Treasury's $116M Armed Escort Contract Awarded to Eagle Protection Agency LLC
Contract Overview
Contract Amount: $116,455 ($116.5K)
Contractor: Eagle Protection Agency LLC
Awarding Agency: Department of the Treasury
Start Date: 2024-11-01
End Date: 2026-04-30
Contract Duration: 545 days
Daily Burn Rate: $214/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 4
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: HYATTSVILLE ARMED ESCORT SERVICES
Place of Performance
Location: HYATTSVILLE, PRINCE GEORGES County, MARYLAND, 20781
State: Maryland Government Spending
Plain-Language Summary
Department of the Treasury obligated $116,455 to EAGLE PROTECTION AGENCY LLC for work described as: HYATTSVILLE ARMED ESCORT SERVICES Key points: 1. Contract value: $116,455 for armed escort services. 2. Competition: Full and open competition was utilized. 3. Risk: Potential risks include service disruption or quality issues. 4. Sector: Security Guards and Patrol Services (NAICS 561612).
Value Assessment
Rating: fair
The contract value is relatively low for armed escort services, suggesting a limited scope or duration. Benchmarking against similar contracts is difficult without more detailed service descriptions.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, allowing multiple vendors to bid. This method generally promotes competitive pricing and ensures the government receives fair market value.
Taxpayer Impact: Taxpayer funds are being used for essential security services, with competition aiming to ensure cost-effectiveness.
Public Impact
Ensures the safe transport of sensitive government assets or personnel. Supports federal law enforcement and operational continuity. Provides employment opportunities within the private security sector.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of detailed service scope
- Potential for service gaps if vendor fails
- Limited historical data for benchmarking
Positive Signals
- Awarded via full and open competition
- Fixed-price contract limits cost overruns
- Clear contract end date
Sector Analysis
The security services sector is competitive, with numerous providers offering specialized services like armed escorts. Benchmarks vary widely based on service complexity, geographic location, and required personnel.
Small Business Impact
The contract was awarded to Eagle Protection Agency LLC, a private company. There is no indication that small businesses were specifically targeted or subcontracted for this award.
Oversight & Accountability
The Department of the Treasury's Bureau of the Fiscal Service is responsible for this contract. Oversight would involve monitoring service delivery and adherence to contract terms.
Related Government Programs
- Security Guards and Patrol Services
- Department of the Treasury Contracting
- Bureau of the Fiscal Service Programs
Risk Flags
- Service scope ambiguity
- Potential for vendor performance issues
- Limited data for robust cost analysis
- Dependence on a single vendor for critical service
Tags
security-guards-and-patrol-services, department-of-the-treasury, md, delivery-order, 100k-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $116,455 to EAGLE PROTECTION AGENCY LLC. HYATTSVILLE ARMED ESCORT SERVICES
Who is the contractor on this award?
The obligated recipient is EAGLE PROTECTION AGENCY LLC.
Which agency awarded this contract?
Awarding agency: Department of the Treasury (Bureau of the Fiscal Service).
What is the total obligated amount?
The obligated amount is $116,455.
What is the period of performance?
Start: 2024-11-01. End: 2026-04-30.
What is the specific geographic area and frequency of the armed escort services required under this contract?
The provided data does not specify the exact geographic coverage or the frequency of the armed escort services. This information is crucial for understanding the full scope of the contract and accurately assessing its value and potential risks. Without these details, it's challenging to determine if the $116,455 award is adequate for the intended purpose.
What are the specific security protocols and personnel qualifications mandated for the armed escort services?
The contract details do not outline the specific security protocols or the required qualifications for the armed escort personnel. This is a critical aspect for evaluating the effectiveness and safety of the services. Understanding these requirements is essential for assessing the risk of service failure or security breaches.
How does the pricing of this contract compare to industry standards for similar armed escort services in Maryland?
Benchmarking this contract's price against industry standards is difficult without more granular data on the service scope, duration, and specific requirements. While the contract was competitively bid, the relatively low total value might indicate a limited service requirement or a highly competitive bid. Further analysis would require comparing it to contracts with similar operational parameters.
Industry Classification
NAICS: Administrative and Support and Waste Management and Remediation Services › Investigation and Security Services › Security Guards and Patrol Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › PROFESSIONAL SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: 2033H625Q00007
Offers Received: 4
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 8730 GEORGIA AVE, SILVER SPRING, MD, 20910
Business Categories: Black American Owned Business, Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $116,455
Exercised Options: $116,455
Current Obligation: $116,455
Actual Outlays: $94,301
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: 47QSMS24D0021
IDV Type: FSS
Timeline
Start Date: 2024-11-01
Current End Date: 2026-04-30
Potential End Date: 2026-04-30 00:00:00
Last Modified: 2026-04-10
Other Department of the Treasury Contracts
- Advertising Services — $636.5M (True North Communications Inc)
- Cade 2 Ltis3 Covid-19 — $383.8M (Deloitte Consulting LLP)
- Establish a Broad Networking and Telecommunications Service Environment to Meet ITS Network Services (wide Area and Local Area Network), Voice Telecommunications Services, Audio/Video/Web Conferencing, and Cyber Requirements — $320.2M (AT&T Enterprises, LLC)
- THE Internal Revenue Service (IRS), Office of Information Technology Office, Issues This Order Under GSA Alliant 2 (unrestricted). Enterprise Case Management (ECM) Solution Integration Services — $305.5M (Booz Allen Hamilton Inc)
- THE Tfcceis Task Order IS to Transition the Existing Tfcc Services From the Networx Contract Onto the EIS Contract Vehicle in a Manner That Will Enable Continuity of an Enterprise Network of Toll Free Services for the IRS — $264.6M (Verizon Business Network Services LLC)