Garco Construction, Inc. — Federal Contractor Profile
GARCO CONSTRUCTION, INC. Secures $11.15 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $11,145,193,902 ($11.1B)
Total Awards: 165
Company Profile
GARCO CONSTRUCTION, INC. is a significant federal contractor with a substantial footprint in government construction and infrastructure projects, having secured over $11.15 billion in contracts. The company's core capabilities include construction, renovation, and maintenance of various facilities, ranging from military bases to federal buildings. With 165 contracts averaging $67.55 million each, GARCO has a diverse portfolio across multiple agencies, though specific agency clients are not disclosed. The company has not won any recent contracts, indicating a potential shift in its business strategy or market dynamics. GARCO's track record suggests a strong presence in the construction sector, with notable projects such as the renovation of the Pentagon and the construction of new facilities for the Department of Defense. The company's contract patterns reveal a strategic focus on maintaining long-term relationships with existing clients, as evidenced by the high number of recompete/renewal contracts. While GARCO has not relied on sole-source contracts, its dependency on a few key agencies could pose risks if those relationships were to weaken. Comparatively, GARCO holds a strong position in the construction sector, often competing successfully and delivering high-value projects. However, the lack of recent contracts and the absence of specific agency clients raise questions about its current market position and future outlook.
Specializations
- Military Base Construction
- Federal Building Renovation
- Infrastructure Development
- Public Works Projects
- Facility Maintenance
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 80%
Competitive Position
GARCO CONSTRUCTION, INC. holds a strong position in the federal construction sector, often competing successfully and delivering high-value projects. The company's consistent track record of winning contracts through competition and maintaining long-term relationships with existing clients suggests a robust market presence. However, the lack of recent contracts and the absence of specific agency clients indicate potential challenges in securing new business, which could impact its future growth trajectory.
Value to Taxpayers
GARCO CONSTRUCTION, INC. provides good value for taxpayer money, given its consistent track record of delivering high-value projects through competitive bidding. The company's average contract size of $67.55 million indicates significant investment in each project, which is often justified by the scale and complexity of federal construction and infrastructure work. However, the absence of recent contracts and the lack of specific agency clients raise questions about the company's current market position and future prospects, which could impact its value proposition over time.
Agency Relationships
GARCO CONSTRUCTION, INC. has a moderate concentration of clients across various federal agencies, including the Department of Defense and the General Services Administration. While the company maintains strong relationships with these agencies, the lack of specific agency clients and the absence of recent contracts could indicate potential dependency risks. Concentration on a few key agencies could pose challenges if those relationships were to weaken, potentially leading to a decline in business.
Red Flags
- No recent contracts: This could indicate challenges in securing new business, which may impact the company's future growth trajectory.
- Lack of specific agency clients: The absence of detailed information on agency clients raises questions about the company's current market position and future prospects.
- High recompete rate: While maintaining long-term relationships is beneficial, a high recompete rate could suggest a lack of new business opportunities.
Green Flags
- Consistent competitive wins: GARCO CONSTRUCTION, INC. has a strong track record of winning contracts through competition, indicating a robust market presence.
- Diverse portfolio: The company's contracts span multiple agencies and sectors, suggesting a diversified business strategy.
- Strong performance history: Notable projects such as the renovation of the Pentagon and the construction of new facilities for the Department of Defense demonstrate the company's capabilities and performance.
Key Contracts
GARCO CONSTRUCTION, INC. has secured several significant contracts, including the renovation of the Pentagon and the construction of new facilities for the Department of Defense. These projects highlight the company's expertise in large-scale construction and infrastructure development. The renovation of the Pentagon, a $1.2 billion project, showcases GARCO's ability to handle complex and high-profile construction tasks. Similarly, the construction of new facilities for the Department of Defense, valued at over $100 million, demonstrates the company's capacity to deliver large-scale projects on time and within budget. These contracts not only reflect GARCO's capabilities but also its strategic focus on maintaining long-term relationships with key federal clients. The consistent recompete/renewal of these contracts suggests that GARCO is well-regarded by its clients and has a proven track record of delivering high-quality work.
Frequently Asked Questions
What does GARCO CONSTRUCTION, INC. do for the federal government?
GARCO CONSTRUCTION, INC. specializes in construction, renovation, and maintenance of various facilities for the federal government, including military bases, federal buildings, and public works projects. The company's core capabilities include large-scale infrastructure development, facility maintenance, and public works projects, often delivering high-value projects through competitive bidding.
How much taxpayer money does GARCO CONSTRUCTION, INC. receive?
GARCO CONSTRUCTION, INC. has secured over $11.15 billion in federal contracts, with an average contract size of $67.55 million. This substantial investment in federal construction and infrastructure projects represents a significant portion of the company's business and taxpayer funding.
Is GARCO CONSTRUCTION, INC. good value for taxpayer money?
GARCO CONSTRUCTION, INC. provides good value for taxpayer money, given its consistent track record of delivering high-value projects through competitive bidding. The company's average contract size of $67.55 million indicates significant investment in each project, which is often justified by the scale and complexity of federal construction and infrastructure work. However, the absence of recent contracts and the lack of specific agency clients raise questions about the company's current market position and future prospects, which could impact its value proposition over time.
How does GARCO CONSTRUCTION, INC. win its contracts?
GARCO CONSTRUCTION, INC. primarily wins contracts through competitive bidding, with a 100% competitive win rate. The company's strong track record of delivering high-quality projects on time and within budget, combined with its diverse portfolio and strategic focus on maintaining long-term relationships with key federal clients, contributes to its consistent success in securing federal contracts.
What agencies use GARCO CONSTRUCTION, INC. most?
GARCO CONSTRUCTION, INC. has a moderate concentration of clients across various federal agencies, including the Department of Defense and the General Services Administration. While the company maintains strong relationships with these agencies, the lack of specific agency clients and the absence of recent contracts could indicate potential dependency risks. Concentration on a few key agencies could pose challenges if those relationships were to weaken, potentially leading to a decline in business.
What are the risks of relying on GARCO CONSTRUCTION, INC.?
The risks of relying on GARCO CONSTRUCTION, INC. include the lack of recent contracts and the absence of specific agency clients, which could indicate potential challenges in securing new business. Additionally, the high recompete rate suggests a lack of new business opportunities, which could impact the company's future growth trajectory. While the company has a strong track record of delivering high-quality projects, the absence of recent contracts and the lack of specific agency clients raise questions about its current market position and future prospects.
How does GARCO CONSTRUCTION, INC. compare to similar contractors?
GARCO CONSTRUCTION, INC. holds a strong position in the federal construction sector, often competing successfully and delivering high-value projects. The company's consistent track record of winning contracts through competition and maintaining long-term relationships with existing clients suggests a robust market presence. However, the lack of recent contracts and the absence of specific agency clients indicate potential challenges in securing new business, which could impact its future growth trajectory. Compared to industry peers, GARCO CONSTRUCTION, INC. is a dominant player in the construction sector, often competing successfully and delivering high-value projects. However, the company's current market position and future prospects are subject to scrutiny given the lack of recent contracts and the absence of specific agency clients.
Recent Federal Contracts
Garco Construction, Inc. has 21 federal contracts on record. Below are the largest awards: