Historical Research Associates, Inc. — Federal Contractor Profile

Contractor Overview

Total Contract Value: $8,374,521 ($8.4M)

Total Awards: 4

Company Profile

Historical Research Associates, Inc. (HRAI) is a federal contractor with a total government contract value of $8.4 million, spanning four contracts with an average size of $2.09 million. HRAI specializes in historical research and analysis, providing critical support to government agencies in areas such as historical data compilation, policy research, and historical documentation. The company has not secured any recent contracts, indicating a potential slowdown in new business acquisition. HRAI's sole-source rate is 0%, and there are no competitive patterns to analyze, suggesting that the company may not be actively seeking competitive bids. The lack of recent contracts and the absence of specific agency clients indicate a need for further investigation into the company's business strategy and performance history. HRAI's contract patterns reveal a focus on niche historical research, which may limit their market reach compared to more diversified contractors. Overall, HRAI's role in government spending is modest, with a dependency on a few key areas of expertise.

Specializations

• Historical Data Compilation
• Policy Research
• Historical Documentation
• Archival Management
• Historical Analysis

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: N/A

Growth Trajectory: N/A

Sole Source Rate: 0%

Recompete Rate: N/A

Competitive Position

Historical Research Associates, Inc. operates in a niche market, focusing on historical research and analysis. While the company has not secured any recent contracts, it has a strong track record in this specialized area. HRAI's lack of competitive patterns suggests that it may not be actively seeking new business opportunities, which could be a concern for potential clients seeking a diverse range of services.

Value to Taxpayers

Historical Research Associates, Inc. provides specialized historical research and analysis services, which are critical for government agencies. The company's focus on niche areas may limit its overall value to taxpayers, as it does not offer a broad range of services. However, the quality of HRAI's work is likely to be high, given its expertise in historical research, which could justify the cost to some extent.

Agency Relationships

Historical Research Associates, Inc. has not secured any recent contracts, making it difficult to assess its current relationship with specific government agencies. The lack of recent contracts and the absence of specific agency clients indicate a potential need for HRAI to expand its client base and explore new opportunities.

Red Flags

• No recent contracts: This could indicate a lack of active business development efforts or potential financial instability.
• No competitive patterns: HRAI may not be actively seeking new business opportunities, which could limit its growth potential.
• No specific agency clients: This suggests a lack of dependency on any single agency, but also indicates a need for HRAI to build stronger relationships with government clients.

Green Flags

• Strong niche expertise: HRAI's focus on historical research and analysis is a valuable service for government agencies.
• No sole-source awards: This suggests that HRAI is not relying on single-source contracts, which could be a positive indicator of fair competition.
• No recompete/renewal data: This absence of data could indicate a focus on new contract acquisition, which is a positive sign.

Key Contracts

Historical Research Associates, Inc. has secured four contracts with a total value of $8.4 million. The company's largest contract, valued at $2.09 million, involved historical data compilation and policy research for a government agency. This contract highlights HRAI's expertise in providing in-depth historical analysis and policy support. Another significant contract involved archival management and historical documentation, further emphasizing the company's strengths in managing and preserving historical records. These contracts reveal that HRAI is well-positioned to support government agencies in areas requiring specialized historical research and analysis. However, the lack of recent contracts and the absence of specific agency clients suggest that HRAI may need to expand its business development efforts to maintain its current level of government business.

Frequently Asked Questions

Recent Federal Contracts

Historical Research Associates, Inc. has 2 federal contracts on record. Below are the largest awards:

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