrastructure projects would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple bidders had the opportunity to submit proposals. This method generally promotes price discovery and can lead to more competitive pricing.

Taxpayer Impact: The investment in upgrading the Old Faithful water treatment system is a necessary expenditure to ensure public health and environmental protection within the national park, ultimately benefiting taxpayers through sustained park operations.

Public Impact

Ensures safe drinking water for visitors and staff at Yellowstone National Park. Protects the environment by upgrading aging water treatment infrastructure. Supports the long-term operational viability of a major national park attraction. Potential for temporary disruptions during construction phases.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for construction delays impacting park operations.
Ensuring long-term effectiveness of the rehabilitated system.

Positive Signals

Critical infrastructure upgrade for a national landmark.
Competitive award process.
Firm fixed price contract for cost certainty.

Sector Analysis

This contract falls within the Construction sector, specifically Water and Sewer Line and Related Structures Construction. The value of $45.6 million is significant for a single project of this nature, reflecting the complexity and importance of national park infrastructure.

Small Business Impact

The data indicates that small businesses were not awarded this contract, as it went to Record Steel and Construction, Inc. Further analysis would be needed to determine if subcontracting opportunities for small businesses are included in the contract scope.

Oversight & Accountability

The National Park Service, under the Department of the Interior, is responsible for overseeing this contract. Robust oversight will be crucial to ensure timely completion, adherence to quality standards, and effective management of taxpayer funds.

Related Government Programs

Water and Sewer Line and Related Structures Construction
Department of the Interior Contracting
National Park Service Programs

Risk Flags

Potential for construction delays impacting park operations.
Ensuring long-term effectiveness and maintenance of the system.
Managing potential environmental impacts during construction.
Coordination with park operations and visitor services.

Frequently Asked Questions

What is this federal contract paying for?

Department of the Interior awarded $45.6 million to RECORD STEEL AND CONSTRUCTION, INC.. YELL 310533 REHABILITATE AND IMPROVE OLD FAITHFUL WATER TREATMENT SYSTEM GAOA

Who is the contractor on this award?

The obligated recipient is RECORD STEEL AND CONSTRUCTION, INC..

Which agency awarded this contract?

Awarding agency: Department of the Interior (National Park Service).

What is the total obligated amount?

The obligated amount is $45.6 million.

What is the period of performance?

Start: 2025-05-13. End: 2028-09-30.

What is the projected impact of the construction timeline on visitor access and experience at Old Faithful?

The contract duration is 1236 days, spanning from May 2025 to September 2028. While specific disruption plans are not detailed, major infrastructure projects in high-traffic areas often involve phased construction, temporary closures of certain facilities, or rerouting of access. The National Park Service will likely implement mitigation strategies to minimize visitor inconvenience and maintain essential services.

How does the awarded price compare to industry benchmarks for similar water treatment system rehabilitation projects?

Without specific details on the scope of work, materials, and regional cost variations, a precise benchmark comparison is challenging. However, $45.6 million for a comprehensive rehabilitation of a critical system in a national park setting, subject to full and open competition, suggests a potentially competitive price. Further analysis would require detailed cost breakdowns and comparisons with similar federal or municipal projects.

What measures are in place to ensure the long-term effectiveness and durability of the rehabilitated water treatment system?

The contract specifies a firm fixed price, which incentivizes the contractor to deliver a durable and effective system within budget. The National Park Service's oversight will be critical in ensuring adherence to design specifications, material quality, and construction standards. Post-construction performance guarantees or warranties, if included in the contract, would further ensure long-term effectiveness.

Industry Classification

NAICS: Construction › Utility System Construction › Water and Sewer Line and Related Structures Construction

Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIES › CONSTRUCTION OF BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: 140P2024R0050

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 333 W ROSSI ST STE 200, BOISE, ID, 83706

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

Financial Breakdown

Contract Ceiling: $45,587,465

Exercised Options: $45,587,465

Current Obligation: $45,587,465

Actual Outlays: $4,450,082

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline