DoD Awards $59.7M Hangar Construction Contract to Walsh Federal LLC
Contract Overview
Contract Amount: $59,773,713 ($59.8M)
Contractor: Walsh Federal LLC
Awarding Agency: Department of Defense
Start Date: 2022-08-08
End Date: 2025-05-05
Contract Duration: 1,001 days
Daily Burn Rate: $59.7K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 4
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: CONSOLIDATED OPERATIONS AND MAINTENANCE HANGAR
Place of Performance
Location: LANGLEY AFB, HAMPTON CITY County, VIRGINIA, 23665
State: Virginia Government Spending
Plain-Language Summary
Department of Defense obligated $59.8 million to WALSH FEDERAL LLC for work described as: CONSOLIDATED OPERATIONS AND MAINTENANCE HANGAR Key points: 1. Contract awarded to Walsh Federal LLC for hangar operations and maintenance. 2. Full and open competition was utilized for this procurement. 3. The contract has a duration of 1001 days. 4. This falls under the Commercial and Institutional Building Construction sector.
Value Assessment
Rating: good
The contract value of $59.7 million for hangar operations and maintenance appears reasonable given the scope and duration. Benchmarking against similar large-scale construction projects would provide a more precise assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The use of full and open competition suggests a robust price discovery process. This method allows multiple qualified contractors to bid, potentially leading to more competitive pricing.
Taxpayer Impact: Taxpayer funds are being utilized through a competitive process, aiming for value in the construction and maintenance of essential military infrastructure.
Public Impact
Ensures operational readiness for military aircraft through dedicated hangar facilities. Supports the Department of the Army's infrastructure needs in Virginia. Creates jobs in the construction sector through the awarded contract.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Positive Signals
- Full and open competition
- Definitive contract award
Sector Analysis
This contract falls within the Commercial and Institutional Building Construction sector, which is a significant area of federal spending. Benchmarks for similar large-scale construction projects would be relevant for a detailed cost analysis.
Small Business Impact
The data indicates that small businesses were not directly awarded this contract, as the 'sb' field is false. Further analysis would be needed to determine if small businesses are involved as subcontractors.
Oversight & Accountability
The contract is a definitive contract awarded by the Department of the Army, suggesting established oversight mechanisms. Monitoring performance and adherence to contract terms will be crucial for accountability.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Defense Contracting
- Department of the Army Programs
Risk Flags
- Lack of detailed cost breakdown
- No specified performance metrics
- Potential for unforeseen site conditions impacting fixed price
Tags
commercial-and-institutional-building-co, department-of-defense, va, definitive-contract, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $59.8 million to WALSH FEDERAL LLC. CONSOLIDATED OPERATIONS AND MAINTENANCE HANGAR
Who is the contractor on this award?
The obligated recipient is WALSH FEDERAL LLC.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Army).
What is the total obligated amount?
The obligated amount is $59.8 million.
What is the period of performance?
Start: 2022-08-08. End: 2025-05-05.
What is the estimated cost per square foot for this hangar construction?
The provided data does not include the square footage of the hangar, making it impossible to calculate the cost per square foot. This metric is essential for a detailed value assessment and comparison with industry standards for similar facilities.
Are there any performance metrics or key performance indicators (KPIs) tied to this contract?
The data does not specify performance metrics or KPIs. For a comprehensive risk assessment, it's important to understand how the contractor's performance will be measured and what constitutes successful completion of the hangar operations and maintenance.
What is the potential for cost overruns given the firm fixed price contract type?
While a firm fixed price contract generally shifts cost risk to the contractor, significant cost overruns are still possible due to unforeseen site conditions, scope creep, or contractor inefficiencies. The contract's duration and complexity warrant careful monitoring.
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: W9123621R2003
Offers Received: 4
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 929 W ADAMS ST, CHICAGO, IL, 60607
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $60,286,713
Exercised Options: $59,773,713
Current Obligation: $59,773,713
Actual Outlays: $9,072,965
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Timeline
Start Date: 2022-08-08
Current End Date: 2025-05-05
Potential End Date: 2025-05-05 00:00:00
Last Modified: 2025-11-17
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