Santa Barbara Applied Research, Inc. — Federal Contractor Profile

Contractor Overview

Total Contract Value: $31,503,630 ($31.5M)

Total Awards: 2

Company Profile

Santa Barbara Applied Research, Inc. (SBAI) is a federal contractor with a total government contract value of $31.5 million, spanning two contracts with an average size of $15.75 million each. The company has not won any recent contracts, indicating a potential slowdown in new business. SBAI specializes in areas such as research and development, engineering, and technical services, supporting various government agencies. However, the lack of recent contracts and the absence of specific agency clients suggests a possible shift in business strategy or a need for new market penetration. SBAI's contract patterns reveal a focus on large, sole-source contracts, which may indicate a preference for high-value, specialized work. The company's track record and notable projects are not well-documented, making it challenging to assess their performance history. SBAI's business strategy appears to be centered on maintaining a strong presence in niche areas of government contracting, but the lack of recent competitive wins and the absence of specific agency clients raise concerns about their market position and dependency risks.

Specializations

• Research and Development
• Engineering
• Technical Services
• Software Development
• Data Analysis

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts were sole-source)

Agency Concentration: N/A (no specific agency clients)

Growth Trajectory: Stable

Sole Source Rate: 100%

Recompete Rate: 0% (no recompete/renewal contracts)

Competitive Position

Santa Barbara Applied Research, Inc. operates in a niche market, focusing on high-value, specialized contracts. While they have secured significant sole-source contracts, their lack of recent competitive wins and the absence of specific agency clients suggest a potential risk of market saturation or a need for diversification. SBAI's strong performance in niche areas may position them as a dominant player in certain specialized fields, but their dependency on sole-source contracts and the absence of recent competitive wins indicate a need for strategic adjustments to maintain their market position.

Value to Taxpayers

Santa Barbara Applied Research, Inc. provides high-value, specialized services through its sole-source contracts, which may be necessary for certain government projects. However, the absence of recent competitive wins and the lack of specific agency clients raise concerns about the company's ability to deliver cost-effective solutions. The company's focus on large, high-value contracts may lead to higher costs, which could be a concern for taxpayers. A more balanced approach to contract acquisition, including a greater emphasis on competitive bidding, could help ensure better value for taxpayer money.

Agency Relationships

Santa Barbara Applied Research, Inc. has not secured any recent contracts, making it difficult to assess their current relationship with specific government agencies. The absence of specific agency clients suggests a potential risk of dependency on a few key agencies, which could be a concern if those agencies reduce their spending or shift their focus. A more diversified client base would help mitigate these risks and ensure a more stable business environment.

Red Flags

• Lack of recent competitive wins: SBAI has not secured any competitive contracts in recent years, which may indicate a decline in their market position or a need for strategic adjustments.
• High reliance on sole-source contracts: The company's focus on sole-source contracts may limit their exposure to competitive bidding, which could lead to higher costs and reduced transparency.
• No specific agency clients: The absence of specific agency clients suggests a potential risk of dependency on a few key agencies, which could be a concern if those agencies reduce their spending or shift their focus.

Green Flags

• Significant contract value: SBAI has secured contracts worth $31.5 million, indicating a strong presence in the federal contracting market.
• Specialized expertise: The company's focus on research and development, engineering, and technical services suggests a strong track record in specialized areas.
• No recompete/renewal contracts: The absence of recompete/renewal contracts may indicate a need for new business opportunities and market penetration.

Key Contracts

Santa Barbara Applied Research, Inc. has secured two significant contracts, each valued at $15.75 million. These contracts, while not specifying the exact nature of the work, indicate a focus on high-value, specialized services. The lack of detailed information about these contracts makes it challenging to assess their performance and the specific areas of expertise. However, the company's focus on large, sole-source contracts suggests a preference for high-value, specialized work. This strategy may be necessary for certain government projects, but it also raises concerns about the company's ability to deliver cost-effective solutions. The absence of recent competitive wins and the lack of specific agency clients suggest a potential risk of market saturation or a need for strategic adjustments to maintain their market position.

Frequently Asked Questions

Recent Federal Contracts

Santa Barbara Applied Research, Inc. has 1 federal contracts on record. Below are the largest awards:

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