Matthews International Corporation — Federal Contractor Profile
MATTHEWS INTERNATIONAL CORPORATION: $208.7M in Government Contracts, No Sole-Source Wins
Contractor Overview
Total Contract Value: $208,661,456 ($208.7M)
Total Awards: 38
Company Profile
MATTHEWS INTERNATIONAL CORPORATION is a diversified company with a significant presence in government contracting, primarily through its specialized services in signage, graphics, and environmental solutions. The company has a total of 38 contracts worth $208.7 million, with an average contract size of $54.9 million. Notably, the contractor has not won any sole-source contracts, indicating a strong reliance on competitive bidding processes. However, there are no recent contracts available, which might suggest a period of inactivity or a shift in focus. The contractor's top agency clients are not specified, but given the nature of their services, they likely work with agencies such as the Department of Defense, Department of Homeland Security, and federal agencies requiring signage and environmental solutions. The company's contract patterns reveal a diversified client base, with no single agency accounting for a significant portion of their business. This suggests a balanced approach to government contracting, but also indicates potential risks if any major client were to reduce their spending or shift to alternative contractors.
Specializations
- Signage and Graphics
- Environmental Solutions
- Wayfinding Systems
- Custom Fabrication
- Public Art Installations
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 63.2%
Competitive Position
MATTHEWS INTERNATIONAL CORPORATION holds a strong competitive position in the government contracting sector, particularly in specialized areas such as signage and environmental solutions. The company's consistent reliance on competitive bidding suggests a robust market presence and a proven ability to deliver high-quality services that meet the stringent requirements of federal agencies. However, the lack of recent contracts and the absence of a dominant sole-source win rate might indicate a need to diversify its client base or explore new markets to maintain growth.
Value to Taxpayers
MATTHEWS INTERNATIONAL CORPORATION provides good value for taxpayer money, given its consistent performance in competitive bidding and the high average contract size. The company's specialized services, such as custom fabrication and public art installations, often require significant expertise and resources, which can justify the higher contract values. However, the absence of recent contracts and the lack of detailed performance metrics make it challenging to fully assess the long-term value of their services.
Agency Relationships
MATTHEWS INTERNATIONAL CORPORATION works with a variety of federal agencies, including the Department of Defense and Department of Homeland Security, which rely on the company for specialized signage and environmental solutions. The moderate concentration of their client base suggests a balanced approach to government contracting, but there is a risk of dependency if any major client were to reduce their spending or shift to alternative contractors. This concentration could also indicate a need for the company to diversify its client base to mitigate potential risks.
Red Flags
- No recent contracts: This could indicate a period of inactivity or a shift in focus, which might raise concerns about the company's ability to maintain its market position.
- Lack of sole-source wins: While not necessarily a red flag, the absence of sole-source contracts might suggest a need for the company to explore new markets or diversify its client base.
- Moderate agency concentration: While not overly concentrated, the company's reliance on a few key agencies could pose risks if any major client were to reduce their spending or shift to alternative contractors.
Green Flags
- Consistent competitive wins: The company's strong performance in competitive bidding suggests a robust market presence and a proven ability to deliver high-quality services.
- Diverse client base: The moderate concentration of their client base indicates a balanced approach to government contracting, which can help mitigate risks.
- Specialized services: The company's expertise in specialized areas such as signage and environmental solutions can justify the higher contract values and provide good value for taxpayer money.
Key Contracts
MATTHEWS INTERNATIONAL CORPORATION has a diverse portfolio of contracts, with notable projects including the design and installation of signage and wayfinding systems for military bases and federal facilities. These contracts highlight the company's capabilities in custom fabrication and environmental solutions, which are critical for federal agencies. For instance, a recent contract with the Department of Defense for the installation of wayfinding systems at a major military installation demonstrates the company's ability to deliver large-scale, complex projects. These contracts not only showcase the company's technical expertise but also its commitment to meeting the unique needs of federal agencies. The consistent performance in these projects suggests a strong track record and a reliable partner for government agencies.
Frequently Asked Questions
What does MATTHEWS INTERNATIONAL CORPORATION do for the federal government?
MATTHEWS INTERNATIONAL CORPORATION provides specialized services in signage, graphics, and environmental solutions for federal agencies. Their services include custom fabrication, public art installations, and wayfinding systems, which are critical for military bases, federal facilities, and other government properties. The company's expertise in these areas allows them to deliver high-quality, mission-critical solutions that meet the unique needs of federal agencies.
How much taxpayer money does MATTHEWS INTERNATIONAL CORPORATION receive?
MATTHEWS INTERNATIONAL CORPORATION has received a total of $208.7 million in government contracts, with an average contract size of $54.9 million. This significant investment reflects the company's importance in providing specialized services to federal agencies, such as signage, graphics, and environmental solutions. The high average contract size indicates the value placed on the company's expertise and the critical nature of their services to federal operations.
Is MATTHEWS INTERNATIONAL CORPORATION good value for taxpayer money?
MATTHEWS INTERNATIONAL CORPORATION provides good value for taxpayer money, given their consistent performance in competitive bidding and the high average contract size. The company's specialized services, such as custom fabrication and public art installations, often require significant expertise and resources, which can justify the higher contract values. However, the absence of recent contracts and the lack of detailed performance metrics make it challenging to fully assess the long-term value of their services. The company's strong track record and proven ability to deliver high-quality services suggest that they are a reliable partner for federal agencies.
How does MATTHEWS INTERNATIONAL CORPORATION win its contracts?
MATTHEWS INTERNATIONAL CORPORATION primarily wins its contracts through competitive bidding processes. The company's consistent performance in these competitions indicates a strong market presence and a proven ability to deliver high-quality services that meet the stringent requirements of federal agencies. The absence of sole-source contracts suggests that the company is well-positioned to compete in the government contracting market and that their services are highly valued by federal agencies.
What agencies use MATTHEWS INTERNATIONAL CORPORATION most?
MATTHEWS INTERNATIONAL CORPORATION works with a variety of federal agencies, including the Department of Defense and Department of Homeland Security. These agencies rely on the company for specialized signage and environmental solutions, which are critical for military bases, federal facilities, and other government properties. The company's diverse client base suggests a balanced approach to government contracting, but there is a risk of dependency if any major client were to reduce their spending or shift to alternative contractors. This concentration could also indicate a need for the company to diversify its client base to mitigate potential risks.
What are the risks of relying on MATTHEWS INTERNATIONAL CORPORATION?
There are several risks associated with relying on MATTHEWS INTERNATIONAL CORPORATION. The lack of recent contracts and the absence of a dominant sole-source win rate might indicate a need for the company to diversify its client base or explore new markets to maintain growth. The moderate concentration of their client base, with a reliance on a few key agencies, could pose risks if any major client were to reduce their spending or shift to alternative contractors. Additionally, the absence of detailed performance metrics makes it challenging to fully assess the long-term value of their services. However, the company's strong track record and proven ability to deliver high-quality services suggest that they are a reliable partner for federal agencies.
How does MATTHEWS INTERNATIONAL CORPORATION compare to similar contractors?
MATTHEWS INTERNATIONAL CORPORATION holds a strong competitive position in the government contracting sector, particularly in specialized areas such as signage and environmental solutions. The company's consistent reliance on competitive bidding suggests a robust market presence and a proven ability to deliver high-quality services that meet the stringent requirements of federal agencies. However, the lack of recent contracts and the absence of a dominant sole-source win rate might indicate a need for the company to diversify its client base or explore new markets to maintain growth. Compared to industry peers, MATTHEWS INTERNATIONAL CORPORATION is a reliable and experienced contractor, but the market is highly competitive, and there are other companies with similar capabilities and expertise.
Recent Federal Contracts
Matthews International Corporation has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| VA awards $18.3M for Bronze Markers, with 3 contracts awarded under full and ... | Department of Veterans Affairs | $18.3M | N/A |
| VA awards $9.36M for Bronze Memorial Plaques, MATTHEWS INTERNATIONAL CORPORAT... | Department of Veterans Affairs | $9.4M | N/A |
| VA awards $450K for bronze memorial plaques, with MATTHEWS INTERNATIONAL CORP... | Department of Veterans Affairs | $4.5M | N/A |