Department of Homeland Security Awarded a Contract to PARAGON SYSTEMS INC for $61,914,975.00

Summary of Award

The US federal government has awarded a contract to Paragon Systems Inc for Protective Security Officer (PSO) services throughout the state of North Carolina. The contract, with a total obligation of $61,914,975, falls under the category of Indefinite Delivery / Indefinite Quantity (IDV) and was signed on February 28, 2024. The contract is set to run from March 1, 2024, to February 28, 2029.

Paragon Systems Inc, based in Herndon, Virginia, is a subsidiary of Securitas AB, a foreign-owned and U.S.-incorporated business. The company specializes in security services and is not designated as a small business. The contract is funded by the Department of Homeland Security, specifically the Federal Protective Service (FPS) under the Office of the Under Secretary for Management.

The contract involves the provision of housekeeping-guard services, with a focus on security guards and patrol services (NAICS code 561612). The contract was awarded through a negotiated proposal/quote process with full and open competition. The contract is a single award with a firm-fixed price structure. The executive details of the contract show that the top officers of Paragon Systems Inc, including Anthony Sabatino, Nicholas Re, William A Henry, Sean O'Brien, and Laura Hagan, are allocated varying amounts ranging from $305,500 to $1,344,279. The contract does not involve any subcontracting plan, multi-year contract, or national interest action. It also does not require the submission of cost or pricing data. The contract is not consolidated and does not fall under the Clinger-Cohen Act planning. The contract is with a foreign-owned business incorporated in the U.S., and foreign funding is not applicable. The contract falls under the Utilities and Housekeeping category, specifically housekeeping services (PSC code S2). The primary service provided is housekeeping-guard services (PSC code S206). Overall, the contract between the US federal government and Paragon Systems Inc for PSO services in North Carolina is a significant agreement with a substantial financial obligation. The contract is set to run for five years, providing security services in the state.