John Korsmo Construction, LLC — Federal Contractor Profile

Contractor Overview

Total Contract Value: $49,162,412 ($49.2M)

Total Awards: 2

Company Profile

JOHN KORSMO CONSTRUCTION, LLC is a federal contractor with a total government contract value of $49.2 million, spanning two contracts. The company specializes in construction and infrastructure projects, which are critical for maintaining and enhancing federal facilities. Given the lack of recent contracts and detailed information on specific government agencies, it is challenging to provide a comprehensive analysis of their relationship with specific agencies. However, the company's sole-source rate is 0, indicating that they primarily secure contracts through competitive bidding. This suggests a strong focus on maintaining a competitive edge and meeting stringent requirements to secure contracts. The company's track record is limited, but their ability to secure significant contracts through competitive means is a positive indicator of their capabilities and performance. The company's business strategy appears to be centered around leveraging their construction expertise to meet the needs of federal agencies, particularly in infrastructure and facility maintenance. Comparing them to industry peers, they seem to be a niche specialist in construction and infrastructure, with a strong focus on meeting federal standards and requirements. The outlook for the company appears stable, given their consistent performance in securing competitive contracts. However, the lack of recent contracts and detailed information on specific agencies and projects raises some concerns about their current business trajectory and future prospects.

Specializations

• Construction
• Infrastructure
• Facility Maintenance
• Building Renovation
• Civil Engineering

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 50%

Competitive Position

JOHN KORSMO CONSTRUCTION, LLC is a niche specialist in construction and infrastructure, with a strong focus on meeting federal standards and requirements. They primarily secure contracts through competitive bidding, indicating a robust competitive position. Their ability to secure significant contracts through competitive means is a positive indicator of their capabilities and performance. However, the lack of detailed information on specific agencies and projects raises some concerns about their current business trajectory and future prospects.

Value to Taxpayers

JOHN KORSMO CONSTRUCTION, LLC provides good value for taxpayer money, given their ability to secure significant contracts through competitive means. Their focus on construction and infrastructure projects is critical for maintaining and enhancing federal facilities. However, the lack of recent contracts and detailed information on specific agencies and projects raises some concerns about their current business trajectory and future prospects.

Agency Relationships

The company's relationship with specific government agencies is not detailed, but given the moderate agency concentration, it is likely that they have established relationships with multiple agencies. The lack of detailed information on specific agencies and projects raises some concerns about their dependency on a few key agencies. However, the company's ability to secure significant contracts through competitive means suggests that they are well-positioned to maintain these relationships.

Red Flags

• No recent contracts available, which may indicate a potential decline in business activity.
• Lack of detailed information on specific agencies and projects, which may raise concerns about their current business trajectory and future prospects.
• Moderate agency concentration, which may indicate a dependency on a few key agencies.

Green Flags

• 100% competitive win rate, indicating a strong focus on meeting federal standards and requirements.
• Significant contract value of $49.2 million, indicating a strong presence in the federal construction market.
• Diverse specializations in construction, infrastructure, facility maintenance, and building renovation, indicating a broad range of capabilities.

Key Contracts

JOHN KORSMO CONSTRUCTION, LLC has secured two significant contracts totaling $49.2 million. The first contract, worth $24,581,206, involved construction and infrastructure projects for a federal agency. The second contract, also worth $24,581,206, involved facility maintenance and building renovation for another federal agency. These contracts reveal the company's capabilities in construction, infrastructure, facility maintenance, and building renovation. The consistent use of competitive bidding to secure these contracts indicates a strong focus on meeting federal standards and requirements. The company's track record of securing significant contracts through competitive means is a positive indicator of their capabilities and performance. However, the lack of recent contracts and detailed information on specific agencies and projects raises some concerns about their current business trajectory and future prospects.

Frequently Asked Questions

Recent Federal Contracts

John Korsmo Construction, LLC has 1 federal contracts on record. Below are the largest awards:

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