DOD Awards $31.3M Runway Contract to Granite Construction in Kentucky

Contract Overview

Contract Amount: $31,289,348 ($31.3M)

Contractor: Granite Construction Company

Awarding Agency: Department of Defense

Start Date: 2016-07-25

End Date: 2017-12-31

Contract Duration: 524 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: IGF::OT::IGF MAIN RUNWAY 5/23 BASE

Place of Performance

Location: FORT CAMPBELL, CHRISTIAN County, KENTUCKY, 42223

State: Kentucky Government Spending

Plain-Language Summary

Department of Defense obligated $31.3 million to GRANITE CONSTRUCTION COMPANY for work described as: IGF::OT::IGF MAIN RUNWAY 5/23 BASE Key points: 1. Significant investment in critical infrastructure for the Department of the Army. 2. Full and open competition suggests a potentially competitive bidding process. 3. Firm Fixed Price contract type aims to control costs for taxpayers. 4. Project duration of 524 days indicates a substantial construction undertaking.

Value Assessment

Rating: good

The contract value of $31.3M for runway construction appears reasonable given the project's scope and duration. Benchmarking against similar large-scale civil engineering projects would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple bidders had the opportunity to submit proposals. This method generally promotes price discovery and can lead to more competitive pricing.

Taxpayer Impact: The use of full and open competition and a firm fixed price contract are positive indicators for taxpayer value, aiming to secure the best possible price for the required construction services.

Public Impact

Enhances military operational readiness through improved airfield infrastructure. Supports local economy through construction jobs and material procurement. Potential for long-term benefits in transportation and logistics capabilities.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Highway, Street, and Bridge Construction sector, which is a significant area of federal spending for infrastructure development and maintenance. Benchmarks for similar large-scale construction projects are essential for evaluating cost-effectiveness.

Small Business Impact

The data indicates that this contract was not awarded to small businesses (ss: false, sb: false). Further analysis would be needed to determine if small business subcontracting opportunities were pursued or if the scope of work was beyond typical small business capabilities.

Oversight & Accountability

The contract was awarded by the Department of the Army, suggesting oversight from within the Department of Defense. The firm fixed price nature of the contract provides a degree of cost control, but ongoing monitoring of performance and adherence to specifications is crucial.

Related Government Programs

Risk Flags

Tags

highway-street-and-bridge-construction, department-of-defense, ky, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $31.3 million to GRANITE CONSTRUCTION COMPANY. IGF::OT::IGF MAIN RUNWAY 5/23 BASE

Who is the contractor on this award?

The obligated recipient is GRANITE CONSTRUCTION COMPANY.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Army).

What is the total obligated amount?

The obligated amount is $31.3 million.

What is the period of performance?

Start: 2016-07-25. End: 2017-12-31.

What was the competitive landscape like for this runway construction bid?

The contract was awarded under full and open competition, suggesting that multiple qualified contractors were invited to bid. This approach typically fosters a competitive environment, allowing the government to select the most advantageous offer based on price and technical merit. The presence of a single awardee, Granite Construction Company, indicates they were the successful bidder among potentially several.

What are the primary risks associated with this contract?

Key risks include potential cost overruns if unforeseen site conditions arise, despite the firm fixed price. Delays in the 524-day schedule could impact military operations. Ensuring the quality of construction for a critical runway is paramount to prevent future maintenance issues or safety concerns.

How effectively does this contract serve taxpayer interests?

The contract aims to serve taxpayer interests through full and open competition, which should drive competitive pricing, and a firm fixed price, which caps the government's financial exposure. The successful completion of a vital infrastructure project like a runway is a direct benefit, enhancing national security and operational capabilities.

Industry Classification

NAICS: ConstructionHighway, Street, and Bridge ConstructionHighway, Street, and Bridge Construction

Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTYMAINT, ALTER, REPAIR BUILDINGS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SEALED BID

Solicitation ID: W9124816B0001

Offers Received: 4

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Granite Construction Incorporated (UEI: 622826360)

Address: 585 W BEACH ST, WATSONVILLE, CA, 95076

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

Financial Breakdown

Contract Ceiling: $31,289,348

Exercised Options: $31,289,348

Current Obligation: $31,289,348

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2016-07-25

Current End Date: 2017-12-31

Potential End Date: 2017-12-31 00:00:00

Last Modified: 2018-03-07

More Contracts from Granite Construction Company

View all Granite Construction Company federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending