DoD awards $36M firm-fixed-price contract for construction to Caddell Construction Co. (DE), LLC

Contract Overview

Contract Amount: $36,095,310 ($36.1M)

Contractor: Caddell Construction CO. (DE), LLC

Awarding Agency: Department of Defense

Start Date: 2017-05-30

End Date: 2020-12-22

Contract Duration: 1,302 days

Daily Burn Rate: $27.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 5

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: IGF::OT::IGF, BASE AWARD, P 1280 ITEM 0001 - BASE PRICE

Place of Performance

Location: CAMP LEJEUNE, ONSLOW County, NORTH CAROLINA, 28547

State: North Carolina Government Spending

Plain-Language Summary

Department of Defense obligated $36.1 million to CADDELL CONSTRUCTION CO. (DE), LLC for work described as: IGF::OT::IGF, BASE AWARD, P 1280 ITEM 0001 - BASE PRICE Key points: 1. The contract was awarded to Caddell Construction Co. (DE), LLC for $36,095,309.66. 2. This was a firm-fixed-price contract with a duration of 1302 days. 3. The contract was awarded under full and open competition. 4. The North American Industry Classification System (NAICS) code is 236220 for Commercial and Institutional Building Construction. 5. The contract was awarded by the Department of the Navy.

Value Assessment

Rating: good

The contract value of $36,095,309.66 appears reasonable for a large-scale commercial and institutional building construction project of this duration. Benchmarking against similar DoD construction contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple bidders were likely considered. This method generally promotes competitive pricing and ensures the government receives the best value.

Taxpayer Impact: The use of full and open competition suggests that taxpayer funds were likely used efficiently through a competitive bidding process.

Public Impact

This contract supports infrastructure development within the Department of Defense. The construction project likely created jobs in the North Carolina region. The firm-fixed-price structure shifts cost risk to the contractor, potentially protecting taxpayers from cost overruns.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Construction sector, specifically Commercial and Institutional Building Construction. Spending in this sector for the DoD can fluctuate based on infrastructure needs and modernization efforts.

Small Business Impact

The data indicates that this contract was not awarded to small businesses (sb: false). Further analysis would be needed to determine if small business subcontracting goals were established or met.

Oversight & Accountability

The award was made by the Department of the Navy, a component of the Department of Defense, which has established oversight mechanisms for contract execution and financial management.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, department-of-defense, nc, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $36.1 million to CADDELL CONSTRUCTION CO. (DE), LLC. IGF::OT::IGF, BASE AWARD, P 1280 ITEM 0001 - BASE PRICE

Who is the contractor on this award?

The obligated recipient is CADDELL CONSTRUCTION CO. (DE), LLC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Navy).

What is the total obligated amount?

The obligated amount is $36.1 million.

What is the period of performance?

Start: 2017-05-30. End: 2020-12-22.

What specific construction project was this contract for, and what is its strategic importance to the Department of the Navy?

The provided data does not specify the exact nature of the construction project or its strategic importance. Further investigation into contract details, such as the contract number or associated documentation, would be necessary to identify the project and its significance to naval operations or infrastructure.

Were there any performance issues or disputes during the contract's execution from 2017 to 2020?

The provided data does not contain information on contract performance or disputes. To assess performance, one would need to review contract performance reports, payment histories, and any records of claims or litigation associated with this specific award.

How does the final cost compare to the initial bid or estimated cost for this construction project?

The data provides the base award price of $36,095,309.66. Without knowing the initial bid or estimated cost, it's impossible to determine if the final cost represents an increase or decrease. A comparison would require access to the bidding documentation and any subsequent modifications.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionCommercial and Institutional Building Construction

Product/Service Code: CONSTRUCT OF STRUCTURES/FACILITIESCONSTRUCTION OF BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N4008516R5507

Offers Received: 5

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Caddell Construction CO., Inc. (UEI: 102087285)

Address: 2700 LAGOON PARK DR, MONTGOMERY, AL, 36109

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $36,095,310

Exercised Options: $36,095,310

Current Obligation: $36,095,310

Actual Outlays: $3,804

Subaward Activity

Number of Subawards: 45

Total Subaward Amount: $32,226,204

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2017-05-30

Current End Date: 2020-12-22

Potential End Date: 2020-12-22 00:00:00

Last Modified: 2021-06-09

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