The federal Indefinite Delivery Contract (IDC) award 70RFP218DEC000002 is held by Paragon Systems Inc., a subsidiary of the Swedish security services company Securitas AB. The contract, awarded by the Office of Procurement Operations, a civilian agency, is for Protective Security Officer (PSO) services throughout the Washington, D.C. area. Paragon Systems, a large, foreign-owned, for-profit business, has established itself as a significant federal contractor in the security services sector, holding numerous prime contracts and IDVs with agencies like the Department of Homeland Security (DHS) and the Department of Health and Human Services.
The IDC has a total ceiling value of $128,315,248.80 and a period of performance through February 2025. Under this vehicle, Paragon has been awarded several firm fixed-price delivery orders ranging from $1,000 to over $17 million for PSO services at various federal facilities in the National Capital Region. These task orders do not have any set-aside designations. The contract allows various agencies to issue task orders for Paragon's services, providing the company a steady stream of security work across multiple federal programs.
Generated 10/3/24, 9:05 AM