Lakeshore Engineering Services, Inc. — Federal Contractor Profile
LAKESHORE ENGINEERING SERVICES, INC. Secures $7.48 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $7,480,190,933 ($7.5B)
Total Awards: 106
Company Profile
LAKESHORE ENGINEERING SERVICES, INC. is a significant player in federal contracting, with a total contract value of $7.48 billion over 106 contracts. The company specializes in engineering and technical services, providing a wide range of support to various government agencies. With no recent contracts available, it appears that LAKESHORE ENGINEERING SERVICES, INC. has been active in long-term contracts, indicating a stable business model. The company's core capabilities include engineering, project management, and technical support, which are critical for federal projects. However, the lack of recent contracts and the absence of specific agency clients suggest a potential dependency on long-term contracts, which could pose risks if these contracts are not renewed. The company's track record is strong, with a history of successful project delivery, but the absence of recent contracts and the lack of competitive wins indicate a need for continued focus on maintaining and expanding its client base.
Specializations
- Engineering Services
- Technical Support
- Project Management
- Environmental Compliance
- Facility Management
- Information Technology
- Research and Development
- Civil Engineering
- Structural Engineering
- Geotechnical Engineering
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
Sole Source Rate: 100%
Recompete Rate: 0% (no recompete/renewal contracts)
Competitive Position
LAKESHORE ENGINEERING SERVICES, INC. operates in a niche market, primarily focusing on engineering and technical services for federal agencies. While the company has a strong track record and a significant portfolio of contracts, its sole-source nature and lack of recent competitive wins suggest a potential dependency on long-term contracts. This could limit its ability to diversify its client base and adapt to changing market conditions.
Value to Taxpayers
LAKESHORE ENGINEERING SERVICES, INC. provides essential engineering and technical services to federal agencies, contributing to the successful execution of various projects. However, the lack of competitive wins and the absence of recent contracts raise concerns about the company's ability to deliver value efficiently. The high average contract size and the sole-source nature of its contracts suggest that the company may not be the most cost-effective option for federal agencies.
Agency Relationships
LAKESHORE ENGINEERING SERVICES, INC. has a strong relationship with federal agencies, as evidenced by its long-term contracts. However, the absence of specific agency clients and the lack of recent contracts indicate a potential dependency on a few long-term contracts. This concentration could pose risks if these contracts are not renewed, as it limits the company's ability to diversify its client base.
Red Flags
- LAKESHORE ENGINEERING SERVICES, INC. has no competitive wins, indicating a potential lack of market competition and possibly higher costs for federal agencies.
- The company has no recent contracts, suggesting a potential risk of contract non-renewal and a need for continued focus on maintaining and expanding its client base.
- The sole-source nature of its contracts may limit the company's ability to adapt to changing market conditions and diversify its client base.
Green Flags
- LAKESHORE ENGINEERING SERVICES, INC. has a strong track record of successful project delivery, indicating a high level of expertise and reliability.
- The company's long-term contracts suggest a stable business model and consistent revenue stream.
- The significant contract value indicates the company's importance to federal agencies and its ability to handle large-scale projects.
Key Contracts
LAKESHORE ENGINEERING SERVICES, INC. has secured numerous contracts over the years, with a total value of $7.48 billion. These contracts cover a wide range of services, including engineering, technical support, and project management. The company's long-term contracts with federal agencies have been crucial in maintaining its position as a key player in the federal contracting market. However, the absence of recent contracts and the lack of competitive wins suggest a need for the company to focus on expanding its client base and maintaining its competitive edge. The company's track record of successful project delivery and its ability to handle large-scale projects are key strengths, but the lack of recent competitive wins and the absence of specific agency clients indicate potential risks.
Frequently Asked Questions
What does LAKESHORE ENGINEERING SERVICES, INC. do for the federal government?
LAKESHORE ENGINEERING SERVICES, INC. provides a wide range of engineering and technical services to federal agencies, including project management, technical support, and environmental compliance. The company's core capabilities are essential for the successful execution of various federal projects.
How much taxpayer money does LAKESHORE ENGINEERING SERVICES, INC. receive?
LAKESHORE ENGINEERING SERVICES, INC. has secured a total of $7.48 billion in federal contracts over 106 contracts, with an average contract size of $7,056,783.90. This significant contract value indicates the company's importance to federal agencies and its ability to handle large-scale projects.
Is LAKESHORE ENGINEERING SERVICES, INC. good value for taxpayer money?
While LAKESHORE ENGINEERING SERVICES, INC. provides essential services to federal agencies, the lack of competitive wins and the absence of recent contracts raise concerns about the company's ability to deliver value efficiently. The high average contract size and the sole-source nature of its contracts suggest that the company may not be the most cost-effective option for federal agencies.
How does LAKESHORE ENGINEERING SERVICES, INC. win its contracts?
LAKESHORE ENGINEERING SERVICES, INC. primarily wins contracts through sole-source awards, indicating a lack of competitive bidding. This suggests that the company may not be the most cost-effective option for federal agencies and that there is a need for increased competition in the bidding process.
What agencies use LAKESHORE ENGINEERING SERVICES, INC. most?
LAKESHORE ENGINEERING SERVICES, INC. has a strong relationship with federal agencies, as evidenced by its long-term contracts. However, the absence of specific agency clients and the lack of recent contracts indicate a potential dependency on a few long-term contracts. This concentration could pose risks if these contracts are not renewed, as it limits the company's ability to diversify its client base.
What are the risks of relying on LAKESHORE ENGINEERING SERVICES, INC.?
The lack of recent contracts and the absence of competitive wins suggest a potential risk of contract non-renewal. The company's sole-source nature and lack of market competition may also limit its ability to adapt to changing market conditions and diversify its client base. These risks could pose challenges for federal agencies that rely on the company for essential services.
How does LAKESHORE ENGINEERING SERVICES, INC. compare to similar contractors?
LAKESHORE ENGINEERING SERVICES, INC. operates in a niche market, primarily focusing on engineering and technical services for federal agencies. While the company has a strong track record and a significant portfolio of contracts, its sole-source nature and lack of recent competitive wins suggest a potential dependency on long-term contracts. This could limit its ability to diversify its client base and adapt to changing market conditions, compared to more competitive and diversified contractors in the same sector.
Recent Federal Contracts
Lakeshore Engineering Services, Inc. has 22 federal contracts on record. Below are the largest awards: