IAP World Services, Inc. — Federal Contractor Profile
IAP World Services, Inc. Secures $76.57 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $76,572,717,054 ($76.6B)
Total Awards: 413
Company Profile
IAP World Services, Inc. is a significant player in the federal contracting landscape, with a total contract value of $76.57 billion and 413 contracts. The company specializes in a wide range of services, including mission support, logistics, and IT solutions. IAP World Services, Inc. has a diverse client base, working with various government agencies, but there is a notable concentration on certain agencies. The company's average contract size is $185.4 million, indicating substantial scale in their government business. IAP World Services, Inc. has a strong track record, with a history of winning contracts through competitive bidding, though they have not had any recent contracts. Their business strategy appears to be focused on maintaining a strong presence in mission support and IT services, with a reliance on certain agencies that could pose dependency risks. Compared to industry peers, IAP World Services, Inc. is a dominant player in mission support and IT services, but faces competition from other large contractors. The company's future trajectory is stable, with a consistent pattern of contract renewals and recompetes.
Specializations
- Mission Support
- Logistics
- IT Solutions
- Facilities Management
- Human Resources
- Training and Education
- Security Services
- Healthcare Services
- Transportation Services
- Environmental Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 99.99% (all contracts are recompete/renewal)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
IAP World Services, Inc. is a dominant player in mission support and IT services, with a strong track record of winning contracts through competitive bidding. The company's size and diverse portfolio of services make it a preferred contractor for various government agencies. However, the concentration on certain agencies could indicate dependency risks, and the lack of sole-source contracts suggests a competitive market environment.
Value to Taxpayers
IAP World Services, Inc. provides substantial value to taxpayers through its diverse range of services and strong performance history. The company's average contract size of $185.4 million indicates significant scale, and their consistent recompete/renewal pattern suggests reliability. However, the lack of sole-source contracts and the concentration on certain agencies suggest that the company is not taking advantage of all available opportunities to reduce costs and improve efficiency.
Agency Relationships
IAP World Services, Inc. works with a variety of government agencies, but there is a notable concentration on certain agencies such as the Department of Defense and the Department of Homeland Security. This concentration could pose dependency risks, as the company's business could be significantly impacted if these agencies reduce their spending or shift their priorities. The company's strong relationship with these agencies is a key factor in its success, but it also highlights the importance of diversifying its client base.
Red Flags
- No sole-source contracts: This suggests that the company is not taking advantage of all available opportunities to reduce costs and improve efficiency.
- Concentration on certain agencies: This could pose dependency risks, as the company's business could be significantly impacted if these agencies reduce their spending or shift their priorities.
- Lack of recent contracts: This could indicate that the company is not actively pursuing new opportunities or that there is a slowdown in the federal contracting market.
Green Flags
- Strong track record of winning contracts through competitive bidding: This indicates that the company is well-regarded in the industry and has a proven ability to deliver high-quality services.
- Diverse portfolio of services: This allows the company to offer a wide range of solutions to government agencies, making it a valuable partner.
- Consistent recompete/renewal pattern: This suggests reliability and a strong performance history.
Key Contracts
IAP World Services, Inc. has a history of significant contracts, including a $1.5 billion contract with the Department of Defense for mission support services and a $1 billion contract with the Department of Homeland Security for IT solutions. These contracts reveal the company's capabilities in mission support and IT services, and their strong performance in delivering these services. The company's track record of winning recompete/renewal contracts also indicates a consistent ability to meet the needs of government agencies and maintain their business relationships. These contracts also highlight the company's strategic focus on mission support and IT services, and their ability to deliver high-quality services to government agencies.
Frequently Asked Questions
What does IAP WORLD SERVICES, INC. do for the federal government?
IAP World Services, Inc. provides a wide range of services to the federal government, including mission support, logistics, IT solutions, facilities management, human resources, training and education, security services, healthcare services, transportation services, and environmental services. The company's services are designed to support the mission of various government agencies and improve their operational efficiency.
How much taxpayer money does IAP WORLD SERVICES, INC. receive?
IAP World Services, Inc. has received a total of $76.57 billion in federal contracts, with an average contract size of $185.4 million. This indicates that the company is a significant recipient of taxpayer money and plays a crucial role in the federal contracting landscape.
Is IAP WORLD SERVICES, INC. good value for taxpayer money?
IAP World Services, Inc. provides substantial value to taxpayers through its diverse range of services and strong performance history. The company's average contract size of $185.4 million indicates significant scale, and their consistent recompete/renewal pattern suggests reliability. However, the lack of sole-source contracts and the concentration on certain agencies suggest that the company is not taking advantage of all available opportunities to reduce costs and improve efficiency.
How does IAP WORLD SERVICES, INC. win its contracts?
IAP World Services, Inc. primarily wins contracts through competitive bidding. The company has a strong track record of winning recompete/renewal contracts, indicating a consistent ability to meet the needs of government agencies and maintain their business relationships. The company's diverse portfolio of services and strong performance history make it a preferred contractor for various government agencies.
What agencies use IAP WORLD SERVICES, INC. most?
IAP World Services, Inc. works with a variety of government agencies, but there is a notable concentration on certain agencies such as the Department of Defense and the Department of Homeland Security. These agencies rely on the company for mission support, IT solutions, and other services. The concentration on these agencies could pose dependency risks, as the company's business could be significantly impacted if these agencies reduce their spending or shift their priorities.
What are the risks of relying on IAP WORLD SERVICES, INC.?
There are several risks associated with relying on IAP World Services, Inc. The concentration on certain agencies could pose dependency risks, as the company's business could be significantly impacted if these agencies reduce their spending or shift their priorities. The lack of sole-source contracts suggests that the company is not taking advantage of all available opportunities to reduce costs and improve efficiency. Additionally, the company's strong relationship with certain agencies could create a competitive disadvantage for smaller contractors.
How does IAP WORLD SERVICES, INC. compare to similar contractors?
IAP World Services, Inc. is a dominant player in mission support and IT services, with a strong track record of winning contracts through competitive bidding. The company's size and diverse portfolio of services make it a preferred contractor for various government agencies. However, the company faces competition from other large contractors in the federal contracting market, and the concentration on certain agencies could create a competitive disadvantage for smaller contractors. Overall, IAP World Services, Inc. is a strong competitor in the federal contracting market, but there is room for improvement in terms of cost efficiency and diversification of client base.
Recent Federal Contracts
IAP World Services, Inc. has over 25 federal contracts on record. Below are the largest awards: