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PROFESSIONAL_SERVICESRENEWED

Sewerage & Water Board Finance & Admin Committee Meeting Agenda Packet May 2025

Armed Security Contract Renewed for $3.7M with Inner Parish

$3,700,000.00 (annual renewal); total contract value $14,400,000.00Sewerage & Water Board of New OrleansINNER PARISH SECURITY CORPORATIONMay 14, 2025

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Description

The Sewerage and Water Board of New Orleans approved a one-year contract renewal with Inner Parish Security Corporation for armed guard services at Board facilities for $3.7 million, extending the agreement to July 2026 with a new contract maximum of $14.4 million.

Contract Details

Contract Amount

$3,700,000.00 (annual renewal); total contract value $14,400,000.00

Vendor

INNER PARISH SECURITY CORPORATION

Agency

Sewerage & Water Board of New Orleans, LA

Contract Type

PROFESSIONAL_SERVICES

Document Date

May 14, 2025

Contract Term

July 15, 2025 – July 14, 2026 (first renewal year of possible two)

Renewal Date

2026-07-14

Renewal Info

Initial 3-year term plus two possible 1-year renewals; this action is first renewal. Previous amendment increased year 3 max to $3.7M; now renewal at same rate for year 4; one renewal remains.

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