DoD awards $15.7M contract for Hot Springs AFRC construction to W. G. Yates & Sons

Contract Overview

Contract Amount: $15,669,514 ($15.7M)

Contractor: W. G. Yates & Sons Construction Company

Awarding Agency: Department of Defense

Start Date: 2010-03-11

End Date: 2013-01-31

Contract Duration: 1,057 days

Daily Burn Rate: $14.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 8

Pricing Type: FIRM FIXED PRICE

Sector: Construction

Official Description: CONSTRUCTION OF HOT SPRINGS AR AFRC

Place of Performance

Location: HOT SPRINGS NATIONAL PARK, GARLAND County, ARKANSAS, 71901

State: Arkansas Government Spending

Plain-Language Summary

Department of Defense obligated $15.7 million to W. G. YATES & SONS CONSTRUCTION COMPANY for work described as: CONSTRUCTION OF HOT SPRINGS AR AFRC Key points: 1. The contract value of $15.7 million falls within typical ranges for institutional building construction. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. The firm fixed-price contract type shifts risk to the contractor. 4. The project is located in Arkansas, a region with ongoing construction activity.

Value Assessment

Rating: good

The contract value of $15.7 million appears reasonable for a large-scale institutional building construction project. Benchmarking against similar projects would provide a more precise assessment, but the scale suggests a competitive market price was likely achieved.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple bidders were likely considered. This method generally promotes price discovery and can lead to more favorable pricing for the government.

Taxpayer Impact: The use of full and open competition is a positive indicator for taxpayer value, as it encourages competitive pricing and potentially lower overall costs for the construction project.

Public Impact

Construction of a significant facility for the Army, potentially impacting military readiness or personnel support. Economic impact on the local Arkansas economy through job creation and material sourcing. The project's completion date of January 2013 suggests it is a past expenditure.

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 that is highly sensitive to economic cycles and government funding. Benchmarks for similar projects would typically consider square footage, complexity, and location.

Small Business Impact

The data indicates that small businesses were not the primary awardee, as the contract was awarded to W. G. Yates & Sons Construction Company. Further analysis would be needed to determine if small businesses participated as subcontractors.

Oversight & Accountability

The award was made by the Department of the Army, a component of the Department of Defense. Standard government oversight processes for construction contracts would apply, including site inspections and progress monitoring.

Related Government Programs

Risk Flags

Tags

commercial-and-institutional-building-co, department-of-defense, ar, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $15.7 million to W. G. YATES & SONS CONSTRUCTION COMPANY. CONSTRUCTION OF HOT SPRINGS AR AFRC

Who is the contractor on this award?

The obligated recipient is W. G. YATES & SONS 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 $15.7 million.

What is the period of performance?

Start: 2010-03-11. End: 2013-01-31.

What was the specific purpose and scope of the AFRC facility being constructed?

The provided data does not specify the exact purpose or scope of the Army Aviation and Missile Command (AMCOM) Regional Fire Center (AFRC). Typically, such facilities are crucial for supporting aviation and missile operations, potentially including maintenance, training, or administrative functions. Understanding the specific requirements would allow for a more accurate assessment of the contract's value and necessity.

Were there any significant delays or cost changes during the contract period?

The provided data does not contain information on contract modifications, delays, or cost changes. The duration was 1057 days, and the contract was awarded in March 2010 with an end date in January 2013. Without access to contract performance reports or modification logs, it is impossible to determine if the project experienced any deviations from the original plan or budget.

How did the final cost compare to initial estimates or bids from other competitors?

The data indicates the contract was awarded under full and open competition with a final value of $15,669,514. However, it does not provide initial estimates or the bid amounts from other competitors. Therefore, a direct comparison to determine if the final cost was favorable relative to other bids or initial projections cannot be made from this information alone.

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: TWO STEP

Solicitation ID: W912QR09R0091

Offers Received: 8

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: THE Yates Companies Inc (UEI: 017041232)

Address: ONE GULLY AVE, PHILADELPHIA, MS, 39350

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

Financial Breakdown

Contract Ceiling: $15,669,514

Exercised Options: $15,669,514

Current Obligation: $15,669,514

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2010-03-11

Current End Date: 2013-01-31

Potential End Date: 2013-01-31 00:00:00

Last Modified: 2021-04-28

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