G4S was heavily criticised for its handling of the Olympic Games security contract last summer.
This is the highest profile border security contract since a 2006 agreement with Boeing, known as SBInet.
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It has decided not to bid for the security contract for the 2016 Olympic Games in Rio de Janeiro.
The company, ArmorGroup, North America, has a security contract with the State Department to provide services through July 2010.
The Department of Homeland Security (DHS) plans to award a new border security contract, reportedly valued at USD 390m.
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The company had a security contract for operations in Iraq under the U.S. State Department until May, when the federal government declined to renew the contract.
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The Department of Homeland Security gave out the contract for the 87, 000-square-foot plant Thursday, DHS spokeswoman Nicole Stickel said.
This requires a reinvention of the social contract around security and benefits.
Smaller boat owners wishing to navigate close to areas of concern would also be able to contract for security for their transit.
It simply removes the union security clause from the contract, giving workers the choice of whether they want to be members of the union.
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That means they own the security underlying the option contract.
Online retailer Amazon has ended the contract of a security firm employed at one of its German warehouses, following complaints about workers' conditions.
He said he regretted signing the contract to provide security for the Olympics telling MPs it was a "huge logistical challenge" to supply 10, 000 staff.
Perhaps, but the mutual security of an ordinary employment contract disappears.
But you might find it difficult to set up a new account until you have suitable personal identification in your new destination (such as a job or rental contract or social security number in the US), so make sure you have a decent credit card with zero foreign transaction fees to get you through the first few weeks.
Plus, exercising a put option (a contract to sell a security at a set price within a given time period) subjects you to the risks of market timing.
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"In a very difficult retail environment this move into contract supply means job security for the existing staff and the creation of new positions within the company, " added Mr Mclean.
Under the plan, after a transitional period of 18 months, Mineta would make an airport-by-airport determination on whether to make the existing security screeners federal employees or to contract the work out.
Under the plan, after a transitional period of 18 months, the secretary of transportation would make an airport-by-airport determination on whether to make the existing security screeners federal employees or to contract the work out.
DynCorp has been mentioned as a possible replacement for Blackwater USA in the contract to provide armed security for diplomats in Iraq following a string of security incidents involving Blackwater guards, including a September shooting that left 17 Iraqis dead.
President Bush is willing to impose his version of airport security by executive order if Congress doesn't pass a bill that allows the federal government to contract with private companies to provide airport and baggage security, a key House GOP ally of the Bush White House told CNN.
Such information is essential to national security and the parties will not "contract out" for it.
The security firm is currently rebidding for the contract and a decision is expected later this year.
Miller joined a Baltimore company called Independent Security Evaluators in 2007, and his contract hasn't allowed him to sell bugs independently.
But one thing the new GM contract provides is some job security.
Earlier this month, Argenbright chose not to renew its contract with the Philadelphia Airport for security screening.
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Frischling said the agents threatened to call a client -- an airline -- and have them sever his contract, saying he was a security threat.
Mr McCormick was due back in court and was being transferred by private security firm Reliance, which took over the contract for the transport of offenders last week.
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