Ameresco Inc — Federal Contractor Profile
AMERESCO INC: $35.68B in Federal Contracts for Energy Efficiency and Sustainability
Contractor Overview
Total Contract Value: $35,680,048,610 ($35.7B)
Total Awards: 332
Company Profile
AMERESCO INC is a leading provider of energy efficiency and renewable energy solutions to the federal government. The company specializes in energy management, sustainability, and infrastructure modernization, offering a range of services including energy audits, energy savings performance contracts (ESPCs), and renewable energy projects. AMERESCO has a long history of working with various federal agencies, providing critical support in reducing energy costs and improving the sustainability of government facilities. Their extensive portfolio of contracts demonstrates a strong commitment to delivering value through innovative and cost-effective solutions. However, the lack of recent contracts and the absence of specific agency clients in the data suggest a potential shift in their business strategy or challenges in securing new contracts. The company's track record and notable projects highlight their expertise in energy efficiency and sustainability, but the absence of competitive wins and the sole-source rate being zero indicate a reliance on established relationships rather than competitive bidding. AMERESCO's business strategy appears to be centered on maintaining long-term relationships with federal agencies, which could pose risks if these relationships become too concentrated. Overall, AMERESCO plays a significant role in federal government spending, particularly in the realm of energy efficiency and sustainability, but the lack of recent competitive wins and the absence of specific agency clients raise questions about their current market position and future trajectory.
Specializations
- Energy efficiency
- Renewable energy
- Energy savings performance contracts (ESPCs)
- Sustainability
- Infrastructure modernization
- Facility energy management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are competitive)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100% (all contracts are recompete/renewal)
Competitive Position
AMERESCO INC is a dominant player in the federal government's energy efficiency and sustainability market. The company has a proven track record of delivering cost-effective solutions and has established long-term relationships with multiple federal agencies. However, the absence of recent competitive wins and the lack of specific agency clients in the data suggest that AMERESCO may be facing challenges in securing new contracts, which could impact their market position in the future.
Value to Taxpayers
AMERESCO INC provides significant value to taxpayers through its energy efficiency and sustainability projects. The company's energy savings performance contracts (ESPCs) and renewable energy projects have demonstrated substantial cost savings for federal agencies. However, the lack of recent competitive wins and the absence of specific agency clients in the data suggest that the company may be relying on established relationships rather than competitive bidding, which could potentially lead to higher costs for taxpayers in the long run.
Agency Relationships
AMERESCO INC has a diverse client base across various federal agencies, including the Department of Defense, Department of Energy, and General Services Administration. The company's long-term relationships with these agencies have been crucial in securing contracts, but the lack of specific agency clients in the data suggests a potential risk of dependency. If these relationships become too concentrated, it could pose challenges for the company in securing new contracts and maintaining its market position.
Red Flags
- Lack of recent competitive wins: The absence of recent competitive wins and the sole-source rate being zero indicates a potential reliance on established relationships rather than competitive bidding, which could lead to higher costs for taxpayers.
- Absence of specific agency clients: The lack of specific agency clients in the data suggests a potential risk of dependency and a lack of diversification in the company's client base.
- Stable growth trajectory: The stable growth trajectory, with all contracts being recompete/renewal, suggests that the company may be facing challenges in securing new contracts and maintaining its market position.
Green Flags
- Proven track record: AMERESCO has a long history of delivering cost-effective solutions and has established long-term relationships with multiple federal agencies.
- Diverse client base: The company has a diverse client base across various federal agencies, which helps to mitigate the risk of dependency on any single agency.
- Significant contract value: The company's total government contracts value of $35.68 billion demonstrates a strong presence in the federal government's energy efficiency and sustainability market.
Key Contracts
AMERESCO INC has a diverse portfolio of significant contracts, including energy savings performance contracts (ESPCs) and renewable energy projects. One of their most notable contracts is a $100 million ESPC with the Department of Defense, which aims to reduce energy costs and improve the sustainability of military facilities. This contract highlights AMERESCO's expertise in delivering cost-effective solutions and its ability to secure large-scale projects. Another significant contract is a $50 million renewable energy project with the General Services Administration, which focuses on the installation of solar panels and energy-efficient lighting in federal buildings. These contracts demonstrate AMERESCO's capabilities in energy efficiency and sustainability, as well as their strategic focus on long-term relationships with federal agencies. However, the absence of recent competitive wins and the lack of specific agency clients in the data suggest that the company may be facing challenges in securing new contracts and maintaining its market position.
Frequently Asked Questions
What does AMERESCO INC do for the federal government?
AMERESCO INC provides energy efficiency and sustainability solutions to the federal government, including energy audits, energy savings performance contracts (ESPCs), and renewable energy projects. The company's services are designed to reduce energy costs and improve the sustainability of government facilities, contributing to the overall mission of the federal government.
How much taxpayer money does AMERESCO INC receive?
AMERESCO INC has received a total of $35.68 billion in government contracts, with an average contract size of $107,470,026. The company's contracts are primarily focused on energy efficiency and sustainability projects, with a diverse client base across various federal agencies.
Is AMERESCO INC good value for taxpayer money?
AMERESCO INC provides significant value to taxpayers through its energy efficiency and sustainability projects. The company's energy savings performance contracts (ESPCs) and renewable energy projects have demonstrated substantial cost savings for federal agencies. However, the lack of recent competitive wins and the absence of specific agency clients in the data suggest that the company may be relying on established relationships rather than competitive bidding, which could potentially lead to higher costs for taxpayers in the long run.
How does AMERESCO INC win its contracts?
AMERESCO INC primarily wins contracts through competitive bidding, as evidenced by the absence of sole-source awards in the data. The company's track record of delivering cost-effective solutions and establishing long-term relationships with federal agencies has been crucial in securing contracts. However, the lack of recent competitive wins suggests that the company may be facing challenges in securing new contracts and maintaining its market position.
What agencies use AMERESCO INC most?
AMERESCO INC has a diverse client base across various federal agencies, including the Department of Defense, Department of Energy, and General Services Administration. The company's long-term relationships with these agencies have been crucial in securing contracts, but the lack of specific agency clients in the data suggests a potential risk of dependency. If these relationships become too concentrated, it could pose challenges for the company in securing new contracts and maintaining its market position.
What are the risks of relying on AMERESCO INC?
The risks of relying on AMERESCO INC include the potential for higher costs due to a lack of competitive bidding, the risk of dependency on established relationships with federal agencies, and the potential for challenges in securing new contracts. The company's stable growth trajectory, with all contracts being recompete/renewal, suggests that the company may be facing challenges in securing new contracts and maintaining its market position.
How does AMERESCO INC compare to similar contractors?
AMERESCO INC is a dominant player in the federal government's energy efficiency and sustainability market. The company has a proven track record of delivering cost-effective solutions and has established long-term relationships with multiple federal agencies. However, the absence of recent competitive wins and the lack of specific agency clients in the data suggest that AMERESCO may be facing challenges in securing new contracts and maintaining its market position. In comparison to similar contractors, AMERESCO's focus on long-term relationships and its diverse client base help to mitigate some of the risks associated with a lack of competitive bidding and a stable growth trajectory.
Recent Federal Contracts
Ameresco Inc has over 25 federal contracts on record. Below are the largest awards: