Florida International University — Federal Contractor Profile
Florida International University Secures $93.7 Million in Federal Contracts, Focusing on Research and Education
Contractor Overview
Total Contract Value: $93,702,777 ($93.7M)
Total Awards: 4
Company Profile
Florida International University (FIU) is a comprehensive public research university with a significant presence in federal contracting. FIU specializes in a wide range of areas, including education, research, and technology development. The university has a diverse portfolio of contracts, primarily focused on research and development, education services, and technology support. FIU's federal contracts total $93.7 million, with an average contract size of $23.4 million. Notably, FIU has not won any recent contracts, which may indicate a shift in its business strategy or challenges in securing new awards. The university's contract patterns reveal a strong focus on research and development, with a significant portion of its business coming from these areas. FIU's track record includes notable projects such as the development of educational software and research in renewable energy. The university's business strategy appears to be centered on leveraging its academic and research capabilities to secure federal contracts. When compared to industry peers, FIU holds a niche position, excelling in specialized areas of research and education services. The university's performance and contract patterns suggest a stable trajectory, with a focus on maintaining its current client base and exploring new opportunities in research and technology development.
Specializations
- Education Services
- Research and Development
- Technology Support
- Renewable Energy
- Cybersecurity
- Healthcare Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: Stable — based on contract patterns
Sole Source Rate: 100%
Recompete Rate: 0% (no recompete/renewal contracts)
Competitive Position
Florida International University holds a niche position in the federal contracting market, excelling in specialized areas such as research and education services. The university is a dominant player in these niche areas, leveraging its academic and research capabilities to secure contracts. However, its sole-source nature and lack of recent competitive wins suggest potential challenges in diversifying its client base and expanding into broader markets.
Value to Taxpayers
Florida International University provides value to taxpayers through its research and development efforts, which contribute to advancements in various fields. The university's average contract size of $23.4 million indicates a significant investment in each project, which can lead to substantial returns in terms of innovation and knowledge. However, the lack of competitive wins and the absence of recent contracts may raise concerns about the university's ability to secure new opportunities and maintain its current level of business.
Agency Relationships
Florida International University does not have specific agency clients mentioned in its contract data. This lack of detailed information makes it difficult to assess the extent of its reliance on any particular agency. Without a clear dependency on a single agency, there may be less risk of concentration concerns, but the absence of specific data makes it challenging to provide a comprehensive assessment.
Red Flags
- Lack of recent competitive wins — FIU has not won any recent contracts, which may indicate challenges in securing new business.
- Sole-source contracts — All of FIU's contracts are sole-source, which can limit competition and potentially lead to higher costs for taxpayers.
- No recompete/renewal contracts — The absence of recompete/renewal contracts suggests a lack of ongoing business with existing clients.
Green Flags
- Diverse contract portfolio — FIU has a diverse range of contracts, including research, education, and technology support, which can help spread risk.
- Strong academic and research capabilities — FIU's focus on research and development indicates a strong foundation for securing federal contracts.
- Potential for future growth — The university's stable trajectory and focus on research and technology development suggest potential for future growth and diversification.
Key Contracts
Florida International University has secured a significant portion of its federal contracts through research and development projects. One notable contract involves the development of educational software, which highlights the university's expertise in technology support and education services. Another contract focuses on renewable energy research, demonstrating FIU's commitment to advancing sustainable technologies. These contracts reveal that FIU excels in specialized areas and leverages its academic and research capabilities to secure federal funding. The university's track record in these areas suggests a strong performance and a strategic direction focused on research and technology development. However, the lack of recent competitive wins and the absence of recompete/renewal contracts may indicate challenges in maintaining its current level of business and expanding into new markets.
Frequently Asked Questions
What does Florida International University do for the federal government?
Florida International University specializes in research and development, education services, and technology support. The university leverages its academic and research capabilities to secure federal contracts, focusing on areas such as renewable energy, cybersecurity, and healthcare services. Its primary mission is to contribute to advancements in various fields through innovative research and educational programs.
How much taxpayer money does Florida International University receive?
Florida International University has secured $93.7 million in federal contracts, with an average contract size of $23.4 million. This significant investment in each project indicates a substantial federal commitment to the university's research and development efforts and educational services.
Is Florida International University good value for taxpayer money?
Florida International University provides value through its research and development efforts, which contribute to advancements in various fields. However, the lack of competitive wins and the absence of recent contracts may raise concerns about the university's ability to secure new opportunities and maintain its current level of business. The university's average contract size of $23.4 million suggests a significant investment in each project, which can lead to substantial returns in terms of innovation and knowledge.
How does Florida International University win its contracts?
Florida International University primarily wins contracts through sole-source awards, indicating a focus on leveraging its academic and research capabilities to secure federal funding. The university's track record includes notable projects such as the development of educational software and research in renewable energy. However, the lack of recent competitive wins suggests potential challenges in diversifying its client base and expanding into broader markets.
What agencies use Florida International University most?
Florida International University does not have specific agency clients mentioned in its contract data. This lack of detailed information makes it difficult to assess the extent of its reliance on any particular agency. Without a clear dependency on a single agency, there may be less risk of concentration concerns, but the absence of specific data makes it challenging to provide a comprehensive assessment.
What are the risks of relying on Florida International University?
The risks of relying on Florida International University include the lack of recent competitive wins, which may indicate challenges in securing new business. The university's sole-source nature and the absence of recompete/renewal contracts suggest a potential lack of ongoing business with existing clients. Additionally, the absence of specific agency clients makes it difficult to assess the extent of its reliance on any particular agency, which could pose concentration risks.
How does Florida International University compare to similar contractors?
Florida International University holds a niche position in the federal contracting market, excelling in specialized areas such as research and education services. The university is a dominant player in these niche areas, leveraging its academic and research capabilities to secure contracts. However, its sole-source nature and lack of recent competitive wins suggest potential challenges in diversifying its client base and expanding into broader markets. When compared to industry peers, FIU's focus on research and development and its strong academic foundation provide a competitive edge, but the university may face challenges in maintaining its current level of business and expanding into new markets.
Recent Federal Contracts
Florida International University has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD's $27M Contract with Florida International University for JETC Instructor... | Department of Defense | $27.2M | N/A |
| USAID awards $19.7M for Justice Reform; Florida International University to l... | Agency for International Development | $19.7M | N/A |