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
- Potential for cost overruns in long-term construction projects.
- Dependence on a single awardee for project completion.
Positive Signals
- Competitive award process.
- Firm fixed price contract type limits cost uncertainty.
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
- Commercial and Institutional Building Construction
- Department of Defense Contracting
- Department of the Army Programs
Risk Flags
- Contract duration is substantial (874 days).
- Potential for scope creep if not managed tightly.
- Reliance on a joint venture for execution.
- Geographic concentration in Georgia.
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: 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 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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