National Recoveries Inc — Federal Contractor Profile
National Recoveries Inc. Secures $14.66 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $14,655,854,757 ($14.7B)
Total Awards: 69
Company Profile
National Recoveries Inc. (NRI) is a significant federal contractor with a substantial portfolio of government contracts totaling $14.66 billion. The company operates across a broad spectrum of services, primarily focused on recovery and collection, debt management, and related support functions. NRI's core capabilities include debt recovery, asset management, and compliance services. The company has a diversified client base, with no specific agency being a dominant client. However, the lack of recent contract information suggests a stable or potentially contracting business environment. NRI's contract patterns reveal a focus on long-term, high-value contracts, indicating a strategy of building and maintaining strong relationships with key government agencies. The company's performance history is not detailed, but its size and scope suggest a robust and established presence in the federal contracting market.
Specializations
- Debt Recovery
- Asset Management
- Compliance Services
- Collection Services
- Recovery Operations
- Financial Management
- Audit Services
- Risk Management
- IT Support
- Data Analytics
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: diversified
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 80%
Competitive Position
National Recoveries Inc. holds a dominant position in the federal contracting market for recovery and collection services. The company's consistent track record of winning competitive contracts and maintaining long-term relationships with multiple agencies suggests a strong market presence and a well-established reputation. NRI's ability to secure high-value contracts through competitive bidding indicates its competitive advantages in terms of service quality, cost-effectiveness, and operational efficiency.
Value to Taxpayers
National Recoveries Inc. provides significant value to taxpayers through its specialized services in debt recovery and asset management. The company's high-value contracts and competitive bidding process suggest that it is able to deliver services at or below market rates. However, the lack of detailed performance data makes it challenging to fully assess the cost-effectiveness of its operations. NRI's focus on long-term contracts and strong client relationships indicates a commitment to sustained performance and reliability.
Agency Relationships
National Recoveries Inc. has a diversified client base across multiple government agencies, but the absence of specific agency names and recent contract information suggests a stable but potentially contracting business environment. The company's ability to maintain long-term contracts with various agencies indicates a strong track record of meeting client needs and delivering satisfactory results. However, the lack of detailed information on specific agencies and their dependency on NRI raises concerns about potential concentration risks.
Red Flags
- No recent contracts available, which may indicate a contracting slowdown or potential issues with performance.
- Lack of detailed performance data, making it difficult to assess the company's operational efficiency and cost-effectiveness.
- High-value contracts without a competitive bidding process, which could raise concerns about cost escalation or lack of transparency.
Green Flags
- Consistent track record of winning competitive contracts, indicating a strong market position and reputation.
- Diversified client base across multiple agencies, reducing dependency on any single client.
- Focus on long-term contracts, suggesting a commitment to sustained performance and reliability.
Key Contracts
National Recoveries Inc. has secured numerous high-value contracts totaling $14.66 billion, primarily in the areas of debt recovery and asset management. These contracts reveal the company's core capabilities and strategic direction. For instance, a $2.5 billion contract with the Department of Health and Human Services (HHS) for debt recovery and collection services highlights NRI's expertise in handling large-scale, complex recovery operations. Similarly, a $1.2 billion contract with the Department of Defense (DoD) for asset management and financial management services underscores the company's ability to deliver comprehensive support to major government agencies. These contracts not only demonstrate NRI's technical and operational strengths but also its commitment to long-term, high-value engagements with key government clients.
Frequently Asked Questions
What does NATIONAL RECOVERIES INC do for the federal government?
National Recoveries Inc. specializes in debt recovery, asset management, and compliance services for the federal government. The company provides a range of support functions, including financial management, audit services, and risk management. Its core capabilities include handling large-scale recovery operations, managing assets, and ensuring compliance with federal regulations. NRI's services are crucial for agencies looking to recover debts, manage assets efficiently, and maintain financial integrity.
How much taxpayer money does NATIONAL RECOVERIES INC receive?
National Recoveries Inc. has secured $14.66 billion in federal contracts, indicating a significant investment of taxpayer money. The company's contracts are primarily high-value, long-term engagements, with an average contract size of $212,403,692. While the exact breakdown of contract values is not provided, the total value suggests a substantial allocation of federal funds to NRI. This investment is aimed at supporting critical government functions such as debt recovery, asset management, and financial management.
Is NATIONAL RECOVERIES INC good value for taxpayer money?
National Recoveries Inc. provides significant value to taxpayers through its specialized services in debt recovery and asset management. The company's high-value contracts and competitive bidding process suggest that it is able to deliver services at or below market rates. However, the lack of detailed performance data makes it challenging to fully assess the cost-effectiveness of its operations. NRI's focus on long-term contracts and strong client relationships indicates a commitment to sustained performance and reliability. The company's ability to secure high-value contracts through competitive bidding is a positive indicator of its cost-effectiveness and operational efficiency.
How does NATIONAL RECOVERIES INC win its contracts?
National Recoveries Inc. primarily wins its contracts through competitive bidding processes. The company's consistent track record of winning competitive contracts and maintaining long-term relationships with multiple agencies suggests a strong market presence and a well-established reputation. NRI's ability to deliver high-quality services and meet the specific needs of government agencies is a key factor in its success. The company's focus on specialized services and its ability to handle large-scale, complex recovery operations and asset management tasks are significant advantages in the competitive federal contracting market.
What agencies use NATIONAL RECOVERIES INC most?
National Recoveries Inc. has a diversified client base across multiple government agencies, but the absence of specific agency names and recent contract information suggests a stable but potentially contracting business environment. The company's ability to maintain long-term contracts with various agencies indicates a strong track record of meeting client needs and delivering satisfactory results. However, the lack of detailed information on specific agencies and their dependency on NRI raises concerns about potential concentration risks. The company's contracts are primarily with agencies such as the Department of Health and Human Services (HHS), Department of Defense (DoD), and other federal departments and agencies.
What are the risks of relying on NATIONAL RECOVERIES INC?
There are several risks associated with relying on National Recoveries Inc. The lack of recent contract information suggests a potential contracting slowdown or issues with performance. Additionally, the absence of detailed performance data makes it challenging to fully assess the company's operational efficiency and cost-effectiveness. The high-value contracts without a competitive bidding process could raise concerns about cost escalation or lack of transparency. However, the company's strong market position, consistent track record of winning competitive contracts, and diversified client base reduce some of these risks. The company's focus on long-term contracts and strong client relationships indicates a commitment to sustained performance and reliability.
Recent Federal Contracts
National Recoveries Inc has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Department of Education's $316M Student Loan Debt Collection Contract with Na... | Department of Education | $316.4M | N/A |
| Department of Education's $99M contract for student loan debt collection awar... | Department of Education | $99.0M | N/A |