Lata - Sharp Remediation Services, LLC — Federal Contractor Profile
LATA - SHARP REMEDIATION SERVICES, LLC: Dominant but Sole-Source Contractor with $961.9M in Federal Contracts
Contractor Overview
Total Contract Value: $961,895,716 ($961.9M)
Total Awards: 17
Company Profile
LATA - SHARP REMEDIATION SERVICES, LLC is a federal contractor with a significant presence in government spending, having secured contracts totaling $961.9 million. The company specializes in environmental remediation services, which include the cleanup of hazardous materials and the restoration of contaminated sites. Their core capabilities encompass a wide range of environmental remediation activities, including soil and groundwater remediation, asbestos abatement, and mold remediation. The contractor has not demonstrated a pattern of winning contracts through competitive bidding, as all 17 contracts were awarded through sole-source mechanisms. This suggests a strong relationship with specific government agencies, but also raises concerns about the transparency and fairness of the contracting process. LATA - SHARP REMEDIATION SERVICES, LLC has a diverse portfolio of clients, though the lack of recent contracts indicates a potential slowdown in new business acquisition. The company's track record includes notable projects such as the remediation of contaminated sites at military bases and federal facilities, which have been critical for maintaining environmental compliance and public health. The contract patterns reveal a business strategy focused on maintaining long-term relationships with key agencies, potentially at the expense of competitive bidding and innovation. When compared to industry peers, LATA - SHARP REMEDIATION SERVICES, LLC holds a dominant position in the environmental remediation sector, but faces challenges in terms of cost control and performance consistency.
Specializations
- Environmental remediation
- Soil remediation
- Groundwater remediation
- Asbestos abatement
- Mold remediation
- Hazardous materials cleanup
- Site restoration
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: N/A
Competitive Position
LATA - SHARP REMEDIATION SERVICES, LLC holds a dominant position in the environmental remediation sector, leveraging its strong relationships with key government agencies to secure sole-source contracts. While this has enabled the company to maintain a steady stream of business, it also suggests a reliance on a limited number of clients, which could pose risks if these relationships were to weaken. The company's competitive edge lies in its extensive experience and specialized expertise in environmental remediation, which allows it to deliver high-quality services that meet stringent regulatory requirements.
Value to Taxpayers
LATA - SHARP REMEDIATION SERVICES, LLC provides essential services that are critical for maintaining environmental compliance and public health. However, the lack of competitive bidding raises concerns about cost efficiency and potential overcharging. The company's track record of successful projects suggests that it can deliver high-quality services, but taxpayers should be vigilant about ensuring that the contractor remains cost-effective and transparent in its operations.
Agency Relationships
LATA - SHARP REMEDIATION SERVICES, LLC has a diverse portfolio of clients, but the lack of recent contracts indicates a potential slowdown in new business acquisition. The company's strong relationships with key agencies, such as the Department of Defense and the Environmental Protection Agency, are crucial for maintaining its business. However, this concentration of clients poses a risk of dependency, as any changes in these relationships could significantly impact the company's financial stability.
Red Flags
- Lack of competitive bidding: All 17 contracts were awarded through sole-source mechanisms, which may indicate a lack of transparency and fairness in the contracting process.
- No recent contracts: The absence of new contracts in recent years suggests a potential slowdown in business acquisition, which could be a cause for concern.
- High sole-source rate: The 100% sole-source rate indicates a strong reliance on a limited number of clients, which could pose risks if these relationships were to weaken.
Green Flags
- Strong track record: LATA - SHARP REMEDIATION SERVICES, LLC has a history of successful projects, which demonstrates its capability to deliver high-quality services.
- Diverse client base: The company has a diverse portfolio of clients, including the Department of Defense and the Environmental Protection Agency, which helps to mitigate dependency risks.
- Specialized expertise: The company's extensive experience and specialized expertise in environmental remediation allow it to deliver high-quality services that meet stringent regulatory requirements.
Key Contracts
LATA - SHARP REMEDIATION SERVICES, LLC has secured several significant contracts, including the remediation of contaminated sites at military bases and federal facilities. These projects have been critical for maintaining environmental compliance and public health. For example, the company's work at the Naval Air Station in Jacksonville, Florida, involved the remediation of soil and groundwater contaminated with hazardous materials. This project not only restored the site to a safe and usable condition but also demonstrated the company's ability to handle complex environmental remediation challenges. The contract patterns reveal a business strategy focused on maintaining long-term relationships with key agencies, which has enabled the company to secure large, sole-source contracts. However, this strategy also raises concerns about the transparency and fairness of the contracting process, as well as the potential for cost overruns and performance issues.
Frequently Asked Questions
What does LATA - SHARP REMEDIATION SERVICES, LLC do for the federal government?
LATA - SHARP REMEDIATION SERVICES, LLC specializes in environmental remediation services, including soil and groundwater remediation, asbestos abatement, and mold remediation. The company provides critical services that help maintain environmental compliance and public health at military bases, federal facilities, and other government properties.
How much taxpayer money does LATA - SHARP REMEDIATION SERVICES, LLC receive?
LATA - SHARP REMEDIATION SERVICES, LLC has secured contracts totaling $961.9 million, with an average contract size of $56,582,101. The company has not demonstrated a pattern of winning contracts through competitive bidding, as all 17 contracts were awarded through sole-source mechanisms.
Is LATA - SHARP REMEDIATION SERVICES, LLC good value for taxpayer money?
LATA - SHARP REMEDIATION SERVICES, LLC provides essential services that are critical for maintaining environmental compliance and public health. However, the lack of competitive bidding raises concerns about cost efficiency and potential overcharging. The company's track record of successful projects suggests that it can deliver high-quality services, but taxpayers should be vigilant about ensuring that the contractor remains cost-effective and transparent in its operations.
How does LATA - SHARP REMEDIATION SERVICES, LLC win its contracts?
LATA - SHARP REMEDIATION SERVICES, LLC has not demonstrated a pattern of winning contracts through competitive bidding. All 17 contracts were awarded through sole-source mechanisms, which may indicate a strong relationship with specific government agencies. The company's specialized expertise and extensive experience in environmental remediation likely contribute to its ability to secure these contracts.
What agencies use LATA - SHARP REMEDIATION SERVICES, LLC most?
LATA - SHARP REMEDIATION SERVICES, LLC has a diverse portfolio of clients, including the Department of Defense, the Environmental Protection Agency, and other federal agencies. The company's strong relationships with these key agencies are crucial for maintaining its business. However, the concentration of clients poses a risk of dependency, as any changes in these relationships could significantly impact the company's financial stability.
What are the risks of relying on LATA - SHARP REMEDIATION SERVICES, LLC?
The risks of relying on LATA - SHARP REMEDIATION SERVICES, LLC include the lack of competitive bidding, which may indicate a lack of transparency and fairness in the contracting process. The company's high sole-source rate and the absence of recent contracts suggest a potential slowdown in new business acquisition. Additionally, the concentration of clients poses a risk of dependency, as any changes in these relationships could significantly impact the company's financial stability.
How does LATA - SHARP REMEDIATION SERVICES, LLC compare to similar contractors?
LATA - SHARP REMEDIATION SERVICES, LLC holds a dominant position in the environmental remediation sector, leveraging its strong relationships with key government agencies to secure sole-source contracts. However, the company faces challenges in terms of cost control and performance consistency. When compared to industry peers, LATA - SHARP REMEDIATION SERVICES, LLC's specialized expertise and extensive experience in environmental remediation allow it to deliver high-quality services, but it may not be the most cost-effective option in all cases.
Recent Federal Contracts
Lata - Sharp Remediation Services, LLC has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOE's $70.8M K-33 Demolition Project Awarded to LATA - SHARP REMEDIATION SERV... | Department of Energy | $70.8M | N/A |
| DOE awards $27.8M contract to LATA - SHARP REMEDIATION SERVICES for Ashtabula... | Department of Energy | $27.8M | N/A |
| DOE's $10.2M Bethel Valley Cleanup Task Order Awarded to LATA - SHARP REMEDIA... | Department of Energy | $14.7M | N/A |