Treasury's $729K security services contract awarded to Chenega Global Protection, LLC

Contract Overview

Contract Amount: $729,032 ($729.0K)

Contractor: Chenega Global Protection, LLC

Awarding Agency: Department of the Treasury

Start Date: 2026-03-24

End Date: 2026-11-23

Contract Duration: 244 days

Daily Burn Rate: $3.0K/day

Competition Type: NOT COMPETED UNDER SAP

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: SECURITY ADMINISTRATIVE SERVICES BRIDGE

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20228

State: District of Columbia Government Spending

Plain-Language Summary

Department of the Treasury obligated $729,031.92 to CHENEGA GLOBAL PROTECTION, LLC for work described as: SECURITY ADMINISTRATIVE SERVICES BRIDGE Key points: 1. Contract awarded on a sole-source basis, limiting price competition. 2. Duration of 244 days suggests a bridge or short-term need. 3. Firm Fixed Price contract type provides cost certainty for the government. 4. Awarded to a single vendor, Chenega Global Protection, LLC. 5. The contract is for security guard and patrol services. 6. Geographic location is Washington D.C.

Value Assessment

Rating: questionable

The contract value of $729,031.92 for approximately 8 months of security services appears high given the lack of competition. Without a competitive bidding process, it is difficult to benchmark the pricing against market rates or similar government contracts. The firm fixed-price nature offers predictability, but the absence of competition raises concerns about whether the government secured the best possible value. Further analysis would require comparing this rate to similar security contracts in the D.C. area.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed under the Simplified Acquisition Procedures (SAP) and was awarded as a sole-source purchase order. This indicates that the Bureau of Engraving and Printing likely identified a specific vendor, Chenega Global Protection, LLC, as the only capable or appropriate source for these security services. The lack of competition means that potential alternative vendors were not considered, which can lead to higher prices and reduced innovation.

Taxpayer Impact: Taxpayers may be paying a premium for these security services due to the absence of a competitive bidding process. Without multiple offers, the government has less leverage to negotiate favorable pricing.

Public Impact

The Bureau of Engraving and Printing will receive essential security guard and patrol services. This contract ensures the physical security of government facilities and personnel. The primary beneficiary is the Department of the Treasury, specifically the Bureau of Engraving and Printing. Services are being delivered within the District of Columbia. The contract supports jobs within the security services industry.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Sole-source award limits price discovery and potentially increases costs for taxpayers.
Short contract duration (8 months) may indicate a stop-gap measure, raising questions about long-term strategic planning.
Lack of competition means potential for less robust service offerings compared to a competitive environment.

Positive Signals

Firm Fixed Price contract provides cost certainty.
Award to an established entity, Chenega Global Protection, LLC, may indicate reliability.
Contract ensures critical security functions are maintained.

Sector Analysis

The security services industry is a significant sector within the broader professional services market. This contract falls under the Security Guards and Patrol Services sub-sector (NAICS 561612). The federal government is a major consumer of these services, particularly for protecting sensitive facilities and personnel. Benchmarking this contract would involve comparing its per-day or per-guard cost against other federal or commercial security contracts of similar scope and location.

Small Business Impact

This contract was not set aside for small businesses, and the awardee, Chenega Global Protection, LLC, is not explicitly identified as a small business in the provided data. There is no information regarding subcontracting plans for small businesses. Therefore, this award does not appear to directly benefit the small business ecosystem through set-asides or mandated subcontracting.

Oversight & Accountability

As a purchase order, oversight would typically be managed by the contracting officer and the Bureau of Engraving and Printing's procurement and security departments. Transparency is limited due to the sole-source nature and lack of public competition details. Inspector General oversight would apply if any fraud, waste, or abuse were suspected.

Related Government Programs

Federal Protective Service Contracts
Department of Homeland Security Security Services
General Services Administration Schedules for Security Services

Risk Flags

Sole-source award raises concerns about price competition and value.
Lack of detailed performance metrics in the provided data makes effectiveness assessment difficult.
Short contract duration may indicate a temporary solution, requiring future procurement actions.

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $729,031.92 to CHENEGA GLOBAL PROTECTION, LLC. SECURITY ADMINISTRATIVE SERVICES BRIDGE

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 $729,031.92.

What is the period of performance?

Start: 2026-03-24. End: 2026-11-23.

What is the track record of Chenega Global Protection, LLC with the federal government, particularly for security services?

Chenega Global Protection, LLC has a significant history of federal contracting, particularly within the security and protective services domain. As a subsidiary of Chenega Corporation, it has been awarded numerous contracts across various agencies, including the Department of Defense, Department of Justice, and Department of Homeland Security. Their experience often includes providing physical security, access control, guard services, and specialized protective details. While specific performance metrics for this particular contract are not yet available due to its recent award, the company's extensive portfolio suggests a capacity to fulfill federal security requirements. However, a deeper dive into past performance reviews and any documented issues on previous contracts would be necessary for a comprehensive assessment.

How does the value of this contract compare to similar security guard services contracts awarded by the federal government?

Benchmarking this $729,031.92 contract for approximately 8 months of security services is challenging without more specific details on the number of guards, hours, and specific duties. However, based on general industry rates and federal contract data, this value could be considered moderate to high, especially given it was awarded sole-source. For instance, contracts for similar guard services in the D.C. area can range significantly, but a sole-source award often implies a less competitive price. A typical government contract for security guards might range from $50-$100+ per hour per guard, depending on skill level, clearance requirements, and location. If this contract covers multiple guards working full-time, the total cost could align with market rates, but the lack of competition prevents definitive value assessment.

What are the primary risks associated with a sole-source award for essential security services?

The primary risks associated with a sole-source award for essential security services include potential overpayment due to lack of price competition, reduced incentive for the contractor to innovate or provide superior service, and the possibility that the chosen contractor may not be the most capable or cost-effective option available. For essential services like security, a sole-source award can also create a dependency on a single vendor, making it difficult to switch providers if performance issues arise or if market conditions change. Furthermore, it raises concerns about transparency and fairness in the procurement process, potentially leading to public scrutiny or challenges from other interested vendors if the justification for sole-sourcing is weak.

What is the expected effectiveness of these security services in meeting the Bureau of Engraving and Printing's needs?

The expected effectiveness of these security services hinges on the specific requirements outlined in the contract statement of work, which are not fully detailed here. However, assuming Chenega Global Protection, LLC is adequately resourced and experienced, and the contract clearly defines performance standards, the services should effectively provide the necessary guard and patrol functions. The Bureau of Engraving and Printing likely requires these services to maintain physical security, deter unauthorized access, respond to incidents, and ensure the safety of personnel and assets. The firm fixed-price nature suggests a clear scope, and the effectiveness will ultimately be measured by the contractor's adherence to these defined duties and performance metrics.

How does this contract fit into the broader context of federal spending on security and protective services?

This $729,031.92 contract represents a small fraction of the overall federal spending on security and protective services, which amounts to billions of dollars annually across various agencies. The federal government relies heavily on contracted services for physical security, cybersecurity, and protective details. Contracts like this one, for guard and patrol services, are common and essential for maintaining the security of federal facilities. While this specific award is for the Bureau of Engraving and Printing, it reflects a consistent demand across government for such services. Analyzing historical spending patterns for security services at this agency and comparing it to similar agencies would provide further context on the scale and necessity of such contracts.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation Services › Investigation and Security Services › Security Guards and Patrol Services

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: NOT COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

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, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $729,032

Exercised Options: $729,032

Current Obligation: $729,032

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Timeline