DoD Awards $29.8M for Armed Forces Reserve Center Construction to Garco Construction

Contract Overview

Contract Amount: $29,829,432 ($29.8M)

Contractor: Garco Construction, Inc.

Awarding Agency: Department of Defense

Start Date: 2007-06-13

End Date: 2009-11-09

Contract Duration: 880 days

Daily Burn Rate: $33.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 4

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: DESIGN AND CONSTRUCT US ARMED FORCES RESERVE CENTER

Place of Performance

Location: FAIRCHILD AFB, SPOKANE County, WASHINGTON, 99011

State: Washington Government Spending

Plain-Language Summary

Department of Defense obligated $29.8 million to GARCO CONSTRUCTION, INC. for work described as: DESIGN AND CONSTRUCT US ARMED FORCES RESERVE CENTER Key points: 1. Contract awarded for design and construction of a reserve center. 2. Full and open competition was utilized. 3. The contract was firm-fixed-price, indicating price certainty. 4. The project duration was 880 days.

Value Assessment

Rating: fair

The award amount of $29.8 million for a reserve center construction project appears within a reasonable range for such a facility. However, without specific details on the size, scope, and location, a precise comparison is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The use of full and open competition is a positive indicator for price discovery. This method allows all eligible contractors to bid, fostering a competitive environment that should drive down costs.

Taxpayer Impact: The competitive bidding process likely resulted in a fair market price, maximizing the value of taxpayer dollars for this infrastructure project.

Public Impact

Supports military readiness by providing necessary facilities for reserve forces. Contributes to local economy through construction jobs and material sourcing. Enhances community infrastructure with a new federal facility.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The construction sector is highly competitive, with significant government spending on infrastructure. Benchmarks for similar projects would depend heavily on geographic location, size, and specific requirements.

Small Business Impact

The data indicates that small business participation was not a factor in this contract award. Future solicitations could consider set-asides or incentives to encourage small business involvement.

Oversight & Accountability

The Department of the Army awarded this contract, implying oversight from a federal agency. However, specific oversight mechanisms and accountability measures are not detailed in the provided data.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $29.8 million to GARCO CONSTRUCTION, INC.. DESIGN AND CONSTRUCT US ARMED FORCES RESERVE CENTER

Who is the contractor on this award?

The obligated recipient is GARCO CONSTRUCTION, 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 $29.8 million.

What is the period of performance?

Start: 2007-06-13. End: 2009-11-09.

What was the final cost compared to the initial bid or estimated cost?

The provided data does not include information on the initial bid or estimated cost, nor does it detail any change orders or final cost adjustments. To assess the value effectively, a comparison between the awarded amount and the initial estimates or bids would be necessary.

Were there any significant delays or cost overruns during the project's execution?

The data indicates a planned duration of 880 days. Without post-award performance data, it's impossible to determine if the project experienced delays or cost overruns. Monitoring project completion against the planned schedule and budget is crucial for assessing risk.

How does the cost per square foot compare to similar reserve center construction projects?

To assess effectiveness, a cost per square foot benchmark is needed. This requires knowing the total square footage of the completed facility and comparing it to similar projects in comparable geographic regions. This data is not available in the provided information.

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

Solicitation ID: W912QR06R0085

Offers Received: 4

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 4114 E BROADWAY AVE, SPOKANE, WA, 05

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $30,779,432

Exercised Options: $29,829,432

Current Obligation: $29,829,432

Contract Characteristics

Cost or Pricing Data: NO

Timeline

Start Date: 2007-06-13

Current End Date: 2009-11-09

Potential End Date: 2009-11-09 00:00:00

Last Modified: 2010-06-06

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