DoD's $63.6M Security Services Contract with Paragon Systems Inc. Awarded via Full and Open Competition

Contract Overview

Contract Amount: $63,604,842 ($63.6M)

Contractor: Paragon Systems Inc

Awarding Agency: Department of Defense

Start Date: 2013-04-18

End Date: 2020-04-30

Contract Duration: 2,569 days

Daily Burn Rate: $24.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 9

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: IGF::OT::IGF C2F SECURITY SERVICES.

Place of Performance

Location: OFFUTT AFB, SARPY County, NEBRASKA, 68113

State: Nebraska Government Spending

Plain-Language Summary

Department of Defense obligated $63.6 million to PARAGON SYSTEMS INC for work described as: IGF::OT::IGF C2F SECURITY SERVICES. Key points: 1. The contract value of $63.6 million over seven years indicates a significant investment in security services. 2. Paragon Systems Inc. secured this contract through full and open competition, suggesting a competitive bidding process. 3. The firm fixed price contract type helps manage cost certainty for the Department of Defense. 4. The sector is primarily security services, a critical component for government operations.

Value Assessment

Rating: good

The contract's value of $63.6 million over approximately seven years suggests a competitive price point for comprehensive security services. Benchmarking against similar large-scale security contracts would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded using full and open competition, allowing all eligible vendors to bid. This method generally promotes competitive pricing and ensures the government receives the best value.

Taxpayer Impact: The competitive nature of the award is expected to have resulted in a fair price, maximizing taxpayer value for essential security services.

Public Impact

Ensures security for Department of Defense facilities and personnel. Supports jobs within the private security sector. Provides a stable, long-term service for a critical government function.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The security services sector is vital for government operations, encompassing guarding, patrol, and alarm systems. Spending in this sector can fluctuate based on threat levels and agency needs, with large contracts like this representing significant portions of agency security budgets.

Small Business Impact

The data indicates that small businesses were not directly involved in this contract, as the 'sb' field is false. This suggests that the prime contractor, Paragon Systems Inc., is likely a larger entity, and opportunities for small business subcontracting were either not pursued or not required.

Oversight & Accountability

The award through full and open competition suggests a transparent process. However, ongoing oversight would be necessary to ensure service quality, adherence to contract terms, and proper financial management throughout the contract's lifecycle.

Related Government Programs

Risk Flags

Tags

security-guards-and-patrol-services, department-of-defense, ne, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $63.6 million to PARAGON SYSTEMS INC. IGF::OT::IGF C2F SECURITY SERVICES.

Who is the contractor on this award?

The obligated recipient is PARAGON SYSTEMS INC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Air Force).

What is the total obligated amount?

The obligated amount is $63.6 million.

What is the period of performance?

Start: 2013-04-18. End: 2020-04-30.

What specific security services are covered under this contract and how do they align with the Air Force's evolving security needs?

The contract likely covers a broad range of security services including physical security, access control, surveillance, and potentially emergency response. Given the contract's duration (2013-2020), the Air Force would have had mechanisms for contract modifications or task order adjustments to address evolving threats and technological advancements in security.

What was the competitive landscape like for this specific security service niche (NAICS 561612) during the solicitation period?

NAICS 561612, Security Guards and Patrol Services, is a competitive market. The fact that this contract was awarded under 'full and open competition' implies that multiple qualified vendors likely vied for it. The specific number of bidders and their relative strengths would provide deeper insight into the competitive intensity and potential for price undercutting.

How does the contract's firm fixed price structure mitigate risks for the government, and what risks remain for the contractor?

A firm fixed price (FFP) contract shifts most of the cost risk to the contractor. The government pays a set price, protecting against cost overruns. The contractor assumes the risk of performing the work within that price, facing potential losses if costs exceed estimates due to unforeseen circumstances or inefficiencies.

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

Solicitation ID: FA460012R0019

Offers Received: 9

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: SRS Critical Infrastructure Security LLC (UEI: 355790924)

Address: 13655 DULLES TECHNOLOGY DR STE 100, 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: $66,768,065

Exercised Options: $65,471,284

Current Obligation: $63,604,842

Contract Characteristics

Commercial Item: COMMERCIAL ITEM

Cost or Pricing Data: NO

Timeline

Start Date: 2013-04-18

Current End Date: 2020-04-30

Potential End Date: 2020-11-30 00:00:00

Last Modified: 2020-04-22

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