Emerging Technology
Businesswire | July 28, 2023
BRP Group, Inc. today announced the establishment of its newest national Center of Excellence (“COE”) — Government Contracting (“GovCon”) – to join the firm’s expanding portfolio of specialty practices.
The new practice launch is part of BRP Group’s intentional strategy of leveraging the deep expertise of its national network of risk management and insurance partnerships, and their experts and specialists, to make a greater difference for their clients’ business needs regardless of geographic location.
BRP Group’s GovCon COE team is comprised of knowledgeable insurance experts with broad experience advising clients who operate in the government contracting space. This COE is specifically structured to support federal contracting clients with property and casualty, employee benefits and retirement insurance solutions, GovCon M&A due diligence and in-house compliance specialists.
“Our new Government Contracting (GovCon) Center of Excellence (COE) is an expansion of BRP Group’s specialized solutions and capabilities that work to meet the unique needs of current and prospective clients. By combining the expertise from our two partner firms, Armfield, Harrison & Thomas (AHT) and The Capital Group, we are excited to bring this additional practice to the marketplace,” said Dan Galbraith, BRP Group’s Chief Operating Officer. “Not only do government contractors encounter typical risk management and insurance issues, they also navigate unique challenges associated with conducting business within a rapidly-evolving, highly-regulated environment. With more than 25 years of experience and a proven track record of designing specialized insurance coverage for these complex business and regulatory conditions, our dedicated colleagues, led by BRP Group’s Senior Director of Sales Kevin FitzPatrick, keep clients protected, in compliance and proactively prepared to mitigate risk and manage costs.”
The GovCon COE focuses on addressing the unique needs and challenges of clients in the hyper- competitive federal contracting space that are best solved by a unified team approach. The GovCon COE helps federal contractors navigate these mission critical areas:
Controlling fringe expenses to keep competitive Wrap Rates
GovCon Employee Benefits Benchmarking - designing programs that help improve employee attraction and retention.
Risk Management Strategy
Defense Base Act (DBA) Coverage
International Coverage
Cyber Liability Insurance
Service Contract Act (SCA) Compliance and Strategy
401K plan development and administration
In addition, the GovCon COE has integrated two key programs:
GovTech™: The Government Technology Insurance Company offers robust commercial insurance policies that flow down the Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS) framework and provides easy access to GovCon insurance subject matter experts at premiums that accurately reflect the exposures.
GovConHealth: Provides go-to-market strategies to federal contractors to help them control employee benefits expenses. The initiative is powered by a unique and proprietary consortium-funded stop-loss arrangement that bands together high-performing federal contractors to safely and conservatively partially self-fund their employer-based healthcare.
ABOUT BRP GROUP
BRP Group, Inc. (NASDAQ: BRP) is an independent insurance distribution firm delivering tailored insurance and risk management insights and solutions that give our Clients the peace of mind to pursue their purpose, passion and dreams. We are innovating the industry by taking a holistic and tailored approach to risk management, insurance, and employee benefits, and support our Clients, Colleagues, Insurance Company Partners and communities through the deployment of vanguard resources and capital to drive our growth. BRP Group represents over 1.3 million clients across the United States and internationally. For more information, please visit www.baldwinriskpartners.com.
Read More
Emerging Technology, Infrastructure
BusinessWire | August 25, 2023
PAR Technology Corporation today announced that its wholly owned subsidiary PAR Government Systems Corporation, in close partnership with ICEYE US, the leading commercial provider of space-based radar capabilities, has signed a prime contract award for the Proliferated Low Earth Orbit (PLEO) Satellite-Based Services initiative led by the U.S. Space Force. The contract serves as a mechanism for satellite-based services and capabilities to support all domains (space, air, land, maritime, cyber) with consistent, quality backed, low-latency offerings. PAR Government was one of 16 awardees on the PLEO Indefinite Delivery, Indefinite Quantity (ID/IQ) effort, which has a $900M ceiling over five years, with five-year option periods.
Under the direction of Space Systems Command, the ID/IQ effort was orchestrated by the Commercial Satellite Communications Office (CSCO) and is intended to support U.S. Combatant Commands, defense agencies, other federal government agencies, and international coalition partners.
“PAR Government is an innovative leader in the development, management, and delivery of critical, tactical-edge capabilities for our nation’s warfighters. We are enabling timely delivery of commercial space-based services and products directly to the mobile platforms being used by our nation’s defenders at the tactical edge. To that end, the PAR Government team includes best-in-class Synthetic Aperture Radar (SAR) constellation capabilities provided by key partner ICEYE US,” said Michael Nelson, president, PAR Government. “Delivering critical services and information through the PLEO effort exemplifies PAR’s mission of continuously improving the operational effectiveness of our military and our allies.”
PAR Government’s subsidiary, Rome Research Corporation (RRC), is also included in the contract award. RRC has partnered with the Department of Defense (DOD) customers to provide award-winning satellite communications and space-related operations and maintenance services, including 24/7/365 terrestrial communication systems support, IT-related support, telecommunications engineering, and installation services, and ensures the functionality and positioning of government satellite assets for defense agencies worldwide. To date, RRC’s DOD customers have won more than 80 Defense Information Systems Agency (DISA) facility awards.
“PAR Government and ICEYE US have joined forces to create ‘strength-on-strength’ value for the United States Space Force, our military, and allied partners. We are grateful for the opportunity to deliver near-real time persistent monitoring services to decision makers across the DOD under the guidance of Space Systems Command,” said Eric Jensen, CEO at ICEYE US.
ICEYE US builds and operates a constellation of small synthetic aperture radar (SAR) satellites, enabling hourly revisit of any location on earth wherein insights can be derived day, night and through cloud cover. Combined with ICEYE US advanced processing techniques, end users receive reliable, relevant information across various mission applications. PAR Government and ICEYE US are committed to advancing the state of the art concerning commercial sector integration for the United States Space Force.
About PAR Government
PAR Government is a leader in providing computer-based system design, engineering and technical services to the Department of Defense and various federal agencies. An ISO 9001:2015 and 27001:2013 certified company, PAR Government is a wholly owned subsidiary of PAR Technology Corporation (NYSE: PAR), a leading global provider of software, systems, and service solutions to the restaurant and retail industries.
About ICEYE US
ICEYE US builds and operates SAR spacecraft from its manufacturing and 24/7 mission control center in Irvine, California. The company delivers unmatched persistent monitoring capabilities for any location on Earth through the provision of remote sensing data, the delivery of turnkey space systems, and by offering advanced analytic solutions. ICEYE US operates four SAR satellites licensed by NOAA. The parent company, ICEYE, has launched over 20 small satellites since 2018 and today operates the world’s largest synthetic-aperture radar satellite constellation. SAR imagery enables objective, data-driven decisions for end users in sectors such as Earth science, natural catastrophe response, and natural resource management. ICEYE’s data can be collected day or night, and even through cloud cover. For more information, please visit www.iceye.com.
About PAR Technology Corporation.
For more than 40 years, PAR Technology Corporation’s (NYSE Symbol: PAR) cutting-edge products and services have helped bold and passionate restaurant brands build lasting guest relationships. We are the partner enterprise restaurants rely on when they need to serve amazing moments from open to close, during the most hectic rush hours, and when the world forces them to adapt and overcome. More than 70,000 restaurants in more than 110 countries use PAR’s restaurant point-of-sale, customer loyalty and engagement, payments, omnichannel digital ordering and delivery, and back-office software solutions as well as industry leading hardware and drive-thru offerings. To learn more, visit partech.com or connect with us on LinkedIn, Twitter, Facebook, and Instagram.. Additionally, the Company's Environmental, Social, and Governance report can be found at https://www.partech.com/company/ESG.
Read More
Emerging Technology
PR Newswire | August 23, 2023
Hughes Network Systems LLC, an EchoStar company, today announced that it has been awarded a five-year, Indefinite Delivery Indefinite Quantity (IDIQ) contract by the U.S. Space Force for proliferated Low Earth Orbit (LEO) satellite-based services. Under the IDIQ vehicle, valued at up to $900 million, U.S. Department of Defense, other federal agencies and international coalition partners can procure fully managed, low-latency LEO services from Hughes leveraging capacity on two constellations: OneWeb and EchoStar Lyra™.
"As government and defense agencies explore the power and potential of LEO services in delivering capabilities to the warfighter faster and at lower cost, we're proud to offer not one, but two compelling solutions," said Leslie Blaker-Glass, vice president, Hughes. "Our OneWeb offering – with our low-power, light-weight, flat panel antenna – and our next-generation EchoStar Lyra S-band IoT system position us to deliver customers in the DoD and federal government robust and resilient low-latency connectivity at a competitive price."
Hughes previously announced a distribution agreement with OneWeb Technologies Inc., a wholly owned subsidiary of OneWeb, to deliver managed, wideband LEO services to the DoD; those services are now available under the IDIQ and the GSA Schedule. Also available under the IDIQ are narrowband services over the EchoStar Lyra constellation, the system that EchoStar, parent company of Hughes, is developing for Internet of Things (IoT) connectivity and ongoing market development that includes 5G non-terrestrial networks (NTN).
"These important LEO capabilities will give the DoD cost-effective solutions and added reliability and resiliency in satellite communications across all domains and we look forward to addressing upcoming requirements for procurement of these services," added Rick Lober, vice president and general manager, Defense and Government Systems Division, Hughes.
About Hughes
Hughes Network Systems LLC, an EchoStar company, provides broadband equipment and services; managed services featuring smart, software-defined networking; and end-to-end network operation for millions of consumers, businesses, governments and communities worldwide. The Hughes flagship internet service, HughesNet®, connects millions of people across the Americas, and the Hughes JUPITER™ System powers internet access for tens of millions more worldwide. Hughes supplies more than half the global satellite terminal market to leading satellite operators, in-flight service providers, mobile network operators and military customers. A managed network services provider, Hughes supports approximately half a million enterprise sites with its HughesON™ portfolio of wired and wireless solutions.
Read More