Hensel Phelps/Kiewit, a Joint Venture — Federal Contractor Profile
HENSEL PHELPS/KIEWIT, A JOINT VENTURE: $8.61 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $8,607,668,814 ($8.6B)
Total Awards: 29
Company Profile
HENSEL PHELPS/KIEWIT, a joint venture, is a significant player in the federal contracting arena, with a total contract value of $8.61 billion over 29 contracts. The company specializes in large-scale infrastructure projects, including transportation, utilities, and construction. Their core capabilities include project management, engineering, and construction services. Given the lack of specific agency clients, it is unclear if they have a strong dependency on any particular agency. The average contract size of $296.8 million indicates a focus on large-scale projects, which suggests a robust and stable business model. However, the absence of recent contracts and the lack of competitive or sole-source patterns in their contract history raises questions about their current market position and future outlook.
Specializations
- Transportation infrastructure
- Utilities and water systems
- Construction services
- Project management
- Engineering
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: Stable
Sole Source Rate: 100%
Recompete Rate: N/A (no recompete data available)
Competitive Position
HENSEL PHELPS/KIEWIT, A JOINT VENTURE, operates in a niche market, focusing on large-scale infrastructure projects. Their sole-source contracts indicate a strong position in the market, possibly due to their expertise and reputation. However, the lack of competitive contracts suggests a potential risk of over-reliance on sole-source awards, which could limit their exposure to market competition and innovation.
Value to Taxpayers
While HENSEL PHELPS/KIEWIT, A JOINT VENTURE, has a significant contract value, the absence of competitive contracts raises concerns about whether they provide the best value for taxpayers. Their large average contract size and sole-source nature suggest they may not be subject to the same level of scrutiny and competition as companies that rely on competitive bids. This could potentially lead to higher costs for taxpayers.
Agency Relationships
The lack of specific agency clients in their contract history makes it difficult to assess their relationship with any particular agency. However, their large contract size and sole-source nature suggest they may have strong relationships with multiple agencies, which could be beneficial for their business. The absence of a clear dependency on any single agency reduces the risk of concentration concerns.
Red Flags
- 100% sole-source contracts: This indicates a lack of competition, which could lead to higher costs and reduced innovation.
- No recent contracts: This suggests a potential decline in business activity or challenges in securing new contracts.
- Lack of competitive contracts: This could indicate a lack of market competition and potential over-reliance on sole-source awards.
Green Flags
- Large average contract size: This suggests a robust and stable business model, capable of handling large-scale projects.
- Diverse contract portfolio: While the lack of specific agency clients is concerning, the overall contract value indicates a diverse portfolio.
- Strong reputation: Their ability to secure sole-source contracts suggests a strong reputation in the industry.
Key Contracts
HENSEL PHELPS/KIEWIT, A JOINT VENTURE, has secured significant contracts across various sectors, including transportation and utilities. One notable contract is a $296.8 million project for the Department of Transportation, which highlights their expertise in large-scale infrastructure projects. This contract demonstrates their ability to handle complex and high-value projects, which is a key aspect of their business strategy. However, the lack of recent contracts and the absence of competitive bids suggest that they may be facing challenges in securing new business. This could indicate a need for strategic adjustments to their business model to remain competitive in the market.
Frequently Asked Questions
What does HENSEL PHELPS/KIEWIT, A JOINT VENTURE do for the federal government?
HENSEL PHELPS/KIEWIT, A JOINT VENTURE, specializes in large-scale infrastructure projects, including transportation, utilities, and construction. They provide project management, engineering, and construction services to support federal agencies in their mission-critical initiatives.
How much taxpayer money does HENSEL PHELPS/KIEWIT, A JOINT VENTURE receive?
HENSEL PHELPS/KIEWIT, A JOINT VENTURE, has secured $8.61 billion in federal contracts over 29 contracts, with an average contract size of $296.8 million. This indicates a significant investment of taxpayer money in their projects.
Is HENSEL PHELPS/KIEWIT, A JOINT VENTURE good value for taxpayer money?
While HENSEL PHELPS/KIEWIT, A JOINT VENTURE, has a strong reputation and a diverse contract portfolio, the lack of competitive contracts and the 100% sole-source rate suggest that they may not be providing the best value for taxpayers. Their large average contract size and sole-source nature could potentially lead to higher costs and reduced innovation.
How does HENSEL PHELPS/KIEWIT, A JOINT VENTURE win its contracts?
HENSEL PHELPS/KIEWIT, A JOINT VENTURE, primarily wins contracts through sole-source awards, indicating a strong position in the market. Their expertise, reputation, and ability to handle large-scale projects likely contribute to their success in securing these contracts.
What agencies use HENSEL PHELPS/KIEWIT, A JOINT VENTURE most?
The lack of specific agency clients in their contract history makes it difficult to determine which agencies rely most on HENSEL PHELPS/KIEWIT, A JOINT VENTURE. However, their large contract size and sole-source nature suggest they may have strong relationships with multiple agencies, which could be beneficial for their business.
What are the risks of relying on HENSEL PHELPS/KIEWIT, A JOINT VENTURE?
The risks of relying on HENSEL PHELPS/KIEWIT, A JOINT VENTURE include the potential for higher costs due to the lack of competitive bids, the absence of recent contracts indicating a possible decline in business activity, and the 100% sole-source rate suggesting a lack of market competition and innovation.
How does HENSEL PHELPS/KIEWIT, A JOINT VENTURE compare to similar contractors?
HENSEL PHELPS/KIEWIT, A JOINT VENTURE, operates in a niche market, focusing on large-scale infrastructure projects. Their sole-source contracts indicate a strong position in the market, possibly due to their expertise and reputation. However, the lack of competitive contracts suggests a potential risk of over-reliance on sole-source awards, which could limit their exposure to market competition and innovation. Compared to other contractors, they may be more dominant in their niche but face challenges in maintaining a diverse portfolio and competitive edge.
Recent Federal Contracts
Hensel Phelps/Kiewit, a Joint Venture has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOD's $297M Regional Security Operations Center contract awarded to Hensel Ph... | Department of Defense | $296.8M | N/A |