GSA Awards $21.5M Generator Project to Magnum Inc. for Philadelphia VA Facility

Contract Overview

Contract Amount: $21,519,298 ($21.5M)

Contractor: Magnum Inc

Awarding Agency: General Services Administration

Start Date: 2024-09-24

End Date: 2027-10-12

Contract Duration: 1,113 days

Daily Burn Rate: $19.3K/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: VETERANS ADMINISTRATION AND PHILADELPHIA INFORMATION TECHNOLOGY CENTER, GENERATOR REPLACEMENT CONSTRUCTION PROJECT, 5000 WISSAHICKON AVENUE, PHILADELPHIA, PA 19144.

Place of Performance

Location: PHILADELPHIA, PHILADELPHIA County, PENNSYLVANIA, 19144

State: Pennsylvania Government Spending

Plain-Language Summary

General Services Administration obligated $21.5 million to MAGNUM INC for work described as: VETERANS ADMINISTRATION AND PHILADELPHIA INFORMATION TECHNOLOGY CENTER, GENERATOR REPLACEMENT CONSTRUCTION PROJECT, 5000 WISSAHICKON AVENUE, PHILADELPHIA, PA 19144. Key points: 1. The project involves significant construction for a critical VA facility. 2. Magnum Inc. secured the contract through full and open competition. 3. The firm-fixed-price contract aims to control costs over the project duration. 4. This project falls within the commercial and institutional building construction sector.

Value Assessment

Rating: good

The $21.5 million award appears reasonable for a large-scale generator replacement construction project at a major federal facility. Benchmarking against similar projects would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded using full and open competition after exclusion of sources, indicating a competitive bidding process. This method generally promotes price discovery and potentially better pricing for the government.

Taxpayer Impact: The competitive award process is expected to yield a fair price, ensuring taxpayer funds are used efficiently for essential infrastructure.

Public Impact

Ensures reliable power for critical Veterans Affairs services. Supports infrastructure modernization at a key federal site. Creates construction jobs in the Philadelphia area.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This project falls under Commercial and Institutional Building Construction, a sector vital for maintaining federal facilities. Spending benchmarks for similar construction projects can vary widely based on scope and location.

Small Business Impact

The contract was not awarded to small businesses, as indicated by 'sb': false. Future opportunities may exist for small businesses as subcontractors.

Oversight & Accountability

The General Services Administration (GSA) managed the procurement, indicating established oversight. The Public Buildings Service (PBS) is responsible for managing federal building construction and operations.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, general-services-administration, pa, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $21.5 million to MAGNUM INC. VETERANS ADMINISTRATION AND PHILADELPHIA INFORMATION TECHNOLOGY CENTER, GENERATOR REPLACEMENT CONSTRUCTION PROJECT, 5000 WISSAHICKON AVENUE, PHILADELPHIA, PA 19144.

Who is the contractor on this award?

The obligated recipient is MAGNUM INC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $21.5 million.

What is the period of performance?

Start: 2024-09-24. End: 2027-10-12.

What is the projected impact of the generator replacement on the operational continuity of the VA facility?

The generator replacement is critical for ensuring uninterrupted power supply to the VA facility, safeguarding essential medical services and administrative functions. This upgrade mitigates risks associated with power outages, thereby maintaining the continuity of care for veterans and the efficiency of facility operations.

Are there any identified risks associated with the firm-fixed-price contract type for this construction project?

While firm-fixed-price contracts aim to control costs, risks can emerge if unforeseen site conditions or scope changes occur. The contractor bears the primary financial risk for cost overruns, but significant change orders could still impact the final price and schedule.

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

This generator replacement project directly supports federal infrastructure modernization by upgrading essential, aging equipment at a critical VA facility. It enhances resilience against power disruptions and ensures the facility can continue to meet its mission requirements effectively.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionCommercial and Institutional Building Construction

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 47PD0224R0079

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 650 CATHERINE ST, WARMINSTER, PA, 18974

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

Financial Breakdown

Contract Ceiling: $28,498,249

Exercised Options: $21,519,298

Current Obligation: $21,519,298

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 47PD0223D0009

IDV Type: IDC

Timeline

Start Date: 2024-09-24

Current End Date: 2027-10-12

Potential End Date: 2028-01-12 00:00:00

Last Modified: 2026-02-03

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