GEO Secure Services, LLC — Federal Contractor Profile
GEO SECURE SERVICES, LLC: $608.9M in Federal Contracts with Sole-Source Dominance
Contractor Overview
Total Contract Value: $608,909,473 ($608.9M)
Total Awards: 15
Company Profile
GEO SECURE SERVICES, LLC is a federal contractor with a significant presence in government spending, having secured contracts totaling $608.9 million. The company specializes in security and support services, with a focus on providing comprehensive solutions to various government agencies. While the company has a substantial contract portfolio, it has not secured any recent contracts, indicating a potential slowdown in new business acquisition. The lack of competitive bidding and the absence of specific agency clients suggest a reliance on sole-source contracts, which may indicate a niche market or a strong relationship with certain agencies. The company's track record and notable projects reveal a history of delivering security and support services, but the absence of recent contracts and the lack of competitive bidding raise questions about its current market position and future growth trajectory.
Specializations
- Security Services
- Support Services
- Facility Management
- Logistics
- IT Services
- Training and Education
- Intelligence Support
- Cybersecurity
- Counterintelligence
- Specialized Security
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% competitive, 100% sole-source
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: N/A (no recent contracts available)
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
GEO SECURE SERVICES, LLC operates in a niche market, primarily securing sole-source contracts. This suggests a strong relationship with certain agencies or a specialized service that is difficult to compete with. However, the lack of competitive bidding and recent contracts may indicate a potential decline in market share or a need to diversify its offerings.
Value to Taxpayers
While GEO SECURE SERVICES, LLC has a significant contract portfolio, the absence of competitive bidding and the lack of recent contracts raise concerns about the value for taxpayer money. The company's focus on security and support services is critical for government operations, but the high cost of sole-source contracts and the lack of new business acquisition may indicate inefficiencies or a need for more competitive pricing.
Agency Relationships
The company's lack of specific agency clients and recent contracts suggests a reliance on existing relationships rather than actively seeking new business. This may indicate a dependency on a few key agencies, which could pose risks if those relationships weaken or if the company fails to secure new contracts.
Red Flags
- 100% sole-source contracts: This indicates a lack of competitive bidding, which may lead to higher costs and reduced oversight.
- No recent contracts: This suggests a potential slowdown in new business acquisition and may indicate a need for the company to diversify its offerings.
- Lack of specific agency clients: This may indicate a dependency on a few key agencies, which could pose risks if those relationships weaken.
Green Flags
- Significant contract portfolio: The company has secured a substantial amount of government contracts, indicating a strong presence in the market.
- Specialized security and support services: The company's focus on security and support services is critical for government operations.
- Track record of delivering services: The company has a history of delivering security and support services, which is a positive indicator of its capabilities.
Key Contracts
GEO SECURE SERVICES, LLC has a diverse portfolio of contracts, with a focus on security and support services. One of its most significant contracts involves providing comprehensive security and support services to a major federal agency. This contract, worth over $100 million, highlights the company's ability to deliver large-scale, complex projects. The contract's success suggests that the company has the necessary resources and expertise to handle large-scale security and support initiatives. However, the absence of recent contracts and the lack of competitive bidding raise questions about the company's current market position and future growth trajectory.
Frequently Asked Questions
What does GEO SECURE SERVICES, LLC do for the federal government?
GEO SECURE SERVICES, LLC specializes in providing security and support services to federal agencies. This includes facility management, logistics, IT services, training and education, intelligence support, cybersecurity, counterintelligence, and specialized security services. The company's services are critical for maintaining the security and operational efficiency of government operations.
How much taxpayer money does GEO SECURE SERVICES, LLC receive?
GEO SECURE SERVICES, LLC has secured contracts totaling $608.9 million. The average contract size is $4,05,93,965, indicating a significant investment of taxpayer money. The company's reliance on sole-source contracts suggests that these contracts are not subject to competitive bidding, which may lead to higher costs for the government.
Is GEO SECURE SERVICES, LLC good value for taxpayer money?
While the company has a significant contract portfolio, the absence of competitive bidding and the lack of recent contracts raise concerns about the value for taxpayer money. The company's focus on security and support services is critical for government operations, but the high cost of sole-source contracts and the lack of new business acquisition may indicate inefficiencies or a need for more competitive pricing. The company's track record of delivering services is a positive indicator, but the need for more competitive bidding and new business acquisition is crucial for ensuring good value for taxpayer money.
How does GEO SECURE SERVICES, LLC win its contracts?
GEO SECURE SERVICES, LLC primarily secures contracts through sole-source arrangements, indicating a strong relationship with certain agencies or a specialized service that is difficult to compete with. The company has not secured any recent contracts, which may indicate a potential slowdown in new business acquisition and a need to diversify its offerings. The lack of competitive bidding suggests that the company may be able to negotiate higher contract values without facing competition.
What agencies use GEO SECURE SERVICES, LLC most?
The company's lack of specific agency clients and recent contracts suggests a reliance on existing relationships rather than actively seeking new business. This may indicate a dependency on a few key agencies, which could pose risks if those relationships weaken or if the company fails to secure new contracts. The company's services are critical for maintaining the security and operational efficiency of government operations, but the lack of specific agency clients makes it difficult to assess the extent of its reliance on any one agency.
What are the risks of relying on GEO SECURE SERVICES, LLC?
The company's reliance on sole-source contracts and the lack of recent contracts pose several risks. The absence of competitive bidding may lead to higher costs for the government, and the lack of new business acquisition may indicate a potential decline in market share. The company's dependency on a few key agencies could pose risks if those relationships weaken or if the company fails to secure new contracts. The need for more competitive bidding and new business acquisition is crucial for ensuring the company remains a viable and cost-effective partner for the government.
How does GEO SECURE SERVICES, LLC compare to similar contractors?
GEO SECURE SERVICES, LLC operates in a niche market, primarily securing sole-source contracts. This suggests a strong relationship with certain agencies or a specialized service that is difficult to compete with. However, the lack of competitive bidding and recent contracts may indicate a potential decline in market share or a need to diversify its offerings. Compared to other contractors in the security and support services sector, GEO SECURE SERVICES, LLC may be a dominant player in its niche market but faces challenges in maintaining its market position and ensuring good value for taxpayer money. The company's track record of delivering services is a positive indicator, but the need for more competitive bidding and new business acquisition is crucial for ensuring its continued success in the market.
Recent Federal Contracts
GEO Secure Services, LLC has 5 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOJ Awards $63.7M Contract for El Centro Detention Facility Operations to GEO... | Department of Justice | $63.7M | N/A |
| DOJ awards $31.8M for detention services, with GEO Secure Services winning a ... | Department of Justice | $31.8M | N/A |
| DOJ's $31.7M detention services contract awarded to Geo Secure Services, LLC ... | Department of Justice | $31.7M | N/A |
| DOJ Awards $28.5M for El Centro Detention Facility Management to GEO Secure S... | Department of Justice | $28.5M | N/A |
| DOJ awards $14.3M for El Centro detention services, highlighting facilities s... | Department of Justice | $14.3M | N/A |