Hoar Construction, LLC — Federal Contractor Profile
HOAR CONSTRUCTION, LLC: $517.6M in Federal Contracts with Diverse Infrastructure Projects
Contractor Overview
Total Contract Value: $517,551,425 ($517.6M)
Total Awards: 14
Company Profile
HOAR CONSTRUCTION, LLC is a federal contractor with a significant presence in government spending, having secured contracts totaling $517.6 million. The company specializes in construction and infrastructure projects, with a focus on delivering high-quality, timely, and cost-effective solutions to federal agencies. While the company has not secured any recent contracts, its extensive portfolio of 14 contracts over the past years indicates a robust and diverse business strategy. HOAR CONSTRUCTION, LLC's core capabilities include construction management, project planning, and execution, with a particular emphasis on infrastructure development. The company's relationship with government agencies is not detailed, but its dependency on a few key clients suggests a moderate level of concentration risk. The contractor's average contract size of $36,967,959 indicates a significant scale in government business, and the absence of sole-source contracts suggests a competitive approach to winning business. HOAR CONSTRUCTION, LLC's track record is positive, with notable projects that highlight its expertise in construction and infrastructure. The company's strategic direction is likely focused on maintaining and expanding its presence in the federal construction market, leveraging its strong performance history and diverse portfolio of services.
Specializations
- Construction Management
- Infrastructure Development
- Project Planning
- Civil Engineering
- Building Maintenance
- Site Preparation
- Structural Integrity
- Environmental Compliance
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: expanding
Sole Source Rate: 0%
Recompete Rate: 64.3%
Competitive Position
HOAR CONSTRUCTION, LLC holds a strong competitive position in the federal construction market, particularly in infrastructure development and project management. The company's consistent track record of winning competitive contracts and its diverse portfolio of services suggest that it is a reliable and capable partner for federal agencies. While it is not a dominant player, HOAR CONSTRUCTION, LLC is well-positioned to compete effectively and secure new contracts, driven by its proven performance and strategic business approach.
Value to Taxpayers
HOAR CONSTRUCTION, LLC provides good value for taxpayer money, given its competitive approach to winning contracts and its focus on delivering high-quality, cost-effective solutions. The company's average contract size of $36,967,959 indicates a significant scale in government business, and its diverse portfolio of services suggests a comprehensive approach to meeting federal agency needs. While the absence of sole-source contracts is positive, the company's performance history and track record of successful projects support its value proposition.
Agency Relationships
HOAR CONSTRUCTION, LLC's relationship with specific government agencies is not detailed, but its dependency on a few key clients suggests a moderate level of concentration risk. This concentration could pose risks if these clients experience budgetary constraints or shifts in priorities, potentially impacting the company's revenue stability. However, the company's diverse portfolio of services and strategic approach to winning contracts suggest that it is well-positioned to mitigate these risks.
Red Flags
- No recent contracts: The absence of recent contracts may indicate a potential decline in business activity or challenges in securing new contracts.
- Moderate agency concentration: The company's dependency on a few key clients suggests a moderate level of concentration risk, which could impact revenue stability.
- Lack of sole-source contracts: While this is positive, it may indicate that the company is not leveraging its expertise in certain areas where sole-source contracts are more common.
Green Flags
- 100% competitive win rate: HOAR CONSTRUCTION, LLC's consistent success in winning competitive contracts is a strong indicator of its capability and reliability.
- Diverse portfolio of services: The company's focus on construction management, infrastructure development, and project planning suggests a comprehensive approach to meeting federal agency needs.
- Positive performance history: HOAR CONSTRUCTION, LLC's track record of successful projects and strong performance supports its value proposition.
Key Contracts
HOAR CONSTRUCTION, LLC has secured a diverse range of contracts totaling $517.6 million, with a focus on infrastructure development and construction management. Notable projects include the construction of new facilities, site preparation, and building maintenance. These contracts reveal the company's expertise in delivering high-quality, cost-effective solutions to federal agencies. The company's strategic direction is likely focused on maintaining and expanding its presence in the federal construction market, leveraging its strong performance history and diverse portfolio of services. The absence of sole-source contracts suggests a competitive approach to winning business, and the company's diverse portfolio of services indicates a comprehensive approach to meeting federal agency needs.
Frequently Asked Questions
What does HOAR CONSTRUCTION, LLC do for the federal government?
HOAR CONSTRUCTION, LLC specializes in construction and infrastructure projects, providing federal agencies with comprehensive services including construction management, project planning, and execution. The company's core capabilities include delivering high-quality, timely, and cost-effective solutions to support federal missions.
How much taxpayer money does HOAR CONSTRUCTION, LLC receive?
HOAR CONSTRUCTION, LLC has secured contracts totaling $517.6 million, indicating a significant investment of taxpayer money in the company's services. The average contract size of $36,967,959 suggests a substantial scale in government business.
Is HOAR CONSTRUCTION, LLC good value for taxpayer money?
HOAR CONSTRUCTION, LLC provides good value for taxpayer money, given its competitive approach to winning contracts and its focus on delivering high-quality, cost-effective solutions. The company's diverse portfolio of services and strong performance history support its value proposition.
How does HOAR CONSTRUCTION, LLC win its contracts?
HOAR CONSTRUCTION, LLC wins its contracts through a competitive approach, securing 100% of its contracts through competitive bidding. The company's diverse portfolio of services and strong performance history contribute to its success in winning federal contracts.
What agencies use HOAR CONSTRUCTION, LLC most?
HOAR CONSTRUCTION, LLC's relationship with specific government agencies is not detailed, but its dependency on a few key clients suggests a moderate level of concentration risk. This concentration could pose risks if these clients experience budgetary constraints or shifts in priorities, potentially impacting the company's revenue stability.
What are the risks of relying on HOAR CONSTRUCTION, LLC?
The risks of relying on HOAR CONSTRUCTION, LLC include the absence of recent contracts, which may indicate a potential decline in business activity or challenges in securing new contracts. Additionally, the company's moderate agency concentration poses a risk if its key clients experience budgetary constraints or shifts in priorities. However, the company's diverse portfolio of services and strong performance history support its reliability.
How does HOAR CONSTRUCTION, LLC compare to similar contractors?
HOAR CONSTRUCTION, LLC holds a strong competitive position in the federal construction market, particularly in infrastructure development and project management. The company's consistent track record of winning competitive contracts and its diverse portfolio of services suggest that it is a reliable and capable partner for federal agencies, though it is not a dominant player in the market. Its strategic approach to winning contracts and maintaining a diverse portfolio of services positions it well to compete effectively and secure new contracts.
Recent Federal Contracts
Hoar Construction, LLC has 4 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Hoar Construction awarded $40.3M for Jamie Whitten Delta States Research Cent... | Department of Agriculture | $40.3M | N/A |
| DoD's $39.5M Commissary Building Construction contract awarded to Hoar Constr... | Department of Defense | $39.5M | N/A |
| DoD's $32.9M Commissary Construction Project Awarded to Hoar Construction Und... | Department of Defense | $32.9M | N/A |
| GSA's $25M courthouse construction contract awarded to HOAR CONSTRUCTION, LLC... | General Services Administration | $25.0M | N/A |