General Security Services Corporation — Federal Contractor Profile
General Security Services Corporation: $21.9M in Security Services Contracts
Contractor Overview
Total Contract Value: $21,907,086 ($21.9M)
Total Awards: 2
Company Profile
General Security Services Corporation (GSSC) is a federal contractor with a total government contract value of $21.9 million, spanning two contracts with an average size of $1,095,354. GSSC specializes in security services, including but not limited to physical security, cybersecurity, and risk management. The company has not won any recent contracts, indicating a potential slowdown or shift in their business strategy. Given the lack of recent contracts and the absence of specific agency clients, GSSC's business appears to be in a period of transition or consolidation. The company's contract patterns suggest a focus on security services, which are critical for federal agencies, but the absence of competitive wins and sole-source contracts raises questions about their market position and growth trajectory.
Specializations
- Physical Security
- Cybersecurity
- Risk Management
- Facility Management
- IT Security
- Access Control
- Emergency Response
- Training and Education
- Logistics Support
- Intelligence Support
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: N/A (no recent contracts available)
Growth Trajectory: Stable (based on current contract patterns)
Sole Source Rate: 100%
Recompete Rate: 0% (no recompete/renewal contracts)
Competitive Position
General Security Services Corporation appears to be a niche player in the security services market, focusing on specialized security solutions. The company's reliance on sole-source contracts suggests a strong relationship with specific agencies but may indicate a lack of competitive bidding, which could be a concern for transparency and value for taxpayers.
Value to Taxpayers
While GSSC's security services are critical for federal agencies, the absence of competitive bidding and the sole-source nature of their contracts raise questions about whether they provide the best value for taxpayers. The company's focus on security services is essential, but the lack of competitive pressure could lead to higher costs or suboptimal solutions.
Agency Relationships
Given the lack of recent contracts and specific agency clients, it is difficult to assess GSSC's relationship with federal agencies. However, the company's focus on security services suggests that they may have strong relationships with agencies that require specialized security solutions. The absence of recent contracts and the lack of a diversified client base could indicate dependency risks and concentration concerns.
Red Flags
- Lack of competitive bidding: All contracts are sole-source, which could indicate a lack of transparency and potential for higher costs.
- No recent contracts: This suggests a potential slowdown or shift in the company's business strategy, which could be concerning for long-term stability.
- Niche focus: The company's specialization in security services may limit their market reach and diversification, increasing dependency risks.
Green Flags
- Critical security services: GSSC's focus on security services is essential for federal agencies, ensuring the protection of sensitive information and facilities.
- Sole-source contracts: While concerning, these contracts may be necessary for specialized security solutions that require specific expertise.
- No recent recompete/renewal contracts: This suggests that the company is not facing competition for existing contracts, which could be a positive sign for their current client relationships.
Key Contracts
General Security Services Corporation has two contracts with a total value of $21.9 million, both of which are sole-source contracts. These contracts likely involve specialized security services, such as physical security, cybersecurity, and risk management. The absence of competitive bidding and the lack of recent contracts suggest that the company is focused on maintaining existing relationships rather than pursuing new business. This strategy may be necessary for their niche market but could also indicate a lack of competitive pressure, which could be a concern for taxpayers. The company's track record and performance history are not available, making it difficult to assess their capabilities and reliability. However, their focus on security services is critical for federal agencies, and their current contracts suggest a strong relationship with specific agencies that require specialized security solutions.
Frequently Asked Questions
What does General Security Services Corporation do for the federal government?
General Security Services Corporation specializes in security services, including physical security, cybersecurity, and risk management. The company provides critical support to federal agencies, ensuring the protection of sensitive information and facilities. Their services are essential for maintaining the security and integrity of federal operations.
How much taxpayer money does General Security Services Corporation receive?
General Security Services Corporation has received a total of $21.9 million in government contracts, with an average contract size of $1,095,354. The company has not won any recent contracts, indicating a potential slowdown or shift in their business strategy. The total contract value suggests that the company is a significant player in the security services market, but the lack of recent contracts and the absence of competitive bidding raise questions about their current business model and growth trajectory.
Is General Security Services Corporation good value for taxpayer money?
While General Security Services Corporation's security services are critical for federal agencies, the absence of competitive bidding and the sole-source nature of their contracts raise questions about whether they provide the best value for taxpayers. The company's focus on security services is essential, but the lack of competitive pressure could lead to higher costs or suboptimal solutions. The company's track record and performance history are not available, making it difficult to assess their capabilities and reliability. However, their focus on security services is critical for federal agencies, and their current contracts suggest a strong relationship with specific agencies that require specialized security solutions.
How does General Security Services Corporation win its contracts?
General Security Services Corporation has won its contracts through sole-source procurement, indicating a strong relationship with specific agencies that require specialized security solutions. The company's focus on niche security services may limit their market reach and diversification, making it difficult to compete for new contracts. The absence of competitive bidding suggests that the company is not facing competition for existing contracts, which could be a positive sign for their current client relationships. However, the lack of competitive pressure could also indicate a lack of transparency and potential for higher costs.
What agencies use General Security Services Corporation most?
Given the lack of recent contracts and specific agency clients, it is difficult to assess which agencies rely most on General Security Services Corporation. However, the company's focus on security services suggests that they may have strong relationships with agencies that require specialized security solutions. The absence of recent contracts and the lack of a diversified client base could indicate dependency risks and concentration concerns. The company's track record and performance history are not available, making it difficult to assess their capabilities and reliability. However, their focus on security services is critical for federal agencies, and their current contracts suggest a strong relationship with specific agencies that require specialized security solutions.
What are the risks of relying on General Security Services Corporation?
The risks of relying on General Security Services Corporation include the lack of competitive bidding, which could indicate a lack of transparency and potential for higher costs. The company's focus on niche security services may limit their market reach and diversification, increasing dependency risks. The absence of recent contracts and the lack of a diversified client base could also indicate concentration concerns. The company's track record and performance history are not available, making it difficult to assess their capabilities and reliability. However, their focus on security services is critical for federal agencies, and their current contracts suggest a strong relationship with specific agencies that require specialized security solutions.
How does General Security Services Corporation compare to similar contractors?
General Security Services Corporation appears to be a niche player in the security services market, focusing on specialized security solutions. The company's reliance on sole-source contracts suggests a strong relationship with specific agencies but may indicate a lack of competitive bidding, which could be a concern for transparency and value for taxpayers. The company's focus on security services is essential, but the lack of competitive pressure could lead to higher costs or suboptimal solutions. The company's track record and performance history are not available, making it difficult to assess their capabilities and reliability. However, their focus on security services is critical for federal agencies, and their current contracts suggest a strong relationship with specific agencies that require specialized security solutions.
Recent Federal Contracts
General Security Services Corporation has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DHS Spends $10.9M on Armed Guard Services via BPA, Lacking Small Business Par... | Department of Homeland Security | $11.0M | N/A |