GSA awards $1.66M contract for financial center renovation, highlighting competitive bidding

Contract Overview

Contract Amount: $165,840 ($165.8K)

Contractor: Artisan Construction Enterprises Inc

Awarding Agency: General Services Administration

Start Date: 2025-12-29

End Date: 2026-06-01

Contract Duration: 154 days

Daily Burn Rate: $1.1K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: CONSTRUCTION SERVICES FOR RENOVATION OF FINANCIAL CENTER FIRST CREDIT UNION, EMMETT J BEAN FEDERAL CENTER, 8899 E 56TH STREET, INDIANAPOLIS, IN.

Place of Performance

Location: INDIANAPOLIS, MARION County, INDIANA, 46249

State: Indiana Government Spending

Plain-Language Summary

General Services Administration obligated $165,840 to ARTISAN CONSTRUCTION ENTERPRISES INC for work described as: CONSTRUCTION SERVICES FOR RENOVATION OF FINANCIAL CENTER FIRST CREDIT UNION, EMMETT J BEAN FEDERAL CENTER, 8899 E 56TH STREET, INDIANAPOLIS, IN. Key points: 1. Contract awarded for renovation of a federal financial center, indicating a need for facility upgrades. 2. The contract was awarded under full and open competition, suggesting a robust bidding process. 3. The fixed-price contract type aims to control costs and provide predictability. 4. The project duration is approximately 154 days, indicating a focused scope of work. 5. The awardee, Artisan Construction Enterprises Inc., will perform work in Indiana. 6. This contract falls under the Commercial and Institutional Building Construction NAICS code.

Value Assessment

Rating: good

The contract value of $1.66 million for renovation services appears reasonable for a federal building project of this nature. Benchmarking against similar GSA renovation contracts would provide a more precise value-for-money assessment. The firm fixed-price structure suggests that the contractor assumes the risk for cost overruns, which is generally favorable for the government.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through 'full and open competition after exclusion of sources,' indicating that all responsible sources were permitted to submit a bid. While the exact number of bids received is not detailed, this procurement method generally fosters a competitive environment, leading to potentially better pricing and quality.

Taxpayer Impact: This competitive approach is beneficial for taxpayers as it encourages multiple companies to offer their best prices and services, driving down costs and ensuring the government receives good value for its investment.

Public Impact

The primary beneficiaries are federal employees and the public who utilize the Emmett J Bean Federal Center. The services delivered include construction and renovation to upgrade the financial center's facilities. The geographic impact is localized to Indianapolis, Indiana, where the federal center is located. The contract supports the construction and skilled trades workforce in the Indianapolis area.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for scope creep if unforeseen renovation issues arise, though the fixed-price contract mitigates this risk.
Dependence on the contractor's ability to meet the schedule and quality standards.
Ensuring compliance with all federal building codes and accessibility standards during renovation.

Positive Signals

Awarded through full and open competition, suggesting a competitive market for these services.
Firm fixed-price contract provides cost certainty for the government.
Clear project scope and defined duration can lead to efficient execution.

Sector Analysis

This contract falls within the Construction sector, specifically Commercial and Institutional Building Construction. The market for federal building renovations is substantial, driven by the need to maintain and modernize aging government facilities. This specific contract represents a small portion of overall federal construction spending, but is indicative of ongoing investments in public infrastructure.

Small Business Impact

The data indicates this contract was not set aside for small businesses (ss: false, sb: false). Therefore, the primary award went to Artisan Construction Enterprises Inc. without specific small business preferences. There is no information provided on subcontracting plans, but large federal construction contracts often include requirements for small business participation, which would need to be verified.

Oversight & Accountability

Oversight for this contract will likely be managed by the General Services Administration (GSA), specifically its Public Buildings Service. Mechanisms include contract performance monitoring, site inspections, and adherence to the firm fixed-price agreement. Transparency is generally maintained through federal contract databases like FPDS. Inspector General jurisdiction would apply in cases of fraud, waste, or abuse.

Related Government Programs

Federal Building Renovations
GSA Facility Management
Commercial Construction Services
Public Infrastructure Projects

Risk Flags

Potential for unforeseen site conditions impacting schedule/cost.
Contractor performance risk (quality, timeliness).
Need for robust GSA oversight to ensure compliance and quality.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $165,840 to ARTISAN CONSTRUCTION ENTERPRISES INC. CONSTRUCTION SERVICES FOR RENOVATION OF FINANCIAL CENTER FIRST CREDIT UNION, EMMETT J BEAN FEDERAL CENTER, 8899 E 56TH STREET, INDIANAPOLIS, IN.

Who is the contractor on this award?

The obligated recipient is ARTISAN CONSTRUCTION ENTERPRISES INC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $165,840.

What is the period of performance?

Start: 2025-12-29. End: 2026-06-01.

What is the track record of Artisan Construction Enterprises Inc. with federal contracts?

Artisan Construction Enterprises Inc. has been awarded federal contracts, as indicated by this award. To fully assess their track record, a deeper dive into their past performance on similar federal projects would be necessary. This would involve reviewing contract histories for on-time delivery, adherence to budget, quality of work, and any past performance issues or disputes. Understanding their experience with GSA projects specifically would also be valuable in gauging their suitability for this renovation.

How does the awarded amount compare to similar federal financial center renovation projects?

The awarded amount of $1.66 million for the renovation of the Emmett J Bean Federal Center needs to be benchmarked against comparable projects. Factors such as the size of the facility, the scope of renovation (e.g., structural, cosmetic, systems upgrades), and the geographic location significantly influence costs. Without specific data on similar GSA financial center renovations, it's difficult to definitively state if this represents excellent or fair value. However, the competitive bidding process suggests an effort to achieve market-driven pricing.

What are the primary risks associated with this renovation contract?

Key risks include potential unforeseen conditions discovered during renovation (e.g., structural issues, hazardous materials) which could impact schedule and cost, although the firm fixed-price contract shifts cost risk to the contractor. There's also a risk related to the contractor's performance, including delays or quality deficiencies. Ensuring timely completion and adherence to all federal building codes and security requirements are critical risk mitigation areas for the GSA.

How effective is the 'full and open competition after exclusion of sources' method for this type of contract?

This procurement method is generally considered effective for ensuring a competitive marketplace and achieving fair pricing for construction services. By allowing all responsible sources to bid, it maximizes the pool of potential contractors, increasing the likelihood of receiving competitive offers. For renovations, it allows specialized construction firms to compete, potentially leading to better technical solutions and value. The effectiveness is further enhanced when the solicitation clearly defines the scope and requirements.

What is the historical spending pattern for renovations at the Emmett J Bean Federal Center or similar GSA facilities?

Historical spending data for renovations at this specific federal center or similar GSA facilities would provide valuable context. Analyzing past expenditures can reveal trends in maintenance needs, upgrade cycles, and average project costs. If this $1.66 million award is significantly higher or lower than historical averages for comparable work, it warrants further investigation into the scope, market conditions, or potential efficiencies/inefficiencies.

What are the implications of the 154-day duration on the project's scope and potential disruption?

A 154-day duration suggests a focused renovation project rather than a complete overhaul. This timeframe implies that the scope likely involves specific areas or systems within the financial center. A shorter duration can minimize disruption to ongoing federal operations and public access. However, it also means the work must be executed efficiently, requiring careful planning and coordination by the contractor to meet the deadline without compromising quality.

Industry Classification

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

Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTY › MAINT, 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: 47PF0025Q0084

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 439 W MILL ST, JAMESTOWN, IN, 46147

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

Financial Breakdown

Contract Ceiling: $165,840

Exercised Options: $165,840

Current Obligation: $165,840

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 47PF0024D0032

IDV Type: IDC

Timeline