Neogen Corp — Federal Contractor Profile

NEOGEN CORP: $723,777.12 in Federal Contracts with No Recent Wins

Contractor Overview

Total Contract Value: $723,777 ($723.8K)

Total Awards: 4

Company Profile

NEOGEN CORP is a federal contractor with a total government contracts value of $723,777.12, involving 4 contracts averaging $180,944 each. The company has not won any recent contracts, and there are no specific agency clients mentioned. This analysis provides insights into the company's capabilities, government business scale, and strategic direction based on available data.

Specializations

  • Biological and chemical detection
  • Food safety testing
  • Diagnostic solutions
  • Veterinary diagnostics
  • Pathogen identification
  • Environmental monitoring
  • Food security
  • Public health

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% competitive, 0% sole-source

Agency Concentration: N/A

Growth Trajectory: N/A

Sole Source Rate: 0%

Recompete Rate: N/A

Competitive Position

NEOGEN CORP has not won any recent contracts, indicating a lack of competitive activity in the federal market. This could suggest that the company may be facing challenges in securing new business through competitive bidding processes.

Value to Taxpayers

Given the lack of recent competitive activity, it is unclear whether NEOGEN CORP provides good value for taxpayer money. The company's focus on specialized areas such as biological and chemical detection and food safety testing suggests that it may offer unique capabilities, but the absence of recent contracts raises questions about its market competitiveness and ability to deliver cost-effective solutions.

Agency Relationships

There are no specific agency clients mentioned, which could indicate a lack of significant relationships or dependency. However, without detailed information on past contracts, it is difficult to assess the extent of agency reliance on the company.

Red Flags

  • No recent contracts: This suggests that the company may be facing challenges in securing new business through competitive bidding processes.
  • No competitive wins: The absence of competitive wins indicates that the company may not be actively competing for federal contracts.
  • No sole-source awards: The lack of sole-source awards could indicate that the company is not leveraging its expertise to secure contracts without competitive bidding.

Green Flags

  • Specialized expertise: NEOGEN CORP has a strong focus on specialized areas such as biological and chemical detection and food safety testing, which could be valuable to the federal government.
  • Diverse contract portfolio: The company has secured contracts, albeit in limited numbers, which suggests some level of market presence.
  • No reported performance issues: There are no reported performance issues or cost escalations in the available data, which is a positive indicator.

Key Contracts

NEOGEN CORP has secured a total of $723,777.12 in federal contracts, with an average contract size of $180,944. While the company has not won any recent contracts, its existing portfolio includes specialized areas such as biological and chemical detection and food safety testing. These contracts suggest that the company has the capability to deliver high-quality solutions in niche markets. However, the absence of recent competitive activity raises questions about its market competitiveness and ability to secure new business through competitive bidding processes.

Frequently Asked Questions

What does NEOGEN CORP do for the federal government?

NEOGEN CORP specializes in biological and chemical detection, food safety testing, diagnostic solutions, and veterinary diagnostics. The company provides a range of services including pathogen identification, environmental monitoring, food security, and public health support. Its expertise in these areas makes it a valuable partner for the federal government in ensuring public safety and security.

How much taxpayer money does NEOGEN CORP receive?

NEOGEN CORP has received a total of $723,777.12 in federal contracts, with an average contract size of $180,944. This represents a relatively small portion of the federal budget, but it is significant for a single contractor. The company has not won any recent contracts, which suggests that it may be facing challenges in securing new business through competitive bidding processes.

Is NEOGEN CORP good value for taxpayer money?

Given the lack of recent competitive activity, it is unclear whether NEOGEN CORP provides good value for taxpayer money. The company's focus on specialized areas such as biological and chemical detection and food safety testing suggests that it may offer unique capabilities, but the absence of recent contracts raises questions about its market competitiveness and ability to deliver cost-effective solutions. Further analysis of its performance and cost structure would be necessary to make a more informed assessment.

How does NEOGEN CORP win its contracts?

NEOGEN CORP has not won any recent contracts, indicating a lack of competitive activity in the federal market. This could suggest that the company may be facing challenges in securing new business through competitive bidding processes. The company has not leveraged its expertise to secure contracts without competitive bidding, which could indicate a need to improve its market positioning and competitive strategies.

What agencies use NEOGEN CORP most?

There are no specific agency clients mentioned, which could indicate a lack of significant relationships or dependency. However, without detailed information on past contracts, it is difficult to assess the extent of agency reliance on the company. The company's focus on specialized areas such as biological and chemical detection and food safety testing suggests that it may be working with agencies that require these specific capabilities.

What are the risks of relying on NEOGEN CORP?

The risks of relying on NEOGEN CORP include the lack of recent competitive activity, which could indicate challenges in securing new business through competitive bidding processes. The company has not leveraged its expertise to secure contracts without competitive bidding, which could be a concern for agencies that require specialized capabilities. Additionally, the absence of recent contracts raises questions about the company's market competitiveness and ability to deliver cost-effective solutions. However, the company has not reported any performance issues or cost escalations, which is a positive indicator.

How does NEOGEN CORP compare to similar contractors?

NEOGEN CORP faces competition from other specialized contractors in the federal market, such as Thermo Fisher Scientific, Merck, and Bio-Rad Laboratories. These companies also offer specialized solutions in areas such as biological and chemical detection and food safety testing. While NEOGEN CORP has a strong focus on specialized areas, it may need to improve its market positioning and competitive strategies to remain competitive in the federal market. Further analysis of its performance, cost structure, and market share would be necessary to make a more informed comparison with industry peers.

Recent Federal Contracts

Neogen Corp has 2 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
USDA awards $2.17M for Salmonella and Listeria test kits to Neogen Corp.Department of Agriculture$217.1KN/A
USDA Awards $145K for Listeria/Salmonella Detection Kits to Neogen CorpDepartment of Agriculture$144.8KN/A

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