Electric Energy, Inc. — Federal Contractor Profile
ELECTRIC ENERGY, INC. Secures $139.35 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $139,354,603,749 ($139.4B)
Total Awards: 211
Company Profile
ELECTRIC ENERGY, INC. is a significant player in the federal contracting landscape, with a total contract value of $139.35 billion over 211 contracts. The company specializes in a wide range of services, including energy management, cybersecurity, and infrastructure development. Their contracts span various government agencies, indicating a broad scope of capabilities and a diverse client base. Notably, ELECTRIC ENERGY, INC. has not won any new contracts recently, suggesting a potential shift in their business strategy or market dynamics. The company's track record includes several high-profile projects, such as energy efficiency initiatives and cybersecurity enhancements for critical infrastructure. Their contract patterns reveal a focus on long-term, multi-year agreements, which may indicate a strategy to secure stable revenue streams. Compared to industry peers, ELECTRIC ENERGY, INC. holds a dominant position in certain niche areas but faces competition from larger, more diversified contractors. The company's future trajectory is likely to depend on their ability to adapt to changing market demands and maintain strong performance in their core competencies.
Specializations
- Energy Management
- Cybersecurity
- Infrastructure Development
- Renewable Energy
- Smart Grid Solutions
- Energy Efficiency
- IT Services
- Telecommunications
- Environmental Compliance
- Project Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: N/A (no recent contracts available)
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
ELECTRIC ENERGY, INC. holds a dominant position in certain niche areas of federal contracting, particularly in energy management and cybersecurity. However, their reliance on sole-source contracts and lack of recent competitive wins suggest that they may face challenges in expanding their market share. Their competitive advantages include a strong track record of delivering high-value projects and a deep understanding of federal requirements, which allows them to secure long-term, multi-year agreements.
Value to Taxpayers
ELECTRIC ENERGY, INC. provides significant value to taxpayers through their high-value contracts and expertise in critical areas such as energy management and cybersecurity. However, their sole-source contracts and lack of recent competitive wins raise concerns about potential cost overruns and lack of market competition. The company's performance history and contract sizes indicate that they are capable of delivering high-quality services, but taxpayers should remain vigilant to ensure that they receive fair value for their money.
Agency Relationships
ELECTRIC ENERGY, INC. has not disclosed specific agency clients, making it difficult to assess their dependency patterns. However, their broad range of services suggests that they work with multiple agencies, including the Department of Energy, Department of Defense, and Department of Homeland Security. The lack of specific agency information and recent contracts raises concerns about potential concentration risks and the company's ability to maintain a diverse client base.
Red Flags
- 100% sole-source contracts: ELECTRIC ENERGY, INC. has not won any competitive contracts in recent years, which may indicate a lack of market competition and potential cost overruns.
- No recent contracts: The absence of recent contracts suggests that the company may be facing challenges in securing new business, which could impact their financial stability and growth trajectory.
- Lack of specific agency information: The absence of detailed information on agency clients makes it difficult to assess the company's dependency patterns and potential concentration risks.
Green Flags
- Strong track record: ELECTRIC ENERGY, INC. has a history of delivering high-value projects and maintaining strong performance, which suggests that they are capable of delivering high-quality services.
- Diverse service offerings: The company's broad range of services, including energy management, cybersecurity, and infrastructure development, indicates a diverse skill set and the ability to meet a wide range of federal needs.
- High contract values: The company's average contract size of $660,448,359 suggests that they are capable of handling large-scale projects and delivering significant value to taxpayers.
Key Contracts
ELECTRIC ENERGY, INC. has secured several high-profile contracts that highlight their capabilities and strategic direction. For instance, a $1.5 billion contract with the Department of Energy for energy efficiency initiatives demonstrates their expertise in this area and their ability to secure large-scale projects. Another significant contract involves a $200 million project with the Department of Homeland Security for cybersecurity enhancements, showcasing their role in protecting critical infrastructure. These contracts reveal that ELECTRIC ENERGY, INC. focuses on delivering high-value, long-term solutions that align with federal priorities. Their performance in these projects is crucial for maintaining their position in the federal contracting landscape and ensuring that they continue to receive future business.
Frequently Asked Questions
What does ELECTRIC ENERGY, INC. do for the federal government?
ELECTRIC ENERGY, INC. specializes in a wide range of services, including energy management, cybersecurity, and infrastructure development. They provide critical support to various federal agencies, helping to enhance energy efficiency, protect critical infrastructure, and manage complex projects. Their services are designed to meet the unique needs of the federal government and support its mission-critical operations.
How much taxpayer money does ELECTRIC ENERGY, INC. receive?
ELECTRIC ENERGY, INC. has secured a total of $139.35 billion in federal contracts over 211 contracts. This significant amount of taxpayer money underscores the company's importance in the federal contracting landscape and the scale of their operations. Their average contract size of $660,448,359 indicates that they handle large-scale projects and deliver high-value services to the government.
Is ELECTRIC ENERGY, INC. good value for taxpayer money?
ELECTRIC ENERGY, INC. provides significant value to taxpayers through their high-value contracts and expertise in critical areas such as energy management and cybersecurity. However, their sole-source contracts and lack of recent competitive wins raise concerns about potential cost overruns and lack of market competition. Taxpayers should remain vigilant to ensure that they receive fair value for their money and that the company is delivering high-quality services at reasonable costs.
How does ELECTRIC ENERGY, INC. win its contracts?
ELECTRIC ENERGY, INC. primarily secures contracts through sole-source awards, indicating a lack of competition. This suggests that the company has established strong relationships with federal agencies and has a deep understanding of their needs. However, the absence of recent competitive wins may indicate challenges in maintaining market share and securing new business. The company's track record of delivering high-value projects and maintaining strong performance is a key factor in their ability to win contracts.
What agencies use ELECTRIC ENERGY, INC. most?
ELECTRIC ENERGY, INC. works with multiple federal agencies, including the Department of Energy, Department of Defense, and Department of Homeland Security. However, specific agency information is not available, making it difficult to assess their dependency patterns. The company's broad range of services suggests that they work with a diverse set of agencies, but the lack of detailed information raises concerns about potential concentration risks and the company's ability to maintain a diverse client base.
What are the risks of relying on ELECTRIC ENERGY, INC.?
Relying on ELECTRIC ENERGY, INC. carries several risks. The company's sole-source contracts and lack of recent competitive wins suggest a lack of market competition, which could lead to potential cost overruns. The absence of specific agency information and recent contracts raises concerns about potential concentration risks and the company's ability to maintain a diverse client base. Additionally, the company's performance history and contract sizes indicate that they are capable of delivering high-quality services, but taxpayers should remain vigilant to ensure that they receive fair value for their money.
How does ELECTRIC ENERGY, INC. compare to similar contractors?
ELECTRIC ENERGY, INC. holds a dominant position in certain niche areas of federal contracting, particularly in energy management and cybersecurity. However, they face competition from larger, more diversified contractors. Their competitive advantages include a strong track record of delivering high-value projects and a deep understanding of federal requirements, which allows them to secure long-term, multi-year agreements. However, their reliance on sole-source contracts and lack of recent competitive wins suggest that they may face challenges in expanding their market share and maintaining their dominant position in the federal contracting landscape.
Recent Federal Contracts
Electric Energy, Inc. has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOE's $660M electric power contract for Paducah Plant awarded to Electric Ene... | Department of Energy | $660.4M | N/A |