SOCOM Awards $22.7M HEC Contract to Coakley & Williams Construction for Building Construction
Contract Overview
Contract Amount: $22,726,680 ($22.7M)
Contractor: Coakley & Williams Construction, Inc.
Awarding Agency: Department of Defense
Start Date: 2022-02-04
End Date: 2024-07-31
Contract Duration: 908 days
Daily Burn Rate: $25.0K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 7
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: SOCOM MSF HEC
Place of Performance
Location: BETHESDA, MONTGOMERY County, MARYLAND, 20814
State: Maryland Government Spending
Plain-Language Summary
Department of Defense obligated $22.7 million to COAKLEY & WILLIAMS CONSTRUCTION, INC. for work described as: SOCOM MSF HEC Key points: 1. Contract awarded to Coakley & Williams Construction, Inc. for $22.7 million. 2. The contract falls under the Commercial and Institutional Building Construction NAICS code. 3. Full and open competition was utilized for this procurement. 4. The contract duration is 908 days, ending July 31, 2024. 5. The award was made by the Department of the Army for SOCOM MSF HEC.
Value Assessment
Rating: good
The contract value of $22.7 million appears reasonable for a large-scale construction project of this duration. Benchmarking against similar large institutional building contracts would provide further validation.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
Full and open competition was employed, suggesting a robust price discovery process. This method typically leads to competitive pricing as multiple bidders vie for the contract.
Taxpayer Impact: The use of full and open competition is generally beneficial for taxpayers, as it promotes market competition and can lead to cost savings.
Public Impact
Supports military construction and facility needs for SOCOM. Provides construction services within Maryland. Impacts the commercial and institutional building construction sector.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Contract duration is lengthy (908 days).
- No small business set-aside noted.
Positive Signals
- Full and open competition utilized.
- Firm fixed price contract type.
Sector Analysis
This contract falls within the Commercial and Institutional Building Construction sector. Spending in this sector is significant, supporting infrastructure development for various government agencies.
Small Business Impact
The data indicates that this contract was not set aside for small businesses. Further analysis would be needed to determine if small businesses had an opportunity to participate as subcontractors.
Oversight & Accountability
The Department of the Army awarded this contract, implying oversight from this agency. The firm fixed price contract type can aid in cost control and accountability.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Defense Contracting
- Department of the Army Programs
Risk Flags
- Potential for cost overruns if not managed tightly, despite fixed price.
- Lack of small business participation noted.
- Scope of 'HEC' project is not detailed.
- Long contract duration could introduce unforeseen risks.
Tags
commercial-and-institutional-building-co, department-of-defense, md, definitive-contract, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $22.7 million to COAKLEY & WILLIAMS CONSTRUCTION, INC.. SOCOM MSF HEC
Who is the contractor on this award?
The obligated recipient is COAKLEY & WILLIAMS CONSTRUCTION, INC..
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Army).
What is the total obligated amount?
The obligated amount is $22.7 million.
What is the period of performance?
Start: 2022-02-04. End: 2024-07-31.
What specific facilities or improvements does the HEC project entail for SOCOM?
The provided data does not specify the exact nature of the 'HEC' project beyond it being related to Commercial and Institutional Building Construction. Further details would be required to understand the scope of work, such as whether it involves new construction, renovation, or specialized facility development for SOCOM's mission requirements.
How does the awarded price compare to industry benchmarks for similar construction projects?
Without specific project details (e.g., square footage, complexity, specific construction types), a precise comparison to industry benchmarks is challenging. However, the $22.7 million value for a nearly 2.5-year project suggests a substantial undertaking. A detailed cost breakdown and comparison with similar government or private sector projects of comparable scale and scope would be necessary for a thorough assessment.
What mechanisms are in place to ensure the quality and timely completion of this construction project?
As a firm fixed price contract, the contractor bears the primary risk for cost overruns, incentivizing efficient project management. The Department of the Army, as the awarding agency, will likely have contracting officers' representatives (CORs) and quality assurance personnel to monitor progress, adherence to specifications, and overall project quality throughout the 908-day duration.
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: W912DR21R0026
Offers Received: 7
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 7475 WISCONSIN AVENUE, SUITE 900, BETHESDA, MD, 20814
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: $22,726,680
Exercised Options: $22,726,680
Current Obligation: $22,726,680
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Timeline
Start Date: 2022-02-04
Current End Date: 2024-07-31
Potential End Date: 2024-07-31 00:00:00
Last Modified: 2025-12-10
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