DOD awards $76.8M contract for Commercial Building Construction to Monarch Construction Company

Contract Overview

Contract Amount: $76,858,920 ($76.9M)

Contractor: Monarch Construction Company

Awarding Agency: Department of Defense

Start Date: 2005-08-31

End Date: 2011-08-31

Contract Duration: 2,191 days

Daily Burn Rate: $35.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 5

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Place of Performance

Location: DAYTON, GREENE County, OHIO, 45433

State: Ohio Government Spending

Plain-Language Summary

Department of Defense obligated $76.9 million to MONARCH CONSTRUCTION COMPANY for work described as: Key points: 1. Contract awarded for commercial and institutional building construction. 2. The contract was awarded under full and open competition. 3. The contract duration is 2191 days. 4. The award amount is $76,858,920.

Value Assessment

Rating: fair

The award amount of $76.8M for commercial and institutional building construction appears to be within a reasonable range for a contract of this duration and scope. Benchmarking against similar large-scale construction projects 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, indicating a robust price discovery process. This method generally leads to competitive pricing as multiple bidders vie for the contract.

Taxpayer Impact: Full and open competition is expected to yield fair pricing, maximizing taxpayer value for the construction services procured.

Public Impact

Supports infrastructure development within the Department of Defense. Provides construction services that may impact military readiness or base operations. Creates jobs and economic activity through construction work.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under the Commercial and Institutional Building Construction sector. Spending in this sector can vary significantly based on government infrastructure needs and economic conditions. Benchmarks for similar large-scale construction projects are essential for a comprehensive analysis.

Small Business Impact

The data indicates that this contract did not involve small business participation (sb: false). Further investigation would be needed to determine if opportunities were overlooked or if the project scope was not conducive to small business involvement.

Oversight & Accountability

The contract was awarded by the Department of the Army, a component of the Department of Defense. Standard oversight mechanisms for large construction contracts would apply, including project management and quality assurance.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, department-of-defense, oh, dca, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $76.9 million to MONARCH CONSTRUCTION COMPANY. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is MONARCH CONSTRUCTION COMPANY.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Army).

What is the total obligated amount?

The obligated amount is $76.9 million.

What is the period of performance?

Start: 2005-08-31. End: 2011-08-31.

What specific types of commercial and institutional buildings were constructed under this contract, and did the final product meet the intended operational needs?

The provided data lacks specifics on the types of buildings constructed. To assess value, details on the project scope, including the number and purpose of buildings, are crucial. Understanding if the completed structures effectively supported the Department of the Army's operational requirements is key to evaluating the contract's success beyond the financial outlay.

Given the 6-year duration, what mechanisms were in place to manage potential cost overruns or scope creep, and how effective were they?

The firm fixed price contract structure inherently limits the government's exposure to cost overruns, shifting that risk to the contractor. However, for a contract spanning six years, mechanisms for managing scope changes and ensuring contractor performance against evolving needs are vital. The effectiveness of these oversight processes would determine if the project remained within budget and met its objectives despite the long timeline.

How did the pricing of this contract compare to other similar large-scale construction projects awarded by the government during the same period?

A direct comparison of this contract's pricing to similar projects is not possible with the given data. A thorough analysis would require benchmarking against contracts for comparable building types, sizes, and geographical locations. This would help ascertain if the $76.8M award represented competitive market pricing or if there were potential areas for cost savings in future procurements.

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: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 5

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1654 SHERMAN AVE, CINCINNATI, OH, 90

Business Categories: Category Business, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Contract Characteristics

Cost or Pricing Data: NO

Timeline

Start Date: 2005-08-31

Current End Date: 2011-08-31

Potential End Date: 2011-08-31 00:00:00

Last Modified: 2011-05-27

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