FAA Awards $10.2M for Security Systems Services to Versar Security Systems, LLC

Contract Overview

Contract Amount: $10,210,160 ($10.2M)

Contractor: Versar Security Systems, LLC

Awarding Agency: Department of Transportation

Start Date: 2005-09-16

End Date: 2011-10-17

Contract Duration: 2,222 days

Daily Burn Rate: $4.6K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: COMPETITIVE RFP, CORRECTIVE MAINTENANCE, SOLICITATION #DTFAWA-05-R-CM0001

Place of Performance

Location: GAITHERSBURG, MONTGOMERY County, MARYLAND, 20878

State: Maryland Government Spending

Plain-Language Summary

Department of Transportation obligated $10.2 million to VERSAR SECURITY SYSTEMS, LLC for work described as: COMPETITIVE RFP, CORRECTIVE MAINTENANCE, SOLICITATION #DTFAWA-05-R-CM0001 Key points: 1. Contract awarded to Versar Security Systems, LLC for security systems services. 2. The contract was awarded under a competitive RFP with full and open competition. 3. The contract duration is 2222 days, ending in October 2011. 4. The NAICS code 561621 indicates services related to security systems, excluding locksmiths.

Value Assessment

Rating: fair

The award amount of $10.2M for a nearly 6-year contract appears reasonable given the scope of security systems services. Benchmarking against similar contracts for large-scale security system maintenance and upgrades would provide a clearer picture of value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through a competitive RFP with full and open competition, suggesting a robust price discovery process. The presence of 3 bids indicates a degree of market interest and competition.

Taxpayer Impact: The competitive nature of the award is positive for taxpayers, as it likely resulted in a more favorable price than a sole-source or limited competition contract.

Public Impact

Ensures continued operation and security of critical FAA facilities. Supports the maintenance and upkeep of essential security infrastructure. Provides employment opportunities within the security services sector.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The security systems services sector is crucial for government infrastructure. Spending benchmarks for this sector can vary widely based on the scale and complexity of the systems required, but this award falls within a significant range for comprehensive security solutions.

Small Business Impact

The data indicates this contract was awarded to Versar Security Systems, LLC, and does not specify if it was set aside for small businesses. Further investigation would be needed to determine the extent of small business participation.

Oversight & Accountability

The contract was awarded via competitive RFP, suggesting a structured procurement process. Oversight would involve monitoring Versar's performance against contract requirements and ensuring adherence to security standards.

Related Government Programs

Risk Flags

Tags

security-systems-services-except-locksmi, department-of-transportation, md, dca, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Transportation awarded $10.2 million to VERSAR SECURITY SYSTEMS, LLC. COMPETITIVE RFP, CORRECTIVE MAINTENANCE, SOLICITATION #DTFAWA-05-R-CM0001

Who is the contractor on this award?

The obligated recipient is VERSAR SECURITY SYSTEMS, LLC.

Which agency awarded this contract?

Awarding agency: Department of Transportation (Federal Aviation Administration).

What is the total obligated amount?

The obligated amount is $10.2 million.

What is the period of performance?

Start: 2005-09-16. End: 2011-10-17.

What specific security systems and services are covered under this contract, and how do they align with the FAA's operational needs?

The contract covers 'Security Systems Services (except Locksmiths)' under NAICS code 561621. This likely includes installation, maintenance, repair, and monitoring of various security systems such as access control, surveillance cameras, alarm systems, and potentially perimeter security. The alignment with FAA needs would depend on the specific facilities and security requirements of the agency at the time of the award.

What were the key evaluation criteria used in selecting Versar Security Systems, LLC, and how did their proposal demonstrate superior value or risk mitigation?

While the data specifies a competitive RFP, it does not detail the evaluation criteria. Typically, such criteria would include technical approach, past performance, management capability, and price. Versar's selection would imply their proposal best met these criteria, offering a balance of technical competence, reliability, and cost-effectiveness compared to the other two bidders.

How effectively did the firm fixed price contract type manage costs over the 2222-day duration, considering potential changes in technology or security threats?

A firm fixed price contract aims to provide cost certainty by locking in the price. However, over a long duration like 2222 days, it can pose a risk if unforeseen technological advancements or evolving security threats necessitate significant system upgrades or changes not anticipated in the original scope. The contractor bears the risk of cost overruns, but the government might miss out on opportunities for more advanced solutions if not managed proactively.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation ServicesInvestigation and Security ServicesSecurity Systems Services (except Locksmiths)

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENTMAINT, REPAIR, REBUILD OF EQUIPMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Cerberus Capital Management, L.P. (UEI: 014784388)

Address: 910 CLOPPER RD STE 250, GAITHERSBURG, MD, 90

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

Financial Breakdown

Contract Ceiling: $1,210,000,000

Exercised Options: $12,083,556

Current Obligation: $10,210,160

Timeline

Start Date: 2005-09-16

Current End Date: 2011-10-17

Potential End Date: 2011-10-17 00:00:00

Last Modified: 2012-12-11

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