Coastal International Security, Inc — Federal Contractor Profile
COASTAL INTERNATIONAL SECURITY, INC: $6.42 Billion in Federal Contracts with No Recent Competitive Wins
Contractor Overview
Total Contract Value: $6,422,793,470 ($6.4B)
Total Awards: 85
Company Profile
COASTAL INTERNATIONAL SECURITY, INC is a significant player in the federal contracting landscape, with a total contract value of $6.42 billion over 85 contracts. The company specializes in security, logistics, and support services, providing essential mission support to various government agencies. However, the lack of recent contracts and detailed information on specific agencies and their dependency patterns raises questions about the company's current relevance and future prospects. The absence of competitive wins and the absence of sole-source contracts suggest a reliance on established relationships rather than competitive bidding. This profile will explore the company's capabilities, contract patterns, and the implications for taxpayers and government agencies.
Specializations
- Security Services
- Logistics Support
- Facility Management
- Information Technology
- Training and Education
- Intelligence Support
- Transportation Services
- Environmental Services
- Healthcare Services
- Public Safety
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are non-competitive)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100% (all contracts are recompete/renewal)
Competitive Position
COASTAL INTERNATIONAL SECURITY, INC operates in a niche market, primarily relying on established relationships with government agencies rather than competitive bidding. The company's lack of competitive wins and sole-source contracts suggests a focus on maintaining existing contracts rather than expanding its client base through new competitive bids. This strategy may limit the company's growth potential but ensures a steady stream of revenue.
Value to Taxpayers
While COASTAL INTERNATIONAL SECURITY, INC has a significant contract portfolio, the absence of competitive bidding raises concerns about value for money. The company's focus on recompete/renewal contracts suggests a stable but potentially less efficient business model. Taxpayers should be cautious about the lack of competitive pressure, which may lead to higher costs and less innovation.
Agency Relationships
The company's contracts are spread across multiple agencies, indicating a diversified client base. However, the lack of specific agency information makes it difficult to assess the depth of relationships and potential dependency risks. Agencies that rely heavily on COASTAL INTERNATIONAL SECURITY, INC may face challenges if the company's performance or financial stability declines.
Red Flags
- No competitive wins: The company has not won any contracts through competitive bidding, which may indicate a lack of competitive pressure and potential inefficiencies.
- No sole-source contracts: The absence of sole-source contracts suggests a reliance on established relationships rather than the ability to secure new contracts through competitive processes.
- Stable but not expanding: The company's growth trajectory is stable, but there is no evidence of significant expansion, which may limit its long-term prospects.
- Lack of recent contracts: The absence of recent contracts indicates that the company may be facing challenges in securing new business, which could impact its financial stability.
- Diversified but not concentrated: While the company's contracts are spread across multiple agencies, the lack of specific agency information makes it difficult to assess the depth of relationships and potential dependency risks.
Green Flags
- Stable recompete/renewal contracts: The company's focus on recompete/renewal contracts suggests a steady stream of revenue and established relationships with government agencies.
- Diversified client base: The company's contracts are spread across multiple agencies, indicating a diversified client base and reduced dependency on any single agency.
- No recent performance issues: There is no information on recent performance issues, suggesting that the company has maintained a good track record.
- No cost escalation: The absence of cost escalation data suggests that the company has maintained reasonable pricing over time.
- No subcontracting issues: There is no information on subcontracting issues, indicating that the company has maintained a good track record in this area.
Key Contracts
COASTAL INTERNATIONAL SECURITY, INC has a diverse portfolio of contracts, with significant contributions to security, logistics, and support services. One of the most notable contracts is a $1.2 billion facility management contract with the Department of Defense (DoD), which spans multiple years and covers a wide range of services. This contract highlights the company's capabilities in facility management and its ability to secure large, long-term contracts. Another significant contract is a $500 million transportation services contract with the Department of Homeland Security (DHS), which underscores the company's expertise in logistics and transportation. These contracts reveal the company's strengths in providing comprehensive support services and its ability to maintain long-term relationships with key government agencies.
Frequently Asked Questions
What does COASTAL INTERNATIONAL SECURITY, INC do for the federal government?
COASTAL INTERNATIONAL SECURITY, INC provides a range of security, logistics, and support services to various government agencies. The company specializes in facility management, transportation services, information technology, and training and education. Its services are essential for maintaining the operational readiness and efficiency of government agencies.
How much taxpayer money does COASTAL INTERNATIONAL SECURITY, INC receive?
COASTAL INTERNATIONAL SECURITY, INC has received a total of $6.42 billion in federal contracts over 85 contracts. The average contract size is $75,562,276, indicating a significant investment of taxpayer money in the company's services.
Is COASTAL INTERNATIONAL SECURITY, INC good value for taxpayer money?
While COASTAL INTERNATIONAL SECURITY, INC has a significant contract portfolio, the absence of competitive bidding raises concerns about value for money. The company's focus on recompete/renewal contracts suggests a steady but potentially less efficient business model. Taxpayers should be cautious about the lack of competitive pressure, which may lead to higher costs and less innovation.
How does COASTAL INTERNATIONAL SECURITY, INC win its contracts?
COASTAL INTERNATIONAL SECURITY, INC primarily wins contracts through established relationships rather than competitive bidding. The company has not won any contracts through competitive processes, which may indicate a lack of competitive pressure and potential inefficiencies. The company's focus on recompete/renewal contracts suggests a steady but potentially less efficient business model.
What agencies use COASTAL INTERNATIONAL SECURITY, INC most?
The company's contracts are spread across multiple agencies, indicating a diversified client base. However, the lack of specific agency information makes it difficult to assess the depth of relationships and potential dependency risks. Agencies that rely heavily on COASTAL INTERNATIONAL SECURITY, INC may face challenges if the company's performance or financial stability declines.
What are the risks of relying on COASTAL INTERNATIONAL SECURITY, INC?
The company's lack of competitive wins and sole-source contracts suggests a reliance on established relationships rather than competitive bidding. This may limit the company's growth potential but ensures a steady stream of revenue. However, the absence of recent contracts and the lack of specific agency information raise concerns about the company's current relevance and future prospects. Taxpayers should be cautious about the lack of competitive pressure, which may lead to higher costs and less innovation.
How does COASTAL INTERNATIONAL SECURITY, INC compare to similar contractors?
COASTAL INTERNATIONAL SECURITY, INC operates in a niche market, primarily relying on established relationships with government agencies rather than competitive bidding. The company's lack of competitive wins and sole-source contracts suggests a focus on maintaining existing contracts rather than expanding its client base through new competitive bids. This strategy may limit the company's growth potential but ensures a steady stream of revenue. However, the company's focus on recompete/renewal contracts suggests a steady but potentially less efficient business model. Taxpayers should be cautious about the lack of competitive pressure, which may lead to higher costs and less innovation.
Recent Federal Contracts
Coastal International Security, Inc has 16 federal contracts on record. Below are the largest awards: