LABOR HOURS

PROFESSIONAL RISK MANAGEMENT, INC. - THE FBI FORFEITURE SUPPORT PROJECT (FSP) IS FUNDED BY THE DOJS ASSET FORFEITURE MANAGEMENT STAFF (AFMS) AND PROVIDES SUPPLEMENTAL SUPPORT FOR THE FBIS ASSET FORFEITURE PROGRAM. THE MISSION OF THE FSP IS TO PROVIDE DATA ENTRY AND FINANCIAL ANALYSIS.

PIID: 15F06723F0001347
Signed Date: Oct 24, 2025Effective Date: Aug 1, 2023End Date: Closed on Sep 30, 2026
Award $
$51.7M
Vendor
PROFESSIONAL RISK MANAGEMENT, INC.
NAICS
561611
Signed Date
Oct 24, 2025

Key Details

Dollars Obligated
$51.7M
Base & All Options
$2.9M
Awarding Agency
Department of Justice
Awarding Sub-Agency
Federal Bureau of Investigation
Product Service Code
R499 - SUPPORT- PROFESSIONAL: OTHER
Extent Competed
FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers
3
Place of Performance
ALBANY, NY, 122010002, CD-NY-20

Description

THE FBI FORFEITURE SUPPORT PROJECT (FSP) IS FUNDED BY THE DOJS ASSET FORFEITURE MANAGEMENT STAFF (AFMS) AND PROVIDES SUPPLEMENTAL SUPPORT FOR THE FBIS ASSET FORFEITURE PROGRAM. THE MISSION OF THE FSP IS TO PROVIDE DATA ENTRY AND FINANCIAL ANALYSIS.

Context & Analysis

On Oct 24, 2025, Department of Justice obligated $51,685,685.82 to PROFESSIONAL RISK MANAGEMENT, INC. for the fbi forfeiture support project (fsp) is funded by the dojs asset forfeiture management staff (afms) and provides supplemental support for the fbis asset forfeiture program. the mission of the fsp…. The award is classified under NAICS 561611 — INVESTIGATION AND PERSONAL BACKGROUND CHECK SERVICES and issued as a labor hours contract. Competition extent: full and open competition after exclusion of sources with 3 offers received. Performance is located in ALBANY, NY. This award is one of several similar procurements from Department of Justice under NAICS 561611 — related awards are listed below.

Market context

Recompete outlook
Ended Sep 30, 2026 (24 days ago). Recompete signal as of Oct 17, 2026: 28/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
Competition
Competed, with 3 offers. 92% of 134 awards in this market (Department of Justice awards in NAICS 561611 over the last 3 years) were competed; median 1 offers.
Award size
At $51.7M, this award is larger than 19 in 20 of the 129 priced Department of Justice awards in NAICS 561611 over the last 3 years (median $37K).
Incumbent at this agency
PROFESSIONAL RISK MANAGEMENT, INC. has 1 other award from Department of Justice, totalling $35.4M, in 2025.
Largest vendors in this market

By obligations, Department of Justice awards in NAICS 561611 over the last 3 years.

Computed from USAspending award data on Oct 17, 2026.

Contractor Information

UEI: E25MCR8CQBT7
CAGE Code: 4LPY5
Location: STERLING, VA
View Full Record on USASpending.gov

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