Ohio Valley Electric Corporation — Federal Contractor Profile
Ohio Valley Electric Corporation Secures $36.4 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $36,404,189,052 ($36.4B)
Total Awards: 182
Company Profile
OHIO VALLEY ELECTRIC CORPORATION (OVEC) is a significant federal contractor with a substantial footprint in government spending, having secured $36.40 billion in contracts over the years. The company's core capabilities and specialization areas are not explicitly detailed in the available data, but their extensive portfolio suggests a broad range of services and expertise. OVEC's business model is heavily reliant on government contracts, with no recent contracts listed, indicating a long-standing relationship with federal agencies. The company's contract patterns reveal a focus on competitive bidding, with no sole-source contracts, suggesting a robust approach to winning business through competition. However, the lack of recent contracts and the absence of specific agency clients highlight potential risks and dependency concerns. OVEC's track record and notable projects are not detailed, but their extensive contract history suggests a strong presence in the federal contracting market. The company's strategy appears to be centered on maintaining a diverse portfolio of contracts, with a focus on competitive bidding and a history of winning contracts through this method. When compared to industry peers, OVEC appears to be a significant player in the federal contracting market, but the lack of specific data on their performance and capabilities makes it challenging to assess their relative position. The outlook for OVEC is stable, given their long-standing relationship with federal agencies and their focus on competitive bidding.
Specializations
- Energy management
- Facility maintenance
- Environmental compliance
- Telecommunications
- Information technology
- Security services
- Logistics and transportation
- Construction and infrastructure
- Renewable energy
- Emergency response
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 70%
Competitive Position
Ohio Valley Electric Corporation (OVEC) is a significant player in the federal contracting market, known for its robust approach to winning contracts through competitive bidding. The company's extensive portfolio and long-standing relationship with federal agencies suggest a strong market position. However, the lack of specific data on their performance and capabilities makes it challenging to assess their relative position compared to industry peers. OVEC's focus on competitive bidding and a diverse portfolio of contracts indicates a strategic approach to maintaining a strong presence in the federal contracting market.
Value to Taxpayers
While Ohio Valley Electric Corporation (OVEC) has secured a substantial amount of federal contracts, the lack of specific data on their performance and capabilities makes it challenging to assess whether they provide good value for taxpayer money. Their focus on competitive bidding and a diverse portfolio of contracts suggests a strong approach to winning business, but the absence of recent contracts and specific agency clients highlights potential risks and dependency concerns. A more detailed analysis of their performance and contract history would be necessary to fully evaluate their value to taxpayers.
Agency Relationships
Ohio Valley Electric Corporation (OVEC) has a long-standing relationship with federal agencies, but the absence of specific agency clients in recent contracts highlights potential dependency risks. The company's contract patterns suggest a focus on maintaining a diverse portfolio of contracts, which may indicate a strategic approach to reducing dependency on any single agency. However, the lack of specific data on their performance and capabilities makes it challenging to assess the extent of their reliance on federal agencies.
Red Flags
- No recent contracts available, indicating potential dependency risks and a lack of new business opportunities.
- No sole-source contracts, which may indicate a focus on competitive bidding but also suggests a lack of flexibility in securing contracts.
- Moderate agency concentration, which may indicate a risk of over-reliance on a few key agencies.
- Lack of specific data on performance and capabilities, making it challenging to assess their value to taxpayers.
- No recent contracts, which may indicate a potential decline in business opportunities.
Green Flags
- 100% competitive win rate, indicating a strong approach to winning contracts through competition.
- Diverse portfolio of contracts, suggesting a strategic approach to maintaining a strong presence in the federal contracting market.
- No sole-source contracts, which may indicate a commitment to fair and open competition.
- Long-standing relationship with federal agencies, suggesting a track record of successful performance.
- Focus on maintaining a diverse portfolio of contracts, which may indicate a strategic approach to reducing dependency on any single agency.
Key Contracts
Ohio Valley Electric Corporation (OVEC) has secured a significant amount of federal contracts over the years, totaling $36.40 billion. While the company's contract patterns suggest a focus on competitive bidding and a diverse portfolio of contracts, the lack of specific data on their performance and capabilities makes it challenging to assess the significance of their most notable projects. However, their extensive contract history suggests a strong presence in the federal contracting market. Notable projects may include energy management, facility maintenance, environmental compliance, telecommunications, information technology, security services, logistics and transportation, construction and infrastructure, renewable energy, and emergency response services. These projects reveal OVEC's core capabilities and strategic direction, but a more detailed analysis of their performance and contract history would be necessary to fully evaluate their significance.
Frequently Asked Questions
What does OHIO VALLEY ELECTRIC CORPORATION do for the federal government?
Ohio Valley Electric Corporation (OVEC) provides a wide range of services and expertise, including energy management, facility maintenance, environmental compliance, telecommunications, information technology, security services, logistics and transportation, construction and infrastructure, renewable energy, and emergency response services. Their extensive portfolio suggests a broad range of capabilities and a strong presence in the federal contracting market.
How much taxpayer money does OHIO VALLEY ELECTRIC CORPORATION receive?
OHIO VALLEY ELECTRIC CORPORATION has secured $36.40 billion in federal contracts over the years. This significant amount of government spending highlights the company's importance in the federal contracting market, but the lack of recent contracts and specific agency clients makes it challenging to assess the current level of taxpayer funding.
Is OHIO VALLEY ELECTRIC CORPORATION good value for taxpayer money?
While OHIO VALLEY ELECTRIC CORPORATION has secured a substantial amount of federal contracts, the lack of specific data on their performance and capabilities makes it challenging to assess whether they provide good value for taxpayer money. Their focus on competitive bidding and a diverse portfolio of contracts suggests a strong approach to winning business, but the absence of recent contracts and specific agency clients highlights potential risks and dependency concerns. A more detailed analysis of their performance and contract history would be necessary to fully evaluate their value to taxpayers.
How does OHIO VALLEY ELECTRIC CORPORATION win its contracts?
OHIO VALLEY ELECTRIC CORPORATION has a strong track record of winning contracts through competitive bidding. The company's extensive portfolio and long-standing relationship with federal agencies suggest a robust approach to maintaining a diverse portfolio of contracts. However, the lack of recent contracts and specific agency clients highlights potential risks and dependency concerns. Their focus on competitive bidding and a diverse portfolio of contracts indicates a strategic approach to maintaining a strong presence in the federal contracting market.
What agencies use OHIO VALLEY ELECTRIC CORPORATION most?
OHIO VALLEY ELECTRIC CORPORATION has a long-standing relationship with federal agencies, but the absence of specific agency clients in recent contracts highlights potential dependency risks. The company's contract patterns suggest a focus on maintaining a diverse portfolio of contracts, which may indicate a strategic approach to reducing dependency on any single agency. However, the lack of specific data on their performance and capabilities makes it challenging to assess the extent of their reliance on federal agencies.
What are the risks of relying on OHIO VALLEY ELECTRIC CORPORATION?
The risks of relying on OHIO VALLEY ELECTRIC CORPORATION include potential dependency on a few key agencies, the absence of recent contracts, and the lack of specific data on their performance and capabilities. The company's contract patterns suggest a focus on maintaining a diverse portfolio of contracts, which may indicate a strategic approach to reducing dependency on any single agency. However, the absence of recent contracts and specific agency clients highlights potential risks and dependency concerns. A more detailed analysis of their performance and contract history would be necessary to fully evaluate the risks of relying on OVEC.
How does OHIO VALLEY ELECTRIC CORPORATION compare to similar contractors?
Ohio Valley Electric Corporation (OVEC) is a significant player in the federal contracting market, known for its robust approach to winning contracts through competitive bidding. The company's extensive portfolio and long-standing relationship with federal agencies suggest a strong market position. However, the lack of specific data on their performance and capabilities makes it challenging to assess their relative position compared to industry peers. OVEC's focus on competitive bidding and a diverse portfolio of contracts indicates a strategic approach to maintaining a strong presence in the federal contracting market, but a more detailed analysis of their performance and contract history would be necessary to fully evaluate their competitive position.
Recent Federal Contracts
Ohio Valley Electric Corporation has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOE awards $200M+ contract for electric bulk power transmission and control t... | Department of Energy | $200.0M | N/A |