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

Positive Signals

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

Risk Flags

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 ServicesComputer Systems Design and Related ServicesComputer 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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