DOJ Awards $70.7M for Investigation Services to Professional Risk Management, Inc

Contract Overview

Contract Amount: $70,744,214 ($70.7M)

Contractor: Professional Risk Management, Inc.

Awarding Agency: Department of Justice

Start Date: 2017-01-11

End Date: 2023-06-30

Contract Duration: 2,361 days

Daily Burn Rate: $30.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 6

Pricing Type: TIME AND MATERIALS

Sector: Other

Official Description: IGF::CL::IGF THIS IS A REQUEST FOR CONTRACT SERVICES FOR 21 FIELD OFFICES, SOD AND HEADQUARTERS (SEE THE ATTACHED BUSINESS PROPOSAL) PERIOD OF PERFORMANCE : 4/1/2017 - 9/30/2017

Place of Performance

Location: ARLINGTON, ARLINGTON County, VIRGINIA, 22202

State: Virginia Government Spending

Plain-Language Summary

Department of Justice obligated $70.7 million to PROFESSIONAL RISK MANAGEMENT, INC. for work described as: IGF::CL::IGF THIS IS A REQUEST FOR CONTRACT SERVICES FOR 21 FIELD OFFICES, SOD AND HEADQUARTERS (SEE THE ATTACHED BUSINESS PROPOSAL) PERIOD OF PERFORMANCE : 4/1/2017 - 9/30/2017 Key points: 1. Contract awarded for essential investigation and background check services across 21 field offices and headquarters. 2. Professional Risk Management, Inc. secured the contract, indicating a competitive selection process. 3. The contract duration is significant, spanning over 5 years, suggesting a long-term need. 4. Services are categorized under Investigation and Personal Background Check Services (NAICS 561611).

Value Assessment

Rating: fair

The contract value of $70.7M over approximately 5 years suggests a substantial investment. Benchmarking against similar large-scale investigation contracts would be necessary to fully assess pricing efficiency.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which typically fosters competitive pricing and ensures the best value is obtained. The specific number of bids received would further clarify the price discovery effectiveness.

Taxpayer Impact: The competitive award process aims to ensure taxpayer funds are used efficiently for critical investigative services.

Public Impact

Ensures continued operational capacity for the Drug Enforcement Administration's investigative functions. Supports national security and law enforcement efforts through thorough background checks. Provides essential services to multiple field offices, enhancing agency-wide effectiveness. The long-term nature of the contract offers stability for service provision.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the professional, scientific, and technical services sector, specifically focusing on investigative services. Spending in this area is often driven by national security, law enforcement, and regulatory compliance needs.

Small Business Impact

The provided data indicates that small businesses were not awarded this contract (ss: false, sb: false). Further analysis would be needed to determine if small businesses had opportunities to participate as subcontractors.

Oversight & Accountability

The award process under full and open competition suggests a degree of oversight. However, ongoing monitoring of performance and costs throughout the contract's multi-year term is crucial for accountability.

Related Government Programs

Risk Flags

Tags

investigation-and-personal-background-ch, department-of-justice, va, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Justice awarded $70.7 million to PROFESSIONAL RISK MANAGEMENT, INC.. IGF::CL::IGF THIS IS A REQUEST FOR CONTRACT SERVICES FOR 21 FIELD OFFICES, SOD AND HEADQUARTERS (SEE THE ATTACHED BUSINESS PROPOSAL) PERIOD OF PERFORMANCE : 4/1/2017 - 9/30/2017

Who is the contractor on this award?

The obligated recipient is PROFESSIONAL RISK MANAGEMENT, INC..

Which agency awarded this contract?

Awarding agency: Department of Justice (Drug Enforcement Administration).

What is the total obligated amount?

The obligated amount is $70.7 million.

What is the period of performance?

Start: 2017-01-11. End: 2023-06-30.

What is the specific breakdown of services and associated costs within the $70.7M contract?

The provided data indicates the contract is for 'Investigation and Personal Background Check Services' across 21 field offices, SOD, and headquarters. A detailed breakdown of specific services, deliverables, and their allocated costs would be necessary to fully assess the value proposition and ensure alignment with agency needs.

What were the key performance indicators (KPIs) used during the evaluation of bids for this contract?

The provided data does not specify the Key Performance Indicators (KPIs) used in the bid evaluation. Understanding these metrics is crucial for assessing the effectiveness of the competition and ensuring the selected vendor can meet the DEA's stringent requirements for investigation and background check services.

How does the per-unit cost of background checks or investigations compare to industry benchmarks for similar government contracts?

Without specific per-unit cost data or a detailed service breakdown, a direct comparison to industry benchmarks is not possible. The contract's 'Time and Materials' pricing structure necessitates careful monitoring to ensure costs remain competitive and do not exceed expected levels over the contract's duration.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation ServicesInvestigation and Security ServicesInvestigation and Personal Background Check Services

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 6

Pricing Type: TIME AND MATERIALS (Y)

Evaluated Preference: NONE

Contractor Details

Address: 47564 COMPTON CIR, STERLING, VA, 20165

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $100,830,865

Exercised Options: $97,406,473

Current Obligation: $70,744,214

Actual Outlays: $22,541,644

Contract Characteristics

Commercial Item: PRODUCTS OR SERVICES PURSUANT TO FAR 12.102(F)

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: DJJ16PSSV2668

IDV Type: IDC

Timeline

Start Date: 2017-01-11

Current End Date: 2023-06-30

Potential End Date: 2023-06-30 00:00:00

Last Modified: 2023-04-17

More Contracts from Professional Risk Management, Inc.

View all Professional Risk Management, Inc. federal contracts →

Other Department of Justice Contracts

View all Department of Justice contracts →

Explore Related Government Spending