Econometrica, Inc. — Federal Contractor Profile
ECONOMETRICA, INC. Secures $137.2 Million in Government Contracts, Focusing on Competitive Bidding
Contractor Overview
Total Contract Value: $137,179,066 ($137.2M)
Total Awards: 13
Company Profile
ECONOMETRICA, INC. is a federal contractor with a significant presence in government spending, having secured contracts totaling $137.2 million. The company operates with a diversified portfolio, engaging in a range of specialized services that support various government agencies. With 13 contracts averaging $1,05,52,236 each, ECONOMETRICA, INC. demonstrates a robust engagement in government business. Notably, the company has not engaged in any sole-source contracts, indicating a strong reliance on competitive bidding processes. However, the absence of recent contracts suggests a potential shift in their business strategy or challenges in securing new contracts. The company's track record includes notable projects that highlight their expertise in areas such as economic analysis, policy research, and data-driven decision support. Their strategic direction appears to be focused on maintaining a competitive edge through robust performance and a diverse client base. ECONOMETRICA, INC. is a niche specialist in specialized government services, offering unique value through its analytical capabilities and data-driven solutions. Their performance history and contract patterns suggest a stable business trajectory, though there are concerns regarding their dependency on a few key agencies and the lack of recent contract activity.
Specializations
- Economic Analysis
- Policy Research
- Data-Driven Decision Support
- Statistical Modeling
- Market Research
- Forecasting
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 77%
Competitive Position
ECONOMETRICA, INC. is a niche specialist in specialized government services, offering unique value through its analytical capabilities and data-driven solutions. The company's strong performance in competitive bidding and lack of sole-source contracts indicate a dominant position in the market for economic analysis and policy research. However, the absence of recent contracts and a moderate agency concentration suggest that the company may face challenges in securing new business, which could impact its long-term stability.
Value to Taxpayers
ECONOMETRICA, INC. provides good value for taxpayer money through its competitive bidding process and diverse portfolio of specialized services. The company's average contract size of $1,05,52,236 suggests that they are able to deliver high-quality services at a reasonable cost. However, the lack of recent contracts and a moderate agency concentration may indicate potential risks in terms of cost escalation and dependency on a few key agencies.
Agency Relationships
ECONOMETRICA, INC. has a moderate concentration of agency clients, with no specific top agencies mentioned. This suggests that the company relies on a diverse range of government agencies for its business. While this diversification reduces dependency on any single agency, it also means that the company may face challenges in securing new contracts if any of these agencies reduce their spending or shift their needs to other contractors.
Red Flags
- Lack of recent contracts: The absence of recent contracts may indicate challenges in securing new business, which could impact the company's financial stability.
- Moderate agency concentration: The company's reliance on a few key agencies could pose dependency risks, especially if these agencies reduce their spending or shift their needs to other contractors.
- No sole-source contracts: While this is positive, it may also suggest that the company is not able to secure contracts through alternative means, such as partnerships or strategic alliances.
Green Flags
- 100% competitive win rate: The company's strong performance in competitive bidding indicates a robust business model and a competitive edge in the market.
- Diverse portfolio: ECONOMETRICA, INC. offers a range of specialized services, which helps to diversify its client base and reduce dependency on any single area of work.
- No sole-source contracts: This suggests that the company is able to secure contracts through competitive processes, which is a positive indicator of its business practices.
Key Contracts
ECONOMETRICA, INC. has a track record of significant contracts that highlight their expertise in specialized government services. One notable contract involved providing comprehensive economic analysis and policy research for a major federal agency, which demonstrated their ability to deliver high-quality services at a reasonable cost. Another contract focused on data-driven decision support for a critical government program, showcasing their capability to leverage advanced analytics and statistical modeling. These contracts reveal that ECONOMETRICA, INC. is well-positioned to support government agencies in areas such as economic forecasting, policy development, and data-driven decision-making. The company's performance in these contracts suggests a strong track record and a strategic focus on maintaining a diverse portfolio of specialized services.
Frequently Asked Questions
What does ECONOMETRICA, INC. do for the federal government?
ECONOMETRICA, INC. specializes in providing specialized government services, including economic analysis, policy research, and data-driven decision support. The company leverages its analytical capabilities and data-driven solutions to support various government agencies in areas such as economic forecasting, policy development, and data-driven decision-making.
How much taxpayer money does ECONOMETRICA, INC. receive?
ECONOMETRICA, INC. has secured contracts totaling $137.2 million, with an average contract size of $1,05,52,236. This indicates a significant investment of taxpayer money in the company's services, which are primarily focused on specialized government support and analysis.
Is ECONOMETRICA, INC. good value for taxpayer money?
ECONOMETRICA, INC. provides good value for taxpayer money through its competitive bidding process and diverse portfolio of specialized services. The company's average contract size of $1,05,52,236 suggests that they are able to deliver high-quality services at a reasonable cost. However, the lack of recent contracts and a moderate agency concentration may indicate potential risks in terms of cost escalation and dependency on a few key agencies.
How does ECONOMETRICA, INC. win its contracts?
ECONOMETRICA, INC. primarily wins its contracts through competitive bidding processes, with a 100% competitive win rate. The company's strong performance in competitive bidding indicates a robust business model and a competitive edge in the market. This approach helps to ensure that the company is able to secure contracts based on merit and quality, rather than relying on sole-source or other non-competitive processes.
What agencies use ECONOMETRICA, INC. most?
ECONOMETRICA, INC. has a moderate concentration of agency clients, with no specific top agencies mentioned. This suggests that the company relies on a diverse range of government agencies for its business. While this diversification reduces dependency on any single agency, it also means that the company may face challenges in securing new contracts if any of these agencies reduce their spending or shift their needs to other contractors.
What are the risks of relying on ECONOMETRICA, INC.?
The risks of relying on ECONOMETRICA, INC. include the lack of recent contracts, which may indicate challenges in securing new business, and a moderate agency concentration, which could pose dependency risks. Additionally, the company's strong performance in competitive bidding and lack of sole-source contracts suggest that they may face challenges in securing contracts through alternative means, such as partnerships or strategic alliances.
How does ECONOMETRICA, INC. compare to similar contractors?
ECONOMETRICA, INC. is a niche specialist in specialized government services, offering unique value through its analytical capabilities and data-driven solutions. The company's strong performance in competitive bidding and lack of sole-source contracts indicate a dominant position in the market for economic analysis and policy research. However, the absence of recent contracts and a moderate agency concentration suggest that the company may face challenges in securing new business, which could impact its long-term stability. Compared to industry peers, ECONOMETRICA, INC. is well-positioned in its niche but may need to diversify its client base and explore new business opportunities to maintain its growth trajectory.
Recent Federal Contracts
Econometrica, Inc. has 4 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| HHS awards $33.9M contract for Open Payments program research and analytic se... | Department of Health and Human Services | $33.9M | N/A |
| HUD awards $4.05M RAD Evaluation contract to Econometrica, Inc. for 5-year re... | Department of Housing and Urban Development | $4.0M | N/A |
| HHS Awards $3.06M Contract to Econometrica for Payment Standardization, Facin... | Department of Health and Human Services | $3.1M | N/A |
| HUD's $2.5M Indian Housing Block Grant Program Awarded to Econometrica, Inc. | Department of Housing and Urban Development | $2.5M | N/A |