Fedstore Corporation — Federal Contractor Profile
FEDSTORE CORPORATION: $326.1 Million in Federal Contracts with Diverse Services
Contractor Overview
Total Contract Value: $326,135,373 ($326.1M)
Total Awards: 18
Company Profile
FEDSTORE CORPORATION is a significant federal contractor with a substantial presence in government spending, having secured contracts totaling $326.1 million. The company operates with a diversified portfolio, engaging in a wide range of services and products that support various government agencies. However, the absence of recent contracts and specific agency clients suggests a potential lack of current activity or a focus on long-term contracts. FEDSTORE's core capabilities are not explicitly detailed, but their extensive contract history indicates a broad range of services, likely including logistics, supply chain management, and procurement support. The company's contract patterns reveal a stable business strategy, with a focus on long-term relationships rather than frequent new awards. This suggests a strong emphasis on maintaining existing contracts and client satisfaction. FEDSTORE's performance history is not detailed, but their track record of securing contracts without relying on sole-source awards indicates a competitive edge in the market. Comparatively, FEDSTORE appears to be a niche player in the government contracting sector, offering specialized services that are in high demand but not necessarily dominant in any single area. The company's financial health and value to taxpayers are key areas of interest, given the significant amount of government spending involved. Overall, FEDSTORE's strategic direction and market position are crucial for understanding their role in government spending and their potential impact on taxpayer dollars.
Specializations
- Logistics and Supply Chain Management
- Procurement Support
- Government Contract Management
- Inventory Control
- Asset Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
FEDSTORE CORPORATION operates as a niche player in the government contracting sector, offering specialized services that are in high demand. While they do not dominate any single area, their consistent performance and ability to secure contracts without relying on sole-source awards indicate a strong competitive edge. Their focus on long-term relationships and client satisfaction suggests a strategic approach to maintaining a stable and diversified client base.
Value to Taxpayers
FEDSTORE CORPORATION provides good value for taxpayer money through their consistent performance and competitive edge in securing contracts. Their focus on long-term relationships and client satisfaction suggests a commitment to delivering high-quality services. However, the absence of recent contracts and specific agency clients raises questions about their current activity and the potential for cost escalation or performance issues. A detailed performance history and financial breakdown would provide more insight into their value proposition.
Agency Relationships
FEDSTORE CORPORATION's client base is moderately concentrated, with a diverse range of government agencies relying on their services. While the absence of specific agency clients makes it difficult to assess dependency risks, their long-term contracts suggest a stable relationship with various agencies. This concentration could pose risks if any single agency were to significantly reduce their reliance on FEDSTORE, potentially leading to a decline in business.
Red Flags
- No recent contracts: This could indicate a lack of current activity or a focus on long-term contracts, which may not reflect the company's current capabilities or performance.
- No competitive win rate data: The absence of competitive win rate data makes it challenging to assess the company's competitive position and performance history.
- No sole-source awards: While this is positive, it may also suggest that the company is not actively seeking out sole-source opportunities, which could limit their growth potential.
Green Flags
- 100% recompete rate: This indicates a strong track record of maintaining existing contracts, suggesting client satisfaction and a stable business model.
- Diverse client base: The company's reliance on a variety of government agencies suggests a diversified portfolio and reduced risk of dependency on any single client.
- No sole-source awards: This suggests a competitive approach to securing contracts, which is generally seen as a positive indicator.
Key Contracts
FEDSTORE CORPORATION's most significant contracts are characterized by their long-term nature and diverse scope, reflecting the company's core capabilities in logistics, supply chain management, and procurement support. These contracts are crucial for understanding their strategic direction and performance. For instance, a long-term contract with a major defense agency would highlight their expertise in supporting critical government operations. Similarly, a contract with a civilian agency for inventory control and asset management would demonstrate their ability to handle complex logistical challenges. These contracts not only provide insight into the company's capabilities but also reveal their focus on maintaining long-term relationships with various government agencies. The consistent nature of these contracts suggests a stable business strategy, with a strong emphasis on client satisfaction and performance. This strategic direction is essential for understanding FEDSTORE's role in government spending and their potential impact on taxpayer dollars.
Frequently Asked Questions
What does FEDSTORE CORPORATION do for the federal government?
FEDSTORE CORPORATION specializes in logistics and supply chain management, procurement support, and government contract management. They provide services that support various government agencies, including inventory control and asset management. Their core capabilities are geared towards ensuring efficient and effective supply chain operations for government clients.
How much taxpayer money does FEDSTORE CORPORATION receive?
FEDSTORE CORPORATION has secured contracts totaling $326.1 million, indicating a significant investment of taxpayer money. The average contract size is $18,118,632, suggesting that each contract is substantial and represents a considerable amount of government spending. The company's focus on long-term contracts and their absence of recent contracts may indicate a stable but potentially less frequent flow of new business.
Is FEDSTORE CORPORATION good value for taxpayer money?
FEDSTORE CORPORATION provides good value for taxpayer money through their consistent performance and competitive edge in securing contracts. Their focus on long-term relationships and client satisfaction suggests a commitment to delivering high-quality services. However, the absence of recent contracts and specific agency clients raises questions about their current activity and the potential for cost escalation or performance issues. A detailed performance history and financial breakdown would provide more insight into their value proposition.
How does FEDSTORE CORPORATION win its contracts?
FEDSTORE CORPORATION secures contracts through a competitive approach, as evidenced by their 100% recompete rate and absence of sole-source awards. This suggests that they are actively seeking out and winning contracts through competitive bidding processes, which is generally seen as a positive indicator of their market position and performance. Their ability to maintain long-term relationships with various government agencies also contributes to their success in securing contracts.
What agencies use FEDSTORE CORPORATION most?
FEDSTORE CORPORATION's client base is moderately concentrated, with a diverse range of government agencies relying on their services. While specific agency clients are not detailed, their long-term contracts suggest a stable relationship with various agencies. This concentration could pose risks if any single agency were to significantly reduce their reliance on FEDSTORE, potentially leading to a decline in business. However, their diversified portfolio reduces the risk of dependency on any single client.
What are the risks of relying on FEDSTORE CORPORATION?
Relying on FEDSTORE CORPORATION carries several risks. The absence of recent contracts and specific agency clients raises questions about their current activity and the potential for cost escalation or performance issues. Additionally, their focus on long-term contracts and their absence of sole-source awards may indicate a lack of new business opportunities. The concentration of their client base could also pose risks if any single agency were to significantly reduce their reliance on FEDSTORE, potentially leading to a decline in business. A detailed performance history and financial breakdown would provide more insight into these risks.
How does FEDSTORE CORPORATION compare to similar contractors?
FEDSTORE CORPORATION operates as a niche player in the government contracting sector, offering specialized services that are in high demand but not necessarily dominant in any single area. While they do not dominate any single area, their consistent performance and ability to secure contracts without relying on sole-source awards indicate a strong competitive edge. Their focus on long-term relationships and client satisfaction suggests a strategic approach to maintaining a stable and diversified client base. However, their absence of recent contracts and specific agency clients makes it challenging to assess their current market position and performance relative to competitors.
Recent Federal Contracts
Fedstore Corporation has 8 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| VA awards $43.4M storage contract to Fedstore Corp, replacing equipment acros... | Department of Veterans Affairs | $43.4M | N/A |
| VA awards $22.3M for Red Hat software licenses and support, with full and ope... | Department of Veterans Affairs | $22.3M | N/A |
| VA's $20.6M Centralized File Storage Contract with Fedstore Corporation: A De... | Department of Veterans Affairs | $20.7M | N/A |
| VA awards $18.3M for laptops and tablets to Fedstore Corporation under full a... | Department of Veterans Affairs | $18.3M | N/A |
| VA awards $15.4M for encrypted data backup, with 5 bidders competing. | Department of Veterans Affairs | $15.4M | N/A |
| VA awards $12.9M contract for Okta Cloud Identity Services, impacting 1.7M us... | Department of Veterans Affairs | $12.9M | N/A |
| VA's $12.6M EMC hardware and software contract awarded to Fedstore Corporatio... | Department of Veterans Affairs | $12.7M | N/A |
| VA Awards $3.3M for Get Well Network Software to Fedstore Corporation | Department of Veterans Affairs | $3.3M | N/A |