Army's $17M Reserve Center Design/Build Contract Awarded to Korte Construction Company

Contract Overview

Contract Amount: $17,006,862 ($17.0M)

Contractor: Korte Construction Company

Awarding Agency: Department of Defense

Start Date: 2009-05-29

End Date: 2011-10-31

Contract Duration: 885 days

Daily Burn Rate: $19.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 10

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: DESIGN/BUILD OF A BRAC ARMED FORCES RESERVE CENTER, MCALESTER, OKLAHOMA

Place of Performance

Location: MCALESTER, PITTSBURG County, OKLAHOMA, 74501

State: Oklahoma Government Spending

Plain-Language Summary

Department of Defense obligated $17.0 million to KORTE CONSTRUCTION COMPANY for work described as: DESIGN/BUILD OF A BRAC ARMED FORCES RESERVE CENTER, MCALESTER, OKLAHOMA Key points: 1. Contract awarded for a Design/Build project for a BRAC Armed Forces Reserve Center. 2. The project was awarded under full and open competition. 3. The contract value is $17,006,862. 4. The project duration was 885 days. 5. The contractor is Korte Construction Company.

Value Assessment

Rating: fair

The contract value of $17M for a design/build project of this nature appears within a reasonable range for similar large-scale construction projects. However, without specific details on the scope and complexity, a precise comparison is difficult.

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 more competitive pricing as multiple bidders vie for the contract.

Taxpayer Impact: Full and open competition is expected to yield a fair price for taxpayers, maximizing value for the investment in military infrastructure.

Public Impact

Enhances military readiness by providing modern facilities for reserve forces. Supports local economy through construction jobs and contractor spending. BRAC initiative aims to optimize military real estate footprint.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under Commercial and Institutional Building Construction, a sector characterized by significant capital investment and project management complexity. Benchmarks for similar government construction projects vary widely based on size, location, and specific requirements.

Small Business Impact

The data indicates that small business participation was not a factor in this contract award (ss: false, sb: false). Future contracts could explore opportunities for small business subcontracting to promote economic diversity.

Oversight & Accountability

The award was managed by the Department of the Army, part of the Department of Defense. Standard oversight procedures for federal construction projects would apply, including progress monitoring and quality assurance.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $17.0 million to KORTE CONSTRUCTION COMPANY. DESIGN/BUILD OF A BRAC ARMED FORCES RESERVE CENTER, MCALESTER, OKLAHOMA

Who is the contractor on this award?

The obligated recipient is KORTE 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 $17.0 million.

What is the period of performance?

Start: 2009-05-29. End: 2011-10-31.

What was the final cost compared to the initial bid, and were there any significant change orders?

The provided data does not include information on the final cost versus the initial bid or details on change orders. Analyzing these aspects would be crucial to fully assess the contract's financial performance and identify any potential cost overruns or efficiencies achieved during the project lifecycle.

Were there any performance issues or disputes during the contract period?

The available data does not specify any performance issues or disputes between the Department of the Army and Korte Construction Company during the contract execution. A thorough review of contract performance reports and any associated documentation would be necessary to ascertain the project's success beyond the initial award and completion dates.

How does the cost per square foot compare to similar BRAC facility constructions?

Calculating a precise cost per square foot benchmark requires the total square footage of the facility, which is not provided in the data. Without this key metric, a direct comparison to similar BRAC facility constructions is not feasible. Further data collection on the facility's size is needed for a meaningful cost analysis.

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: W912QR09R0030

Offers Received: 10

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 5700 OAKLAND AVE SUITE 200, SAINT LOUIS, MO, 90

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

Financial Breakdown

Contract Ceiling: $17,006,862

Exercised Options: $17,006,862

Current Obligation: $17,006,862

Contract Characteristics

Cost or Pricing Data: NO

Timeline

Start Date: 2009-05-29

Current End Date: 2011-10-31

Potential End Date: 2011-10-31 00:00:00

Last Modified: 2011-01-20

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