Social Security Administration Awarded a Contract to LIFE SAFETY GROUP, LLC for $234,000.00

Summary of Award

The contract in focus involves the US federal government, specifically the Social Security Administration (SSA), and Life Safety Group, LLC. This contract was established to provide secure parking spaces for three vehicles of the Office of Inspector General (OIG) within the Social Security Administration's Cooperative Disability Investigations (CDI) Unit located in New York. The parking lease spans from April 27, 2023, to potentially April 26, 2028.

Breaking down the details, the awarded contract, identified as "CONT_AWD_28321323P00050070_2800_-NONE-_-NONE-", is a purchase order type and classified under type "B". The principal aim of the agreement is specified as a lease for parking spaces, a service that fits within the product or service code "X1LZ" and the North American Industry Classification System (NAICS) code "812930" - designated for "Parking Lots and Garages".

Financial allocations within the contract exhibit a total obligation amount of $129,600, with the possibility of escalating up to $234,000 if all options are exercised. This reflects the government’s committed expenditure over the initial contract period, with $72,000 already accounted as outlays and $82,800 as obligations under DEF Code "Q". Life Safety Group, LLC, based in Rockville, Maryland, is entrusted with this contract. Identified as a small business and U.S.-owned corporate entity, it falls under several business categories, including "Corporate Entity Not Tax Exempt" and "Special Designations". Although more specific details about this company are limited in the provided data, it can be inferred that Life Safety Group, LLC, specializes in providing enclosed and secure parking solutions, which aligns with the contract's scope and their business operation in the parking facilities sector. Interpreting the transactions related to this contract reveals three key activities: 1. The initial transaction on April 26, 2023, initiated the contract with a transaction amount of $39,600. This date coincides with the signing date of the agreement and marked the start of the obligation by Life Safety Group, LLC, to fulfill the contract requirements. 2. On April 9, 2024, the second transaction was logged, amounting to $43,200. This increment involves an additional modification labeled "P00001", suggesting a potential adjustment in either the service scope or pricing terms in accordance with the contract provisions. 3. The most recent transaction occurring on April 10, 2025, holds a transaction value of $46,800 and is accompanied by the modification code "P00002". Similar to the prior transaction, this adjustment indicates ongoing updates or changes addressed under the contract terms. These financial transactions collectively account for the service’s payment spread across the contractual timeline, reflecting both the financial commitment and the administrative adjustments made over time. The contracting and awarding agency, the Social Security Administration, underlines the correlation between the agency’s objectives and the contract. The SSA’s decision to facilitate secure parking arrangements for its New York CDI Unit vehicles underscores their commitment to supporting operational security and efficiency. The methodology chosen for procurement followed "Simplified Acquisition" procedures, where competitive offers under the Simplified Acquisition Procedures (SAP) guided the selection of Life Safety Group, LLC, even though only one offer was received. A significant portion of the contract analysis revolves around the pricing model applied. Classified as "Firm Fixed Price", this model factors in projected costs over the preset period, ensuring financial predictability and managerial clarity for both the SSA and Life Safety Group, LLC. Moreover, the absence of additional subcontracting highlights Life Safety Group, LLC’s sole responsibility in executing the contract duties without delegating tasks to third parties, thereby streamlining accountability channels. Additionally, there's explicit information regarding regulatory and compliance aspects. The contract did not engage any special set-asides or awarded preferences, indicating that it was open for competition without specific bias or favor toward particular business categories. Moreover, the lack of clinger-cohen act planning and commercial item acquisition parameters suggest a standardized acquisition and procurement operation. To conclude, this contract for parking services between the SSA and Life Safety Group, LLC, showcases a typical federal procurement outcome oriented toward securing necessary logistical support for government operations. The well-detailed transaction data accentuates both parties' adherence to financial commitments while the structured timeframes, financial provisions, and ongoing modifications emphasize the dynamic nature of federal contracts adjusted to meet evolving needs and conditions within the government operations landscape.