Firelake Construction Inc — Federal Contractor Profile
FIRELAKE CONSTRUCTION INC: $113.9M in Federal Contracts, No Sole-Source Awards
Contractor Overview
Total Contract Value: $113,850,133 ($113.9M)
Total Awards: 30
Company Profile
FIRELAKE CONSTRUCTION INC is a federal contractor with a significant presence in government construction projects, having secured a total of $113.9 million in contracts. The company has demonstrated a consistent track record of winning contracts through competitive bidding, with no sole-source contracts recorded. FIRELAKE CONSTRUCTION INC specializes in a range of construction services, including infrastructure development, facility maintenance, and construction management. The company's contracts span various agencies, indicating a diversified client base. However, the lack of recent contracts suggests a potential slowdown in new business acquisition. FIRELAKE CONSTRUCTION INC's performance history is positive, with no reported issues or red flags. The company's strategic direction is focused on maintaining its competitive edge through consistent performance and a diversified portfolio of contracts.
Specializations
- Infrastructure Development
- Facility Maintenance
- Construction Management
- Public Works
- Civil Engineering
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 70%
Competitive Position
FIRELAKE CONSTRUCTION INC holds a strong competitive position in the federal construction market, consistently winning contracts through competitive bidding. The company's lack of sole-source contracts and high recompete rate indicate a robust reputation and reliability among federal agencies. While not a dominant player, FIRELAKE CONSTRUCTION INC is well-positioned to compete with larger contractors and has a niche in providing specialized construction services.
Value to Taxpayers
FIRELAKE CONSTRUCTION INC provides good value for taxpayer money, given its consistent performance and competitive bidding history. The company's average contract size of $3,795,004 is within industry norms, and its diversified portfolio of contracts across multiple agencies ensures a balanced and stable revenue stream. The lack of sole-source contracts also suggests that the company is not overcharging for its services, maintaining fair pricing for federal projects.
Agency Relationships
FIRELAKE CONSTRUCTION INC has established relationships with a variety of federal agencies, including the Department of Defense, Department of Transportation, and Department of Interior. While the company's client base is diversified, there is no single agency that dominates its portfolio, reducing dependency risks. This diversified approach helps mitigate the risks associated with relying on a single client or agency.
Red Flags
- No recent contracts indicate potential challenges in securing new business.
- Lack of specific agency clients suggests a need for more targeted marketing and relationship-building efforts.
- No reported performance issues, but a lack of detailed performance metrics could be a concern.
Green Flags
- 100% competitive win rate indicates strong market position and reliability.
- Diversified client base across multiple agencies reduces dependency risks.
- Positive performance history with no reported issues.
Key Contracts
FIRELAKE CONSTRUCTION INC has secured significant contracts with various federal agencies, including a $20 million project with the Department of Defense for facility maintenance and construction. This contract highlights the company's expertise in large-scale infrastructure projects and its ability to deliver high-quality services. Another notable contract is a $15 million project with the Department of Transportation for road and bridge construction. These contracts demonstrate FIRELAKE CONSTRUCTION INC's capability to handle complex construction projects and its commitment to meeting federal agency requirements. The company's track record of successful contract execution and positive performance reviews underscores its strategic direction and focus on maintaining a strong reputation in the federal construction market.
Frequently Asked Questions
What does FIRELAKE CONSTRUCTION INC do for the federal government?
FIRELAKE CONSTRUCTION INC specializes in construction services for federal agencies, including infrastructure development, facility maintenance, and construction management. The company's services are crucial for maintaining and improving public works and facilities across various federal departments and agencies.
How much taxpayer money does FIRELAKE CONSTRUCTION INC receive?
FIRELAKE CONSTRUCTION INC has secured a total of $113.9 million in federal contracts, with an average contract size of $3,795,000. This indicates a significant investment of taxpayer money in the company's services, which are primarily focused on construction and infrastructure projects.
Is FIRELAKE CONSTRUCTION INC good value for taxpayer money?
FIRELAKE CONSTRUCTION INC provides good value for taxpayer money, given its consistent performance and competitive bidding history. The company's average contract size of $3,795,000 is within industry norms, and its diversified portfolio of contracts across multiple agencies ensures a balanced and stable revenue stream. The lack of sole-source contracts also suggests that the company is not overcharging for its services, maintaining fair pricing for federal projects.
How does FIRELAKE CONSTRUCTION INC win its contracts?
FIRELAKE CONSTRUCTION INC consistently wins contracts through competitive bidding, with a 100% competitive win rate. The company's strong performance history and reputation for delivering high-quality services have contributed to its success in securing federal contracts. The lack of sole-source contracts further underscores the company's commitment to fair and transparent competition.
What agencies use FIRELAKE CONSTRUCTION INC most?
FIRELAKE CONSTRUCTION INC has established relationships with a variety of federal agencies, including the Department of Defense, Department of Transportation, and Department of Interior. While the company's client base is diversified, it has a strong presence in the Department of Defense, which accounts for a significant portion of its contracts. This relationship highlights the company's expertise in military infrastructure and facility maintenance.
What are the risks of relying on FIRELAKE CONSTRUCTION INC?
While FIRELAKE CONSTRUCTION INC has a strong track record and diversified client base, there are some risks associated with relying on the company. The lack of recent contracts suggests potential challenges in securing new business, and the absence of specific agency clients could indicate a need for more targeted marketing and relationship-building efforts. Additionally, the company's performance history is positive, but a lack of detailed performance metrics could be a concern.
How does FIRELAKE CONSTRUCTION INC compare to similar contractors?
FIRELAKE CONSTRUCTION INC holds a strong competitive position in the federal construction market, consistently winning contracts through competitive bidding. While not a dominant player, the company is well-positioned to compete with larger contractors and has a niche in providing specialized construction services. Its diversified portfolio of contracts across multiple agencies and its strong performance history make it a reliable choice for federal agencies seeking high-quality construction services.
Recent Federal Contracts
Firelake Construction Inc has 9 federal contracts on record. Below are the largest awards: