Army Awards $85M Construction Contract to J Kokolakis Contracting Inc. for West Point Barracks

Contract Overview

Contract Amount: $85,386,560 ($85.4M)

Contractor: J Kokolakis Contracting Inc

Awarding Agency: Department of Defense

Start Date: 2017-09-19

End Date: 2021-01-15

Contract Duration: 1,214 days

Daily Burn Rate: $70.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: IGF::OT::IGF EISENHOWER BARRACKS, WEST POINT

Place of Performance

Location: WEST POINT, ORANGE County, NEW YORK, 10996

State: New York Government Spending

Plain-Language Summary

Department of Defense obligated $85.4 million to J KOKOLAKIS CONTRACTING INC for work described as: IGF::OT::IGF EISENHOWER BARRACKS, WEST POINT Key points: 1. The contract value of $85.4 million represents a significant investment in infrastructure. 2. J Kokolakis Contracting Inc. secured this award through full and open competition. 3. The contract duration of 1214 days suggests a complex and lengthy construction project. 4. The sector is Commercial and Institutional Building Construction, a vital area for government facilities.

Value Assessment

Rating: good

The contract's firm fixed price structure suggests a clear understanding of costs. Benchmarking against similar large-scale construction projects would provide further insight into its value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Full and open competition was utilized, indicating a broad market solicitation. This method generally promotes competitive pricing and allows for the best value to be identified.

Taxpayer Impact: The firm fixed price contract aims to control costs, ensuring taxpayer funds are used efficiently for this significant infrastructure project.

Public Impact

Military personnel at West Point will benefit from improved barracks facilities. Local economy in New York may see job creation and business opportunities due to the construction. The project contributes to the overall readiness and modernization of Army infrastructure.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Commercial and Institutional Building Construction sector, which is essential for maintaining and upgrading government facilities. Spending in this sector can fluctuate based on infrastructure needs and budget allocations.

Small Business Impact

While the award was made through full and open competition, there is no specific indication of small business participation in this data. Further analysis would be needed to determine if small businesses were involved as subcontractors.

Oversight & Accountability

The Department of the Army's oversight is crucial for ensuring the contractor meets project milestones and quality standards within the fixed price. Regular progress reports and site inspections are key accountability mechanisms.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, department-of-defense, ny, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $85.4 million to J KOKOLAKIS CONTRACTING INC. IGF::OT::IGF EISENHOWER BARRACKS, WEST POINT

Who is the contractor on this award?

The obligated recipient is J KOKOLAKIS CONTRACTING 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 $85.4 million.

What is the period of performance?

Start: 2017-09-19. End: 2021-01-15.

What is the estimated cost per square foot for this construction project compared to similar barracks construction?

Without detailed project specifications such as square footage, number of occupants, and specific amenities, a precise per-square-foot cost comparison is difficult. However, given the $85.4 million contract value and the nature of barracks construction, the cost per square foot would need to be benchmarked against recent military construction projects of similar scale and complexity to assess value.

What are the key performance indicators (KPIs) being tracked to mitigate risks associated with the long project duration?

Key performance indicators likely include adherence to the project schedule, quality control metrics for construction phases, safety compliance, and budget management. Regular progress reviews and site inspections by the Army Corps of Engineers or a designated oversight body would be essential to monitor these KPIs and proactively address any deviations or emerging risks.

How effectively does the firm fixed price contract incentivize timely completion and quality given the project's complexity?

A firm fixed price contract generally incentivizes the contractor to complete the work efficiently to maximize profit. However, for complex, long-duration projects like barracks construction, the risk of scope creep or unforeseen issues can strain this incentive. Clear contract clauses for change orders and performance standards are vital to ensure both timely completion and the required quality are achieved.

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: SEALED BID

Solicitation ID: W912DS17B0005

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1500 OCEAN AVE STE A, BOHEMIA, NY, 11716

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: $86,286,560

Exercised Options: $86,286,560

Current Obligation: $85,386,560

Actual Outlays: $21,707

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2017-09-19

Current End Date: 2021-01-15

Potential End Date: 2021-01-15 00:00:00

Last Modified: 2021-09-14

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