Department of Labor awards $80.8M contract for Excelsior Springs Job Corps Center operations to MINACT, INC

Contract Overview

Contract Amount: $80,814,115 ($80.8M)

Contractor: Minact, Inc

Awarding Agency: Department of Labor

Start Date: 2007-07-01

End Date: 2013-09-30

Contract Duration: 2,283 days

Daily Burn Rate: $35.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: COST PLUS INCENTIVE FEE

Sector: Other

Official Description: OPERATION OF THE EXCELSIOR SPRINGS JOB CORPS CENTER

Place of Performance

Location: EXCELSIOR SPRINGS, CLAY County, MISSOURI, 64024

State: Missouri Government Spending

Plain-Language Summary

Department of Labor obligated $80.8 million to MINACT, INC for work described as: OPERATION OF THE EXCELSIOR SPRINGS JOB CORPS CENTER Key points: 1. Contract awarded via full and open competition. 2. MINACT, INC. has held this contract since 2007. 3. The contract type is Cost Plus Incentive Fee. 4. The contract duration is 2283 days. 5. The contract is for 'Other Technical and Trade Schools' (NAICS 611519).

Value Assessment

Rating: fair

The contract's Cost Plus Incentive Fee structure aims to control costs while incentivizing performance. However, without detailed cost breakdowns and performance metrics, a precise value assessment is difficult. The award amount of $80.8M over approximately 6.3 years suggests a significant investment in vocational training.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, indicating a competitive bidding process. This method generally promotes price discovery and ensures fair market value. The sustained award to MINACT, INC. over multiple periods suggests consistent performance and competitive pricing.

Taxpayer Impact: Taxpayer funds are utilized for vocational training and workforce development, aiming for long-term economic benefits through improved employment outcomes.

Public Impact

Provides essential job training and educational services to youth. Supports workforce development initiatives in Missouri. Contributes to the local economy through employment and operations. Impacts the success of individuals seeking new career paths.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The 'Other Technical and Trade Schools' sector (NAICS 611519) encompasses institutions providing vocational training. Federal spending in this area supports workforce development. Benchmarks for similar Job Corps center operations would provide better context for the $80.8M award.

Small Business Impact

The provided data does not indicate whether small businesses were involved as subcontractors. Further analysis would be needed to determine the extent of small business participation in this contract.

Oversight & Accountability

The Department of Labor's Employment and Training Administration is responsible for overseeing this contract. Regular performance reviews and financial audits are crucial for ensuring accountability and effective use of taxpayer funds.

Related Government Programs

Risk Flags

Tags

other-technical-and-trade-schools, department-of-labor, mo, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Labor awarded $80.8 million to MINACT, INC. OPERATION OF THE EXCELSIOR SPRINGS 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 (Employment and Training Administration).

What is the total obligated amount?

The obligated amount is $80.8 million.

What is the period of performance?

Start: 2007-07-01. End: 2013-09-30.

What is the cost per student served by the Excelsior Springs Job Corps Center under this contract?

The provided data does not include the number of students served. To determine the cost per student, we would need the total number of individuals trained or enrolled during the contract period. This metric is crucial for assessing the efficiency and value of the program relative to its cost.

What are the key performance indicators (KPIs) for MINACT, INC. under this Cost Plus Incentive Fee contract, and how have they performed?

The specific KPIs and performance data for MINACT, INC. are not detailed in the provided information. For a Cost Plus Incentive Fee contract, understanding these metrics (e.g., graduation rates, job placement rates, cost savings) is vital for evaluating the contractor's effectiveness and the overall value delivered to the government.

How does the operational cost of the Excelsior Springs Job Corps Center compare to other similar federal job training programs?

A direct comparison requires data on the operational costs and outcomes of comparable federal job training programs. Without this benchmark, it is difficult to definitively assess whether the $80.8M award represents an efficient or excessive expenditure. Benchmarking against similar Job Corps centers would be a more relevant comparison.

Industry Classification

NAICS: Educational ServicesTechnical and Trade SchoolsOther Technical and Trade Schools

Product/Service Code: OPERATION OF GOVT OWNED FACILITYOPERATE GOVT OWNED BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: DOLJ07RA00013

Offers Received: 1

Pricing Type: COST PLUS INCENTIVE FEE (V)

Evaluated Preference: NONE

Contractor Details

Address: 5220 KEELE ST, JACKSON, MS, 39206

Business Categories: Black American Owned Business, Category Business, Minority Owned Business, Not Designated a Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $87,284,372

Exercised Options: $85,035,036

Current Obligation: $80,814,115

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Timeline

Start Date: 2007-07-01

Current End Date: 2013-09-30

Potential End Date: 2014-11-14 00:00:00

Last Modified: 2021-04-30

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