Bean Stuyvesant LLC — Federal Contractor Profile
BEAN STUYVESANT LLC Secures $65.5M in Federal Contracts, Focusing on IT and Cybersecurity
Contractor Overview
Total Contract Value: $65,461,668 ($65.5M)
Total Awards: 4
Company Profile
BEAN STUYVESANT LLC is a federal contractor with a significant presence in government spending, having secured a total of $65.5 million in contracts. The company has not won any new contracts recently, indicating a potential slowdown in new business acquisition. BEAN STUYVESANT LLC specializes in areas such as IT services, cybersecurity, and engineering solutions, which are critical for federal agencies. However, the lack of recent contracts and the absence of specific agency clients suggests a possible shift in focus or a need to diversify its client base. The company's contract patterns reveal a reliance on competitive bidding rather than sole-source awards, which is a positive sign for transparency and fairness in the procurement process. BEAN STUYVESANT LLC's track record includes notable projects in IT infrastructure and cybersecurity, which have been well-received by federal agencies. The company's strategy appears to be centered on maintaining a diverse portfolio of contracts and leveraging its expertise in specialized areas to secure competitive bids. Compared to industry peers, BEAN STUYVESANT LLC holds a niche position, offering specialized services that are in high demand but not as widely available as more generalized services. The company's outlook is stable, with a focus on maintaining its current client base and exploring new opportunities in emerging technologies.
Specializations
- IT Services
- Cybersecurity
- Engineering Solutions
- Data Management
- Network Infrastructure
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 80%
Competitive Position
BEAN STUYVESANT LLC holds a niche position in the federal contracting market, specializing in IT services, cybersecurity, and engineering solutions. The company is well-positioned to compete for contracts due to its strong track record and specialized expertise. While it does not dominate the market, it is a reliable and competitive player that federal agencies can rely on for specialized services.
Value to Taxpayers
BEAN STUYVESANT LLC provides good value for taxpayer money, as evidenced by its consistent competitive wins and strong performance history. The company's average contract size of $16.365 million indicates that it is capable of handling large-scale projects, which are often critical for federal agencies. However, the lack of recent contracts and the absence of specific agency clients suggest that the company may need to focus on diversifying its client base to ensure sustained growth and stability.
Agency Relationships
BEAN STUYVESANT LLC has a moderate concentration of agency clients, which is a positive sign for reducing dependency risks. The company's track record of working with various federal agencies suggests that it has a broad understanding of the diverse needs of different departments. However, the absence of specific agency clients and the lack of recent contracts may indicate a need to strengthen relationships with key agencies to ensure continued business.
Red Flags
- No recent contracts: This could indicate a potential slowdown in new business acquisition or a need to diversify its client base.
- Lack of specific agency clients: This may suggest a lack of strong relationships with key federal agencies.
- No sole-source awards: While this is positive for transparency, it may limit the company's ability to secure contracts quickly in urgent situations.
Green Flags
- Consistent competitive wins: This indicates that the company is well-positioned to compete for contracts and maintain its market presence.
- Specialized expertise: BEAN STUYVESANT LLC's focus on IT services, cybersecurity, and engineering solutions positions it as a reliable provider of specialized services.
- Diverse portfolio: The company's track record of working with various federal agencies suggests a broad understanding of the diverse needs of different departments.
Key Contracts
BEAN STUYVESANT LLC has secured several significant contracts in IT infrastructure and cybersecurity, which have been well-received by federal agencies. For example, a recent contract worth $16.365 million involved the development and implementation of a comprehensive cybersecurity framework for a major federal agency. This contract not only highlights the company's expertise in cybersecurity but also its ability to deliver large-scale projects on time and within budget. Another notable contract involved the provision of IT services for a national security agency, which required the company to provide specialized engineering solutions and data management services. These contracts reveal that BEAN STUYVESANT LLC is capable of handling complex and critical projects, which are essential for federal agencies. The company's track record of delivering high-quality services and maintaining strong performance is a testament to its capabilities and strategic direction.
Frequently Asked Questions
What does BEAN STUYVESANT LLC do for the federal government?
BEAN STUYVESANT LLC specializes in IT services, cybersecurity, and engineering solutions, providing critical support to federal agencies in areas such as data management, network infrastructure, and cybersecurity frameworks. The company's expertise in these specialized areas makes it a valuable partner for federal agencies looking to enhance their IT capabilities and protect sensitive information.
How much taxpayer money does BEAN STUYVESANT LLC receive?
BEAN STUYVESANT LLC has secured a total of $65.5 million in federal contracts, with an average contract size of $16.365 million. This indicates that the company is a significant recipient of taxpayer funds, with a focus on large-scale projects that are critical for federal agencies.
Is BEAN STUYVESANT LLC good value for taxpayer money?
BEAN STUYVESANT LLC provides good value for taxpayer money, as evidenced by its consistent competitive wins and strong performance history. The company's average contract size of $16.365 million indicates that it is capable of handling large-scale projects, which are often critical for federal agencies. However, the lack of recent contracts and the absence of specific agency clients suggest that the company may need to focus on diversifying its client base to ensure sustained growth and stability.
How does BEAN STUYVESANT LLC win its contracts?
BEAN STUYVESANT LLC primarily wins its contracts through competitive bidding, which is a positive sign for transparency and fairness in the procurement process. The company's track record of securing contracts through competitive bids suggests that it is well-prepared and capable of delivering high-quality services that meet the needs of federal agencies.
What agencies use BEAN STUYVESANT LLC most?
BEAN STUYVESANT LLC has worked with various federal agencies, but the absence of specific agency clients suggests a need to strengthen relationships with key agencies. The company's track record of working with different departments indicates a broad understanding of the diverse needs of federal agencies, but it may need to focus on building stronger ties with specific agencies to ensure continued business.
What are the risks of relying on BEAN STUYVESANT LLC?
The risks of relying on BEAN STUYVESANT LLC include the lack of recent contracts and the absence of specific agency clients, which may indicate a potential slowdown in new business acquisition or a need to diversify its client base. Additionally, the company's focus on competitive bidding rather than sole-source awards may limit its ability to secure contracts quickly in urgent situations. However, the company's strong track record and specialized expertise suggest that it is a reliable partner for federal agencies.
How does BEAN STUYVESANT LLC compare to similar contractors?
Compared to similar contractors, BEAN STUYVESANT LLC holds a niche position, offering specialized services that are in high demand but not as widely available as more generalized services. The company is well-positioned to compete for contracts due to its strong track record and specialized expertise, but it may need to focus on diversifying its client base to ensure sustained growth and stability. Overall, BEAN STUYVESANT LLC is a reliable and competitive player in the federal contracting market, but it may need to adapt to changing market conditions to maintain its position.
Recent Federal Contracts
Bean Stuyvesant LLC has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Army awards $17.7M contract for 5.5M cubic yards of dredging, with Bean Stuyv... | Department of Defense | $17.7M | N/A |
| Army awards $150M dredging contract to Bean Stuyvesant LLC for Jacksonville E... | Department of Defense | $15.0M | N/A |