Interstate Rock Products, Inc. — Federal Contractor Profile
INTERSTATE ROCK PRODUCTS, INC. Secures $168.5M in Federal Contracts
Contractor Overview
Total Contract Value: $168,527,555 ($168.5M)
Total Awards: 8
Company Profile
INTERSTATE ROCK PRODUCTS, INC. is a federal contractor with a significant presence in government spending, having secured a total of $168.5 million in contracts. The company specializes in providing rock products and related services, which are essential for various government projects, including infrastructure development and maintenance. With an average contract size of $21,065,944, the company has a substantial scale in its government business. However, it's worth noting that INTERSTATE ROCK PRODUCTS, INC. has not secured any recent contracts, which could indicate a potential shift in its business strategy or market conditions. The company's lack of sole-source contracts and competitive wins suggests a reliance on established relationships with government agencies rather than aggressive competitive bidding. This profile will explore the company's capabilities, its relationship with specific government agencies, the scale and nature of its government business, and its contract patterns to provide a comprehensive understanding of its role in government spending.
Specializations
- Rock Products
- Aggregate Materials
- Infrastructure Support
- Construction Services
- Material Supply
- Civil Engineering
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% competitive, 0% sole-source
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100% recompete/renewal
Competitive Position
INTERSTATE ROCK PRODUCTS, INC. operates in a niche market, providing essential rock products and construction services to government agencies. While the company has not demonstrated a competitive edge through recent contract wins, its established relationships and consistent recompete rates suggest a stable market position. The lack of sole-source contracts indicates that the company is not a dominant player but rather a reliable partner for government projects.
Value to Taxpayers
INTERSTATE ROCK PRODUCTS, INC. provides essential materials and services for government infrastructure projects, contributing to the maintenance and development of critical public assets. The company's average contract size of $21,065,944 suggests that it is involved in significant projects, which can be costly. However, the absence of competitive wins and sole-source contracts implies that the company may not be the most cost-effective option. Taxpayers should consider the company's performance history and the value it brings to the projects it supports.
Agency Relationships
INTERSTATE ROCK PRODUCTS, INC. has a moderate concentration of clients across various government agencies, indicating a diverse portfolio. However, the lack of specific agency data makes it difficult to assess the extent of dependency on any single agency. This moderate concentration suggests that the company is not overly reliant on any one client, which could be a positive factor in terms of risk management.
Red Flags
- No recent contracts: This could indicate a potential shift in business strategy or market conditions.
- No competitive wins: The company relies solely on established relationships, which may limit its ability to secure new contracts.
- No sole-source contracts: This suggests the company is not a dominant player in the market and may not be the most cost-effective option.
- Lack of detailed agency data: This makes it challenging to assess the extent of dependency on any single agency.
Green Flags
- Consistent recompete/renewal: The company's ability to secure recompete contracts indicates a strong track record and reliability.
- Diverse client base: The company's moderate concentration of clients across various government agencies suggests a diversified portfolio.
- Established relationships: The company's reliance on established relationships with government agencies could be a positive factor in terms of risk management.
Key Contracts
INTERSTATE ROCK PRODUCTS, INC. has secured a total of $168.5 million in contracts, with an average contract size of $21,065,944. While the company has not secured any recent contracts, its track record of recompete/renewal suggests a strong performance history. The company's involvement in infrastructure projects, such as road construction and maintenance, highlights its core capabilities in providing essential materials and services. These contracts reveal that the company is well-positioned to support government infrastructure initiatives, contributing to the maintenance and development of critical public assets. The company's consistent recompete/renewal rates indicate a reliable and trusted partner for government projects, which is crucial for the successful execution of infrastructure initiatives.
Frequently Asked Questions
What does INTERSTATE ROCK PRODUCTS, INC. do for the federal government?
INTERSTATE ROCK PRODUCTS, INC. provides essential rock products and construction services to support government infrastructure projects, including road construction and maintenance. The company's services are crucial for maintaining and developing critical public assets, contributing to the overall efficiency and effectiveness of government operations.
How much taxpayer money does INTERSTATE ROCK PRODUCTS, INC. receive?
INTERSTATE ROCK PRODUCTS, INC. has secured a total of $168.5 million in federal contracts, with an average contract size of $21,065,944. This significant investment in government projects highlights the company's role in supporting critical infrastructure initiatives and the substantial financial commitment from taxpayers.
Is INTERSTATE ROCK PRODUCTS, INC. good value for taxpayer money?
While INTERSTATE ROCK PRODUCTS, INC. provides essential materials and services for government infrastructure projects, the company's lack of competitive wins and sole-source contracts suggests that it may not be the most cost-effective option. Taxpayers should consider the company's performance history and the value it brings to the projects it supports, as well as the potential for cost savings through competitive bidding.
How does INTERSTATE ROCK PRODUCTS, INC. win its contracts?
INTERSTATE ROCK PRODUCTS, INC. relies on established relationships with government agencies to secure contracts, rather than competitive bidding. The company's lack of competitive wins and sole-source contracts indicates that it may not have a competitive edge in the market. This approach suggests a focus on maintaining and strengthening existing relationships rather than aggressively pursuing new contracts through competitive bidding.
What agencies use INTERSTATE ROCK PRODUCTS, INC. most?
INTERSTATE ROCK PRODUCTS, INC. has a moderate concentration of clients across various government agencies, indicating a diverse portfolio. However, the lack of specific agency data makes it challenging to assess the extent of dependency on any single agency. This moderate concentration suggests that the company is not overly reliant on any one client, which could be a positive factor in terms of risk management.
What are the risks of relying on INTERSTATE ROCK PRODUCTS, INC.?
The lack of recent contracts and competitive wins could indicate a potential shift in business strategy or market conditions. The company's reliance on established relationships rather than competitive bidding may limit its ability to secure new contracts. Additionally, the absence of sole-source contracts suggests that the company is not a dominant player in the market and may not be the most cost-effective option. These factors could pose risks to government projects and the overall efficiency of infrastructure initiatives.
How does INTERSTATE ROCK PRODUCTS, INC. compare to similar contractors?
INTERSTATE ROCK PRODUCTS, INC. operates in a niche market, providing essential rock products and construction services to government agencies. While the company has a strong track record of recompete/renewal, it does not demonstrate a competitive edge through recent contract wins. This suggests that the company is a reliable partner for government projects but may not be the most cost-effective option compared to other contractors in the market. The company's focus on maintaining established relationships rather than aggressively pursuing new contracts through competitive bidding sets it apart from some of its competitors.
Recent Federal Contracts
Interstate Rock Products, Inc. has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Zion National Park Campground Rehab and Permit Office Construction Awarded fo... | Department of the Interior | $22.2M | N/A |
| Interior's $22M Willow Beach facility upgrade awarded to Interstate Rock Prod... | Department of the Interior | $22.1M | N/A |
| Interior Department's $17.8M Lake Mead water system rehab contract awarded to... | Department of the Interior | $17.8M | N/A |