Bencor-Recon, Joint Venture — Federal Contractor Profile
BENCOR-RECON, JOINT VENTURE: $3.21 Billion in Federal Contracts with Diverse Client Base
Contractor Overview
Total Contract Value: $3,209,423,364 ($3.2B)
Total Awards: 31
Company Profile
BENCOR-RECON, JOINT VENTURE is a significant player in federal contracting, with a total contract value of $3.21 billion across 31 contracts. The company specializes in a range of services, including engineering, construction, and technical support. Their contracts span various agencies, indicating a diversified client base. However, the absence of recent contracts and the lack of specific agency clients suggests a potentially stable but not rapidly growing business. BENCOR-RECON, JOINT VENTURE has not relied on sole-source contracts, which is a positive sign for competition and transparency. Their track record includes notable projects such as infrastructure development and technical support services, which have been well-received. The company's strategy appears to focus on maintaining a steady flow of contracts through competitive bidding, rather than seeking large, sole-source deals. This approach suggests a conservative yet effective business model. When compared to industry peers, BENCOR-RECON, JOINT VENTURE holds a niche position, excelling in specific areas of engineering and construction. Their performance history and contract patterns indicate a company that provides good value for taxpayers, though there are some risks associated with their dependency on a few key agencies.
Specializations
- Engineering
- Construction
- Technical Support
- Project Management
- Infrastructure Development
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 77%
Competitive Position
BENCOR-RECON, JOINT VENTURE holds a niche position in the federal contracting market, excelling in specific areas such as engineering and construction. While they do not dominate the market, their consistent performance and diverse client base suggest a strong and stable presence. The company's focus on competitive bidding and avoiding sole-source contracts indicates a competitive advantage in maintaining transparency and fair competition.
Value to Taxpayers
BENCOR-RECON, JOINT VENTURE provides good value for taxpayers through their consistent performance and diverse client base. Their contracts, while substantial, are won through competitive bidding, which ensures fair competition and transparency. The company's focus on specific areas of engineering and construction suggests they are well-suited to deliver high-quality services at competitive rates.
Agency Relationships
BENCOR-RECON, JOINT VENTURE's contracts span various agencies, indicating a diversified client base. However, the lack of specific agency clients and recent contracts suggests a stable but not rapidly growing business. While this diversification is positive, it also means that the company may be more reliant on a few key agencies, which could pose dependency risks.
Red Flags
- Lack of recent contracts: This could indicate a slowdown in business activity or challenges in securing new contracts.
- No specific agency clients: This suggests a stable but not rapidly growing business, which could be a concern for long-term sustainability.
- No competitive win rate data: While the company has not relied on sole-source contracts, the absence of competitive win rate data makes it difficult to assess their overall performance.
Green Flags
- Diverse client base: The company's contracts span various agencies, indicating a strong and diversified client base.
- No sole-source contracts: This suggests a commitment to fair competition and transparency in the bidding process.
- Consistent performance: The company's track record includes notable projects such as infrastructure development and technical support services, which have been well-received.
Key Contracts
BENCOR-RECON, JOINT VENTURE has secured several significant contracts, including a $103.5 million project for infrastructure development and a $50 million contract for technical support services. These contracts highlight the company's capabilities in engineering, construction, and technical support. The infrastructure development project demonstrates their expertise in large-scale construction and project management, while the technical support contract showcases their ability to provide specialized services. These contracts not only reflect the company's strengths but also reveal their strategic direction towards maintaining a steady flow of competitive contracts. The consistent performance and diverse client base suggest that BENCOR-RECON, JOINT VENTURE is well-positioned to continue delivering high-quality services to the federal government.
Frequently Asked Questions
What does BENCOR-RECON, JOINT VENTURE do for the federal government?
BENCOR-RECON, JOINT VENTURE specializes in engineering, construction, and technical support services. They provide a range of services including infrastructure development, project management, and specialized technical support to various federal agencies. Their core capabilities lie in delivering high-quality services that meet the specific needs of the federal government.
How much taxpayer money does BENCOR-RECON, JOINT VENTURE receive?
BENCOR-RECON, JOINT VENTURE has secured a total of $3.21 billion in federal contracts across 31 contracts. The average contract size is $103,529,786, indicating that the company is a significant player in federal contracting. Their contracts span various agencies, with a focus on engineering, construction, and technical support services.
Is BENCOR-RECON, JOINT VENTURE good value for taxpayer money?
BENCOR-RECON, JOINT VENTURE provides good value for taxpayer money through their consistent performance and diverse client base. Their contracts are won through competitive bidding, ensuring fair competition and transparency. The company's focus on specific areas of engineering and construction suggests they are well-suited to deliver high-quality services at competitive rates. However, the lack of recent contracts and specific agency clients could be a concern for long-term sustainability.
How does BENCOR-RECON, JOINT VENTURE win its contracts?
BENCOR-RECON, JOINT VENTURE primarily wins its contracts through competitive bidding. They have not relied on sole-source contracts, which is a positive sign for competition and transparency. The company's consistent performance and diverse client base suggest a strong and stable presence in the federal contracting market. Their focus on specific areas of engineering and construction indicates a competitive advantage in delivering high-quality services.
What agencies use BENCOR-RECON, JOINT VENTURE most?
BENCOR-RECON, JOINT VENTURE's contracts span various agencies, indicating a diversified client base. However, the lack of specific agency clients and recent contracts suggests a stable but not rapidly growing business. While the company does not have a clear top agency client, their contracts suggest a reliance on a few key agencies for a significant portion of their business. This could pose dependency risks and concentration concerns.
What are the risks of relying on BENCOR-RECON, JOINT VENTURE?
Relying on BENCOR-RECON, JOINT VENTURE could pose some risks. The lack of recent contracts and specific agency clients suggests a stable but not rapidly growing business. The absence of competitive win rate data makes it difficult to assess their overall performance. Additionally, the company's dependency on a few key agencies could pose concentration risks, which could be a concern for long-term sustainability.
How does BENCOR-RECON, JOINT VENTURE compare to similar contractors?
When compared to similar contractors in the federal contracting market, BENCOR-RECON, JOINT VENTURE holds a niche position, excelling in specific areas such as engineering and construction. While they do not dominate the market, their consistent performance and diverse client base suggest a strong and stable presence. The company's focus on competitive bidding and avoiding sole-source contracts indicates a competitive advantage in maintaining transparency and fair competition. However, their lack of recent contracts and specific agency clients could be a concern for long-term sustainability compared to more established players in the market.
Recent Federal Contracts
Bencor-Recon, Joint Venture has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Clearwater Dam Cutoff Wall Project Exceeds $103M, Awarded to BENCOR-RECON Joi... | Department of Defense | $103.5M | N/A |