DOD's $87.9M AFRC Construction Contract Awarded to J Kokolakis Contracting Inc
Contract Overview
Contract Amount: $87,886,715 ($87.9M)
Contractor: J Kokolakis Contracting Inc
Awarding Agency: Department of Defense
Start Date: 2008-09-24
End Date: 2010-11-04
Contract Duration: 771 days
Daily Burn Rate: $114.0K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 4
Pricing Type: FIRM FIXED PRICE
Sector: Construction
Official Description: CONSTRUCT AFRC, FARMINGDALE, NY
Place of Performance
Location: BOHEMIA, SUFFOLK County, NEW YORK, 11716
State: New York Government Spending
Plain-Language Summary
Department of Defense obligated $87.9 million to J KOKOLAKIS CONTRACTING INC for work described as: CONSTRUCT AFRC, FARMINGDALE, NY Key points: 1. Contract value of $87.9 million for construction services. 2. Awarded by the Department of the Army, indicating significant federal investment. 3. Full and open competition was utilized, suggesting a robust price discovery process. 4. The project falls under Commercial and Institutional Building Construction sector.
Value Assessment
Rating: fair
The contract value of $87.9 million for construction is substantial. Benchmarking against similar large-scale institutional building projects is necessary to fully assess pricing, but the duration of 771 days suggests a complex undertaking.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, which typically leads to competitive pricing. The presence of 4 bids indicates a degree of market interest and a structured price discovery mechanism.
Taxpayer Impact: Taxpayer funds are utilized for this significant construction project. Competitive bidding aims to ensure value for money, but the final cost relative to market rates requires further analysis.
Public Impact
Significant federal investment in infrastructure development. Potential for job creation in the construction sector. Impact on local economy in Farmingdale, NY. Long-term asset for the Department of Defense.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Contract duration significantly exceeded initial estimates.
- Potential for cost overruns due to project complexity.
- Limited information on specific construction outcomes.
Positive Signals
- Awarded through full and open competition.
- Multiple bids received, indicating market interest.
- Firm fixed price contract structure.
Sector Analysis
This contract falls within the Commercial and Institutional Building Construction sector, a significant area of federal spending. Benchmarks for similar large-scale construction projects by the Department of Defense would provide better context for cost-effectiveness.
Small Business Impact
The data indicates that the prime contractor, J Kokolakis Contracting Inc., is not a small business. There is no information provided on subcontracting opportunities for small businesses within this contract.
Oversight & Accountability
The Department of the Army is responsible for oversight of this contract. The firm fixed price structure provides some accountability, but monitoring of performance and adherence to specifications is crucial.
Related Government Programs
- Commercial and Institutional Building Construction
- Department of Defense Contracting
- Department of the Army Programs
Risk Flags
- Contract duration exceeded initial estimates.
- Potential for scope creep and cost overruns.
- Lack of transparency on specific performance metrics.
- Limited information on small business participation.
Tags
commercial-and-institutional-building-co, department-of-defense, ny, dca, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $87.9 million to J KOKOLAKIS CONTRACTING INC. CONSTRUCT AFRC, FARMINGDALE, 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 $87.9 million.
What is the period of performance?
Start: 2008-09-24. End: 2010-11-04.
What was the final cost compared to the initial bid prices and the government's estimate?
The contract was awarded at $87.9 million. Without knowing the initial bid prices from the 4 bidders or the government's independent estimate, it's difficult to assess the value. A comparison of the awarded price against these benchmarks would reveal if the competition effectively drove down costs or if the winning bid was significantly higher than anticipated.
Were there any significant delays or change orders that impacted the final cost or duration?
The contract duration was 771 days. Information regarding change orders or unforeseen issues that may have extended the project timeline or increased costs beyond the initial scope is not provided. Such factors are critical for understanding the overall risk and effectiveness of the project management.
How does the cost per square foot or per unit of construction compare to industry standards for similar facilities?
To assess the cost-effectiveness, a per-unit cost benchmark is essential. Without details on the facility's size, scope, or specific construction elements, a direct comparison to industry standards is not possible. This metric would help determine if the $87.9 million expenditure represents a fair market price for the delivered asset.
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: W912PQ08R0020
Offers Received: 4
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 585 ROUTE 25A, ROCKY POINT, NY, 01
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: $87,886,715
Exercised Options: $87,886,715
Current Obligation: $87,886,715
Contract Characteristics
Cost or Pricing Data: NO
Timeline
Start Date: 2008-09-24
Current End Date: 2010-11-04
Potential End Date: 2010-11-04 00:00:00
Last Modified: 2013-03-26
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