This contract expires in 448 days (Jan 14, 2028).

THE LANE CONSTRUCTION CORPORATION - REPAIR TAXIWAY PAVEMENTS, NAS OCEANA

PIID: N4008524C0021

Signed Date: Jul 18, 2024Effective Date: Jul 18, 2024End Date: Closes in 448 days

Award $

$207.8M

Vendor

THE LANE CONSTRUCTION CORPORATION

NAICS

237310

Signed Date

Jul 18, 2024

Key Details

Dollars Obligated

$207.8M

Awarding Agency

Department of Defense

Awarding Sub-Agency

Department of the Navy

NAICS Code

237310 - HIGHWAY, STREET, AND BRIDGE CONSTRUCTION

Product Service Code

Y1BD - CONSTRUCTION OF AIRPORT RUNWAYS AND TAXIWAYS

Place of Performance

VIRGINIA BEACH, VA

Description

REPAIR TAXIWAY PAVEMENTS, NAS OCEANA

Context & Analysis

On Jul 18, 2024, Department of Defense obligated $207,849,000 to THE LANE CONSTRUCTION CORPORATION for repair taxiway pavements, nas oceana. The award is classified under NAICS 237310 — HIGHWAY, STREET, AND BRIDGE CONSTRUCTION. Performance is located in VIRGINIA BEACH, VA. The contract is scheduled through Jan 14, 2028 — approximately 15 months remaining. This award is one of several similar procurements from Department of Defense under NAICS 237310 — related awards are listed below.

Market context

Recompete outlook: Ends Jan 14, 2028, in 15 months. Recompete signal as of Oct 14, 2026: 43/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
Competition: Competition type not recorded. 91% of 208 awards in this market (Department of Defense awards in NAICS 237310 over the last 3 years) were competed; median 3 offers.
Award size: At $207.8M, this award is larger than 19 in 20 of the 487 priced Department of Defense awards in NAICS 237310 over the last 3 years (median $422K).
Incumbent at this agency: THE LANE CONSTRUCTION CORPORATION has 2 other awards from Department of Defense, totalling $1.3B, 2021–2025.
Largest vendors in this market: By obligations, Department of Defense awards in NAICS 237310 over the last 3 years.
KIEWIT INFRASTRUCTURE CO. — 1 award, $443.7M
BFBC LLC — 3 awards, $442.8M
SLSCO, LTD. — 1 award, $387.1M
KIEWIT INFRASTRUCTURE WEST CO. — 1 award, $377.3M
NOVA NACAP A JOINT VENTURE — 1 award, $129.6M