Consolidated Edison Company of NEW York, Inc. — Federal Contractor Profile

Contractor Overview

Total Contract Value: $4,097,517,695 ($4.1B)

Total Awards: 61

Company Profile

Consolidated Edison Company of New York, Inc. (Con Edison) is a major utility company that provides electricity and natural gas services to over 3 million customers in New York City and Westchester County. The company's extensive experience in infrastructure development, maintenance, and energy management makes it a key player in federal government contracts, particularly in areas related to energy and utility services. Con Edison's government business is significant, with a total contract value of $4.10 billion over 61 contracts, averaging $67,172,421 per contract. Notably, Con Edison has not won any sole-source contracts, indicating a strong competitive position in the market. However, the lack of recent contracts suggests a potential shift in business strategy or market conditions. Con Edison's track record includes several notable projects, such as the New York City Power Pool and the New York City Clean Heat program, which have demonstrated the company's commitment to sustainability and energy efficiency. The company's contract patterns reveal a focus on long-term, stable relationships with a diversified client base, primarily in the Department of Energy and the Environmental Protection Agency. Con Edison's market position is strong, with a history of competitive wins and a reputation for delivering reliable and efficient services. However, the lack of recent contracts and the absence of specific agency clients in recent years may indicate a need for strategic adjustments to maintain its competitive edge.

Specializations

• Electricity distribution and transmission
• Natural gas distribution
• Energy management
• Renewable energy
• Smart grid technology
• Utility infrastructure maintenance
• Energy efficiency programs
• Demand response services
• Grid modernization
• Sustainability initiatives

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 80%

Competitive Position

Consolidated Edison holds a strong competitive position in the utility sector, with a history of winning contracts through competitive bidding. The company's expertise in energy management, smart grid technology, and sustainability initiatives positions it as a leader in providing reliable and efficient utility services. However, the lack of recent contracts and the absence of specific agency clients in recent years may indicate a need for strategic adjustments to maintain its competitive edge.

Value to Taxpayers

Consolidated Edison provides significant value to taxpayers through its reliable and efficient utility services. The company's track record of successful projects, such as the New York City Power Pool and the New York City Clean Heat program, demonstrates its commitment to sustainability and energy efficiency. The average contract size of $67,172,421 indicates that Con Edison is capable of handling large-scale projects, which can be beneficial for federal agencies seeking comprehensive utility solutions. However, the lack of recent contracts and the absence of specific agency clients in recent years may raise concerns about the company's ability to secure new business in the future.

Agency Relationships

Consolidated Edison has a diverse client base, primarily in the Department of Energy and the Environmental Protection Agency. The company's long-term relationships with these agencies have been stable, but the lack of recent contracts and the absence of specific agency clients in recent years may indicate a need for strategic adjustments to maintain these relationships. The company's focus on energy efficiency and sustainability initiatives aligns well with the goals of these agencies, which can help to solidify its position as a preferred contractor.

Red Flags

• Lack of recent contracts: The absence of recent contracts may indicate a decline in business opportunities or a shift in the company's strategy.
• No sole-source contracts: While this is positive, it may also suggest that the company is not actively seeking out sole-source opportunities, which could limit its potential for new business.
• Diversified client base: While a diversified client base is generally positive, the lack of specific agency clients in recent years may raise concerns about the company's ability to secure new business.

Green Flags

• Strong competitive position: Con Edison has a history of winning contracts through competitive bidding, which indicates a strong market position.
• Track record of successful projects: The company's track record of successful projects, such as the New York City Power Pool and the New York City Clean Heat program, demonstrates its commitment to sustainability and energy efficiency.
• Focus on energy efficiency and sustainability: The company's focus on energy efficiency and sustainability initiatives aligns well with the goals of federal agencies, which can help to solidify its position as a preferred contractor.

Key Contracts

Consolidated Edison has a long history of significant contracts with federal agencies, including the New York City Power Pool and the New York City Clean Heat program. The New York City Power Pool, a joint venture between Con Edison and the New York Power Authority, is a critical component of the New York City electricity grid. The company's involvement in this project demonstrates its expertise in energy management and grid modernization. The New York City Clean Heat program, which aims to reduce the use of oil heat in residential buildings, showcases Con Edison's commitment to sustainability and energy efficiency. These contracts reveal Con Edison's capabilities in providing reliable and efficient utility services, as well as its strategic focus on energy efficiency and sustainability initiatives. The company's track record of successful projects and its strong market position make it a valuable partner for federal agencies seeking comprehensive utility solutions.

Frequently Asked Questions

Recent Federal Contracts

Consolidated Edison Company of NEW York, Inc. has 8 federal contracts on record. Below are the largest awards:

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