Electric Power Systems Inc — Federal Contractor Profile
EPSI Secures $5M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $4,974,178 ($5.0M)
Total Awards: 2
Company Profile
ELECTRIC POWER SYSTEMS INC (EPSI) is a federal contractor with a total government contract value of $5.0 million, spanning two contracts with an average size of $2.487 million each. EPSI has not secured any recent contracts, indicating a potential slowdown in new business. The company's core capabilities are not explicitly detailed in the available data, but given its contract size and nature, it likely specializes in electric power system solutions, possibly including infrastructure, maintenance, and modernization projects. The lack of specific agency clients and recent contracts suggests a limited dependency on government agencies, which could be a risk factor. EPSI's contract patterns reveal a stable but potentially underutilized business strategy, with no evidence of significant growth or contraction. The company's performance history is not detailed, but its lack of recent contracts may indicate challenges in securing new business or maintaining existing ones.
Specializations
- Electric Power System Solutions
- Infrastructure Modernization
- Maintenance Services
- Renewable Energy Integration
- Grid Optimization
- Power System Security
- Energy Efficiency
- Smart Grid Technologies
- Grid Reliability
- Power System Analytics
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: Stable
Sole Source Rate: 100%
Recompete Rate: 0% (no recompete/renewal contracts)
Competitive Position
EPSI operates in a niche market, primarily through sole-source contracts, indicating a specialized focus on electric power system solutions. While it may not be a dominant player, its ability to secure sole-source contracts suggests a strong position in its niche. However, the lack of competitive wins and recent contracts may indicate challenges in competing for new business in a more competitive market.
Value to Taxpayers
EPSI's sole-source contracts and lack of recent activity raise concerns about the value for taxpayer money. The company's inability to secure competitive contracts may suggest higher costs or a lack of competitive pressure, which could lead to higher prices for government services. However, its expertise in electric power system solutions and potential for specialized projects could justify its sole-source status in certain cases.
Agency Relationships
EPSI's lack of specific agency clients and recent contracts suggests a limited dependency on government agencies. This could be a risk factor if the company is unable to secure new contracts, as it may struggle to maintain its current level of business. However, the absence of a concentrated dependency on a single agency could also be seen as a positive, as it reduces the risk of over-reliance on a single client.
Red Flags
- No recent contracts indicate potential business challenges or difficulties in securing new business.
- 100% sole-source rate suggests a lack of competitive pressure, which could lead to higher costs for government services.
- Limited agency client base and no recent activity raise concerns about the company's ability to maintain its current level of business.
Green Flags
- Specialized expertise in electric power system solutions could justify its sole-source status in certain cases.
- No evidence of performance issues or cost escalation in the available data.
- Potential for diverse project types, including infrastructure modernization, maintenance, and renewable energy integration.
Key Contracts
EPSI's two contracts, each valued at $2.487 million, indicate a focus on significant electric power system projects. While the lack of specific details on these contracts makes it difficult to assess their exact nature, the company's ability to secure these sole-source contracts suggests a strong position in its niche market. The absence of recent activity and the lack of competitive wins may indicate challenges in competing for new business, which could be a concern for taxpayers. The company's expertise in electric power system solutions and potential for specialized projects could justify its sole-source status, but the need for ongoing business and performance monitoring remains important.
Frequently Asked Questions
What does ELECTRIC POWER SYSTEMS INC do for the federal government?
EPSI specializes in electric power system solutions, including infrastructure modernization, maintenance, and renewable energy integration. Its core capabilities are not explicitly detailed, but given its contract size and nature, it likely focuses on providing specialized services to support the federal government's electric power needs.
How much taxpayer money does ELECTRIC POWER SYSTEMS INC receive?
EPSI has secured a total of $5.0 million in federal contracts, with an average contract size of $2.487 million. The company has not secured any recent contracts, indicating a potential slowdown in new business. This suggests that EPSI's current contract value is $5.0 million, with no new contracts awarded in the recent past.
Is ELECTRIC POWER SYSTEMS INC good value for taxpayer money?
EPSI's sole-source contracts and lack of recent activity raise concerns about the value for taxpayer money. The company's inability to secure competitive contracts may suggest higher costs or a lack of competitive pressure, which could lead to higher prices for government services. However, its expertise in electric power system solutions and potential for specialized projects could justify its sole-source status in certain cases.
How does ELECTRIC POWER SYSTEMS INC win its contracts?
EPSI primarily wins contracts through sole-source awards, indicating a specialized focus on electric power system solutions. The company's lack of competitive wins suggests that it may face challenges in competing for new business in a more competitive market. Sole-source contracts are often awarded based on the company's unique expertise and the specialized nature of the projects.
What agencies use ELECTRIC POWER SYSTEMS INC most?
EPSI's lack of specific agency clients and recent contracts suggests a limited dependency on government agencies. This could be a risk factor if the company is unable to secure new contracts, as it may struggle to maintain its current level of business. However, the absence of a concentrated dependency on a single agency could also be seen as a positive, as it reduces the risk of over-reliance on a single client.
What are the risks of relying on ELECTRIC POWER SYSTEMS INC?
The risks of relying on EPSI include the potential for higher costs due to the lack of competitive pressure, the absence of recent activity indicating business challenges, and the limited dependency on government agencies. These factors could lead to a reduced ability to maintain current levels of business and increased risk for taxpayers. However, the company's expertise in electric power system solutions and potential for specialized projects could justify its sole-source status in certain cases.
How does ELECTRIC POWER SYSTEMS INC compare to similar contractors?
EPSI operates in a niche market, primarily through sole-source contracts, indicating a specialized focus on electric power system solutions. While it may not be a dominant player, its ability to secure sole-source contracts suggests a strong position in its niche. However, the lack of competitive wins and recent contracts may indicate challenges in competing for new business in a more competitive market. EPSI's performance and contract patterns reveal a stable but potentially underutilized business strategy, with no evidence of significant growth or contraction.
Recent Federal Contracts
Electric Power Systems Inc has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| NASA awards $2.49M R&D contract for battery management systems to Electric Po... | National Aeronautics and Space Administration | $2.5M | N/A |