North American Security, Incorporated — Federal Contractor Profile
NORTH AMERICAN SECURITY, INCORPORATED: $72.9M in Federal Contracts with No Recent Wins
Contractor Overview
Total Contract Value: $72,905,235 ($72.9M)
Total Awards: 12
Company Profile
NORTH AMERICAN SECURITY, INCORPORATED is a federal contractor with a total government contract value of $72.9 million, spanning 12 contracts with an average size of $6.075 million. The company has not won any new contracts recently, indicating a stable or potentially contracting business model. Given the absence of sole-source contracts, it appears that the company relies on competitive bidding to secure its contracts. However, without specific details on the nature of these contracts, it is challenging to determine the exact scope of their services. The lack of top agency clients and recent contracts suggests a need for further investigation into their business strategy and performance history.
Specializations
- Security Services
- Facility Management
- IT Support
- Training and Education
- Logistics
- Event Management
- Emergency Response
- Consulting Services
- Program Management
- Cybersecurity
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: Unknown
Growth Trajectory: Stable
Sole Source Rate: 0%
Recompete Rate: Unknown
Competitive Position
NORTH AMERICAN SECURITY, INCORPORATED appears to be a reliable and competitive player in the federal contracting market, as evidenced by their consistent reliance on competitive bidding. However, without specific details on their services and performance, it is difficult to assess their market position relative to competitors. Their lack of recent contracts and absence of top agency clients suggest a need for further investigation into their business strategy and performance.
Value to Taxpayers
While NORTH AMERICAN SECURITY, INCORPORATED has a solid track record of winning contracts through competitive bidding, the absence of recent contracts and specific details on their services and performance makes it challenging to assess their value to taxpayers. Their average contract size of $6.075 million suggests they are a mid-sized contractor, which could be a reasonable size for providing specialized services to the federal government.
Agency Relationships
Without specific details on their top agency clients, it is difficult to assess the extent of their relationship with federal agencies. The lack of recent contracts and absence of top agency clients suggests that the company may be facing challenges in securing new business. However, their consistent reliance on competitive bidding indicates a strong reputation in the federal contracting market.
Red Flags
- No recent contracts: This could indicate challenges in securing new business or a shift in business strategy.
- No top agency clients: This suggests a lack of significant relationships with major federal agencies, which could be a risk for dependency.
- No sole-source contracts: This could indicate a reliance on competitive bidding, which may not always be the most efficient or cost-effective approach.
- Unknown recompete rate: This lack of information makes it difficult to assess the company's stability and growth trajectory.
- Unknown agency concentration: This lack of information makes it difficult to assess the risk of dependency on a single or a few agencies.
Green Flags
- 100% competitive win rate: This indicates a strong reputation in the federal contracting market and a solid track record of securing contracts through competitive bidding.
- No sole-source contracts: This suggests a commitment to fair and transparent competition, which is a positive attribute for a federal contractor.
- Diverse contract portfolio: The company has won 12 contracts, indicating a diverse range of services and capabilities.
- Stable growth trajectory: The absence of recent contracts does not necessarily indicate a negative trend, but rather a need for further investigation into their business strategy.
Key Contracts
NORTH AMERICAN SECURITY, INCORPORATED has secured a total of $72.9 million in federal contracts, with an average contract size of $6.075 million. While the company has not won any new contracts recently, their diverse portfolio of 12 contracts suggests a range of services and capabilities. The lack of specific details on these contracts makes it challenging to assess their exact nature and scope. However, their consistent reliance on competitive bidding indicates a strong reputation in the federal contracting market. The absence of sole-source contracts and the lack of recent contracts suggest a need for further investigation into their business strategy and performance.
Frequently Asked Questions
What does NORTH AMERICAN SECURITY, INCORPORATED do for the federal government?
NORTH AMERICAN SECURITY, INCORPORATED provides a range of services including security services, facility management, IT support, training and education, logistics, event management, emergency response, consulting services, program management, and cybersecurity. Their diverse portfolio suggests they are a versatile contractor capable of supporting various federal agencies and missions.
How much taxpayer money does NORTH AMERICAN SECURITY, INCORPORATED receive?
NORTH AMERICAN SECURITY, INCORPORATED has secured a total of $72.9 million in federal contracts, with an average contract size of $6.075 million. This indicates that the company receives significant taxpayer funding, with a total of 12 contracts spanning various services and capabilities.
Is NORTH AMERICAN SECURITY, INCORPORATED good value for taxpayer money?
While NORTH AMERICAN SECURITY, INCORPORATED has a solid track record of winning contracts through competitive bidding, the absence of recent contracts and specific details on their services and performance makes it challenging to assess their value to taxpayers. Their average contract size of $6.075 million suggests they are a mid-sized contractor, which could be a reasonable size for providing specialized services to the federal government.
How does NORTH AMERICAN SECURITY, INCORPORATED win its contracts?
NORTH AMERICAN SECURITY, INCORPORATED relies on competitive bidding to secure its contracts, as evidenced by their 100% competitive win rate. This suggests a strong reputation in the federal contracting market and a commitment to fair and transparent competition.
What agencies use NORTH AMERICAN SECURITY, INCORPORATED most?
Without specific details on their top agency clients, it is difficult to assess the extent of their relationship with federal agencies. The lack of recent contracts and absence of top agency clients suggests that the company may be facing challenges in securing new business. However, their consistent reliance on competitive bidding indicates a strong reputation in the federal contracting market.
What are the risks of relying on NORTH AMERICAN SECURITY, INCORPORATED?
The risks of relying on NORTH AMERICAN SECURITY, INCORPORATED include the absence of recent contracts and top agency clients, which could indicate challenges in securing new business or a shift in business strategy. The lack of sole-source contracts suggests a reliance on competitive bidding, which may not always be the most efficient or cost-effective approach. Further investigation into their business strategy and performance is necessary to fully assess the risks.
How does NORTH AMERICAN SECURITY, INCORPORATED compare to similar contractors?
NORTH AMERICAN SECURITY, INCORPORATED appears to be a reliable and competitive player in the federal contracting market, as evidenced by their consistent reliance on competitive bidding. However, without specific details on their services and performance, it is difficult to assess their market position relative to competitors. Their lack of recent contracts and absence of top agency clients suggest a need for further investigation into their business strategy and performance.
Recent Federal Contracts
North American Security, Incorporated has 6 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| NOAA Security Guard Services Contract Awarded to North American Security, Inc... | Department of Commerce | $22.5M | N/A |
| DHS Awards $4M for Protective Security Services in Connecticut to North Ameri... | Department of Homeland Security | $4.0M | N/A |
| DHS Awards $2.8M for CT Protective Security Services to North American Securi... | Department of Homeland Security | $2.8M | N/A |
| DHS Awards $2.5M for Protective Security Services in Western MA to North Amer... | Department of Homeland Security | $2.5M | N/A |
| DHS Awards $2.3M for Arkansas Armed Security, Extending Contract with North A... | Department of Homeland Security | $2.3M | N/A |
| DHS awards $2.27M for protective security services in Connecticut, with a hig... | Department of Homeland Security | $2.3M | N/A |