IAP Worldwide Services, Inc — Federal Contractor Profile
IAP Worldwide Services, Inc. Secures $74.88 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $74,881,962,448 ($74.9B)
Total Awards: 331
Company Profile
IAP Worldwide Services, Inc. is a significant player in the federal contracting landscape, with a total contract value of $74.88 billion over 331 contracts. The company specializes in providing a wide range of services, including mission support, logistics, and information technology solutions. IAP's core capabilities include workforce management, security services, and facility management. The company has a diverse portfolio of clients, but the specific agencies it serves are not detailed in the available data. IAP's contract patterns reveal a stable and expanding business strategy, with a focus on long-term renewals and recompetes. The company's track record includes notable projects such as the management of correctional facilities and the provision of IT services. IAP's performance history is generally positive, with a strong track record of competitive wins and consistent contract renewals. However, the lack of recent contracts and the absence of sole-source awards suggest a reliance on established relationships rather than aggressive competitive bidding. IAP's business strategy appears to be centered on maintaining long-term contracts with a diverse set of federal agencies, which provides stability but may limit growth opportunities. Compared to industry peers, IAP is a dominant player in the workforce management and correctional facility management sectors, but faces competition from other large contractors in other areas. The company's outlook is positive, with a focus on maintaining and expanding its existing client base.
Specializations
- Workforce Management
- Correctional Facility Management
- Information Technology Services
- Facility Management
- Security Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 97.03%
Agency Concentration: moderate
Growth Trajectory: expanding
Sole Source Rate: 0.00%
Recompete Rate: 98.48%
Competitive Position
IAP Worldwide Services, Inc. is a dominant player in the federal contracting market, particularly in the areas of workforce management and correctional facility management. The company's strong performance in maintaining long-term contracts and its consistent competitive wins indicate a robust market position. However, the lack of sole-source awards suggests that IAP relies more on established relationships than on aggressive competitive bidding, which may limit its ability to secure new contracts.
Value to Taxpayers
IAP Worldwide Services, Inc. provides good value for taxpayer money, given its consistent performance and competitive history. The company's large contract sizes and diverse portfolio of services suggest that it is well-positioned to deliver high-quality solutions. However, the absence of recent contracts and the lack of sole-source awards indicate that the company may be facing challenges in securing new business, which could impact its ability to maintain its current level of performance and innovation.
Agency Relationships
IAP Worldwide Services, Inc. has a diverse client base across multiple federal agencies, but the specific agencies it serves are not detailed in the available data. The company's reliance on long-term contracts with established clients suggests a moderate level of agency concentration, which may pose some risk if any of these clients were to reduce their reliance on IAP. However, the company's strong performance history and consistent contract renewals suggest that it is well-regarded by its clients.
Red Flags
- Lack of recent contracts: The absence of recent contracts may indicate that IAP is facing challenges in securing new business.
- No sole-source awards: The company's reliance on competitive bidding suggests that it may be facing challenges in securing new contracts through other means.
- Moderate agency concentration: The company's reliance on a diverse set of clients may pose some risk if any of these clients were to reduce their reliance on IAP.
Green Flags
- Strong performance history: IAP's consistent contract renewals and positive performance history suggest that it is well-regarded by its clients.
- Diverse portfolio of services: The company's diverse portfolio of services, including workforce management, IT services, and facility management, suggests that it is well-positioned to deliver a wide range of solutions.
- Consistent competitive wins: IAP's strong performance in competitive bidding suggests that it is well-positioned to secure new contracts.
Key Contracts
IAP Worldwide Services, Inc. has secured several significant contracts, including the management of correctional facilities and the provision of IT services. These contracts reveal the company's capabilities in providing mission-critical services and its ability to deliver high-quality solutions. For example, the company's management of correctional facilities demonstrates its expertise in workforce management and security services, while its IT services contracts showcase its ability to provide advanced technology solutions. These contracts also reveal the company's strategic direction, with a focus on maintaining long-term contracts and expanding its client base. The company's track record of successful contract renewals and its consistent performance suggest that it is well-positioned to continue delivering high-quality solutions to its clients.
Frequently Asked Questions
What does IAP WORLDWIDE SERVICES, INC do for the federal government?
IAP Worldwide Services, Inc. provides a wide range of services to the federal government, including workforce management, correctional facility management, information technology services, and facility management. The company specializes in providing mission-critical services and has a diverse portfolio of clients across multiple federal agencies.
How much taxpayer money does IAP WORLDWIDE SERVICES, INC receive?
IAP Worldwide Services, Inc. has secured a total of $74.88 billion in federal contracts over 331 contracts. The company's average contract size is $226,229,494, indicating a significant investment of taxpayer money in its services.
Is IAP WORLDWIDE SERVICES, INC good value for taxpayer money?
IAP Worldwide Services, Inc. provides good value for taxpayer money, given its consistent performance and competitive history. The company's large contract sizes and diverse portfolio of services suggest that it is well-positioned to deliver high-quality solutions. However, the absence of recent contracts and the lack of sole-source awards indicate that the company may be facing challenges in securing new business, which could impact its ability to maintain its current level of performance and innovation.
How does IAP WORLDWIDE SERVICES, INC win its contracts?
IAP Worldwide Services, Inc. primarily wins its contracts through competitive bidding. The company has a strong track record of competitive wins, with a 97.03% competitive win rate. However, the lack of sole-source awards suggests that the company may be facing challenges in securing new contracts through other means.
What agencies use IAP WORLDWIDE SERVICES, INC most?
IAP Worldwide Services, Inc. has a diverse client base across multiple federal agencies, but the specific agencies it serves are not detailed in the available data. The company's reliance on long-term contracts with established clients suggests a moderate level of agency concentration, which may pose some risk if any of these clients were to reduce their reliance on IAP.
What are the risks of relying on IAP WORLDWIDE SERVICES, INC?
The risks of relying on IAP Worldwide Services, Inc. include the lack of recent contracts, which may indicate challenges in securing new business, and the absence of sole-source awards, which suggests a reliance on established relationships rather than aggressive competitive bidding. The company's moderate agency concentration may also pose some risk if any of its key clients were to reduce their reliance on IAP.
How does IAP WORLDWIDE SERVICES, INC compare to similar contractors?
IAP Worldwide Services, Inc. is a dominant player in the workforce management and correctional facility management sectors, but faces competition from other large contractors in other areas. The company's strong performance in maintaining long-term contracts and its consistent competitive wins indicate a robust market position. However, the lack of sole-source awards suggests that IAP may be facing challenges in securing new contracts through other means.
Recent Federal Contracts
IAP Worldwide Services, Inc has over 25 federal contracts on record. Below are the largest awards: