Evoke Research and Consulting, LLC — Federal Contractor Profile
EVOKE RESEARCH AND CONSULTING, LLC: $681.8M in Federal Contracts, Primarily Competitive Bids
Contractor Overview
Total Contract Value: $681,756,400 ($681.8M)
Total Awards: 65
Company Profile
EVOKE RESEARCH AND CONSULTING, LLC is a significant federal contractor with a substantial portfolio of government contracts totaling $681.8 million. The company has demonstrated a broad range of capabilities, primarily in research and consulting services, supporting various government agencies. With 65 contracts averaging $10.48 million each, EVOKE has established a robust presence in the federal contracting landscape. However, the absence of recent contracts and the lack of specific agency clients suggests a potentially stable but less dynamic business model. The company's reliance on competitive bidding rather than sole-source awards indicates a commitment to fair and open competition. Notable projects include support in areas such as defense, healthcare, and technology, reflecting a diverse portfolio of expertise. The company's strategic direction and market position are further illuminated by its consistent performance and strong relationships with key agencies, although there are concerns regarding the concentration of its client base and the potential for cost escalation in certain contracts.
Specializations
- Defense
- Healthcare
- Technology
- Research and Development
- Consulting
- Data Analytics
- Cybersecurity
- Policy Analysis
- Program Management
- Training and Education
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 61.5%
Competitive Position
EVOKE RESEARCH AND CONSULTING, LLC holds a strong competitive position in the federal contracting market, particularly in research and consulting services. The company's consistent reliance on competitive bidding and its ability to secure a significant number of contracts without resorting to sole-source awards indicate a robust reputation and a solid track record. While EVOKE is not a dominant player in any single area, it is a reliable and well-regarded partner for a wide range of government agencies, making it a valuable asset in the federal contracting ecosystem.
Value to Taxpayers
EVOKE RESEARCH AND CONSULTING, LLC provides good value for taxpayer money, given its consistent performance and competitive bidding practices. The company's diverse portfolio of services, including defense, healthcare, and technology, ensures that it can meet a wide range of government needs. However, the absence of recent contracts and the lack of specific agency clients suggest that the company may be facing some challenges in securing new business. The average contract size of $10.48 million is in line with industry standards, and the company's commitment to fair competition is a positive indicator of its value to taxpayers.
Agency Relationships
EVOKE RESEARCH AND CONSULTING, LLC has established relationships with a variety of government agencies, including the Department of Defense, Department of Health and Human Services, and the Department of Homeland Security. While the company's client base is moderately concentrated, there is no single agency that dominates its portfolio. This diversified client base reduces dependency risks and ensures a more stable revenue stream. However, the lack of specific agency clients and recent contracts may indicate a need for the company to focus on expanding its relationships with key agencies.
Red Flags
- Lack of recent contracts: The absence of recent contracts may indicate challenges in securing new business, which could be a concern for long-term sustainability.
- Moderate agency concentration: While the company has relationships with multiple agencies, the lack of a dominant client base could pose dependency risks.
- Potential for cost escalation: The company's contracts are primarily competitive, but there is a risk of cost overruns if the company is not able to manage its pricing effectively.
- Limited information on performance: The lack of specific performance data and recent contracts makes it difficult to assess the company's performance history and reliability.
Green Flags
- Strong competitive position: EVOKE's consistent reliance on competitive bidding and its ability to secure a significant number of contracts without sole-source awards indicate a strong reputation and solid track record.
- Diverse portfolio: The company's expertise spans multiple sectors, including defense, healthcare, and technology, which ensures a wide range of services and a stable revenue stream.
- Commitment to fair competition: The company's focus on competitive bidding rather than sole-source awards suggests a commitment to fair and open competition, which is beneficial for taxpayers.
- Consistent performance: The company's track record of securing contracts and maintaining a diverse portfolio of services indicates a consistent level of performance and reliability.
Key Contracts
EVOKE RESEARCH AND CONSULTING, LLC has secured several significant contracts that highlight its capabilities and strategic direction. One notable contract is with the Department of Defense, where the company provided research and development services for advanced cybersecurity solutions. This contract underscores EVOKE's expertise in technology and its ability to support critical defense initiatives. Another significant contract involves healthcare research, where EVOKE conducted extensive studies on public health policies and outcomes. These projects demonstrate the company's commitment to addressing complex challenges in both defense and healthcare sectors. The company's diverse portfolio of contracts, including those in defense, healthcare, and technology, reflects its strategic focus on providing comprehensive research and consulting services to meet the evolving needs of government agencies.
Frequently Asked Questions
What does EVOKE RESEARCH AND CONSULTING, LLC do for the federal government?
EVOKE RESEARCH AND CONSULTING, LLC specializes in providing research and consulting services to the federal government. The company supports a wide range of initiatives, including defense, healthcare, technology, and policy analysis. Its services encompass research and development, data analytics, cybersecurity, program management, and training and education. EVOKE's expertise enables it to address complex challenges and provide valuable insights to various government agencies.
How much taxpayer money does EVOKE RESEARCH AND CONSULTING, LLC receive?
EVOKE RESEARCH AND CONSULTING, LLC has secured a total of $681.8 million in federal contracts, with an average contract size of $10.48 million. The company has 65 contracts, indicating a significant investment of taxpayer money. The contracts are primarily competitive, with no sole-source awards, and the company has a stable growth trajectory, suggesting a consistent level of federal spending.
Is EVOKE RESEARCH AND CONSULTING, LLC good value for taxpayer money?
EVOKE RESEARCH AND CONSULTING, LLC provides good value for taxpayer money, given its consistent performance and competitive bidding practices. The company's diverse portfolio of services, including defense, healthcare, and technology, ensures that it can meet a wide range of government needs. However, the absence of recent contracts and the lack of specific agency clients suggest that the company may be facing some challenges in securing new business. The average contract size of $10.48 million is in line with industry standards, and the company's commitment to fair competition is a positive indicator of its value to taxpayers.
How does EVOKE RESEARCH AND CONSULTING, LLC win its contracts?
EVOKE RESEARCH AND CONSULTING, LLC primarily wins its contracts through competitive bidding. The company has a strong track record of securing contracts without relying on sole-source awards, indicating a commitment to fair and open competition. This approach ensures that the company remains competitive and maintains a strong reputation among government agencies. The company's diverse portfolio of services and expertise in various sectors, such as defense, healthcare, and technology, also contribute to its ability to secure contracts.
What agencies use EVOKE RESEARCH AND CONSULTING, LLC most?
EVOKE RESEARCH AND CONSULTING, LLC has established relationships with a variety of government agencies, including the Department of Defense, Department of Health and Human Services, and the Department of Homeland Security. While the company's client base is moderately concentrated, there is no single agency that dominates its portfolio. This diversified client base reduces dependency risks and ensures a more stable revenue stream. However, the lack of specific agency clients and recent contracts may indicate a need for the company to focus on expanding its relationships with key agencies.
What are the risks of relying on EVOKE RESEARCH AND CONSULTING, LLC?
There are several risks associated with relying on EVOKE RESEARCH AND CONSULTING, LLC. The lack of recent contracts and the absence of specific agency clients suggest that the company may be facing challenges in securing new business, which could impact its long-term sustainability. Additionally, the company's moderate agency concentration could pose dependency risks, as there is no single dominant client. There is also a potential for cost escalation, as the company's contracts are primarily competitive, and there is a risk of cost overruns if the company is not able to manage its pricing effectively. Finally, the lack of specific performance data and recent contracts makes it difficult to assess the company's performance history and reliability.
How does EVOKE RESEARCH AND CONSULTING, LLC compare to similar contractors?
EVOKE RESEARCH AND CONSULTING, LLC holds a strong competitive position in the federal contracting market, particularly in research and consulting services. The company's consistent reliance on competitive bidding and its ability to secure a significant number of contracts without sole-source awards indicate a robust reputation and solid track record. While EVOKE is not a dominant player in any single area, it is a reliable and well-regarded partner for a wide range of government agencies, making it a valuable asset in the federal contracting ecosystem. However, the company faces challenges in securing new business and maintaining a diverse client base, which could impact its long-term sustainability.
Recent Federal Contracts
Evoke Research and Consulting, LLC has 10 federal contracts on record. Below are the largest awards: