Treasury's IRS Spends $33.5M on Guard Services via Full & Open Competition

Contract Overview

Contract Amount: $33,497,880 ($33.5M)

Contractor: Securemedy Inc

Awarding Agency: Department of the Treasury

Start Date: 2016-10-01

End Date: 2019-11-30

Contract Duration: 1,155 days

Daily Burn Rate: $29.0K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 10

Pricing Type: LABOR HOURS

Sector: Other

Official Description: IGF::OT::IGF FOR OTHER FUNCTIONS - FMSS CONSOLIDATED GUARD SERVICES ANDOVER,MA; COVINGTON, KY; MEMPHIS, TN

Place of Performance

Location: DALLAS, DALLAS County, TEXAS, 75244

State: Texas Government Spending

Plain-Language Summary

Department of the Treasury obligated $33.5 million to SECUREMEDY INC for work described as: IGF::OT::IGF FOR OTHER FUNCTIONS - FMSS CONSOLIDATED GUARD SERVICES ANDOVER,MA; COVINGTON, KY; MEMPHIS, TN Key points: 1. Spending on security guards is a common government need, with this contract representing a moderate investment. 2. Securemendy Inc. secured this contract, indicating a competitive landscape for security services. 3. The contract's duration and value present a moderate financial risk. 4. The sector is Facilities Support Services, a broad category with varying cost benchmarks.

Value Assessment

Rating: good

The contract value of $33.5M over three years for guard services appears reasonable when benchmarked against similar large-scale security contracts. The per-unit cost is not directly calculable without more granular data on hours and rates.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES,' suggesting a competitive bidding process that aimed to maximize value. This method generally leads to better price discovery.

Taxpayer Impact: Taxpayer funds were used efficiently through a competitive process, ensuring value for money in security services.

Public Impact

Ensures security for IRS facilities in multiple locations, protecting sensitive government assets and information. Supports jobs within the private security sector through government contracting. Provides essential services that maintain operational continuity for the Internal Revenue Service.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The Facilities Support Services sector, including security, is a significant area of government spending. Benchmarks vary widely based on service type, location, and contract size, but $33.5M for comprehensive guard services is substantial.

Small Business Impact

The contract was not awarded to a small business, as indicated by 'sb': false. This suggests larger, established firms dominated the bidding for this service requirement.

Oversight & Accountability

The award process under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES' implies a degree of oversight. However, ongoing performance monitoring and cost control oversight details are not provided.

Related Government Programs

Risk Flags

Tags

security-guards-and-patrol-services, department-of-the-treasury, tx, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $33.5 million to SECUREMEDY INC. IGF::OT::IGF FOR OTHER FUNCTIONS - FMSS CONSOLIDATED GUARD SERVICES ANDOVER,MA; COVINGTON, KY; MEMPHIS, TN

Who is the contractor on this award?

The obligated recipient is SECUREMEDY INC.

Which agency awarded this contract?

Awarding agency: Department of the Treasury (Internal Revenue Service).

What is the total obligated amount?

The obligated amount is $33.5 million.

What is the period of performance?

Start: 2016-10-01. End: 2019-11-30.

What was the specific rationale for excluding certain sources before the full and open competition?

The exclusion of sources prior to full and open competition typically occurs when specific capabilities, past performance, or unique requirements necessitate a narrowed initial pool. This can sometimes be justified to ensure specialized needs are met, but it also carries a risk of limiting competition and potentially increasing costs if not carefully managed and documented.

How does the cost per guard hour compare to industry averages for similar government contracts?

Without specific hourly rates or detailed man-hour breakdowns, a direct comparison of cost per guard hour is not feasible. However, the overall contract value of $33.5M for nearly three years suggests a significant investment. Benchmarking would require access to the contract's detailed pricing structure and comparison with publicly available data for similar government security contracts.

What performance metrics were used to evaluate Securemendy Inc.'s service delivery during the contract period?

The provided data does not include specific performance metrics or evaluation reports for Securemendy Inc. Effective oversight would typically involve tracking key performance indicators related to response times, incident reporting accuracy, personnel reliability, and client satisfaction. The absence of this information limits the assessment of service effectiveness and value for money.

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 AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 10

Pricing Type: LABOR HOURS (Z)

Evaluated Preference: NONE

Contractor Details

Address: 3 POST OFFICE RD STE 101, WALDORF, MD, 20602

Business Categories: 8(a) Program Participant, 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, Subchapter S Corporation, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $60,511,560

Exercised Options: $33,886,051

Current Obligation: $33,497,880

Actual Outlays: $2,238,105

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline

Start Date: 2016-10-01

Current End Date: 2019-11-30

Potential End Date: 2019-11-30 09:01:17

Last Modified: 2022-06-01

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