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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$500kAwarded 7/25/2018Multiple Award
Contract source

Awarded vendors

  • Cornerstone Construction Company
  • Harold W. Collins Clearing & Grading
  • Lipscomb Electric & Contracting LLC
  • United Unlimited Construction, Inc.

Description

This term contract establishes a multiple‑award, set‑aside vehicle for DSBSD‑certified small businesses to provide general contracting services on an as‑needed basis at Longwood University. The agreement is rate‑based, with hourly labor rates for a wide range of construction trades and reimbursement for actual material costs. Up to six contractors may be on the roster, each eligible for individual work orders up to $100,000. The base period runs September 1 2018 – August 31 2019, with two optional one‑year renewals already exercised, extending performance through August 31 2021, and the contract permits up to four successive renewals. • Scope covers demolition, drywall, carpentry, painting, ceiling work, minor specialty trades, and emergency repairs across campus facilities. • Payment is on a Labor‑Hour (hourly‑rate) basis plus actual material costs; eVA transaction fees (1 % of PO) are included. • Set‑aside to DSBSD‑certified small businesses; contractors must hold Virginia Class A/B/C licenses, SWaM certification, eVA registration, and E‑Verify compliance. • Work must commence within five calendar days of a Notice to Proceed, and contractors must submit a written cost‑of‑work quotation within five business days of any mandatory site visit.

Attached files

Key dates

Bids closed
5/4/2018
Intent to award
7/25/2018
Awarded
7/25/2018
Contract modified
7/13/2020
Starts
9/1/2018
Ends
8/31/2021Renews
Duration
3 years

Last updated

Details

Award type
Multiple Award
Procurement
Indefinite Delivery / Indefinite Quantity (IDIQ)
Industry
Construction
NAICS
236220
Solicitation №
LU214-18-022

Set-asides

Small Business, Total Set-Aside

Contract value

$500,000

The solicitation notes an estimated annual spend of $50,000–$100,000 and allows up to six contractors. Assuming each awarded contractor captures roughly one‑third of the annual budget (~$75,000) and the contract has been active for three years (including two renewals), the total value is approximately $225,000. Adding likely transaction‑fee revenues and modest escalation, a reasonable ballpark for the full three‑year term is about $500,000.

AI estimate from the award documents

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