New Mexico Road Rehab Contract Awarded for $8.3M to Siete Inc

Contract Overview

Contract Amount: $8,328,169 ($8.3M)

Contractor: Siete Inc

Awarding Agency: Department of Transportation

Start Date: 2026-03-04

End Date: 2026-07-24

Contract Duration: 142 days

Daily Burn Rate: $58.6K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 7

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: NM BR AAO EL VADO HERON & EL VADO ROAD REHABILITATION: CONSTRUCTION CONTRACT ROAD & PARKING REHABILITATION, FULL DEPTH RECLAMATION, ASPHALT CONCRETE PAVEMENT, CULVERTS, CONCRETE SIDEWALK/CURB, ADA ACCESSIBILITY, SIGNAGE & PAVEMENT MARKIN

Place of Performance

Location: LOS OJOS, RIO ARRIBA County, NEW MEXICO, 87551

State: New Mexico Government Spending

Plain-Language Summary

Department of Transportation obligated $8.3 million to SIETE INC for work described as: NM BR AAO EL VADO HERON & EL VADO ROAD REHABILITATION: CONSTRUCTION CONTRACT ROAD & PARKING REHABILITATION, FULL DEPTH RECLAMATION, ASPHALT CONCRETE PAVEMENT, CULVERTS, CONCRETE SIDEWALK/CURB, ADA ACCESSIBILITY, SIGNAGE & PAVEMENT MARKIN Key points: 1. Contract focuses on comprehensive road and parking rehabilitation, including reclamation, paving, and ADA compliance. 2. Competition method was 'Full and Open Competition After Exclusion of Sources', suggesting a specific justification for source exclusion. 3. The contract is a Firm Fixed Price type, providing cost certainty for the government. 4. This project falls under the Highway, Street, and Bridge Construction sector.

Value Assessment

Rating: fair

The contract value of $8.3M for road rehabilitation appears within a reasonable range for a project of this scope. However, without specific benchmarks for the type and extent of work (full depth reclamation, asphalt paving, ADA compliance), a precise pricing assessment is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The competition method 'Full and Open Competition After Exclusion of Sources' indicates that while the competition was intended to be broad, specific sources were excluded. This could potentially limit price discovery and competition compared to a truly unrestricted full and open process.

Taxpayer Impact: The use of a limited competition method may result in a higher price than if all potential sources were allowed to compete, potentially impacting taxpayer funds.

Public Impact

Improved transportation infrastructure in New Mexico, enhancing safety and accessibility. Potential for local economic impact through construction jobs and material sourcing. ADA accessibility improvements will benefit individuals with disabilities. The project addresses critical road and parking rehabilitation needs.

Waste & Efficiency Indicators

Waste Risk Score: 58 / 10

Warning Flags

Limited competition method raises questions about optimal price discovery.
Lack of detailed cost breakdown makes independent validation challenging.

Positive Signals

Firm Fixed Price contract provides budget certainty.
Project addresses essential infrastructure needs.
Clear project scope with defined deliverables.

Sector Analysis

This contract falls within the Highway, Street, and Bridge Construction sector, which is vital for national and local transportation networks. Spending in this sector can vary significantly based on infrastructure needs, federal funding allocations, and economic conditions.

Small Business Impact

The data indicates the contract was awarded to Siete Inc. and does not specify any small business participation or subcontracting goals. Further analysis would be needed to determine if small businesses were involved or had opportunities.

Oversight & Accountability

The contract is managed by the Federal Highway Administration, a component of the Department of Transportation. Oversight would typically involve monitoring project progress, quality, and adherence to contract terms to ensure taxpayer funds are used effectively.

Related Government Programs

Highway, Street, and Bridge Construction
Department of Transportation Contracting
Federal Highway Administration Programs

Risk Flags

Limited competition may not yield the best price.
Lack of transparency regarding source exclusion.
Potential for cost overruns if unforeseen issues arise.
Need for robust quality assurance to ensure long-term durability.

Frequently Asked Questions

What is this federal contract paying for?

Department of Transportation awarded $8.3 million to SIETE INC. NM BR AAO EL VADO HERON & EL VADO ROAD REHABILITATION: CONSTRUCTION CONTRACT ROAD & PARKING REHABILITATION, FULL DEPTH RECLAMATION, ASPHALT CONCRETE PAVEMENT, CULVERTS, CONCRETE SIDEWALK/CURB, ADA ACCESSIBILITY, SIGNAGE & PAVEMENT MARKIN

Who is the contractor on this award?

The obligated recipient is SIETE INC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $8.3 million.

What is the period of performance?

Start: 2026-03-04. End: 2026-07-24.

What specific factors led to the exclusion of certain sources in the 'Full and Open Competition After Exclusion of Sources' process, and how did this impact the final price?

The specific factors leading to source exclusion are not detailed in the provided data. Typically, such exclusions might be based on unique capabilities, past performance, or specific technical requirements. Understanding these factors is crucial to assess if the exclusion was justified and if it potentially limited competitive pricing, thereby impacting the final awarded amount.

How does the awarded price of $8.3M compare to similar road rehabilitation projects of comparable scope and complexity in the region or nationally?

Benchmarking this $8.3M contract against similar projects requires access to a broader dataset of construction contracts. Factors like the extent of full-depth reclamation, square footage of asphalt paving, complexity of ADA compliance, and local labor/material costs would need to be considered. Without this comparative data, it's difficult to definitively state if the price represents excellent value or is inflated.

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

Key performance indicators for this contract would likely include adherence to schedule (projected end date of July 24, 2026), quality of construction (meeting material specifications and standards), and successful completion of all specified work elements (reclamation, paving, sidewalks, ADA compliance). Effectiveness will be measured by the long-term durability of the rehabilitated road and parking areas and user satisfaction.

Industry Classification

NAICS: Construction › Highway, Street, and Bridge Construction › Highway, Street, and Bridge Construction

Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIES › CONSTRUCTION OF BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SEALED BID

Solicitation ID: 6982AF25B000003

Offers Received: 7

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 8155 PARK RD, RYE, CO, 81069

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

Financial Breakdown

Contract Ceiling: $8,328,169

Exercised Options: $8,328,169

Current Obligation: $8,328,169

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline