State Dept. awards $48.4M contract to Caddell Construction for unspecified services, spanning over 5 years

Contract Overview

Contract Amount: $48,369,698 ($48.4M)

Contractor: Caddell Construction CO., Inc.

Awarding Agency: Department of State

Start Date: 2003-09-30

End Date: 2009-03-19

Contract Duration: 1,997 days

Daily Burn Rate: $24.2K/day

Pricing Type: NOT REPORTED

Sector: Construction

Plain-Language Summary

Department of State obligated $48.4 million to CADDELL CONSTRUCTION CO., INC. for work described as: Key points: 1. Contract value of $48.4M over 5 years indicates significant investment. 2. Limited competition information available, raising questions about price discovery. 3. Potential risks include scope creep and cost overruns given the long duration. 4. Construction sector spending benchmarks are needed for proper evaluation.

Value Assessment

Rating: fair

The contract value of $48.4M over nearly 6 years suggests a substantial project. Without specific details on the services or comparable contracts, a precise pricing assessment is difficult. However, the duration implies significant scope, which could lead to cost escalations if not managed tightly.

Cost Per Unit: N/A

Competition Analysis

Competition Level: unknown

The contract type and competition method are not specified, making it impossible to assess the price discovery process. If competition was limited, taxpayers may not have received the best possible pricing. Further information is needed to understand how the award was made.

Taxpayer Impact: The ultimate taxpayer impact is unclear without knowing the competition and final pricing. If the contract was awarded competitively and efficiently, the impact could be positive. Conversely, a lack of competition could lead to higher costs.

Public Impact

The $48.4M expenditure represents a significant allocation of taxpayer funds. The long contract duration of nearly 6 years suggests a major project with ongoing needs. The lack of detailed public information hinders transparency and public understanding of the spending.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of competition details
Unspecified services
Long contract duration

Positive Signals

Significant contract value awarded

Sector Analysis

This contract falls within the construction sector. Federal spending in construction can vary widely based on infrastructure needs, facility maintenance, and new building projects. Benchmarks for similar large-scale construction contracts would provide context for this $48.4M award.

Small Business Impact

Information regarding small business participation or subcontracting is not provided in the data. Analysis of small business involvement is crucial for understanding the broader economic impact and adherence to federal procurement goals.

Oversight & Accountability

The data does not provide details on specific oversight mechanisms or accountability measures for this contract. Effective oversight is critical for ensuring contract performance, managing risks, and safeguarding taxpayer funds, especially for long-term agreements.

Related Government Programs

Department of State Contracting
Department of State Programs

Risk Flags

Lack of transparency regarding contract scope and services.
Unclear competition method raises concerns about price fairness.
Long contract duration increases potential for cost overruns and scope creep.
Absence of performance and oversight details hinders accountability assessment.

Frequently Asked Questions

What is this federal contract paying for?

Department of State awarded $48.4 million to CADDELL CONSTRUCTION CO., INC.. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is CADDELL CONSTRUCTION CO., INC..

Which agency awarded this contract?

Awarding agency: Department of State (Department of State).

What is the total obligated amount?

The obligated amount is $48.4 million.

What is the period of performance?

Start: 2003-09-30. End: 2009-03-19.

What specific services or construction projects did this $48.4M contract cover for the Department of State?

The provided data does not specify the exact nature of the services or construction projects undertaken by Caddell Construction Co., Inc. under this $48.4 million contract. This lack of detail makes it difficult to assess the necessity, scope, and value proposition of the expenditure. Further investigation into Department of State procurement records would be required to identify the specific deliverables and objectives of this award.

What was the competitive landscape for this $48.4M contract, and how did it influence the final price?

The data indicates the competition method is 'unknown,' preventing an assessment of the competitive landscape. If the contract was sole-source or awarded with limited competition, the price discovery process may have been compromised, potentially leading to higher costs for taxpayers. Understanding the number of bidders and the evaluation criteria is essential for determining if fair market value was achieved.

How effectively was this contract managed over its nearly six-year duration to ensure value for money and mitigate risks?

The provided data does not contain information on contract performance, risk mitigation, or specific oversight activities. Assessing effectiveness requires examining project milestones, change orders, cost performance reports, and any documented issues or successes. Without these details, it's impossible to determine if the nearly $48.4 million expenditure delivered optimal value and if risks were managed proactively throughout the contract's lifecycle.

Contractor Details

Address: 2700 LAGOON PARK DR, MONTGOMERY, AL, 02

Financial Breakdown

Contract Ceiling: $48,369,698

Exercised Options: $48,369,698

Current Obligation: $48,369,698

Timeline