DoD Awards $58.9M for Navy Security Systems Sustainment to Serco Inc

Contract Overview

Contract Amount: $58,863,854 ($58.9M)

Contractor: Serco Inc

Awarding Agency: Department of Defense

Start Date: 2021-02-19

End Date: 2022-05-01

Contract Duration: 436 days

Daily Burn Rate: $135.0K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: BASE YEAR - LIFE CYCLE SUSTAINMENT

Place of Performance

Location: HERNDON, FAIRFAX County, VIRGINIA, 20170

State: Virginia Government Spending

Plain-Language Summary

Department of Defense obligated $58.9 million to SERCO INC for work described as: BASE YEAR - LIFE CYCLE SUSTAINMENT Key points: 1. Contract value of $58.9M for sustainment services. 2. Awarded under full and open competition. 3. Potential for cost savings identified through benchmarking. 4. Sector: IT/Security Systems.

Value Assessment

Rating: good

The contract's firm fixed price structure suggests predictable costs. Benchmarking against similar security system sustainment contracts is recommended to ensure optimal value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Full and open competition was utilized, allowing multiple vendors to bid. This method generally promotes competitive pricing and ensures the government receives the best value.

Taxpayer Impact: Competitive bidding likely resulted in a fair market price, maximizing taxpayer value for essential security system sustainment.

Public Impact

Ensures continued operation of critical security systems for the Navy. Supports national security by maintaining robust defense infrastructure. Potential for job creation within the security services sector.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the IT and Security Systems Services sector, which is crucial for government operations. Spending benchmarks for similar sustainment contracts can vary widely based on system complexity and duration.

Small Business Impact

The data indicates this contract was not awarded to a small business. Further analysis would be needed to determine if small business participation was sought or achieved through subcontracting.

Oversight & Accountability

Oversight would typically involve contract performance monitoring by the Department of the Navy to ensure Serco Inc. meets all contractual obligations and service level agreements.

Related Government Programs

Risk Flags

Tags

security-systems-services-except-locksmi, department-of-defense, va, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $58.9 million to SERCO INC. BASE YEAR - LIFE CYCLE SUSTAINMENT

Who is the contractor on this award?

The obligated recipient is SERCO INC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Navy).

What is the total obligated amount?

The obligated amount is $58.9 million.

What is the period of performance?

Start: 2021-02-19. End: 2022-05-01.

What is the projected cost savings or efficiency gains anticipated from this sustainment contract compared to previous arrangements or market alternatives?

The provided data does not explicitly detail projected cost savings or efficiency gains. However, the firm fixed price structure and full and open competition suggest an intent to achieve value. Further analysis of the contract's performance metrics and comparison with industry benchmarks would be necessary to quantify any realized savings or improvements over the contract's lifecycle.

What are the key performance indicators (KPIs) for this sustainment contract, and how will Serco Inc.'s performance against these KPIs be measured and reported?

Key performance indicators are not detailed in the provided data. Typically, sustainment contracts for security systems would include metrics related to system uptime, response times for maintenance, incident resolution rates, and adherence to security protocols. The Department of the Navy would be responsible for establishing and monitoring these KPIs to ensure contract compliance and system effectiveness.

Are there any identified risks associated with Serco Inc.'s ability to provide continuous and effective sustainment services for the Navy's security systems throughout the contract duration?

While the data doesn't highlight specific risks with Serco Inc., general risks in sustainment contracts include vendor financial stability, potential for key personnel departure, and unforeseen technical challenges. The firm fixed price nature could also pose a risk if unexpected issues arise that significantly increase costs beyond the agreed-upon price, potentially impacting service quality 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

Solicitation ID: N3943020R2245

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Serco Group PLC

Address: 12930 WORLDGATE DR STE 600, HERNDON, VA, 20170

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

Financial Breakdown

Contract Ceiling: $58,863,854

Exercised Options: $58,863,854

Current Obligation: $58,863,854

Actual Outlays: $31,803,433

Subaward Activity

Number of Subawards: 53

Total Subaward Amount: $27,386,480

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N3943021D2230

IDV Type: IDC

Timeline

Start Date: 2021-02-19

Current End Date: 2022-05-01

Potential End Date: 2026-08-18 00:00:00

Last Modified: 2022-09-14

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