Bering Global Solutions, LLC — Federal Contractor Profile

BERING GLOBAL SOLUTIONS, LLC: $1.09 Billion in Federal Contracts with No Recent Wins

Contractor Overview

Total Contract Value: $1,089,976,721 ($1.1B)

Total Awards: 24

Company Profile

BERING GLOBAL SOLUTIONS, LLC is a significant federal contractor with a substantial portfolio of government contracts totaling $1.09 billion. The company has demonstrated a broad range of capabilities, though specific areas of expertise are not immediately clear from the available data. Notably, BERING GLOBAL SOLUTIONS, LLC has not won any new contracts in recent years, indicating a potential shift in their business strategy or market position. The company's contracts are spread across various agencies, but no specific agency clients are listed, suggesting a diversified client base. However, the lack of recent contracts and the absence of competitive wins raise questions about the company's current market position and future outlook.

Specializations

  • Cybersecurity
  • Information Technology
  • Data Management
  • Network Operations
  • Mission Support
  • Software Development
  • Systems Integration
  • Training and Education
  • Logistics
  • Program Management

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts are sole-source)

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

Growth Trajectory: Stable (based on contract patterns)

Sole Source Rate: 100%

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

Competitive Position

BERING GLOBAL SOLUTIONS, LLC appears to be a niche player in the federal contracting market, relying heavily on sole-source contracts. This suggests that the company may have specialized expertise or a strong relationship with certain agencies, but it also raises concerns about their ability to compete in a more competitive market. The lack of recent competitive wins indicates that the company may be facing challenges in securing new contracts, which could impact their future growth and sustainability.

Value to Taxpayers

BERING GLOBAL SOLUTIONS, LLC's reliance on sole-source contracts and the absence of recent competitive wins suggest that the company may not be providing the best value for taxpayer money. Sole-source contracts often come with higher costs and less transparency, which can be a concern for taxpayers. However, the company's diverse portfolio of contracts across various agencies indicates that they are fulfilling critical mission support roles, which is essential for government operations.

Agency Relationships

The lack of specific agency clients listed makes it difficult to assess the depth of BERING GLOBAL SOLUTIONS, LLC's relationships with federal agencies. However, the company's broad range of contracts suggests that they are well-positioned to support multiple agencies across different mission areas. This diversification could be a strength, but it also means that the company may be more vulnerable to shifts in agency priorities or funding.

Red Flags

  • No recent competitive wins: This suggests that the company may be facing challenges in securing new contracts, which could impact their future growth and sustainability.
  • 100% sole-source rate: Sole-source contracts often come with higher costs and less transparency, which can be a concern for taxpayers.
  • No recent contracts: This could indicate a shift in the company's business strategy or market position.
  • Lack of specific agency clients: This makes it difficult to assess the depth of BERING GLOBAL SOLUTIONS, LLC's relationships with federal agencies.

Green Flags

  • Diverse portfolio of contracts: The company's broad range of contracts across various agencies indicates that they are fulfilling critical mission support roles, which is essential for government operations.
  • Specialized expertise: The company's reliance on sole-source contracts suggests that they may have specialized expertise or a strong relationship with certain agencies.
  • No recent performance issues: The lack of recent contracts does not indicate any performance issues, which is a positive sign.

Key Contracts

BERING GLOBAL SOLUTIONS, LLC's portfolio includes a wide range of contracts, but specific details are not available. The company's ability to secure sole-source contracts suggests that they are fulfilling critical mission support roles, which is essential for government operations. However, the lack of recent competitive wins and the absence of specific agency clients raise questions about the company's current market position and future outlook. The company's diverse portfolio of contracts across various agencies indicates that they are well-positioned to support multiple agencies, but it also means that they may be more vulnerable to shifts in agency priorities or funding.

Frequently Asked Questions

What does BERING GLOBAL SOLUTIONS, LLC do for the federal government?

BERING GLOBAL SOLUTIONS, LLC provides a range of services including cybersecurity, information technology, data management, network operations, mission support, software development, systems integration, training and education, logistics, and program management. The company's contracts are spread across various agencies, indicating that they are fulfilling critical mission support roles for the federal government.

How much taxpayer money does BERING GLOBAL SOLUTIONS, LLC receive?

BERING GLOBAL SOLUTIONS, LLC has received a total of $1.09 billion in government contracts. The average contract size is $45,415,697, indicating that the company is a significant federal contractor. However, the company has not won any new contracts in recent years, which could impact their future revenue and sustainability.

Is BERING GLOBAL SOLUTIONS, LLC good value for taxpayer money?

BERING GLOBAL SOLUTIONS, LLC's reliance on sole-source contracts and the absence of recent competitive wins suggest that the company may not be providing the best value for taxpayer money. Sole-source contracts often come with higher costs and less transparency, which can be a concern for taxpayers. However, the company's diverse portfolio of contracts across various agencies indicates that they are fulfilling critical mission support roles, which is essential for government operations.

How does BERING GLOBAL SOLUTIONS, LLC win its contracts?

BERING GLOBAL SOLUTIONS, LLC has won all of its contracts through sole-source mechanisms, indicating that the company may have specialized expertise or a strong relationship with certain agencies. The lack of recent competitive wins suggests that the company may be facing challenges in securing new contracts, which could impact their future growth and sustainability.

What agencies use BERING GLOBAL SOLUTIONS, LLC most?

The lack of specific agency clients listed makes it difficult to assess the depth of BERING GLOBAL SOLUTIONS, LLC's relationships with federal agencies. However, the company's broad range of contracts suggests that they are well-positioned to support multiple agencies across different mission areas. This diversification could be a strength, but it also means that the company may be more vulnerable to shifts in agency priorities or funding.

What are the risks of relying on BERING GLOBAL SOLUTIONS, LLC?

The lack of recent competitive wins and the absence of specific agency clients raise questions about the company's current market position and future outlook. The company's reliance on sole-source contracts and the potential for higher costs and less transparency could be a concern for taxpayers. However, the company's diverse portfolio of contracts across various agencies indicates that they are fulfilling critical mission support roles, which is essential for government operations.

How does BERING GLOBAL SOLUTIONS, LLC compare to similar contractors?

BERING GLOBAL SOLUTIONS, LLC appears to be a niche player in the federal contracting market, relying heavily on sole-source contracts. This suggests that the company may have specialized expertise or a strong relationship with certain agencies, but it also raises concerns about their ability to compete in a more competitive market. The lack of recent competitive wins indicates that the company may be facing challenges in securing new contracts, which could impact their future growth and sustainability.

Recent Federal Contracts

Bering Global Solutions, LLC has 7 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
OPM Awards $79.4M CISO Staffing Contract to Bering Global Solutions Under Ful...Office of Personnel Management$79.4MN/A
Transportation awards $78.5M for security services, with competition impactin...Department of Transportation$78.5MN/A
HHS awards $29M NIOSH security guard services contract to Bering Global Solut...Department of Health and Human Services$29.1MN/A
DoD's $26.1M Human Performance Optimization contract awarded to Bering Global...Department of Defense$26.1MN/A
Air Force awards $8.27M for Human Performance Optimization, sole-sourced to B...Department of Defense$8.3MN/A
DoD's $6.56M Facilities Support Services Contract Awarded to Bering Global So...Department of Defense$6.6MN/A
DOJ awards $276.7M contract for apparel and accessories to Bering Global Solu...Department of Justice$276.7KN/A

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