State Department Awards $17.7M Construction Contract to FRAMACO- EPIK- METIS F E M, JV
Contract Overview
Contract Amount: $17,749,994 ($17.7M)
Contractor: Framaco- Epik- Metis F E M, JV
Awarding Agency: Department of State
Start Date: 2005-09-29
End Date: 2013-03-21
Contract Duration: 2,730 days
Daily Burn Rate: $6.5K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 3
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: CONSTRUCTION SERVICES
Plain-Language Summary
Department of State obligated $17.7 million to FRAMACO- EPIK- METIS F E M, JV for work described as: CONSTRUCTION SERVICES Key points: 1. Contract awarded for commercial and institutional building construction. 2. Full and open competition was utilized. 3. The contract duration was 2730 days. 4. No small business participation was noted.
Value Assessment
Rating: fair
The contract value of $17.7 million over approximately 7.5 years suggests a moderate annual spend. Benchmarking against similar large-scale construction projects would be necessary to assess if this pricing is competitive.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The use of full and open competition is a positive indicator for price discovery. However, without knowing the number of bids received or the bid spread, it's difficult to definitively assess the effectiveness of the competition in achieving the best value.
Taxpayer Impact: Taxpayer funds were used for a significant construction project awarded through a competitive process, aiming for value.
Public Impact
Construction services are essential for government infrastructure. Long-term contracts can provide stability but require careful monitoring. The absence of small business involvement may limit economic opportunities.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of small business participation
- Long contract duration requires ongoing oversight
Positive Signals
- Full and open competition utilized
- Firm fixed price contract
Sector Analysis
This contract falls under the construction sector, specifically commercial and institutional building construction. Spending in this sector can vary significantly based on infrastructure needs and economic conditions.
Small Business Impact
The contract explicitly states no small business participation. This is a missed opportunity to support small businesses and could indicate a lack of outreach or specific requirements that favored larger firms.
Oversight & Accountability
The long duration of the contract necessitates robust oversight from the Department of State to ensure project milestones are met, quality is maintained, and costs remain within the agreed-upon fixed price.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of State Contracting
- Department of State Programs
Risk Flags
- No small business participation
- Long contract duration (2730 days)
- Potential for cost overruns if not managed tightly
- Lack of detail on performance metrics
Tags
commercial-and-institutional-building-co, department-of-state, dca, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of State awarded $17.7 million to FRAMACO- EPIK- METIS F E M, JV. CONSTRUCTION SERVICES
Who is the contractor on this award?
The obligated recipient is FRAMACO- EPIK- METIS F E M, JV.
Which agency awarded this contract?
Awarding agency: Department of State (Department of State).
What is the total obligated amount?
The obligated amount is $17.7 million.
What is the period of performance?
Start: 2005-09-29. End: 2013-03-21.
What was the total number of bids received under the full and open competition?
The provided data does not specify the number of bids received. Knowing this number is crucial for evaluating the true competitiveness of the procurement. A high number of bids generally suggests stronger competition and a greater likelihood of achieving a favorable price for the government.
Were there any specific performance metrics or quality assurance measures outlined in the contract?
The data does not detail specific performance metrics or quality assurance measures. For a long-term construction contract, these are vital to ensure the project meets standards and the government receives the intended value. Their absence raises concerns about accountability for project outcomes.
How does the final award price compare to the government's independent cost estimate?
The data does not include the government's independent cost estimate or the final award price relative to it. This comparison is a key indicator of whether the procurement process was successful in securing a fair and reasonable price for the construction services.
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: SALMEC05R0016
Offers Received: 3
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 800 WESTCHESTER AVENUE, RYE BROOK, NY, 16
Business Categories: Category Business, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $17,749,994
Exercised Options: $17,749,994
Current Obligation: $17,749,994
Timeline
Start Date: 2005-09-29
Current End Date: 2013-03-21
Potential End Date: 2013-03-21 00:00:00
Last Modified: 2013-10-23
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