DHS Awards $25.5M Protective Service Contract to Triple Canopy Inc. for Philadelphia Metro Area

Contract Overview

Contract Amount: $25,479,527 ($25.5M)

Contractor: Triple Canopy Inc

Awarding Agency: Department of Homeland Security

Start Date: 2023-10-01

End Date: 2024-09-30

Contract Duration: 365 days

Daily Burn Rate: $69.8K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: METRO PHILADELPHIA PROTECTIVE SERVICE OFFICER (PSO) SERVICES

Place of Performance

Location: PHILADELPHIA, PHILADELPHIA County, PENNSYLVANIA, 19106

State: Pennsylvania Government Spending

Plain-Language Summary

Department of Homeland Security obligated $25.5 million to TRIPLE CANOPY INC for work described as: METRO PHILADELPHIA PROTECTIVE SERVICE OFFICER (PSO) SERVICES Key points: 1. Contract value of $25.5M for one year of protective services. 2. Triple Canopy Inc. is the sole awardee, raising questions about competition. 3. Risk of overpayment exists due to limited competition and fixed-price structure. 4. Spending falls within the Security Guards and Patrol Services sector.

Value Assessment

Rating: fair

The contract value of $25.5M for one year of PSO services appears high compared to industry benchmarks. Without detailed service scope, a direct per-unit cost comparison is difficult, but the overall value warrants scrutiny.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. However, the award to a single entity, Triple Canopy Inc., may indicate limited actual bidders or a specific niche capability.

Taxpayer Impact: The $25.5M expenditure represents taxpayer funds for essential protective services in a major metropolitan area. The effectiveness of the competition process will determine if taxpayers received the best value.

Public Impact

Ensures security for federal facilities and personnel in the Philadelphia region. Supports critical government operations through reliable protective services. Potential for job creation within the security services industry.

Waste & Efficiency Indicators

Waste Risk Score: 65 / 10

Warning Flags

Positive Signals

Sector Analysis

The Security Guards and Patrol Services sector is competitive, with numerous providers. Spending benchmarks vary widely based on service complexity, location, and contract duration. This $25.5M award for a single year suggests a significant scope of operations.

Small Business Impact

The contract was not set aside for small businesses, and the awardee, Triple Canopy Inc., is a large corporation. There is no indication of subcontracting opportunities for small businesses in the provided data.

Oversight & Accountability

The Department of Homeland Security, through its Office of Procurement Operations, managed this award. Standard oversight mechanisms for federal contracts should apply, including performance monitoring and financial audits.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Homeland Security awarded $25.5 million to TRIPLE CANOPY INC. METRO PHILADELPHIA PROTECTIVE SERVICE OFFICER (PSO) SERVICES

Who is the contractor on this award?

The obligated recipient is TRIPLE CANOPY 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 $25.5 million.

What is the period of performance?

Start: 2023-10-01. End: 2024-09-30.

What was the competitive landscape during the bidding process, and did 'full and open' truly yield sufficient offers?

While the contract was advertised as 'full and open,' the award to a single entity, Triple Canopy Inc., raises questions about the number and quality of bids received. Further investigation into the bidding process and the specific requirements of the solicitation is needed to understand if genuine competition was achieved or if the requirements favored a specific provider, potentially impacting price discovery.

How does the $25.5M annual cost compare to similar protective service contracts in other major metropolitan areas?

Benchmarking this $25.5M contract against similar protective service contracts in other major metropolitan areas is crucial for assessing value. Factors like the number of personnel, hours of service, specific security protocols, and threat levels must be considered. Without this comparative analysis, it's difficult to definitively state if the price is competitive or inflated, posing a risk to taxpayer funds.

What performance metrics are in place to ensure the effectiveness and efficiency of Triple Canopy Inc.'s services?

The effectiveness of the protective services hinges on robust performance metrics and diligent oversight. The Department of Homeland Security must have clear Key Performance Indicators (KPIs) to evaluate Triple Canopy Inc.'s adherence to service level agreements, response times, and overall security posture. Regular performance reviews and feedback mechanisms are essential to ensure accountability and the efficient use of taxpayer money.

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

Address: 13530 DULLES TECHNOLOGY DR STE 500, HERNDON, VA, 20171

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

Financial Breakdown

Contract Ceiling: $25,479,527

Exercised Options: $25,479,527

Current Obligation: $25,479,527

Actual Outlays: $25,283,563

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: 70RFP322DE3000001

IDV Type: IDC

Timeline

Start Date: 2023-10-01

Current End Date: 2024-09-30

Potential End Date: 2024-09-30 00:00:00

Last Modified: 2024-08-13

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