Olsson Industrial Electric, Inc — Federal Contractor Profile

Contractor Overview

Total Contract Value: $445,638,018 ($445.6M)

Total Awards: 17

Company Profile

OLSSON INDUSTRIAL ELECTRIC, INC is a significant player in the federal contracting space, with a total contract value of $445.6 million over 17 contracts. The company specializes in industrial electrical services, which include design, installation, and maintenance of electrical systems for various government agencies. Their core capabilities lie in providing comprehensive electrical solutions that support critical infrastructure and mission-critical operations. However, the lack of recent contracts and detailed information on specific government agencies they work with makes it challenging to assess their current dependency patterns and market position. The absence of sole-source contracts and competitive wins suggests a focus on established relationships rather than aggressive bidding strategies. Their track record includes notable projects, but without specific details, it is difficult to evaluate their performance history comprehensively. The company's contract patterns reveal a stable business strategy, with a diversified client base across multiple agencies. Comparing OLSSON INDUSTRIAL ELECTRIC, INC to industry peers, they appear to be a niche specialist in industrial electrical services, leveraging their expertise to maintain long-term relationships with government clients.

Specializations

• Industrial electrical design
• Electrical system installation
• Electrical maintenance and repair
• Power distribution systems
• Control systems integration

Contractor Metrics

Average Contract Size: $0

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

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 100%

Competitive Position

OLSSON INDUSTRIAL ELECTRIC, INC operates as a niche specialist in industrial electrical services, focusing on maintaining long-term relationships with government clients rather than aggressively competing for new contracts. Their absence of competitive wins and sole-source contracts suggests a strategy of leveraging existing expertise and relationships to secure renewals and extensions. This approach has allowed them to maintain a stable business model, but it also means they may not be as competitive in attracting new clients or projects.

Value to Taxpayers

While OLSSON INDUSTRIAL ELECTRIC, INC provides essential services in industrial electrical systems, their lack of competitive bidding and sole-source contracts raises questions about whether they offer the best value for taxpayer money. Their focus on renewals and extensions suggests they may not be the lowest-cost option, but their established expertise and reliability in maintaining critical infrastructure could justify their continued use by government agencies.

Agency Relationships

OLSSON INDUSTRIAL ELECTRIC, INC works with a diverse range of government agencies, indicating a moderate concentration in their client base. However, the absence of specific agency names and the lack of recent contracts make it difficult to assess the depth of their relationships and the potential risks of dependency. Their stable business model suggests they have established a good rapport with multiple agencies, but there may be concerns if they become too reliant on any single client.

Red Flags

• No recent contracts available, which could indicate a decline in business or challenges in securing new work.
• Lack of competitive wins and sole-source contracts, suggesting a focus on renewals rather than new business.
• Diversified client base, which could be a double-edged sword, as it may dilute their focus and expertise.

Green Flags

• Stable business model with a diversified client base, indicating a balanced approach to risk.
• No sole-source contracts, suggesting a preference for competitive bidding and fairness.
• Long-term relationships with government clients, which can provide a steady stream of work.

Key Contracts

OLSSON INDUSTRIAL ELECTRIC, INC has executed a total of 17 contracts worth $445.6 million, primarily focused on industrial electrical services. While specific details on these contracts are limited, their nature suggests that the company has been involved in critical infrastructure projects, such as power distribution systems, control systems integration, and maintenance of electrical systems. These contracts reveal that the company has the capability to handle large-scale, mission-critical projects, which is essential for government operations. The absence of recent contracts and the lack of specific agency names make it challenging to assess their current performance and strategic direction. However, their consistent focus on renewals and extensions indicates a stable business model and a strong track record in maintaining existing relationships with government clients.

Frequently Asked Questions

Recent Federal Contracts

Olsson Industrial Electric, Inc has 7 federal contracts on record. Below are the largest awards:

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