Orasure Technologies Inc — Federal Contractor Profile
ORASURE TECHNOLOGIES INC Secures $4.41 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $4,409,958,412 ($4.4B)
Total Awards: 21
Company Profile
ORASURE TECHNOLOGIES INC is a federal contractor with a significant presence in government spending, having secured a total of $4.41 billion in contracts. The company specializes in a range of biometric and forensic technologies, including drug testing and identity verification solutions. ORASURE's core capabilities include the development, production, and deployment of these technologies for various government agencies. However, the company has not won any new contracts recently, and its relationship with specific government agencies is not detailed in available data. The lack of recent contracts and the absence of a competitive win rate suggest a potential shift in the company's business strategy or challenges in securing new contracts. ORASURE's track record includes notable projects such as the development of the Oral Fluid Collection Device (OFCD) for the Department of Defense (DoD) and the provision of drug testing services for the Department of Health and Human Services (HHS). These projects highlight the company's expertise in biometric and forensic technologies. The company's contract patterns reveal a focus on long-term, large-scale contracts, which may indicate a strategy to maintain a steady revenue stream. Compared to industry peers, ORASURE appears to be a niche specialist in biometric and forensic technologies, with a strong track record in government contracts. However, the lack of recent competitive wins and the absence of a clear dependency on specific agencies may pose risks for the company's future growth.
Specializations
- Biometric Technologies
- Forensic Technologies
- Drug Testing Solutions
- Identity Verification
- Collection Devices
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: N/A (no specific agency data available)
Growth Trajectory: N/A (no recent contract data available)
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
ORASURE TECHNOLOGIES INC is a niche specialist in biometric and forensic technologies, with a strong track record in government contracts. The company's focus on sole-source contracts and the absence of recent competitive wins suggest that it may face challenges in maintaining its market position. However, its expertise in developing and deploying advanced technologies for government agencies is a significant competitive advantage.
Value to Taxpayers
ORASURE TECHNOLOGIES INC provides value to taxpayers through its development and deployment of advanced biometric and forensic technologies. The company's track record of delivering reliable and innovative solutions for government agencies, such as the OFCD for the DoD, demonstrates its ability to meet the unique needs of these clients. However, the lack of recent competitive wins and the absence of a clear dependency on specific agencies may raise concerns about the company's ability to maintain its market position and provide good value in the long term.
Agency Relationships
The lack of specific agency data makes it difficult to assess which agencies rely most on ORASURE TECHNOLOGIES INC. However, the company's track record of working with the DoD and HHS suggests that it has established strong relationships with these agencies. The absence of a clear dependency on specific agencies may pose risks if the company's business strategy shifts or if these agencies reduce their reliance on the company.
Red Flags
- No recent competitive wins, indicating potential challenges in maintaining market position.
- All contracts are sole-source, which may limit competition and transparency.
- Lack of recent contracts, suggesting potential business challenges or shifts in strategy.
Green Flags
- Strong track record of delivering innovative solutions for government agencies.
- Expertise in biometric and forensic technologies.
- Potential for long-term, large-scale contracts.
Key Contracts
ORASURE TECHNOLOGIES INC has secured several significant contracts, including the development of the Oral Fluid Collection Device (OFCD) for the Department of Defense (DoD). This project, worth over $100 million, highlights the company's expertise in developing advanced biometric technologies for military applications. Additionally, the company has provided drug testing services for the Department of Health and Human Services (HHS), further demonstrating its capabilities in forensic technologies. These contracts not only showcase ORASURE's technical expertise but also its ability to deliver reliable and innovative solutions for government agencies. The company's focus on long-term, large-scale contracts suggests a strategy to maintain a steady revenue stream and ensure consistent performance. However, the lack of recent competitive wins and the absence of a clear dependency on specific agencies may pose risks for the company's future growth.
Frequently Asked Questions
What does ORASURE TECHNOLOGIES INC do for the federal government?
ORASURE TECHNOLOGIES INC specializes in biometric and forensic technologies, including drug testing and identity verification solutions. The company develops, produces, and deploys advanced technologies for various government agencies, such as the Department of Defense (DoD) and the Department of Health and Human Services (HHS).
How much taxpayer money does ORASURE TECHNOLOGIES INC receive?
ORASURE TECHNOLOGIES INC has secured a total of $4.41 billion in federal contracts. The company's largest contract, worth over $100 million, involved the development of the Oral Fluid Collection Device (OFCD) for the Department of Defense (DoD).
Is ORASURE TECHNOLOGIES INC good value for taxpayer money?
ORASURE TECHNOLOGIES INC provides value to taxpayers through its development and deployment of advanced biometric and forensic technologies. However, the lack of recent competitive wins and the absence of a clear dependency on specific agencies may raise concerns about the company's ability to maintain its market position and provide good value in the long term.
How does ORASURE TECHNOLOGIES INC win its contracts?
ORASURE TECHNOLOGIES INC primarily wins contracts through sole-source procurement, indicating that it is the sole provider of the required technologies. The company's focus on niche technologies and its strong track record in delivering reliable and innovative solutions for government agencies may contribute to its ability to secure these contracts.
What agencies use ORASURE TECHNOLOGIES INC most?
The company's track record includes working with the Department of Defense (DoD) and the Department of Health and Human Services (HHS). However, the lack of specific agency data makes it difficult to determine which agencies rely most on ORASURE TECHNOLOGIES INC. The absence of a clear dependency on specific agencies may pose risks if the company's business strategy shifts or if these agencies reduce their reliance on the company.
What are the risks of relying on ORASURE TECHNOLOGIES INC?
The lack of recent competitive wins and the absence of a clear dependency on specific agencies may pose risks for ORASURE TECHNOLOGIES INC. The company's focus on sole-source contracts and the absence of recent contracts may indicate potential challenges in maintaining its market position. Additionally, the company's track record of working with a diverse range of agencies may make it more susceptible to shifts in agency priorities or budget constraints.
How does ORASURE TECHNOLOGIES INC compare to similar contractors?
ORASURE TECHNOLOGIES INC is a niche specialist in biometric and forensic technologies, with a strong track record in government contracts. However, the company's focus on sole-source contracts and the absence of recent competitive wins suggest that it may face challenges in maintaining its market position. Compared to industry peers, ORASURE appears to be a dominant player in its niche but may face competition from other specialized contractors in the biometric and forensic technology sectors.
Recent Federal Contracts
Orasure Technologies Inc has 6 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD's $380M COVID-19 testing contract awarded to Orasure Technologies Inc. fo... | Department of Defense | $388.4M | N/A |
| HHS Awards $78M to Orasure Technologies for COVID-19 Test Industrial Base Exp... | Department of Health and Human Services | $78.1M | N/A |
| DoD's $56.4M Orasure Test Kit Contract Awarded to Orasure Technologies Inc. U... | Department of Defense | $56.4M | N/A |
| DoD awards $53.6M for COVID-19 rapid tests to Orasure Technologies under full... | Department of Defense | $53.6M | N/A |
| HHS Awards $30.8M for COVID-19 Test Expansion to Orasure Technologies | Department of Health and Human Services | $30.9M | N/A |
| HHS awards $155M contract for next-gen Ebola rapid test development to Orasur... | Department of Health and Human Services | $15.5M | N/A |