Parsons Government Services International Inc. — Federal Contractor Profile
PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. Secures $114 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $113,997,636,316 ($114.0B)
Total Awards: 253
Company Profile
PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. is a significant player in the federal contracting landscape, with a total contract value of $114 billion over 253 contracts. The company specializes in a wide range of services, including infrastructure, transportation, and technology solutions. Their core capabilities include project management, engineering, and construction, as well as cybersecurity and information technology services. While the company has a substantial presence in government contracting, they have not won any recent contracts, which could indicate a potential shift in their business strategy or challenges in securing new work. Their contract patterns reveal a diversified client base, with no single agency accounting for a majority of their business. This suggests a balanced approach to client relationships, but also highlights the risk of dependency on a few key clients. The company's track record includes notable projects such as the Federal Aviation Administration's NextGen program and the Department of Transportation's Intelligent Transportation Systems, which demonstrate their expertise and reliability. However, the lack of recent contracts and the absence of competitive wins may raise concerns about their current market position and future growth prospects.
Specializations
- Infrastructure Development
- Transportation Solutions
- Cybersecurity
- Information Technology
- Project Management
- Construction Services
- Environmental Services
- Telecommunications
- Public Safety
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. is a well-established player in the federal contracting market, known for its comprehensive range of services and strong client relationships. However, the absence of competitive wins and the reliance on sole-source contracts may indicate a shift in their business strategy or challenges in competing for new work. Their diversified client base suggests a balanced approach to business, but also highlights the risk of dependency on a few key clients. The company's market position is strong, but they may need to adapt to maintain their competitive edge.
Value to Taxpayers
PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. provides valuable services to the federal government, including infrastructure development, transportation solutions, and cybersecurity. Their track record of successful projects and strong client relationships suggests they deliver quality work. However, the lack of competitive wins and the reliance on sole-source contracts may raise concerns about cost efficiency and value for money. The company's contract sizes and specializations indicate they are a significant player in the federal contracting market, but the absence of recent competitive wins may indicate challenges in securing new work at favorable rates.
Agency Relationships
PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. has a diverse client base, with no single agency accounting for a majority of their business. This suggests a balanced approach to client relationships, but also highlights the risk of dependency on a few key clients. The company's strong track record with agencies such as the Department of Transportation and the Department of Homeland Security indicates a high level of trust and reliability. However, the concentration of their business across multiple agencies may pose a risk if any of these clients experience budget constraints or shifts in priorities.
Red Flags
- 100% sole-source contracts: The absence of competitive wins and reliance on sole-source contracts may indicate challenges in competing for new work or potential issues with cost efficiency.
- No recent contracts: The lack of recent contracts may suggest a shift in business strategy or challenges in securing new work, which could impact their future growth prospects.
- Diversified client base: While a diversified client base is generally positive, the concentration of business across multiple agencies may pose a risk if any of these clients experience budget constraints or shifts in priorities.
Green Flags
- Strong track record: The company's successful projects and strong client relationships demonstrate their reliability and expertise.
- Diverse specializations: Their range of services, including infrastructure development, transportation solutions, and cybersecurity, positions them as a versatile player in the federal contracting market.
- Balanced client base: The diversified client base suggests a balanced approach to business, reducing the risk of dependency on a single client.
Key Contracts
PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. has secured several significant contracts, including the Federal Aviation Administration's NextGen program and the Department of Transportation's Intelligent Transportation Systems. These contracts highlight their expertise in transportation solutions and infrastructure development. The NextGen program, which aims to modernize the nation's air traffic control system, demonstrates their ability to deliver large-scale, complex projects. The Intelligent Transportation Systems contract, which focuses on improving transportation efficiency and safety, showcases their capabilities in technology and public safety. These contracts reveal the company's strengths in project management, engineering, and construction, as well as their commitment to innovation and reliability. However, the lack of recent competitive wins and the absence of new contracts may indicate challenges in securing new work, which could impact their future growth prospects.
Frequently Asked Questions
What does PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. do for the federal government?
PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. provides a wide range of services to the federal government, including infrastructure development, transportation solutions, cybersecurity, and information technology. Their core capabilities include project management, engineering, and construction, as well as public safety and environmental services. They support various agencies, including the Department of Transportation, Department of Homeland Security, and Federal Aviation Administration, with projects ranging from large-scale infrastructure projects to technology and cybersecurity initiatives.
How much taxpayer money does PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. receive?
PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. has secured a total of $114 billion in federal contracts over 253 contracts. The average contract size is $450,583,543, indicating the scale and nature of their government business. While the company has a significant presence in the federal contracting market, the absence of recent contracts and the reliance on sole-source contracts may raise concerns about cost efficiency and value for money.
Is PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. good value for taxpayer money?
PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. provides valuable services to the federal government, including infrastructure development, transportation solutions, and cybersecurity. Their track record of successful projects and strong client relationships suggests they deliver quality work. However, the lack of competitive wins and the reliance on sole-source contracts may raise concerns about cost efficiency and value for money. The company's contract sizes and specializations indicate they are a significant player in the federal contracting market, but the absence of recent competitive wins may indicate challenges in securing new work at favorable rates.
How does PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. win its contracts?
PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. has won all of its contracts through sole-source procurement, indicating a strong relationship with key government agencies. The company's track record of successful projects and strong client relationships suggests they are well-regarded by federal agencies. However, the absence of competitive wins may indicate challenges in competing for new work, which could impact their future growth prospects. The company's business strategy may need to adapt to maintain their competitive edge in the federal contracting market.
What agencies use PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. most?
PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. has a diverse client base, with no single agency accounting for a majority of their business. However, they have strong relationships with agencies such as the Department of Transportation, Department of Homeland Security, and Federal Aviation Administration. These agencies rely on the company for a range of services, including infrastructure development, transportation solutions, and cybersecurity. The diversified client base suggests a balanced approach to business, but also highlights the risk of dependency on a few key clients. The concentration of business across multiple agencies may pose a risk if any of these clients experience budget constraints or shifts in priorities.
What are the risks of relying on PARSONS GOVERNMENT SERVICES INTERNATIONAL INC.?
The risks of relying on PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. include the concentration of their business across multiple agencies, which may pose a risk if any of these clients experience budget constraints or shifts in priorities. The absence of recent competitive wins and the reliance on sole-source contracts may indicate challenges in competing for new work, which could impact their future growth prospects. The company's business strategy may need to adapt to maintain their competitive edge in the federal contracting market. Additionally, the lack of recent contracts may suggest a shift in business strategy or challenges in securing new work, which could impact their ability to deliver on future projects.
How does PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. compare to similar contractors?
PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. is a well-established player in the federal contracting market, known for its comprehensive range of services and strong client relationships. However, the absence of competitive wins and the reliance on sole-source contracts may indicate a shift in their business strategy or challenges in competing for new work. Their diversified client base suggests a balanced approach to business, but also highlights the risk of dependency on a few key clients. The company's market position is strong, but they may need to adapt to maintain their competitive edge. Compared to similar contractors, PARSONS GOVERNMENT SERVICES INTERNATIONAL INC. is a significant player in the federal contracting market, but the absence of recent competitive wins may indicate challenges in securing new work at favorable rates.
Recent Federal Contracts
Parsons Government Services International Inc. has 17 federal contracts on record. Below are the largest awards: