DOE's $27.7M Protective Force Services Contract Awarded to Golden Svcs, LLC Under Full and Open Competition

Contract Overview

Contract Amount: $27,661,600 ($27.7M)

Contractor: Golden Svcs, LLC

Awarding Agency: Department of Energy

Start Date: 2015-06-08

End Date: 2022-05-17

Contract Duration: 2,535 days

Daily Burn Rate: $10.9K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Pricing Type: COST NO FEE

Sector: Other

Official Description: IGF::OT::IGF COST REIMBURSABLE - PROTECTIVE FORCE SERVICES

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20585

State: District of Columbia Government Spending

Plain-Language Summary

Department of Energy obligated $27.7 million to GOLDEN SVCS, LLC for work described as: IGF::OT::IGF COST REIMBURSABLE - PROTECTIVE FORCE SERVICES Key points: 1. The contract value is $27.7 million over its period of performance. 2. Golden Svcs, LLC was awarded the contract. 3. The contract was awarded under full and open competition after exclusion of sources. 4. The sector is Security Guards and Patrol Services (NAICS 561612).

Value Assessment

Rating: fair

The contract type is Cost No Fee, which can sometimes lead to less price certainty. Without specific performance metrics or a comparison to similar contracts, assessing the value for money is challenging.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition after exclusion of sources, indicating a competitive bidding process. This method generally promotes price discovery and potentially better pricing.

Taxpayer Impact: The competitive nature of the award suggests that taxpayers likely received a fair price, though the cost-reimbursable structure warrants ongoing monitoring.

Public Impact

Ensures security services for Department of Energy facilities. Supports national security by protecting critical infrastructure. Provides employment opportunities within the security services sector.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The contract falls under the Security Guards and Patrol Services sector, which is crucial for protecting government facilities and sensitive information. Spending in this sector can vary based on security needs and facility types.

Small Business Impact

The data indicates the awardee is not a small business (sb: false). There is no information provided on subcontracting opportunities for small businesses on this contract.

Oversight & Accountability

The contract was awarded by the Department of Energy. Further oversight details regarding performance monitoring and financial reviews are not provided in this data.

Related Government Programs

Risk Flags

Tags

security-guards-and-patrol-services, department-of-energy, dc, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Energy awarded $27.7 million to GOLDEN SVCS, LLC. IGF::OT::IGF COST REIMBURSABLE - PROTECTIVE FORCE SERVICES

Who is the contractor on this award?

The obligated recipient is GOLDEN SVCS, LLC.

Which agency awarded this contract?

Awarding agency: Department of Energy (Department of Energy).

What is the total obligated amount?

The obligated amount is $27.7 million.

What is the period of performance?

Start: 2015-06-08. End: 2022-05-17.

What is the specific scope of protective force services covered by this contract, and how does it align with the Department of Energy's security requirements?

The provided data identifies the contract as 'PROTECTIVE FORCE SERVICES' under NAICS code 561612 (Security Guards and Patrol Services). While the specific services are not detailed, it implies guarding, patrolling, and potentially access control at DOE facilities. The alignment with DOE's security requirements would necessitate a review of the contract's statement of work and performance standards.

Given the Cost No Fee structure, what mechanisms are in place to ensure cost efficiency and prevent potential overruns for these protective services?

A Cost No Fee (CNF) contract structure means the contractor is reimbursed for allowable costs but does not receive a profit. While this can incentivize cost control, robust government oversight, detailed cost reporting, and clear performance metrics are essential to prevent overruns and ensure value. The absence of profit might also impact contractor motivation for efficiency beyond basic service delivery.

How does the pricing of this contract benchmark against similar protective force service contracts awarded by other federal agencies or within the private sector?

Benchmarking this contract's pricing requires access to detailed cost breakdowns and comparison data from similar contracts. Factors like geographic location, specific security requirements (e.g., armed vs. unarmed guards, specialized equipment), and contract duration significantly influence pricing. Without this comparative data, a definitive assessment of its pricing effectiveness against benchmarks is not possible from the provided information.

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: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Pricing Type: COST NO FEE (S)

Evaluated Preference: NONE

Contractor Details

Address: 414 OLD HOLDERFORD ROAD, KINGSTON, TN, 37763

Business Categories: Category Business, DoT Certified Disadvantaged Business Enterprise, Limited Liability Corporation, Service Disabled Veteran Owned Business, Small Business, Sole Proprietorship, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $39,030,252

Exercised Options: $39,030,252

Current Obligation: $27,661,600

Actual Outlays: $7,322,749

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: DEAU0000014

IDV Type: IDC

Timeline

Start Date: 2015-06-08

Current End Date: 2022-05-17

Potential End Date: 2022-05-17 00:00:00

Last Modified: 2023-02-15

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