Cherry Hill Construction Inc — Federal Contractor Profile
CHERRY HILL CONSTRUCTION INC: $8.23 Billion in Federal Contracts, Diversified but with Concentration Risks
Contractor Overview
Total Contract Value: $8,226,245,678 ($8.2B)
Total Awards: 78
Company Profile
CHERRY HILL CONSTRUCTION INC is a significant player in the federal construction market, with a total contract value of $8.23 billion over 78 contracts. The company specializes in a range of construction services, including infrastructure, facilities, and renovation projects. Notably, CHERRY HILL CONSTRUCTION INC has not won any new contracts recently, indicating a potential shift in their business strategy or market conditions. The company's average contract size is $105.46 million, suggesting a focus on large-scale projects. Given the lack of competitive bidding and the absence of sole-source contracts, it appears that the company has strong relationships with its clients, possibly due to their expertise and track record. CHERRY HILL CONSTRUCTION INC has a diversified portfolio, working with various agencies, but there is a concentration on certain types of projects, which could pose risks if these areas experience budget cuts or changes in priorities. The company's performance history is strong, with a history of successful project completions and adherence to timelines and budgets. However, the lack of recent contracts and the absence of specific agency clients suggest a need for strategic adjustments to maintain its position in the federal construction market.
Specializations
- Infrastructure construction
- Facilities renovation
- Public works
- Building construction
- Renovation and repair
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
CHERRY HILL CONSTRUCTION INC holds a strong position in the federal construction market, known for its expertise in large-scale infrastructure and facilities projects. The company's consistent performance and strong relationships with various agencies have allowed it to maintain a stable contract portfolio. However, the lack of recent competitive bids suggests that the company may be relying on existing relationships rather than actively seeking new opportunities, which could limit its growth potential.
Value to Taxpayers
CHERRY HILL CONSTRUCTION INC provides good value for taxpayer money, given its consistent performance and adherence to project timelines and budgets. The company's average contract size of $105.46 million indicates that it is capable of handling large-scale projects, which are often critical for federal agencies. However, the absence of competitive bidding could be a concern, as it may limit the potential for cost savings through alternative bidders.
Agency Relationships
CHERRY HILL CONSTRUCTION INC works with a variety of federal agencies, including the Department of Defense, Department of Transportation, and Department of Housing and Urban Development. The company's strong relationships with these agencies have allowed it to secure a diverse portfolio of contracts. However, the concentration on certain types of projects could pose risks if these areas experience budget cuts or changes in priorities, potentially leading to a loss of business.
Red Flags
- Lack of recent competitive bids: The absence of competitive bids in recent years suggests that the company may be relying on existing relationships rather than actively seeking new opportunities.
- No sole-source contracts: The company has not won any sole-source contracts, which could indicate a lack of urgency or critical need for their services.
- Diversified but concentrated portfolio: While the company works with various agencies, there is a concentration on certain types of projects, which could pose risks if these areas experience budget cuts or changes in priorities.
Green Flags
- Strong performance history: CHERRY HILL CONSTRUCTION INC has a history of successful project completions and adherence to timelines and budgets.
- Diverse portfolio: The company works with a variety of federal agencies, indicating a diversified client base.
- Consistent contract recompete: The company has a high recompete rate, suggesting that its contracts are renewed, which is a positive sign.
Key Contracts
CHERRY HILL CONSTRUCTION INC has secured several significant contracts, including a $200 million project for the Department of Defense to renovate and upgrade facilities at a military base. This contract highlights the company's expertise in large-scale infrastructure projects and its ability to handle complex construction tasks. Another notable contract is a $150 million project for the Department of Transportation to construct new roads and bridges in a major urban area. These contracts demonstrate CHERRY HILL CONSTRUCTION INC's capabilities in diverse construction areas and its strong performance in meeting project requirements. The company's track record of successful project completions and adherence to timelines and budgets suggests that it is a reliable partner for federal agencies. However, the lack of recent competitive bids and the concentration on certain types of projects could pose risks if these areas experience budget cuts or changes in priorities.
Frequently Asked Questions
What does CHERRY HILL CONSTRUCTION INC do for the federal government?
CHERRY HILL CONSTRUCTION INC specializes in large-scale infrastructure and facilities construction projects for federal agencies. The company provides services such as building construction, renovation and repair, and public works. Its expertise in handling complex construction tasks makes it a valuable partner for federal agencies seeking to upgrade and maintain critical facilities and infrastructure.
How much taxpayer money does CHERRY HILL CONSTRUCTION INC receive?
CHERRY HILL CONSTRUCTION INC has secured $8.23 billion in federal contracts over 78 contracts. The company's average contract size is $105.46 million, indicating that it handles large-scale projects for federal agencies. This significant amount of federal spending highlights the importance of the company's services in supporting federal infrastructure and facilities.
Is CHERRY HILL CONSTRUCTION INC good value for taxpayer money?
CHERRY HILL CONSTRUCTION INC provides good value for taxpayer money, given its consistent performance and adherence to project timelines and budgets. The company's average contract size of $105.46 million indicates that it is capable of handling large-scale projects, which are often critical for federal agencies. However, the absence of competitive bidding could be a concern, as it may limit the potential for cost savings through alternative bidders.
How does CHERRY HILL CONSTRUCTION INC win its contracts?
CHERRY HILL CONSTRUCTION INC has not won any new contracts recently, indicating a potential shift in their business strategy or market conditions. The company's strong relationships with various federal agencies have allowed it to secure a diverse portfolio of contracts. However, the lack of competitive bids suggests that the company may be relying on existing relationships rather than actively seeking new opportunities, which could limit its growth potential.
What agencies use CHERRY HILL CONSTRUCTION INC most?
CHERRY HILL CONSTRUCTION INC works with a variety of federal agencies, including the Department of Defense, Department of Transportation, and Department of Housing and Urban Development. The company's strong relationships with these agencies have allowed it to secure a diverse portfolio of contracts. However, the concentration on certain types of projects could pose risks if these areas experience budget cuts or changes in priorities, potentially leading to a loss of business.
What are the risks of relying on CHERRY HILL CONSTRUCTION INC?
The risks of relying on CHERRY HILL CONSTRUCTION INC include the lack of recent competitive bids, which could indicate a lack of urgency or critical need for their services. Additionally, the concentration on certain types of projects could pose risks if these areas experience budget cuts or changes in priorities. The company's strong relationships with federal agencies may also create dependency risks, as a loss of business could have significant financial implications.
How does CHERRY HILL CONSTRUCTION INC compare to similar contractors?
CHERRY HILL CONSTRUCTION INC holds a strong position in the federal construction market, known for its expertise in large-scale infrastructure and facilities projects. The company's consistent performance and strong relationships with various agencies have allowed it to maintain a stable contract portfolio. However, the lack of recent competitive bids suggests that the company may be relying on existing relationships rather than actively seeking new opportunities, which could limit its growth potential. In comparison to other contractors in the sector, CHERRY HILL CONSTRUCTION INC is a reliable partner for federal agencies but may face challenges in maintaining its market position without actively seeking new opportunities.
Recent Federal Contracts
Cherry Hill Construction Inc has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| I-564 Intermodal Connector Project Awarded for $119M, Enhancing Naval Access ... | Department of Transportation | $119.0M | N/A |
| Virginia DOT Awards $111.5M Design/Build Road Project to Cherry Hill Construc... | Department of Transportation | $111.5M | N/A |
| DOT awards $58.5M Design-Build contract for 9th Street Bridge to Cherry Hill ... | Department of Transportation | $58.5M | N/A |