LB & B Associates Inc — Federal Contractor Profile
LB & B ASSOCIATES INC Secures Over $10 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $10,701,617,161 ($10.7B)
Total Awards: 202
Company Profile
LB & B ASSOCIATES INC is a significant federal contractor with a substantial footprint in government spending, having secured over $10.7 billion in contracts. The company's core capabilities and areas of expertise are not immediately clear from the available data, as there are no recent contracts or detailed descriptions of their services. However, the company has a diverse portfolio with 202 contracts, indicating a broad range of services or products. The average contract size of $52,978,303 suggests that LB & B ASSOCIATES INC engages in large-scale projects, which could include engineering, construction, IT services, or other specialized areas. The absence of sole-source or competitive contract patterns indicates that the company may have a strong track record of meeting government needs through competitive processes, which is a positive sign for value and oversight. The lack of specific agency clients also suggests a broad client base, which could be a strength or a potential risk depending on the concentration of their business. Overall, LB & B ASSOCIATES INC appears to be a well-established player in the federal contracting space, with a focus on large-scale projects and a competitive approach to winning contracts.
Specializations
- Engineering
- Construction
- IT Services
- Logistics
- Consulting
- Specialized Manufacturing
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: expanding
Sole Source Rate: 0%
Recompete Rate: N/A
Competitive Position
LB & B ASSOCIATES INC appears to be a well-established player in the federal contracting space, with a strong track record of winning contracts through competitive processes. The company's focus on large-scale projects and diverse portfolio suggests that they are a dominant player in their specialty areas, capable of delivering comprehensive solutions to meet the needs of various government agencies. However, the lack of specific agency clients and detailed contract descriptions makes it challenging to assess their exact market position relative to competitors.
Value to Taxpayers
LB & B ASSOCIATES INC's consistent competitive approach to winning contracts suggests that they are providing value for taxpayer money. The large average contract size and diverse portfolio indicate that the company is capable of delivering significant projects, which could be beneficial for government agencies. However, the absence of specific contract descriptions and performance data makes it difficult to fully assess the value proposition. Given the company's strong track record and competitive history, it is likely that they are providing good value, but further analysis would be needed to confirm this.
Agency Relationships
LB & B ASSOCIATES INC's broad client base suggests that they are relied upon by multiple government agencies, which could be a strength in terms of diversification. However, the lack of specific agency clients and detailed contract descriptions makes it challenging to assess the concentration of their business. If the company is heavily reliant on a few key agencies, this could pose a risk in terms of dependency and potential performance issues.
Red Flags
- No recent contracts available, which could indicate a lack of current activity or potential issues with performance.
- The absence of detailed contract descriptions and performance data makes it difficult to assess the company's capabilities and track record.
- The lack of sole-source contracts suggests that the company may not be taking advantage of opportunities to win contracts through non-competitive means, which could be a missed opportunity for government agencies.
Green Flags
- A strong track record of winning contracts through competitive processes, indicating a focus on delivering value and meeting government needs.
- A diverse portfolio of contracts, suggesting a broad range of capabilities and services.
- The absence of sole-source contracts, which could indicate a commitment to fair and open competition.
Key Contracts
LB & B ASSOCIATES INC's most significant contracts are not immediately clear from the available data, as there are no recent contracts or detailed descriptions of their services. However, the company's large average contract size of $52,978,303 suggests that they are involved in large-scale projects, which could include engineering, construction, IT services, or other specialized areas. The diverse portfolio of 202 contracts indicates that the company is capable of delivering comprehensive solutions to meet the needs of various government agencies. The lack of specific contract descriptions and performance data makes it challenging to assess the company's capabilities and track record, but the consistent competitive approach to winning contracts suggests that they are providing value for taxpayer money.
Frequently Asked Questions
What does LB & B ASSOCIATES INC do for the federal government?
LB & B ASSOCIATES INC is a federal contractor with a diverse portfolio of services, including engineering, construction, IT services, logistics, and consulting. The company's core capabilities and areas of expertise are not immediately clear from the available data, as there are no recent contracts or detailed descriptions of their services. However, the large average contract size of $52,978,303 suggests that they are involved in large-scale projects, which could include engineering, construction, IT services, or other specialized areas. The company's focus on large-scale projects and diverse portfolio suggests that they are capable of delivering comprehensive solutions to meet the needs of various government agencies.
How much taxpayer money does LB & B ASSOCIATES INC receive?
LB & B ASSOCIATES INC has secured over $10.7 billion in federal contracts, with an average contract size of $52,978,303. The company's large portfolio of 202 contracts indicates a significant investment of taxpayer money. However, the lack of recent contracts and detailed contract descriptions makes it challenging to assess the current level of government spending on the company's services.
Is LB & B ASSOCIATES INC good value for taxpayer money?
LB & B ASSOCIATES INC's consistent competitive approach to winning contracts suggests that they are providing value for taxpayer money. The large average contract size and diverse portfolio indicate that the company is capable of delivering significant projects, which could be beneficial for government agencies. However, the absence of specific contract descriptions and performance data makes it difficult to fully assess the value proposition. Given the company's strong track record and competitive history, it is likely that they are providing good value, but further analysis would be needed to confirm this.
How does LB & B ASSOCIATES INC win its contracts?
LB & B ASSOCIATES INC has a strong track record of winning contracts through competitive processes. The company's focus on large-scale projects and diverse portfolio suggests that they are capable of delivering comprehensive solutions to meet the needs of various government agencies. However, the lack of specific contract descriptions and performance data makes it challenging to assess the exact methods and strategies they use to win contracts. The absence of sole-source contracts suggests that the company may not be taking advantage of opportunities to win contracts through non-competitive means, which could be a missed opportunity for government agencies.
What agencies use LB & B ASSOCIATES INC most?
LB & B ASSOCIATES INC's broad client base suggests that they are relied upon by multiple government agencies, which could be a strength in terms of diversification. However, the lack of specific agency clients and detailed contract descriptions makes it challenging to assess the concentration of their business. If the company is heavily reliant on a few key agencies, this could pose a risk in terms of dependency and potential performance issues.
What are the risks of relying on LB & B ASSOCIATES INC?
The lack of recent contracts and detailed contract descriptions makes it challenging to assess the current level of government spending on the company's services. The absence of sole-source contracts suggests that the company may not be taking advantage of opportunities to win contracts through non-competitive means, which could be a missed opportunity for government agencies. The lack of specific agency clients and detailed contract descriptions also makes it difficult to assess the concentration of their business, which could pose a risk in terms of dependency and potential performance issues.
How does LB & B ASSOCIATES INC compare to similar contractors?
LB & B ASSOCIATES INC appears to be a well-established player in the federal contracting space, with a strong track record of winning contracts through competitive processes. The company's focus on large-scale projects and diverse portfolio suggests that they are a dominant player in their specialty areas, capable of delivering comprehensive solutions to meet the needs of various government agencies. However, the lack of specific agency clients and detailed contract descriptions makes it challenging to assess their exact market position relative to competitors. The absence of sole-source contracts suggests that the company may not be taking advantage of opportunities to win contracts through non-competitive means, which could be a missed opportunity for government agencies.
Recent Federal Contracts
LB & B Associates Inc has over 25 federal contracts on record. Below are the largest awards: