DoD Awards $29.4M Firm Fixed Price Contract for Construction Services in Florida

Contract Overview

Contract Amount: $29,366,871 ($29.4M)

Contractor: Caddell Construction CO. (DE), LLC

Awarding Agency: Department of Defense

Start Date: 2020-10-09

End Date: 2023-09-12

Contract Duration: 1,068 days

Daily Burn Rate: $27.5K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: CONSTRUCTION

Place of Performance

Location: TYNDALL AFB, BAY County, FLORIDA, 32403

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $29.4 million to CADDELL CONSTRUCTION CO. (DE), LLC for work described as: CONSTRUCTION Key points: 1. Contract value of $29.4 million for construction services. 2. Awarded under full and open competition, indicating a competitive bidding process. 3. Potential risk associated with firm fixed price contracts if scope changes significantly. 4. Spending falls within the broad 'Construction' sector.

Value Assessment

Rating: good

The contract value of $29.4 million appears reasonable for a large construction project. Benchmarking against similar large-scale commercial and institutional building construction contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting that multiple bidders had the opportunity to compete. This method generally promotes price discovery and can lead to more competitive pricing.

Taxpayer Impact: The competitive nature of the award is positive for taxpayers, as it likely resulted in a more cost-effective outcome compared to non-competitive methods.

Public Impact

Supports infrastructure development within the Department of Defense. Provides construction services in Florida, potentially impacting local employment and businesses. Firm fixed price contract aims to control costs for the government.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under the broad construction sector, specifically commercial and institutional building construction. Spending benchmarks for similar DoD construction projects would be needed for a precise comparison.

Small Business Impact

The data does not indicate whether small businesses were involved in this contract, either as prime contractors or subcontractors. Further analysis would be needed to assess small business participation.

Oversight & Accountability

The award was made by the Department of the Army, a component of the Department of Defense. Standard procurement oversight processes would apply to ensure compliance and accountability.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $29.4 million to CADDELL CONSTRUCTION CO. (DE), LLC. CONSTRUCTION

Who is the contractor on this award?

The obligated recipient is CADDELL CONSTRUCTION CO. (DE), 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 $29.4 million.

What is the period of performance?

Start: 2020-10-09. End: 2023-09-12.

What specific type of construction was performed under this contract?

The contract falls under NAICS code 236220, which covers Commercial and Institutional Building Construction. This typically includes the construction of non-residential buildings such as office buildings, warehouses, retail stores, and other commercial facilities, as well as institutional buildings like schools, hospitals, and government buildings.

What is the potential risk associated with the firm fixed price contract type?

A firm fixed price (FFP) contract offers the least risk to the government regarding cost overruns. However, the contractor bears the risk of increased costs. If unforeseen issues arise or the scope expands significantly without a formal change order, the contractor may incur losses, potentially impacting future bids or project quality.

How does the contract duration and number of delivery orders impact overall project management?

With a duration of 1068 days (approximately 3 years) and 3 delivery orders, this suggests a project with multiple phases or components. Effective project management by both the government and the contractor is crucial to ensure timely completion, adherence to specifications, and cost control across all delivery orders.

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: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: W912HN18R3000

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 2700 LAGOON PARK DR, MONTGOMERY, AL, 36109

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: $29,404,871

Exercised Options: $29,366,871

Current Obligation: $29,366,871

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: W912HN20D3003

IDV Type: IDC

Timeline

Start Date: 2020-10-09

Current End Date: 2023-09-12

Potential End Date: 2023-09-12 00:00:00

Last Modified: 2025-01-21

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