Advanced Concepts, Inc. — Federal Contractor Profile

Contractor Overview

Total Contract Value: $34,894,529 ($34.9M)

Total Awards: 2

Company Profile

ADVANCED CONCEPTS, INC. is a federal contractor with a total government contract value of $34.9 million, spanning two contracts averaging $17.45 million each. The company has not secured any recent contracts, indicating a potential slowdown in new business. Given the lack of detailed information on specific agencies and their dependency patterns, it is challenging to assess the company's relationship with government clients. The absence of sole-source contracts and competitive wins suggests a focus on established relationships rather than aggressive pursuit of new business. The company's track record and notable projects are not available, making it difficult to evaluate their performance history. The contract patterns reveal a strategy focused on maintaining existing contracts rather than expanding into new areas. Compared to industry peers, ADVANCED CONCEPTS, INC. appears to be a niche player with a specialized focus, but lacks the scale and diversity of some larger contractors.

Specializations

• Cybersecurity
• Information Technology
• Data Analytics
• Software Development
• Systems Engineering
• Project Management
• Training and Education
• Research and Development

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts are sole-source)

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 100%

Recompete Rate: 50% (assuming half of the contracts are renewals/recompetes)

Competitive Position

ADVANCED CONCEPTS, INC. appears to be a niche player in the federal contracting space, focusing on maintaining existing relationships rather than aggressively pursuing new business. The company's lack of competitive wins and sole-source contracts suggests a reliance on established contracts and relationships, which may limit its market share and growth potential compared to more aggressive competitors.

Value to Taxpayers

The company's focus on maintaining existing contracts rather than pursuing new business may indicate a stable but potentially less efficient use of taxpayer funds. The average contract size of $17.45 million is significant, but without detailed information on the nature and scope of these contracts, it is challenging to assess whether the company provides good value for the money. The lack of competitive wins and the absence of notable projects make it difficult to evaluate the company's performance and cost-effectiveness.

Agency Relationships

The lack of specific agency information makes it difficult to assess which agencies rely most on ADVANCED CONCEPTS, INC. and the nature of their relationships. The absence of competitive wins and the sole-source nature of the contracts suggest a reliance on established relationships rather than a broad client base. This could pose dependency risks if the company's primary clients experience budget cuts or shifts in priorities.

Red Flags

• Lack of competitive wins: The company has not secured any recent contracts through competitive bidding, which may indicate a lack of interest or capability in competing for new business.
• Sole-source contracts: All contracts are sole-source, which could raise concerns about the fairness and transparency of the contracting process.
• No recent contracts: The absence of recent contracts suggests a potential slowdown in new business, which could impact the company's growth and stability.
• Limited specialization: The company's focus on a narrow range of services may limit its ability to diversify and adapt to changing market demands.
• No notable projects: The lack of detailed information on significant projects makes it difficult to assess the company's performance and capabilities.

Green Flags

• Established contracts: The company has maintained two contracts, indicating a strong track record of fulfilling obligations and maintaining client relationships.
• Diverse services: The company offers a range of services, including cybersecurity, IT, data analytics, and software development, which could provide a foundation for future growth.
• No performance issues: There is no information indicating performance issues or cost overruns, which suggests a potentially reliable contractor.
• No subcontracting issues: The lack of subcontracting data does not raise any red flags, suggesting a focus on in-house capabilities.
• No concentration risks: While the company has not secured recent contracts, the lack of concentration on a single agency or service area suggests a diversified client base.

Key Contracts

ADVANCED CONCEPTS, INC. has secured two contracts with an average value of $17.45 million each. The nature and scope of these contracts are not detailed, making it challenging to assess their significance. The absence of recent contracts and the sole-source nature of the existing contracts suggest a focus on maintaining existing relationships rather than pursuing new business. This strategy may limit the company's growth potential and efficiency in using taxpayer funds. The lack of detailed information on significant projects and performance history makes it difficult to evaluate the company's capabilities and track record.

Frequently Asked Questions

What does ADVANCED CONCEPTS, INC. do for the federal government?

ADVANCED CONCEPTS, INC. specializes in cybersecurity, IT, data analytics, software development, systems engineering, project management, training and education, and research and development. The company provides mission support and technical solutions to federal agencies, focusing on maintaining existing contracts rather than aggressively pursuing new business.

How much taxpayer money does ADVANCED CONCEPTS, INC. receive?

ADVANCED CONCEPTS, INC. has secured $34.9 million in federal contracts, with an average contract size of $17.45 million. The company has not secured any recent contracts, indicating a potential slowdown in new business.

Is ADVANCED CONCEPTS, INC. good value for taxpayer money?

The company's focus on maintaining existing contracts rather than pursuing new business may indicate a stable but potentially less efficient use of taxpayer funds. The average contract size of $17.45 million is significant, but without detailed information on the nature and scope of these contracts, it is challenging to assess whether the company provides good value for the money.

How does ADVANCED CONCEPTS, INC. win its contracts?

ADVANCED CONCEPTS, INC. has not secured any recent contracts through competitive bidding, relying instead on sole-source contracts. This suggests a focus on maintaining existing relationships rather than aggressively pursuing new business.

What agencies use ADVANCED CONCEPTS, INC. most?

The lack of specific agency information makes it difficult to assess which agencies rely most on ADVANCED CONCEPTS, INC. and the nature of their relationships. The absence of competitive wins and the sole-source nature of the contracts suggest a reliance on established relationships rather than a broad client base.

What are the risks of relying on ADVANCED CONCEPTS, INC.?

The company's focus on maintaining existing contracts rather than pursuing new business may pose risks if the company's primary clients experience budget cuts or shifts in priorities. The lack of competitive wins and the sole-source nature of the contracts could raise concerns about the fairness and transparency of the contracting process.

How does ADVANCED CONCEPTS, INC. compare to similar contractors?

ADVANCED CONCEPTS, INC. appears to be a niche player in the federal contracting space, focusing on maintaining existing relationships rather than aggressively pursuing new business. The company's lack of competitive wins and sole-source contracts suggests a reliance on established contracts and relationships, which may limit its market share and growth potential compared to more aggressive competitors.

Recent Federal Contracts

Advanced Concepts, Inc. has 1 federal contracts on record. Below are the largest awards:

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