DoD Awards $30.7M Construction Contract to 4K Global-Acc JV for Georgia Facilities

Contract Overview

Contract Amount: $30,771,450 ($30.8M)

Contractor: 4K Global-Acc JV, LLC

Awarding Agency: Department of Defense

Start Date: 2023-09-26

End Date: 2026-02-16

Contract Duration: 874 days

Daily Burn Rate: $35.2K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 4

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: ST-22092-3P GEORGIA POWER

Place of Performance

Location: AUGUSTA, RICHMOND County, GEORGIA, 30905

State: Georgia Government Spending

Plain-Language Summary

Department of Defense obligated $30.8 million to 4K GLOBAL-ACC JV, LLC for work described as: ST-22092-3P GEORGIA POWER Key points: 1. Contract awarded to 4K Global-Acc JV, LLC for commercial and institutional building construction. 2. The contract has a firm fixed price type. 3. Competition was full and open after exclusion of sources. 4. The contract duration is 874 days.

Value Assessment

Rating: good

The contract value of $30.7 million appears reasonable for a multi-year construction project of this nature. 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 after exclusion of sources, indicating a competitive bidding process. This method generally promotes price discovery and ensures fair market value.

Taxpayer Impact: The $30.7 million expenditure represents taxpayer investment in critical infrastructure, with the competitive process aiming to maximize value for money.

Public Impact

Supports military readiness and infrastructure development in Georgia. Provides construction services for commercial and institutional buildings. Creates jobs and economic activity within the construction sector.

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. Spending in this sector is often driven by government infrastructure needs and modernization efforts.

Small Business Impact

The data indicates that small businesses were not directly awarded this contract, as the awardee is a joint venture. Further analysis would be needed to determine if small businesses are involved as subcontractors.

Oversight & Accountability

The contract is managed by the Department of the Army, which has established oversight mechanisms for construction projects to ensure compliance with specifications and timelines.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $30.8 million to 4K GLOBAL-ACC JV, LLC. ST-22092-3P GEORGIA POWER

Who is the contractor on this award?

The obligated recipient is 4K GLOBAL-ACC JV, 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 $30.8 million.

What is the period of performance?

Start: 2023-09-26. End: 2026-02-16.

What is the estimated value of the construction services provided under this contract?

The contract has a total value of $30,771,450. This represents the total obligated amount for the firm fixed price contract awarded to 4K Global-ACC JV, LLC for commercial and institutional building construction services.

What are the primary risks associated with this construction contract?

Key risks include potential delays in project completion, unforeseen site conditions requiring additional work, and fluctuations in material costs, despite the firm fixed price structure. Ensuring robust project management and contingency planning is crucial.

How effectively does the competition method ensure value for taxpayer money?

The 'full and open competition after exclusion of sources' method is designed to foster competition. By allowing all eligible sources to bid after an initial exclusion, it aims to achieve competitive pricing and ensure the government receives good value.

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 AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SEALED BID

Solicitation ID: W912HN23B4001

Offers Received: 4

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 635 NW FRONTAGE RD, AUGUSTA, GA, 30907

Business Categories: Category Business, Joint Venture Women Owned Small Business, Limited Liability Corporation, Partnership or Limited Liability Partnership, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business

Financial Breakdown

Contract Ceiling: $30,741,605

Exercised Options: $30,741,605

Current Obligation: $30,771,450

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2023-09-26

Current End Date: 2026-02-16

Potential End Date: 2027-03-18 00:00:00

Last Modified: 2026-01-23

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