IRS Spends $21.3M on Personnel Security Services with Parker Tide LLC
Contract Overview
Contract Amount: $21,313,185 ($21.3M)
Contractor: Parker Tide LLC
Awarding Agency: Department of the Treasury
Start Date: 2023-03-13
End Date: 2024-04-15
Contract Duration: 399 days
Daily Burn Rate: $53.4K/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: IRS PERSONNEL SECURITY SERVICES
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20006
Plain-Language Summary
Department of the Treasury obligated $21.3 million to PARKER TIDE LLC for work described as: IRS PERSONNEL SECURITY SERVICES Key points: 1. Contract awarded to Parker Tide LLC for $21.3M. 2. Services fall under Human Resources Consulting. 3. Competition was full and open after exclusion of sources. 4. Spending benchmark for this sector is moderate. 5. No small business participation noted.
Value Assessment
Rating: good
The contract value of $21.3M appears reasonable for a 13-month duration providing specialized HR consulting. Benchmarking against similar government contracts for personnel security services suggests this pricing is within expected ranges.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract utilized full and open competition after excluding sources, indicating a competitive bidding process. This method generally promotes price discovery and ensures fair market value is obtained.
Taxpayer Impact: The competitive nature of the award suggests taxpayers are receiving fair value for the services rendered.
Public Impact
Ensures integrity and security of IRS personnel. Supports critical HR functions within the agency. Impacts employee trust and operational continuity.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of small business participation.
Positive Signals
- Full and open competition utilized.
- Clear service delivery period.
Sector Analysis
This contract falls within the professional services sector, specifically HR consulting. Government spending in this area is substantial, with benchmarks varying based on service complexity and duration.
Small Business Impact
The contract data indicates no small business participation. This is a missed opportunity to support small businesses and could potentially limit the diversity of solutions considered.
Oversight & Accountability
The contract was awarded through a competitive process, suggesting some level of oversight. However, further details on performance monitoring and accountability mechanisms would be beneficial.
Related Government Programs
- Human Resources Consulting Services
- Department of the Treasury Contracting
- Internal Revenue Service Programs
Risk Flags
- No small business participation.
- Potential for vendor lock-in.
- Reliance on a single contractor for critical functions.
Tags
human-resources-consulting-services, department-of-the-treasury, dc, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $21.3 million to PARKER TIDE LLC. IRS PERSONNEL SECURITY SERVICES
Who is the contractor on this award?
The obligated recipient is PARKER TIDE LLC.
Which agency awarded this contract?
Awarding agency: Department of the Treasury (Internal Revenue Service).
What is the total obligated amount?
The obligated amount is $21.3 million.
What is the period of performance?
Start: 2023-03-13. End: 2024-04-15.
What specific security services are included in this contract?
The contract specifies 'Personnel Security Services' under the NAICS code 541612 (Human Resources Consulting Services). While the exact deliverables are not detailed here, these services typically encompass background checks, suitability assessments, security clearances, and ongoing monitoring to ensure personnel meet security requirements for sensitive positions within the IRS.
What are the risks associated with relying on a single primary contractor for these services?
The primary risk is potential over-reliance and vendor lock-in, which could reduce leverage in future negotiations and limit access to innovative solutions from other providers. If the contractor underperforms or faces financial instability, it could disrupt critical IRS security functions, posing a risk to agency operations and data integrity.
How does this contract contribute to the IRS's overall mission effectiveness?
By ensuring the integrity and trustworthiness of its personnel, this contract directly supports the IRS's mission to enforce tax laws and administer the nation's tax system effectively and efficiently. Reliable personnel security is foundational to maintaining public trust and safeguarding sensitive taxpayer information.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Management, Scientific, and Technical Consulting Services › Human Resources Consulting Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › PROFESSIONAL SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 818 CONNECTICUT AVE NW STE 325, WASHINGTON, DC, 20006
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business
Financial Breakdown
Contract Ceiling: $21,313,185
Exercised Options: $21,313,185
Current Obligation: $21,313,185
Actual Outlays: $21,313,185
Subaward Activity
Number of Subawards: 1
Total Subaward Amount: $344,560
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: GS02Q16DCR0100
IDV Type: IDC
Timeline
Start Date: 2023-03-13
Current End Date: 2024-04-15
Potential End Date: 2024-04-15 14:33:59
Last Modified: 2025-04-23
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