Department of Labor awards $44.17M contract to MINACT, INC for Job Corps Center services
Contract Overview
Contract Amount: $44,169,947 ($44.2M)
Contractor: Minact, Inc
Awarding Agency: Department of Labor
Start Date: 2015-09-01
End Date: 2020-10-31
Contract Duration: 1,887 days
Daily Burn Rate: $23.4K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 6
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: IGF::CT::IGF CONTRACT AWARD FOR THE BL HOOKS JOB CORPS CENTER
Place of Performance
Location: MEMPHIS, SHELBY County, TENNESSEE, 38116
Plain-Language Summary
Department of Labor obligated $44.2 million to MINACT, INC for work described as: IGF::CT::IGF CONTRACT AWARD FOR THE BL HOOKS JOB CORPS CENTER Key points: 1. The contract value of $44.17M over 5 years represents significant investment in vocational training. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. The fixed-price contract type aims to control costs for the government. 4. The sector is 'Other Technical and Trade Schools', indicating a focus on specialized education.
Value Assessment
Rating: good
The contract value of $44.17M for Job Corps Center services appears reasonable given the duration and scope. Benchmarking against similar educational service contracts would provide further validation.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally promotes price discovery and competitive pricing.
Taxpayer Impact: The use of full and open competition and a firm fixed-price contract type are intended to ensure taxpayer funds are used efficiently for essential educational services.
Public Impact
Provides vocational training and educational services to students at the BL Hooks Job Corps Center. Supports workforce development initiatives by equipping individuals with job skills. Impacts students in Tennessee seeking career advancement through specialized training.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Contract duration of 1887 days (over 5 years) may warrant closer monitoring for performance and cost overruns.
- Lack of specific performance metrics in the provided data makes it difficult to assess effectiveness fully.
Positive Signals
- Firm fixed-price contract type helps manage cost uncertainty.
- Full and open competition suggests a robust procurement process.
- Award to a single vendor (MINACT, INC) implies they met all requirements effectively.
Sector Analysis
The contract falls within the 'Other Technical and Trade Schools' sector, which is crucial for workforce development. Spending in this area supports government initiatives to provide vocational training and improve employment outcomes.
Small Business Impact
The data indicates the award was not set aside for small businesses (ss: false, sb: false). Further analysis would be needed to determine if small businesses were involved as subcontractors.
Oversight & Accountability
The contract was awarded by the Department of Labor's Office of the Assistant Secretary for Administration and Management, suggesting established oversight. Regular performance reviews and audits would be standard for a contract of this magnitude.
Related Government Programs
- Other Technical and Trade Schools
- Department of Labor Contracting
- Office of the Assistant Secretary for Administration and Management Programs
Risk Flags
- Long contract duration increases potential for scope creep or performance degradation.
- Lack of explicit performance metrics in the summary data.
- Potential for cost overruns if not managed tightly, despite fixed-price structure.
- No indication of small business participation in the primary award.
Tags
other-technical-and-trade-schools, department-of-labor, tn, definitive-contract, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Labor awarded $44.2 million to MINACT, INC. IGF::CT::IGF CONTRACT AWARD FOR THE BL HOOKS JOB CORPS CENTER
Who is the contractor on this award?
The obligated recipient is MINACT, INC.
Which agency awarded this contract?
Awarding agency: Department of Labor (Office of the Assistant Secretary for Administration and Management).
What is the total obligated amount?
The obligated amount is $44.2 million.
What is the period of performance?
Start: 2015-09-01. End: 2020-10-31.
What specific training programs and services are included under this contract, and how do they align with current labor market demands?
The contract likely covers a range of vocational training programs tailored to the needs of the BL Hooks Job Corps Center students. Alignment with labor market demands would depend on the specific curriculum, instructor qualifications, and industry partnerships established by MINACT, INC. A review of the detailed statement of work would clarify the specific offerings and their relevance to current employment opportunities.
What are the key performance indicators (KPIs) for this contract, and how has MINACT, INC performed against them?
Key performance indicators for such a contract typically include student graduation rates, job placement rates, employer satisfaction, and program completion times. Without access to performance reports, it's difficult to assess MINACT, INC's effectiveness. The Department of Labor would typically monitor these KPIs to ensure the contractor is meeting its obligations and delivering value.
What is the cost per student or per training hour, and how does it compare to industry benchmarks?
Calculating the precise cost per student or training hour requires detailed financial data and student enrollment numbers, which are not provided. However, the total contract value of $44.17M over approximately 1887 days suggests a significant investment. Benchmarking this against similar Job Corps center contracts or other vocational training programs would be necessary to determine cost-effectiveness.
Industry Classification
NAICS: Educational Services › Technical and Trade Schools › Other Technical and Trade Schools
Product/Service Code: OPERATION OF GOVT OWNED FACILITY › OPERATE GOVT OWNED BUILDINGS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Offers Received: 6
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 5220 KEELE ST, JACKSON, MS, 39206
Business Categories: Black American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Not Designated a Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business
Financial Breakdown
Contract Ceiling: $45,022,637
Exercised Options: $45,022,637
Current Obligation: $44,169,947
Actual Outlays: $9,866,975
Contract Characteristics
Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED
Cost or Pricing Data: YES
Timeline
Start Date: 2015-09-01
Current End Date: 2020-10-31
Potential End Date: 2021-09-22 00:00:00
Last Modified: 2022-04-25
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