VA awards $1.97M for Security Guard Services to SERVEXO, spanning 3 years

Contract Overview

Contract Amount: $1,974,703 ($2.0M)

Contractor: Servexo

Awarding Agency: Department of Veterans Affairs

Start Date: 2024-06-01

End Date: 2027-05-31

Contract Duration: 1,094 days

Daily Burn Rate: $1.8K/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 15

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: SECURITY GUARD SERVICES

Place of Performance

Location: PORTLAND, MULTNOMAH County, OREGON, 97204

State: Oregon Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $2.0 million to SERVEXO for work described as: SECURITY GUARD SERVICES Key points: 1. Contract Value: $1.97 million over 3 years. 2. Competition: Competed under Simplified Acquisition Procedures (SAP). 3. Risk: Firm Fixed Price contract type mitigates cost overrun risk. 4. Sector: Security and Protective Services.

Value Assessment

Rating: good

The contract value of $1.97 million for 3 years appears reasonable for security guard services, especially given it was competed under SAP. Benchmarking against similar contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was competed under Simplified Acquisition Procedures (SAP), suggesting a limited competition environment. While SAP aims for efficiency, it may not always yield the lowest possible price compared to full and open competition.

Taxpayer Impact: The use of SAP suggests an effort to streamline procurement for smaller dollar amounts, potentially balancing efficiency with taxpayer value.

Public Impact

Ensures security at VA facilities, protecting personnel and assets. Supports local employment through security guard services. Provides essential services to a critical government agency.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

Security guard services fall under the broader Security and Protective Services sector. Spending in this sector is driven by the need for physical security across government and private entities. Benchmarks vary widely based on location, service level, and contract duration.

Small Business Impact

Analysis of small business participation is not directly available from the provided data. Further investigation would be needed to determine if small businesses were involved or could have been involved in this procurement.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract. Standard procurement regulations and contract management practices would apply to ensure performance and accountability.

Related Government Programs

Risk Flags

Tags

security-guards-and-patrol-services, department-of-veterans-affairs, or, purchase-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $2.0 million to SERVEXO. SECURITY GUARD SERVICES

Who is the contractor on this award?

The obligated recipient is SERVEXO.

Which agency awarded this contract?

Awarding agency: Department of Veterans Affairs (Department of Veterans Affairs).

What is the total obligated amount?

The obligated amount is $2.0 million.

What is the period of performance?

Start: 2024-06-01. End: 2027-05-31.

What is the typical cost per guard hour for similar services in Oregon?

Determining the precise cost per guard hour requires detailed market research specific to Oregon and the service level required. However, general industry benchmarks can range from $30-$60 per hour, depending on factors like guard qualifications, shift differentials, and the specific security needs. Comparing SERVEXO's pricing against these benchmarks, adjusted for contract specifics, would reveal potential cost efficiencies or overages.

What are the risks associated with using Simplified Acquisition Procedures (SAP) for this contract?

The primary risk of using SAP is potentially reduced competition, which could lead to higher prices than might be achieved through full and open competition. There's also a risk that the agency might not explore the full range of innovative solutions available in the market. However, SAP is designed for efficiency in procuring goods and services below certain thresholds, balancing these risks against the need for timely acquisition.

How effectively does this contract meet the VA's security needs?

The effectiveness of this contract in meeting the VA's security needs hinges on the performance of SERVEXO and the clarity of the contract's performance work statement. Assuming the contract was awarded based on meeting specific security requirements and that performance is monitored, it likely provides adequate security. However, ongoing performance reviews and user feedback are crucial to confirm its effectiveness in practice.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation ServicesInvestigation and Security ServicesSecurity Guards and Patrol Services

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

Competition & Pricing

Extent Competed: COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Solicitation ID: 36C26024Q0033

Offers Received: 15

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1411 W 190TH ST STE 475, GARDENA, CA, 90248

Business Categories: 8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, Minority Owned Business, Other Minority Owned Business, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $3,470,143

Exercised Options: $3,470,143

Current Obligation: $1,974,703

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Timeline

Start Date: 2024-06-01

Current End Date: 2027-05-31

Potential End Date: 2029-05-31 00:00:00

Last Modified: 2026-03-02

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