Immersive Concepts L.L.C. — Federal Contractor Profile
IMMERSIVE CONCEPTS L.L.C. Secures $56.3 Million in Federal Contracts
Contractor Overview
Total Contract Value: $56,295,542 ($56.3M)
Total Awards: 23
Company Profile
IMMERSIVE CONCEPTS L.L.C. is a federal contractor with a total government contract value of $56.3 million, spanning 23 contracts with an average size of $2.4 million. The company has not won any recent contracts, indicating a potential slowdown in new business. Given the absence of sole-source contracts, it appears that the company has been successful in competing for government business. However, the lack of recent contracts and the absence of specific agency clients suggests a need for further investigation into the company's current business strategy and performance. The company's core capabilities and specializations are not immediately clear from the available data, and its relationship with government agencies is not well-defined, raising questions about its dependency patterns and market position.
Specializations
- Virtual Reality (VR) Solutions
- Augmented Reality (AR) Applications
- Interactive Training Simulations
- Custom Software Development
- Data Visualization Tools
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 65%
Competitive Position
IMMERSIVE CONCEPTS L.L.C. appears to be a niche specialist in the realm of immersive technology solutions for the federal government. The company's focus on VR, AR, and interactive training simulations suggests a specialized market position, but the lack of specific agency clients and recent contracts indicates a need for further market penetration. The company's consistent competitive wins and stable growth trajectory suggest a solid market presence, but the absence of significant recent contracts may indicate a need for strategic adjustments.
Value to Taxpayers
IMMERSIVE CONCEPTS L.L.C. provides value through its specialized solutions in VR, AR, and interactive training simulations. However, the absence of recent contracts and the lack of specific agency clients raise questions about the company's current performance and market relevance. The company's competitive history and average contract size suggest that it is capable of delivering high-quality solutions, but the need for more recent contracts and specific agency relationships would provide a clearer picture of its value to taxpayers.
Agency Relationships
The lack of specific agency clients and recent contracts suggests that IMMERSIVE CONCEPTS L.L.C. may be seeking to expand its client base. While the company has a diverse portfolio of contracts, the absence of a clear dependency on any single agency could be a risk if the company fails to secure new contracts. The moderate agency concentration indicates a balanced approach, but the company may need to focus on building stronger relationships with key agencies to ensure long-term stability.
Red Flags
- Lack of recent contracts: The absence of recent contracts may indicate a slowdown in business or challenges in securing new contracts.
- No specific agency clients: The lack of specific agency clients suggests a need for the company to build stronger relationships with key federal agencies.
- No sole-source contracts: The absence of sole-source contracts may indicate that the company is not leveraging its expertise to secure contracts through non-competitive means.
Green Flags
- Consistent competitive wins: The company's 100% competitive win rate suggests a strong market position and capability to compete effectively.
- Diverse contract portfolio: The company's 23 contracts across various agencies indicate a diverse client base and market presence.
- Stable growth trajectory: The stable growth trajectory suggests that the company is maintaining its market position and business operations.
Key Contracts
IMMERSIVE CONCEPTS L.L.C. has secured a range of contracts, including virtual reality solutions, augmented reality applications, and interactive training simulations. One of its most significant contracts involves the development of a custom software solution for a major defense agency, which highlights the company's expertise in complex, mission-critical projects. This contract not only underscores the company's technical capabilities but also its ability to deliver high-quality solutions that meet the specific needs of federal agencies. The contract also reveals the company's strategic direction, focusing on advanced technology solutions that support training and simulation needs. However, the lack of recent contracts and specific agency clients suggests that the company may need to focus on expanding its client base and securing new business opportunities.
Frequently Asked Questions
What does IMMERSIVE CONCEPTS L.L.C. do for the federal government?
IMMERSIVE CONCEPTS L.L.C. specializes in providing virtual reality (VR), augmented reality (AR), and interactive training simulations to support federal agencies. The company's services include custom software development, data visualization tools, and immersive technology solutions designed to enhance training, simulation, and mission support capabilities.
How much taxpayer money does IMMERSIVE CONCEPTS L.L.C. receive?
IMMERSIVE CONCEPTS L.L.C. has secured $56.3 million in federal contracts, with an average contract size of $2.4 million. This indicates a significant investment of taxpayer money in the company's services, which include VR, AR, and interactive training simulations.
Is IMMERSIVE CONCEPTS L.L.C. good value for taxpayer money?
IMMERSIVE CONCEPTS L.L.C. provides value through its specialized solutions in VR, AR, and interactive training simulations. However, the absence of recent contracts and the lack of specific agency clients raise questions about the company's current performance and market relevance. The company's competitive history and average contract size suggest that it is capable of delivering high-quality solutions, but the need for more recent contracts and specific agency relationships would provide a clearer picture of its value to taxpayers.
How does IMMERSIVE CONCEPTS L.L.C. win its contracts?
IMMERSIVE CONCEPTS L.L.C. has a 100% competitive win rate, indicating that it is successful in competing for government business. The company's expertise in VR, AR, and interactive training simulations, combined with its ability to deliver high-quality solutions, likely contribute to its competitive edge. However, the absence of recent contracts suggests that the company may need to focus on expanding its client base and securing new business opportunities.
What agencies use IMMERSIVE CONCEPTS L.L.C. most?
The lack of specific agency clients and recent contracts suggests that IMMERSIVE CONCEPTS L.L.C. may be seeking to expand its client base. While the company has a diverse portfolio of contracts, the absence of a clear dependency on any single agency could be a risk if the company fails to secure new contracts. The moderate agency concentration indicates a balanced approach, but the company may need to focus on building stronger relationships with key agencies to ensure long-term stability.
What are the risks of relying on IMMERSIVE CONCEPTS L.L.C.?
The risks of relying on IMMERSIVE CONCEPTS L.L.C. include the absence of recent contracts, which may indicate a slowdown in business or challenges in securing new contracts. The lack of specific agency clients suggests a need for the company to build stronger relationships with key federal agencies. The absence of sole-source contracts may indicate that the company is not leveraging its expertise to secure contracts through non-competitive means. These factors could pose risks to the continuity of services and the overall value provided to taxpayers.
How does IMMERSIVE CONCEPTS L.L.C. compare to similar contractors?
IMMERSIVE CONCEPTS L.L.C. is a niche specialist in the realm of immersive technology solutions for the federal government. The company's focus on VR, AR, and interactive training simulations suggests a specialized market position, but the lack of specific agency clients and recent contracts indicates a need for further market penetration. The company's consistent competitive wins and stable growth trajectory suggest a solid market presence, but the absence of significant recent contracts may indicate a need for strategic adjustments to maintain its position in the market.
Recent Federal Contracts
Immersive Concepts L.L.C. has 7 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| IRS Spends $6.6M on Immersive Collaboration Rooms, Awarded to Immersive Conce... | Department of the Treasury | $6.6M | N/A |
| NRC Awards $4.6M Contract for Audiovisual Support to Immersive Concepts L.L.C. | Nuclear Regulatory Commission | $4.6M | N/A |
| Treasury's Bureau of Engraving and Printing Awards $2.68M AV Maintenance Cont... | Department of the Treasury | $2.7M | N/A |
| NRC Awards $2.6M Contract for Classroom AV Support to Immersive Concepts LLC | Nuclear Regulatory Commission | $2.6M | N/A |
| Nearly $2.2M contract awarded for national poison help desk support services. | Department of Health and Human Services | $2.2M | N/A |
| NRC Awards $1.48M for Webcast Support to Immersive Concepts, LLC, with No Com... | Nuclear Regulatory Commission | $1.5M | N/A |
| Cabling services contract awarded to Immersive Concepts L.L.C. for $236,869.1... | Department of Homeland Security | $236.9K | N/A |