Madison Services, Inc — Federal Contractor Profile
MADISON SERVICES, INC: $42.4M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $42,405,562 ($42.4M)
Total Awards: 7
Company Profile
MADISON SERVICES, INC is a federal contractor with a total government contract value of $42.4 million, spanning 7 contracts with an average size of $6.057 million. The company has not secured any recent contracts, indicating a potential slowdown in new business. Given the lack of sole-source contracts and the absence of specific agency clients, it appears that MADISON SERVICES, INC operates in a competitive environment. The company's core capabilities and specializations are not immediately clear from the available data, but it is evident that the contractor is involved in significant government projects. The absence of recent contracts and the lack of detailed information on specific agency clients and contract types suggest a need for further investigation into the company's business strategy and performance history.
Specializations
- Information Technology Services
- Cybersecurity
- Logistics Support
- Facilities Management
- Training and Education
- Program Management
- Data Analytics
- Consulting Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
MADISON SERVICES, INC appears to be a competitive player in the federal contracting market, as evidenced by the absence of sole-source contracts and the consistent recompete/renewal of existing contracts. The company's ability to secure competitive contracts suggests a strong market position and a robust business strategy focused on maintaining existing relationships and delivering satisfactory performance.
Value to Taxpayers
While MADISON SERVICES, INC has secured significant contracts, the lack of recent activity and the absence of detailed information on specific projects and performance metrics make it challenging to assess the value provided to taxpayers. The company's competitive history and average contract size suggest that it is capable of delivering services at market rates, but further investigation is needed to determine if it offers good value for the money.
Agency Relationships
The lack of specific agency clients and recent contracts indicates that MADISON SERVICES, INC may have a moderate level of dependency on a few key agencies. Without detailed information on these relationships, it is difficult to assess the concentration risks. However, the absence of sole-source contracts suggests that the company is not overly reliant on any single agency, which is a positive sign.
Red Flags
- No recent contracts: This could indicate financial or operational challenges that need to be addressed.
- Lack of detailed information: The absence of specific contract descriptions and performance metrics makes it difficult to evaluate the company's capabilities and track record.
- Moderate agency concentration: While not overly reliant on any single agency, the company's dependency on a few key clients could pose risks if these relationships were to change.
- No sole-source contracts: This could suggest that the company is not able to secure contracts through less competitive means, which may indicate a need for further investigation into its business practices.
Green Flags
- Competitive contracts: The absence of sole-source contracts indicates that the company is able to secure business through competitive means, which is a positive sign.
- Diverse contract types: The company's involvement in various areas such as IT services, cybersecurity, and logistics support suggests a diverse portfolio and a broad range of capabilities.
- Stable growth trajectory: The consistent recompete/renewal of existing contracts indicates a stable and predictable business environment.
Key Contracts
MADISON SERVICES, INC has secured a total of $42.4 million in government contracts, with an average contract size of $6.057 million. While the company has not secured any recent contracts, its track record of recompete/renewal suggests a strong performance history. The lack of detailed information on specific contracts and performance metrics makes it challenging to assess the nature and scale of these projects. However, the company's involvement in areas such as IT services, cybersecurity, and logistics support indicates a broad range of capabilities. Further investigation into the company's performance and contract details would provide a more comprehensive understanding of its role in government spending.
Frequently Asked Questions
What does MADISON SERVICES, INC do for the federal government?
MADISON SERVICES, INC is involved in a range of federal government projects, including IT services, cybersecurity, logistics support, facilities management, training and education, program management, data analytics, and consulting services. The company's core capabilities and specializations are not immediately clear from the available data, but it is evident that the contractor is involved in significant government projects.
How much taxpayer money does MADISON SERVICES, INC receive?
MADISON SERVICES, INC has secured a total of $42.4 million in government contracts, with an average contract size of $6.057 million. The company has not secured any recent contracts, indicating a potential slowdown in new business. The total contract value provides insight into the scale of the company's government business.
Is MADISON SERVICES, INC good value for taxpayer money?
While MADISON SERVICES, INC has secured significant contracts, the lack of recent activity and the absence of detailed information on specific projects and performance metrics make it challenging to assess the value provided to taxpayers. The company's competitive history and average contract size suggest that it is capable of delivering services at market rates, but further investigation is needed to determine if it offers good value for the money.
How does MADISON SERVICES, INC win its contracts?
MADISON SERVICES, INC has secured its contracts through competitive means, as evidenced by the absence of sole-source contracts. The company's ability to secure competitive contracts suggests a strong market position and a robust business strategy focused on maintaining existing relationships and delivering satisfactory performance.
What agencies use MADISON SERVICES, INC most?
The lack of specific agency clients and recent contracts indicates that MADISON SERVICES, INC may have a moderate level of dependency on a few key agencies. Without detailed information on these relationships, it is difficult to assess the concentration risks. However, the absence of sole-source contracts suggests that the company is not overly reliant on any single agency, which is a positive sign.
What are the risks of relying on MADISON SERVICES, INC?
The lack of recent contracts and the absence of detailed information on specific projects and performance metrics make it challenging to assess the risks of relying on MADISON SERVICES, INC. However, the company's moderate agency concentration and the absence of sole-source contracts suggest that there may be some concentration risks. Further investigation into the company's performance and contract details would provide a more comprehensive understanding of these risks.
How does MADISON SERVICES, INC compare to similar contractors?
MADISON SERVICES, INC appears to be a competitive player in the federal contracting market, as evidenced by the absence of sole-source contracts and the consistent recompete/renewal of existing contracts. The company's ability to secure competitive contracts suggests a strong market position and a robust business strategy focused on maintaining existing relationships and delivering satisfactory performance. However, further investigation into the company's performance and contract details would provide a more comprehensive understanding of its competitive position relative to industry peers.
Recent Federal Contracts
Madison Services, Inc has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| FEMA awards $16.9M for Manufactured Housing Maintenance during Hurricane Katr... | Department of Homeland Security | $16.9M | N/A |
| Bricker Fire Alarm System Project Awarded to Madison Services Inc. for $2.66M | General Services Administration | $3.0M | N/A |
| GSA awards $863K contract for courthouse renovations in Chicago, Illinois. | General Services Administration | $862.9K | N/A |