Fort Bragg Barracks Renovation Awarded for $74M to Conti Federal Services, Boosting Construction Sector

Contract Overview

Contract Amount: $74,071,026 ($74.1M)

Contractor: Conti Federal Services, LLC

Awarding Agency: Department of Defense

Start Date: 2024-03-31

End Date: 2024-07-31

Contract Duration: 122 days

Daily Burn Rate: $607.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 4

Pricing Type: COST PLUS FIXED FEE

Sector: Construction

Official Description: BARRACKS RENOVATION, FORT BRAGG, NC (BARRACKS H4350, H5122, AND H4822)

Place of Performance

Location: FORT BRAGG, CUMBERLAND County, NORTH CAROLINA, 28310

State: North Carolina Government Spending

Plain-Language Summary

Department of Defense obligated $74.1 million to CONTI FEDERAL SERVICES, LLC for work described as: BARRACKS RENOVATION, FORT BRAGG, NC (BARRACKS H4350, H5122, AND H4822) Key points: 1. Significant investment in military infrastructure at Fort Bragg. 2. Conti Federal Services, a large contractor, secured the award. 3. Potential for cost overruns in Cost Plus Fixed Fee contracts. 4. Construction sector benefits from substantial federal spending.

Value Assessment

Rating: fair

The contract is Cost Plus Fixed Fee, which can lead to higher costs if not managed carefully. The award amount is substantial for barracks renovation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Full and open competition was utilized, suggesting a robust price discovery process. However, the Cost Plus Fixed Fee structure requires diligent oversight to control costs.

Taxpayer Impact: Taxpayers are funding essential military housing upgrades, but the contract type necessitates careful monitoring to ensure value for money.

Public Impact

Modernization of critical military housing at Fort Bragg. Supports local and national construction industry employment. Ensures improved living conditions for service members.

Waste & Efficiency Indicators

Waste Risk Score: 65 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Commercial and Institutional Building Construction sector, a significant area of federal spending. Benchmarks for similar renovation projects vary widely based on scope and location.

Small Business Impact

The data indicates that small business participation was not a stated requirement or achievement for this specific contract. Federal policy aims to include small businesses, and their absence here warrants review.

Oversight & Accountability

The Cost Plus Fixed Fee structure requires robust oversight from the Department of the Army to ensure costs remain reasonable and within budget. Regular audits and performance reviews are crucial.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, department-of-defense, nc, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $74.1 million to CONTI FEDERAL SERVICES, LLC. BARRACKS RENOVATION, FORT BRAGG, NC (BARRACKS H4350, H5122, AND H4822)

Who is the contractor on this award?

The obligated recipient is CONTI FEDERAL SERVICES, 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 $74.1 million.

What is the period of performance?

Start: 2024-03-31. End: 2024-07-31.

What is the estimated profit margin for Conti Federal Services under this Cost Plus Fixed Fee contract?

The Cost Plus Fixed Fee (CPFF) structure means the contractor is reimbursed for allowable costs plus a predetermined fixed fee representing profit. While the total contract value is $74M, the exact profit margin is not disclosed. It depends on the final allowable costs incurred and the fixed fee negotiated. CPFF contracts require careful oversight to prevent cost overruns from inflating the final payment.

What are the specific risks associated with the short 122-day performance period for these barracks renovations?

A short performance period for a project of this magnitude increases the risk of rushed work, potential quality issues, and increased labor costs due to overtime or expedited material delivery. It also limits the contractor's ability to absorb unforeseen delays, potentially leading to claims for additional time or money. The agency must ensure adequate resources and planning are in place to meet the deadline.

How will the effectiveness of these renovated barracks be measured to ensure improved living conditions for service members?

Effectiveness will likely be measured through post-occupancy surveys of service members, inspections for habitability standards, and tracking of maintenance requests related to the renovated areas. Feedback mechanisms should be established to capture user satisfaction and identify any lingering issues. The Department of the Army should have a formal process for evaluating the long-term impact on morale and readiness.

Industry Classification

NAICS: ConstructionNonresidential Building ConstructionCommercial and Institutional Building Construction

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: W9128F19R0043

Offers Received: 4

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 2045 LINCOLN HWY, EDISON, NJ, 08817

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: $74,071,026

Exercised Options: $74,071,026

Current Obligation: $74,071,026

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: W9128F20D0007

IDV Type: IDC

Timeline

Start Date: 2024-03-31

Current End Date: 2024-07-31

Potential End Date: 2024-07-31 00:00:00

Last Modified: 2024-06-17

More Contracts from Conti Federal Services, LLC

View all Conti Federal Services, LLC federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending