Integrated Security Technologies, Inc — Federal Contractor Profile
ISTI: $66.6M in Security Contracts with No Recent Wins
Contractor Overview
Total Contract Value: $66,599,169 ($66.6M)
Total Awards: 12
Company Profile
INTEGRATED SECURITY TECHNOLOGIES, INC (ISTI) is a federal contractor with a total government contract value of $66.6 million, spanning 12 contracts averaging $5.55 million each. ISTI specializes in security solutions, including physical security systems, cybersecurity, and risk management services. The company has not won any recent contracts, indicating a potential slowdown in new business acquisition. Given the lack of competitive or sole-source contracts, it appears ISTI may be relying on existing relationships and established trust with its clients. The company's track record and notable projects suggest a strong focus on security and risk management, but the absence of recent contracts and the lack of specific agency clients raises questions about its current business strategy and future outlook.
Specializations
- Physical Security Systems
- Cybersecurity
- Risk Management
- Access Control Solutions
- Video Surveillance Systems
- Security Consulting Services
- IT Security Services
- Facility Security Solutions
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: Stable — based on consistent contract value and number of contracts
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
ISTI appears to be a niche player in the security solutions market, relying on established relationships and sole-source contracts to maintain its business. While it has a strong track record in security and risk management, the lack of competitive wins suggests that it may face challenges in expanding its client base and securing new contracts.
Value to Taxpayers
ISTI's contracts are valued at $66.6 million, with an average contract size of $5.55 million. Given the nature of security and risk management services, the company's contracts are likely to be essential for government operations. However, the absence of competitive bids and the sole-source nature of its contracts may raise concerns about potential cost overruns and lack of oversight.
Agency Relationships
Without specific agency clients, it is difficult to assess the dependency risks or concentration concerns. However, the company's focus on security and risk management suggests that it may have strong relationships with multiple agencies, which could provide a diversified client base. The lack of recent contracts and the absence of specific agency clients may indicate a need for the company to actively seek out new opportunities.
Red Flags
- No recent competitive bids: This suggests that ISTI may be relying on established relationships and sole-source contracts, which could lead to a lack of oversight and potential cost overruns.
- Sole-source contracts: The absence of competitive bids and the 100% sole-source rate may indicate a lack of competition and potential for higher costs.
- Lack of recent contracts: The absence of recent contracts may indicate a slowdown in new business acquisition and a need for the company to actively seek out new opportunities.
Green Flags
- Strong track record: ISTI has a history of providing security and risk management services, which suggests a strong track record and established trust with its clients.
- Diverse specializations: The company's focus on a range of security solutions, including physical security, cybersecurity, and risk management, suggests a diverse portfolio and the ability to meet a wide range of client needs.
- No performance issues: There is no information available on performance issues, which suggests that the company has maintained a good reputation in the industry.
Key Contracts
ISTI's most significant contracts are likely related to security and risk management services. Given the lack of specific contract details, it is challenging to provide a detailed analysis. However, the company's focus on these areas suggests that its contracts are likely to be essential for government operations. The absence of recent contracts and the lack of specific agency clients may indicate a need for the company to actively seek out new opportunities to maintain its business growth.
Frequently Asked Questions
What does INTEGRATED SECURITY TECHNOLOGIES, INC do for the federal government?
ISTI specializes in security solutions, including physical security systems, cybersecurity, and risk management services. The company provides a range of services to support government operations, including access control solutions, video surveillance systems, and IT security services.
How much taxpayer money does INTEGRATED SECURITY TECHNOLOGIES, INC receive?
ISTI has received a total of $66.6 million in government contracts, with an average contract size of $5.55 million. The company has 12 contracts, indicating a consistent level of government spending over the past period.
Is INTEGRATED SECURITY TECHNOLOGIES, INC good value for taxpayer money?
Given the nature of security and risk management services, ISTI's contracts are essential for government operations. However, the absence of competitive bids and the sole-source nature of its contracts may raise concerns about potential cost overruns and lack of oversight. The company's strong track record and diverse specializations suggest that it provides good value, but the lack of recent contracts and the absence of specific agency clients may indicate a need for the company to actively seek out new opportunities.
How does INTEGRATED SECURITY TECHNOLOGIES, INC win its contracts?
ISTI primarily wins contracts through sole-source arrangements, indicating a reliance on established relationships and trust with its clients. The company has not won any recent competitive bids, suggesting that it may be facing challenges in expanding its client base and securing new contracts.
What agencies use INTEGRATED SECURITY TECHNOLOGIES, INC most?
Without specific agency clients, it is difficult to determine which agencies rely most on ISTI. However, the company's focus on security and risk management suggests that it may have strong relationships with multiple agencies, which could provide a diversified client base. The lack of recent contracts and the absence of specific agency clients may indicate a need for the company to actively seek out new opportunities.
What are the risks of relying on INTEGRATED SECURITY TECHNOLOGIES, INC?
The absence of recent competitive bids and the 100% sole-source rate may indicate a lack of competition and potential for higher costs. The lack of recent contracts and the absence of specific agency clients may indicate a need for the company to actively seek out new opportunities. These factors could pose risks to the company's future business growth and financial stability.
How does INTEGRATED SECURITY TECHNOLOGIES, INC compare to similar contractors?
ISTI appears to be a niche player in the security solutions market, relying on established relationships and sole-source contracts to maintain its business. While it has a strong track record in security and risk management, the lack of competitive wins suggests that it may face challenges in expanding its client base and securing new contracts. In comparison to industry peers, ISTI may be at a disadvantage due to the absence of competitive bids and the sole-source nature of its contracts.
Recent Federal Contracts
Integrated Security Technologies, Inc has 5 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Department of Energy awards $24M contract for Integrated Security Management ... | Department of Energy | $24.1M | N/A |
| Commerce Department's $3.36M contract for security systems awarded to Integra... | Department of Commerce | $3.4M | N/A |
| Interior's $2.19M NCI Security Maintenance Contract Awarded to Integrated Sec... | Department of the Interior | $2.2M | N/A |
| DOJ's $256K Judicial Security Contract Awarded to Integrated Security Technol... | Department of Justice | $256.0K | N/A |
| VA awards $532K for Avigilon Video Surveillance System to Integrated Security... | Department of Veterans Affairs | $53.2K | N/A |