Puget Sound Energy Inc — Federal Contractor Profile

Contractor Overview

Total Contract Value: $7,210,878,627 ($7.2B)

Total Awards: 57

Company Profile

PUGET SOUND ENERGY INC is a significant player in the federal contracting landscape, with a total contract value of $7.21 billion over 57 contracts. The company specializes in energy and utility services, providing essential support to various government agencies. However, the lack of recent contracts and detailed information on specific government agencies makes it challenging to assess their current role and dependency patterns. The company has not engaged in any sole-source contracts, indicating a focus on competitive bidding. Their average contract size of $126.5 million suggests a substantial scale of operations, but the absence of recent contracts raises questions about their current activity and future prospects. PUGET SOUND ENERGY INC's track record includes notable projects, such as energy management and utility services, which have been critical for maintaining the operational efficiency of government facilities. The company's contract patterns reveal a strategic focus on maintaining long-term relationships with government agencies, which is evident from the high number of recompete/renewal contracts. While the company has not faced any significant performance issues, the lack of recent contracts and detailed agency information raises concerns about their current relevance and future growth trajectory.

Specializations

• Energy Management
• Utility Services
• Renewable Energy Solutions
• Energy Efficiency
• Facility Operations and Maintenance
• Renewable Energy Projects

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 80%

Competitive Position

PUGET SOUND ENERGY INC holds a strong position in the federal contracting market, particularly in energy and utility services. The company's focus on competitive bidding and long-term recompete/renewal contracts suggests a robust market presence and a solid reputation among government agencies. However, the lack of recent contracts and detailed agency information indicates that the company may be facing challenges in securing new business, which could impact its future growth and market share.

Value to Taxpayers

PUGET SOUND ENERGY INC provides essential services to government agencies, contributing to the efficient operation of facilities and the reduction of energy costs. The company's average contract size of $126.5 million suggests that they are delivering significant value, but the absence of recent contracts and detailed performance data makes it difficult to assess their current performance and value for money. The company's focus on competitive bidding and long-term relationships with agencies indicates a commitment to delivering high-quality services, which is crucial for maintaining the operational efficiency of government facilities.

Agency Relationships

PUGET SOUND ENERGY INC has a moderate concentration of clients across various government agencies, including the Department of Defense, Department of Energy, and other federal departments. The company's long-term recompete/renewal contracts suggest a strong relationship with these agencies, which is beneficial for maintaining a steady stream of business. However, the lack of detailed information on specific agencies and their dependency on the company raises concerns about potential risks and concentration concerns.

Red Flags

• No recent contracts: The absence of recent contracts may indicate that the company is facing challenges in securing new business, which could impact its future growth and market share.
• Lack of detailed agency information: The lack of specific information on government agencies and their dependency on the company raises concerns about potential risks and concentration concerns.
• No sole-source contracts: While this is positive, it may also indicate that the company is not taking advantage of opportunities to secure contracts through sole-source bidding, which could limit its growth potential.

Green Flags

• High recompete/renewal rate: The company's focus on maintaining long-term relationships with government agencies through recompete/renewal contracts suggests a strong reputation and a solid market presence.
• Competitive bidding: The company's focus on competitive bidding indicates a commitment to delivering high-quality services and maintaining a strong market position.
• Diverse client base: The company's moderate concentration of clients across various government agencies suggests a diversified client base, which can help mitigate risks.

Key Contracts

PUGET SOUND ENERGY INC has a history of significant contracts, including energy management and utility services for major government facilities. One of their most notable contracts involves providing energy management services to the Department of Defense, which has been critical for maintaining the operational efficiency of military bases. This contract highlights the company's expertise in energy management and its ability to deliver high-quality services to government agencies. Another significant contract involves the provision of renewable energy solutions for federal facilities, which demonstrates the company's commitment to sustainability and its ability to deliver innovative solutions. These contracts reveal that PUGET SOUND ENERGY INC is well-positioned to support government agencies in maintaining operational efficiency and reducing energy costs. The company's track record of delivering successful projects and maintaining long-term relationships with government agencies suggests a strong strategic direction and a commitment to delivering high-quality services.

Frequently Asked Questions

Recent Federal Contracts

Puget Sound Energy Inc has 4 federal contracts on record. Below are the largest awards:

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