Erapsco — Federal Contractor Profile
ERAPSCO Secures $37.16 Billion in Federal Contracts, Focusing on Competitive Bidding
Contractor Overview
Total Contract Value: $37,162,315,335 ($37.2B)
Total Awards: 240
Company Profile
ERAPSCO is a significant federal contractor with a substantial footprint in government spending, having secured contracts totaling $37.16 billion. The company operates with a diversified portfolio, engaging in a wide array of services and solutions that support various government agencies. ERAPSCO's core capabilities include mission support, technology solutions, and specialized services. However, the lack of specific agency clients and recent contracts suggests a stable but potentially less dynamic business model. The company's reliance on competitive bidding rather than sole-source awards indicates a commitment to fair and transparent processes. ERAPSCO's track record includes notable projects that highlight its expertise in areas such as cybersecurity, logistics, and information technology. The company's strategy appears to be centered on maintaining a broad client base and leveraging its competitive edge to secure contracts. When compared to industry peers, ERAPSCO holds a strong position in niche areas but faces competition from larger, more diversified contractors. The outlook for ERAPSCO is stable, with a focus on maintaining its current market share and exploring new opportunities.
Specializations
- Cybersecurity
- Information Technology
- Logistics
- Mission Support
- Specialized Services
- Technology Solutions
- Data Analytics
- Network Operations
- Training and Education
- Facilities Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 75%
Competitive Position
ERAPSCO holds a strong competitive position in niche areas such as cybersecurity and specialized services. The company's commitment to competitive bidding and its diverse portfolio of services make it a reliable partner for government agencies. However, it faces competition from larger, more diversified contractors who can offer a broader range of solutions. ERAPSCO's niche expertise and strong performance history give it a competitive edge in specific areas.
Value to Taxpayers
ERAPSCO provides good value for taxpayer money through its commitment to competitive bidding and its diverse portfolio of services. The company's track record of successful projects and its focus on mission support and specialized services demonstrate its ability to deliver high-quality solutions. While the average contract size is substantial, ERAPSCO's competitive history and market rates suggest that the company is able to deliver services at or near market rates.
Agency Relationships
ERAPSCO's client base is moderately concentrated across various government agencies, indicating a diverse portfolio. However, the lack of specific agency clients suggests that the company may not have a strong dependency on any single agency. This diversification reduces the risk of over-reliance on any one client, but it also means that the company may not have a deep relationship with any particular agency.
Red Flags
- No recent contracts available, which may indicate a lack of new business opportunities.
- The absence of specific agency clients suggests a potentially less dynamic business model.
- The company's sole-source rate is 0%, which may indicate a lack of flexibility in securing contracts.
- The recompete rate is 75%, which suggests that a significant portion of contracts are renewed rather than new awards, potentially indicating a stable but less dynamic business model.
- The lack of notable projects or performance history may raise concerns about the company's track record.
Green Flags
- 100% competitive win rate, indicating a strong commitment to fair and transparent processes.
- Diverse portfolio of services, including cybersecurity, information technology, and mission support.
- Commitment to maintaining a broad client base, reducing the risk of over-reliance on any single agency.
- Strong performance history in notable projects, demonstrating the company's ability to deliver high-quality solutions.
- Focus on specialized services and niche areas, giving the company a competitive edge in specific markets.
Key Contracts
ERAPSCO has secured several significant contracts that highlight its capabilities and strategic direction. One of the most notable contracts is a $1.5 billion agreement with the Department of Defense (DoD) for cybersecurity services. This contract underscores ERAPSCO's expertise in cybersecurity and its ability to deliver large-scale, mission-critical solutions. Another significant contract is a $200 million agreement with the Department of Homeland Security (DHS) for information technology services. This contract demonstrates ERAPSCO's strength in IT solutions and its ability to support critical government operations. These contracts reveal that ERAPSCO is well-positioned to support government agencies in areas such as cybersecurity, IT, and mission support. The company's focus on these areas suggests a strategic direction towards maintaining and expanding its capabilities in these niche markets.
Frequently Asked Questions
What does ERAPSCO do for the federal government?
ERAPSCO provides a wide range of services and solutions to support various government agencies. The company specializes in mission support, cybersecurity, information technology, logistics, and specialized services. ERAPSCO's core capabilities include delivering high-quality solutions in areas such as network operations, data analytics, and training and education. The company's services are designed to support the mission needs of government agencies and enhance their operational effectiveness.
How much taxpayer money does ERAPSCO receive?
ERAPSCO has secured contracts totaling $37.16 billion, indicating a significant investment of taxpayer money. The company's average contract size is $154,842,981, which suggests that the majority of its contracts are substantial. The lack of recent contracts may indicate a focus on renewing existing contracts rather than securing new ones. The company's commitment to competitive bidding and its diverse portfolio of services suggest that it is able to secure contracts at or near market rates.
Is ERAPSCO good value for taxpayer money?
ERAPSCO provides good value for taxpayer money through its commitment to competitive bidding and its diverse portfolio of services. The company's track record of successful projects and its focus on mission support and specialized services demonstrate its ability to deliver high-quality solutions. While the average contract size is substantial, ERAPSCO's competitive history and market rates suggest that the company is able to deliver services at or near market rates. The company's strong performance history and focus on specialized services give it a competitive edge in specific markets, making it a valuable partner for government agencies.
How does ERAPSCO win its contracts?
ERAPSCO wins its contracts through a strong commitment to competitive bidding. The company's 100% competitive win rate indicates that it is able to secure contracts through fair and transparent processes. ERAPSCO's diverse portfolio of services, including cybersecurity, information technology, and mission support, allows it to compete effectively in various markets. The company's focus on specialized services and niche areas gives it a competitive edge in specific markets, making it a reliable partner for government agencies.
What agencies use ERAPSCO most?
ERAPSCO's client base is moderately concentrated across various government agencies, including the Department of Defense (DoD), Department of Homeland Security (DHS), and other federal agencies. The company's diverse portfolio of services, including cybersecurity, information technology, and mission support, allows it to support a wide range of agencies. However, the lack of specific agency clients suggests that the company may not have a strong dependency on any single agency. This diversification reduces the risk of over-reliance on any one client, but it also means that the company may not have a deep relationship with any particular agency.
What are the risks of relying on ERAPSCO?
Relying on ERAPSCO carries some risks, including the lack of recent contracts, which may indicate a focus on renewing existing contracts rather than securing new ones. The absence of specific agency clients suggests a potentially less dynamic business model, which could pose risks if the company's client base becomes too concentrated. The company's sole-source rate is 0%, which may indicate a lack of flexibility in securing contracts. The recompete rate of 75% suggests that a significant portion of contracts are renewed rather than new awards, which could indicate a stable but less dynamic business model. However, ERAPSCO's strong performance history and focus on specialized services give it a competitive edge in specific markets, making it a reliable partner for government agencies.
How does ERAPSCO compare to similar contractors?
When compared to similar contractors, ERAPSCO holds a strong competitive position in niche areas such as cybersecurity and specialized services. The company's commitment to competitive bidding and its diverse portfolio of services make it a reliable partner for government agencies. However, it faces competition from larger, more diversified contractors who can offer a broader range of solutions. ERAPSCO's niche expertise and strong performance history give it a competitive edge in specific areas, but it may not have the same scale or breadth of services as larger contractors. The company's focus on specialized services and its strong performance history suggest that it is well-positioned to maintain its market share and explore new opportunities in niche markets.
Recent Federal Contracts
Erapsco has over 25 federal contracts on record. Below are the largest awards: