C2 Alaska Keeps SEC’s $2.5 Billion Support Services Contract

The Securities and Exchange Commission reasonably awarded C2 Alaska LLC a $2.5 billion maximum value contract for professional contractor support services, despite a protest by CBF Partners JV LLC, the GAO said in a decision released Wednesday.

CBF failed to prove that the agency should have found that C2 Alaska lacked experience to be eligible for the award, the Government Accountability Office said.

The agency reasonably determined that an affiliate of C2 Alaska—that is wholly owned by common parent company Chenga Corp.—performed a prior contract with more than 150 contractor personnel as required by the solicitation. And that the affiliate ...