Treasury's $5.56M Security Support Services Contract Awarded to Cherokee Nation Strategic Programs

Contract Overview

Contract Amount: $5,557,283 ($5.6M)

Contractor: Cherokee Nation Strategic Programs, L.L.C.

Awarding Agency: Department of the Treasury

Start Date: 2022-10-31

End Date: 2026-04-30

Contract Duration: 1,277 days

Daily Burn Rate: $4.4K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: SECURITY SUPPORT SERVICES

Place of Performance

Location: VIENNA, FAIRFAX County, VIRGINIA, 22182

State: Virginia Government Spending

Plain-Language Summary

Department of the Treasury obligated $5.6 million to CHEROKEE NATION STRATEGIC PROGRAMS, L.L.C. for work described as: SECURITY SUPPORT SERVICES Key points: 1. Contract awarded for security support services valued at $5.56M. 2. Competition method was 'Full and Open Competition After Exclusion of Sources'. 3. The contract spans from October 2022 to April 2026. 4. The primary sector appears to be professional services, specifically engineering. 5. No small business participation was indicated.

Value Assessment

Rating: fair

The contract's value of $5.56M over approximately 4 years suggests a moderate annual spend. Benchmarking against similar security support service contracts would be necessary to fully assess pricing fairness.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract utilized 'Full and Open Competition After Exclusion of Sources', indicating a competitive process but with specific source exclusions. This method aims for broad competition while addressing unique requirements.

Taxpayer Impact: The competitive nature of the award suggests efforts to secure reasonable pricing, but the exclusion of sources warrants scrutiny to ensure optimal taxpayer value.

Public Impact

Ensures critical security support for the Bureau of the Fiscal Service. Supports the operational needs of the Department of the Treasury. Provides services over a multi-year period, indicating ongoing requirements. The awardee is a significant entity in government contracting.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under professional services, specifically engineering services (NAICS 541330). The annual spend of approximately $1.4M for security support is within the range for specialized government contracts in this sector.

Small Business Impact

The data indicates no specific set-aside for small businesses (SB is false). Further investigation would be needed to determine if small businesses were involved as subcontractors or if opportunities were missed.

Oversight & Accountability

The contract is managed by the Bureau of the Fiscal Service under the Department of the Treasury. Standard oversight mechanisms for federal contracts should apply, including performance monitoring and financial audits.

Related Government Programs

Risk Flags

Tags

engineering-services, department-of-the-treasury, va, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $5.6 million to CHEROKEE NATION STRATEGIC PROGRAMS, L.L.C.. SECURITY SUPPORT SERVICES

Who is the contractor on this award?

The obligated recipient is CHEROKEE NATION STRATEGIC PROGRAMS, L.L.C..

Which agency awarded this contract?

Awarding agency: Department of the Treasury (Bureau of the Fiscal Service).

What is the total obligated amount?

The obligated amount is $5.6 million.

What is the period of performance?

Start: 2022-10-31. End: 2026-04-30.

What specific security support services are being provided under this contract?

The provided data does not detail the specific security support services. These could range from physical security, cybersecurity, personnel security, to specialized protective services. Understanding the exact nature of the services is crucial for assessing value and necessity.

What was the rationale for excluding certain sources in the competition?

The rationale for excluding specific sources in a 'Full and Open Competition After Exclusion of Sources' award is typically tied to unique capabilities, past performance, security clearances, or specific technological requirements that only a limited number of entities can meet. This exclusion needs to be justified to ensure it doesn't unduly restrict competition.

How does the $5.56M contract value compare to industry benchmarks for similar security support services?

Without detailed service descriptions and performance metrics, a precise benchmark is difficult. However, the annual spend of approximately $1.4M for security support services for a federal agency is substantial. A comparative analysis with contracts for similar scope and complexity would be needed to determine if the pricing is competitive.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesArchitectural, Engineering, and Related ServicesEngineering Services

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: RFQ-FIN-53100-23-0006

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Cherokee Nation

Address: 2 W. 2ND ST., STE 1500-28, TULSA, OK, 74103

Business Categories: 8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Minority Owned Business, Native American Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Tribally Owned Firm, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $5,602,802

Exercised Options: $5,557,283

Current Obligation: $5,557,283

Actual Outlays: $4,788,462

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 47QRAD20D8141

IDV Type: IDC

Timeline

Start Date: 2022-10-31

Current End Date: 2026-04-30

Potential End Date: 2026-04-30 00:00:00

Last Modified: 2026-04-07

More Contracts from Cherokee Nation Strategic Programs, L.L.C.

View all Cherokee Nation Strategic Programs, L.L.C. federal contracts →

Other Department of the Treasury Contracts

View all Department of the Treasury contracts →

Explore Related Government Spending