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  5. ›SET-ASIDE FOR DSBSD-CERTIFIED SMALL BUSINESSES - Term…

Awarded contract·Longwood University·Virginia

SET-ASIDE FOR DSBSD-CERTIFIED SMALL BUSINESSES - Term Contract for General Contracting Services

Won by Cornerstone Construction Company +3 more$250kAwarded 8/30/2023Multiple Award
Contract source

Awarded vendors

  • Cornerstone Construction Company
  • Harold W. Collins – Clearing & Grading
  • Lipscomb Electric & Contracting LLC
  • Montgomery Consulting

Description

This is a Virginia state‑wide, DSBSD‑certified small‑business set‑aside term contract for general contracting services at Longwood University. The university sought up to six qualified contractors to perform building alterations, remodeling, and related construction tasks on an as‑needed basis, with each individual project capped at $100 K and an estimated annual spend of $50‑100 K. Four vendors were awarded the initial one‑year contract and have subsequently received multiple one‑year renewals extending the work through 2027. The contract requires eVA registration, DSBSD certification, and compliance with university safety and construction standards; labor rates are submitted hourly and materials are billed “all‑in” at cost. • Scope: building alterations, partitions, doors, ceilings, finishes, minor MEP work, and related site work for university facilities. • Award: four small‑business contractors (Cornerstone, Harold W. Collins, Lipscomb Electric, Montgomery Consulting) each receive a share of the work pool. • Terms: one‑year base term (Sept 2023‑Aug 2024) with up to four optional one‑year renewals; low‑bid wins per project; labor rates and material costs submitted in a pricing schedule.

Attached files

Key dates

Bids closed
8/22/2023
Intent to award
8/30/2023
Awarded
8/30/2023
Contract modified
6/26/2026
Starts
9/1/2023
Ends
8/31/2024Renews
Duration
1 year

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
236220
Solicitation №
LU214-24-003

Set-asides

Small Business, Total Set-Aside

Contract value

$250,000

The solicitation cites an estimated annual spend of $50‑100 K and a maximum project size of $100 K. The bid tab sheet shows awarded amounts totaling about $120 K for the sample project across the four vendors. Assuming each vendor will receive roughly comparable work over the one‑year base term, the total value is likely in the $200‑$300 K range. Adding the potential value of up to four one‑year renewals (each similar in size) could bring the cumulative five‑year ceiling to roughly $1 M. For a single‑year snapshot, a reasonable ballpark is $250 000.

AI estimate from the award documents

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