DOL awards $51.8M to Texas Educational Foundation for Carrasco JC Center operations over 5 years

Contract Overview

Contract Amount: $51,786,290 ($51.8M)

Contractor: Texas Educational Foundation, Inc.

Awarding Agency: Department of Labor

Start Date: 2005-05-01

End Date: 2010-04-30

Contract Duration: 1,825 days

Daily Burn Rate: $28.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: COST PLUS INCENTIVE FEE

Sector: Other

Official Description: OPERATION OF CARRASCO JC CENTER

Place of Performance

Location: EL PASO, EL PASO County, TEXAS, 79935

State: Texas Government Spending

Plain-Language Summary

Department of Labor obligated $51.8 million to TEXAS EDUCATIONAL FOUNDATION, INC. for work described as: OPERATION OF CARRASCO JC CENTER Key points: 1. Contract value of $51.8M over 5 years. 2. Competition was full and open. 3. Risk appears low given the sector and contract type. 4. Sector is Other Technical and Trade Schools.

Value Assessment

Rating: fair

The contract type is Cost Plus Incentive Fee, which can lead to cost overruns if not managed carefully. Benchmarking against similar contracts for educational center operations is difficult without more specific service details.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, suggesting a competitive bidding process. This method generally promotes price discovery and potentially better value for the government.

Taxpayer Impact: Taxpayer funds are used for the operation of an educational center, aiming to provide job training and employment services.

Public Impact

Provides job training and employment services to individuals. Supports workforce development in Texas. Operates a specific educational center (Carrasco JC Center).

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Cost Plus Incentive Fee contract type can incentivize higher costs.
Long contract duration (5 years) may reduce flexibility.
Limited information on performance metrics and outcomes.

Positive Signals

Full and open competition likely ensured competitive pricing.
Focus on job training aligns with public workforce goals.
Established entity (Texas Educational Foundation) likely has experience.

Sector Analysis

The Department of Labor frequently contracts with educational institutions and foundations for workforce development and job training programs. Spending in this sector is driven by federal initiatives to improve employment outcomes and skills.

Small Business Impact

The data does not indicate if small businesses were involved as subcontractors or partners in this contract. Further investigation would be needed to assess small business participation.

Oversight & Accountability

Oversight would typically be managed by the Employment and Training Administration to ensure the contractor meets performance requirements and manages costs effectively under the CPIF structure.

Related Government Programs

Other Technical and Trade Schools
Department of Labor Contracting
Employment and Training Administration Programs

Risk Flags

Potential for cost creep due to CPIF contract type.
Long-term commitment may lack flexibility for changing needs.
Lack of specific performance outcome data in the provided information.
No clear indication of small business subcontracting.

Frequently Asked Questions

What is this federal contract paying for?

Department of Labor awarded $51.8 million to TEXAS EDUCATIONAL FOUNDATION, INC.. OPERATION OF CARRASCO JC CENTER

Who is the contractor on this award?

The obligated recipient is TEXAS EDUCATIONAL FOUNDATION, 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 $51.8 million.

What is the period of performance?

Start: 2005-05-01. End: 2010-04-30.

What specific training programs and services are provided under this contract, and what are the expected outcomes?

The contract focuses on the operation of the Carrasco JC Center, implying a range of vocational training, educational services, and potentially job placement assistance. Expected outcomes would likely include improved employment rates, higher earning potential for participants, and enhanced workforce skills relevant to local industry needs.

How is the 'incentive fee' structured, and what metrics are used to determine its payout?

The incentive fee structure is tied to specific performance targets outlined in the contract. These could include metrics such as participant completion rates, job placement success, post-placement retention, and participant satisfaction. The government and contractor negotiate these targets to align financial rewards with desired program outcomes.

What is the historical performance of Texas Educational Foundation, Inc. in managing similar government contracts?

Assessing the historical performance of Texas Educational Foundation, Inc. is crucial for understanding their capability to deliver on this contract. Reviewing past contract performance reports, any past performance evaluations, and any instances of contract disputes or awards would provide insight into their reliability and effectiveness in managing federal funds.

Industry Classification

NAICS: Educational Services › Technical and Trade Schools › Other Technical and Trade Schools

Product/Service Code: OPERATION OF GOVT OWNED FACILITY › OPERATE GOVT OWNED BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: JC-RIV-4-01

Offers Received: 1

Pricing Type: COST PLUS INCENTIVE FEE (V)

Evaluated Preference: NONE

Contractor Details

Address: 1251 IH35 NORTH, SAN MARCOS, TX, 78666

Business Categories: Category Business, Nonprofit Organization, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $51,786,300

Exercised Options: $51,786,290

Current Obligation: $51,786,290

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Timeline