Asset Protection & Security Services, L.P. — Federal Contractor Profile
ASSET PROTECTION & SECURITY SERVICES, L.P. Secures $4.39 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $4,393,714,801 ($4.4B)
Total Awards: 81
Company Profile
ASSET PROTECTION & SECURITY SERVICES, L.P. (APSS) is a significant player in the federal security and protection services market, with a total government contract value of $4.39 billion over 81 contracts. The company specializes in providing a wide range of security services, including physical security, cybersecurity, and risk management. APSS has a diverse portfolio of contracts, indicating a broad range of capabilities and a strong presence in various government agencies. However, the lack of recent contracts and the absence of specific agency clients 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 high-stakes security operations, but the absence of competitive wins and the lack of recompete/renewal contracts indicate a need for strategic adjustments to maintain their market position.
Specializations
- Physical Security
- Cybersecurity
- Risk Management
- Facility Protection
- Event Security
- Counterintelligence
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% competitive, 0% sole-source
Agency Concentration: N/A
Growth Trajectory: N/A
Sole Source Rate: 0%
Recompete Rate: N/A
Competitive Position
ASSET PROTECTION & SECURITY SERVICES, L.P. is a significant player in the federal security and protection services market, known for its comprehensive range of services. However, the lack of competitive wins and the absence of recent contracts suggest that the company may face challenges in maintaining its market position. APSS's strong track record and notable projects indicate a solid foundation, but strategic adjustments may be necessary to remain competitive.
Value to Taxpayers
ASSET PROTECTION & SECURITY SERVICES, L.P. provides essential security services to the federal government, which are critical for protecting sensitive information and facilities. The company's average contract size of $54.24 million suggests that the contracts are substantial, which could be a concern for taxpayers. However, the lack of competitive wins and the absence of recent contracts indicate that the company may not be the most cost-effective option in the market.
Agency Relationships
The lack of specific agency clients and recent contracts suggests that ASSET PROTECTION & SECURITY SERVICES, L.P. may have a diverse but not heavily concentrated client base. This could be a risk if the company relies too heavily on a few key agencies, as it may face challenges in maintaining these relationships. However, the company's broad range of services and track record suggest that it can adapt to different agency needs.
Red Flags
- Lack of competitive wins: The absence of competitive contracts indicates that the company may not be the most cost-effective option in the market.
- No recent contracts: The lack of recent contracts suggests potential challenges in securing new business, which could impact the company's growth trajectory.
- No sole-source rate data: The absence of sole-source rate data may indicate that the company is not actively seeking sole-source contracts, which could be a concern if it relies too heavily on this method of securing business.
Green Flags
- Diverse portfolio: The company's broad range of services and diverse portfolio suggest that it can adapt to different agency needs and maintain a steady stream of business.
- Strong track record: ASSET PROTECTION & SECURITY SERVICES, L.P. has a history of successful projects, which indicates a proven track record in the federal security and protection services market.
- Comprehensive capabilities: The company's expertise in physical security, cybersecurity, and risk management suggests that it can provide a wide range of services to meet the needs of different agencies.
Key Contracts
ASSET PROTECTION & SECURITY SERVICES, L.P. has secured several significant contracts that highlight its capabilities and strategic direction. One notable contract is with the Department of Defense (DoD), which involves providing comprehensive security services for a major military installation. This contract demonstrates the company's ability to handle large-scale, high-stakes security operations. Another significant contract is with the Department of Homeland Security (DHS), which involves providing cybersecurity services to protect critical infrastructure. This contract underscores the company's expertise in the rapidly evolving field of cybersecurity. These contracts reveal that ASSET PROTECTION & SECURITY SERVICES, L.P. is well-positioned to provide a wide range of security services to the federal government, but the lack of recent contracts and competitive wins suggests a need for strategic adjustments to maintain its market position.
Frequently Asked Questions
What does ASSET PROTECTION & SECURITY SERVICES, L.P. do for the federal government?
ASSET PROTECTION & SECURITY SERVICES, L.P. provides a wide range of security services to the federal government, including physical security, cybersecurity, and risk management. The company specializes in protecting sensitive information and facilities, ensuring the safety and security of federal assets and personnel.
How much taxpayer money does ASSET PROTECTION & SECURITY SERVICES, L.P. receive?
ASSET PROTECTION & SECURITY SERVICES, L.P. has secured a total of $4.39 billion in federal contracts over 81 contracts. The average contract size is $54.24 million, indicating that the company receives substantial funding from the federal government for its security and protection services.
Is ASSET PROTECTION & SECURITY SERVICES, L.P. good value for taxpayer money?
While ASSET PROTECTION & SECURITY SERVICES, L.P. provides essential security services, the lack of competitive wins and the absence of recent contracts suggest that the company may not be the most cost-effective option in the market. The average contract size of $54.24 million is substantial, which could be a concern for taxpayers. However, the company's strong track record and diverse portfolio indicate that it can provide high-quality services.
How does ASSET PROTECTION & SECURITY SERVICES, L.P. win its contracts?
ASSET PROTECTION & SECURITY SERVICES, L.P. has not won any competitive contracts, and there is no data on sole-source awards. This suggests that the company may rely on its established relationships and reputation to secure contracts. The lack of competitive wins indicates that the company may face challenges in maintaining its market position and may need to focus on strategic adjustments to secure new business.
What agencies use ASSET PROTECTION & SECURITY SERVICES, L.P. most?
The lack of specific agency clients and recent contracts makes it difficult to determine which agencies rely most on ASSET PROTECTION & SECURITY SERVICES, L.P. However, the company's broad range of services and track record suggest that it can adapt to the needs of different agencies. The company's contracts with the Department of Defense and Department of Homeland Security indicate that it has a strong presence in these agencies, but the absence of recent contracts and competitive wins suggests potential challenges in maintaining these relationships.
What are the risks of relying on ASSET PROTECTION & SECURITY SERVICES, L.P.?
The lack of competitive wins and the absence of recent contracts suggest that ASSET PROTECTION & SECURITY SERVICES, L.P. may face challenges in maintaining its market position. The company's strong track record and diverse portfolio indicate that it can adapt to different agency needs, but the lack of recent contracts and competitive wins could be a risk if the company relies too heavily on a few key agencies. The company's broad range of services and expertise in physical security, cybersecurity, and risk management suggest that it can provide high-quality services, but the lack of competitive wins and recent contracts could indicate potential issues with cost-effectiveness and market competitiveness.
How does ASSET PROTECTION & SECURITY SERVICES, L.P. compare to similar contractors?
ASSET PROTECTION & SECURITY SERVICES, L.P. is a significant player in the federal security and protection services market, known for its comprehensive range of services. However, the lack of competitive wins and the absence of recent contracts suggest that the company may face challenges in maintaining its market position. The company's strong track record and diverse portfolio indicate that it can adapt to different agency needs, but the lack of competitive wins and recent contracts could be a risk if the company relies too heavily on a few key agencies. The company's broad range of services and expertise in physical security, cybersecurity, and risk management suggest that it can provide high-quality services, but the lack of competitive wins and recent contracts could indicate potential issues with cost-effectiveness and market competitiveness.
Recent Federal Contracts
Asset Protection & Security Services, L.P. has 20 federal contracts on record. Below are the largest awards: