GSA Awards $3.7M Construction Contract to Schroeder Construction Management for LPOE Refresh and Expansion

Contract Overview

Contract Amount: $3,704,212 ($3.7M)

Contractor: Schroeder Construction Management Inc

Awarding Agency: General Services Administration

Start Date: 2025-09-22

End Date: 2026-12-11

Contract Duration: 445 days

Daily Burn Rate: $8.3K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: 47PB0025F0426 - DERBY 5 LPOE REFRESH & CPB 2ND FLOOR EXPANSION

Place of Performance

Location: DERBY, ORLEANS County, VERMONT, 05829

State: Vermont Government Spending

Plain-Language Summary

General Services Administration obligated $3.7 million to SCHROEDER CONSTRUCTION MANAGEMENT INC for work described as: 47PB0025F0426 - DERBY 5 LPOE REFRESH & CPB 2ND FLOOR EXPANSION Key points: 1. The contract is for building construction services, specifically a "LPOE Refresh & CPB 2nd Floor Expansion". 2. Schroeder Construction Management Inc. is the awarded contractor. 3. The contract was awarded under "Full and Open Competition After Exclusion of Sources", indicating a specific reason for limiting initial sources. 4. The project duration is 445 days, with an expected completion date in late 2026.

Value Assessment

Rating: fair

The contract value of $3.7M appears to be a fixed price for a significant construction project. Without specific benchmarks for similar "LPOE Refresh & CPB 2nd Floor Expansion" projects in Vermont, a precise pricing assessment is difficult. However, the fixed-price nature suggests an attempt to control costs upfront.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The competition method "FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES" suggests that while the competition was intended to be open, certain sources were initially excluded. This could impact price discovery if the pool of eligible bidders was smaller than a truly open competition.

Taxpayer Impact: The taxpayer impact is the $3.7M investment in federal building infrastructure. The effectiveness of this spending depends on the successful completion of the project within budget and to required standards.

Public Impact

Federal employees will benefit from updated facilities, potentially improving workspace efficiency and morale. Local economy may see a boost through employment opportunities generated by the construction project. Taxpayers are funding the modernization of federal property, aiming for long-term asset preservation and utility.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition method could lead to higher costs than a fully open bid.
Potential for scope creep or unforeseen issues in construction projects.
Contract awarded to a single entity, limiting immediate alternative options.

Positive Signals

Fixed-price contract helps control overall project cost.
Project aims to improve federal facility functionality.
Clear end date for project completion.

Sector Analysis

This contract falls under the Commercial and Institutional Building Construction sector (NAICS 236220). Spending in this sector is crucial for maintaining and upgrading government facilities. Benchmarks for similar projects would typically consider square footage, complexity of renovations, and regional labor costs.

Small Business Impact

The data indicates that small business participation was not a stated requirement or outcome for this specific contract (ss: false, sb: false). This suggests that the primary awardee is likely not a small business, and there's no explicit provision for subcontracting to small businesses in the provided details.

Oversight & Accountability

The General Services Administration (GSA) is responsible for overseeing federal building management. Oversight would involve monitoring project progress, quality of work, and adherence to contract terms to ensure taxpayer funds are used effectively and the project meets its objectives.

Related Government Programs

Commercial and Institutional Building Construction
General Services Administration Contracting
Public Buildings Service Programs

Risk Flags

Limited competition may have reduced price competitiveness.
Construction projects inherently carry risks of delays and cost overruns.
Lack of explicit small business participation could be a missed opportunity for economic inclusion.
The specific nature of 'LPOE Refresh & CPB 2nd Floor Expansion' requires detailed understanding for full risk assessment.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $3.7 million to SCHROEDER CONSTRUCTION MANAGEMENT INC. 47PB0025F0426 - DERBY 5 LPOE REFRESH & CPB 2ND FLOOR EXPANSION

Who is the contractor on this award?

The obligated recipient is SCHROEDER CONSTRUCTION MANAGEMENT INC.

Which agency awarded this contract?

Awarding agency: General Services Administration (Public Buildings Service).

What is the total obligated amount?

The obligated amount is $3.7 million.

What is the period of performance?

Start: 2025-09-22. End: 2026-12-11.

What specific factors 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 due to specific requirements, past performance issues, or unique capabilities needed for the project. Understanding these factors is crucial to assess if the chosen method optimized value. If the excluded sources could have offered competitive pricing or superior solutions, the final price might be higher than it could have been under a broader competition.

What are the key performance indicators (KPIs) for this construction project, and how will their achievement be measured to ensure effectiveness and value for money?

Key performance indicators for construction projects often include adherence to schedule, budget compliance, quality of workmanship (meeting specifications), safety record, and successful completion of all defined scope elements. Effectiveness will be measured by the successful delivery of the expanded and refreshed facility, ensuring it meets the functional requirements of the GSA. Value for money will be assessed against the initial fixed price and the long-term utility and durability of the improvements.

Given the fixed-price nature of the contract, what mechanisms are in place to manage potential cost overruns due to unforeseen site conditions or material price fluctuations?

While fixed-price contracts aim to cap costs, mechanisms like contingency allowances within the contract, clear change order procedures, and robust site investigation prior to award help mitigate risks. The contract likely specifies how unforeseen conditions will be handled, potentially through change orders that require justification and approval, ensuring that any deviations from the original scope are managed transparently and their cost impact is evaluated.

Industry Classification

NAICS: Construction › Nonresidential Building Construction › Commercial and Institutional Building Construction

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: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 47PB0025R0034

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 2 TOWNSEND W STE 3, NASHUA, NH, 03063

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

Financial Breakdown

Contract Ceiling: $3,704,212

Exercised Options: $3,704,212

Current Obligation: $3,704,212

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 47PB0023D0016

IDV Type: IDC

Timeline