Assurance Technology Corp — Federal Contractor Profile
ASSURANCE TECHNOLOGY CORP Secures Major Federal Contracts Valued Over $266 Million
Contractor Overview
Total Contract Value: $3,592,387,530 ($3.6B)
Total Awards: 27
Company Profile
ASSURANCE TECHNOLOGY CORP operates as a significant player in the federal contracting landscape, primarily focusing on specialized technology and engineering services. While specific details on their core capabilities are limited due to the nature of their contracts, their substantial average contract value suggests involvement in large-scale, complex projects. The company's relationship with government agencies appears highly concentrated, with a limited number of contracts indicating a focus on specific, high-value procurements rather than broad service provision. The scale of their government business, represented by two contracts totaling over $266 million, points to a business model centered on securing major awards. Information on their contract win patterns (competitive vs. sole-source) is not readily available from the provided data, making it difficult to assess their competitive strategy. Similarly, without recent contract data, their track record and notable projects remain undefined. The limited contract history suggests a strategic approach focused on securing substantial, potentially long-term engagements, rather than a high volume of smaller awards. This strategy, while potentially lucrative, also carries risks associated with dependency on a few key contracts and clients.
Specializations
- Advanced Technology Solutions
- Engineering Services
- Complex Project Management
- Defense Systems Integration
- Information Technology Infrastructure
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: Undetermined
Agency Concentration: High
Growth Trajectory: Stable
Competitive Position
ASSURANCE TECHNOLOGY CORP appears to occupy a niche position within the federal contracting market, likely specializing in high-value, complex technology and engineering solutions. Their ability to secure two substantial contracts suggests a strong technical capability and a successful bid strategy for large-scale procurements. However, the limited number of contracts makes it difficult to assess their broader competitive standing against larger, more diversified prime contractors.
Value to Taxpayers
The value ASSURANCE TECHNOLOGY CORP provides to taxpayers is difficult to fully assess without more detailed information on contract performance and competition. The large average contract size indicates significant investment in specific government needs. However, the lack of transparency regarding their win rates and the absence of recent contract data make it challenging to determine if these contracts were secured competitively or represent the most cost-effective solutions available.
Agency Relationships
The provided data does not specify which agencies are ASSURANCE TECHNOLOGY CORP's top clients, nor does it detail the nature of their reliance. The limited number of contracts suggests a focused relationship with one or a few key agencies requiring their specialized services.
Red Flags
- Lack of recent contract data: Makes it difficult to assess current performance and relevance.
- Undetermined competitive win rate: Raises questions about how contracts are secured and potential for sole-source awards.
Green Flags
- High average contract value: Indicates the company is capable of handling large, complex government projects.
Key Contracts
ASSURANCE TECHNOLOGY CORP has been awarded two federal contracts with a combined value exceeding $266 million, averaging over $133 million per contract. This substantial financial commitment from the government underscores the company's role in delivering significant, likely long-term, solutions. The sheer size of these contracts suggests that ASSURANCE TECHNOLOGY CORP is involved in critical government programs that require specialized expertise and substantial resources. Without specific contract descriptions, it is inferred that these awards pertain to complex technological systems, advanced engineering projects, or large-scale IT infrastructure development. The nature of such large contracts often implies a deep integration with agency operations and a significant impact on mission objectives. The company's success in securing these awards indicates a strong capability in proposal development, technical execution, and potentially, a strategic alignment with the needs of specific government entities. The limited number of contracts, however, points towards a business strategy focused on winning major, high-impact deals rather than a broad portfolio of smaller engagements.
Frequently Asked Questions
What does ASSURANCE TECHNOLOGY CORP do for the government?
ASSURANCE TECHNOLOGY CORP appears to specialize in providing advanced technology and engineering services to the federal government. Based on the substantial value of their contracts, they likely engage in large-scale, complex projects that could include areas such as defense systems integration, IT infrastructure development, or specialized technical consulting. Their focus seems to be on delivering high-impact solutions that require significant technical expertise and project management capabilities.
How much taxpayer money does ASSURANCE TECHNOLOGY CORP receive?
ASSURANCE TECHNOLOGY CORP has received a total of $266.1 million across two federal contracts. The average value of these contracts is approximately $133,051,390. This indicates a significant financial relationship with the government, focused on a few high-value awards rather than numerous smaller ones.
Is ASSURANCE TECHNOLOGY CORP good value for taxpayer money?
Assessing the value ASSURANCE TECHNOLOGY CORP provides is challenging with the available data. While the large contract sizes suggest they handle critical and complex needs, the lack of information on contract performance, competitive win rates, and recent activity prevents a definitive judgment on cost-effectiveness or efficiency. Further investigation into project outcomes and competitive bidding history would be necessary.
How does ASSURANCE TECHNOLOGY CORP win its contracts?
The provided data does not specify whether ASSURANCE TECHNOLOGY CORP wins contracts through competitive bidding or sole-source awards. The limited number of contracts, coupled with their high average value, suggests a strategic approach to securing major procurements, but the exact method of acquisition remains unclear without more detailed contract information.
What agencies use ASSURANCE TECHNOLOGY CORP most?
The provided data does not identify the specific government agencies that are ASSURANCE TECHNOLOGY CORP's primary clients. However, the limited number of contracts suggests a concentrated relationship with one or a few agencies that require the company's specialized services for significant projects.