Thank you for your time the problem is fixed. My kid set the supervisor password O_o He is NOT a happy camper..
I bought this computer in an auction and have talked to the organization's IT department and they have no idea why this machine would have a password on it at all. SDD has been wiped, unable to boot from USB because I can't access the boot sequence options (F12) because password required. I am removing the battery and leaving out overnight to see if that works. I am majorly stumped here, any suggestions/insights appreciated.   What I have tried already: Removing the battery for 15min. Switched jumper from pins 2&3 to pins 2&1 ~ left switched for up to 15min - both with battery in & out.    
XPS One 27 2710 - Can't Rest Bios/CMOS or Bios Password