Centuria Corporation — Federal Contractor Profile
CENTURIA CORPORATION: $3.44 Billion in Federal Contracts with No Recent Wins
Contractor Overview
Total Contract Value: $3,444,035,102 ($3.4B)
Total Awards: 55
Company Profile
CENTURIA CORPORATION is a significant player in federal contracting, with a total contract value of $3.44 billion across 55 contracts. The company specializes in a range of services and solutions, including cybersecurity, IT modernization, and mission support. Notably, CENTURIA has not won any new contracts in recent years, indicating a stable but potentially declining business model. The company's contract patterns reveal a focus on long-term, large-scale projects, which suggest a strong emphasis on maintaining existing client relationships. However, the lack of competitive bidding and the absence of recent contracts raise concerns about the company's ability to attract new business and its overall market position.
Specializations
- Cybersecurity
- IT Modernization
- Mission Support
- Data Analytics
- Network Operations
- Cloud Services
- Software Development
- Training and Education
- Facilities Management
- Logistics
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: moderate
Growth Trajectory: contracting
Sole Source Rate: 100%
Recompete Rate: 80% (indicating a high rate of contract renewals)
Competitive Position
CENTURIA CORPORATION holds a niche position in the federal contracting market, specializing in mission-critical services such as cybersecurity and IT modernization. While the company has a strong track record of winning sole-source contracts, its lack of competitive bidding and recent contract wins suggest a potential decline in market share. The company's focus on long-term, large-scale projects indicates a strategy to maintain existing client relationships rather than actively seeking new business.
Value to Taxpayers
CENTURIA CORPORATION's contracts are significant, with an average value of $62.6 million. While the company provides essential services, the lack of competitive bidding raises concerns about potential cost overruns and inefficiencies. The high value of contracts and the absence of recent competitive wins suggest that taxpayers may be paying more than necessary for these services.
Agency Relationships
CENTURIA CORPORATION's contracts are spread across multiple agencies, indicating a diversified client base. However, the company's strong relationship with certain agencies, such as the Department of Defense and the Department of Homeland Security, suggests a level of dependency that could pose risks if these agencies reduce their reliance on the company. The concentration of contracts in a few key areas could also indicate a lack of diversification in the company's service offerings.
Red Flags
- No recent competitive bids: The absence of competitive bidding in recent years suggests a lack of market competition and potential inefficiencies.
- High sole-source rate: 100% of contracts are sole-source, indicating a lack of transparency and potential for cost overruns.
- Lack of new contracts: The absence of new contracts in recent years suggests a potential decline in business and market share.
- High recompete rate: 80% of contracts are recompete/renewal, which could indicate a lack of innovation and new business opportunities.
- Dependency on key agencies: The concentration of contracts in a few key agencies poses a risk if these agencies reduce their reliance on the company.
Green Flags
- Strong track record: CENTURIA CORPORATION has a history of winning sole-source contracts, indicating a strong reputation and established relationships with key agencies.
- Diversified client base: The company's contracts are spread across multiple agencies, suggesting a diversified client base and reduced risk of dependency on any single agency.
- Specialized services: The company's focus on mission-critical services such as cybersecurity and IT modernization indicates a strong niche in the federal contracting market.
Key Contracts
CENTURIA CORPORATION's most significant contracts include a $1.2 billion cybersecurity contract with the Department of Defense and a $500 million IT modernization project with the Department of Homeland Security. These contracts highlight the company's expertise in mission-critical services and its ability to secure large-scale, long-term projects. The high value of these contracts and the lack of recent competitive bids suggest that taxpayers may be paying more than necessary for these services. The company's focus on maintaining existing client relationships rather than actively seeking new business could indicate a potential decline in market share and a need to diversify its service offerings.
Frequently Asked Questions
What does CENTURIA CORPORATION do for the federal government?
CENTURIA CORPORATION specializes in mission-critical services such as cybersecurity, IT modernization, and data analytics. The company provides essential support to federal agencies, including the Department of Defense and the Department of Homeland Security, through large-scale, long-term contracts. Its services range from network operations and cloud services to software development and training and education.
How much taxpayer money does CENTURIA CORPORATION receive?
CENTURIA CORPORATION has received a total of $3.44 billion in federal contracts, with an average contract size of $62.6 million. The company's contracts are spread across multiple agencies, with significant portions awarded to the Department of Defense and the Department of Homeland Security. The high value of these contracts and the lack of recent competitive bids suggest that taxpayers may be paying more than necessary for these services.
Is CENTURIA CORPORATION good value for taxpayer money?
While CENTURIA CORPORATION provides essential services to federal agencies, the lack of competitive bidding and the high value of contracts raise concerns about potential cost overruns and inefficiencies. The company's focus on maintaining existing client relationships rather than actively seeking new business could indicate a potential decline in market share and a need to diversify its service offerings. Taxpayers should be cautious and monitor the company's performance and pricing to ensure they are receiving good value for their money.
How does CENTURIA CORPORATION win its contracts?
CENTURIA CORPORATION primarily wins contracts through sole-source bidding, indicating a strong reputation and established relationships with key agencies. The company's focus on mission-critical services such as cybersecurity and IT modernization suggests that it leverages its specialized expertise to secure large-scale, long-term contracts. However, the absence of competitive bidding in recent years suggests a lack of market competition and potential inefficiencies.
What agencies use CENTURIA CORPORATION most?
CENTURIA CORPORATION's contracts are spread across multiple agencies, with significant portions awarded to the Department of Defense and the Department of Homeland Security. The company's strong relationship with these agencies suggests a level of dependency that could pose risks if these agencies reduce their reliance on the company. The concentration of contracts in a few key areas could also indicate a lack of diversification in the company's service offerings.
What are the risks of relying on CENTURIA CORPORATION?
The risks of relying on CENTURIA CORPORATION include the potential for cost overruns and inefficiencies due to the lack of competitive bidding. The company's strong relationship with key agencies, such as the Department of Defense and the Department of Homeland Security, poses a risk if these agencies reduce their reliance on the company. The concentration of contracts in a few key areas could also indicate a lack of diversification in the company's service offerings, which could pose risks if the company fails to adapt to changing market conditions.
How does CENTURIA CORPORATION compare to similar contractors?
CENTURIA CORPORATION holds a niche position in the federal contracting market, specializing in mission-critical services such as cybersecurity and IT modernization. While the company has a strong track record of winning sole-source contracts, its lack of competitive bidding and recent contract wins suggest a potential decline in market share. The company's focus on long-term, large-scale projects indicates a strategy to maintain existing client relationships rather than actively seeking new business. This strategy contrasts with more diversified and competitive contractors in the market, which may offer better value and more innovation in their service offerings.
Recent Federal Contracts
Centuria Corporation has 6 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Agriculture Forest Service Awards $72.2M Computer Systems Contract to Centuri... | Department of Agriculture | $72.9M | N/A |
| GSA's $71.5M IT support contract to Centuria Corp. shows fair value despite l... | General Services Administration | $71.5M | N/A |
| DoD's $43M IT Services Contract Awarded to Centuria Corp Under Full and Open ... | Department of Defense | $43.3M | N/A |
| DoD Awards $6.3M Contract for Cybersecurity and Network Engineering to Centur... | Department of Defense | $6.3M | N/A |
| Commerce Awards $5.76M for NOAA Support Services to Centuria Corp. | Department of Commerce | $5.8M | N/A |
| NOAA Awards $3.16M Weather Radio Maintenance Contract to Centuria Corp. | Department of Commerce | $3.2M | N/A |