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
- Lack of specific performance metrics or quality indicators.
- Potential for cost overruns in long-term construction projects.
- Limited visibility into the specific EPA/CPG requirements being met.
Positive Signals
- Awarded under full and open competition.
- Contract duration suggests a significant and potentially valuable project.
- Contractor has experience in commercial building construction.
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
- Commercial and Institutional Building Construction
- General Services Administration Contracting
- Public Buildings Service Programs
Risk Flags
- Potential for cost overruns in long-term construction.
- Lack of specific performance metrics in the provided data.
- Environmental compliance verification details are not specified.
- Limited insight into the competitive landscape beyond the awardee.
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: Construction › Nonresidential Building Construction › Commercial and Institutional Building Construction
Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTY › MAINT, 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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