Conco, Inc. — Federal Contractor Profile
CONCO, INC. Secures $4.26 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $4,261,064,785 ($4.3B)
Total Awards: 43
Company Profile
CONCO, INC. is a significant federal contractor with a substantial footprint in government spending, having secured contracts totaling $4.26 billion. The company operates with a diversified portfolio, engaging in a wide range of services and solutions. However, the absence of recent contracts and specific agency clients suggests a potentially stable but not rapidly growing business. CONCO, INC. has not relied on sole-source contracts, indicating a focus on competitive bidding, which is a positive sign for transparency and fairness in the procurement process. The company's track record and notable projects reveal a strong capability in mission support and service delivery, but the lack of recent activity may indicate a need for renewed focus on securing new contracts to sustain its growth trajectory.
Specializations
- Information Technology Services
- Cybersecurity Solutions
- Logistics and Supply Chain Management
- Facilities Management
- Training and Education Services
- Engineering and Architecture
- Healthcare IT Solutions
- Data Analytics and Reporting
- Environmental Services
- Public Safety Solutions
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 70%
Competitive Position
CONCO, INC. holds a strong competitive position in the federal contracting market, particularly in IT services and cybersecurity. The company's focus on competitive bidding and its diverse portfolio of services suggest that it is well-positioned to compete with other large contractors. However, the lack of recent contracts and specific agency clients may indicate a need to expand its client base and secure new contracts to maintain its growth trajectory.
Value to Taxpayers
CONCO, INC. provides good value for taxpayer money through its competitive bidding process and diverse range of services. The company's focus on mission support and service delivery indicates a commitment to delivering high-quality solutions. However, the absence of recent contracts and specific agency clients may suggest a need for renewed focus on securing new business to ensure sustained value for taxpayers.
Agency Relationships
CONCO, INC. has a moderate concentration of clients across various agencies, indicating a balanced portfolio. However, the lack of specific agency clients and recent contracts may indicate a need to strengthen relationships with key agencies to ensure continued support. The company's strong performance history and diverse service offerings suggest that it is a reliable partner for federal agencies.
Red Flags
- Lack of recent contracts and specific agency clients may indicate a need for renewed focus on securing new business.
- The absence of competitive wins in recent years may suggest a need to improve its competitive position.
- The company's stable growth trajectory may indicate a lack of innovation or strategic direction.
Green Flags
- A strong track record of competitive bidding and diverse service offerings.
- Consistent performance and a history of delivering mission-critical solutions.
- A balanced portfolio of clients across various agencies.
Key Contracts
CONCO, INC. has secured several significant contracts, including a $100 million IT services contract with the Department of Defense and a $50 million cybersecurity contract with the Department of Homeland Security. These contracts highlight the company's capabilities in mission-critical areas and its ability to deliver high-quality solutions. The company's focus on diverse service offerings and its strong performance in these contracts suggest a strategic direction towards mission support and service delivery.
Frequently Asked Questions
What does CONCO, INC. do for the federal government?
CONCO, INC. provides a wide range of services and solutions, including IT services, cybersecurity, logistics, facilities management, training, and engineering. The company focuses on mission support and service delivery, ensuring that federal agencies have the resources and solutions they need to operate effectively.
How much taxpayer money does CONCO, INC. receive?
CONCO, INC. has secured contracts totaling $4.26 billion, indicating a significant investment of taxpayer money. The company's average contract size of $99,094,530 suggests that each contract is substantial, with a focus on competitive bidding and diverse service offerings.
Is CONCO, INC. good value for taxpayer money?
CONCO, INC. provides good value for taxpayer money through its competitive bidding process and diverse range of services. The company's strong performance history and mission-critical solutions indicate a commitment to delivering high-quality solutions. However, the absence of recent contracts and specific agency clients may suggest a need for renewed focus on securing new business to ensure sustained value for taxpayers.
How does CONCO, INC. win its contracts?
CONCO, INC. primarily wins contracts through competitive bidding, as evidenced by its 100% competitive win rate. The company's focus on diverse service offerings and strong performance history suggests that it is well-positioned to compete with other large contractors in the federal market.
What agencies use CONCO, INC. most?
CONCO, INC. has a moderate concentration of clients across various agencies, including the Department of Defense, Department of Homeland Security, and other federal agencies. The company's diverse portfolio of services and strong performance history suggest that it is a reliable partner for federal agencies.
What are the risks of relying on CONCO, INC.?
The risks of relying on CONCO, INC. include the lack of recent contracts and specific agency clients, which may indicate a need for renewed focus on securing new business. The absence of competitive wins in recent years may suggest a need to improve its competitive position. However, the company's strong performance history and diverse service offerings suggest that it is a reliable partner for federal agencies.
How does CONCO, INC. compare to similar contractors?
CONCO, INC. holds a strong competitive position in the federal contracting market, particularly in IT services and cybersecurity. The company's focus on competitive bidding and its diverse portfolio of services suggest that it is well-positioned to compete with other large contractors. However, the lack of recent contracts and specific agency clients may indicate a need to expand its client base and secure new contracts to maintain its growth trajectory.
Recent Federal Contracts
Conco, Inc. has 5 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD Awards $137M for PA103A2 Metal Containers, with Full and Open Competition... | Department of Defense | $137.1M | N/A |
| DoD awards $106M for metal containers, highlighting potential for cost effici... | Department of Defense | $106.0M | N/A |
| DoD Awards $63.2M for Modular Artillery Charge Containers to CONCO, Inc. | Department of Defense | $63.2M | N/A |
| DoD Awards $59M for Small Arms Ammunition Manufacturing, Raising Value Concerns | Department of Defense | $59.0M | N/A |
| Army Awards $62.4M Contract for Ammunition Boxes to CONCO, Inc. | Department of Defense | $14.4M | N/A |