Statue of Liberty Safety Upgrades Cost $43.8M, Awarded to Joseph A. Natoli Construction Corp
Contract Overview
Contract Amount: $43,854,565 ($43.9M)
Contractor: Joseph a Natoli Construction Corp
Awarding Agency: Department of the Interior
Start Date: 2011-08-04
End Date: 2013-11-29
Contract Duration: 848 days
Daily Burn Rate: $51.7K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 3
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: STLI-155567,STATUE OF LIBERTY NATIONAL MONUMENT, COMPLETE LIFE AND SAFETY UPGRADES.
Place of Performance
Location: NEW YORK, NEW YORK County, NEW YORK, 10004
State: New York Government Spending
Plain-Language Summary
Department of the Interior obligated $43.9 million to JOSEPH A NATOLI CONSTRUCTION CORP for work described as: STLI-155567,STATUE OF LIBERTY NATIONAL MONUMENT, COMPLETE LIFE AND SAFETY UPGRADES. Key points: 1. The project involved significant life and safety upgrades for a national landmark. 2. Joseph A. Natoli Construction Corp. secured the contract through full and open competition. 3. The contract was firm fixed price, indicating a defined cost structure. 4. The project duration was 848 days, suggesting a substantial scope of work.
Value Assessment
Rating: good
The final award amount of $43.8M appears reasonable for a large-scale infrastructure project of this nature, especially considering the historical significance and safety requirements of the Statue of Liberty. Benchmarking against similar large construction projects for national landmarks would provide further validation.
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 and ensures the best value is obtained. The firm fixed price contract further supports price discovery by setting a clear ceiling.
Taxpayer Impact: Taxpayers benefited from a competitive bidding process that likely resulted in a fair price for essential safety upgrades to a national monument.
Public Impact
Ensured the safety and preservation of a globally recognized historical monument. Supported local economy through construction jobs and related services in New York. Improved visitor experience by addressing critical life and safety concerns.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for cost overruns if unforeseen structural issues were encountered.
- Contractor performance risks associated with complex historical site renovations.
Positive Signals
- Awarded via full and open competition.
- Firm fixed price contract structure.
Sector Analysis
This project falls under Commercial and Institutional Building Construction. Spending in this sector can vary widely based on project scale, location, and specific requirements. The $43.8M cost is significant, reflecting the complexity and importance of upgrading a national monument.
Small Business Impact
The data indicates that the contract was awarded to Joseph A. Natoli Construction Corp., and there is no specific mention of small business participation or subcontracting. Further analysis would be needed to determine if small businesses were involved.
Oversight & Accountability
The Department of the Interior, through the National Park Service, oversaw this project. The firm fixed price contract and full and open competition suggest established oversight mechanisms were in place to manage costs and ensure project completion.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of the Interior Contracting
- National Park Service Programs
Risk Flags
- Project scope involved critical life and safety upgrades.
- Construction on a high-profile national monument.
- Firm fixed price contract.
- Awarded via full and open competition.
Tags
commercial-and-institutional-building-co, department-of-the-interior, ny, dca, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Interior awarded $43.9 million to JOSEPH A NATOLI CONSTRUCTION CORP. STLI-155567,STATUE OF LIBERTY NATIONAL MONUMENT, COMPLETE LIFE AND SAFETY UPGRADES.
Who is the contractor on this award?
The obligated recipient is JOSEPH A NATOLI CONSTRUCTION CORP.
Which agency awarded this contract?
Awarding agency: Department of the Interior (National Park Service).
What is the total obligated amount?
The obligated amount is $43.9 million.
What is the period of performance?
Start: 2011-08-04. End: 2013-11-29.
What was the primary driver for the $43.8M expenditure on the Statue of Liberty upgrades?
The primary driver was the need for complete life and safety upgrades to the Statue of Liberty National Monument. This likely encompassed structural reinforcements, fire suppression systems, electrical upgrades, and accessibility improvements to ensure the long-term preservation and safety of the monument for visitors and staff.
What were the key risks associated with this construction project?
Key risks included potential unforeseen structural issues within the historic monument, which could lead to cost overruns and schedule delays. Managing construction activities on an active, high-traffic national landmark also presented logistical and safety challenges for workers and visitors.
How effectively did the full and open competition ensure value for taxpayer money?
Full and open competition is designed to maximize value by encouraging multiple bidders to offer their best prices and solutions. This process likely led to a more competitive bid environment, ensuring that the $43.8M awarded represented a fair market price for the required upgrades.
Industry Classification
NAICS: Construction › Nonresidential Building Construction › Commercial and Institutional Building Construction
Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIES › CONSTRUCTION OF BUILDINGS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Solicitation ID: N2011110096
Offers Received: 3
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 293 CHANGEBRIDGE RD, PINE BROOK, NJ, 11
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $43,854,565
Exercised Options: $43,854,565
Current Obligation: $43,854,565
Contract Characteristics
Cost or Pricing Data: NO
Timeline
Start Date: 2011-08-04
Current End Date: 2013-11-29
Potential End Date: 2013-11-29 00:00:00
Last Modified: 2015-01-28
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