VA awards $40.9M for construction to Walsh Construction Company, completed in 2012

Contract Overview

Contract Amount: $40,945,118 ($40.9M)

Contractor: Walsh Construction Company

Awarding Agency: Department of Veterans Affairs

Start Date: 2008-12-31

End Date: 2012-12-31

Contract Duration: 1,461 days

Daily Burn Rate: $28.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: AMB

Place of Performance

Location: PITTSBURGH, ALLEGHENY County, PENNSYLVANIA, 15201

State: Pennsylvania Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $40.9 million to WALSH CONSTRUCTION COMPANY for work described as: AMB Key points: 1. Contract value of $40.9M for building construction. 2. Awarded to Walsh Construction Company. 3. Completed in December 2012. 4. Contract type was Firm Fixed Price. 5. Procurement was Full and Open Competition.

Value Assessment

Rating: fair

The contract value of $40.9M for commercial and institutional building construction appears within a reasonable range for a project of this scope and duration. Benchmarking against similar VA construction contracts 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 fostering competitive bidding, which can drive down costs and ensure fair market value for services rendered.

Public Impact

Construction projects directly impact local economies through job creation and material sourcing. The Department of Veterans Affairs' infrastructure development is crucial for providing services to veterans. Completed projects can lead to improved facilities and services for beneficiaries.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under the Commercial and Institutional Building Construction sector. Spending in this sector is cyclical and influenced by government infrastructure needs and economic conditions. Benchmarks vary widely based on project type and location.

Small Business Impact

The data indicates that small business participation was not a stated factor in this award (ss: false, sb: false). While not always required, exploring opportunities for small business involvement in construction contracts can foster economic growth and competition.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this construction project. Accountability would involve ensuring the project met specifications, stayed within budget (if applicable beyond the fixed price), and was completed on time, with oversight mechanisms in place to track progress and address issues.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, department-of-veterans-affairs, pa, dca, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $40.9 million to WALSH CONSTRUCTION COMPANY. AMB

Who is the contractor on this award?

The obligated recipient is WALSH CONSTRUCTION COMPANY.

Which agency awarded this contract?

Awarding agency: Department of Veterans Affairs (Department of Veterans Affairs).

What is the total obligated amount?

The obligated amount is $40.9 million.

What is the period of performance?

Start: 2008-12-31. End: 2012-12-31.

What was the specific nature of the construction project, and how did its complexity influence the final award value?

The data identifies the project as 'Commercial and Institutional Building Construction' but lacks specifics on the exact nature (e.g., new build, renovation, specific facility type). The complexity of the construction, including architectural requirements, site conditions, and specialized systems, would significantly influence the final award value. A more detailed project description is needed to fully assess value.

Given the 4-year duration, what were the primary risks associated with this contract, and how were they mitigated?

A 4-year contract duration presents risks such as material cost fluctuations, labor availability changes, unforeseen site conditions, and potential design modifications. Mitigation strategies could have included robust contract clauses addressing escalation, detailed site investigations prior to award, contingency planning for labor, and a clear change order process. The firm fixed price nature also shifts some risk to the contractor.

How effectively did the full and open competition process ensure the best value for the government in this specific instance?

Full and open competition generally promotes best value by encouraging multiple bids. However, effectiveness depends on the number and quality of bidders, the clarity of the solicitation, and the evaluation criteria. Without knowing the number of bids received or the contractor's past performance, it's difficult to definitively assess the effectiveness. The completed project's outcome would be a key indicator.

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: VA-101-07-RP-0043

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Walsh Group Ltd., the (UEI: 121476675)

Address: 929 W ADAMS ST, CHICAGO, IL, 90

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

Financial Breakdown

Contract Ceiling: $40,947,118

Exercised Options: $40,947,118

Current Obligation: $40,945,118

Timeline

Start Date: 2008-12-31

Current End Date: 2012-12-31

Potential End Date: 2012-12-31 00:00:00

Last Modified: 2012-12-10

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