DHS Awards $26.4M for Philadelphia Protective Services to Triple Canopy Inc

Contract Overview

Contract Amount: $26,415,983 ($26.4M)

Contractor: Triple Canopy Inc

Awarding Agency: Department of Homeland Security

Start Date: 2024-10-01

End Date: 2025-09-30

Contract Duration: 364 days

Daily Burn Rate: $72.6K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: METRO PHILADELPHIA PROTECTIVE SERVICE OFFICER (PSO) SERVICES

Place of Performance

Location: HERNDON, FAIRFAX County, VIRGINIA, 20171

State: Virginia Government Spending

Plain-Language Summary

Department of Homeland Security obligated $26.4 million to TRIPLE CANOPY INC for work described as: METRO PHILADELPHIA PROTECTIVE SERVICE OFFICER (PSO) SERVICES Key points: 1. Contract value of $26.4M for security services. 2. Triple Canopy Inc. is the sole awardee. 3. Competition method was full and open. 4. Sector is security services, a common government need.

Value Assessment

Rating: good

The contract value of $26.4M for a one-year period appears reasonable for protective services in a major metropolitan area. Benchmarking against similar contracts for PSO services would provide further validation.

Cost Per Unit: $72,571 (annualized)

Competition Analysis

Competition Level: full-and-open

The contract was awarded using full and open competition, suggesting a robust price discovery process. This method generally leads to competitive pricing.

Taxpayer Impact: Taxpayers benefit from a competitive bidding process that aims to secure services at the best possible price.

Public Impact

Ensures security for federal facilities and personnel in the Philadelphia metro area. Supports critical government operations through reliable protective services. Provides employment opportunities within the security sector.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for price creep if contract terms are not strictly managed.
  • Dependence on a single contractor for critical security functions.

Positive Signals

  • Awarded through full and open competition.
  • Clear contract duration and defined scope of work.

Sector Analysis

This contract falls within the security and protective services sector, which is a significant area of government spending. Benchmarks for similar services vary widely based on location and specific requirements.

Small Business Impact

The data indicates that small businesses were not directly awarded this contract, nor is there an explicit mention of subcontracting goals. Further analysis would be needed to determine if small businesses are participating indirectly.

Oversight & Accountability

The Department of Homeland Security, through its Office of Procurement Operations, is responsible for overseeing this contract. Standard oversight mechanisms should be in place to ensure performance and compliance.

Related Government Programs

  • Security Guards and Patrol Services
  • Department of Homeland Security Contracting
  • Office of Procurement Operations Programs

Risk Flags

  • Contract awarded to a single entity.
  • Potential for service disruption if contractor fails.
  • Need to verify contractor's past performance.
  • Ensure adherence to service level agreements.

Tags

security-guards-and-patrol-services, department-of-homeland-security, va, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Homeland Security awarded $26.4 million to TRIPLE CANOPY INC. METRO PHILADELPHIA PROTECTIVE SERVICE OFFICER (PSO) SERVICES

Who is the contractor on this award?

The obligated recipient is TRIPLE CANOPY INC.

Which agency awarded this contract?

Awarding agency: Department of Homeland Security (Office of Procurement Operations).

What is the total obligated amount?

The obligated amount is $26.4 million.

What is the period of performance?

Start: 2024-10-01. End: 2025-09-30.

What is the historical performance of Triple Canopy Inc. in providing protective services to the government?

Historical performance data for Triple Canopy Inc. would be crucial to assess their reliability and effectiveness in delivering protective services. Past performance reviews, contract termination history, and client feedback are key indicators. Understanding their track record can help mitigate risks associated with contract execution and ensure consistent service quality.

How does the per-unit cost compare to industry benchmarks for similar protective services in the Philadelphia region?

Comparing the annualized per-unit cost of $72,571 to industry benchmarks for Protective Service Officers (PSOs) in the Philadelphia metro area is essential. Factors like the number of officers, hours of coverage, required certifications, and specific security duties influence costs. A detailed benchmark analysis would reveal if this contract represents a fair market price or if there's potential for cost savings.

What are the key performance indicators (KPIs) for this contract and how will they be measured?

Key Performance Indicators (KPIs) are vital for measuring the effectiveness of the Protective Service Officer services. These might include response times to incidents, adherence to post orders, officer training and certification levels, and incident reporting accuracy. Clear, measurable KPIs, along with a robust inspection and reporting system, ensure accountability and the successful fulfillment of security objectives.

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: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: 70RFP322RE3000001

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 13530 DULLES TECHNOLOGY DR STE 500, HERNDON, VA, 20171

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

Financial Breakdown

Contract Ceiling: $26,415,983

Exercised Options: $26,415,983

Current Obligation: $26,415,983

Actual Outlays: $24,048,989

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: 70RFP322DE3000001

IDV Type: IDC

Timeline

Start Date: 2024-10-01

Current End Date: 2025-09-30

Potential End Date: 2025-09-30 00:00:00

Last Modified: 2025-08-29

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