DoD Awards $206M Parking Structure Contract to DOBCO Inc. in New York
Contract Overview
Contract Amount: $206,083,590 ($206.1M)
Contractor: Dobco Inc
Awarding Agency: Department of Defense
Start Date: 2020-12-04
End Date: 2026-03-22
Contract Duration: 1,934 days
Daily Burn Rate: $106.6K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 4
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: PARKING STRUCTURE FUNDED
Place of Performance
Location: WEST POINT, ORANGE County, NEW YORK, 10996
State: New York Government Spending
Plain-Language Summary
Department of Defense obligated $206.1 million to DOBCO INC for work described as: PARKING STRUCTURE FUNDED Key points: 1. Significant investment in infrastructure, with a substantial $206M allocated. 2. Construction sector focus, potentially impacting local labor and material markets. 3. Risk of cost overruns or delays in large-scale construction projects. 4. Competition was full and open, suggesting a competitive bidding process.
Value Assessment
Rating: fair
The contract value of $206M for a parking structure is substantial. Benchmarking against similar large-scale construction projects is difficult without more specific details on scope and complexity, but the price appears within a reasonable range for major infrastructure.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, indicating multiple bidders likely participated. This method generally promotes price discovery and competitive pricing, though the final price is influenced by project scope and market conditions.
Taxpayer Impact: Taxpayers benefit from a competitive bidding process that aims to secure the best value for the $206M investment in this essential facility.
Public Impact
Enhances military base infrastructure, potentially improving efficiency and convenience for personnel. Creates construction jobs and stimulates economic activity in the New York region. Long-term asset for the Department of the Army, supporting operational needs.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for construction delays impacting operational readiness.
- Risk of cost escalation due to material price fluctuations.
- Weather-related impacts on construction schedule in New York.
Positive Signals
- Full and open competition ensures market-driven pricing.
- Firm Fixed Price contract limits cost uncertainty for the government.
- Located in New York, a major hub with established construction resources.
Sector Analysis
This contract falls within the Commercial and Institutional Building Construction sector. Spending benchmarks for large military infrastructure projects vary widely based on location, scale, and specific requirements. The $206M value is significant for a single construction project.
Small Business Impact
While the prime contractor is DOBCO INC, the contract does not specify any small business set-asides. Further analysis would be needed to determine the extent of small business participation as subcontractors.
Oversight & Accountability
The Department of the Army is responsible for oversight. The firm fixed price contract and definitive contract award type suggest established procurement processes are in place to manage performance and costs.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Defense Contracting
- Department of the Army Programs
Risk Flags
- Large contract value increases financial risk.
- Construction projects are inherently susceptible to delays.
- Potential for material cost volatility.
- Dependence on a single prime contractor for execution.
Tags
commercial-and-institutional-building-co, department-of-defense, ny, definitive-contract, 100m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $206.1 million to DOBCO INC. PARKING STRUCTURE FUNDED
Who is the contractor on this award?
The obligated recipient is DOBCO 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 $206.1 million.
What is the period of performance?
Start: 2020-12-04. End: 2026-03-22.
What is the projected utilization rate and expected lifespan of the parking structure to assess its long-term value?
The projected utilization rate and expected lifespan are critical for evaluating the long-term value of this $206M investment. A high utilization rate and a long lifespan would justify the significant upfront cost by ensuring consistent demand and service over many years, maximizing the return on taxpayer dollars. Conversely, underutilization or a shorter-than-expected lifespan could indicate poor planning or an inefficient use of funds.
What are the specific risk mitigation strategies in place to address potential construction delays and cost overruns?
Effective risk mitigation strategies are crucial for a project of this magnitude. This includes detailed contingency planning for unforeseen site conditions, robust change order management processes, and potentially performance bonds from the contractor. Regular progress reviews and proactive communication between the Department of the Army and DOBCO INC are essential to identify and address issues early, minimizing impacts on schedule and budget.
How will the functionality and capacity of the new parking structure align with current and future needs of the military installation?
Aligning the parking structure's functionality and capacity with current and future needs is key to its effectiveness. This involves forecasting personnel growth, vehicle types, and potential changes in base operations. Ensuring the design accommodates future expansion or technological integration, such as electric vehicle charging stations, will maximize the structure's utility and prevent it from becoming obsolete, thereby ensuring sustained value for the military community.
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: W912DS19R0019
Offers Received: 4
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 1 GEOFFREY WAY, WAYNE, NJ, 07470
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: $252,346,349
Exercised Options: $238,444,149
Current Obligation: $206,083,590
Actual Outlays: $7,933,873
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Timeline
Start Date: 2020-12-04
Current End Date: 2026-03-22
Potential End Date: 2026-03-22 00:00:00
Last Modified: 2025-12-15
More Contracts from Dobco Inc
- Repair Building 740, LEE Barracks and Repair Building 738, Sherman Barracks, West Point, NEW York — $125.8M (Department of Defense)
- Bradley Barracks West Point — $124.3M (Department of Defense)
- Replace Elementary School, West Point — $50.9M (Department of Defense)
- Phase 1 — $50.0M (Department of Defense)
- ALL Work Associated With the Repair of — $37.1M (Department of Defense)
Other Department of Defense Contracts
- Federal Contract — $51.3B (Humana Government Business Inc)
- Lrip LOT 12 Advance Acquisition Contract — $35.1B (Lockheed Martin Corporation)
- SSN 802 and 803 Long Lead Time Material — $34.7B (Electric Boat Corporation)
- 200204!008532!1700!AF600 !naval AIR Systems Command !N0001902C3002 !A!N! !N! !20011026!20120430!008016958!008016958!834951691!n!lockheed Martin Corporation !lockheed Blvd !fort Worth !tx!76108!27000!439!48!fort Worth !tarrant !texas !+000026000000!n!n!018981928201!ac15!rdte/Aircraft-Eng/Manuf Develop !a1a!airframes and Spares !2ama!jast/Jsf !336411!E! !3! ! ! ! ! !99990909!B! ! !A! !a!n!r!2!002!n!1a!a!n!z! ! !N!C!N! ! ! !a!a!a!a!000!a!c!n! ! ! !Y! !N00019!0001! — $34.2B (Lockheed Martin Corporation)
- KC-X Modernization Program — $32.0B (THE Boeing Company)