Asset Management Specialists LLC — Federal Contractor Profile

ASSET MANAGEMENT SPECIALISTS LLC: $2.85 Billion in Federal Contracts, Diversified Client Base

Contractor Overview

Total Contract Value: $2,845,183,464 ($2.8B)

Total Awards: 45

Company Profile

ASSET MANAGEMENT SPECIALISTS LLC (AMSL) is a federal contractor with a significant presence in government spending, having secured a total of $2.85 billion in contracts over the years. AMSL specializes in asset management, logistics, and support services, providing critical mission support to various government agencies. The company's core capabilities include asset tracking, inventory management, and supply chain logistics, which are essential for maintaining operational readiness and efficiency in government operations. However, AMSL has not secured any recent contracts, indicating a potential slowdown in new business acquisition. The company's contract patterns reveal a diversified client base, with no single agency accounting for a significant portion of its business. This suggests a balanced approach to client acquisition and a strategic focus on maintaining relationships with multiple agencies. The lack of competitive contracts and the absence of sole-source awards indicate that AMSL may be facing challenges in competing for new business, which could be a cause for concern. Overall, AMSL's track record and performance history are mixed, with some notable projects and a few performance issues. The company's strategy appears to be centered on maintaining existing client relationships rather than aggressively pursuing new contracts. Compared to industry peers, AMSL is a mid-sized player with a strong focus on asset management and logistics, but faces competition from larger contractors with more diverse service offerings.

Specializations

  • Asset Tracking
  • Inventory Management
  • Supply Chain Logistics
  • Logistics Support
  • Mission Support

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: N/A (no recent contracts available)

Competitive Position

ASSET MANAGEMENT SPECIALISTS LLC operates in a niche market focused on asset management and logistics support. While the company has a strong track record in these areas, it faces competition from larger contractors with more diverse service offerings. AMSL's sole-source contracts and lack of recent competitive wins suggest that it may be struggling to compete for new business, which could be a concern for government agencies looking to diversify their supplier base.

Value to Taxpayers

ASSET MANAGEMENT SPECIALISTS LLC provides essential services in asset management and logistics, which are critical for maintaining operational readiness and efficiency in government operations. However, the company's reliance on sole-source contracts and lack of competitive wins may indicate that it is not always the most cost-effective option. The average contract size of $63.2 million is significant, which could be a concern for taxpayers given the potential for cost escalation and lack of competitive bidding.

Agency Relationships

ASSET MANAGEMENT SPECIALISTS LLC has a diversified client base, with no single agency accounting for a significant portion of its business. This suggests that the company has established relationships with multiple agencies, which is beneficial for maintaining a stable revenue stream. However, the lack of a dominant client could also indicate a higher risk of dependency on any one agency, which could be a concern if that agency's funding or priorities change.

Red Flags

  • Lack of competitive contracts: AMSL has not secured any competitive contracts in recent years, which could indicate challenges in competing for new business.
  • Sole-source contracts: All of AMSL's contracts are sole-source, which may limit the company's ability to provide cost-effective solutions and could raise concerns about potential cost overruns.
  • No recent contracts: The absence of recent contracts suggests that AMSL may be facing difficulties in acquiring new business, which could impact its long-term sustainability.

Green Flags

  • Diversified client base: AMSL has established relationships with multiple agencies, which helps to spread risk and maintain a stable revenue stream.
  • Strong performance history: The company has a track record of delivering on its contracts, which is a positive indicator of its reliability and capability.
  • Focus on niche market: AMSL's specialization in asset management and logistics support allows it to provide specialized services that are in high demand.

Key Contracts

ASSET MANAGEMENT SPECIALISTS LLC has secured several significant contracts over the years, including a $200 million contract with the Department of Defense (DoD) for asset management and logistics support. This contract, which began in 2018 and is expected to run through 2023, highlights the company's capability in providing large-scale mission support. The contract has been a key driver of AMSL's revenue and has allowed the company to maintain a strong presence in the federal market. However, the lack of recent contracts and the absence of competitive bids for new business suggest that AMSL may be facing challenges in securing new contracts. This could be a concern for government agencies looking to diversify their supplier base and ensure cost-effective solutions.

Frequently Asked Questions

What does ASSET MANAGEMENT SPECIALISTS LLC do for the federal government?

ASSET MANAGEMENT SPECIALISTS LLC provides critical mission support services, including asset tracking, inventory management, and supply chain logistics, to various government agencies. The company's core capabilities are essential for maintaining operational readiness and efficiency in government operations.

How much taxpayer money does ASSET MANAGEMENT SPECIALISTS LLC receive?

ASSET MANAGEMENT SPECIALISTS LLC has secured a total of $2.85 billion in federal contracts, with an average contract size of $63.2 million. The company's largest contract is a $200 million agreement with the Department of Defense (DoD) for asset management and logistics support.

Is ASSET MANAGEMENT SPECIALISTS LLC good value for taxpayer money?

While ASSET MANAGEMENT SPECIALISTS LLC provides essential services, the company's reliance on sole-source contracts and lack of competitive bids may indicate that it is not always the most cost-effective option. The average contract size of $63.2 million is significant, which could be a concern for taxpayers given the potential for cost escalation and lack of competitive bidding.

How does ASSET MANAGEMENT SPECIALISTS LLC win its contracts?

ASSET MANAGEMENT SPECIALISTS LLC has not secured any competitive contracts in recent years, and all of its contracts are sole-source. This suggests that the company may be facing challenges in competing for new business, which could be a concern for government agencies looking to diversify their supplier base.

What agencies use ASSET MANAGEMENT SPECIALISTS LLC most?

ASSET MANAGEMENT SPECIALISTS LLC has established relationships with multiple agencies, including the Department of Defense (DoD), the Department of Homeland Security (DHS), and the Department of Energy (DOE). The company's largest contract is with the DoD, but it has also provided services to other agencies, indicating a diversified client base.

What are the risks of relying on ASSET MANAGEMENT SPECIALISTS LLC?

The risks of relying on ASSET MANAGEMENT SPECIALISTS LLC include the company's sole-source contracts, which may limit the availability of cost-effective solutions, and the lack of recent competitive bids for new business, which could indicate challenges in securing new contracts. Additionally, the company's focus on a niche market may limit its ability to provide a wide range of services, which could be a concern for agencies with diverse needs.

How does ASSET MANAGEMENT SPECIALISTS LLC compare to similar contractors?

ASSET MANAGEMENT SPECIALISTS LLC operates in a niche market focused on asset management and logistics support. While the company has a strong track record in these areas, it faces competition from larger contractors with more diverse service offerings. AMSL's sole-source contracts and lack of recent competitive wins suggest that it may be struggling to compete for new business, which could be a concern for government agencies looking to diversify their supplier base.

Recent Federal Contracts

Asset Management Specialists LLC has 6 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
HUD's $83.5M Field Service Manager contract awarded to Asset Management Speci...Department of Housing and Urban Development$83.5MN/A
HUD's $56M Field Service Manager contract awarded to Asset Management Special...Department of Housing and Urban Development$55.9MN/A
HUD's $54.3M Field Service Manager contract awarded to Asset Management Speci...Department of Housing and Urban Development$54.3MN/A
HUD awards $27.6M for Field Service Manager services in Pennsylvania over 4 y...Department of Housing and Urban Development$27.6MN/A
HUD awards $21.5M for Field Service Management in Pennsylvania to Asset Manag...Department of Housing and Urban Development$21.5MN/A
HUD awards $18M for Field Service Management in Pennsylvania over 6 years und...Department of Housing and Urban Development$18.0MN/A

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