Part
01
of three
Part
01
Project List-ASI Security and G4S
G4S won a new five-year contract in 2018 for the Port of Jacksonville, Florida, while ASI Security hired Axis Global Enterprises to renovate the original Dough Boy's and published it on its website on January 23, 2017.
Findings
ASI Security
Project#1:
What The Project Accomplished Or Will Accomplish :
- The project was published on ASI Security's website on January 23, 2017.
- Axis Global Enterprises was hired to renovate the original Dough Boy's, located on the corner of 24th Street and Atlantic Avenue.
- The renovation project was aimed at accomplishing the following: a new indoor/outdoor dining feature, a new horseshoe bar, a fully renovated kitchen, renewed bathrooms, epoxy resin flooring, etc.
Why This Project Is Assumed To Have A Security Component:
- The project was published in ASI Security's website, despite the parent company axis global enterprises having its website at axisge.com.
- Since the project is aimed at accomplishing total facility renovation, which includes indoor and entry restricted areas such as kitchens, it can be reasonably assumed that axis global's integrated security technology solutions, doing business as ASI Security, will be a component of the overall project.
- The cost of this project is not available.
- The news of the project was published on January 23, 2017, and the project was to be fully completed by March 15, 2017.
- There is no mention of other partners involved in the project.
Project#2
What The Project Accomplished Or Will Accomplish :
- On December 1, 2016, Norfolk Airport Authority issued a Contract for the North Lobby Vacant Ticket Counter Renovations Project to Axis Global Enterprises, Inc.
- The work will include the demolition of approximately 4,000 SF of existing airline ticketing office space, construction of about 2,500 SF of new airline ticketing office space and TSA work area; and installation and reconfiguration of baggage handling and screening equipment.
Why This Project Is Assumed To Have A Security Component:
- Apart from being published on the website of ASI Security, the work to be done involves airport lobby ticket counter renovation project, including reconfiguration of baggage handling and screening equipment, which is a part of security applications.
- The total cost of the project is $2million.
- Work began in the fall of 2016. The expected end date was not mentioned. However, it was part of Norfolk International Airport’s long-term master improvement plan.
- The project partner is Delta airlines.
Project#3
What The Project Accomplished Or Will Accomplish :
- On October 18, 2016, United States Mint awarded a multi-state contract to Axis Global Enterprises (Axis) to provide, install, test, and maintain new Under Vehicle Inspection Systems to nine U.S. Mint locations in the United States.
- An Under Vehicle Inspection Systems (UVIS) provides a safe, rapid and thorough method of examining commercial and passenger vehicles’ undercarriages, where the entire underside of the vehicle is scanned to provide a complete full-color image that can be magnified up to 12 times.
Why This Project Is Assumed To Have A Security Component:
- Since the project was to do with scanning of vehicles entering the US Mint, it can be sufficiently assumed to have a security component.
- Moreover, the details were published on the website specific to ASI Security.
- The cost of the project is not available.
- The announcement about winning the contract was declared as October 12, 2016, on the company website. The work was to take place over the next six months.
- There was no partner mentioned in the official announcement.
Project#4
What The Project Accomplished Or Will Accomplish :
- As announced on August 15, 2016, James Madison University, an agency of the Commonwealth of Virginia, awarded Axis Global Enterprises, Inc. (dba ASI Security) two (2) contracts to provide; Intrusion Detection, and Video Surveillance equipment, and services.
- These services to be offered were considered as University's ongoing efforts to standardize systems, limit maintenance, and improve efficiency.
Why This Project Is Assumed To Have A Security Component:
- The announcement clearly states that Axis will implement comprehensive, integrated security components, including but not limited to motion detection, panic alarms, access control, temperature sensors, video surveillance, and additional integrated security equipment based on specific university needs.
- The cost of the project is not available.
- The announcement was made on August 15, 2016. The contract was awarded for one year with the option to renew for four additional one-year periods.
- No partner was mentioned in the official announcement.
G4S
Project#1
What The Project Accomplished Or Will Accomplish :
- In 2018, G4S won a new five-year contract for the Port of Jacksonville, Florida.
- As per the contract, 100 G4S security personnel will secure the port, which is one of the largest in the southern United States and is considered to be critical infrastructure for the US government, moving more than one million containers per year.
- The cost of the project is not available.
- Although the exact dates were not mentioned, it was a five-year contract starting from 2018 to 2023.
- No partner was mentioned in the official announcement.
Project#2
What The Project Accomplished Or Will Accomplish :
- As declared on 25 May 2018, G4S won a new, five-year, Retail Cash Solutions contract with a major US retailer.
- As per the contract, G4S will implement and manage an integrated cash management system using G4S’s proprietary software and service model in more than 500 stores.
- The cost of the project is not available.
- The announcement was published on the company website on 25 May 2018, and the contract was for five years.
- No partner was mentioned in the official announcement.
Project#3
What The Project Accomplished Or Will Accomplish :
- As published on 6th April 2018 on the company website, G4S won a five-year retail solutions contract for a major US chain of membership-only retail warehouse clubs.
- Through the services of G4S, the client was trying to achieve reduced labor costs, improved cash flow, and reduced transportation costs.
- The cost of the project is not Available
- Although the announcement was made on 06 Apr 2018, the contract started in 2017 and was a 5-year long contract.
- No partner was mentioned in the official announcement.
Project#4
What The Project Accomplished Or Will Accomplish :
- In 2009 G4S, was awarded a long term contract for protective services for the National Aeronautics and Space Administration.
- The contract encompassed protective services at six NASA sites across the USA, including fire services, security services, emergency management, export control, protective services training, and protective services information assurance and information technology security.
- The contract was worth up to $2 billion.
- It was a consolidated contract for NASA for a period of up to 10 years starting in 2009. Therefore, the period is 2009–2019.
- Although no partner was not mentioned, the services of the contract were to be performed by G4S' subsidiary, Wackenhut Services Inc. (WSI), of Florida, USA.
Research Strategy:
Strategy#1
We started our search for the project cost with the primary sources first. Primary sources included the websites of the company winning the project, i.e., ASI/Axis and G4S. We looked into their projects section, client reports, case studies, annual filings news, and media releases, etc. Since the company winning the contract generally highlights the news of the contract to boost its credibility and win new contracts, we assumed that the value might be mentioned. However, barring one for each no other contract's value was mentioned in the primary company sources. We also looked into in their annual filings, investor presentations, and shareholder statements to see whether they have provided anything related to the roundup of projects and contracts. However, there was no such mention of the value in these, probably because the value of the contract was below the threshold value a company would like to highlight.
Strategy#2
We then located C-level executives, such as CEOs, CFOs, CMOs, or COOs of all the three companies (Axis, ASI, and G4S) from LinkedIn. Then we searched for the interviews of these executives in sources that publish business and finance news and such C-level interviews in specific sources, including Forbes, Business Insider, Inc.com, etc. We also looked into any Linkedin articles/blogs published under the names of such executives. The rationale behind this search was to locate interviews where top-level executives, while presenting the current stand and growth potential of the company, would emphasize projects won and their worth. However, the top-level executives only talked about overall or sector performance of the company, scope they see in the market, and new solutions they are bringing in.
Strategy#3
Finally, we looked into two separate types of sources. First, we went through third-party news release aggregators such as Business Wire, PRNewswire, Globenewswire, Prweb, etc. Since big contracts struck are often published in such sources for PR irrespective of the field of services, We assumed these sources might have the details. However, there was a limitation of such sources on these sites. And whatever information these aggregators might have been published in dito as was done on the company website. We also looked out for client's websites such as Dough's pizza, Norfolk airport, or United States Mint to find out details of the project, such as the value of the project. However, unlike the recipient of the contract, the clients were presumably not interested in divulging details relating to the outsourcing of work.
What We could not provide:
Although we could provide 4 projects each for ASI and G4S, we could not provide the cost for 3 projects for each.
We also explained why ASI would complete the security portion of the project for its parent Axis Global, in each example.
Owing to these limitations and challenges, the exact information could not be collected, and the research was finally prepared as a partial update to the client.