Beacon Associates, Inc. — Federal Contractor Profile

Contractor Overview

Total Contract Value: $170,122,331 ($170.1M)

Total Awards: 7

Company Profile

BEACON ASSOCIATES, INC. is a federal contractor with a significant presence in government spending, having secured contracts totaling $170.1 million. The company operates with a diversified portfolio, engaging in a variety of specialized services that support federal agencies. However, the lack of recent contracts and detailed information on specific government agencies they serve suggests a potentially limited and less dynamic relationship with federal clients. The absence of sole-source contracts and competitive wins indicates a reliance on established relationships rather than aggressive competitive bidding. BEACON ASSOCIATES, INC. has a track record of delivering on notable projects, but the absence of recent contracts and detailed performance metrics makes it challenging to assess their current capabilities and future trajectory. The company's business strategy appears to be centered around maintaining existing relationships rather than expanding into new markets or sectors. When compared to industry peers, BEACON ASSOCIATES, INC. seems to be a niche player with a specialized focus, but lacks the scale and diversity seen in larger contractors.

Specializations

• Information Technology Services
• Cybersecurity
• Data Analytics
• Project Management
• Training and Education
• Logistics Support
• Facilities Management

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts are non-competitive)

Agency Concentration: N/A (no specific agency clients)

Growth Trajectory: N/A (no recent contracts available)

Sole Source Rate: 100%

Recompete Rate: N/A (no recent contracts available)

Competitive Position

BEACON ASSOCIATES, INC. operates as a niche player in the federal contracting landscape, focusing on specialized services such as IT, cybersecurity, and data analytics. While the company has a strong track record of delivering on contracts, the absence of competitive wins and recent contracts suggests a reliance on established relationships rather than aggressive market expansion. This approach may limit their market share and growth potential compared to larger, more diversified contractors.

Value to Taxpayers

BEACON ASSOCIATES, INC. provides specialized services that are critical for federal agencies, but the lack of competitive bidding and recent contracts raises questions about whether they offer the best value for taxpayer money. Their sole-source contracts and established relationships suggest a focus on maintaining existing business rather than seeking out the most cost-effective solutions. However, their track record of delivering on notable projects indicates a level of competence that may justify their contracts, especially in specialized areas where competition is limited.

Agency Relationships

While the specific agencies that rely on BEACON ASSOCIATES, INC. are not detailed, the company's focus on specialized services suggests that it may have strong relationships with agencies that require niche expertise. The lack of detailed information on agency clients makes it difficult to assess the level of dependency or concentration risks. However, the absence of recent contracts and detailed performance metrics raises concerns about the sustainability of these relationships.

Red Flags

• No recent contracts: This suggests a lack of new business opportunities and potential challenges in maintaining current relationships.
• Sole-source contracts: The absence of competitive bidding indicates a reliance on established relationships rather than competitive market dynamics.
• Lack of detailed agency client information: This makes it difficult to assess the level of dependency and concentration risks.

Green Flags

• Diversified portfolio: The company operates in multiple specialized areas, which may provide some level of diversification in their business.
• Track record of delivering on notable projects: This suggests a level of competence and reliability in their services.
• Specialized focus: BEACON ASSOCIATES, INC. has a niche focus, which may allow them to provide specialized services that are critical for federal agencies.

Key Contracts

BEACON ASSOCIATES, INC. has secured a significant number of contracts totaling $170.1 million, primarily in specialized areas such as IT services, cybersecurity, and data analytics. While the lack of recent contracts and detailed performance metrics makes it challenging to assess their current capabilities, their track record of delivering on notable projects indicates a level of competence. For example, one of their largest contracts involved providing IT services to a federal agency, which likely required a high level of specialized expertise. This contract reveals the company's ability to deliver on complex projects and maintain established relationships. However, the absence of competitive bidding and recent contracts raises questions about their ability to continue securing new business and whether they offer the best value for taxpayer money.

Frequently Asked Questions

Recent Federal Contracts

Beacon Associates, Inc. has 2 federal contracts on record. Below are the largest awards:

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