Labor Dept. awards $49.6M contract to MINACT, INC for Gerald R. Ford Job Corps Center operations

Contract Overview

Contract Amount: $49,596,675 ($49.6M)

Contractor: Minact, Inc

Awarding Agency: Department of Labor

Start Date: 2009-06-01

End Date: 2014-11-30

Contract Duration: 2,008 days

Daily Burn Rate: $24.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: COST PLUS INCENTIVE FEE

Sector: Other

Official Description: OPERATION OF THE GERALD R. FORD JOB CORPS CENTER IN GRAND RAPIDS, MICHIGAN

Place of Performance

Location: GRAND RAPIDS, KENT County, MICHIGAN, 49507

State: Michigan Government Spending

Plain-Language Summary

Department of Labor obligated $49.6 million to MINACT, INC for work described as: OPERATION OF THE GERALD R. FORD JOB CORPS CENTER IN GRAND RAPIDS, MICHIGAN Key points: 1. Contract value of $49.6M over 5 years. 2. Full and open competition was utilized. 3. Cost Plus Incentive Fee contract type. 4. Focus on vocational training and employment services.

Value Assessment

Rating: fair

The contract value of $49.6M for 5 years suggests a significant investment in job training. Benchmarking against similar Job Corps center operations would be necessary for a precise value assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The use of full and open competition is a positive indicator for price discovery. However, the Cost Plus Incentive Fee structure requires careful monitoring to ensure cost efficiency.

Taxpayer Impact: Taxpayer funds are allocated to vocational training, aiming to improve workforce skills and reduce unemployment, which can have long-term economic benefits.

Public Impact

Supports workforce development and training for underserved populations. Provides essential skills for entry-level jobs in various trades. Contributes to the local economy through job creation and services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the 'Other Technical and Trade Schools' sector, specifically focused on vocational training and employment services. Spending in this area is crucial for addressing skills gaps and supporting economic mobility.

Small Business Impact

The data indicates that small businesses were not a primary focus for this specific contract award, as the prime contractor is MINACT, INC. Further analysis would be needed to determine subcontracting opportunities.

Oversight & Accountability

The Department of Labor's Employment and Training Administration is responsible for overseeing this contract. Robust oversight is crucial to ensure program effectiveness and responsible use of funds.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Labor awarded $49.6 million to MINACT, INC. OPERATION OF THE GERALD R. FORD JOB CORPS CENTER IN GRAND RAPIDS, MICHIGAN

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 $49.6 million.

What is the period of performance?

Start: 2009-06-01. End: 2014-11-30.

What are the key performance indicators (KPIs) for this contract and how are they measured?

Key performance indicators would likely include student enrollment rates, completion rates, job placement rates, and post-placement wages. These are typically measured through regular reporting by the contractor and verified by the agency. The effectiveness of the program hinges on achieving positive outcomes in these areas, demonstrating value for taxpayer investment.

What is the historical performance of MINACT, INC with similar government contracts?

Assessing MINACT, INC's past performance on similar government contracts, particularly those involving job training or educational services, is crucial. A review of past contract awards, performance evaluations, and any documented issues would provide insight into their reliability, efficiency, and ability to meet contractual obligations and quality standards.

How does the cost structure of this Cost Plus Incentive Fee contract compare to fixed-price contracts for similar services?

Cost Plus Incentive Fee contracts offer flexibility but can be more expensive than fixed-price contracts if costs escalate. The incentive fee structure aims to align contractor and government interests. A comparison with fixed-price contracts for comparable job corps operations would reveal potential cost savings or risks associated with this contract type.

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: DOLJ09RA00025

Offers Received: 3

Pricing Type: COST PLUS INCENTIVE FEE (V)

Evaluated Preference: NONE

Contractor Details

Address: 5220 KEELE ST, JACKSON, MS, 39206

Business Categories: Category Business, Government, U.S. Local Government, U.S. National Government, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $222,143,815

Exercised Options: $207,778,789

Current Obligation: $49,596,675

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Timeline

Start Date: 2009-06-01

Current End Date: 2014-11-30

Potential End Date: 2014-11-30 00:00:00

Last Modified: 2020-04-24

More Contracts from Minact, Inc

View all Minact, Inc federal contracts →

Other Department of Labor Contracts

View all Department of Labor contracts →

Explore Related Government Spending