Balfour Beatty/Smoot, a Joint Venture — Federal Contractor Profile
Balfour Beatty/Smoot, a Joint Venture, Secures $864.9 Million in Federal Contracts
Contractor Overview
Total Contract Value: $864,921,384 ($864.9M)
Total Awards: 12
Company Profile
Balfour Beatty/Smoot, a joint venture, specializes in construction, engineering, and infrastructure services for the federal government. With a total contract value of $864.9 million over 12 contracts, the company demonstrates a significant presence in government spending. However, the absence of recent contracts and a lack of specific agency clients suggests a potentially volatile business model. The company has not relied on sole-source contracts, indicating a focus on competitive bidding. Notable projects include various infrastructure and construction initiatives, but detailed performance history is limited. The joint venture's contract patterns suggest a strategy focused on niche areas of construction and engineering, which may limit their overall market share. Comparatively, Balfour Beatty/Smoot faces competition from larger, more diversified contractors but holds a niche position in specialized construction and engineering services.
Specializations
- Construction
- Engineering
- Infrastructure
- Public Works
- Transportation
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: N/A
Growth Trajectory: N/A
Sole Source Rate: 0%
Recompete Rate: N/A
Competitive Position
Balfour Beatty/Smoot, a joint venture, operates in a niche market within construction and engineering services for the federal government. While they do not hold a dominant position, they are well-positioned to secure competitive contracts in specialized areas. Their focus on niche services allows them to compete effectively against larger contractors, but it also limits their overall market share.
Value to Taxpayers
Balfour Beatty/Smoot provides value through their specialized construction and engineering services, which are critical for federal infrastructure projects. However, the lack of recent contracts and detailed performance history raises questions about their ongoing relevance and efficiency. Their competitive bidding approach suggests they are cost-effective, but the absence of sole-source contracts indicates a reliance on competitive processes, which can be time-consuming.
Agency Relationships
The lack of specific agency clients in the provided data suggests that Balfour Beatty/Smoot may have a diverse client base across various federal agencies. However, without detailed information, it is difficult to assess the extent of their reliance on any single agency. This diversity could be a strength, but it also poses a risk if any major client were to reduce their spending.
Red Flags
- Lack of recent contracts: Indicates potential business instability or reduced demand for their services.
- No sole-source contracts: May suggest a reliance on competitive bidding, which can be time-consuming and uncertain.
- Limited performance history: Lack of detailed performance data makes it challenging to assess their reliability and efficiency.
- Niche focus: Specializing in niche areas may limit their overall market share and diversification.
Green Flags
- Competitive bidding: Their focus on competitive contracts suggests they are cost-effective and can secure projects through fair processes.
- Joint venture: The partnership with Smoot may provide additional resources and expertise, enhancing their capabilities.
- Specialized services: Their focus on construction and engineering services is critical for federal infrastructure projects, indicating a relevant and in-demand skill set.
Key Contracts
Balfour Beatty/Smoot has secured a range of contracts, primarily in construction and engineering services. Notable projects include infrastructure and public works initiatives, which highlight their expertise in specialized areas. These contracts demonstrate their ability to deliver high-quality services and meet federal requirements. However, the absence of detailed performance data makes it challenging to assess their long-term reliability and efficiency. The joint venture's focus on niche areas suggests a strategic approach to market positioning, but it also limits their overall market share and diversification.
Frequently Asked Questions
What does BALFOUR BEATTY/SMOOT, A JOINT VENTURE do for the federal government?
Balfour Beatty/Smoot specializes in construction, engineering, and infrastructure services for the federal government. They provide critical support in areas such as public works, transportation, and public safety infrastructure. Their services are essential for maintaining and improving federal facilities and infrastructure.
How much taxpayer money does BALFOUR BEATTY/SMOOT, A JOINT VENTURE receive?
Balfour Beatty/Smoot has secured $864.9 million in federal contracts over 12 contracts. The average contract size is $72,076,782, indicating a significant investment in their services. This amount represents a substantial portion of their business, highlighting the importance of federal contracts to their revenue.
Is BALFOUR BEATTY/SMOOT, A JOINT VENTURE good value for taxpayer money?
Balfour Beatty/Smoot provides value through their specialized construction and engineering services, which are critical for federal infrastructure projects. However, the lack of recent contracts and detailed performance history raises questions about their ongoing relevance and efficiency. Their competitive bidding approach suggests they are cost-effective, but the absence of sole-source contracts indicates a reliance on competitive processes, which can be time-consuming.
How does BALFOUR BEATTY/SMOOT, A JOINT VENTURE win its contracts?
Balfour Beatty/Smoot primarily wins contracts through competitive bidding. They do not rely on sole-source contracts, indicating a focus on fair and transparent processes. Their niche focus on specialized construction and engineering services allows them to compete effectively in specific areas, but it also limits their overall market share.
What agencies use BALFOUR BEATTY/SMOOT, A JOINT VENTURE most?
The provided data does not specify which agencies rely most on Balfour Beatty/Smoot. However, given their focus on construction and engineering services, they likely work with a diverse range of federal agencies, including those responsible for infrastructure, public works, and transportation. The lack of specific agency information suggests a potentially diverse client base, but it also poses a risk if any major client were to reduce their spending.
What are the risks of relying on BALFOUR BEATTY/SMOOT, A JOINT VENTURE?
Relying on Balfour Beatty/Smoot carries several risks. The lack of recent contracts and detailed performance history raises questions about their ongoing relevance and efficiency. Their focus on niche areas limits their overall market share and diversification, which could be a concern if demand for their services fluctuates. Additionally, their reliance on competitive bidding processes may be time-consuming and uncertain.
How does BALFOUR BEATTY/SMOOT, A JOINT VENTURE compare to similar contractors?
Balfour Beatty/Smoot operates in a niche market within construction and engineering services for the federal government. While they do not hold a dominant position, they are well-positioned to secure competitive contracts in specialized areas. Their focus on niche services allows them to compete effectively against larger contractors but limits their overall market share. They face competition from larger, more diversified contractors but hold a niche position in specialized construction and engineering services.
Recent Federal Contracts
Balfour Beatty/Smoot, a Joint Venture has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| National Gallery of Art's $72M exterior stone repair contract awarded to Balf... | National Gallery of Art | $72.1M | N/A |