DHS Awards $32.6M for Protective Security Officers in Manhattan, NY to Paragon Systems Inc

Contract Overview

Contract Amount: $32,574,221 ($32.6M)

Contractor: Paragon Systems Inc

Awarding Agency: Department of Homeland Security

Start Date: 2018-10-01

End Date: 2024-03-31

Contract Duration: 2,008 days

Daily Burn Rate: $16.2K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: PROTECTIVE SECURITY OFFICER (PSO) SERVICES - MANHATTAN, NY

Place of Performance

Location: NEW YORK, NEW YORK County, NEW YORK, 10278

State: New York Government Spending

Plain-Language Summary

Department of Homeland Security obligated $32.6 million to PARAGON SYSTEMS INC for work described as: PROTECTIVE SECURITY OFFICER (PSO) SERVICES - MANHATTAN, NY Key points: 1. Contract awarded to Paragon Systems Inc. for PSO services. 2. Significant contract value of $32.6 million over its period of performance. 3. Competition method was 'Full and Open', suggesting broad market participation. 4. Sector is Security Guards and Patrol Services, a critical government function.

Value Assessment

Rating: good

The contract's firm fixed price structure provides cost certainty. Benchmarking against similar PSO contracts would be needed for a definitive value assessment, but the award amount appears reasonable for the scope and duration.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and ensures the government receives best value.

Taxpayer Impact: The use of full and open competition aims to secure competitive pricing, maximizing taxpayer value for essential security services.

Public Impact

Ensures continuous security operations at Department of Homeland Security facilities. Supports federal agency presence and safety in a major metropolitan area. Provides employment opportunities within the security services sector.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The security services sector is highly competitive, with numerous established providers. Government contracts for PSO services are common and essential for maintaining secure federal facilities across the nation.

Small Business Impact

The data indicates the awardee, Paragon Systems Inc., is not a small business. Further analysis would be needed to determine if small business subcontracting opportunities were included or met.

Oversight & Accountability

The contract falls under the Office of Procurement Operations within DHS, suggesting established procurement processes. Oversight would focus on performance monitoring and adherence to contract terms.

Related Government Programs

Risk Flags

Tags

security-guards-and-patrol-services, department-of-homeland-security, ny, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Homeland Security awarded $32.6 million to PARAGON SYSTEMS INC. PROTECTIVE SECURITY OFFICER (PSO) SERVICES - MANHATTAN, NY

Who is the contractor on this award?

The obligated recipient is PARAGON SYSTEMS INC.

Which agency awarded this contract?

Awarding agency: Department of Homeland Security (Office of Procurement Operations).

What is the total obligated amount?

The obligated amount is $32.6 million.

What is the period of performance?

Start: 2018-10-01. End: 2024-03-31.

What is the specific scope of services covered by these PSO contracts, and how does it compare to industry standards for similar facilities?

The provided data does not detail the specific scope of services. A comprehensive analysis would require reviewing the contract's Statement of Work (SOW) to understand the exact duties, post orders, and required qualifications for the Protective Security Officers. Comparing this to industry benchmarks for similar government or private sector facilities would reveal if the services are standard, enhanced, or reduced in scope.

Are there any identified risks related to vendor performance or security breaches associated with Paragon Systems Inc. on this or similar contracts?

The provided data does not contain information on past performance issues or security incidents related to Paragon Systems Inc. A thorough risk assessment would involve reviewing past performance evaluations (e.g., CPARS), any documented disputes or claims, and the vendor's overall security posture and compliance history.

How effectively does the firm fixed price contract structure mitigate cost overruns given the extended duration and potential for evolving security needs?

The firm fixed price (FFP) structure is designed to shift cost risk to the contractor, providing budget certainty for the government. However, for extended contracts like this (over 5 years), evolving security needs or unforeseen circumstances could lead to change orders or requests for equitable adjustments, potentially increasing costs if not managed strictly.

Industry Classification

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

Product/Service Code: UTILITIES AND HOUSEKEEPINGHOUSEKEEPING SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Securitas AB

Address: 13900 LINCOLN PARK DR STE 300, HERNDON, VA, 20171

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Foreign Owned, Foreign-Owned and U.S.-Incorporated Business, Not Designated a Small Business, Special Designations

Financial Breakdown

Contract Ceiling: $32,574,221

Exercised Options: $32,574,221

Current Obligation: $32,574,221

Actual Outlays: $31,805,112

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 70RFP118DE2000001

IDV Type: IDC

Timeline

Start Date: 2018-10-01

Current End Date: 2024-03-31

Potential End Date: 2024-03-31 00:00:00

Last Modified: 2023-09-28

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