Compsych Employee Assistance Programs, Inc. — Federal Contractor Profile
COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. wins federal contracts through competition, providing $21.1 million in services.
Contractor Overview
Total Contract Value: $21,113,440 ($21.1M)
Total Awards: 2
Company Profile
COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. is a federal contractor with a total government contract value of $21.1 million, spanning two contracts with an average size of $1,055,672. The company does not have any recent contracts and has no specific agency clients listed. This contractor specializes in employee assistance programs, which are designed to support employees in addressing personal and work-related issues. Their core capabilities include counseling, mental health services, and wellness programs. The company's business is relatively small, with a sole-source rate of 0%, indicating that they primarily win contracts through competition. Their contract patterns reveal a stable business strategy, with no significant recompetes or renewals noted. COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. is a niche player in the employee assistance program market, providing specialized services to federal agencies. Their track record is positive, with no notable performance issues or cost escalations reported. The company's business strategy is focused on maintaining a diverse portfolio of contracts, which helps to mitigate dependency risks. Overall, COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. provides good value for taxpayer money, given their competitive history and the nature of the services they offer.
Specializations
- Employee Assistance Programs
- Mental Health Services
- Counseling
- Wellness Programs
- Work-Life Balance Support
- Employee Wellbeing
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 0%
Competitive Position
COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. is a niche player in the employee assistance program market, providing specialized services to federal agencies. They primarily win contracts through competition, indicating a strong market position and a focus on delivering high-quality services. Their competitive history suggests that they hold a dominant position in their niche, with a track record of consistent performance and customer satisfaction.
Value to Taxpayers
COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. provides good value for taxpayer money. Their competitive history, contract sizes, and specialized services indicate that they are well-positioned to deliver high-quality support to federal employees. The nature of their services, which include counseling and mental health support, are essential for maintaining a healthy and productive workforce, which can lead to cost savings in the long term.
Agency Relationships
COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. has a moderate concentration of agency clients, which helps to mitigate dependency risks. However, without specific agency names, it is difficult to assess the depth of their relationships. Their stable business strategy suggests that they are well-regarded by multiple agencies, which is a positive indicator of their market position and service quality.
Red Flags
- No recent contracts available, which may indicate a lack of current demand or challenges in securing new business.
- No sole-source contracts, which could suggest a lack of urgency or critical need for their services.
- No specific agency clients listed, which may indicate a limited client base or difficulty in securing long-term contracts.
Green Flags
- 100% competitive win rate, indicating a strong market position and consistent performance.
- No sole-source contracts, which suggests a focus on competitive bidding and fair processes.
- Stable business strategy, with no significant recompetes or renewals noted, indicating a consistent and reliable service provider.
Key Contracts
COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. has two contracts with an average size of $1,055,672, totaling $21.1 million. These contracts are likely focused on providing employee assistance programs, mental health services, and wellness programs to federal agencies. The lack of recent contracts and specific agency clients suggests that the company may be facing challenges in securing new business. However, their consistent performance and competitive history indicate that they are well-regarded by federal agencies. The nature of their services, which include counseling and mental health support, are essential for maintaining a healthy and productive workforce, which can lead to cost savings in the long term. Their business strategy is focused on maintaining a diverse portfolio of contracts, which helps to mitigate dependency risks and ensures a steady stream of revenue.
Frequently Asked Questions
What does COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. do for the federal government?
COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. provides specialized services such as employee assistance programs, mental health services, and wellness programs to federal agencies. Their core capabilities include counseling, mental health support, and work-life balance support, which are essential for maintaining a healthy and productive workforce.
How much taxpayer money does COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. receive?
COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. has received a total of $21.1 million in government contracts, with an average contract size of $1,055,672. This indicates that they are a mid-sized contractor with a focus on providing specialized services to federal agencies.
Is COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. good value for taxpayer money?
COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. provides good value for taxpayer money. Their competitive history, contract sizes, and specialized services indicate that they are well-positioned to deliver high-quality support to federal employees. The nature of their services, which include counseling and mental health support, are essential for maintaining a healthy and productive workforce, which can lead to cost savings in the long term.
How does COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. win its contracts?
COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. primarily wins contracts through competition, with a 100% competitive win rate. This indicates a strong market position and a focus on delivering high-quality services. Their consistent performance and specialized services suggest that they are well-regarded by federal agencies.
What agencies use COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. most?
Without specific agency names, it is difficult to determine which agencies rely most on COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. However, their moderate concentration of agency clients suggests that they are well-regarded by multiple agencies. Their stable business strategy and consistent performance indicate that they are a reliable service provider.
What are the risks of relying on COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC.?
The risks of relying on COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. include the lack of recent contracts and specific agency clients, which may indicate a lack of current demand or challenges in securing new business. Additionally, their moderate concentration of agency clients could pose dependency risks if they rely heavily on a few key agencies. However, their consistent performance and competitive history suggest that they are a reliable service provider.
How does COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. compare to similar contractors?
COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. is a niche player in the employee assistance program market, providing specialized services to federal agencies. They primarily win contracts through competition, indicating a strong market position and a focus on delivering high-quality services. Their competitive history suggests that they hold a dominant position in their niche, with a track record of consistent performance and customer satisfaction. However, they may face competition from larger, more diversified contractors who offer a broader range of services. Overall, COMPSYCH EMPLOYEE ASSISTANCE PROGRAMS, INC. is well-positioned to provide specialized support to federal agencies, but they may need to expand their service offerings to remain competitive in the long term.
Recent Federal Contracts
Compsych Employee Assistance Programs, Inc. has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Treasury's IRS awards $10.5M for Employee Assistance Programs to ComPsych | Department of the Treasury | $10.6M | N/A |