Performance-based contractor prequalification as an alternative to performance bonds. The activities called for under this contract, is to document the benefits and cost of the current system of…
Ended Definitive Contract Awarded Last action
- Contract number
- DTFH6111C00027
- Awardee
-
Dye Management Group, Inc. UEI S733JM3KA1Y9
- Awarding agency
-
Federal Highway Administration
Department of Transportation
- Obligated
- $341,254
Award facts
- Opportunity
-
- Perfromance Based Construction Contractor Prequalification Award Notice · Posted Jul 28, 2010
- Contract value 100% obligated
- $341,253.52 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 541330 Engineering Services
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 2 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Bellevue, WA 98004, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$5,378 | |
| Exercise an Option | $169,858 | |
| Other Administrative Action | $0 | |
| Original award | $176,774 |
Description
Performance-based contractor prequalification as an alternative to performance bonds. The activities called for under this contract, is to document the benefits and cost of the current system of performance bonding in highway construction, quantify the benefits of replacing currently required performance bonds on some highway construction projects with a rigorous performance-based contractor prequalification system, and provide state highway agencies with guidance on the development and implementation of the prequalification system. Fhwa will use the results of this research to consider changes that may be required legislatively. In addition, state transportation agencies may use the results to assist them in exploring alternative means of awarding projects with confidence concerning the performance of the contractor.
Quick answers
Who was awarded contract DTFH6111C00027?
DTFH6111C00027 was awarded to Dye Management Group, Inc. by Federal Highway Administration (Department of Transportation) on April 27, 2011.
How much is contract DTFH6111C00027 worth?
The government has obligated $341,254 on DTFH6111C00027.
Was contract DTFH6111C00027 competed?
The extent of competition for DTFH6111C00027 was full and open competition. The government received 2 offers.
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