GSA Awards $130M to Turner Construction for Commercial Building Construction in Illinois

Contract Overview

Contract Amount: $130,489,869 ($130.5M)

Contractor: Turner Construction Company

Awarding Agency: General Services Administration

Start Date: 2005-11-09

End Date: 2014-10-31

Contract Duration: 3,278 days

Daily Burn Rate: $39.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: CONTRACTOR WILL BE REQUIRED TO MEET EPA/CPG REQUIREMENTS.

Place of Performance

Location: CHICAGO, COOK County, ILLINOIS, 60604

State: Illinois Government Spending

Plain-Language Summary

General Services Administration obligated $130.5 million to TURNER CONSTRUCTION COMPANY for work described as: CONTRACTOR WILL BE REQUIRED TO MEET EPA/CPG REQUIREMENTS. Key points: 1. The contract value is substantial at $130.5 million. 2. Turner Construction Company is the sole awardee. 3. The contract spans nearly a decade, indicating long-term needs. 4. The sector is Commercial and Institutional Building Construction.

Value Assessment

Rating: fair

The contract value of $130.5 million is significant. Without specific project details or comparable contract data, it's difficult to definitively assess its pricing against similar GSA projects. Benchmarking would require more granular information on the scope of work.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. This method generally promotes price discovery and can lead to more favorable pricing for the government.

Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by securing competitive pricing.

Public Impact

Public infrastructure projects like this contribute to economic development and job creation. The construction of public buildings impacts community access to government services. Long-term contracts can provide stability for the awarded company and its workforce.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Commercial and Institutional Building Construction sector, a significant area of government spending for infrastructure and facilities. Benchmarks for similar large-scale construction projects would typically consider factors like square footage, complexity, and location.

Small Business Impact

The data indicates this contract was not set aside for small businesses (sb: false). Therefore, small businesses were likely not the primary focus of this specific award, though they may participate as subcontractors.

Oversight & Accountability

The General Services Administration (GSA) is responsible for overseeing federal government buildings and real estate. Oversight would involve monitoring contract performance, adherence to specifications, and financial management to ensure accountability.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, general-services-administration, il, dca, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $130.5 million to TURNER CONSTRUCTION COMPANY. CONTRACTOR WILL BE REQUIRED TO MEET EPA/CPG REQUIREMENTS.

Who is the contractor on this award?

The obligated recipient is TURNER CONSTRUCTION COMPANY.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $130.5 million.

What is the period of performance?

Start: 2005-11-09. End: 2014-10-31.

What specific EPA/CPG requirements must the contractor meet, and how will compliance be verified?

The contract mentions EPA/CPG requirements, which likely refer to environmental protection and consumer product guidelines. Verification would typically involve site inspections, material testing, and documentation review by GSA officials or designated third parties. The exact nature of these requirements and the verification process are crucial for ensuring compliance and environmental responsibility.

How does the $130.5 million contract value compare to the typical cost of similar commercial building construction projects managed by the GSA?

Benchmarking this $130.5 million contract requires detailed project scope comparison. Factors like building size, complexity, location-specific labor costs, and material prices significantly influence construction costs. Without these specifics, a direct comparison is challenging, but the value suggests a large-scale undertaking.

What mechanisms are in place to manage potential cost overruns or schedule delays over the 3278-day contract duration?

Long-term construction contracts necessitate robust risk management. Mechanisms likely include detailed project phasing, regular progress reviews, contingency planning, and clear change order procedures. The contract type (firm fixed price) aims to cap costs, but unforeseen issues can still arise, requiring proactive oversight from the GSA.

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

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Contractor Details

Parent Company: Vinci (UEI: 462009101)

Address: 55 E MONROE ST # 3100, CHICAGO, IL, 90

Business Categories: Category Business, Foreign-Owned and U.S.-Incorporated Business, Not Designated a Small Business, Special Designations

Financial Breakdown

Contract Ceiling: $130,489,869

Exercised Options: $130,489,869

Current Obligation: $130,489,869

Timeline

Start Date: 2005-11-09

Current End Date: 2014-10-31

Potential End Date: 2014-10-31 00:00:00

Last Modified: 2014-11-18

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