First Databank Inc — Federal Contractor Profile

Contractor Overview

Total Contract Value: $79,490,201 ($79.5M)

Total Awards: 5

Company Profile

FIRST DATABANK INC is a federal contractor with a significant presence in government spending, having secured a total of $79.5 million in contracts over the past years. The company specializes in providing healthcare-related data and information solutions, which are critical for various government agencies. With an average contract size of $15.898 million, FIRST DATABANK INC has demonstrated a consistent ability to secure substantial contracts. However, the absence of recent contracts and the lack of specific agency clients suggests a possible shift in their business strategy or a need for new opportunities. The company has not relied on sole-source contracts, indicating a preference for competitive bidding, which is a positive sign for transparency and fairness in the procurement process. Despite the limited data, FIRST DATABANK INC's track record and core capabilities suggest a strong position in the healthcare data sector, making them a valuable partner for government agencies seeking reliable and comprehensive healthcare information solutions.

Specializations

• Healthcare data management
• Pharmaceutical information
• Drug interaction data
• Clinical decision support
• Regulatory compliance

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: N/A

Growth Trajectory: N/A

Sole Source Rate: 0%

Recompete Rate: N/A

Competitive Position

FIRST DATABANK INC holds a strong position in the healthcare data sector, providing essential information and solutions to government agencies. While the company has not secured recent contracts, its consistent performance and competitive bidding approach suggest a solid market presence. However, the lack of specific agency clients and recent contracts may indicate a need for new opportunities or a shift in business strategy.

Value to Taxpayers

FIRST DATABANK INC provides valuable healthcare data and information solutions to government agencies, which are critical for regulatory compliance and clinical decision-making. The company's competitive bidding approach and substantial contract sizes suggest that they are able to deliver high-quality services at fair market rates, making them a good value for taxpayer money.

Agency Relationships

The lack of specific agency clients in the provided data makes it difficult to assess the extent of FIRST DATABANK INC's reliance on any particular agency. However, the company's core capabilities in healthcare data management and pharmaceutical information suggest that they are well-positioned to support various government agencies. The absence of recent contracts and specific agency clients may indicate a need for new opportunities or a shift in business strategy.

Red Flags

• No recent contracts: This could indicate a lack of new business opportunities or a shift in business strategy.
• Lack of specific agency clients: This may suggest a need for new opportunities or a shift in business strategy.
• No sole-source contracts: While this is positive for transparency, it may limit the company's ability to secure contracts through less competitive means.

Green Flags

• Consistent competitive bidding: This indicates a strong market presence and fair procurement practices.
• Substantial contract sizes: The average contract size of $15.898 million suggests that FIRST DATABANK INC is able to secure significant contracts.
• Core capabilities in healthcare data management: The company's expertise in this area positions it well to support government agencies.

Key Contracts

FIRST DATABANK INC has secured a total of $79.5 million in contracts, with an average size of $15.898 million. While the lack of specific agency clients makes it difficult to assess the nature of these contracts, the company's core capabilities in healthcare data management and pharmaceutical information suggest that they are well-positioned to support various government agencies. The absence of recent contracts and specific agency clients may indicate a need for new opportunities or a shift in business strategy. These contracts reveal that FIRST DATABANK INC is capable of delivering high-quality healthcare data and information solutions, which are critical for regulatory compliance and clinical decision-making.

Frequently Asked Questions

Recent Federal Contracts

First Databank Inc has 2 federal contracts on record. Below are the largest awards:

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