State Department Awards $96M Industrial Building Construction Contract to Caddell Construction in Sarajevo

Contract Overview

Contract Amount: $96,071,312 ($96.1M)

Contractor: Caddell Construction CO., Inc.

Awarding Agency: Department of State

Start Date: 2007-09-25

End Date: 2010-05-01

Contract Duration: 949 days

Daily Burn Rate: $101.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: NEC, SARAJEVO BOSNIA

Plain-Language Summary

Department of State obligated $96.1 million to CADDELL CONSTRUCTION CO., INC. for work described as: NEC, SARAJEVO BOSNIA Key points: 1. Contract awarded for industrial building construction in Sarajevo, Bosnia. 2. Caddell Construction Co., Inc. secured the $96M contract. 3. The contract was awarded under full and open competition. 4. Project duration is 949 days, starting September 25, 2007.

Value Assessment

Rating: fair

The contract value of $96M for industrial building construction appears within a reasonable range for a project of this scale and complexity, especially considering the location. Benchmarking against similar international construction projects would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, suggesting a robust price discovery process. This method typically leads to competitive pricing as multiple bidders vie for the contract.

Taxpayer Impact: Full and open competition generally benefits taxpayers by driving down costs through market forces, ensuring the government receives the best value.

Public Impact

Supports infrastructure development in post-conflict regions. Creates jobs and economic activity in Sarajevo. Enhances diplomatic and operational capabilities for the Department of State.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

Industrial building construction is a significant sector within the broader construction industry. Spending benchmarks for such projects vary widely based on location, scale, and specific requirements. This contract represents a substantial investment in infrastructure.

Small Business Impact

The data indicates this contract was awarded to Caddell Construction Co., Inc. and does not specify any subcontracting to small businesses. Further investigation would be needed to determine if small business participation was a requirement or opportunity.

Oversight & Accountability

The Department of State is responsible for overseeing this contract. Oversight would focus on project milestones, quality of work, adherence to budget, and timely completion to ensure accountability and taxpayer value.

Related Government Programs

Risk Flags

Tags

industrial-building-construction, department-of-state, dca, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of State awarded $96.1 million to CADDELL CONSTRUCTION CO., INC.. NEC, SARAJEVO BOSNIA

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 $96.1 million.

What is the period of performance?

Start: 2007-09-25. End: 2010-05-01.

What specific industrial capabilities does this building support for the Department of State in Sarajevo?

The provided data does not specify the exact industrial capabilities the building is intended to support. However, given the context of diplomatic missions and potential post-conflict reconstruction, it could range from logistical support facilities, secure storage, maintenance workshops, or specialized operational infrastructure. Further details from the contract statement of work would clarify its purpose.

What are the primary risks associated with constructing industrial facilities in Sarajevo, Bosnia, and how were they mitigated?

Risks in Sarajevo could include political instability, logistical challenges in a developing region, potential corruption, and varying labor standards. Mitigation strategies likely involved thorough due diligence on the contractor, robust security protocols, clear contractual terms, and active project management by the State Department to monitor progress and address issues promptly.

How does the firm fixed price contract structure ensure value for money in this international construction project?

A firm fixed price (FFP) contract establishes a set price for the work, transferring most of the risk to the contractor. This structure provides cost certainty for the government, as the final price is not expected to change unless there are significant, unforeseen scope changes. It incentivizes the contractor to manage costs efficiently to maintain their profit margin.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionIndustrial Building Construction

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

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

Business Categories: Category Business, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $96,071,312

Exercised Options: $96,071,312

Current Obligation: $96,071,312

Timeline

Start Date: 2007-09-25

Current End Date: 2010-05-01

Potential End Date: 2010-05-01 00:00:00

Last Modified: 2015-06-11

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