Performant Recovery, Inc. — Federal Contractor Profile
PERFORMANT RECOVERY, INC. Secures $26.28 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $26,275,179,246 ($26.3B)
Total Awards: 176
Company Profile
PERFORMANT RECOVERY, INC. is a significant federal contractor with a substantial footprint in government spending, having secured contracts worth $26.28 billion. The company operates with a diversified portfolio, engaging in a wide array of services and solutions that support various government agencies. With 176 contracts averaging $14,92,90,791 each, PERFORMANT RECOVERY, INC. demonstrates a robust presence in the federal contracting landscape. Notably, the company has not engaged in any sole-source contracts, indicating a strong reliance on competitive bidding processes. However, the absence of recent contract information and detailed agency client data suggests a need for further investigation into the nature and scale of their current engagements. The company's track record, while not extensively detailed, indicates a focus on mission-critical support and recovery services, which are essential for government operations. PERFORMANT RECOVERY, INC.'s business strategy appears to be centered around maintaining a competitive edge through consistent performance and a diversified portfolio of contracts. This approach suggests a stable and potentially expanding trajectory, though the lack of recent contract activity may indicate a need for renewed focus on securing new business opportunities.
Specializations
- Recovery Services
- Mission Support
- Data Analytics
- IT Solutions
- Financial Management
- Program Management
- Logistics
- Training and Education
- Healthcare Services
- Environmental Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: N/A
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: N/A
Competitive Position
PERFORMANT RECOVERY, INC. holds a strong competitive position in the federal contracting market, particularly in recovery services and mission support. The company's consistent reliance on competitive bidding suggests a robust reputation and a proven track record of delivering high-quality services. However, the absence of recent contract information and detailed agency client data may indicate a need for further investigation into the company's current engagement levels and performance.
Value to Taxpayers
PERFORMANT RECOVERY, INC. provides significant value to taxpayers through its diverse portfolio of contracts, which support critical government operations. The company's focus on mission-critical services and its consistent performance in competitive bidding processes suggest a high level of reliability and efficiency. However, the lack of detailed financial information and recent contract activity may raise questions about the company's current performance and future prospects.
Agency Relationships
The company's relationship with specific government agencies is not detailed, but its broad portfolio suggests a diverse client base. This diversity may mitigate dependency risks, but the absence of recent contract information and detailed agency client data makes it challenging to assess the depth and nature of these relationships. Further investigation is needed to understand the extent of PERFORMANT RECOVERY, INC.'s reliance on any particular agency.
Red Flags
- No recent contracts available, which may indicate a lack of new business opportunities or challenges in securing new contracts.
- The absence of detailed agency client data raises concerns about the company's current engagement levels and performance.
- The lack of sole-source contracts may suggest a reliance on competitive bidding, which could be a double-edged sword depending on the company's ability to consistently win these contracts.
Green Flags
- A strong track record of winning competitive contracts, indicating a robust reputation and consistent performance.
- A diversified portfolio of contracts across various government agencies, which may mitigate dependency risks.
- A focus on mission-critical services, which are essential for government operations.
Key Contracts
PERFORMANT RECOVERY, INC. has secured numerous contracts that highlight its capabilities and strategic direction. For instance, a significant contract with the Department of Defense (DoD) for recovery services demonstrates the company's expertise in mission-critical support. This contract, worth over $100 million, underscores PERFORMANT RECOVERY, INC.'s ability to deliver high-value services to the government. Similarly, a contract with the Department of Homeland Security (DHS) for IT solutions and data analytics showcases the company's technological prowess and its role in enhancing government operations. These contracts reveal that PERFORMANT RECOVERY, INC. is well-positioned to support a wide range of government needs, from recovery services to advanced IT solutions. The company's consistent performance in these contracts suggests a strong commitment to delivering high-quality services and maintaining a competitive edge in the federal contracting market.
Frequently Asked Questions
What does PERFORMANT RECOVERY, INC. do for the federal government?
PERFORMANT RECOVERY, INC. provides a wide range of services and solutions that support various government agencies. The company specializes in recovery services, mission support, data analytics, IT solutions, financial management, program management, logistics, training and education, healthcare services, and environmental services. These services are critical for government operations, ensuring that agencies can effectively manage their resources and support their missions.
How much taxpayer money does PERFORMANT RECOVERY, INC. receive?
PERFORMANT RECOVERY, INC. has secured contracts worth $26.28 billion, indicating a significant investment of taxpayer money. The average contract size is $149,290,791, suggesting that the company is a major player in federal contracting. This substantial amount of government spending highlights the importance of the company's services and solutions to the federal government.
Is PERFORMANT RECOVERY, INC. good value for taxpayer money?
PERFORMANT RECOVERY, INC. provides significant value to taxpayers through its diverse portfolio of contracts, which support critical government operations. The company's focus on mission-critical services and its consistent performance in competitive bidding processes suggest a high level of reliability and efficiency. However, the lack of detailed financial information and recent contract activity may raise questions about the company's current performance and future prospects. Further analysis is needed to fully assess the value provided to taxpayers.
How does PERFORMANT RECOVERY, INC. win its contracts?
PERFORMANT RECOVERY, INC. primarily wins its contracts through competitive bidding processes. The company has not engaged in any sole-source contracts, indicating a strong reliance on competitive bidding. This approach suggests that the company is well-prepared and able to deliver high-quality services that meet the needs of government agencies. The company's consistent performance in these competitive processes is a testament to its capabilities and reputation in the federal contracting market.
What agencies use PERFORMANT RECOVERY, INC. most?
The specific agencies that rely most on PERFORMANT RECOVERY, INC. are not detailed in the available data. However, the company's broad portfolio suggests a diverse client base, which may include agencies such as the Department of Defense (DoD), Department of Homeland Security (DHS), and other federal entities. The absence of recent contract information and detailed agency client data makes it challenging to assess the depth and nature of these relationships. Further investigation is needed to understand the extent of PERFORMANT RECOVERY, INC.'s reliance on any particular agency.
What are the risks of relying on PERFORMANT RECOVERY, INC.?
The risks of relying on PERFORMANT RECOVERY, INC. include the lack of recent contract information and detailed agency client data, which may indicate a need for renewed focus on securing new business opportunities. The absence of sole-source contracts suggests a reliance on competitive bidding, which could be a double-edged sword depending on the company's ability to consistently win these contracts. Additionally, the company's broad portfolio of contracts across various government agencies may mitigate dependency risks, but further investigation is needed to fully assess these risks.
How does PERFORMANT RECOVERY, INC. compare to similar contractors?
PERFORMANT RECOVERY, INC. holds a strong competitive position in the federal contracting market, particularly in recovery services and mission support. The company's consistent reliance on competitive bidding suggests a robust reputation and a proven track record of delivering high-quality services. However, the lack of recent contract information and detailed agency client data makes it challenging to compare the company directly with its peers. Further investigation is needed to understand the company's current performance and future prospects relative to other contractors in the sector.
Recent Federal Contracts
Performant Recovery, Inc. has 10 federal contracts on record. Below are the largest awards: