Koorsen Fire & Security Inc — Federal Contractor Profile

Contractor Overview

Total Contract Value: $308,460 ($308.5K)

Total Awards: 4

Company Profile

KOORSEN FIRE & SECURITY INC is a federal contractor with a total government contract value of $308,460.16, spread across four contracts with an average size of $77,115. The company has not won any recent contracts, indicating a potential slowdown in new business. Notably, KOORSEN FIRE & SECURITY INC has not engaged in any sole-source contracts, suggesting a preference for competitive bidding. However, the lack of recent contracts and the absence of specific agency clients make it challenging to assess their relationship with government agencies. The company's core capabilities are in fire and security services, which are essential for federal facilities. Their track record and notable projects are limited, but their consistent competitive bidding suggests a strong focus on fair and transparent processes. The company's business strategy appears to be centered around maintaining a diverse portfolio of contracts, although the lack of recent wins may indicate a need to reassess their market positioning. Compared to industry peers, KOORSEN FIRE & SECURITY INC seems to be a niche player in the fire and security sector, with a focus on competitive bidding and a preference for diverse client bases.

Specializations

• Fire protection systems
• Security systems
• Alarm systems
• Fire detection and suppression
• Security consulting

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 25%

Competitive Position

KOORSEN FIRE & SECURITY INC appears to be a niche player in the fire and security sector, with a strong focus on competitive bidding. Their consistent track record of winning contracts through competition suggests they hold a competitive advantage in their area of expertise. However, the lack of recent wins and the absence of specific agency clients indicate a need to reassess their market positioning and client engagement strategies.

Value to Taxpayers

KOORSEN FIRE & SECURITY INC provides essential fire and security services to federal facilities, which are crucial for maintaining safety and security. Their preference for competitive bidding suggests they are committed to fair and transparent processes, which can help ensure good value for taxpayer money. However, the lack of recent contracts and the absence of specific agency clients make it challenging to assess their overall value to taxpayers. A more detailed analysis of their performance and client satisfaction would be necessary to fully evaluate their value.

Agency Relationships

KOORSEN FIRE & SECURITY INC has not engaged with any specific government agencies, making it difficult to assess their relationship with federal clients. The lack of agency concentration suggests a diverse portfolio, but the absence of recent contracts and the absence of specific agency clients may indicate a need to strengthen their relationships with federal agencies. This could pose a risk if the company becomes overly dependent on a single agency, which could lead to instability in their business.

Red Flags

• No recent contracts: The lack of recent wins may indicate a need to reassess their market positioning and client engagement strategies.
• No specific agency clients: The absence of specific agency clients makes it challenging to assess their relationship with federal clients and their dependency patterns.
• No sole-source contracts: The company's preference for competitive bidding may limit their ability to secure contracts quickly, which could be a disadvantage in certain situations.

Green Flags

• Consistent competitive wins: Their strong track record of winning contracts through competition suggests they hold a competitive advantage in their area of expertise.
• Diverse portfolio: The company's preference for competitive bidding and the absence of sole-source contracts indicate a diverse portfolio, which can help mitigate risks.
• Core capabilities: KOORSEN FIRE & SECURITY INC specializes in essential fire and security services, which are crucial for federal facilities.

Key Contracts

KOORSEN FIRE & SECURITY INC has a total of four contracts with a combined value of $308,460.16. The company has not engaged in any sole-source contracts, indicating a preference for competitive bidding. The average contract size is $77,115, which is relatively small compared to the overall federal contracting landscape. While the company has not won any recent contracts, their track record of winning competitive bids suggests they are well-positioned to secure future contracts. The lack of specific agency clients and recent wins may indicate a need to reassess their market positioning and client engagement strategies. Their core capabilities in fire protection systems, security systems, alarm systems, fire detection and suppression, and security consulting are essential for federal facilities, and their consistent competitive wins suggest they are well-equipped to provide these services.

Frequently Asked Questions

Recent Federal Contracts

Koorsen Fire & Security Inc has 2 federal contracts on record. Below are the largest awards:

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