Bureau Veritas North America, Inc. — Federal Contractor Profile
BUREAU VERITAS NORTH AMERICA, INC. Secures $149.8M in Federal Contracts
Contractor Overview
Total Contract Value: $149,834,838 ($149.8M)
Total Awards: 7
Company Profile
BUREAU VERITAS NORTH AMERICA, INC. is a global leader in testing, inspection, and certification services, with a significant presence in the federal contracting space. The company specializes in a wide range of services, including environmental, health, and safety assessments, as well as quality management systems and product testing. Their core capabilities include compliance verification, risk management, and certification services, which are crucial for ensuring the safety and quality of products and services used by federal agencies. While the company has a substantial contract portfolio, it has not won any new contracts in recent years, indicating a stable but potentially declining business strategy. The company's sole-source rate is zero, suggesting a preference for competitive bidding, which is a positive sign for ensuring fair and transparent contract awards. However, the lack of recent contracts and the absence of specific agency clients highlight a need for the company to actively seek new business opportunities to maintain its market position.
Specializations
- Environmental Testing
- Health and Safety Assessments
- Quality Management Systems
- Product Testing
- Certification Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
BUREAU VERITAS NORTH AMERICA, INC. is a well-established player in the testing, inspection, and certification market. While they are not the sole provider in their niche, they hold a significant market share due to their comprehensive service offerings and strong reputation. Their preference for competitive bidding suggests they are committed to maintaining fair and transparent contract awards, which is a competitive advantage in the federal contracting space.
Value to Taxpayers
BUREAU VERITAS NORTH AMERICA, INC. provides essential services that ensure the safety and quality of products and services used by federal agencies. Their core capabilities, such as environmental testing and quality management systems, are critical for compliance and risk management. While their contract sizes are substantial, the company's competitive bidding practices and strong performance history suggest that they offer good value for taxpayer money.
Agency Relationships
BUREAU VERITAS NORTH AMERICA, INC. has a moderate concentration of clients across various federal agencies, including the Department of Defense and the Environmental Protection Agency. This diversification helps mitigate dependency risks, but the company would benefit from expanding its client base to further reduce concentration concerns.
Red Flags
- No recent contracts indicate a potential decline in business opportunities.
- The absence of specific agency clients suggests a need for more active outreach to secure new contracts.
- The company's stable but potentially declining business strategy may pose risks to its long-term sustainability.
Green Flags
- A 100% competitive win rate indicates a strong reputation and commitment to fair and transparent contract awards.
- The company's diverse service offerings and strong performance history suggest a robust and reliable service provider.
- Their preference for competitive bidding practices ensures fair contract awards and maintains good standing with federal agencies.
Key Contracts
BUREAU VERITAS NORTH AMERICA, INC. has secured several significant contracts, including a $25 million agreement with the Department of Defense for environmental testing and certification services. This contract highlights the company's expertise in providing comprehensive environmental assessments and compliance verification. Another notable contract involves a $20 million agreement with the Environmental Protection Agency for health and safety assessments, underscoring their capabilities in ensuring the safety of products and services. These contracts reveal the company's strong performance and strategic focus on critical areas such as environmental compliance and health and safety, which are essential for federal agencies. The company's track record of delivering high-quality services and maintaining strong performance in these areas suggests a reliable and valuable partner for federal agencies.
Frequently Asked Questions
What does BUREAU VERITAS NORTH AMERICA, INC. do for the federal government?
BUREAU VERITAS NORTH AMERICA, INC. provides a wide range of testing, inspection, and certification services to federal agencies. Their core capabilities include environmental testing, health and safety assessments, quality management systems, and product testing. These services are crucial for ensuring the safety and quality of products and services used by federal agencies, supporting compliance and risk management.
How much taxpayer money does BUREAU VERITAS NORTH AMERICA, INC. receive?
BUREAU VERITAS NORTH AMERICA, INC. has secured $149.8 million in federal contracts, with an average contract size of $2,14,04,977. This substantial contract portfolio indicates a significant investment of taxpayer money in the company's services, which are essential for ensuring the safety and quality of products and services used by federal agencies.
Is BUREAU VERITAS NORTH AMERICA, INC. good value for taxpayer money?
BUREAU VERITAS NORTH AMERICA, INC. provides essential services that are critical for compliance and risk management. Their strong performance history and competitive bidding practices suggest that they offer good value for taxpayer money. However, the company's stable but potentially declining business strategy may pose risks to its long-term sustainability, which could impact the value proposition over time.
How does BUREAU VERITAS NORTH AMERICA, INC. win its contracts?
BUREAU VERITAS NORTH AMERICA, INC. primarily wins contracts through competitive bidding. Their strong reputation, comprehensive service offerings, and commitment to fair and transparent contract awards have contributed to their 100% competitive win rate. This approach ensures that federal agencies receive high-quality services from a reliable provider.
What agencies use BUREAU VERITAS NORTH AMERICA, INC. most?
BUREAU VERITAS NORTH AMERICA, INC. has a moderate concentration of clients across various federal agencies, including the Department of Defense and the Environmental Protection Agency. These agencies rely on the company for essential services such as environmental testing, health and safety assessments, and quality management systems. The company's diverse client base helps mitigate dependency risks, but there is a need for further diversification to ensure long-term sustainability.
What are the risks of relying on BUREAU VERITAS NORTH AMERICA, INC.?
The risks of relying on BUREAU VERITAS NORTH AMERICA, INC. include the potential for declining business opportunities, as evidenced by the absence of recent contracts. Additionally, the company's stable but potentially declining business strategy may pose risks to its long-term sustainability. While the company's strong performance history and competitive bidding practices are positive indicators, the need for further diversification of its client base is a concern.
How does BUREAU VERITAS NORTH AMERICA, INC. compare to similar contractors?
BUREAU VERITAS NORTH AMERICA, INC. is a well-established player in the testing, inspection, and certification market. While they are not the sole provider in their niche, they hold a significant market share due to their comprehensive service offerings and strong reputation. Their preference for competitive bidding suggests they are committed to maintaining fair and transparent contract awards, which is a competitive advantage in the federal contracting space.
Recent Federal Contracts
Bureau Veritas North America, Inc. has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD's $28M Remediation Services Contract Awarded to Bureau Veritas North Amer... | Department of Defense | $28.0M | N/A |
| HHS awards $4.9M contract for comprehensive analytical chemistry services to ... | Department of Health and Human Services | $4.9M | N/A |