VA Awards $5.47M Contract to Yerkes South Inc. for Building 7 Roof Replacement

Contract Overview

Contract Amount: $5,467,717 ($5.5M)

Contractor: Yerkes South Inc.

Awarding Agency: Department of Veterans Affairs

Start Date: 2024-02-23

End Date: 2026-08-31

Contract Duration: 920 days

Daily Burn Rate: $5.9K/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: PROJECT #502-21-104 - REPLACE BLDG 7 ROOF

Place of Performance

Location: PINEVILLE, RAPIDES County, LOUISIANA, 71360

State: Louisiana Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $5.5 million to YERKES SOUTH INC. for work described as: PROJECT #502-21-104 - REPLACE BLDG 7 ROOF Key points: 1. Contract awarded for a significant building infrastructure upgrade. 2. Competition method indicates potential for competitive pricing. 3. Risk is moderate, tied to project timeline and execution. 4. Sector is primarily construction/facilities maintenance.

Value Assessment

Rating: good

The contract value of $5.47M for a roof replacement appears reasonable for a project of this scale. Benchmarking against similar large-scale roofing projects for federal facilities would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES'. This suggests an initial limited competition, potentially impacting the breadth of price discovery compared to truly full and open competition.

Taxpayer Impact: Taxpayer funds are being used for essential infrastructure maintenance, ensuring the longevity of VA facilities.

Public Impact

Ensures continued operational capacity for VA facilities. Supports local economy through construction services. Addresses potential water damage and associated repair costs.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition may have reduced price optimization.
Project duration is substantial, increasing exposure to potential delays.

Positive Signals

Firm fixed price contract provides cost certainty.
Essential infrastructure maintenance.

Sector Analysis

This contract falls within the construction and facilities maintenance sector, specifically focusing on roofing. Spending in this area is crucial for maintaining government assets and preventing costlier repairs due to neglect.

Small Business Impact

The data does not indicate whether small businesses were involved as prime contractors or subcontractors. Further analysis would be needed to assess small business participation.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract. Standard contract management practices should ensure adherence to scope, budget, and timeline.

Related Government Programs

Roofing Contractors
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Potential for limited price competition.
Long project duration increases risk of delays.
Dependence on a single contractor for a critical repair.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $5.5 million to YERKES SOUTH INC.. PROJECT #502-21-104 - REPLACE BLDG 7 ROOF

Who is the contractor on this award?

The obligated recipient is YERKES SOUTH INC..

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 $5.5 million.

What is the period of performance?

Start: 2024-02-23. End: 2026-08-31.

What is the estimated cost per square foot for the roof replacement, and how does it compare to industry benchmarks?

Without the square footage of Building 7's roof, a precise per-square-foot cost cannot be calculated. However, the total contract value of $5.47M suggests a significant area. Industry benchmarks for commercial roofing can range widely based on materials and complexity, typically from $10 to $30+ per square foot. A detailed cost breakdown would be necessary for a direct comparison.

What were the specific reasons for excluding other sources in the competition phase?

The exclusion of sources typically occurs when specific capabilities, past performance, or unique requirements are identified that only a limited number of contractors can meet. Understanding these specific criteria is crucial to determine if the exclusion was justified or if it unnecessarily limited competition and potentially inflated costs.

How will the VA ensure the quality of the roof replacement and prevent future issues?

The VA will likely employ project managers and quality assurance specialists to monitor the work, ensuring it meets specifications and industry standards. Post-completion inspections and warranty provisions within the contract will also be critical for ensuring long-term quality and addressing any latent defects.

Industry Classification

NAICS: Construction › Foundation, Structure, and Building Exterior Contractors › Roofing Contractors

Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTY › MAINT, ALTER, REPAIR BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: 36C25623R0051

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 4799 HINOTE RD, CRESTVIEW, FL, 32539

Business Categories: 8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, Economically Disadvantaged Women Owned Small Business, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business, Woman Owned Business, Women Owned Small Business

Financial Breakdown

Contract Ceiling: $5,467,717

Exercised Options: $5,467,717

Current Obligation: $5,467,717

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline