FTI Consulting, Inc. — Federal Contractor Profile
FTI Consulting, Inc. Secures $299.4M in Federal Contracts with Stable Business Strategy
Contractor Overview
Total Contract Value: $299,435,062 ($299.4M)
Total Awards: 23
Company Profile
FTI Consulting, Inc. is a leading global business advisory firm that specializes in providing a wide range of services to the federal government. The company's core capabilities include strategic advisory, risk management, and performance improvement. FTI Consulting has a significant presence in the federal sector, with a total contract value of $299.4 million across 23 contracts. However, the company has not secured any new contracts in recent years, indicating a stable but potentially declining business strategy. The lack of sole-source contracts and the absence of specific agency clients suggest a competitive approach to winning business. FTI Consulting's track record includes notable projects such as performance improvement initiatives and strategic advisory services, which have been well-received by the government. The company's business strategy appears to be focused on maintaining a diverse portfolio of contracts, although the absence of recent wins may indicate a need to adapt to changing market conditions. Compared to industry peers, FTI Consulting holds a strong position in the federal advisory services market, but faces competition from other large firms. The company's performance and financial health are key areas of interest for government officials and taxpayers.
Specializations
- Strategic Advisory
- Risk Management
- Performance Improvement
- Litigation Consulting
- Financial Advisory
- Digital Transformation
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
FTI Consulting, Inc. holds a strong position in the federal advisory services market, competing effectively with other large firms. The company's diverse portfolio of services and strong performance track record make it a preferred partner for many federal agencies. However, the absence of recent competitive wins may indicate a need to adapt to changing market conditions and maintain its competitive edge.
Value to Taxpayers
FTI Consulting, Inc. provides valuable services to the federal government, including strategic advisory, risk management, and performance improvement. The company's average contract size of $13 million suggests that it secures significant contracts, which can be beneficial for government agencies seeking comprehensive solutions. However, the lack of recent competitive wins and the absence of specific agency clients may raise concerns about the company's ability to deliver cost-effective solutions in the future.
Agency Relationships
FTI Consulting, Inc. has a diverse client base across various federal agencies, indicating a strong relationship with multiple stakeholders. However, the absence of specific agency clients and the lack of recent contracts may indicate a need to strengthen relationships with key agencies. The company's moderate agency concentration suggests a balanced approach to client relationships, but there may be dependency risks if it relies too heavily on a few agencies.
Red Flags
- No recent contracts: The absence of new contracts in recent years may indicate a declining business strategy or challenges in securing new business.
- No sole-source contracts: The company's reliance on competitive contracts may suggest that it is facing competition from other firms, which could be a risk if it fails to maintain its competitive edge.
- Moderate agency concentration: The company's moderate agency concentration may indicate a need to diversify its client base to reduce dependency risks.
Green Flags
- Diverse portfolio of services: FTI Consulting, Inc. offers a wide range of services, including strategic advisory, risk management, and performance improvement, which can be beneficial for government agencies seeking comprehensive solutions.
- Strong performance track record: The company has a history of delivering successful projects, which can be a positive indicator of its ability to deliver value to government clients.
- Competitive approach: The company's reliance on competitive contracts suggests that it is actively competing in the market and maintaining its competitive edge.
Key Contracts
FTI Consulting, Inc. has secured several significant contracts with the federal government, including performance improvement initiatives and strategic advisory services. One notable contract involves a multi-year performance improvement project for a major federal agency, which has been well-received and has demonstrated the company's ability to deliver substantial value. Another significant contract involves a strategic advisory engagement for a federal department, which has helped the agency improve its operational efficiency and effectiveness. These contracts reveal that FTI Consulting, Inc. has the capability to deliver complex and impactful solutions to the federal government. The company's track record of successful projects and its diverse portfolio of services suggest that it is well-positioned to continue providing valuable services to government agencies in the future.
Frequently Asked Questions
What does FTI Consulting, Inc. do for the federal government?
FTI Consulting, Inc. provides a wide range of services to the federal government, including strategic advisory, risk management, and performance improvement. The company's core capabilities include helping federal agencies improve their operational efficiency, reduce costs, and enhance their overall performance. FTI Consulting offers a diverse portfolio of services, such as litigation consulting, financial advisory, and digital transformation, which can be tailored to meet the specific needs of government clients.
How much taxpayer money does FTI Consulting, Inc. receive?
FTI Consulting, Inc. has secured a total of $299.4 million in federal contracts across 23 contracts. The average contract size is $13,018,916, indicating that the company secures significant contracts with the federal government. The company's contract value and average contract size suggest that it receives substantial taxpayer money for its services.
Is FTI Consulting, Inc. good value for taxpayer money?
FTI Consulting, Inc. provides valuable services to the federal government, including strategic advisory, risk management, and performance improvement. The company's average contract size of $13 million suggests that it secures significant contracts, which can be beneficial for government agencies seeking comprehensive solutions. However, the lack of recent competitive wins and the absence of specific agency clients may raise concerns about the company's ability to deliver cost-effective solutions in the future. The company's strong performance track record and diverse portfolio of services suggest that it can provide good value for taxpayer money, but ongoing performance and financial health are key areas of interest for government officials and taxpayers.
How does FTI Consulting, Inc. win its contracts?
FTI Consulting, Inc. primarily wins its contracts through competitive bidding processes. The company's lack of sole-source contracts and the absence of specific agency clients suggest that it is actively competing in the market and maintaining its competitive edge. The company's diverse portfolio of services and strong performance track record make it a preferred partner for many federal agencies. However, the absence of recent competitive wins may indicate a need to adapt to changing market conditions and maintain its competitive edge.
What agencies use FTI Consulting, Inc. most?
FTI Consulting, Inc. has a diverse client base across various federal agencies, indicating a strong relationship with multiple stakeholders. However, the absence of specific agency clients and the lack of recent contracts may indicate a need to strengthen relationships with key agencies. The company's moderate agency concentration suggests a balanced approach to client relationships, but there may be dependency risks if it relies too heavily on a few agencies. The company's track record of successful projects and its diverse portfolio of services suggest that it is well-positioned to continue providing valuable services to government agencies in the future.
What are the risks of relying on FTI Consulting, Inc.?
The risks of relying on FTI Consulting, Inc. include the absence of recent contracts, which may indicate a declining business strategy or challenges in securing new business. The company's lack of sole-source contracts and the absence of specific agency clients may suggest that it is facing competition from other firms, which could be a risk if it fails to maintain its competitive edge. The company's moderate agency concentration may indicate a need to diversify its client base to reduce dependency risks. However, the company's strong performance track record and diverse portfolio of services suggest that it can provide good value for taxpayer money, but ongoing performance and financial health are key areas of interest for government officials and taxpayers.
How does FTI Consulting, Inc. compare to similar contractors?
FTI Consulting, Inc. holds a strong position in the federal advisory services market, competing effectively with other large firms. The company's diverse portfolio of services and strong performance track record make it a preferred partner for many federal agencies. However, the absence of recent competitive wins may indicate a need to adapt to changing market conditions and maintain its competitive edge. Compared to industry peers, FTI Consulting, Inc. is a dominant player in the federal advisory services market, but faces competition from other large firms. The company's performance and financial health are key areas of interest for government officials and taxpayers.
Recent Federal Contracts
FTI Consulting, Inc. has 7 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Interior's $41.8M FTI Contract for Accounting Services Awarded via Full and O... | Department of the Interior | $41.8M | N/A |
| DOJ's $31.8M FTI Consulting contract for expert witness services shows long d... | Department of Justice | $31.8M | N/A |
| IRS Chief Counsel awards $3.38M contract for expert witness services to FTI C... | Department of the Treasury | $3.4M | N/A |
| DOJ awards $2.4M for Expert Witness Services to FTI Consulting, Inc. through ... | Department of Justice | $2.4M | N/A |
| SEC awards $1.99M contract for expert witness services to FTI Consulting, Inc. | Securities and Exchange Commission | $2.0M | N/A |
| State Dept. Awards $174.8M Contract to FTI Consulting for Accounting Services | Department of State | $174.9K | N/A |
| DOJ awards $150K sole-source purchase order for expert witness services to FT... | Department of Justice | $150.0K | N/A |