Contract 70T01024C7668N001 for hazard analysis and associated services
Active Definitive Contract Awarded Last action
- Contract number
- 70T01024C7668N001
- Awardee
-
Paragone Solutions, Inc. UEI NVK2SURKALS7
- Awarding agency
-
Transportation Security Administration
Department of Homeland Security
- Obligated
- $2,428,800
Award facts
- Contract value 53% obligated
-
- $2,898,240.00 Current, with exercised options
- $4,595,320.00 Potential, with all options
- Completion date 48% complete
-
- Current, with exercised options
- Potential, with all options
- NAICS code
- 541690 Other Scientific and Technical Consulting Services
- Set-aside
- 8(a) Sole Source
- Competition
- Not Available for Competition · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Vienna, VA 22180, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $824,960 | |
| Other Administrative Action | $152,430 | |
| Other Administrative Action | $50,810 | |
| Exercise an Option | $606,480 | |
| Original award | $794,120 |
About this award
The Transportation Security Administration awarded a $4.595 million definitive contract to Paragone Solutions, Inc., an SBA-certified Economically Disadvantaged Women-Owned Small Business (EDWOSB), for hazard analysis and associated services on June 3, 2024, under an 8(a) sole-source set-aside. Modification P00003 exercises option year 2, with ultimate completion scheduled for June 2, 2029.
Place of performance is Vienna, VA. The contract carries firm fixed pricing. As of fiscal year 2025, the contract's labor footprint stood at 2.8 FTEs, with Paragone self-performing all reported work; no subcontractors were engaged in FY2025. In FY2024, the contract invoiced $218 thousand across 0.9 FTEs and 1,762 contractor hours, yielding a derived government-paid hourly rate of $123.81/hr. FY2025 invoicing reached $675 thousand, reflecting increased engagement year-over-year.
Quick answers
Who was awarded contract 70T01024C7668N001?
70T01024C7668N001 was awarded to Paragone Solutions, Inc. by Transportation Security Administration (Department of Homeland Security) on June 3, 2024.
How much is contract 70T01024C7668N001 worth?
The government has obligated $2,428,800 on 70T01024C7668N001. Its current value, with exercised options, is $2,898,240. Its potential value, with all options, is $4,595,320.
Was contract 70T01024C7668N001 competed?
The extent of competition for 70T01024C7668N001 was not available for competition. The government received 1 offer. It was set aside: 8(a) Sole Source.
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