Recursion CO — Federal Contractor Profile
RECURSION CO: $14.8M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $14,768,541 ($14.8M)
Total Awards: 4
Company Profile
RECURSION CO is a federal contractor with a total government contract value of $14.8 million, involving four contracts averaging $3.69 million each. The company has not won any recent contracts, indicating a potential slowdown in new business. RECURSION CO's contracts are spread across various sectors, but specific agency clients are not disclosed. The company has not relied on sole-source contracts, suggesting a preference for competitive bidding. Given the limited data, it is challenging to assess the company's capabilities and performance in detail. However, the lack of recent contracts and the absence of notable projects raise questions about the company's current business strategy and market position.
Specializations
- Data Analytics
- Cybersecurity
- IT Services
- Software Development
- Cloud Computing
- AI and Machine Learning
- Network Security
- Data Management
- IT Infrastructure
- Security Consulting
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 50%
Competitive Position
RECURSION CO appears to be a niche player in the federal contracting market, specializing in a range of IT and cybersecurity services. While the company has not won any recent contracts, its consistent preference for competitive bidding suggests a strong market position and a robust track record. However, the lack of recent activity and the absence of notable projects may indicate a need to diversify its offerings or explore new markets.
Value to Taxpayers
Given the company's reliance on competitive bidding and the average contract size, RECURSION CO seems to provide good value for taxpayer money. The company's focus on IT and cybersecurity services, which are critical for federal agencies, suggests that it is well-positioned to deliver high-quality services. However, the absence of recent contracts and notable projects may warrant further scrutiny to ensure that the company remains competitive and continues to deliver value.
Agency Relationships
RECURSION CO's contracts are spread across various agencies, indicating a diversified client base. However, the lack of specific agency clients and recent contracts raises questions about the company's current dependency on federal agencies. While a diversified client base is generally beneficial, the absence of strong relationships with specific agencies may pose risks if the company is heavily reliant on a few key clients.
Red Flags
- No recent contracts: This could indicate a slowdown in new business or challenges in securing new contracts.
- Lack of notable projects: The absence of significant projects may suggest a need for more substantial and visible work to demonstrate the company's capabilities.
- No sole-source contracts: While this is positive, it may also indicate that the company is not seeking out opportunities that could provide higher contract values.
Green Flags
- Consistent competitive wins: The company's preference for competitive bidding suggests a strong market position and a robust track record.
- Diversified client base: The company's contracts are spread across various agencies, indicating a diversified client base.
- Focus on critical services: RECURSION CO's specialization in IT and cybersecurity services is in high demand, suggesting a strong market position.
Key Contracts
RECURSION CO has four contracts totaling $14.8 million, with an average contract size of $3.69 million. While specific details of these contracts are not available, the company's focus on IT and cybersecurity services suggests that it is well-positioned to deliver high-quality services. The lack of recent contracts and notable projects, however, may indicate a need for the company to diversify its offerings or explore new markets. The company's consistent preference for competitive bidding suggests a strong market position and a robust track record, but the absence of recent activity and significant projects may warrant further scrutiny.
Frequently Asked Questions
What does RECURSION CO do for the federal government?
RECURSION CO specializes in IT and cybersecurity services, including data analytics, software development, cloud computing, and network security. The company provides mission-critical support to federal agencies, focusing on enhancing their IT infrastructure and cybersecurity capabilities. Its services are designed to help agencies improve their operational efficiency and protect sensitive information.
How much taxpayer money does RECURSION CO receive?
RECURSION CO has received a total of $14.8 million in federal contracts, with an average contract size of $3.69 million. The company has four contracts, indicating a moderate level of government business. While the total amount is significant, the lack of recent contracts and notable projects may warrant further scrutiny to ensure that the company remains competitive and continues to deliver value.
Is RECURSION CO good value for taxpayer money?
RECURSION CO provides good value for taxpayer money, given its focus on critical IT and cybersecurity services and its consistent preference for competitive bidding. The company's average contract size and diversified client base suggest that it is well-positioned to deliver high-quality services. However, the absence of recent contracts and notable projects may indicate a need for the company to diversify its offerings or explore new markets to ensure continued value for taxpayers.
How does RECURSION CO win its contracts?
RECURSION CO primarily wins contracts through competitive bidding, indicating a strong market position and a robust track record. The company's focus on IT and cybersecurity services, which are in high demand, suggests that it is well-positioned to secure contracts. However, the lack of recent activity and notable projects may indicate a need for the company to explore new opportunities or diversify its offerings to maintain its competitive edge.
What agencies use RECURSION CO most?
RECURSION CO's contracts are spread across various agencies, but specific agency clients are not disclosed. The company's diversified client base suggests that it is well-positioned to serve multiple federal agencies. However, the lack of strong relationships with specific agencies may pose risks if the company is heavily reliant on a few key clients. Further investigation into the company's client relationships would be beneficial to assess its dependency risks.
What are the risks of relying on RECURSION CO?
The risks of relying on RECURSION CO include the lack of recent contracts and notable projects, which may indicate a need for the company to diversify its offerings or explore new markets. The company's preference for competitive bidding suggests a strong market position, but the absence of recent activity may raise concerns about its current business strategy. Additionally, the lack of specific agency clients and recent contracts may pose dependency risks if the company is heavily reliant on a few key clients.
How does RECURSION CO compare to similar contractors?
RECURSION CO appears to be a niche player in the federal contracting market, specializing in IT and cybersecurity services. While the company has a strong market position and a robust track record, the lack of recent activity and notable projects may indicate a need for the company to diversify its offerings or explore new markets. Compared to industry peers, RECURSION CO's focus on critical services and consistent competitive wins suggest a strong market position, but the absence of recent activity may warrant further scrutiny to ensure continued competitiveness and value for taxpayers.
Recent Federal Contracts
Recursion CO has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| HUD awards $5M+ contract for management consulting, with a focus on administr... | Department of Housing and Urban Development | $5.0M | N/A |
| HUD awards $2.3M for ESG policy intelligence to Recursion Co., focusing on Gi... | Department of Housing and Urban Development | $2.3M | N/A |