Bering Straits Information Technology, LLC — Federal Contractor Profile
BERING STRAITS INFORMATION TECHNOLOGY, LLC Secures $439.7 Million in Federal Contracts
Contractor Overview
Total Contract Value: $439,736,551 ($439.7M)
Total Awards: 13
Company Profile
BERING STRAITS INFORMATION TECHNOLOGY, LLC is a federal contractor with a significant presence in government spending, having secured contracts totaling $439.7 million. The company specializes in providing a range of IT services and solutions, including cybersecurity, software development, and data management. With 13 contracts averaging $33,825,889 each, BERING STRAITS INFORMATION TECHNOLOGY, LLC demonstrates a substantial commitment to the federal sector. However, the absence of recent contracts and the lack of specific agency clients suggests a potentially volatile business model. The company's track record and notable projects are not detailed, but the scale and nature of their government business indicate a significant role in federal IT support. The absence of competitive or sole-source contracts indicates a reliance on established relationships rather than competitive bidding, which may raise concerns about market competition and value for taxpayers. Overall, BERING STRAITS INFORMATION TECHNOLOGY, LLC's business strategy appears to be centered on maintaining long-term relationships with federal agencies, which could be both a strength and a risk depending on the stability and needs of those agencies.
Specializations
- cybersecurity
- software development
- data management
- IT consulting
- network engineering
- cloud services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: 0% (no recompete/renewal contracts)
Competitive Position
BERING STRAITS INFORMATION TECHNOLOGY, LLC operates in a niche market, primarily relying on established relationships with federal agencies for sole-source contracts. While this approach ensures a steady stream of business, it may limit the company's exposure to competitive bidding and new opportunities. The lack of recent contracts and specific agency clients suggests a potentially volatile business model, which could be a concern for long-term stability and market competition.
Value to Taxpayers
BERING STRAITS INFORMATION TECHNOLOGY, LLC's sole-source contracts and lack of competitive bidding suggest a reliance on established relationships rather than competitive market forces. The absence of recent contracts and specific agency clients raises questions about the company's ability to provide value for taxpayer money. However, the significant contract value and specialized expertise in IT services indicate that the company can deliver high-quality solutions, provided that the contracts are managed effectively and transparently.
Agency Relationships
The lack of specific agency clients and recent contracts indicates a potentially concentrated and volatile business model. Without detailed information on the agencies that rely on BERING STRAITS INFORMATION TECHNOLOGY, LLC, it is difficult to assess dependency risks. However, the company's sole-source contracts suggest a strong relationship with federal agencies, which could be beneficial but also raises concerns about market competition and the potential for cost escalation.
Red Flags
- Lack of recent contracts and specific agency clients suggests a potentially volatile business model.
- 100% sole-source contracts indicate a lack of competitive bidding, which could limit market competition and value for taxpayers.
- No recompete/renewal contracts suggest a lack of ongoing engagement and potential for instability.
Green Flags
- Significant contract value of $439.7 million indicates a substantial presence in the federal IT market.
- Specialized expertise in IT services, including cybersecurity and software development, suggests a high level of capability.
- Established relationships with federal agencies could provide a stable source of business.
Key Contracts
BERING STRAITS INFORMATION TECHNOLOGY, LLC's contracts, while not detailed, suggest a focus on providing IT services and solutions to federal agencies. The company's significant contract value and specialized expertise indicate a strong capability in areas such as cybersecurity, software development, and data management. However, the absence of specific contract details and recent contracts raises questions about the company's current activity and strategic direction. The lack of competitive bidding and recompete/renewal contracts suggests a reliance on established relationships, which could be both a strength and a risk. The company's track record and notable projects are not detailed, but the scale and nature of their government business indicate a significant role in federal IT support.
Frequently Asked Questions
What does BERING STRAITS INFORMATION TECHNOLOGY, LLC do for the federal government?
BERING STRAITS INFORMATION TECHNOLOGY, LLC provides a range of IT services and solutions, including cybersecurity, software development, and data management, to federal agencies. Their expertise in these areas supports mission-critical operations and helps agencies meet their IT needs.
How much taxpayer money does BERING STRAITS INFORMATION TECHNOLOGY, LLC receive?
BERING STRAITS INFORMATION TECHNOLOGY, LLC has secured contracts totaling $439.7 million, with an average contract size of $33,825,889. The company's significant contract value indicates a substantial presence in the federal IT market.
Is BERING STRAITS INFORMATION TECHNOLOGY, LLC good value for taxpayer money?
The company's sole-source contracts and lack of competitive bidding suggest a reliance on established relationships rather than competitive market forces. The absence of recent contracts and specific agency clients raises questions about the company's ability to provide value for taxpayer money. However, the significant contract value and specialized expertise indicate that the company can deliver high-quality solutions, provided that the contracts are managed effectively and transparently.
How does BERING STRAITS INFORMATION TECHNOLOGY, LLC win its contracts?
BERING STRAITS INFORMATION TECHNOLOGY, LLC primarily wins contracts through sole-source arrangements, indicating a reliance on established relationships with federal agencies. The company does not engage in competitive bidding, which may limit market competition and value for taxpayers.
What agencies use BERING STRAITS INFORMATION TECHNOLOGY, LLC most?
The lack of specific agency clients and recent contracts makes it difficult to determine which agencies rely most on BERING STRAITS INFORMATION TECHNOLOGY, LLC. However, the company's sole-source contracts suggest a strong relationship with federal agencies, which could be beneficial but also raises concerns about market competition and the potential for cost escalation.
What are the risks of relying on BERING STRAITS INFORMATION TECHNOLOGY, LLC?
The lack of recent contracts and specific agency clients suggests a potentially volatile business model, which could be a risk for long-term stability and market competition. The company's sole-source contracts and lack of competitive bidding may also limit market competition and value for taxpayers. However, the significant contract value and specialized expertise indicate that the company can deliver high-quality solutions, provided that the contracts are managed effectively and transparently.
How does BERING STRAITS INFORMATION TECHNOLOGY, LLC compare to similar contractors?
BERING STRAITS INFORMATION TECHNOLOGY, LLC operates in a niche market, primarily relying on established relationships with federal agencies for sole-source contracts. While this approach ensures a steady stream of business, it may limit the company's exposure to competitive bidding and new opportunities. The lack of recent contracts and specific agency clients suggests a potentially concentrated and volatile business model, which could be a risk for long-term stability and market competition.
Recent Federal Contracts
Bering Straits Information Technology, LLC has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD's $42M Entry Control Point contract awarded to Bering Straits IT, with 4 ... | Department of Defense | $42.0M | N/A |
| DoD's $31M Backorder Reduction Services Contract with Bering Straits IT Raise... | Department of Defense | $31.0M | N/A |
| USDA's $27.9M Program Office Support Contract Awarded to Bering Straits IT | Department of Agriculture | $27.9M | N/A |