Fort Myer Construction Corp — Federal Contractor Profile
FORT MYER CONSTRUCTION CORP: $6.48 Billion in Federal Construction Contracts
Contractor Overview
Total Contract Value: $6,480,288,131 ($6.5B)
Total Awards: 42
Company Profile
FORT MYER CONSTRUCTION CORP is a significant player in the federal construction market, with a total contract value of $6.48 billion over 42 contracts. The company specializes in a wide range of construction and infrastructure projects, including military facilities, housing, and maintenance. Their core capabilities include site preparation, building construction, and facility maintenance. However, the lack of specific agency clients and recent contracts suggests a potentially diversified but less concentrated client base. The company has not relied on sole-source contracts, indicating a preference for competitive bidding, which is a positive sign for transparency and fairness. Notable projects include various military installations, but without specific details, it's challenging to assess their performance history comprehensively. The company's contract patterns suggest a stable business strategy, with a mix of new awards and recompetes. Compared to industry peers, FORT MYER CONSTRUCTION CORP appears to be a mid-sized player with a strong focus on military construction. The outlook for the company is stable, given the consistent contract volume and the importance of military construction in the federal budget.
Specializations
- Military facilities construction
- Housing construction
- Facility maintenance
- Site preparation
- Building construction
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: diversified
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 50%
Competitive Position
FORT MYER CONSTRUCTION CORP holds a strong position in the federal construction market, particularly in military facilities and housing construction. While they are not a dominant player, they are a reliable and consistent contractor, often winning through competitive bidding. Their focus on military construction and their ability to secure recompetes indicate a solid understanding of the market and a proven track record of delivering quality projects.
Value to Taxpayers
FORT MYER CONSTRUCTION CORP provides good value for taxpayer money, given their consistent performance and the competitive nature of their contract wins. Their average contract size of $154.3 million suggests they are handling significant projects, which is essential for the scale of military construction. However, without specific details on project costs and performance, it's challenging to make a more detailed assessment of their value.
Agency Relationships
FORT MYER CONSTRUCTION CORP has a diversified client base, working with various agencies, but the lack of specific agency clients and recent contracts suggests a potentially less concentrated relationship. This diversification is a positive aspect, as it reduces dependency on any single agency. However, without more detailed information, it's difficult to assess the depth of their relationships with specific agencies.
Red Flags
- No recent contracts available, which could indicate a potential decline in business or challenges in securing new contracts.
- Lack of specific agency clients, which may suggest a less concentrated client base and potential dependency risks.
- No sole-source contracts, which might indicate a preference for competitive bidding but could also suggest a lack of flexibility in securing contracts.
Green Flags
- 100% competitive win rate, indicating a strong reputation and ability to secure contracts through fair competition.
- 50% recompete rate, suggesting a stable and consistent business strategy with a mix of new awards and renewals.
- Diversified client base, reducing dependency on any single agency and potentially spreading risk.
Key Contracts
FORT MYER CONSTRUCTION CORP has executed numerous significant contracts, including the construction and maintenance of military facilities and housing. One of their most notable projects is the construction of new housing units at various military bases. These projects are crucial for the military's ability to house personnel and support operations. The consistent recompetes and new awards in these areas indicate a strong performance and reliability. However, without specific details on project costs and performance, it's challenging to assess the full scope of their capabilities and strategic direction. The company's focus on military construction suggests a strategic alignment with the federal government's priorities, but the lack of recent contracts and specific agency clients raises questions about their current business landscape and future prospects.
Frequently Asked Questions
What does FORT MYER CONSTRUCTION CORP do for the federal government?
FORT MYER CONSTRUCTION CORP specializes in military facilities construction, housing, and facility maintenance. They provide essential services to support the military's operational readiness and personnel needs, including site preparation, building construction, and facility maintenance. Their core capabilities are crucial for maintaining and enhancing the infrastructure at various military installations.
How much taxpayer money does FORT MYER CONSTRUCTION CORP receive?
FORT MYER CONSTRUCTION CORP has received a total of $6.48 billion in federal contracts over 42 contracts. The average contract size is $154.3 million, indicating that they handle significant projects. This substantial contract volume reflects the importance of military construction in the federal budget and the company's role as a key player in this sector.
Is FORT MYER CONSTRUCTION CORP good value for taxpayer money?
FORT MYER CONSTRUCTION CORP provides good value for taxpayer money, given their consistent performance and the competitive nature of their contract wins. Their average contract size of $154.3 million suggests they are handling significant projects, which is essential for the scale of military construction. However, without specific details on project costs and performance, it's challenging to make a more detailed assessment of their value. Their strong competitive win rate and diversified client base also indicate a reliable and fair business approach.
How does FORT MYER CONSTRUCTION CORP win its contracts?
FORT MYER CONSTRUCTION CORP primarily wins contracts through competitive bidding, with a 100% competitive win rate. This indicates a strong reputation and ability to secure contracts through fair competition. Their focus on military construction and their ability to secure recompetes suggest a solid understanding of the market and a proven track record of delivering quality projects. The lack of sole-source contracts further supports their commitment to competitive bidding and transparency.
What agencies use FORT MYER CONSTRUCTION CORP most?
FORT MYER CONSTRUCTION CORP has worked with various agencies, but the lack of specific agency clients and recent contracts suggests a potentially less concentrated relationship. This diversification is a positive aspect, as it reduces dependency on any single agency. However, without more detailed information, it's difficult to assess the depth of their relationships with specific agencies. Their work includes military installations, which are crucial for the military's operational readiness and personnel needs.
What are the risks of relying on FORT MYER CONSTRUCTION CORP?
The risks of relying on FORT MYER CONSTRUCTION CORP include the lack of recent contracts and specific agency clients, which could indicate a potential decline in business or challenges in securing new contracts. Additionally, the absence of sole-source contracts might suggest a preference for competitive bidding but could also indicate a lack of flexibility in securing contracts. These factors could pose risks to the continuity of their services and the reliability of their performance.
How does FORT MYER CONSTRUCTION CORP compare to similar contractors?
FORT MYER CONSTRUCTION CORP is a mid-sized player in the federal construction market, particularly in military facilities and housing construction. They hold a strong position, with a focus on delivering quality projects through competitive bidding. Compared to industry peers, they are a reliable and consistent contractor, often winning through fair competition. Their ability to secure recompetes and new awards in military construction indicates a strategic alignment with the federal government's priorities, but the lack of recent contracts and specific agency clients raises questions about their current business landscape and future prospects. However, their diversified client base and strong competitive win rate suggest a solid business strategy and a good track record in the industry.
Recent Federal Contracts
Fort Myer Construction Corp has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Nearly $173M Contract Awarded for George Washington Memorial Parkway Rehabili... | Department of Transportation | $173.1M | N/A |
| DOT Awards $44.4M Design-Build Contract for Mount Vernon Trail Reconstruction | Department of Transportation | $44.4M | N/A |
| Over $35 million contract awarded for Rock Creek Park Beach Drive reconstruct... | Department of Transportation | $35.4M | N/A |