IHS Global Inc — Federal Contractor Profile
IHS GLOBAL INC: $216.5M in Federal Contracts with Diverse Client Base
Contractor Overview
Total Contract Value: $216,502,446 ($216.5M)
Total Awards: 12
Company Profile
IHS GLOBAL INC is a significant player in the federal contracting landscape, with a total contract value of $216.5 million over 12 contracts. The company specializes in a range of services, including data analytics, market research, and consulting. Their core capabilities include providing critical support to various government agencies in areas such as defense, energy, and transportation. Notably, IHS GLOBAL INC has not won any competitive contracts in recent years, indicating a reliance on sole-source contracts. This suggests a strategic focus on maintaining existing relationships rather than pursuing new business through competitive bidding. The company's track record includes several high-profile projects, such as supporting the Department of Defense in strategic planning and providing market research for the Department of Energy. These projects highlight IHS GLOBAL INC's expertise and the value they bring to government operations. The contract patterns reveal a diversified client base, with no single agency accounting for a majority of their business. This suggests a balanced approach to risk management and a strategic focus on maintaining a wide range of relationships. Compared to industry peers, IHS GLOBAL INC holds a strong position in niche areas, particularly in data analytics and market research, but faces competition from larger, more diversified contractors. The company's outlook is stable, with a focus on maintaining existing contracts and exploring new opportunities in emerging sectors.
Specializations
- Data Analytics
- Market Research
- Consulting
- Defense Support
- Energy Sector Analysis
- Transportation Planning
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
IHS GLOBAL INC holds a strong position in niche areas, particularly in data analytics and market research. They are a reliable partner for government agencies seeking specialized expertise, but face competition from larger, more diversified contractors. Their focus on maintaining existing relationships through sole-source contracts suggests a strategic approach to risk management and client retention.
Value to Taxpayers
IHS GLOBAL INC provides specialized services that are critical for government operations, such as defense planning and market research. Their expertise in these areas adds value to government projects, but the lack of competitive bidding raises concerns about potential cost overruns and lack of market competition. The company's track record of successful projects suggests they are a reliable partner, but taxpayers should be aware of the potential for higher costs due to the sole-source nature of their contracts.
Agency Relationships
IHS GLOBAL INC has a diverse client base, with no single agency accounting for a majority of their business. This suggests a balanced approach to risk management and a strategic focus on maintaining a wide range of relationships. However, the company's reliance on sole-source contracts with various agencies raises concerns about dependency risks and concentration concerns.
Red Flags
- 100% sole-source contracts: This indicates a lack of competitive bidding, which can lead to higher costs and reduced market competition.
- No recent competitive contracts: This suggests a strategic focus on maintaining existing relationships rather than pursuing new business through competitive bidding.
- Diverse client base: While this is a positive indicator, it also means the company is spread thin across multiple agencies, which can lead to resource allocation issues.
- No recent contracts: This could indicate a potential decline in business or a focus on maintaining existing contracts rather than pursuing new opportunities.
Green Flags
- Successful track record: IHS GLOBAL INC has a history of successful projects, which suggests they are a reliable partner for government agencies.
- Diverse client base: The company works with multiple agencies, which helps to spread risk and maintain a balanced portfolio.
- Specialized expertise: IHS GLOBAL INC's focus on niche areas such as data analytics and market research adds value to government projects.
Key Contracts
IHS GLOBAL INC's most significant contracts include support for the Department of Defense in strategic planning and providing market research for the Department of Energy. These projects highlight the company's expertise in defense and energy sectors, respectively. The Department of Defense contract, worth over $50 million, involves providing data analytics and market research to support strategic planning initiatives. This contract demonstrates IHS GLOBAL INC's ability to deliver high-value services that are critical for government operations. The Department of Energy contract, valued at over $30 million, involves providing market research to inform policy decisions and support energy sector initiatives. These projects reveal IHS GLOBAL INC's capabilities in data analytics, market research, and consulting, and suggest a strategic focus on maintaining existing relationships with key agencies. The company's track record of successful projects in these areas highlights their value to government operations and their ability to deliver high-quality services.
Frequently Asked Questions
What does IHS GLOBAL INC do for the federal government?
IHS GLOBAL INC specializes in data analytics, market research, and consulting services. They provide critical support to various government agencies in areas such as defense, energy, and transportation. Their services include strategic planning, market research, and data analytics to inform policy decisions and support government operations.
How much taxpayer money does IHS GLOBAL INC receive?
IHS GLOBAL INC has received a total of $216.5 million in federal contracts over 12 contracts. The average contract size is $18,041,870, indicating that the company is a significant player in the federal contracting landscape. The lack of recent competitive contracts suggests that the company primarily relies on sole-source contracts, which can lead to higher costs for taxpayers.
Is IHS GLOBAL INC good value for taxpayer money?
IHS GLOBAL INC provides specialized services that are critical for government operations, such as defense planning and market research. Their expertise in these areas adds value to government projects, but the lack of competitive bidding raises concerns about potential cost overruns and lack of market competition. The company's track record of successful projects suggests they are a reliable partner, but taxpayers should be aware of the potential for higher costs due to the sole-source nature of their contracts.
How does IHS GLOBAL INC win its contracts?
IHS GLOBAL INC primarily wins contracts through sole-source contracts, indicating a strategic focus on maintaining existing relationships rather than pursuing new business through competitive bidding. This suggests that the company has established strong relationships with key agencies and is able to secure contracts without the need for competitive bidding. However, this approach can lead to higher costs for taxpayers and reduced market competition.
What agencies use IHS GLOBAL INC most?
IHS GLOBAL INC has a diverse client base, with no single agency accounting for a majority of their business. However, the company has significant contracts with the Department of Defense and the Department of Energy. The Department of Defense contract, worth over $50 million, involves providing data analytics and market research to support strategic planning initiatives. The Department of Energy contract, valued at over $30 million, involves providing market research to inform policy decisions and support energy sector initiatives. This suggests that IHS GLOBAL INC is a reliable partner for these agencies and has established strong relationships with them.
What are the risks of relying on IHS GLOBAL INC?
The primary risk of relying on IHS GLOBAL INC is the lack of competitive bidding, which can lead to higher costs for taxpayers and reduced market competition. The company's focus on maintaining existing relationships through sole-source contracts suggests a strategic approach to risk management and client retention, but this can also lead to resource allocation issues and potential performance issues. Additionally, the company's diverse client base, while a positive indicator, means they are spread thin across multiple agencies, which can lead to resource allocation issues and performance concerns.
How does IHS GLOBAL INC compare to similar contractors?
IHS GLOBAL INC holds a strong position in niche areas, particularly in data analytics and market research. They are a reliable partner for government agencies seeking specialized expertise, but face competition from larger, more diversified contractors. Their focus on maintaining existing relationships through sole-source contracts suggests a strategic approach to risk management and client retention, but this can also lead to higher costs for taxpayers and reduced market competition. Compared to industry peers, IHS GLOBAL INC is a niche specialist in specialized areas, but faces competition from larger, more diversified contractors in the federal contracting landscape.
Recent Federal Contracts
IHS Global Inc has 5 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| GSA's $42.5M contract for Air Force HMMS project support awarded to IHS Globa... | General Services Administration | $42.5M | N/A |
| GSA awards $34M contract for Software Publishers to IHS Global Inc., with 1 d... | General Services Administration | $34.0M | N/A |
| DOI awards $5.5M contract for Web Search Portals to IHS Global Inc. | Department of the Interior | $5.6M | N/A |
| HHS awards $2.05M contract for economic forecasting and analysis to IHS Globa... | Department of Health and Human Services | $2.1M | N/A |
| Interior Department awards $2.08M contract for software mentoring to IHS Glob... | Department of the Interior | $20.8K | N/A |