Treasury's $2.68M Protective Service Contract Awarded to Chenega Global Protection, LLC
Contract Overview
Contract Amount: $2,682,933 ($2.7M)
Contractor: Chenega Global Protection, LLC
Awarding Agency: Department of the Treasury
Start Date: 2021-09-23
End Date: 2026-09-22
Contract Duration: 1,825 days
Daily Burn Rate: $1.5K/day
Competition Type: NOT AVAILABLE FOR COMPETITION
Number of Offers Received: 1
Pricing Type: TIME AND MATERIALS
Sector: Other
Official Description: PROTECTIVE SERVICE OFFICERS
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20228
Plain-Language Summary
Department of the Treasury obligated $2.7 million to CHENEGA GLOBAL PROTECTION, LLC for work described as: PROTECTIVE SERVICE OFFICERS Key points: 1. Contract awarded to a single vendor, raising questions about competition. 2. The contract is for security guard services, a common government need. 3. Potential for cost overruns exists with Time and Materials pricing. 4. The Bureau of Engraving and Printing is the contracting agency.
Value Assessment
Rating: fair
The contract's Time and Materials pricing structure lacks a fixed ceiling, making it difficult to benchmark against similar contracts without detailed cost breakdowns. The awarded amount of $2.68M over five years suggests a moderate annual spend for protective services.
Cost Per Unit: N/A
Competition Analysis
Competition Level: limited
The contract was not available for competition, indicating a limited source selection. This approach may hinder price discovery and potentially lead to higher costs than a competitive process would yield.
Taxpayer Impact: The lack of competition and flexible pricing could result in taxpayers paying more than necessary for these essential security services.
Public Impact
Ensures security at the Bureau of Engraving and Printing facilities. Provides employment for security personnel. Potential for increased costs impacts taxpayer funds allocated to security.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Limited competition
- Time and Materials pricing
- Long contract duration
Positive Signals
- Essential service provision
- Established vendor
Sector Analysis
The security services sector is a significant area of government spending. Benchmarks for protective service officers can vary widely based on location, required skill sets, and contract type, but this contract appears to be within a typical range for specialized security needs.
Small Business Impact
The contract was not awarded to a small business, and there is no indication of subcontracting opportunities for small businesses within the provided data. This represents a missed opportunity for small business participation.
Oversight & Accountability
Oversight will be crucial to monitor expenditures under the Time and Materials contract to ensure efficiency and prevent cost overruns. The Bureau of Engraving and Printing is responsible for ensuring contract compliance and performance.
Related Government Programs
- Security Guards and Patrol Services
- Department of the Treasury Contracting
- Bureau of Engraving and Printing Programs
Risk Flags
- Lack of competitive bidding may lead to inflated costs.
- Time and Materials contract type offers less cost certainty.
- Potential for scope creep without strict oversight.
- No small business participation noted.
Tags
security-guards-and-patrol-services, department-of-the-treasury, dc, definitive-contract, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $2.7 million to CHENEGA GLOBAL PROTECTION, LLC. PROTECTIVE SERVICE OFFICERS
Who is the contractor on this award?
The obligated recipient is CHENEGA GLOBAL PROTECTION, LLC.
Which agency awarded this contract?
Awarding agency: Department of the Treasury (Bureau of Engraving and Printing).
What is the total obligated amount?
The obligated amount is $2.7 million.
What is the period of performance?
Start: 2021-09-23. End: 2026-09-22.
What specific security requirements necessitate a limited competition approach for protective services at the Bureau of Engraving and Printing?
The rationale for limited competition is not detailed in the provided data. Typically, such decisions are based on factors like unique security needs, existing infrastructure, or urgent requirements that preclude a full and open solicitation. Further investigation into the agency's justification would be necessary to understand the specific drivers.
How will the Bureau of Engraving and Printing mitigate the risks associated with Time and Materials pricing to ensure cost-effectiveness?
Mitigation strategies for Time and Materials contracts often include establishing clear labor categories with pre-defined hourly rates, setting strict limits on the total contract value, implementing robust monitoring of hours worked and materials used, and requiring detailed reporting. Regular performance reviews and audits are also key to ensuring value.
What is the expected impact of this contract on the overall security posture and operational continuity of the Bureau of Engraving and Printing?
This contract is expected to maintain and potentially enhance the security posture of the Bureau of Engraving and Printing by providing dedicated protective service officers. This ensures the continuity of operations by safeguarding personnel, assets, and sensitive information, thereby supporting the agency's critical mission.
Industry Classification
NAICS: Administrative and Support and Waste Management and Remediation Services › Investigation and Security Services › Security Guards and Patrol Services
Product/Service Code: UTILITIES AND HOUSEKEEPING › HOUSEKEEPING SERVICES
Competition & Pricing
Extent Competed: NOT AVAILABLE FOR COMPETITION
Solicitation Procedures: ONLY ONE SOURCE
Solicitation ID: 2031ZA21R00021
Offers Received: 1
Pricing Type: TIME AND MATERIALS (Y)
Evaluated Preference: NONE
Contractor Details
Address: 14420 ALBEMARLE POINT PL STE 100, CHANTILLY, VA, 20151
Business Categories: 8(a) Program Participant, Alaskan Native Corporation Owned Firm, Category Business, Limited Liability Corporation, Minority Owned Business, Native American Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $2,682,933
Exercised Options: $2,682,933
Current Obligation: $2,682,933
Actual Outlays: $1,323,903
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: YES
Timeline
Start Date: 2021-09-23
Current End Date: 2026-09-22
Potential End Date: 2026-09-22 00:00:00
Last Modified: 2026-04-09
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