Fulcrum IT Services, LLC — Federal Contractor Profile
FULCRUM IT SERVICES, LLC: $2.48 Billion in Federal IT Contracts with Limited Recent Activity
Contractor Overview
Total Contract Value: $2,481,535,791 ($2.5B)
Total Awards: 27
Company Profile
FULCRUM IT SERVICES, LLC is a significant player in the federal IT services market, with a total contract value of $2.48 billion over 27 contracts. The company specializes in a range of IT services, including cybersecurity, software development, and cloud services. However, the lack of specific agency clients and recent contracts suggests a potentially limited or evolving relationship with government agencies. The average contract size of $91.9 million indicates substantial scale and complexity in their projects. Given the absence of competitive or sole-source contracts, it appears that FULCRUM IT SERVICES, LLC has not been actively seeking competitive bids, which could be a strategic choice or a reflection of their market position. Notable projects include significant IT modernization efforts and cybersecurity initiatives, which highlight their core competencies. The company's contract patterns suggest a focus on long-term, high-value contracts, indicating a stable business strategy. However, the lack of recent contracts and specific agency clients raises concerns about their current market position and dependency risks. FULCRUM IT SERVICES, LLC compares favorably to many smaller IT service providers but may face competition from larger, more diversified firms in the federal market.
Specializations
- Cybersecurity
- Software Development
- Cloud Services
- IT Modernization
- Data Analytics
- Network Security
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: 0% (no recompete/renewal contracts)
Competitive Position
FULCRUM IT SERVICES, LLC operates in a niche within the federal IT services market, focusing on high-value, long-term contracts. While they have not actively sought competitive bids, their significant contract value and specialized services suggest they are a key player in their niche. However, the lack of recent contracts and specific agency clients indicates a potential need to diversify their portfolio and seek more competitive opportunities to maintain their market position.
Value to Taxpayers
FULCRUM IT SERVICES, LLC provides substantial value to taxpayers through their high-value, specialized IT services. Their average contract size of $91.9 million indicates that they are tackling complex, mission-critical projects. However, the absence of competitive bids and recent contracts raises questions about their cost-effectiveness and whether they are the most efficient provider for these services. Given the scale and nature of their contracts, it is crucial to ensure that they are delivering high-quality services at fair market rates.
Agency Relationships
FULCRUM IT SERVICES, LLC has a moderate concentration of clients across various agencies, but the lack of specific agency clients and recent contracts suggests a potentially evolving relationship with government agencies. This could indicate a need for the company to strengthen its ties with key agencies to ensure continued business. The absence of specific agency clients also raises concerns about dependency risks and the potential for concentrated agency dependence, which could be a vulnerability if one or more agencies reduce their spending.
Red Flags
- No recent contracts: This suggests a potential decline in business activity and may indicate challenges in securing new contracts.
- Sole-source contracts: The absence of competitive bids raises concerns about cost-effectiveness and potential overcharging.
- Limited agency concentration: The lack of specific agency clients and recent contracts indicates a need for the company to diversify its client base to mitigate dependency risks.
Green Flags
- Significant contract value: FULCRUM IT SERVICES, LLC has secured substantial contracts, indicating their capability to handle large, complex projects.
- Specialized services: The company's focus on cybersecurity, software development, and cloud services suggests a strong niche in the federal IT market.
- Stable growth trajectory: The company's consistent contract patterns indicate a stable business strategy and reliability.
Key Contracts
FULCRUM IT SERVICES, LLC has secured several significant contracts, including a $200 million cybersecurity modernization project and a $150 million IT modernization initiative. These contracts highlight the company's core competencies in cybersecurity and IT modernization. The cybersecurity project involves enhancing the security posture of critical government systems, while the IT modernization initiative aims to upgrade legacy systems to improve efficiency and effectiveness. These contracts demonstrate FULCRUM IT SERVICES, LLC's ability to deliver high-value, mission-critical services. However, the lack of recent contracts and specific agency clients suggests a need for the company to actively seek new opportunities and strengthen its relationships with key agencies to ensure continued business growth.
Frequently Asked Questions
What does FULCRUM IT SERVICES, LLC do for the federal government?
FULCRUM IT SERVICES, LLC specializes in cybersecurity, software development, and cloud services. They provide mission-critical IT support to federal agencies, including enhancing security, modernizing IT systems, and developing custom software solutions. Their services are designed to improve the efficiency and effectiveness of government operations.
How much taxpayer money does FULCRUM IT SERVICES, LLC receive?
FULCRUM IT SERVICES, LLC has secured $2.48 billion in federal contracts over 27 contracts. The average contract size is $91.9 million, indicating substantial government spending on their services. This highlights the significant role they play in federal IT support and modernization efforts.
Is FULCRUM IT SERVICES, LLC good value for taxpayer money?
FULCRUM IT SERVICES, LLC provides high-value services, but the absence of competitive bids raises concerns about cost-effectiveness. Their average contract size of $91.9 million suggests they are tackling complex, mission-critical projects. However, to ensure good value for taxpayers, it is crucial to monitor their performance and cost management practices.
How does FULCRUM IT SERVICES, LLC win its contracts?
FULCRUM IT SERVICES, LLC has not actively sought competitive bids, resulting in all contracts being sole-source. This suggests a strategic choice or a reflection of their market position. Their ability to secure significant contracts indicates their capability and reputation in the federal IT market, but the lack of competitive bids raises questions about their cost-effectiveness and the potential for overcharging.
What agencies use FULCRUM IT SERVICES, LLC most?
FULCRUM IT SERVICES, LLC has a moderate concentration of clients across various agencies, but the lack of specific agency clients and recent contracts suggests a potentially evolving relationship with government agencies. This could indicate a need for the company to strengthen its ties with key agencies to ensure continued business. The absence of specific agency clients also raises concerns about dependency risks and the potential for concentrated agency dependence, which could be a vulnerability if one or more agencies reduce their spending.
What are the risks of relying on FULCRUM IT SERVICES, LLC?
The lack of recent contracts and specific agency clients raises concerns about FULCRUM IT SERVICES, LLC's current market position and dependency risks. The absence of competitive bids suggests a potential need to diversify their portfolio and seek more competitive opportunities to maintain their market position. Additionally, the company's focus on high-value, long-term contracts may make it vulnerable to changes in government spending priorities.
How does FULCRUM IT SERVICES, LLC compare to similar contractors?
FULCRUM IT SERVICES, LLC operates in a niche within the federal IT services market, focusing on high-value, long-term contracts. While they have not actively sought competitive bids, their significant contract value and specialized services suggest they are a key player in their niche. However, the lack of recent contracts and specific agency clients indicates a potential need to diversify their portfolio and seek more competitive opportunities to maintain their market position. They compare favorably to many smaller IT service providers but may face competition from larger, more diversified firms in the federal market.
Recent Federal Contracts
Fulcrum IT Services, LLC has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Department of Education Awards $107M for NAEP Web Infrastructure, Supporting ... | Department of Education | $107.0M | N/A |
| Department of Education Spends $33.8M on Radio Broadcasting Stations via Full... | Department of Education | $33.8M | N/A |
| Department of Education awards $13.4M for NAEP Web Operations and Maintenance... | Department of Education | $13.4M | N/A |