J KOKOLAKIS CONTRACTING INC Awarded $21M for Infrastructure Work in New York

Contract Overview

Contract Amount: $21,077,456 ($21.1M)

Contractor: J Kokolakis Contracting Inc

Awarding Agency: Department of Defense

Start Date: 2027-02-04

End Date: 2027-02-26

Contract Duration: 22 days

Daily Burn Rate: $958.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: RADIAL FORGE INFRASTRUCTURE AT WVA, NY

Place of Performance

Location: WATERVLIET, ALBANY County, NEW YORK, 12189

State: New York Government Spending

Plain-Language Summary

Department of Defense obligated $21.1 million to J KOKOLAKIS CONTRACTING INC for work described as: RADIAL FORGE INFRASTRUCTURE AT WVA, NY Key points: 1. Contract value of $21.1 million for infrastructure development. 2. Awarded under full and open competition, suggesting a competitive bidding process. 3. The contract has a duration of 22 months, ending in February 2027. 4. The contract type is a definitive contract with a firm fixed price. 5. The contractor, J KOKOLAKIS CONTRACTING INC, is performing work for the Department of the Army. 6. The North American Industry Classification System (NAICS) code is 236220, indicating commercial and institutional building construction.

Value Assessment

Rating: good

The contract value of $21.1 million for infrastructure development appears reasonable given the scope of work implied by the NAICS code. Without specific deliverables or a detailed scope of work, a direct comparison to similar contracts is challenging. However, the firm fixed-price structure suggests that the contractor bears the risk of cost overruns, which can be a positive indicator for value if the price is competitive. Benchmarking against average contract values for commercial and institutional building construction in New York would provide further insight into its value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This contract was awarded under full and open competition, indicating that all responsible sources were permitted to submit a bid. The presence of two bids suggests a moderate level of competition for this contract. A higher number of bidders typically leads to more competitive pricing and a wider range of solutions, but two bids can still result in a fair market price if the bidders are well-qualified and the solicitation is structured effectively.

Taxpayer Impact: Full and open competition generally benefits taxpayers by fostering a competitive environment that can drive down costs and encourage innovation, leading to better value for public funds.

Public Impact

The Department of the Army benefits from the development of necessary infrastructure. The services delivered are related to commercial and institutional building construction. The geographic impact is concentrated in New York, specifically in the area designated by 'WVA, NY'. The contract supports jobs within the construction sector in New York.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for cost overruns if the firm fixed-price contract does not adequately account for all project complexities.
Dependence on a single contractor for a significant infrastructure project could pose risks if performance issues arise.

Positive Signals

Firm fixed-price contract shifts cost risk to the contractor.
Awarded under full and open competition, suggesting a competitive process.
Contract duration of 22 months allows for structured project execution.

Sector Analysis

This contract falls within the Construction sector, specifically Commercial and Institutional Building Construction (NAICS 236220). This sector is vital for developing and maintaining the physical infrastructure of government agencies and private entities. The market size for construction services in New York is substantial, with significant government spending on infrastructure projects. This contract represents a portion of that spending, contributing to the overall development and modernization of facilities.

Small Business Impact

The data indicates that this contract was not set aside for small businesses (ss: false, sb: false). Therefore, there are no direct subcontracting requirements for small businesses mandated by this specific award. The impact on the small business ecosystem is indirect, as the primary contractor is responsible for the overall project execution. Opportunities for small businesses would likely arise if they are part of the supply chain or subcontracted by J KOKOLAKIS CONTRACTING INC, but this is not explicitly detailed in the provided data.

Oversight & Accountability

Oversight for this contract would primarily be managed by the Department of the Army, likely through contracting officers and project managers. Accountability measures are inherent in the firm fixed-price contract type, which incentivizes the contractor to adhere to the agreed-upon price and scope. Transparency is facilitated by the public nature of federal contract awards, allowing for scrutiny of the awarded amount and contractor. Specific Inspector General jurisdiction would depend on the nature of any potential issues or fraud.

Related Government Programs

Department of Defense Infrastructure Projects
Army Corps of Engineers Construction Contracts
New York State Public Works
Commercial Building Construction Contracts
Institutional Building Construction Contracts

Risk Flags

Potential for cost overruns if project scope is underestimated.
Risk of quality compromise if contractor faces financial pressure.
Dependence on contractor performance for timely delivery.

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $21.1 million to J KOKOLAKIS CONTRACTING INC. RADIAL FORGE INFRASTRUCTURE AT WVA, NY

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 $21.1 million.

What is the period of performance?

Start: 2027-02-04. End: 2027-02-26.

What is the track record of J KOKOLAKIS CONTRACTING INC with federal contracts, particularly with the Department of Defense?

Information regarding the specific track record of J KOKOLAKIS CONTRACTING INC with federal contracts, especially with the Department of Defense, is not detailed in the provided data. A comprehensive analysis would require accessing federal procurement databases (like SAM.gov or FPDS) to review past performance, contract history, any past performance evaluations, and any reported disputes or terminations. Understanding their experience with similar-sized projects and their performance on previous government contracts would be crucial for assessing their reliability and capability for this infrastructure project.

How does the awarded amount of $21.1 million compare to the typical cost of similar infrastructure projects in New York?

Benchmarking the $21.1 million award against similar infrastructure projects in New York requires detailed project scope and specifications, which are not fully provided. However, the NAICS code 236220 (Commercial and Institutional Building Construction) suggests a broad range of potential projects. To provide a meaningful comparison, one would need to identify projects of comparable size, complexity, and type (e.g., new construction, renovation, specific facility types) within the same geographic region. Factors like prevailing labor costs, material prices, and regulatory environments in New York would influence the benchmark. Without these specifics, the $21.1 million figure serves as a point of reference, but its value-for-money can only be truly assessed against detailed project requirements and market rates for comparable work.

What are the primary risks associated with this firm fixed-price contract for infrastructure development?

The primary risks associated with this firm fixed-price contract for infrastructure development, while generally favorable for the government by capping costs, can include potential contractor underestimation of project complexities, leading to quality compromises or delays if the contractor attempts to cut corners to maintain profitability. There's also a risk that the contractor may not have sufficient contingency built into their price for unforeseen issues, potentially leading to disputes or requests for change orders, although the firm fixed-price nature aims to minimize this. For the government, the risk lies in ensuring the contractor has the technical expertise and financial stability to deliver the project to the required specifications within the fixed price. Thorough pre-award vetting and robust oversight are critical to mitigate these risks.

What is the expected effectiveness of this contract in delivering the intended infrastructure improvements?

The expected effectiveness of this contract in delivering infrastructure improvements hinges on several factors. The firm fixed-price structure incentivizes the contractor to complete the work efficiently and within budget. The 22-month duration provides a defined timeline for execution. However, effectiveness is also dependent on the clarity and completeness of the contract's scope of work, the quality of the contractor's performance, and the adequacy of government oversight. If the project requirements are well-defined and the contractor performs competently, the contract should be effective in achieving its infrastructure goals. Conversely, poorly defined requirements or contractor performance issues could diminish its effectiveness.

How does historical spending on similar infrastructure projects by the Department of the Army compare to this award?

Analyzing historical spending by the Department of the Army on similar infrastructure projects requires access to extensive historical contract data. Without specific historical spending figures for comparable projects (e.g., by size, type, and location), it's difficult to provide a direct comparison. Generally, the Department of the Army invests billions annually in infrastructure to support its global operations and readiness. The $21.1 million award for this specific project in New York would need to be contextualized within the broader patterns of Army infrastructure investment, considering factors like the urgency of the need, the scale of the project, and the prevailing economic conditions at the time of historical awards. A trend analysis of contract values for similar construction services over time would offer more insight.

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: W912DS24R0009

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: J. Kokolakis Contracting, Inc.

Address: 202 E CENTER ST, TARPON SPRINGS, FL, 34689

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: $21,077,456

Exercised Options: $21,077,456

Current Obligation: $21,077,456

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline