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

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

Risk Flags

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: 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: 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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