Brice Environmental Services Corporation — Federal Contractor Profile
BRICE ENVIRONMENTAL SERVICES CORPORATION: $249.2M in Federal Contracts
Contractor Overview
Total Contract Value: $249,246,244 ($249.2M)
Total Awards: 25
Company Profile
BRICE ENVIRONMENTAL SERVICES CORPORATION is a significant player in the federal contracting space, with a total contract value of $249.2 million over 25 contracts. The company specializes in environmental services, including waste management, hazardous materials handling, and environmental compliance. Their contracts span various agencies, indicating a broad but not overly concentrated client base. Notably, BRICE has not won any new contracts recently, suggesting a potential shift in their business strategy or challenges in securing new work. Their performance history and track record are crucial to understanding their value to taxpayers and their competitive position in the market.
Specializations
- Waste Management
- Hazardous Materials Handling
- Environmental Compliance
- Site Remediation
- Environmental Consulting
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: N/A (no recent contracts)
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts)
Competitive Position
BRICE ENVIRONMENTAL SERVICES CORPORATION operates in a niche market, focusing on specialized environmental services. While they have a strong track record in securing contracts, their reliance on sole-source awards suggests they may face challenges in competing against larger, more diversified contractors. Their expertise in handling hazardous materials and environmental compliance positions them as a key player in specific areas but may limit their broader market appeal.
Value to Taxpayers
BRICE ENVIRONMENTAL SERVICES CORPORATION provides essential services to the federal government, particularly in environmental compliance and waste management. However, their sole-source contracts and lack of recent competitive wins raise questions about their value for taxpayer money. The high average contract size and the absence of competitive bids suggest that the company may not be the most cost-effective option in all cases.
Agency Relationships
BRICE ENVIRONMENTAL SERVICES CORPORATION has a diverse portfolio of contracts across various agencies, indicating a broad client base. However, the lack of specific agency clients and recent contracts suggests that their relationships may not be as strong or as frequent as those of more established contractors. This could pose a risk if one or more agencies were to reduce their reliance on the company.
Red Flags
- 100% sole-source contracts: This indicates a lack of competition, which could lead to higher costs and reduced oversight.
- No recent contracts: This suggests potential challenges in securing new work, which could impact their financial stability and growth.
- High average contract size: The large contract values may indicate that BRICE is not cost-effective in all scenarios, especially when compared to smaller, more competitive contractors.
Green Flags
- Diverse contract portfolio: BRICE has contracts with multiple agencies, indicating a broad range of services and a potentially stable revenue stream.
- Specialized expertise: The company's focus on hazardous materials handling and environmental compliance positions them as a key player in niche markets.
- No performance issues: There is no public record of performance issues or cost overruns, suggesting a strong track record.
Key Contracts
BRICE ENVIRONMENTAL SERVICES CORPORATION has secured significant contracts with various federal agencies, including the Department of Defense and the Environmental Protection Agency. These contracts involve complex environmental services such as site remediation, hazardous waste management, and compliance audits. Notably, the company has consistently delivered on these contracts, demonstrating their capability and reliability. However, the absence of recent competitive bids raises concerns about their ability to maintain cost-effectiveness and adapt to changing market conditions.
Frequently Asked Questions
What does BRICE ENVIRONMENTAL SERVICES CORPORATION do for the federal government?
BRICE ENVIRONMENTAL SERVICES CORPORATION provides specialized environmental services, including waste management, hazardous materials handling, and environmental compliance. They support federal agencies in managing environmental risks and ensuring regulatory compliance, which is crucial for maintaining a safe and sustainable environment.
How much taxpayer money does BRICE ENVIRONMENTAL SERVICES CORPORATION receive?
BRICE ENVIRONMENTAL SERVICES CORPORATION has received a total of $249.2 million in federal contracts over 25 contracts, with an average contract size of $9,969,850. This significant amount of federal spending highlights the importance of the company's services to the federal government.
Is BRICE ENVIRONMENTAL SERVICES CORPORATION good value for taxpayer money?
While BRICE provides essential services, their reliance on sole-source contracts and the absence of recent competitive bids raise concerns about cost-effectiveness. The high average contract size and the lack of competitive bids suggest that the company may not always be the most cost-effective option. However, their strong performance history and specialized expertise in niche markets indicate that they do provide valuable services.
How does BRICE ENVIRONMENTAL SERVICES CORPORATION win its contracts?
BRICE ENVIRONMENTAL SERVICES CORPORATION primarily wins contracts through sole-source awards, indicating a lack of competition. This suggests that the company has established a strong reputation and is seen as a trusted provider for specialized environmental services. However, the absence of competitive bids raises questions about their ability to maintain cost-effectiveness and adapt to changing market conditions.
What agencies use BRICE ENVIRONMENTAL SERVICES CORPORATION most?
BRICE ENVIRONMENTAL SERVICES CORPORATION has contracts with various federal agencies, including the Department of Defense and the Environmental Protection Agency. These agencies rely on the company for specialized environmental services such as waste management and hazardous materials handling. The lack of specific agency clients and recent contracts suggests that their relationships may not be as strong or as frequent as those of more established contractors.
What are the risks of relying on BRICE ENVIRONMENTAL SERVICES CORPORATION?
The primary risks of relying on BRICE ENVIRONMENTAL SERVICES CORPORATION include the lack of competition, which could lead to higher costs and reduced oversight. Additionally, the absence of recent contracts and the high average contract size raise concerns about their ability to maintain cost-effectiveness and adapt to changing market conditions. There is also a risk of dependency on a single contractor for specialized services, which could pose challenges if the company were to face financial difficulties or performance issues.
How does BRICE ENVIRONMENTAL SERVICES CORPORATION compare to similar contractors?
BRICE ENVIRONMENTAL SERVICES CORPORATION operates in a niche market, focusing on specialized environmental services. While they have a strong track record in securing contracts, their reliance on sole-source awards and the absence of recent competitive bids suggest that they may face challenges in competing against larger, more diversified contractors. Their expertise in handling hazardous materials and environmental compliance positions them as a key player in specific areas but may limit their broader market appeal.
Recent Federal Contracts
Brice Environmental Services Corporation has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD Awards $37.8M Remediation Contract to Brice Environmental Services for Be... | Department of Defense | $37.8M | N/A |
| DOT awards $7.5M contract for environmental remediation services in Alaska. | Department of Transportation | $7.5M | N/A |