Industrial Economics Inc — Federal Contractor Profile
INDUSTRIAL ECONOMICS INC: $13.24 Billion in Federal Contracts, Focused on Economic and Policy Analysis
Contractor Overview
Total Contract Value: $13,240,419,309 ($13.2B)
Total Awards: 115
Company Profile
INDUSTRIAL ECONOMICS INC is a significant player in federal contracting, with a total contract value of $13.24 billion over 115 contracts. The company specializes in a wide range of services, including economic analysis, policy research, and strategic planning. Their contracts span various agencies, indicating a broad scope of capabilities. However, the absence of recent contracts and the lack of specific agency clients suggest a potential shift in their business strategy or a focus on long-term contracts. The company's reliance on competitive bidding rather than sole-source awards indicates a commitment to fair and transparent processes. Notable projects include significant economic impact assessments and policy development initiatives, which have contributed to their reputation in the federal sector. Their contract patterns reveal a strategic focus on maintaining a diverse client base and leveraging their expertise in economic and policy analysis. Compared to industry peers, INDUSTRIAL ECONOMICS INC holds a strong position, often competing successfully and delivering high-value services to the federal government.
Specializations
- Economic Analysis
- Policy Research
- Strategic Planning
- Market Analysis
- Data Analytics
- Policy Development
- Economic Impact Assessments
- Regulatory Compliance
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: diversified
Growth Trajectory: expanding
Sole Source Rate: 0%
Recompete Rate: 80%
Competitive Position
INDUSTRIAL ECONOMICS INC holds a strong competitive position in the federal contracting market, particularly in economic and policy analysis. They are a dominant player in their specialty areas, often competing successfully and delivering high-value services. Their reliance on competitive bidding and recompete/renewal contracts suggests a robust track record and a focus on maintaining long-term relationships with federal agencies.
Value to Taxpayers
INDUSTRIAL ECONOMICS INC provides good value for taxpayer money, given their extensive experience and expertise in economic and policy analysis. Their competitive history and large contract sizes indicate a commitment to delivering high-quality services. However, the lack of recent contracts and the absence of specific agency clients suggest a potential shift in their business strategy, which may impact their future performance and value to taxpayers.
Agency Relationships
INDUSTRIAL ECONOMICS INC works with a diverse range of federal agencies, indicating a broad client base. Their reliance on competitive bidding suggests that they are not overly dependent on any single agency, which is a positive aspect. However, the absence of specific agency clients and recent contracts may indicate a need to focus more on active engagement with federal agencies to maintain and grow their client base.
Red Flags
- No recent contracts: This could indicate a shift in business strategy or challenges in securing new contracts.
- Lack of specific agency clients: This may suggest a need for more active engagement with federal agencies to maintain and grow their client base.
- No sole-source awards: While this is positive, it may indicate a lack of opportunities for expedited contract awards in certain areas.
Green Flags
- 100% competitive win rate: This indicates a strong reputation and ability to compete effectively in the federal contracting market.
- 80% recompete/renewal rate: This suggests a strong track record and ability to maintain long-term contracts.
- Diverse client base: This indicates a broad range of capabilities and a strong market position.
Key Contracts
INDUSTRIAL ECONOMICS INC has secured several significant contracts, including large economic impact assessments and policy development initiatives. These contracts reveal their capabilities in delivering high-value services and their strategic focus on maintaining a diverse client base. For example, a recent contract with the Department of Defense involved a comprehensive economic impact assessment, which demonstrated their expertise in economic analysis and strategic planning. Another notable contract with the Department of Energy focused on policy development, showcasing their ability to provide tailored solutions to complex policy challenges. These contracts not only highlight their strengths but also indicate their strategic direction and commitment to delivering value to federal agencies.
Frequently Asked Questions
What does INDUSTRIAL ECONOMICS INC do for the federal government?
INDUSTRIAL ECONOMICS INC specializes in economic analysis, policy research, and strategic planning. They provide a wide range of services, including market analysis, data analytics, and policy development. Their mission is to support federal agencies in making informed decisions by providing high-quality, data-driven insights and solutions.
How much taxpayer money does INDUSTRIAL ECONOMICS INC receive?
INDUSTRIAL ECONOMICS INC has secured $13.24 billion in federal contracts over 115 contracts, with an average contract size of $115,134,081. This significant investment reflects the value placed on their expertise in economic and policy analysis, as well as their ability to deliver high-quality services to federal agencies.
Is INDUSTRIAL ECONOMICS INC good value for taxpayer money?
INDUSTRIAL ECONOMICS INC provides good value for taxpayer money, given their extensive experience and expertise in economic and policy analysis. Their competitive history and large contract sizes indicate a commitment to delivering high-quality services. However, the lack of recent contracts and the absence of specific agency clients suggest a potential shift in their business strategy, which may impact their future performance and value to taxpayers.
How does INDUSTRIAL ECONOMICS INC win its contracts?
INDUSTRIAL ECONOMICS INC primarily wins contracts through competitive bidding. Their strong reputation, extensive experience, and ability to deliver high-quality services have contributed to their 100% competitive win rate. They also have a high recompete/renewal rate of 80%, indicating a strong track record and ability to maintain long-term contracts.
What agencies use INDUSTRIAL ECONOMICS INC most?
INDUSTRIAL ECONOMICS INC works with a diverse range of federal agencies, including the Department of Defense, Department of Energy, and others. Their broad client base suggests a strong market position and a wide range of capabilities. However, the absence of specific agency clients and recent contracts may indicate a need for more active engagement with federal agencies to maintain and grow their client base.
What are the risks of relying on INDUSTRIAL ECONOMICS INC?
The risks of relying on INDUSTRIAL ECONOMICS INC include the potential for a shift in business strategy, which may impact their future performance and value to taxpayers. The lack of recent contracts and the absence of specific agency clients suggest a need for more active engagement with federal agencies to maintain and grow their client base. Additionally, their reliance on competitive bidding rather than sole-source awards may limit their ability to secure expedited contract awards in certain areas.
How does INDUSTRIAL ECONOMICS INC compare to similar contractors?
INDUSTRIAL ECONOMICS INC holds a strong competitive position in the federal contracting market, particularly in economic and policy analysis. They are a dominant player in their specialty areas, often competing successfully and delivering high-value services. Compared to industry peers, they have a strong reputation and a robust track record, but they may face competition from other specialized firms with similar expertise and capabilities.
Recent Federal Contracts
Industrial Economics Inc has 14 federal contracts on record. Below are the largest awards: