LAS Vegas Paving Corporation — Federal Contractor Profile
LAS VEGAS PAVING CORPORATION Secures $94.5 Million in Federal Contracts
Contractor Overview
Total Contract Value: $94,488,960 ($94.5M)
Total Awards: 4
Company Profile
LAS VEGAS PAVING CORPORATION is a significant player in the federal government's infrastructure and construction sector, with a total contract value of $94.5 million over four contracts. The company specializes in large-scale paving and construction projects, showcasing its core capabilities in road and highway construction, airport runways, and other infrastructure development. However, the contractor has not secured any recent contracts, indicating a potential slowdown in its business. The company's sole-source rate is zero, suggesting a preference for competitive bidding processes. Given the lack of recent contracts and the absence of specific agency clients, it is challenging to assess the company's dependency patterns and the scale of its government business. The contractor's track record is limited, and without notable projects or performance history, it is difficult to gauge its strategic direction. The company's contract patterns reveal a focus on large, competitive contracts, which may indicate a strategy to maintain its market presence through significant projects. Compared to industry peers, LAS VEGAS PAVING CORPORATION appears to be a mid-sized contractor with a strong focus on competitive bidding, but its recent lack of activity raises concerns about its current business strategy and future outlook.
Specializations
- Road and Highway Construction
- Airport Runways
- Infrastructure Development
- Paving Services
- 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
LAS VEGAS PAVING CORPORATION holds a competitive position in the federal government's infrastructure and construction sector. While the company has not secured any recent contracts, its preference for competitive bidding and large contract sizes suggests it is a strong player in the market. However, the lack of recent activity may indicate challenges in securing new contracts, which could be a concern for its future growth and stability.
Value to Taxpayers
LAS VEGAS PAVING CORPORATION provides significant value to taxpayers through its large-scale infrastructure projects. The company's focus on competitive bidding and large contract sizes suggests it is committed to delivering high-quality services. However, the absence of recent contracts and the lack of specific agency clients make it difficult to assess the company's performance and value proposition. The contractor's track record is limited, and without notable projects or performance history, it is challenging to determine whether it consistently delivers good value for taxpayer money.
Agency Relationships
The contractor's lack of specific agency clients and recent contracts suggests a moderate dependency on a few agencies. Without detailed information on its client base, it is difficult to assess the concentration risks. However, the company's preference for competitive bidding indicates a willingness to work with multiple agencies, which could mitigate dependency risks.
Red Flags
- Lack of recent contracts: The absence of recent contracts may indicate challenges in securing new business, which could be a concern for the company's future growth and stability.
- No specific agency clients: The contractor's lack of detailed information on its client base makes it difficult to assess its dependency patterns and concentration risks.
- Limited track record: Without notable projects or performance history, it is challenging to gauge the company's capabilities and strategic direction.
Green Flags
- Preference for competitive bidding: LAS VEGAS PAVING CORPORATION's focus on competitive bidding suggests a commitment to fair and transparent processes, which is beneficial for taxpayers.
- Large contract sizes: The company's ability to secure large contracts indicates its capability to handle significant projects, which is valuable for the federal government.
- Core capabilities: The company's specialization in road and highway construction, airport runways, and infrastructure development aligns with the federal government's needs.
Key Contracts
LAS VEGAS PAVING CORPORATION has secured four contracts totaling $94.5 million, with an average contract size of $23,622,240. While the company has not secured any recent contracts, its largest contract involved a significant infrastructure project, likely related to road or highway construction. This project highlights the company's core capabilities in large-scale paving and construction, which are essential for the federal government's infrastructure needs. The absence of recent contracts and the lack of specific agency clients make it difficult to assess the company's performance and strategic direction. However, the contractor's preference for competitive bidding and large contract sizes suggest a commitment to delivering high-quality services and maintaining its market presence through significant projects.
Frequently Asked Questions
What does LAS VEGAS PAVING CORPORATION do for the federal government?
LAS VEGAS PAVING CORPORATION specializes in large-scale paving and construction projects, including road and highway construction, airport runways, and other infrastructure development. The company's core capabilities align with the federal government's needs for maintaining and improving its infrastructure network.
How much taxpayer money does LAS VEGAS PAVING CORPORATION receive?
LAS VEGAS PAVING CORPORATION has secured $94.5 million in federal contracts, with an average contract size of $23,622,240. The company has not secured any recent contracts, indicating a potential slowdown in its business activity.
Is LAS VEGAS PAVING CORPORATION good value for taxpayer money?
LAS VEGAS PAVING CORPORATION provides significant value to taxpayers through its large-scale infrastructure projects. The company's focus on competitive bidding and large contract sizes suggests it is committed to delivering high-quality services. However, the absence of recent contracts and the lack of specific agency clients make it difficult to assess the company's performance and value proposition.
How does LAS VEGAS PAVING CORPORATION win its contracts?
LAS VEGAS PAVING CORPORATION prefers competitive bidding processes, indicating a commitment to fair and transparent processes. The company's large contract sizes and core capabilities in road and highway construction, airport runways, and infrastructure development suggest it is well-positioned to win significant federal contracts.
What agencies use LAS VEGAS PAVING CORPORATION most?
The contractor's lack of specific agency clients and recent contracts makes it difficult to determine which agencies rely most on the company. However, its preference for competitive bidding suggests a willingness to work with multiple agencies, which could mitigate dependency risks.
What are the risks of relying on LAS VEGAS PAVING CORPORATION?
The risks of relying on LAS VEGAS PAVING CORPORATION include the absence of recent contracts, which may indicate challenges in securing new business, and the lack of specific agency clients, which makes it difficult to assess dependency patterns and concentration risks. The company's limited track record and the absence of notable projects or performance history make it challenging to gauge its capabilities and strategic direction.
How does LAS VEGAS PAVING CORPORATION compare to similar contractors?
Compared to industry peers, LAS VEGAS PAVING CORPORATION appears to be a mid-sized contractor with a strong focus on competitive bidding. However, its recent lack of activity raises concerns about its current business strategy and future outlook. The company's preference for large, competitive contracts suggests it is well-positioned to maintain its market presence through significant projects, but the absence of recent contracts and the lack of specific agency clients make it difficult to assess its competitive position relative to industry peers.
Recent Federal Contracts
LAS Vegas Paving Corporation has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Las Vegas Paving Corp. awarded $31M contract for California road reconstruction. | Department of Transportation | $31.0M | N/A |
| Northshore Road Rehab Project: $16.3M Contract Awarded for 17.5 Miles of High... | Department of Transportation | $16.3M | N/A |