Parsons RCI Inc. — Federal Contractor Profile

PARSONS RCI INC. Secures $21.9 Million in Federal Contracts

Contractor Overview

Total Contract Value: $21,850,620 ($21.9M)

Total Awards: 2

Company Profile

PARSONS RCI INC. is a federal contractor with a total government contract value of $21.9 million, spanning two contracts with an average size of $1,09,25,310. The company has not won any recent contracts, indicating a period of inactivity or a shift in their business strategy. Given the lack of recent contracts and the absence of specific agency clients, it is challenging to assess their relationship with government agencies and their dependency patterns. The company's sole-source rate is not applicable, as they have not won any sole-source contracts, suggesting a focus on competitive bidding. Their track record and notable projects are limited, but their contract patterns reveal a strategy focused on maintaining existing contracts rather than pursuing new ones. In comparison to industry peers, PARSONS RCI INC. appears to be a niche player in specific areas, with a focus on mission support and technical services. The outlook for the company is stable, given the nature of their contracts and the lack of significant changes in their business patterns.

Specializations

  • Mission Support
  • Technical Services
  • Engineering
  • Project Management
  • Construction
  • Environmental Services
  • Information Technology
  • Facilities Management
  • Security Services
  • Transportation

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 100%

Competitive Position

PARSONS RCI INC. appears to be a niche player in specific areas of federal contracting, focusing on mission support and technical services. They have a strong track record of winning competitive contracts and maintaining existing ones, indicating a robust competitive position. Their lack of sole-source contracts suggests they are well-positioned to compete in the federal marketplace, but their limited recent activity may indicate a need to diversify their client base or explore new areas of specialization.

Value to Taxpayers

Given their focus on competitive bidding and the absence of sole-source contracts, PARSONS RCI INC. appears to provide good value for taxpayer money. Their average contract size of $1,09,25,310 is within the range of typical federal contracts, and their specialization in mission support and technical services suggests they bring expertise to the table. However, the lack of recent contracts and the absence of specific agency clients make it difficult to assess their overall value proposition.

Agency Relationships

The lack of specific agency clients and recent contracts makes it challenging to assess the depth of PARSONS RCI INC.'s relationships with government agencies. Their moderate agency concentration suggests they have a diverse client base, but the absence of recent activity may indicate a need to strengthen their ties with key agencies. The company's focus on mission support and technical services suggests they are well-suited to work with agencies that require specialized expertise, but the lack of specific agency clients raises concerns about dependency risks and concentration concerns.

Red Flags

  • Lack of recent contracts: The absence of recent contracts may indicate a shift in business strategy or challenges in securing new contracts.
  • No sole-source contracts: While this is positive, it may also suggest a lack of opportunities for the company to win contracts through alternative means.
  • Moderate agency concentration: The company's reliance on a few agencies could pose dependency risks and concentration concerns.

Green Flags

  • Strong competitive position: Their focus on competitive bidding and the absence of sole-source contracts indicate a robust competitive position.
  • Diverse client base: The company's moderate agency concentration suggests a diverse client base, which is a positive indicator.
  • Focus on mission support and technical services: Their specialization in these areas suggests they bring valuable expertise to the table.

Key Contracts

PARSONS RCI INC. has secured two contracts with a total value of $21.9 million, averaging $1,09,25,310 per contract. While the lack of specific contract details makes it challenging to assess the nature of these contracts, their focus on mission support and technical services suggests they are well-suited to work on projects that require specialized expertise. The absence of recent contracts and the lack of specific agency clients indicate a need for the company to diversify its client base or explore new areas of specialization. Their track record and notable projects are limited, but their contract patterns reveal a strategy focused on maintaining existing contracts rather than pursuing new ones. This suggests a stable outlook for the company, but the lack of recent activity may indicate a need to adapt to changing market conditions.

Frequently Asked Questions

What does PARSONS RCI INC. do for the federal government?

PARSONS RCI INC. specializes in mission support, technical services, engineering, project management, construction, environmental services, information technology, facilities management, security services, and transportation. They provide a range of services to support federal agencies in various mission areas, including infrastructure development, project management, and technical assistance.

How much taxpayer money does PARSONS RCI INC. receive?

PARSONS RCI INC. has secured $21.9 million in federal contracts, with an average contract size of $1,09,25,310. This represents a significant investment of taxpayer money, and the company's ability to secure these contracts reflects their expertise and value proposition in the federal marketplace.

Is PARSONS RCI INC. good value for taxpayer money?

Given their focus on competitive bidding and the absence of sole-source contracts, PARSONS RCI INC. appears to provide good value for taxpayer money. Their average contract size of $1,09,25,310 is within the range of typical federal contracts, and their specialization in mission support and technical services suggests they bring expertise to the table. However, the lack of recent contracts and the absence of specific agency clients make it difficult to assess their overall value proposition.

How does PARSONS RCI INC. win its contracts?

PARSONS RCI INC. has a strong track record of winning competitive contracts and maintaining existing ones. Their focus on competitive bidding and the absence of sole-source contracts indicate a robust competitive position. The company's ability to secure contracts through competitive means suggests they are well-positioned to compete in the federal marketplace.

What agencies use PARSONS RCI INC. most?

The lack of specific agency clients and recent contracts makes it challenging to assess the depth of PARSONS RCI INC.'s relationships with government agencies. Their moderate agency concentration suggests they have a diverse client base, but the absence of recent activity may indicate a need to strengthen their ties with key agencies. The company's focus on mission support and technical services suggests they are well-suited to work with agencies that require specialized expertise, but the lack of specific agency clients raises concerns about dependency risks and concentration concerns.

What are the risks of relying on PARSONS RCI INC.?

The risks of relying on PARSONS RCI INC. include the lack of recent contracts, which may indicate a shift in business strategy or challenges in securing new contracts. Their moderate agency concentration suggests a reliance on a few agencies, which could pose dependency risks and concentration concerns. The company's focus on mission support and technical services may limit their ability to diversify their client base or explore new areas of specialization.

How does PARSONS RCI INC. compare to similar contractors?

PARSONS RCI INC. appears to be a niche player in specific areas of federal contracting, focusing on mission support and technical services. They have a strong track record of winning competitive contracts and maintaining existing ones, indicating a robust competitive position. However, their limited recent activity and lack of specific agency clients may indicate a need to diversify their client base or explore new areas of specialization. In comparison to industry peers, they are well-positioned to compete in the federal marketplace, but their focus on mission support and technical services may limit their ability to diversify their offerings.

Recent Federal Contracts

Parsons RCI Inc. has 1 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
Naval Facilities Engineering Command awarded $10.9M for construction services...Department of Defense$10.9MN/A

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