0
0

Department of Labor Awarded a Contract to SERCO INC for $189,994,821.94

Signed on

9/20/2024, 12:00 AM

SERCO INC Government Contract #1605C424F00015

SERCO INC was awarded a contract with the United States Government for $189,994,821.94. The contract was awarded by the agency office DOL - CAS DIVISION 4 PROCUREMENT, which is a division with the Office of the Assistant Secretary for Administration and Management within the Department of Labor.

Summary of Award

The recipient of the federal contract is SERCO INC, a U.S.-owned business based in Herndon, Virginia. The contract, funded by the Department of Labor's Veterans Employment and Training Services, is for supporting transitioning service members and their spouses in enhancing their skills for civilian career success. The total value of the contract is $49,562,169. Notable spending patterns include multiple transactions with varying amounts, such as $15,100,000, $8,000,000, and $4,841,000.

Contract Details

Contract ID1605C424F00015
Contract TypeC
Total Obligation$49,562,169.00
Exercised Options$73,181,134.83
Base Amount + Options$189,994,821.94
Date Signed2024-09-20
Contract DescriptionTO SUPPORT THE ENHANCEMENT OF THE TAP, VETS REQUIRES A CONTRACTOR TO PROVIDE TRANSITIONING SERVICE MEMBERS AND THEIR SPOUSES ON HOW TO ENRICH THEIR SKILLS, TO SECURE MEANINGFUL AND SUCCESSFUL CAREERS IN THE CIVILIAN LABOR FORCE, RESEARCH AND IDENTIFY
Start Date2024-09-25
End Date2026-09-24

Agency Details

Awarding AgencyDepartment of Labor
Awarding Sub AgencyOffice of the Assistant Secretary for Administration and Management
Awarding OfficeDOL - CAS DIVISION 4 PROCUREMENT
Funding AgencyDepartment of Labor
Funding Sub AgencyVeterans Employment and Training Services
Funding OfficeDOL (VETS) NATIONAL OFFICE

Recipient Details

RecipientSERCO INC
Recipient Location12930 WORLDGATE DR HERNDON VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00012$4,841,000.00April 13, 2026

Veterans Employment and Training Services, a sub agency of Department of Labor, issued a payment of $4,841,000.00 to SERCO INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00011$2,500,000.00January 16, 2026

Veterans Employment and Training Services, a sub agency of Department of Labor, issued a payment of $2,500,000.00 to SERCO INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$0.00December 23, 2025

Veterans Employment and Training Services, a sub agency of Department of Labor, issued a payment of $0.00 to SERCO INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00009$1,540,000.00September 19, 2025

Veterans Employment and Training Services, a sub agency of Department of Labor, issued a payment of $1,540,000.00 to SERCO INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$-900,000.00August 5, 2025

Veterans Employment and Training Services, a sub agency of Department of Labor, issued a payment of $-900,000.00 to SERCO INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008$-2,100,000.00August 5, 2025

Veterans Employment and Training Services, a sub agency of Department of Labor, issued a payment of $-2,100,000.00 to SERCO INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$325,000.00July 31, 2025

Veterans Employment and Training Services, a sub agency of Department of Labor, issued a payment of $325,000.00 to SERCO INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00006$15,100,000.00July 31, 2025

Veterans Employment and Training Services, a sub agency of Department of Labor, issued a payment of $15,100,000.00 to SERCO INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$8,000,000.00July 8, 2025

Veterans Employment and Training Services, a sub agency of Department of Labor, issued a payment of $8,000,000.00 to SERCO INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$2,500,000.00May 5, 2025

Veterans Employment and Training Services, a sub agency of Department of Labor, issued a payment of $2,500,000.00 to SERCO INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$3,400,000.00February 25, 2025

Veterans Employment and Training Services, a sub agency of Department of Labor, issued a payment of $3,400,000.00 to SERCO INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00January 31, 2025

Veterans Employment and Training Services, a sub agency of Department of Labor, issued a payment of $0.00 to SERCO INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$14,356,169.00September 20, 2024

Veterans Employment and Training Services, a sub agency of Department of Labor, issued a payment of $14,356,169.00 to SERCO INC. The payment included a Subsidy Cost of $0.00.