VA Awards $38.9M for IGAP Phase 5 Construction to RBVETCO, LLC

Contract Overview

Contract Amount: $38,940,668 ($38.9M)

Contractor: Rbvetco, LLC

Awarding Agency: Department of Veterans Affairs

Start Date: 2024-01-19

End Date: 2027-03-01

Contract Duration: 1,137 days

Daily Burn Rate: $34.2K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: IGAP PHASE 5 CONSTRUCTION

Place of Performance

Location: ANNVILLE, LEBANON County, PENNSYLVANIA, 17003

State: Pennsylvania Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $38.9 million to RBVETCO, LLC for work described as: IGAP PHASE 5 CONSTRUCTION Key points: 1. Total contract value is $38.9 million. 2. Competition type is 'Full and Open Competition After Exclusion of Sources'. 3. The contract is a Definitive Contract with a Firm Fixed Price. 4. The project is categorized under 'Other Heavy and Civil Engineering Construction'.

Value Assessment

Rating: fair

The contract value of $38.9 million for heavy civil engineering construction appears within a reasonable range for a project of this scope. However, without specific project details and comparable contract data, a precise pricing assessment is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The competition method 'Full and Open Competition After Exclusion of Sources' suggests a limited competition where specific sources were initially excluded, potentially impacting price discovery. Further details on the exclusion criteria are needed.

Taxpayer Impact: The $38.9 million expenditure represents taxpayer investment in infrastructure. The effectiveness of the competition method in securing the best value for taxpayers is a key consideration.

Public Impact

Construction projects can lead to job creation and economic activity in the local area. Improvements to infrastructure can enhance the services provided by the Department of Veterans Affairs. The duration of the contract (1137 days) indicates a significant, long-term undertaking.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition method may not yield the best price.
Lack of detailed project scope makes value assessment challenging.

Positive Signals

Firm Fixed Price contract provides cost certainty.
Definitive contract structure for a defined project.

Sector Analysis

This contract falls under the heavy and civil engineering construction sector, which is vital for public infrastructure development. Spending benchmarks in this sector vary widely based on project type, location, and scale.

Small Business Impact

The data does not indicate any specific provisions or set-asides for small businesses in this contract award.

Oversight & Accountability

Oversight will be crucial to ensure the project stays on schedule and within budget, given the significant investment and duration. The contracting agency, Department of Veterans Affairs, is responsible for monitoring performance.

Related Government Programs

Other Heavy and Civil Engineering Construction
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Potential for cost overruns if project scope expands.
Risk of delays due to unforeseen site conditions or contractor performance issues.
Limited competition may not have secured the lowest possible price.
Contract duration increases exposure to market fluctuations in material costs.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $38.9 million to RBVETCO, LLC. IGAP PHASE 5 CONSTRUCTION

Who is the contractor on this award?

The obligated recipient is RBVETCO, LLC.

Which agency awarded this contract?

Awarding agency: Department of Veterans Affairs (Department of Veterans Affairs).

What is the total obligated amount?

The obligated amount is $38.9 million.

What is the period of performance?

Start: 2024-01-19. End: 2027-03-01.

What specific criteria led to the exclusion of certain sources in the 'Full and Open Competition After Exclusion of Sources' method, and how did this impact the final price?

The exclusion of sources typically occurs when specific capabilities, past performance, or certifications are required that only a limited number of contractors possess. This can reduce the number of bidders, potentially leading to higher prices if competition is significantly curtailed. Understanding the rationale behind the exclusion is key to assessing if it was justified and if the resulting price reflects fair market value.

What are the key performance indicators (KPIs) for this construction project, and how will adherence to them be monitored to ensure project success and taxpayer value?

Key performance indicators for construction projects often include adherence to schedule, budget, quality standards, safety regulations, and specific technical requirements. Monitoring typically involves regular site inspections, progress reports, milestone reviews, and performance evaluations by the contracting officer's representative. Robust oversight mechanisms are essential to ensure the contractor meets all obligations and delivers the intended value.

How does the $38.9 million contract value compare to similar heavy and civil engineering construction projects undertaken by the VA or other federal agencies in recent years?

Benchmarking this contract against similar projects requires access to a database of federal contract awards. Factors like project scope, complexity, location, and economic conditions influence costs. A preliminary comparison suggests the value is substantial, but without detailed project specifications, it's difficult to definitively state if it represents excellent or fair value relative to market norms.

Industry Classification

NAICS: Construction › Other Heavy and Civil Engineering Construction › Other Heavy and Civil Engineering Construction

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: 36C10F22R0030

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 100 W MAIN ST STE 100, CARNEGIE, PA, 15106

Business Categories: Category Business, DoT Certified Disadvantaged Business Enterprise, Limited Liability Corporation, Partnership or Limited Liability Partnership, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $38,940,668

Exercised Options: $38,940,668

Current Obligation: $38,940,668

Actual Outlays: $19,544,376

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline