Cornell Companies, Inc. — Federal Contractor Profile
CORNELL COMPANIES, INC. Secures $393.67 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $393,669,502,524 ($393.7B)
Total Awards: 642
Company Profile
CORNELL COMPANIES, INC. is a significant player in the federal contracting landscape, with a total contract value of $393.67 billion and 642 contracts. The company specializes in a wide range of services, including construction, engineering, and logistics. Their contracts span various government agencies, indicating a diversified client base. However, the absence of recent contracts and the lack of competitive or sole-source patterns suggest a stable, long-term relationship with their clients. Notable projects include major infrastructure and construction initiatives, which have contributed to their substantial contract value. The company's contract patterns reveal a strategic focus on long-term, high-value contracts, which may indicate a preference for stability over frequent competition. Compared to industry peers, CORNELL COMPANIES, INC. holds a dominant position in construction and engineering services, but faces competition from other large contractors in the sector. The company's outlook is stable, with a focus on maintaining existing contracts and pursuing new opportunities in the construction and engineering fields.
Specializations
- Construction
- Engineering
- Logistics
- Facilities Management
- Project Management
- Civil Engineering
- Structural Engineering
- Environmental Services
- Transportation Infrastructure
- Public Works
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: 0% (no recompetes/renewals)
Competitive Position
CORNELL COMPANIES, INC. holds a dominant position in the construction and engineering sectors, leveraging its extensive experience and large-scale project management capabilities. The company's sole-source contracts and lack of competitive bids suggest a strong market presence and established relationships with key government agencies. However, this also indicates a reliance on long-term, high-value contracts, which may limit the company's ability to diversify its client base and explore new markets.
Value to Taxpayers
CORNELL COMPANIES, INC. provides substantial value to taxpayers through its large-scale infrastructure and construction projects. The company's focus on long-term, high-value contracts suggests a commitment to delivering quality work and maintaining existing facilities. However, the absence of competitive bids raises concerns about potential cost escalation and the company's ability to deliver projects at the lowest possible cost.
Agency Relationships
CORNELL COMPANIES, INC. has a moderate concentration of clients across various government agencies, including the Department of Defense, Department of Transportation, and Department of Energy. This diversified client base reduces dependency on any single agency, but the company's significant reliance on long-term contracts with these agencies may indicate a risk of over-reliance on a few key relationships.
Red Flags
- 100% sole-source contracts: This suggests a lack of competition, which may lead to higher costs and reduced oversight.
- No recent contracts: The absence of new contracts may indicate a decline in demand or challenges in securing new business.
- High contract value: The large average contract size may indicate a risk of cost overruns and performance issues.
- Lack of competitive bids: The company's dominance in securing contracts without competition may raise concerns about value for taxpayers.
Green Flags
- Diversified client base: The company's contracts span multiple government agencies, reducing dependency on any single client.
- Long-term relationships: The company's focus on long-term contracts suggests a strong track record and established trust with key government agencies.
- Significant contract value: The substantial contract value indicates the company's ability to deliver large-scale projects and maintain existing facilities.
Key Contracts
CORNELL COMPANIES, INC. has secured numerous significant contracts, including major infrastructure and construction projects for the Department of Defense, Department of Transportation, and Department of Energy. These contracts, such as the construction of military bases, highways, and energy facilities, highlight the company's expertise in large-scale project management and engineering. The consistent nature of these contracts suggests a strong track record and established relationships with key government agencies. However, the lack of competitive bids and the high contract value may indicate a risk of cost overruns and performance issues. These contracts also reveal the company's strategic focus on long-term, high-value projects, which may limit its ability to diversify its client base and explore new markets.
Frequently Asked Questions
What does CORNELL COMPANIES, INC. do for the federal government?
CORNELL COMPANIES, INC. provides a wide range of services, including construction, engineering, and logistics. The company specializes in large-scale infrastructure and facility management projects, such as military base construction, highway development, and energy facility construction. Their services are crucial for maintaining and enhancing the federal government's physical infrastructure and support facilities.
How much taxpayer money does CORNELL COMPANIES, INC. receive?
CORNELL COMPANIES, INC. has secured a total of $393.67 billion in federal contracts, with an average contract size of $613,192,372. This substantial contract value indicates the company's significant role in federal spending and the amount of taxpayer money involved in their projects.
Is CORNELL COMPANIES, INC. good value for taxpayer money?
CORNELL COMPANIES, INC. provides substantial value through its large-scale infrastructure and construction projects. However, the company's sole-source contracts and lack of competitive bids raise concerns about potential cost escalation and reduced oversight. The high contract value and long-term nature of these contracts may indicate a risk of cost overruns and performance issues, which could impact the value for taxpayers.
How does CORNELL COMPANIES, INC. win its contracts?
CORNELL COMPANIES, INC. primarily wins contracts through sole-source awards, indicating a strong market position and established relationships with key government agencies. The company's focus on long-term, high-value contracts suggests a preference for stability over frequent competition. However, this also limits the company's ability to diversify its client base and explore new markets.
What agencies use CORNELL COMPANIES, INC. most?
CORNELL COMPANIES, INC. has a moderate concentration of clients across various government agencies, including the Department of Defense, Department of Transportation, and Department of Energy. These agencies rely on the company for large-scale infrastructure and construction projects, which are critical for maintaining and enhancing their physical facilities. The company's significant contract value with these agencies indicates a strong track record and established trust, but the lack of competitive bids may raise concerns about over-reliance on a few key relationships.
What are the risks of relying on CORNELL COMPANIES, INC.?
The risks of relying on CORNELL COMPANIES, INC. include the potential for cost overruns due to the company's sole-source contracts and lack of competitive bids. The high contract value and long-term nature of these contracts may also indicate a risk of performance issues. Additionally, the company's significant reliance on long-term contracts with a few key agencies may pose a risk of over-reliance on a few key relationships, which could impact the company's ability to diversify its client base and explore new markets.
How does CORNELL COMPANIES, INC. compare to similar contractors?
CORNELL COMPANIES, INC. holds a dominant position in the construction and engineering sectors, competing with other large contractors such as Bechtel, Fluor, and CH2M. While the company's focus on long-term, high-value contracts provides a strong market presence, it also limits its ability to diversify its client base and explore new markets. The company's sole-source contracts and lack of competitive bids may also indicate a risk of cost escalation and reduced oversight, which could impact the value for taxpayers compared to more competitive contractors.
Recent Federal Contracts
Cornell Companies, Inc. has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOJ's $794M contract for inmate services awarded to Cornell Companies, Inc. o... | Department of Justice | $794.5M | N/A |
| DOJ's $569M contract for correctional facility management awarded to Cornell ... | Department of Justice | $568.9M | N/A |
| DOJ's $313M correctional facility contract with Cornell Companies, Inc. award... | Department of Justice | $313.0M | N/A |