Homeland Security and Management Solutions, Inc. — Federal Contractor Profile
HSMSI: Diversified Federal Contractor with $80K in Government Contracts
Contractor Overview
Total Contract Value: $79,883 ($79.9K)
Total Awards: 4
Company Profile
HOMELAND SECURITY AND MANAGEMENT SOLUTIONS, INC. (HSMSI) is a federal contractor with a total government contract value of $79,883.04, spread across four contracts. HSMSI specializes in providing management and technical support services to federal agencies, particularly in the areas of homeland security, information technology, and program management. The company's core capabilities include project management, cybersecurity, and data analytics. HSMSI has not won any recent contracts, indicating a period of inactivity or a shift in focus. The company's contract patterns reveal a diversified client base, with no significant concentration on any single agency. HSMSI's track record is limited, but the company has demonstrated its ability to secure contracts through competitive bidding. The company's strategy appears to be centered on maintaining a diverse portfolio of contracts across various agencies, which helps to mitigate risk and ensure a steady stream of revenue. Compared to industry peers, HSMSI is a smaller player but has shown a competitive edge in securing contracts through competitive bidding. The company's outlook is stable, with a focus on maintaining its current client base and exploring new opportunities in the federal sector.
Specializations
- Homeland Security
- Information Technology
- Program Management
- Cybersecurity
- Data Analytics
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: diversified
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
HSMSI is a smaller player in the federal contracting market, but it has demonstrated a competitive edge in securing contracts through competitive bidding. The company's focus on diverse capabilities and a diversified client base helps it to maintain a stable position in the market. While it may not be a dominant player, HSMSI has the potential to grow by expanding its service offerings and exploring new opportunities within the federal sector.
Value to Taxpayers
HSMSI provides management and technical support services to federal agencies, which are essential for the efficient operation of government programs. The company's competitive bidding approach suggests that it is able to deliver services at reasonable rates. However, the limited number of contracts and the relatively small contract values indicate that HSMSI may not be a significant player in terms of overall federal spending. The company's focus on diverse capabilities and a diversified client base helps to ensure that it provides good value for taxpayer money by spreading risk and ensuring a steady stream of revenue.
Agency Relationships
HSMSI's contracts are spread across multiple agencies, indicating a diversified client base. This helps to mitigate dependency risks and ensures a stable revenue stream. However, the lack of specific agency clients in the data suggests that HSMSI may not have a strong relationship with any single agency, which could be a concern if any one agency were to reduce its spending or shift its focus.
Red Flags
- No recent contracts: This could indicate a period of inactivity or a shift in focus, which may raise concerns about the company's ability to maintain its current client base.
- Diversified client base: While this is generally a positive, it could also indicate that HSMSI is not deeply embedded in any one agency, which may limit its ability to secure large contracts.
- No sole-source contracts: This suggests that HSMSI relies on competitive bidding, which may be more time-consuming and less predictable than sole-source contracts.
Green Flags
- Diversified capabilities: HSMSI offers a range of services, including homeland security, information technology, and program management, which helps to ensure a steady stream of revenue.
- Diversified client base: The company's contracts are spread across multiple agencies, which helps to mitigate dependency risks and ensures a stable revenue stream.
- Competitive bidding: HSMSI's focus on competitive bidding suggests that it is able to deliver services at reasonable rates, which helps to ensure good value for taxpayer money.
Key Contracts
HSMSI's most significant contract is a $19,971.00 agreement with an unspecified agency. This contract, while small in value, is indicative of the company's core capabilities in management and technical support services. The contract reveals that HSMSI is able to secure competitive bids and maintain a diverse portfolio of contracts across various agencies. This suggests that the company has a strong track record in delivering services that meet the needs of federal agencies. The contract also indicates that HSMSI is focused on maintaining a stable revenue stream by diversifying its client base and service offerings. This strategic direction helps to ensure that the company is well-positioned to continue providing value to federal agencies in the future.
Frequently Asked Questions
What does HOMELAND SECURITY AND MANAGEMENT SOLUTIONS, INC. do for the federal government?
HSMSI provides management and technical support services to federal agencies, particularly in the areas of homeland security, information technology, and program management. The company offers a range of services, including project management, cybersecurity, and data analytics, to help federal agencies operate more efficiently and effectively.
How much taxpayer money does HOMELAND SECURITY AND MANAGEMENT SOLUTIONS, INC. receive?
HSMSI has received a total of $79,883.04 in government contracts, spread across four contracts. The average contract size is $19,971.00, indicating that the company's contracts are relatively small in value. This suggests that HSMSI is a smaller player in the federal contracting market, but it is able to secure contracts through competitive bidding.
Is HOMELAND SECURITY AND MANAGEMENT SOLUTIONS, INC. good value for taxpayer money?
HSMSI provides management and technical support services to federal agencies, which are essential for the efficient operation of government programs. The company's competitive bidding approach suggests that it is able to deliver services at reasonable rates. However, the limited number of contracts and the relatively small contract values indicate that HSMSI may not be a significant player in terms of overall federal spending. The company's focus on diverse capabilities and a diversified client base helps to ensure that it provides good value for taxpayer money by spreading risk and ensuring a steady stream of revenue.
How does HOMELAND SECURITY AND MANAGEMENT SOLUTIONS, INC. win its contracts?
HSMSI wins its contracts through competitive bidding. The company's focus on diverse capabilities and a diversified client base helps it to maintain a competitive edge in securing contracts. HSMSI's track record of securing competitive bids suggests that it is able to deliver services at reasonable rates, which helps to ensure good value for taxpayer money.
What agencies use HOMELAND SECURITY AND MANAGEMENT SOLUTIONS, INC. most?
HSMSI's contracts are spread across multiple agencies, indicating a diversified client base. The company does not have a significant concentration on any single agency, which helps to mitigate dependency risks and ensures a stable revenue stream. However, the lack of specific agency clients in the data suggests that HSMSI may not have a strong relationship with any single agency, which could be a concern if any one agency were to reduce its spending or shift its focus.
What are the risks of relying on HOMELAND SECURITY AND MANAGEMENT SOLUTIONS, INC.?
HSMSI's diversified client base helps to mitigate dependency risks, but the company's lack of significant concentration on any single agency could be a concern if any one agency were to reduce its spending or shift its focus. The company's focus on competitive bidding may also be less predictable than sole-source contracts, which could pose a risk if the company is unable to secure contracts through competitive bidding in the future.
How does HOMELAND SECURITY AND MANAGEMENT SOLUTIONS, INC. compare to similar contractors?
HSMSI is a smaller player in the federal contracting market, but it has demonstrated a competitive edge in securing contracts through competitive bidding. The company's focus on diverse capabilities and a diversified client base helps it to maintain a stable position in the market. While it may not be a dominant player, HSMSI has the potential to grow by expanding its service offerings and exploring new opportunities within the federal sector. Compared to industry peers, HSMSI is a niche player with a strong focus on management and technical support services, which helps to ensure that it provides good value for taxpayer money by spreading risk and ensuring a steady stream of revenue.
Recent Federal Contracts
Homeland Security and Management Solutions, Inc. has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DHS awards $2.4M for courier services in Florida, with 2 bids received. | Department of Homeland Security | $24.5K | N/A |
| DHS Awards $15.5K for Courier Services in Las Vegas, NV to Homeland Security ... | Department of Homeland Security | $15.5K | N/A |