SEC Awards $18.1M Security Guard Contract to GW Consulting USA, Inc
Contract Overview
Contract Amount: $18,121,826 ($18.1M)
Contractor: GW Consulting USA, Inc.
Awarding Agency: Securities and Exchange Commission
Start Date: 2005-09-30
End Date: 2008-09-30
Contract Duration: 1,096 days
Daily Burn Rate: $16.5K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: SECURITY GUARD SERVICES FOR THE SEC AT THE HEADQUARTERS AND THE OPERATIONS CENTER
Place of Performance
Location: OAKTON, FAIRFAX County, VIRGINIA, 22124
State: Virginia Government Spending
Plain-Language Summary
Securities and Exchange Commission obligated $18.1 million to GW CONSULTING USA, INC. for work described as: SECURITY GUARD SERVICES FOR THE SEC AT THE HEADQUARTERS AND THE OPERATIONS CENTER Key points: 1. Contract awarded for essential security guard services at SEC headquarters. 2. GW Consulting USA, Inc. secured the contract. 3. The contract duration is 3 years. 4. The North American Industry Classification System (NAICS) code is 561612. 5. The award was made under full and open competition after exclusion of sources.
Value Assessment
Rating: good
The contract value of $18.1 million over three years suggests a competitive pricing structure. Benchmarking against similar federal security guard contracts would provide a clearer picture of value for money.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded through full and open competition after exclusion of sources, indicating a robust process to solicit bids. This method generally promotes price discovery and competitive pricing.
Taxpayer Impact: Taxpayer funds are being used for essential security services, with the competitive award process aiming to ensure efficient use of these funds.
Public Impact
Ensures the physical security of critical SEC facilities and personnel. Supports the operational integrity of the Securities and Exchange Commission. Provides employment opportunities within the security services sector.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Positive Signals
- Full and open competition utilized.
- Essential government function supported.
Sector Analysis
This contract falls within the Security Guards and Patrol Services sector. Federal spending in this sector is driven by the need for physical security across various government agencies and facilities.
Small Business Impact
The data indicates that the awarded contractor, GW Consulting USA, Inc., is not a small business. Further analysis would be needed to determine if small business participation was sought or achieved.
Oversight & Accountability
The Securities and Exchange Commission is responsible for overseeing this contract to ensure service delivery meets requirements. Standard procurement regulations and oversight mechanisms apply.
Related Government Programs
- Security Guards and Patrol Services
- Securities and Exchange Commission Contracting
- Securities and Exchange Commission Programs
Risk Flags
- Contract duration of 3 years.
- Awarded under 'full and open competition after exclusion of sources'.
Tags
security-guards-and-patrol-services, securities-and-exchange-commission, va, dca, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Securities and Exchange Commission awarded $18.1 million to GW CONSULTING USA, INC.. SECURITY GUARD SERVICES FOR THE SEC AT THE HEADQUARTERS AND THE OPERATIONS CENTER
Who is the contractor on this award?
The obligated recipient is GW CONSULTING USA, INC..
Which agency awarded this contract?
Awarding agency: Securities and Exchange Commission (Securities and Exchange Commission).
What is the total obligated amount?
The obligated amount is $18.1 million.
What is the period of performance?
Start: 2005-09-30. End: 2008-09-30.
What was the basis for excluding other sources during the 'full and open competition after exclusion of sources' process?
The phrase 'full and open competition after exclusion of sources' typically implies that while the competition was open, certain sources were initially excluded based on specific criteria, possibly related to past performance, technical capabilities, or other pre-defined requirements. The exact reasons for exclusion would need to be detailed in the contract's justification documents.
How does the per-unit cost of security personnel compare to industry benchmarks for similar federal contracts?
Without specific details on the number of personnel, hours, and specific services provided, a precise per-unit cost benchmark is difficult to establish. However, the total contract value of $18.1 million over three years for security guards at SEC headquarters suggests an average annual cost of approximately $6 million. Comparing this to industry data for similar government contracts would be necessary for a thorough assessment.
What are the key performance indicators (KPIs) used to measure the effectiveness of the security guard services provided by GW Consulting USA, Inc.?
Effectiveness is typically measured through KPIs such as response times to incidents, adherence to post orders, successful prevention of unauthorized access, and overall security posture assessments. The contract likely includes specific performance standards and reporting requirements that the SEC monitors to ensure the contractor meets its obligations.
Industry Classification
NAICS: Administrative and Support and Waste Management and Remediation Services › Investigation and Security Services › Security Guards and Patrol Services
Product/Service Code: UTILITIES AND HOUSEKEEPING › HOUSEKEEPING SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: Advanced Tech Security (UEI: 957196298)
Address: 10467 WHITE GRANITE DR # 210, OAKTON, VA, 11
Business Categories: Category Business, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $27,348,145
Exercised Options: $27,348,145
Current Obligation: $18,121,826
Timeline
Start Date: 2005-09-30
Current End Date: 2008-09-30
Potential End Date: 2008-09-30 00:00:00
Last Modified: 2011-01-20
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