Department of Commerce Awarded a Contract to CENTERRA GROUP, LLC for $91,835,562.40

Summary of Award

The awarded contract between the U.S. federal government and Centerra Group, LLC, is an exemplary model of how federal funds are allocated to procure security services vital to protecting government facilities. The contract, categorized as a delivery order, focuses on providing security guard services to the U.S. Patent and Trademark Office, a sub-agency of the Department of Commerce. The details shed light not only on the financial scope of the contract but also on the intricacies involved in the logistics, management, and allocation of federal funds.

### Overview of the Award

The contract, identified by the unique ID “1333BJ19F00051002,” was signed on August 9, 2019, with its period of performance stretching from September 16, 2019, to August 14, 2025. The agreement is valued at a total obligation of approximately $82.83 million, with exercised options amounting to the same figure, while the potential value, including all options, reaches around $91.84 million. Despite these significant figures, the contract's total account outlay, reported as $0, might be influenced by accounting practices and the project's lifecycle status at the time of reporting. ### Agency and Contractual Framework The awarding and funding agency for this contract is the Department of Commerce, specifically through the U.S. Patent and Trademark Office. The umbrella agency responsible for the broader contractual landscape falls under the General Services Administration, specifically through the Federal Acquisition Service. The contract was subject to full and open competition, underscored by solicitation procedures aimed at ensuring multiple award opportunities, revealing a competitive framework designed to drive value for money for the taxpayer. ### Centerra Group, LLC: The Recipient Located in Herndon, Virginia, Centerra Group, LLC, is a significant player in the provision of security services, effectively classified under NAICS code 561612, pertaining to Security Guards and Patrol Services. The company is distinctly marked as a corporate entity that is not designated a small business, operating as a U.S.-owned entity domestically, offering commercial products and services. Its role in providing physical security and badging support emphasizes its importance in maintaining the integrity and safety of federal facilities. ### Executive Financials and Business Operations Centerra Group's executive team is a reflection of its leadership stability and growth. Key compensation figures reveal substantial remuneration, with the highest paid executive, Terrence Ryan, receiving over $717,000, signaling the company's tier of managerial talent and their compensation standards. Other executives, such as Paul Donahue, Darin Cabral, and Olivia Crowley, also enjoy considerable salaries, underscoring the financial health and comprehensive strategic management of Centerra Group. ### Transactional Breakdown Examining the transactions associated with this contract reveals a range of financial activities designed to ensure the ongoing funding and support of the security services provided. A review of key transactions includes: - **Initial Funding:** The contract began with a substantial transaction on August 9, 2019, reinforcing the commitment to provide security services with an allocation of $14.21 million. - **Subsequent Modifications:** A significant transaction took place on February 1, 2022, injecting an additional $14.15 million, underscoring the continuous requirement for funding to fulfill service delivery. - **Ongoing Adjustments:** Further transactions, such as the $509,171.29 on June 5, 2024, and $213,508.28 on April 10, 2025, reflect ongoing adjustments and allocations necessary for meeting contract obligations. These transactions are marked with “Modifications” (abbreviated as "Mod"), indicating updates or adjustments to the contract terms or funding allocations, often accounting for additional or unforeseen needs in service provision or administrative adjustments. ### Compliance and Regulatory Oversight The contract was subjected to labor standards, confirming adherence to specified labor laws and standards, which are crucial when federal contracts are awarded in contexts involving significant human resource components. The absence of foreign funding underscores an entirely domestically sourced project, reinforcing national security priorities and domestic economic support through government contracting. ### Strategic and Economic Impact The contract represents a critical investment by the U.S. government in safeguarding federal assets and enabling the U.S. Patent and Trademark Office's unhindered operations. By engaging Centerra Group, the government not only secures key administrative functions but also supports local employment and commercial activity in Virginia, further enhancing the economic footprint of federal spend. In conclusion, the awarded contract to Centerra Group, LLC, stands as a pertinent example of strategic government spending in vital security services, ensuring both operational integrity and the safeguarding of critical federal infrastructure. The ensuing transactions, management details, and compliance mechanisms collectively illustrate the complexity and scope of such federal engagements, highlighting the pivotal role these contracts play in both national security and economic dimensions.