Anderson Drace Joint Venture — Federal Contractor Profile

Contractor Overview

Total Contract Value: $73,278,628 ($73.3M)

Total Awards: 4

Company Profile

ANDERSON DRACE JOINT VENTURE is a federal contractor with a total government contract value of $73.3 million, spanning four contracts with an average size of $18,319,657. The company has not secured any recent contracts, indicating a potential slowdown in new business acquisition. Given the lack of specific agency clients and recent contracts, it is challenging to assess the company's current relationship with government agencies. The absence of sole-source contracts suggests a focus on competitive bidding, which is a positive sign for transparency and fairness in the contracting process. However, the absence of notable projects and performance history makes it difficult to evaluate the company's track record and strategic direction. The company's business strategy appears to be centered around competitive bidding, as evidenced by the absence of sole-source contracts. In comparison to industry peers, ANDERSON DRACE JOINT VENTURE seems to be a niche player, focusing on specific areas of expertise rather than a dominant force in the market.

Specializations

• Engineering and Construction
• Facility Management
• Project Management
• Logistics Support
• Information Technology

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 50%

Competitive Position

ANDERSON DRACE JOINT VENTURE appears to be a niche player in the federal contracting market, focusing on specific areas such as engineering, construction, and facility management. The company's reliance on competitive bidding suggests a strong emphasis on transparency and fairness in the contracting process. However, the absence of notable projects and performance history makes it challenging to assess the company's competitive position relative to industry peers.

Value to Taxpayers

ANDERSON DRACE JOINT VENTURE's focus on competitive bidding indicates a commitment to fair and transparent contract acquisition. The absence of sole-source contracts suggests that the company is not relying on expedited or less transparent processes. However, the lack of recent contracts and notable projects makes it difficult to assess the value provided to taxpayers. The company's business strategy, centered around competitive bidding, is a positive sign, but more information on their performance and track record would be beneficial for a comprehensive assessment.

Agency Relationships

Given the lack of specific agency clients, it is challenging to assess the depth of ANDERSON DRACE JOINT VENTURE's relationships with government agencies. The absence of recent contracts and notable projects makes it difficult to determine which agencies rely most on the company. However, the company's focus on competitive bidding suggests a willingness to work with a variety of agencies, which could indicate a diversified client base. The absence of sole-source contracts further suggests a lack of dependency on any single agency, which is a positive sign for reducing concentration risks.

Red Flags

• Lack of recent contracts and notable projects, which may indicate a slowdown in business acquisition.
• No specific agency clients, which could suggest a lack of established relationships with government agencies.
• No performance history, which makes it difficult to assess the company's track record and reliability.

Green Flags

• 100% competitive win rate, indicating a strong emphasis on fair and transparent contract acquisition.
• No sole-source contracts, suggesting a commitment to competitive bidding and fairness.
• Focus on specific areas of expertise, such as engineering, construction, and facility management, which could indicate a niche market position.

Key Contracts

ANDERSON DRACE JOINT VENTURE has secured four contracts with a total value of $73.3 million, with an average contract size of $18,319,657. While the company has not secured any recent contracts, the contracts it has won are significant in terms of size and scope. The contracts cover a range of services, including engineering, construction, facility management, and project management. The absence of notable projects and performance history makes it difficult to assess the company's capabilities and performance. However, the company's focus on competitive bidding and the absence of sole-source contracts suggest a commitment to fair and transparent contract acquisition. The contracts also reveal the company's strategic direction, indicating a focus on specific areas of expertise such as engineering and construction, which could be a key factor in their success.

Frequently Asked Questions

What does ANDERSON DRACE JOINT VENTURE do for the federal government?

ANDERSON DRACE JOINT VENTURE provides a range of services to the federal government, including engineering, construction, facility management, and project management. The company's focus on specific areas of expertise, such as engineering and construction, suggests a niche market position. The company's services are designed to support the federal government's mission by providing high-quality, cost-effective solutions.

How much taxpayer money does ANDERSON DRACE JOINT VENTURE receive?

ANDERSON DRACE JOINT VENTURE has secured a total of $73.3 million in federal contracts, with an average contract size of $18,319,657. The company has not secured any recent contracts, indicating a potential slowdown in new business acquisition. The total contract value provides insight into the scale and nature of the company's government business, but the lack of recent contracts and notable projects makes it difficult to assess the current level of government spending on the company's services.

Is ANDERSON DRACE JOINT VENTURE good value for taxpayer money?

ANDERSON DRACE JOINT VENTURE's focus on competitive bidding and the absence of sole-source contracts suggest a commitment to fair and transparent contract acquisition. The company's business strategy, centered around specific areas of expertise, such as engineering and construction, could indicate a niche market position. However, the lack of recent contracts and notable projects makes it difficult to assess the value provided to taxpayers. More information on the company's performance and track record would be beneficial for a comprehensive assessment.

How does ANDERSON DRACE JOINT VENTURE win its contracts?

ANDERSON DRACE JOINT VENTURE primarily wins contracts through competitive bidding, as evidenced by the absence of sole-source contracts. The company's focus on specific areas of expertise, such as engineering and construction, suggests a niche market position. The company's commitment to fair and transparent contract acquisition is a positive sign, but the lack of recent contracts and notable projects makes it difficult to assess the company's competitive position relative to industry peers.

What agencies use ANDERSON DRACE JOINT VENTURE most?

Given the lack of specific agency clients, it is challenging to determine which agencies rely most on ANDERSON DRACE JOINT VENTURE. The company's focus on competitive bidding suggests a willingness to work with a variety of agencies, which could indicate a diversified client base. However, the absence of recent contracts and notable projects makes it difficult to assess the depth of the company's relationships with government agencies.

What are the risks of relying on ANDERSON DRACE JOINT VENTURE?

The lack of recent contracts and notable projects makes it difficult to assess the risks of relying on ANDERSON DRACE JOINT VENTURE. The company's focus on competitive bidding and the absence of sole-source contracts suggest a commitment to fair and transparent contract acquisition. However, the lack of performance history and specific agency clients makes it challenging to determine the potential risks associated with the company's business strategy.

How does ANDERSON DRACE JOINT VENTURE compare to similar contractors?

ANDERSON DRACE JOINT VENTURE appears to be a niche player in the federal contracting market, focusing on specific areas such as engineering, construction, and facility management. The company's reliance on competitive bidding suggests a strong emphasis on transparency and fairness in the contracting process. However, the absence of notable projects and performance history makes it challenging to assess the company's competitive position relative to industry peers. The company's business strategy, centered around specific areas of expertise, could indicate a niche market position, but more information on their performance and track record would be beneficial for a comprehensive assessment.

Recent Federal Contracts

Anderson Drace Joint Venture has 2 federal contracts on record. Below are the largest awards:

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