On December 31, 2014, USPS notified Command Security Corporation of the contract awards for approximately $20 million per year to provide security services at 50 USPS locations in 18 states, Puerto Rico and the District of Columbia. The award included a four year base contract and three two-year options. In addition, the USPS awarded the Company a contract valued at approximately $5 million per year contract to operate two USPS National Law Enforcement Communication Centers (NLECC) at Dulles International Airport, VA and in Ft. Worth, TX. The combined value of both contracts were up to $250 million over 10 years.
The Company was initially scheduled to commence a one month transition period for both contracts on February 1, 2015, and assume operational responsibility on March 1, 2015.
ABM Security Services (ABM) had been the security guard services contractor for over 10 years. Pinkerton (a division of Securitas Security Services) is the incumbent contractor for the NLECC services. ABM and Pinkerton’s contracts expired January 31,2015.
Although ABM submitted a proposal under the Solicitation for award of the new consolidated USPS contract –they lost out to CSC.
Earlier this year ABM filed a bid protest (business disagreement) with the USPS contracting officer. This press release FROM Command Security Corporation is an update of what happened TO ABM Security Services protest:
Command Security Corporation Notified of the U. S. Postal Services Reaffirmation to Award $250M Contract
HERNDON, Va., Nov. 23, 2015 — Command Security Corporation (NYSE MKT:MOC) announced today the notification by the U. S. Postal Service (the “USPS”) of its decision to confirm the award of the USPS contract under Solicitation No. 2B-14-A-0078 (the “USPS Contract”) valued at approximately $250 million over a ten year term of service. The USPS and Command Security Corporation (the “Company”) will begin to develop the transition process for the Company to formally assume the responsibilities under the USPS Contract.
The Company initially received notification on December 31, 2014 of the award of the USPS Contract, which provides for security services at 50 USPS locations in 18 states, Puerto Rico and the District of Columbia, valued at approximately $20 million per year, as well as the operation of the two USPS National Law Enforcement Communication Centers (NLECC) at Dulles International Airport, Virginia and in Ft. Worth, Texas, valued at approximately $5 million per year. The award includes a four year base contract and three two-year options.
On January 29, 2015, the Company announced that the USPS had issued a stay of the transition of the USPS Contract awarded to the Company pending the resolution of a dispute over the award of such contract. On January 27, 2015, the Company was notified by the USPS that ABM Security Services (“ABM”) had lodged a protest with the USPS seeking to overturn the contract that was awarded to the Company.
In a decision dated June 15, 2015, the USPS Supplier Disagreement Resolution Officer found that the USPS Contract awarded to the Company represented the best value for the USPS. Accordingly, the Supplier Disagreement Resolution Officer denied the disagreement filed by ABM, and lifted the stay on the performance of the USPS Contract with the Company.
On June 17, 2015, the Company was notified by the United States Department of Justice that ABM had expressed intent to file a protest with the Court of Federal Claims challenging the award of the USPS Contract to the Company, and seeking an injunction to stop the transition of the USPS Contract to the Company. On June 23, 2015, ABM filed a protest with the Court of Federal Claims challenging the award of the USPS Contract to the Company, and the USPS expressed an intent to stay the transition of the USPS Contract awarded the Company pending resolution of the Court of Federal Claims protest filed by ABM. The Court of Federal Claims dismissed the protest filed by ABM on July 7, 2015 to allow for the USPS to take corrective action.
“We have waited a long time for this affirmation and hope there will be no further delays or roadblocks imposed to disrupt this important work. Again, we are extremely gratified and energized to learn of the U. S. Postal Service decision which recognizes the best value proposition our team will provide,” said Craig P. Coy, Chief Executive Officer.
About Command Security Corporation
Command Security Corporation and its Aviation Safeguards subsidiary provides uniformed security officers, aviation security services and support security services to commercial, financial, industrial, aviation and governmental customers throughout the United States. We safeguard against theft, fraud, fire, intrusion, vandalism and the many other threats that our customers are facing today. By partnering with each customer, we design programs customized to meet their specific security needs and address their particular concerns. We bring years of expertise, including sophisticated systems for hiring, training, supervision and oversight, backed by cutting-edge technology, to every situation that our customers face involving security. Our mission is to enable our customers to operate their businesses without disruption or loss, and to create safe environments for their employees. For more information concerning our company, please refer to our website at www.commandsecurity.com.
Forward-Looking Statements
This announcement by Command Security Corporation (referred to herein as the “Company”) contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and within the meaning of the Private Securities Litigation Reform Act of 1995 about the Company that are based on management’s assumptions, expectations and projections about the Company. Such forward-looking statements by their nature involve a degree of risk and uncertainty. The Company cautions that actual results of the Company could differ materially from those projected in the forward-looking statements as a result of various factors, including but not limited to the factors described under the heading “Risk Factors” in the Company’s most recent Annual Report on Form 10-K for the fiscal year ended March 31, 2015, filed with the Securities and Exchange Commission, and such other risks disclosed from time to time in the Company’s periodic and other reports filed with the Securities and Exchange Commission. You should consider the areas of risk described above in connection with any forward-looking statements that may be made by the Company. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. You are advised, however, to consult any additional disclosures the Company makes in proxy statements, quarterly reports on Form 10-Q, annual reports on Form 10-K and current reports on Form 8-K filed with the Securities and Exchange Commission, which are publicly available at the Securities and Exchange Commission’s website at www.sec.gov/edgar.shtml.
If you read branch items in the postal record, many thank the old timers who stood up back in 1970 and said no to the letter carriers union president, who was only interested in the status quo and saving his job and struck, because of the unfair pay in nyc and other areas. Our National president is again doing the same. Not interested in helping out high cost of living area’s with getting a living wage, as the federal gov’t continues to add more area’s that get area cola’s. The UAW just rec’d huge raises and a 4 year contract and contract ratification bonus checks. FedEx and ups make 30% more than us, and all they have to do is deliver parcels. We must remember forwards holds markup accountables fss dps cased mail extra bundles……….. How our go along union does nothing to raise the level of poverty many carriers endure in high cost of living areas is beyond me. Our HBP costs go up faster and more $ wise total then our salaries. And before the inexpensive areas chime in, the mail must be delivered everywhere, so just because you say MOVE, only means someone else must live in poverty somewhere delivering the mail. When will the letter carrier union execs get out of bed with elephant plaza and raise all letter carriers out of poverty with a decent contract and area wage.????????? – See more at: http://www.postal-reporter.com/blog/usps-execs-get-pay-increase-bonuses-and-pmg-dpmg-get-new-perk-for-fy2015/#comment-86703
Not saying mgmt. is guilty of bedding w/unions but the duck is waddling.The Carriers work is compelling as is, then have a work relationship thats employee friendly. It would be nice.