Rehabilitation of first bank, independence national historical park, philadelphia county, pennsylvania.

Ended Definitive Contract Awarded Last action

Contract number
140P2023C0005
Awardee
Awarding agency
Obligated
$34,097,760

Award facts

Opportunity
Contract value 100% obligated
$34,097,760.00 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 3 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Philadelphia, PA 19152, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00048 $686,888
Supplemental Agreement for work within scope P00047 $70,187
Supplemental Agreement for work within scope P00046 $184,231
Supplemental Agreement for work within scope P00045 -$19,284
Supplemental Agreement for work within scope P00044 $173,557
Change Order P00043 $0
Supplemental Agreement for work within scope P00042 $151,795
Change Order P00041 $0
Supplemental Agreement for work within scope P00039 $19,913
Change Order P00040 $0
Supplemental Agreement for work within scope P00038 $15,736
Supplemental Agreement for work within scope P00037 $138,492
Change Order P00036 $0
Supplemental Agreement for work within scope P00035 $42,247
Change Order P00034 $0
Supplemental Agreement for work within scope P00033 $151,859
Supplemental Agreement for work within scope P00031 $76,695
Supplemental Agreement for work within scope P00030 $99,431
Change Order P00029 $0
Definitize Change Order P00028 $0
Supplemental Agreement for work within scope P00027 $94,474
Change Order P00026 $0
Supplemental Agreement for work within scope P00025 $58,305
Change Order P00024 $0
Supplemental Agreement for work within scope P00023 $53,074
Definitize Change Order P00022 $122,424
Change Order P00021 $0
Supplemental Agreement for work within scope P00020 $155,442
Change Order P00019 $0
Supplemental Agreement for work within scope P00018 $82,161
Definitize Change Order P00017 $2,883,479
Supplemental Agreement for work within scope P00015 $120,169
Change Order P00016 $0
Supplemental Agreement for work within scope P00014 $642,473
Supplemental Agreement for work within scope P00013 $263,460
Supplemental Agreement for work within scope P00012 $497,035
Supplemental Agreement for work within scope P00011 $138,234
Supplemental Agreement for work within scope P00010 $2,616,425
Supplemental Agreement for work within scope P00009 $173,390
Supplemental Agreement for work within scope P00008 $59,177
Supplemental Agreement for work within scope P00007 $591,116
Supplemental Agreement for work within scope P00006 $427,827
Supplemental Agreement for work within scope P00005 $36,870
Supplemental Agreement for work within scope P00004 $427,239
Change Order P00003 $15,841
Change Order P00002 $224,239
Change Order P00001 $9,373
Original award $22,255,000
Show all 48

About this award

The National Park Service awarded a $34.1 million definitive contract to The Bedwell Company for rehabilitation of the First Bank building at Independence National Historical Park in Philadelphia on June 1, 2023, under firm fixed-price pricing with no set-aside.

The originating pre-solicitation, posted November 20, 2022, describes restoration and rehabilitation of interior and exterior elements including historic brick masonry vaults, plaster walls and ceilings, wood trim, and painted finishes. Exterior work encompasses brick and limestone masonry restoration, copper roof and gutter repairs, and balustrade repairs. The scope includes construction of a new addition containing a stair tower, elevator, and entrance lobby. Place of performance is Philadelphia, PA.

The contract carries an ultimate completion date of September 16, 2026. Service Contract Inventory reporting shows FY2025 labor volume of 41.1 FTEs and 85,605 contractor hours, with a derived blended government-paid rate of $182.93 per hour. FY2025 invoiced amount was $15.7 million, reflecting 13 subcontractors accounting for 71% of contractor hours. Year-over-year, the hourly rate declined from $1,833.82 in FY2023 to $375.78 in FY2024, continuing downward to FY2025.

Quick answers

Who was awarded contract 140P2023C0005?

140P2023C0005 was awarded to The Bedwell Company by National Office (National Park Service) on June 1, 2023.

How much is contract 140P2023C0005 worth?

The government has obligated $34,097,760 on 140P2023C0005.

Was contract 140P2023C0005 competed?

The extent of competition for 140P2023C0005 was full and open competition. The government received 3 offers.

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