State Dept. Awards $272M for Overseas Security Guards via Full and Open Competition

Contract Overview

Contract Amount: $272,431,880 ($272.4M)

Contractor: Triple Canopy Inc

Awarding Agency: Department of State

Start Date: 2018-01-10

End Date: 2023-07-09

Contract Duration: 2,006 days

Daily Burn Rate: $135.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 32

Pricing Type: TIME AND MATERIALS

Sector: Other

Official Description: OVERSEAS CONTRACT

Plain-Language Summary

Department of State obligated $272.4 million to TRIPLE CANOPY INC for work described as: OVERSEAS CONTRACT Key points: 1. Significant contract value of $272.4M for essential security services. 2. Full and open competition indicates a potentially competitive bidding process. 3. Contract duration of 5+ years suggests long-term service needs. 4. Services fall under Security Guards and Patrol Services (NAICS 561612).

Value Assessment

Rating: fair

The contract is a Time and Materials type, which can lead to cost overruns if not managed closely. Benchmarking against similar contracts is difficult without more detailed cost breakdowns.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting multiple bidders participated. This method generally promotes price discovery and competitive pricing.

Taxpayer Impact: Taxpayer funds are being used for essential overseas security, with competition aiming for cost-effectiveness.

Public Impact

Ensures security for U.S. personnel and facilities abroad. Supports diplomatic missions and operations in potentially high-risk environments. Provides employment opportunities within the private security sector.

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 security and investigation services. Spending benchmarks for similar overseas security contracts vary widely based on location and threat level.

Small Business Impact

While awarded under full and open competition, there is no specific indication that small businesses were primary awardees or significantly involved. Further analysis would be needed to determine subcontracting opportunities.

Oversight & Accountability

The Department of State is responsible for oversight. The long duration and T&M nature necessitate robust monitoring to ensure performance and control costs.

Related Government Programs

Risk Flags

Tags

security-guards-and-patrol-services, department-of-state, delivery-order, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of State awarded $272.4 million to TRIPLE CANOPY INC. OVERSEAS CONTRACT

Who is the contractor on this award?

The obligated recipient is TRIPLE CANOPY INC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $272.4 million.

What is the period of performance?

Start: 2018-01-10. End: 2023-07-09.

What is the estimated cost per hour or per guard, and how does it compare to industry standards for similar overseas security services?

The provided data does not detail the per-unit cost (e.g., hourly rate or cost per guard). Without this breakdown, it's impossible to benchmark against industry standards. Time and Materials contracts can obscure true per-unit costs, making direct comparison challenging and requiring careful review of invoices and labor rates.

What are the key performance indicators (KPIs) for this contract, and how is Triple Canopy Inc. being held accountable for meeting them?

The data does not specify the Key Performance Indicators (KPIs) for this contract. Accountability for a Time and Materials contract relies heavily on detailed reporting, regular audits, and vigilant contract management by the Department of State to ensure services meet defined requirements and are delivered efficiently.

Given the $272M value and 5-year duration, what is the projected cost savings or value-added achieved through the full and open competition process?

The full and open competition process likely resulted in a more competitive initial bid price compared to other contracting methods. However, the ultimate value and cost savings are contingent on effective contract management, preventing cost overruns inherent in Time and Materials contracts, and achieving the required security outcomes.

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: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: SAQMMA17R0125

Offers Received: 32

Pricing Type: TIME AND MATERIALS (Y)

Evaluated Preference: NONE

Contractor Details

Address: 12018 SUNRISE VLY DR STE 140, RESTON, VA, 20191

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

Financial Breakdown

Contract Ceiling: $320,216,912

Exercised Options: $280,578,471

Current Obligation: $272,431,880

Actual Outlays: $6,960,752

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: SAQMMA16D0048

IDV Type: IDC

Timeline

Start Date: 2018-01-10

Current End Date: 2023-07-09

Potential End Date: 2023-07-09 00:00:00

Last Modified: 2025-04-03

More Contracts from Triple Canopy Inc

View all Triple Canopy Inc federal contracts →

Other Department of State Contracts

View all Department of State contracts →

Explore Related Government Spending