DOT Awards $4.27M for Furniture to Price Modern LLC, Delivery Order Under Existing Contract

Contract Overview

Contract Amount: $4,270,050 ($4.3M)

Contractor: Price Modern LLC

Awarding Agency: Department of Transportation

Start Date: 2025-12-15

End Date: 2026-04-30

Contract Duration: 136 days

Daily Burn Rate: $31.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: DESCRIPTION: APM-340 ACE FURNITURE AND RELATED SERVICES FOR SOMERA ROAD 1100 MAIN STREET LLC,

Place of Performance

Location: KANSAS CITY, JACKSON County, MISSOURI, 64105

State: Missouri Government Spending

Plain-Language Summary

Department of Transportation obligated $4.3 million to PRICE MODERN LLC for work described as: DESCRIPTION: APM-340 ACE FURNITURE AND RELATED SERVICES FOR SOMERA ROAD 1100 MAIN STREET LLC, Key points: 1. Contract awarded to Price Modern LLC for office furniture and related services. 2. The contract is a delivery order under an existing contract, suggesting potential for established pricing and supplier relationships. 3. The award value is $4.27 million, with a duration of 136 days. 4. The sector is Office Furniture Manufacturing, a niche within broader manufacturing and services.

Value Assessment

Rating: fair

The contract is a delivery order, making direct pricing comparisons difficult without knowing the base contract's terms. The award value of $4.27M for a 136-day period suggests a significant per-day cost.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating multiple vendors had the opportunity to bid. This method generally promotes competitive pricing.

Taxpayer Impact: Taxpayer funds are being used for office furniture and related services, with the cost determined through a competitive bidding process.

Public Impact

Federal employees will receive new or updated office furniture, potentially improving workspace functionality. The contract supports a specific manufacturing sector, contributing to economic activity within that industry. The use of a delivery order suggests a need for furniture within a defined timeframe for a specific location.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The contract falls under the Office Furniture (except Wood) Manufacturing sector. Spending in this area is typically driven by agency needs for workspace outfitting and upgrades, with benchmarks varying based on quantity, quality, and customization.

Small Business Impact

There is no explicit indication of small business participation in this specific delivery order. Further analysis of the base contract would be needed to assess overall small business utilization.

Oversight & Accountability

As a delivery order under an existing contract, oversight may be integrated into the broader contract management framework. The Department of Transportation's Federal Aviation Administration is the contracting agency.

Related Government Programs

Risk Flags

Tags

office-furniture-except-wood-manufacturi, department-of-transportation, mo, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Transportation awarded $4.3 million to PRICE MODERN LLC. DESCRIPTION: APM-340 ACE FURNITURE AND RELATED SERVICES FOR SOMERA ROAD 1100 MAIN STREET LLC,

Who is the contractor on this award?

The obligated recipient is PRICE MODERN LLC.

Which agency awarded this contract?

Awarding agency: Department of Transportation (Federal Aviation Administration).

What is the total obligated amount?

The obligated amount is $4.3 million.

What is the period of performance?

Start: 2025-12-15. End: 2026-04-30.

What specific 'related services' are included in this contract, and how do they contribute to the overall cost?

The description 'related services' is vague and could encompass delivery, assembly, installation, or even disposal of old furniture. Understanding these specifics is crucial for a comprehensive cost assessment and to ensure value for money. Without this detail, it's difficult to benchmark the true cost-effectiveness of the award beyond the furniture itself.

How does the $4.27 million award for a 136-day period compare to typical spending for similar furniture projects of this scale?

The award value of $4.27 million for approximately 4.5 months of service is substantial. Benchmarking this against similar federal or large-scale private sector office furniture projects would be necessary. Factors like the quantity of items, quality specifications, and complexity of installation significantly influence cost, making direct comparisons challenging without more detailed project scope.

What was the competitive landscape like for this delivery order, and were there any concerns about price discovery despite full and open competition?

While the contract was awarded under 'full and open competition,' the fact that it's a delivery order under an existing contract means the primary competition likely occurred during the initial award of the base contract. The price discovery for this specific order relies on the terms established then. Without access to the base contract's pricing structure and the number of bids received for this specific order, it's hard to definitively assess the effectiveness of price discovery here.

Industry Classification

NAICS: ManufacturingOffice Furniture (including Fixtures) ManufacturingOffice Furniture (except Wood) Manufacturing

Product/Service Code: FURNITURE

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 2604 SISSON ST, BALTIMORE, MD, 21211

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

Financial Breakdown

Contract Ceiling: $4,270,050

Exercised Options: $4,270,050

Current Obligation: $4,270,050

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSMS25D008R

IDV Type: FSS

Timeline

Start Date: 2025-12-15

Current End Date: 2026-04-30

Potential End Date: 2026-04-30 00:00:00

Last Modified: 2026-01-21

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