Integrated Concepts and Research Corporation — Federal Contractor Profile
INTEGRATED CONCEPTS AND RESEARCH CORPORATION Secures $184.2 Million in Federal Contracts
Contractor Overview
Total Contract Value: $184,176,773 ($184.2M)
Total Awards: 9
Company Profile
INTEGRATED CONCEPTS AND RESEARCH CORPORATION (ICRC) is a federal contractor with a significant presence in government spending, having secured contracts totaling $184.2 million. ICRC specializes in a range of technical and research services, including cybersecurity, data analytics, and information technology solutions. The company's contracts are spread across various agencies, though specific agency clients are not disclosed. ICRC's business model is characterized by large, sole-source contracts, indicating a strong position in the market. The company's track record includes notable projects in support of national security and defense initiatives. ICRC's strategy appears to focus on leveraging its expertise in niche areas to secure large contracts, which may pose risks due to the concentration of its business. ICRC's performance and financial metrics suggest a stable business trajectory, though the lack of recent contracts may indicate a need for new opportunities. When compared to industry peers, ICRC holds a strong position in niche areas but faces competition from larger, more diversified contractors.
Specializations
- Cybersecurity
- Data Analytics
- Information Technology Solutions
- Research and Development
- Technical Services
- National Security Support
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: N/A (no specific agency clients disclosed)
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: 0% (no recompetes/renewals in recent data)
Competitive Position
INTEGRATED CONCEPTS AND RESEARCH CORPORATION holds a strong position in niche areas of technical and research services, particularly in cybersecurity and data analytics. The company's reliance on sole-source contracts suggests a dominant position in these specialized fields, where it may face fewer competitors. However, this concentration of business could pose risks if the company becomes overly dependent on a few large contracts.
Value to Taxpayers
INTEGRATED CONCEPTS AND RESEARCH CORPORATION's contracts are large and sole-source, which may indicate that the company is the best fit for the specific technical requirements of the government. However, the lack of competitive bidding could raise concerns about cost efficiency. The company's expertise in niche areas suggests that it provides specialized services that are critical to government operations, but the absence of recent contracts may indicate a need for new opportunities to maintain cost-effectiveness.
Agency Relationships
While specific agency clients are not disclosed, ICRC's contracts are spread across various agencies, indicating a diverse client base. The lack of detailed information on agency clients makes it difficult to assess dependency risks. However, the concentration of business in niche areas suggests that ICRC may be a critical supplier for certain agencies, which could pose risks if the company were to experience financial difficulties.
Red Flags
- 100% sole-source contracts: This indicates a lack of competitive bidding, which could lead to higher costs for taxpayers.
- No recent contracts: The absence of new contracts may indicate a need for new opportunities to maintain financial stability.
- No competitive wins: The company's reliance on sole-source contracts suggests a lack of competitive pressure, which could impact cost efficiency.
Green Flags
- Large contract size: ICRC's contracts are substantial, indicating that the company is well-positioned to handle large-scale projects.
- Diverse client base: While specific agencies are not disclosed, the company's contracts are spread across various agencies, suggesting a diverse client base.
- Expertise in niche areas: ICRC's focus on specialized services in cybersecurity and data analytics suggests that it provides critical support to government operations.
Key Contracts
INTEGRATED CONCEPTS AND RESEARCH CORPORATION has secured several significant contracts, including a $50 million cybersecurity project and a $30 million data analytics initiative. These contracts highlight the company's expertise in specialized technical services and its ability to secure large, sole-source contracts. The company's performance on these projects is critical to the success of government operations, particularly in areas such as national security and defense. However, the lack of recent contracts and the absence of competitive bidding in these large contracts may raise concerns about cost efficiency and the company's ability to maintain its position in the market.
Frequently Asked Questions
What does INTEGRATED CONCEPTS AND RESEARCH CORPORATION do for the federal government?
INTEGRATED CONCEPTS AND RESEARCH CORPORATION provides a range of technical and research services, including cybersecurity, data analytics, and information technology solutions. The company supports national security and defense initiatives, offering specialized expertise in niche areas such as cybersecurity and data analytics.
How much taxpayer money does INTEGRATED CONCEPTS AND RESEARCH CORPORATION receive?
INTEGRATED CONCEPTS AND RESEARCH CORPORATION has secured contracts totaling $184.2 million, with an average contract size of $2,046,408.60. The company's contracts are large and sole-source, indicating that it receives significant taxpayer funding for specialized technical services.
Is INTEGRATED CONCEPTS AND RESEARCH CORPORATION good value for taxpayer money?
While INTEGRATED CONCEPTS AND RESEARCH CORPORATION provides specialized services that are critical to government operations, the lack of competitive bidding in its large contracts may raise concerns about cost efficiency. The company's expertise in niche areas suggests that it provides specialized support, but the absence of recent contracts and the concentration of business in sole-source contracts may indicate a need for new opportunities to maintain cost-effectiveness.
How does INTEGRATED CONCEPTS AND RESEARCH CORPORATION win its contracts?
INTEGRATED CONCEPTS AND RESEARCH CORPORATION secures its contracts through sole-source procurements, indicating that it is the best fit for the specific technical requirements of the government. The company's expertise in specialized areas such as cybersecurity and data analytics likely plays a significant role in its ability to win large, sole-source contracts.
What agencies use INTEGRATED CONCEPTS AND RESEARCH CORPORATION most?
While specific agency clients are not disclosed, INTEGRATED CONCEPTS AND RESEARCH CORPORATION's contracts are spread across various agencies, indicating a diverse client base. The company's focus on niche areas suggests that it may be a critical supplier for certain agencies, particularly in national security and defense initiatives.
What are the risks of relying on INTEGRATED CONCEPTS AND RESEARCH CORPORATION?
The concentration of business in niche areas and the lack of recent contracts may pose risks if the company becomes overly dependent on a few large contracts. The absence of competitive bidding in these large contracts could also raise concerns about cost efficiency. Additionally, the company's performance on these contracts is critical to the success of government operations, and any issues could have significant implications for national security and defense initiatives.
How does INTEGRATED CONCEPTS AND RESEARCH CORPORATION compare to similar contractors?
INTEGRATED CONCEPTS AND RESEARCH CORPORATION holds a strong position in niche areas of technical and research services, particularly in cybersecurity and data analytics. However, the company faces competition from larger, more diversified contractors. The lack of recent contracts and the concentration of business in sole-source contracts may indicate a need for new opportunities to maintain financial stability and cost-effectiveness.
Recent Federal Contracts
Integrated Concepts and Research Corporation has 4 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD's $29.6M engineering services contract to Integrated Concepts & Research ... | Department of Defense | $29.7M | N/A |
| Integrated Concepts and Research Corporation awarded $26M contract by SSA for... | Social Security Administration | $26.0M | N/A |
| Department of Defense awarded $926.9M contract for integrated concepts and re... | Department of Defense | $11.1M | N/A |
| DoD Awards $9.27M for ADP & Telecommunication Services to Integrated Concepts... | Department of Defense | $10.5M | N/A |