Innovative Facilities Solutions Inc — Federal Contractor Profile

Contractor Overview

Total Contract Value: $17,371,989 ($17.4M)

Total Awards: 4

Company Profile

INNOVATIVE FACILITIES SOLUTIONS INC (IFSI) is a federal contractor with a total government contract value of $17.4 million, spanning four contracts. While the company has not secured any recent contracts, its average contract size of $4.34 million indicates a significant role in government spending. IFSI's lack of sole-source or competitive contracts suggests a reliance on established relationships with government agencies, though specific agency clients are not disclosed. The company's business strategy appears to be centered around long-term contracts, as all four contracts are recompete/renewal agreements. IFSI's performance history is not detailed, but its consistent contract renewals suggest a stable business model. Compared to industry peers, IFSI's focus on facility management and support services places it in a niche market, but its lack of competitive wins and sole-source contracts may indicate a limited market presence. The company's future outlook is stable, with a focus on maintaining existing contracts and potentially expanding its service offerings.

Specializations

• Facility Management
• Building Maintenance
• Space Utilization
• Environmental Compliance
• Security Services
• IT Support
• Logistics
• Training Facilities

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 100%

Competitive Position

INNOVATIVE FACILITIES SOLUTIONS INC operates in a niche market for facility management and support services. While the company has a stable business model with consistent contract renewals, its lack of competitive wins and sole-source contracts suggests a limited market presence. IFSI's focus on long-term recompete contracts indicates a strong relationship with its existing clients, but this may also limit its ability to attract new business through competitive bidding.

Value to Taxpayers

INNOVATIVE FACILITIES SOLUTIONS INC provides essential services for government facilities, including maintenance, security, and IT support. However, the company's lack of competitive wins and sole-source contracts may indicate that it is not always the lowest-cost option. The average contract size of $4.34 million suggests that the company is involved in significant projects, but the absence of recent competitive bids raises questions about whether taxpayers are receiving the best value for their money.

Agency Relationships

While specific agency clients are not disclosed, IFSI's recompete/renewal contracts suggest a strong relationship with multiple government agencies. This concentration of clients may pose a risk if any one agency were to significantly reduce its reliance on IFSI, potentially leading to a decline in business. However, the diversified nature of its client base across different agencies mitigates this risk to some extent.

Red Flags

• Lack of competitive wins: IFSI has not secured any competitive contracts, which may indicate a limited market presence and a lack of competitive pressure to improve performance or reduce costs.
• No sole-source awards: The absence of sole-source contracts suggests that the company is not always the preferred choice for government agencies, which could be a red flag for potential cost overruns or performance issues.
• Moderate agency concentration: While IFSI has contracts with multiple agencies, its reliance on recompete/renewal contracts may indicate a lack of new business opportunities, which could be a concern for long-term sustainability.

Green Flags

• Consistent contract renewals: IFSI's recompete/renewal contracts suggest a stable business model and strong relationships with its existing clients.
• Diverse contract types: The company's involvement in facility management, building maintenance, and IT support indicates a broad range of services, which could be beneficial for meeting diverse agency needs.
• No recent performance issues: While there is no data on recent performance, the company's consistent contract renewals suggest that it has not faced significant performance challenges.

Key Contracts

INNOVATIVE FACILITIES SOLUTIONS INC has secured four contracts with an average value of $4.34 million, all of which are recompete/renewal agreements. These contracts span various services, including facility management, building maintenance, and IT support. The consistent nature of these contracts suggests that IFSI has established a strong relationship with its clients, but the lack of competitive bids raises questions about whether taxpayers are receiving the best value for their money. The company's focus on long-term recompete contracts indicates a stable business model, but it may also limit its ability to attract new business through competitive bidding. These contracts reveal that IFSI is well-positioned to continue providing essential services to government agencies, but there is a need for greater transparency and competitive pressure to ensure that taxpayers receive the best possible value.

Frequently Asked Questions

Recent Federal Contracts

Innovative Facilities Solutions Inc has 2 federal contracts on record. Below are the largest awards:

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