VA Awards $15.2M Armored Car Service Contract to Loomis Armored US LLC for 364 Days
Contract Overview
Contract Amount: $15,231 ($15.2K)
Contractor: Loomis Armored US LLC
Awarding Agency: Department of Veterans Affairs
Start Date: 2026-04-01
End Date: 2027-03-31
Contract Duration: 364 days
Daily Burn Rate: $42/day
Competition Type: COMPETED UNDER SAP
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: ARMORED CAR SERVICE
Place of Performance
Location: CLARKSBURG, HARRISON County, WEST VIRGINIA, 26301
Plain-Language Summary
Department of Veterans Affairs obligated $15,230.88 to LOOMIS ARMORED US LLC for work described as: ARMORED CAR SERVICE Key points: 1. Contract value of $15.23M for armored car services. 2. Awarded to Loomis Armored US LLC. 3. Procured by the Department of Veterans Affairs. 4. Contract duration is 364 days. 5. Classified under NAICS code 561613.
Value Assessment
Rating: good
The contract value of $15.23M for a 364-day term appears reasonable for specialized armored car services, especially considering the need for security and reliability. Benchmarking against similar contracts would provide a more precise assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: limited
The contract was competed under SAP (Simplified Acquisition Procedures), suggesting a limited competition environment. While SAP aims for efficiency, it may not always yield the most competitive pricing compared to full and open competition.
Taxpayer Impact: Taxpayer funds are being utilized for essential security services. The use of SAP implies an effort to streamline procurement, but the ultimate impact on cost-effectiveness depends on the specific bidding process and market conditions.
Public Impact
Ensures secure transportation of sensitive materials for the VA. Supports operational continuity for VA facilities. Provides employment opportunities within the security services sector.
Waste & Efficiency Indicators
Waste Risk Score: 42 / 10
Warning Flags
- Limited competition due to SAP.
- Potential for higher costs under simplified acquisition.
Positive Signals
- Essential service for VA operations.
- Clear contract duration and value.
Sector Analysis
Armored car services fall under the security and transportation sectors. Spending benchmarks for this niche service can vary significantly based on geographic location, security requirements, and volume of transport. The $15.23M for a year-long contract suggests a substantial operational need.
Small Business Impact
The data does not indicate whether small businesses were involved in this procurement. Further analysis would be needed to determine the extent of small business participation.
Oversight & Accountability
The contract is a Purchase Order issued by the Department of Veterans Affairs, indicating a formal agreement. Oversight would involve monitoring service delivery, adherence to contract terms, and financial accountability by the VA contracting office.
Related Government Programs
- Armored Car Services
- Department of Veterans Affairs Contracting
- Department of Veterans Affairs Programs
Risk Flags
- Limited competition.
- Potential for price inefficiencies under SAP.
- Dependence on a single vendor for critical services.
- Security risks inherent in armored transport.
Tags
armored-car-services, department-of-veterans-affairs, wv, purchase-order, under-100k
Frequently Asked Questions
What is this federal contract paying for?
Department of Veterans Affairs awarded $15,230.88 to LOOMIS ARMORED US LLC. ARMORED CAR SERVICE
Who is the contractor on this award?
The obligated recipient is LOOMIS ARMORED US LLC.
Which agency awarded this contract?
Awarding agency: Department of Veterans Affairs (Department of Veterans Affairs).
What is the total obligated amount?
The obligated amount is $15,230.88.
What is the period of performance?
Start: 2026-04-01. End: 2027-03-31.
What is the specific value proposition of Loomis Armored US LLC compared to other potential bidders in this limited competition?
Without detailed bid information, it's difficult to ascertain Loomis's specific value proposition. However, in limited competitions, incumbent providers or those with established relationships may have an advantage. The VA likely assessed Loomis's ability to meet stringent security, reliability, and response time requirements, which form the core of their value in armored transport.
What are the primary risks associated with this contract, and how are they being mitigated?
Key risks include service disruptions due to unforeseen events (e.g., vehicle malfunction, security breaches), potential cost overruns if not managed tightly, and reliance on a single provider. Mitigation strategies likely involve performance metrics, contingency plans outlined in the contract, and regular performance reviews by the VA to ensure compliance and address issues proactively.
How effectively does this contract support the VA's mission and operational needs?
This contract is crucial for the VA's mission by ensuring the secure and timely transport of sensitive items, potentially including medical supplies, financial instruments, or classified materials. Reliable armored car services prevent operational disruptions and safeguard valuable assets, directly contributing to the VA's ability to serve veterans without interruption.
Industry Classification
NAICS: Administrative and Support and Waste Management and Remediation Services › Investigation and Security Services › Armored Car Services
Product/Service Code: TRANSPORT, TRAVEL, RELOCATION › TRANSPORTATION OF THINGS
Competition & Pricing
Extent Competed: COMPETED UNDER SAP
Solicitation Procedures: SIMPLIFIED ACQUISITION
Solicitation ID: 36C24526Q0361
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: Loomis AB
Address: 2500 CITYWEST BLVD, HOUSTON, TX, 77042
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $89,228
Exercised Options: $15,231
Current Obligation: $15,231
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Timeline
Start Date: 2026-04-01
Current End Date: 2027-03-31
Potential End Date: 2031-03-31 00:00:00
Last Modified: 2026-04-02
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