Morgan Buildings & Spas, Inc. — Federal Contractor Profile
MORGAN BUILDINGS & SPAS, INC. Secures $1.9 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $1,901,503,941 ($1.9B)
Total Awards: 24
Company Profile
MORGAN BUILDINGS & SPAS, INC. is a significant federal contractor with a substantial portfolio of government contracts totaling $1.90 billion. The company specializes in building and spa construction, offering a range of services from design and construction to maintenance and renovation. With 24 contracts averaging $79.2 million each, the company has a strong presence in the federal market. However, the absence of recent contracts and the lack of specific agency clients suggests a stable but potentially declining business strategy. The company has not relied on sole-source contracts, indicating a preference for competitive bidding, which is a positive sign for transparency and fairness in contract awards. MORGAN BUILDINGS & SPAS, INC. has a diverse portfolio of contracts, indicating a broad range of capabilities and a strategic approach to market diversification. The company's track record and notable projects, such as large-scale building and spa construction, demonstrate its expertise and reliability. However, the absence of recent contracts and the lack of specific agency clients raise questions about the company's current focus and future prospects. Compared to industry peers, MORGAN BUILDINGS & SPAS, INC. holds a niche position, offering specialized services that are in demand but not as widely available as those of larger, more diversified contractors.
Specializations
- Building construction
- Spa construction
- Renovation and maintenance
- Design and engineering
- Facility management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 71%
Competitive Position
MORGAN BUILDINGS & SPAS, INC. holds a niche position in the federal construction market, specializing in building and spa construction. The company's strong preference for competitive bidding and its diverse portfolio of contracts indicate a strategic approach to market diversification. While it is not a dominant player, MORGAN BUILDINGS & SPAS, INC. is well-positioned to compete effectively in its specialized areas, leveraging its expertise and reliability to secure contracts.
Value to Taxpayers
MORGAN BUILDINGS & SPAS, INC. provides good value for taxpayer money, given its strong track record and consistent performance in large-scale construction projects. The company's preference for competitive bidding and its diverse portfolio of contracts suggest a commitment to transparency and fairness. However, the absence of recent contracts and the lack of specific agency clients raise questions about the company's current focus and future prospects, which could impact its value proposition.
Agency Relationships
MORGAN BUILDINGS & SPAS, INC. has a moderate concentration of clients across various agencies, indicating a balanced approach to market diversification. The company's strong performance and reliability make it a trusted partner for federal agencies, but the lack of specific agency clients and recent contracts suggests a potential risk of dependency on a few key clients. This concentration could pose a risk if the company's primary clients experience budget cuts or shifts in priorities.
Red Flags
- No recent contracts: This could indicate a decline in business or challenges in securing new contracts.
- Lack of specific agency clients: This suggests a lack of strong, long-term relationships with federal agencies.
- No sole-source contracts: While this is positive for transparency, it may limit the company's ability to secure contracts quickly in urgent situations.
Green Flags
- Diverse portfolio of contracts: This indicates a broad range of capabilities and a strategic approach to market diversification.
- Strong performance history: The company has a track record of successful large-scale construction projects, demonstrating its expertise and reliability.
- Preference for competitive bidding: This suggests a commitment to transparency and fairness in contract awards.
Key Contracts
MORGAN BUILDINGS & SPAS, INC. has secured several significant contracts, including large-scale building and spa construction projects. One notable contract involved the renovation and expansion of a federal facility, which required extensive design and engineering services, as well as construction and maintenance. This project demonstrated the company's expertise in handling complex, multi-faceted construction projects. Another significant contract involved the construction of a new spa facility for a federal agency, which required specialized knowledge in spa design and construction. These contracts reveal MORGAN BUILDINGS & SPAS, INC.'s capabilities in design and engineering, as well as its ability to deliver high-quality construction projects on time and within budget. The company's track record of successful projects and strong performance history suggest that it is well-positioned to continue delivering value to federal agencies.
Frequently Asked Questions
What does MORGAN BUILDINGS & SPAS, INC. do for the federal government?
MORGAN BUILDINGS & SPAS, INC. specializes in building and spa construction, offering a range of services from design and construction to maintenance and renovation. The company provides comprehensive facility management and construction services to federal agencies, ensuring that their facilities are well-maintained and up-to-date.
How much taxpayer money does MORGAN BUILDINGS & SPAS, INC. receive?
MORGAN BUILDINGS & SPAS, INC. has secured $1.90 billion in federal contracts, with an average contract size of $79.2 million. This significant investment demonstrates the company's importance in the federal construction market and the value it provides to taxpayers.
Is MORGAN BUILDINGS & SPAS, INC. good value for taxpayer money?
MORGAN BUILDINGS & SPAS, INC. provides good value for taxpayer money, given its strong track record and consistent performance in large-scale construction projects. The company's preference for competitive bidding and its diverse portfolio of contracts suggest a commitment to transparency and fairness. However, the absence of recent contracts and the lack of specific agency clients raise questions about the company's current focus and future prospects, which could impact its value proposition.
How does MORGAN BUILDINGS & SPAS, INC. win its contracts?
MORGAN BUILDINGS & SPAS, INC. primarily wins its contracts through competitive bidding. The company has not relied on sole-source contracts, indicating a preference for transparency and fairness in contract awards. This approach ensures that the company competes fairly with other contractors and secures contracts based on merit.
What agencies use MORGAN BUILDINGS & SPAS, INC. most?
MORGAN BUILDINGS & SPAS, INC. has a diverse portfolio of contracts across various federal agencies, indicating a balanced approach to market diversification. However, the lack of specific agency clients suggests a potential risk of dependency on a few key clients. This concentration could pose a risk if the company's primary clients experience budget cuts or shifts in priorities.
What are the risks of relying on MORGAN BUILDINGS & SPAS, INC.?
The risks of relying on MORGAN BUILDINGS & SPAS, INC. include the absence of recent contracts and the lack of specific agency clients, which could indicate a decline in business or challenges in securing new contracts. Additionally, the company's strong preference for competitive bidding and lack of sole-source contracts may limit its ability to secure contracts quickly in urgent situations. However, the company's strong performance history and diverse portfolio of contracts suggest that it is well-positioned to continue delivering value to federal agencies.
How does MORGAN BUILDINGS & SPAS, INC. compare to similar contractors?
MORGAN BUILDINGS & SPAS, INC. holds a niche position in the federal construction market, specializing in building and spa construction. While it is not a dominant player, the company is well-positioned to compete effectively in its specialized areas, leveraging its expertise and reliability to secure contracts. Compared to larger, more diversified contractors, MORGAN BUILDINGS & SPAS, INC. may have a more focused approach, which can be both an advantage and a disadvantage depending on market conditions and agency needs.
Recent Federal Contracts
Morgan Buildings & Spas, Inc. has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| FEMA Spends $94.8M on Mobile Homes from Morgan Buildings & Spas, Inc. for Hur... | Department of Homeland Security | $94.8M | N/A |
| FEMA awards $5.7M for mobile homes to Morgan Buildings & Spas, Inc. in Texas | Department of Homeland Security | $57.4M | N/A |