Department of Economic Security Arizona — Federal Contractor Profile

Contractor Overview

Total Contract Value: $35,679,419 ($35.7M)

Total Awards: 2

Company Profile

The Department of Economic Security (DES) of Arizona is a federal contractor with a total government contract value of $35.7 million, based on two contracts averaging $17,839,710 each. DES does not have any recent contracts, indicating a period of inactivity or a focus on existing projects. The contractor has not engaged in any sole-source contracts, suggesting a preference for competitive bidding processes. Given the limited data, it is challenging to provide a detailed analysis of their specific capabilities and client relationships. However, based on their contract size and the absence of recent awards, it appears that DES may be focusing on long-term contracts or projects that are not frequently renewed. The contractor's relationship with specific government agencies is not detailed, and there are no notable projects or performance history to draw from. The lack of recent contracts and the absence of any sole-source awards suggest a stable but potentially slow-growth business strategy. In comparison to industry peers, DES appears to be a niche player, possibly focusing on specialized economic security services that are not widely available. The outlook for DES is stable, given the nature of their contracts and the absence of any significant red flags or green flags in the data available.

Specializations

• Economic Security
• Risk Management
• Financial Services
• Grant Management
• Program Administration

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: N/A

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 100%

Competitive Position

The Department of Economic Security Arizona appears to be a niche player in the federal contracting space, focusing on specialized economic security services. While they have not engaged in any sole-source contracts, their preference for competitive bidding suggests a strong competitive position. However, the lack of recent contracts and the absence of any notable projects or performance history make it difficult to assess their market position relative to industry peers.

Value to Taxpayers

Given the absence of recent contracts and the lack of detailed information on their performance and specializations, it is challenging to assess whether the Department of Economic Security Arizona provides good value for taxpayer money. Their focus on long-term contracts and the absence of any sole-source awards suggest a stable but potentially slow-growth business strategy. More data on their performance and the nature of their contracts would be needed to make a more informed assessment.

Agency Relationships

The Department of Economic Security Arizona does not have any detailed information on their specific agency clients or the nature of their relationships. Given the absence of recent contracts, it is unclear which agencies rely most on their services. The lack of detailed information makes it difficult to assess any dependency risks or concentration concerns.

Red Flags

• No recent contracts: This suggests a period of inactivity or a focus on existing projects, which could indicate potential issues with their business strategy.
• No sole-source awards: While this suggests a preference for competitive bidding, it could also indicate that they are not able to secure contracts through other means.
• Lack of detailed information: The absence of specific contract details, performance history, and client relationships makes it difficult to assess their business strategy and potential risks.

Green Flags

• Preference for competitive bidding: This suggests a strong competitive position and a commitment to fair and transparent processes.
• No sole-source awards: This indicates a focus on competitive bidding, which can lead to better value for taxpayers.
• Long-term contracts: The absence of recent contracts suggests a focus on long-term projects, which can provide stability and predictability.

Key Contracts

The Department of Economic Security Arizona has two contracts with a total value of $35.7 million, averaging $17,839,710 each. While the nature of these contracts is not specified, the absence of recent awards suggests that they may be focused on long-term projects or existing contracts. The lack of detailed information on their performance and the nature of their contracts makes it difficult to assess their capabilities and strategic direction. However, their preference for competitive bidding and the absence of sole-source awards suggest a strong commitment to fair and transparent processes. More data on their performance and the nature of their contracts would be needed to provide a more comprehensive assessment of their capabilities and strategic direction.

Frequently Asked Questions

What does DEPARTMENT OF ECONOMIC SECURITY ARIZONA do for the federal government?

The Department of Economic Security Arizona specializes in economic security, risk management, financial services, grant management, and program administration. Their services are designed to support the federal government in managing economic risks and ensuring the stability of financial systems and programs. However, without detailed contract descriptions, it is challenging to provide a comprehensive overview of their specific capabilities and services.

How much taxpayer money does DEPARTMENT OF ECONOMIC SECURITY ARIZONA receive?

The Department of Economic Security Arizona has received a total of $35.7 million in federal contracts, based on two contracts averaging $17,839,710 each. Given the absence of recent contracts, it is unclear how much taxpayer money they receive in a given year. More data on their contract patterns and performance would be needed to provide a more detailed financial breakdown.

Is DEPARTMENT OF ECONOMIC SECURITY ARIZONA good value for taxpayer money?

Given the absence of recent contracts and the lack of detailed information on their performance and specializations, it is challenging to assess whether the Department of Economic Security Arizona provides good value for taxpayer money. Their focus on long-term contracts and the absence of any sole-source awards suggest a stable but potentially slow-growth business strategy. More data on their performance and the nature of their contracts would be needed to make a more informed assessment.

How does DEPARTMENT OF ECONOMIC SECURITY ARIZONA win its contracts?

The Department of Economic Security Arizona has not engaged in any sole-source contracts, suggesting a preference for competitive bidding processes. Their preference for competitive bidding suggests a strong competitive position and a commitment to fair and transparent processes. However, the absence of recent contracts and the lack of detailed information on their performance and specializations make it difficult to provide a comprehensive analysis of their competitive history.

What agencies use DEPARTMENT OF ECONOMIC SECURITY ARIZONA most?

The Department of Economic Security Arizona does not have any detailed information on their specific agency clients or the nature of their relationships. Given the absence of recent contracts, it is unclear which agencies rely most on their services. The lack of detailed information makes it difficult to assess any dependency risks or concentration concerns.

What are the risks of relying on DEPARTMENT OF ECONOMIC SECURITY ARIZONA?

The risks of relying on the Department of Economic Security Arizona include the absence of recent contracts, which suggests a period of inactivity or a focus on existing projects. The lack of detailed information on their performance and the nature of their contracts makes it difficult to assess their capabilities and strategic direction. Additionally, the absence of any sole-source awards suggests a focus on competitive bidding, which could indicate that they are not able to secure contracts through other means. More data on their performance and the nature of their contracts would be needed to provide a more comprehensive assessment of their risks.

How does DEPARTMENT OF ECONOMIC SECURITY ARIZONA compare to similar contractors?

The Department of Economic Security Arizona appears to be a niche player in the federal contracting space, focusing on specialized economic security services. While they have not engaged in any sole-source contracts, their preference for competitive bidding suggests a strong competitive position. However, the lack of recent contracts and the absence of any notable projects or performance history make it difficult to assess their market position relative to industry peers. More data on their performance and the nature of their contracts would be needed to provide a more comprehensive competitive comparison.

Recent Federal Contracts

Department of Economic Security Arizona has 1 federal contracts on record. Below are the largest awards:

Related Pages