GSA's $19.5M Facilities Support Services Contract with LB & B Associates Inc. Awarded via Full and Open Competition

Contract Overview

Contract Amount: $19,491,906 ($19.5M)

Contractor: LB & B Associates Inc

Awarding Agency: General Services Administration

Start Date: 2000-01-15

End Date: 2008-10-31

Contract Duration: 3,212 days

Daily Burn Rate: $6.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Place of Performance

Location: COLUMBIA, HOWARD County, MARYLAND, 21046

State: Maryland Government Spending

Plain-Language Summary

General Services Administration obligated $19.5 million to LB & B ASSOCIATES INC for work described as: Key points: 1. Contract awarded for Facilities Support Services, a critical operational need. 2. LB & B Associates Inc. secured the contract, indicating competitive positioning. 3. The contract spans nearly 9 years, suggesting long-term service provision. 4. Fixed Price with Economic Price Adjustment (EPA) is the contract type, allowing for cost fluctuations. 5. The contract was awarded by the General Services Administration (GSA), a major federal agency.

Value Assessment

Rating: fair

The contract's total value is $19.5 million over its duration. Without specific per-unit cost data or benchmarks for similar facilities support services, a precise value assessment is difficult. The fixed-price with EPA structure introduces potential for cost increases over time.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, suggesting a robust price discovery process. This method typically yields competitive pricing as multiple bidders vie for the contract.

Taxpayer Impact: Full and open competition generally benefits taxpayers by driving down costs through market forces. However, the economic price adjustment clause could mitigate some of these savings over the contract's long term.

Public Impact

Ensures continued operation of federal facilities managed by GSA. Supports jobs within the facilities management sector. Potential for cost increases due to economic price adjustments impacts taxpayer funds. Long contract duration may limit opportunities for newer, potentially more innovative service providers.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Economic Price Adjustment (EPA) clause can lead to cost overruns.
Long contract duration (nearly 9 years) may not reflect current market efficiencies.
Lack of specific performance metrics makes it hard to gauge service effectiveness.
No indication of small business participation.

Positive Signals

Awarded through full and open competition, suggesting competitive pricing.
Contract supports essential facilities management services.
Experienced contractor (LB & B Associates Inc.) likely provides reliable service.

Sector Analysis

Facilities Support Services fall under the broader professional, scientific, and technical services sector. Spending in this sector is substantial, driven by government needs for operational support across various agencies. Benchmarks are difficult without specific service details, but GSA contracts often represent significant investments.

Small Business Impact

The data indicates that this contract was not awarded to a small business (ss: false, sb: false). There is no specific information provided regarding subcontracting opportunities for small businesses.

Oversight & Accountability

The General Services Administration (GSA) is responsible for overseeing this contract. Standard GSA oversight mechanisms should be in place, but specific details on performance monitoring or accountability measures are not provided in the data.

Related Government Programs

Facilities Support Services
General Services Administration Contracting
Public Buildings Service Programs

Risk Flags

Potential for cost escalation due to EPA.
Long contract duration may not reflect current market efficiencies.
Lack of transparency on performance metrics.
No small business participation identified.
Limited insight into specific services rendered for the price.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $19.5 million to LB & B ASSOCIATES INC. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is LB & B ASSOCIATES INC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $19.5 million.

What is the period of performance?

Start: 2000-01-15. End: 2008-10-31.

What is the actual cost per unit of service provided under this contract, and how does it compare to industry benchmarks for similar facilities support services?

The provided data lacks specific per-unit cost details, making direct comparison difficult. The total contract value of $19.5 million over 3212 days averages approximately $6,070 per day. Without knowing the scope and volume of services rendered daily, it's impossible to establish a meaningful per-unit cost or benchmark against industry standards for facilities support.

What is the potential financial risk to taxpayers associated with the 'Economic Price Adjustment' (EPA) clause over the contract's nearly nine-year duration?

The EPA clause allows for price increases based on economic factors, such as inflation. Over a contract term of almost nine years, cumulative inflation could significantly increase the total cost beyond the initial fixed-price estimate. The exact financial risk depends on the specific index used for adjustment and the rate of inflation during the contract period.

How effectively has LB & B Associates Inc. performed under this contract, and has the full and open competition resulted in optimal value for the government?

The provided data does not include performance metrics or contractor past performance reviews. While full and open competition suggests a competitive initial award, assessing the ongoing value requires performance data. Without this, it's impossible to definitively state if optimal value has been achieved throughout the contract's lifecycle.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation Services › Facilities Support Services › Facilities Support Services

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Offers Received: 2

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT (K)

Contractor Details

Address: 9891 BROKEN LAND PARKWAY, SUITE 400, COLUMBIA, MD, 03

Business Categories: Asian Pacific American Owned Business, Category Business, Minority Owned Business, Small Business, Woman Owned Business

Financial Breakdown

Contract Ceiling: $18,830,584

Exercised Options: $18,830,584

Current Obligation: $19,491,906

Contract Characteristics

Multi-Year Contract: Yes

Timeline