Fluor Fernald Inc — Federal Contractor Profile
FLUOR FERNALD INC: $295B in Federal Contracts, Dominant in Nuclear Facility Management
Contractor Overview
Total Contract Value: $295,013,738,107 ($295.0B)
Total Awards: 138
Company Profile
FLUOR FERNALD INC is a significant federal contractor with a total government contract value of $295.01 billion, spanning 138 contracts. The company's core capabilities include environmental remediation, nuclear facility management, and decommissioning. FLUOR FERNALD INC has a diverse portfolio of contracts, primarily with the Department of Energy (DOE) and other federal agencies. The company's average contract size is $2,13,77,80,711, indicating substantial scale in government business. FLUOR FERNALD INC has not engaged in any sole-source contracts, suggesting a strong reliance on competitive bidding. The company's track record includes notable projects such as the K East Basin Decontamination and Decommissioning Project at the Hanford Site, which highlights its expertise in nuclear facility management. The contract patterns reveal a strategic focus on long-term, high-value contracts with the DOE, indicating a robust business strategy. Compared to industry peers, FLUOR FERNALD INC is a dominant player in the environmental remediation and nuclear facility management sectors, leveraging its extensive experience and specialized capabilities. The company's future outlook is likely to be stable, given its strong client relationships and consistent performance.
Specializations
- Environmental Remediation
- Nuclear Facility Management
- Decommissioning
- Waste Management
- Facility Operations and Maintenance
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: high
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 80%
Competitive Position
FLUOR FERNALD INC is a dominant player in the environmental remediation and nuclear facility management sectors. The company's extensive experience and specialized capabilities have enabled it to secure a significant portion of the federal government's high-value contracts. Its strong performance and consistent track record have solidified its position as a go-to contractor for complex and critical projects.
Value to Taxpayers
FLUOR FERNALD INC provides substantial value to taxpayers through its expertise in managing and decommissioning nuclear facilities and conducting environmental remediation. The company's average contract size of $2,13,77,80,711 indicates that it is handling large-scale, complex projects that require specialized knowledge and resources. While the company's contracts are substantial, the nature of the work and the critical nature of the facilities it manages suggest that the value provided to taxpayers is significant.
Agency Relationships
FLUOR FERNALD INC has a strong relationship with the Department of Energy (DOE), which accounts for a significant portion of its contracts. The company's dependency on the DOE is high, which could pose a risk if there are changes in agency priorities or funding. However, the DOE's focus on nuclear facility management and environmental remediation aligns well with FLUOR FERNALD INC's core capabilities, reducing dependency risks.
Red Flags
- No sole-source contracts: This suggests a heavy reliance on competitive bidding, which could indicate that the company is not always the preferred contractor for certain projects.
- High agency concentration: The company's strong relationship with the DOE poses a risk if there are changes in agency priorities or funding.
- Lack of recent contracts: The absence of recent contracts could indicate a potential decline in business or challenges in securing new contracts.
Green Flags
- Strong performance history: FLUOR FERNALD INC has a track record of successful project completion, which is a positive indicator of its capabilities.
- Diverse contract portfolio: The company's contracts span various environmental and nuclear management projects, indicating a diverse and robust business strategy.
- Consistent competitive wins: The company's reliance on competitive bidding suggests that it is a strong competitor in the market.
Key Contracts
FLUOR FERNALD INC's most significant contract is the K East Basin Decontamination and Decommissioning Project at the Hanford Site, which is a critical nuclear facility management project. This contract highlights the company's expertise in handling complex and high-risk projects. The project involves the decontamination and decommissioning of a nuclear facility, which requires specialized knowledge and resources. The successful completion of this project demonstrates FLUOR FERNALD INC's ability to manage large-scale, critical projects. This contract also reveals the company's strategic focus on long-term, high-value contracts with the Department of Energy, indicating a robust business strategy.
Frequently Asked Questions
What does FLUOR FERNALD INC do for the federal government?
FLUOR FERNALD INC specializes in environmental remediation, nuclear facility management, and decommissioning. The company provides critical services such as decontamination, decommissioning, and waste management for nuclear facilities and other high-risk sites. Its core capabilities include managing and decommissioning nuclear facilities, conducting environmental remediation, and providing facility operations and maintenance services.
How much taxpayer money does FLUOR FERNALD INC receive?
FLUOR FERNALD INC has received a total of $295.01 billion in government contracts, spanning 138 contracts. The average contract size is $2,13,77,80,711, indicating substantial scale in government business. The company's contracts are primarily with the Department of Energy (DOE) and other federal agencies, with a focus on nuclear facility management and environmental remediation.
Is FLUOR FERNALD INC good value for taxpayer money?
FLUOR FERNALD INC provides substantial value to taxpayers through its expertise in managing and decommissioning nuclear facilities and conducting environmental remediation. The company's average contract size of $2,13,77,80,711 indicates that it is handling large-scale, complex projects that require specialized knowledge and resources. While the company's contracts are substantial, the nature of the work and the critical nature of the facilities it manages suggest that the value provided to taxpayers is significant.
How does FLUOR FERNALD INC win its contracts?
FLUOR FERNALD INC primarily wins its contracts through competitive bidding. The company's strong performance history and specialized capabilities have enabled it to secure a significant portion of the federal government's high-value contracts. The company's reliance on competitive bidding suggests that it is a strong competitor in the market and that its contracts are awarded based on merit and capability.
What agencies use FLUOR FERNALD INC most?
FLUOR FERNALD INC has a strong relationship with the Department of Energy (DOE), which accounts for a significant portion of its contracts. The company's dependency on the DOE is high, which could pose a risk if there are changes in agency priorities or funding. However, the DOE's focus on nuclear facility management and environmental remediation aligns well with FLUOR FERNALD INC's core capabilities, reducing dependency risks.
What are the risks of relying on FLUOR FERNALD INC?
The primary risks of relying on FLUOR FERNALD INC include its heavy dependency on the Department of Energy (DOE) and the absence of recent contracts. The company's strong relationship with the DOE poses a risk if there are changes in agency priorities or funding. The absence of recent contracts could indicate a potential decline in business or challenges in securing new contracts. Additionally, the company's lack of sole-source contracts suggests a heavy reliance on competitive bidding, which could indicate that the company is not always the preferred contractor for certain projects.
How does FLUOR FERNALD INC compare to similar contractors?
FLUOR FERNALD INC is a dominant player in the environmental remediation and nuclear facility management sectors. The company's extensive experience and specialized capabilities have enabled it to secure a significant portion of the federal government's high-value contracts. Compared to industry peers, FLUOR FERNALD INC is a strong competitor, leveraging its extensive experience and specialized knowledge to secure contracts. The company's strong performance and consistent track record have solidified its position as a go-to contractor for complex and critical projects.
Recent Federal Contracts
Fluor Fernald Inc has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOE awards $2.1B contract for Fernald site remediation, a significant investm... | Department of Energy | $2.1B | N/A |