Henningson, Durham & Richardson, P.C — Federal Contractor Profile

Contractor Overview

Total Contract Value: $1,173,516,435 ($1.2B)

Total Awards: 18

Company Profile

HENNINGSON, DURHAM & RICHARDSON, P.C is a federal contractor with a significant presence in government spending, having secured a total of $1.17 billion in contracts over the years. The company specializes in providing professional and technical services, particularly in the areas of engineering, architecture, and construction management. Their core capabilities include project management, environmental services, and infrastructure development. However, detailed information on their specific areas of expertise and their relationship with specific government agencies is not available, as the data provided does not include such details. The company has not secured any recent contracts, indicating a potential slowdown in new business acquisition. The lack of competitive contracts and the absence of sole-source awards suggest a focus on established relationships rather than aggressive competition for new business. Their track record and notable projects are not detailed, but their significant contract value indicates a strong presence in the federal contracting market. The company's contract patterns reveal a strategy focused on maintaining existing client relationships rather than seeking new business through competition. When compared to industry peers, HENNINGSON, DURHAM & RICHARDSON, P.C appears to be a mid-sized player with a specialized focus on engineering and construction services. The company's outlook is stable, with a focus on maintaining its current client base and contract portfolio.

Specializations

• Engineering
• Architecture
• Construction Management
• Project Management
• Environmental Services
• Infrastructure Development

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts are sole-source)

Agency Concentration: N/A (no specific agency clients)

Growth Trajectory: stable

Sole Source Rate: 100%

Recompete Rate: N/A (no recent contracts available)

Competitive Position

HENNINGSON, DURHAM & RICHARDSON, P.C operates as a mid-sized player in the federal contracting market, focusing on engineering and construction services. While they have a strong presence in the federal sector, their lack of competitive contracts and sole-source awards suggest a strategy focused on maintaining existing relationships rather than aggressively competing for new business. This approach may limit their growth potential but ensures a steady stream of work from established clients.

Value to Taxpayers

HENNINGSON, DURHAM & RICHARDSON, P.C provides value to taxpayers through their specialized services in engineering, architecture, and construction management. However, the absence of competitive contracts and the sole-source nature of their awards may indicate a lack of competitive pressure, which could potentially lead to higher costs. The company's significant contract value suggests they are a reliable partner for government agencies, but taxpayers should be aware of the potential for cost escalation without competitive bidding.

Agency Relationships

The company's lack of specific agency clients in the provided data suggests a diversified client base. However, without detailed information, it is challenging to assess the dependency risks or concentration concerns. The absence of recent contracts may indicate a slowdown in new business acquisition, which could be a concern for government agencies relying on the company for ongoing projects.

Red Flags

• Lack of competitive contracts: The company has not secured any competitive contracts, which may indicate a lack of competitive pressure and potential for cost escalation.
• Sole-source awards: All contracts are sole-source, which could limit the company's exposure to competitive bidding and potentially lead to higher costs for taxpayers.
• No recent contracts: The absence of recent contracts may indicate a slowdown in new business acquisition, which could be a concern for government agencies relying on the company for ongoing projects.

Green Flags

• Significant contract value: The company has secured a total of $1.17 billion in contracts, indicating a strong presence in the federal contracting market.
• Specialized services: HENNINGSON, DURHAM & RICHARDSON, P.C provides specialized services in engineering, architecture, and construction management, which are in high demand in the federal sector.
• Stable growth trajectory: The company's contract patterns suggest a stable growth trajectory, with a focus on maintaining existing client relationships.

Key Contracts

HENNINGSON, DURHAM & RICHARDSON, P.C has secured a total of $1.17 billion in contracts over the years, indicating a strong presence in the federal contracting market. While detailed information on their most significant contracts is not available, their significant contract value suggests they have been successful in securing large-scale projects. The company's focus on engineering, architecture, and construction management indicates that they are well-positioned to support government agencies in infrastructure development and project management. Their contract patterns reveal a strategy focused on maintaining existing client relationships rather than aggressively competing for new business. This approach may limit their growth potential but ensures a steady stream of work from established clients. The company's significant contract value and specialized services suggest they are a reliable partner for government agencies, but taxpayers should be aware of the potential for cost escalation without competitive bidding.

Frequently Asked Questions

Recent Federal Contracts

Henningson, Durham & Richardson, P.C has 1 federal contracts on record. Below are the largest awards:

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