DoD's $158M Commercial Building Construction Contract Awarded to Caddell Construction Shows Strong Price Competition

Contract Overview

Contract Amount: $157,908,091 ($157.9M)

Contractor: Caddell Construction CO. (DE), LLC

Awarding Agency: Department of Defense

Start Date: 2014-08-20

End Date: 2019-03-27

Contract Duration: 1,680 days

Daily Burn Rate: $94.0K/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 CLIN

Place of Performance

Location: GOOSE CREEK, BERKELEY County, SOUTH CAROLINA, 29445

State: South Carolina Government Spending

Plain-Language Summary

Department of Defense obligated $157.9 million to CADDELL CONSTRUCTION CO. (DE), LLC for work described as: IGF::OT::IGF BASE CLIN Key points: 1. The contract value of $157.9M is significant within the commercial building construction sector. 2. Caddell Construction Co. (DE), LLC, a large business, secured this award. 3. The contract was awarded under full and open competition, indicating a competitive bidding process. 4. The firm fixed price contract type suggests a clear understanding of project scope and cost controls.

Value Assessment

Rating: good

The firm fixed price contract type, combined with full and open competition, suggests a reasonable pricing structure. The awarded amount of $157.9M for a 1680-day duration appears within industry norms for large-scale construction projects.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, allowing multiple bidders to submit proposals. This method generally leads to competitive pricing as contractors vie for the award.

Taxpayer Impact: The competitive bidding process likely resulted in a fair market price, maximizing the value of taxpayer dollars spent on this construction project.

Public Impact

Supports infrastructure development for the Department of the Navy. Provides construction services potentially impacting military readiness or operational capabilities. Creates jobs in the construction sector, benefiting the local economy in South Carolina.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under Commercial and Institutional Building Construction, a sector characterized by large project values and significant competition. Benchmarks for similar DoD construction projects would typically involve multi-million dollar awards with varying contract types.

Small Business Impact

The data indicates that the award went to a large business (Caddell Construction Co.). There is no explicit mention of small business subcontracting goals or participation, which could be an area for further review to ensure small business utilization.

Oversight & Accountability

The contract's duration and value suggest a need for robust oversight to ensure adherence to the firm fixed price terms and quality standards. The Department of the Navy's contracting office is responsible for this oversight.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, department-of-defense, sc, definitive-contract, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $157.9 million to CADDELL CONSTRUCTION CO. (DE), LLC. IGF::OT::IGF BASE CLIN

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 $157.9 million.

What is the period of performance?

Start: 2014-08-20. End: 2019-03-27.

What was the basis for the 'SC' status code, and does it relate to any specific performance or risk factors?

The 'SC' status code likely refers to 'Source Control' or a similar internal designation within the Department of Defense's procurement system. Without access to the specific system's definitions, its exact meaning is unclear. However, such codes often relate to the source of the requirement, funding, or specific contractual restrictions. It does not inherently indicate performance or risk but might be linked to the context in which the contract was established.

How does the awarded amount of $157.9M compare to the original estimated cost or benchmark for similar construction projects?

While the data shows a bid price of $157.9M and a bid range (br) of 93993, it doesn't provide the government's estimate or industry benchmarks. However, the fact that it was awarded under full and open competition suggests the price was deemed competitive and fair. Further analysis would require comparing this to similar-sized naval base construction projects in the same region and timeframe.

What specific types of commercial and institutional buildings were constructed under this contract, and were there any notable challenges or successes?

The provided data identifies the contract as 'Commercial and Institutional Building Construction' but lacks specifics on the exact structures built. Successes and challenges are not detailed. Typically, such information would be found in contract performance reports or post-award reviews, which are not included here. Understanding the project's scope and any reported issues would provide a clearer picture of its effectiveness.

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: N6945014R1756

Offers Received: 5

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Caddell Construction CO., Inc.

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

Business Categories: Category Business, Limited Liability Corporation, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $157,922,091

Exercised Options: $157,908,091

Current Obligation: $157,908,091

Subaward Activity

Number of Subawards: 177

Total Subaward Amount: $272,115,029

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2014-08-20

Current End Date: 2019-03-27

Potential End Date: 2019-03-27 00:00:00

Last Modified: 2022-06-16

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