GSA Contract for Building Construction Services Exceeds $72M with RYAN COMPANIES US INC

Contract Overview

Contract Amount: $72,365,685 ($72.4M)

Contractor: Ryan Companies US Inc

Awarding Agency: General Services Administration

Start Date: 2004-05-05

End Date: 2009-12-31

Contract Duration: 2,066 days

Daily Burn Rate: $35.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 10

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: ADDED OCCUPANCY ANALYSIS REPORT SERVICES TO THE CONTRACT.

Place of Performance

Location: MINNEAPOLIS, HENNEPIN County, MINNESOTA, 55403

State: Minnesota Government Spending

Plain-Language Summary

General Services Administration obligated $72.4 million to RYAN COMPANIES US INC for work described as: ADDED OCCUPANCY ANALYSIS REPORT SERVICES TO THE CONTRACT. Key points: 1. Contract value is substantial at over $72 million. 2. RYAN COMPANIES US INC is the sole awardee. 3. The contract was awarded under full and open competition. 4. The contract has been active since 2004 and ends in 2009. 5. The NAICS code indicates Commercial and Institutional Building Construction.

Value Assessment

Rating: fair

The contract value is significant, but without specific details on the services rendered or the original scope, it's difficult to definitively assess its value. The duration of the contract (over 5 years) suggests ongoing services.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, which generally promotes competitive pricing. However, the specific pricing structure and any subsequent modifications are not detailed here.

Taxpayer Impact: The use of full and open competition suggests an effort to secure competitive pricing for taxpayer funds, but the overall value indicates a significant expenditure.

Public Impact

This contract supports the General Services Administration's mission to provide workspace for federal agencies. The services provided likely impact federal agency operations and employee workspaces. The duration and value suggest a long-term commitment to construction services. The contract's focus on building construction has implications for infrastructure development.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under the Commercial and Institutional Building Construction sector. Federal spending in this sector is crucial for maintaining and developing government facilities. Benchmarks would typically involve comparing cost per square foot or project management fees against industry standards for similar government projects.

Small Business Impact

The data indicates that small business participation was not a factor in this contract (ss: false, sb: false). Further analysis would be needed to determine if opportunities were missed for small businesses in this large construction contract.

Oversight & Accountability

The General Services Administration (GSA) is responsible for overseeing this contract. The 'aw' field (DCA) might indicate a specific contracting office or authority, but further details on oversight mechanisms and accountability are not provided.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, general-services-administration, mn, dca, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $72.4 million to RYAN COMPANIES US INC. ADDED OCCUPANCY ANALYSIS REPORT SERVICES TO THE CONTRACT.

Who is the contractor on this award?

The obligated recipient is RYAN COMPANIES US INC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $72.4 million.

What is the period of performance?

Start: 2004-05-05. End: 2009-12-31.

What specific construction services were procured under this contract, and how did their scope evolve over its duration?

The provided data indicates the addition of 'OCCUPANCY ANALYSIS REPORT SERVICES' to the contract. However, the initial scope and the full extent of services rendered throughout the contract's life are not detailed. Understanding the specific deliverables and any changes would be crucial for a comprehensive value assessment.

What were the key performance indicators (KPIs) for RYAN COMPANIES US INC, and how did they perform against these metrics?

Information regarding specific Key Performance Indicators (KPIs) or performance metrics for RYAN COMPANIES US INC under this contract is not available in the provided data. Assessing performance against defined standards is essential for evaluating the effectiveness and efficiency of the awarded services and ensuring taxpayer value.

Were there any post-award modifications or change orders that significantly altered the contract's scope, cost, or duration?

The data explicitly mentions the 'ADDED OCCUPANCY ANALYSIS REPORT SERVICES' to the contract, indicating at least one modification. Without further details on the nature, cost, and impact of all potential modifications, it's challenging to fully understand how the contract evolved from its original terms and assess the cumulative taxpayer impact.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionCommercial and Institutional Building Construction

Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTYMAINT, ALTER, REPAIR BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: TWO STEP

Offers Received: 10

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 50 S 10TH ST STE 300, MINNEAPOLIS, MN, 90

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $72,365,685

Exercised Options: $72,365,685

Current Obligation: $72,365,685

Timeline

Start Date: 2004-05-05

Current End Date: 2009-12-31

Potential End Date: 2009-12-31 00:00:00

Last Modified: 2010-05-25

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