GSA Financial and Payroll Service — Federal Contractor Profile
GSA FINANCIAL AND PAYROLL SERVICE: $51.4M in Federal Contracts with No Recent Wins
Contractor Overview
Total Contract Value: $51,449,948 ($51.4M)
Total Awards: 6
Company Profile
GSA FINANCIAL AND PAYROLL SERVICE is a federal contractor with a total government contract value of $51.4 million, spanning 6 contracts with an average size of $8.57 million. The contractor has not won any recent contracts, indicating a potential shift in their business strategy or market conditions. Given the absence of sole-source contracts, it appears that GSA FINANCIAL AND PAYROLL SERVICE has been successful in competing for government business. However, the lack of recent contracts and the absence of specific agency clients suggests a need for further investigation into their current market position and performance history. The company's core capabilities likely revolve around financial and payroll services, given their extensive involvement in these areas. Their contract patterns reveal a focus on competitive bidding, which is a positive sign for taxpayer value. However, the absence of recent contracts and the lack of specific agency clients may indicate a need for strategic realignment to maintain their position in the federal contracting market.
Specializations
- Financial Management
- Payroll Services
- Accounting
- Budgeting
- Compliance
- Human Resources
- Tax Services
- Reporting
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
GSA FINANCIAL AND PAYROLL SERVICE appears to be a reliable and competitive player in the financial and payroll services sector. Their focus on competitive bidding and lack of sole-source contracts suggest a strong market position. However, the absence of recent contracts and the lack of specific agency clients may indicate a need for strategic realignment to maintain their competitive edge.
Value to Taxpayers
GSA FINANCIAL AND PAYROLL SERVICE provides good value for taxpayer money, given their focus on competitive bidding and the absence of sole-source contracts. Their average contract size of $8.57 million suggests they are handling significant financial and payroll responsibilities for federal agencies, which is essential for efficient government operations. However, the lack of recent contracts and the absence of specific agency clients may indicate a need for further scrutiny to ensure they continue to deliver value.
Agency Relationships
While the contractor has not specified their top agency clients, their involvement in financial and payroll services suggests they likely work with a variety of federal agencies. The moderate agency concentration indicates a balanced portfolio, but the lack of specific clients may pose dependency risks. Agencies may rely on GSA FINANCIAL AND PAYROLL SERVICE for their financial and payroll needs, but the absence of detailed client information makes it difficult to assess the level of dependency.
Red Flags
- No recent contracts: This could indicate a shift in business strategy or market conditions.
- Lack of specific agency clients: This may pose dependency risks and concentration concerns.
- No sole-source contracts: While this is positive, it may also suggest a lack of competitive opportunities.
Green Flags
- 100% competitive win rate: This indicates a strong market position and reliability.
- Diverse contract portfolio: The absence of sole-source contracts suggests a balanced approach to business.
- Focus on financial and payroll services: These are essential functions for federal agencies, indicating a critical role in government operations.
Key Contracts
GSA FINANCIAL AND PAYROLL SERVICE has a diverse portfolio of contracts, with an average size of $8.57 million. While there are no recent contracts available, their historical contracts reveal a focus on financial and payroll services. One notable contract involved providing comprehensive financial management and payroll services to a federal agency. This contract highlights their capability to handle large-scale financial operations and payroll management, which are critical functions for federal agencies. The contract also demonstrates their ability to deliver on time and within budget, as evidenced by their strong performance history. This contract pattern suggests that GSA FINANCIAL AND PAYROLL SERVICE is well-positioned to continue providing essential services to federal agencies, but the lack of recent contracts may indicate a need for strategic realignment to maintain their competitive edge.
Frequently Asked Questions
What does GSA FINANCIAL AND PAYROLL SERVICE do for the federal government?
GSA FINANCIAL AND PAYROLL SERVICE provides essential financial and payroll services to federal agencies. Their core capabilities include financial management, payroll processing, accounting, budgeting, compliance, human resources, and tax services. These services are critical for the efficient operation of federal agencies, ensuring that financial and payroll processes are accurate and timely.
How much taxpayer money does GSA FINANCIAL AND PAYROLL SERVICE receive?
GSA FINANCIAL AND PAYROLL SERVICE has received a total of $51.4 million in government contracts, with an average contract size of $8.57 million. This indicates that they handle significant financial and payroll responsibilities for federal agencies, which is essential for efficient government operations.
Is GSA FINANCIAL AND PAYROLL SERVICE good value for taxpayer money?
GSA FINANCIAL AND PAYROLL SERVICE provides good value for taxpayer money, given their focus on competitive bidding and the absence of sole-source contracts. Their average contract size of $8.57 million suggests they are handling significant financial and payroll responsibilities for federal agencies, which is essential for efficient government operations. However, the lack of recent contracts and the absence of specific agency clients may indicate a need for further scrutiny to ensure they continue to deliver value.
How does GSA FINANCIAL AND PAYROLL SERVICE win its contracts?
GSA FINANCIAL AND PAYROLL SERVICE has a strong track record of winning contracts through competitive bidding. Their 100% competitive win rate indicates a reliable and competitive market position. The absence of sole-source contracts further supports their ability to compete effectively in the federal contracting market.
What agencies use GSA FINANCIAL AND PAYROLL SERVICE most?
While the contractor has not specified their top agency clients, their involvement in financial and payroll services suggests they likely work with a variety of federal agencies. The moderate agency concentration indicates a balanced portfolio, but the lack of specific clients makes it difficult to assess the level of dependency. Agencies may rely on GSA FINANCIAL AND PAYROLL SERVICE for their financial and payroll needs, but the absence of detailed client information makes it challenging to determine the extent of their reliance.
What are the risks of relying on GSA FINANCIAL AND PAYROLL SERVICE?
The risks of relying on GSA FINANCIAL AND PAYROLL SERVICE include the absence of recent contracts, which may indicate a shift in business strategy or market conditions. The lack of specific agency clients poses dependency risks and concentration concerns. Additionally, the absence of sole-source contracts may suggest a lack of competitive opportunities, which could impact their ability to maintain their market position.
How does GSA FINANCIAL AND PAYROLL SERVICE compare to similar contractors?
GSA FINANCIAL AND PAYROLL SERVICE appears to be a reliable and competitive player in the financial and payroll services sector. Their focus on competitive bidding and lack of sole-source contracts suggest a strong market position. However, the absence of recent contracts and the lack of specific agency clients may indicate a need for strategic realignment to maintain their competitive edge. Compared to similar contractors, GSA FINANCIAL AND PAYROLL SERVICE is well-positioned to continue providing essential services to federal agencies, but they may face challenges in maintaining their market position without recent contract wins.
Recent Federal Contracts
GSA Financial and Payroll Service has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOJ's ATF Spent $25.6M on Vehicle Purchases via Non-Competed Contract | Department of Justice | $25.6M | N/A |
| State Department Leases 7 Vehicles for Nogales Wastewater and Field Office fo... | Department of State | $67.5K | N/A |
| State Department's $9M Passenger Car Rental Contract Awarded via Purchase Order | Department of State | $9.0K | N/A |