CFPB awards $205.7M contract for personnel security support to DATASOURCE, INC
Contract Overview
Contract Amount: $205,670 ($205.7K)
Contractor: Datasource, Inc.
Awarding Agency: Consumer Financial Protection Bureau
Start Date: 2026-04-10
End Date: 2027-04-12
Contract Duration: 367 days
Daily Burn Rate: $560/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: PERSONNEL SECURITY CONTRACTOR SUPPORT (PERSONNEL SECURITY PROGRAM)
Place of Performance
Location: MCLEAN, FAIRFAX County, VIRGINIA, 22102
State: Virginia Government Spending
Plain-Language Summary
Consumer Financial Protection Bureau obligated $205,670.4 to DATASOURCE, INC. for work described as: PERSONNEL SECURITY CONTRACTOR SUPPORT (PERSONNEL SECURITY PROGRAM) Key points: 1. Contract awarded to DATASOURCE, INC. for personnel security services. 2. The contract is valued at $205.7 million and runs for approximately 367 days. 3. This falls under Computer Systems Design Services (NAICS 541512). 4. The contract was awarded using full and open competition. 5. The contract type is a Firm Fixed Price Delivery Order.
Value Assessment
Rating: good
The contract value of $205.7 million for approximately one year of service appears reasonable given the scope of personnel security support. Benchmarking against similar contracts for specialized IT and security services would provide a more precise assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The use of full and open competition suggests a robust price discovery process. This method allows multiple vendors to bid, driving competitive pricing and potentially leading to better value for the government.
Taxpayer Impact: The competitive bidding process is expected to ensure taxpayer funds are used efficiently for essential personnel security services.
Public Impact
Ensures the security and integrity of personnel data within the CFPB. Supports the CFPB's mission by safeguarding sensitive information. Provides critical services for maintaining a secure workforce. Potential impact on employee trust and operational continuity.
Waste & Efficiency Indicators
Waste Risk Score: 100 / 10
Warning Flags
- Contract duration is relatively short, potentially leading to follow-on contract costs.
- Reliance on a single vendor for critical security functions.
Positive Signals
- Awarded through full and open competition, indicating market availability.
- Firm Fixed Price contract provides cost certainty.
Sector Analysis
This contract falls within the IT and professional services sector, specifically focusing on computer systems design and security. Spending benchmarks for similar personnel security support contracts can vary widely based on agency size and specific requirements.
Small Business Impact
The data does not indicate whether small businesses were involved in the bidding process or as subcontractors. Further analysis would be needed to determine the extent of small business participation.
Oversight & Accountability
The Consumer Financial Protection Bureau (CFPB) is responsible for overseeing this contract. Standard procurement regulations and agency oversight mechanisms should ensure accountability and proper execution of services.
Related Government Programs
- Computer Systems Design Services
- Consumer Financial Protection Bureau Contracting
- Consumer Financial Protection Bureau Programs
Risk Flags
- Vendor performance risk
- Data security and breach risk
- Contract continuity risk
- Potential for cost overruns if scope expands
Tags
computer-systems-design-services, consumer-financial-protection-bureau, va, delivery-order, 100k-plus
Frequently Asked Questions
What is this federal contract paying for?
Consumer Financial Protection Bureau awarded $205,670.4 to DATASOURCE, INC.. PERSONNEL SECURITY CONTRACTOR SUPPORT (PERSONNEL SECURITY PROGRAM)
Who is the contractor on this award?
The obligated recipient is DATASOURCE, INC..
Which agency awarded this contract?
Awarding agency: Consumer Financial Protection Bureau (Consumer Financial Protection Bureau).
What is the total obligated amount?
The obligated amount is $205,670.4.
What is the period of performance?
Start: 2026-04-10. End: 2027-04-12.
What specific services are included under 'PERSONNEL SECURITY CONTRACTOR SUPPORT'?
This typically includes services such as background investigations, security clearances, insider threat monitoring, access control management, and security awareness training for personnel. The exact scope would be detailed in the contract's Statement of Work (SOW), outlining the specific deliverables and performance standards required by the CFPB.
What are the potential risks associated with a single delivery order for this service?
A single delivery order, even under full and open competition, can pose risks if the vendor underperforms or faces financial instability. There's also a risk of vendor lock-in if follow-on contracts are pursued without re-competition. Ensuring robust performance metrics and contingency plans is crucial.
How does this contract contribute to the CFPB's overall effectiveness?
Effective personnel security is fundamental to the CFPB's ability to protect sensitive financial data and maintain public trust. By ensuring the integrity and trustworthiness of its workforce, the agency can operate securely and fulfill its regulatory and consumer protection mandates without compromise.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Computer Systems Design Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › ADMINISTRATIVE SUPPORT SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: Datasource Inc.
Address: 1749 OLD MEADOW RD, MC LEAN, VA, 22102
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business
Financial Breakdown
Contract Ceiling: $205,670
Exercised Options: $205,670
Current Obligation: $205,670
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: GS35F410GA
IDV Type: FSS
Timeline
Start Date: 2026-04-10
Current End Date: 2027-04-12
Potential End Date: 2027-04-12 00:00:00
Last Modified: 2026-04-10
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