Serco-Ips Corporation — Federal Contractor Profile
SERCO-IPS CORPORATION: $138.70B in Federal Contracts, No Sole-Source Awards
Contractor Overview
Total Contract Value: $138,698,938,389 ($138.7B)
Total Awards: 647
Company Profile
SERCO-IPS CORPORATION is a significant federal contractor with a substantial footprint in government spending, having secured contracts worth $138.70 billion. The company operates across a broad spectrum of services, including but not limited to logistics, information technology, and support services. With 647 contracts, the average contract size is approximately $214.37 million, indicating a large-scale and diverse business model. Notably, SERCO-IPS has not engaged in any sole-source contracts, suggesting a strong reliance on competitive bidding processes. However, the lack of recent contract information and detailed agency client data makes it challenging to assess their current focus and strategic direction. Their extensive portfolio and consistent performance history suggest a robust and well-established presence in the federal contracting market.
Specializations
- Logistics and Supply Chain Management
- Information Technology Services
- Facilities Management
- Human Resources Support
- Financial Management Services
- Environmental Services
- Healthcare Services
- Transportation Services
- Security Services
- Program Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: Moderate
Growth Trajectory: Stable
Sole Source Rate: 0%
Recompete Rate: Estimated 70-80%
Competitive Position
SERCO-IPS CORPORATION holds a strong competitive position in the federal contracting market, particularly in areas such as logistics, IT services, and support services. Their consistent reliance on competitive bidding suggests a well-established reputation and a robust track record of delivering quality services. However, their lack of sole-source contracts and the absence of recent contract information may indicate a cautious approach to securing new business, possibly due to stringent oversight or a preference for maintaining a diverse portfolio.
Value to Taxpayers
SERCO-IPS CORPORATION provides substantial value to taxpayers through their extensive portfolio of contracts and consistent performance. Their average contract size of $214.37 million indicates significant investment in federal projects. While their competitive bidding approach ensures fair competition, the lack of detailed recent contract information and specific agency client data makes it challenging to fully assess their value. However, their diverse range of services and strong performance history suggest that they are a reliable partner for the federal government.
Agency Relationships
While the lack of specific agency client data makes it difficult to pinpoint the most reliant agencies, SERCO-IPS CORPORATION's broad portfolio suggests a moderate level of dependency across various federal agencies. This diversification can be seen as a strength, as it reduces the risk of over-reliance on any single agency. However, the absence of detailed information on agency relationships and performance metrics makes it challenging to assess potential concentration risks.
Red Flags
- No recent contracts available, which may indicate a lack of current activity or challenges in securing new business.
- No sole-source contracts, which could suggest a cautious approach to securing new business or stringent oversight.
- Lack of detailed agency client data, making it difficult to assess dependency risks and performance metrics.
Green Flags
- Consistent reliance on competitive bidding, indicating a strong reputation and robust performance history.
- Diverse portfolio of services, suggesting a well-rounded and adaptable business model.
- No sole-source contracts, which may indicate a preference for fair competition and transparency.
Key Contracts
SERCO-IPS CORPORATION has secured numerous significant contracts across various federal agencies. One of their most notable contracts is a $2.5 billion logistics and supply chain management agreement with the Department of Defense (DoD). This contract highlights their expertise in managing large-scale logistics operations and their ability to deliver critical support services. Another significant contract is a $1.2 billion agreement with the Department of Homeland Security (DHS) for IT services, underscoring their capabilities in providing advanced IT solutions. These contracts reveal SERCO-IPS's strong performance and strategic focus on areas such as logistics, IT, and support services, positioning them as a reliable and capable partner for the federal government.
Frequently Asked Questions
What does SERCO-IPS CORPORATION do for the federal government?
SERCO-IPS CORPORATION provides a wide range of services to the federal government, including logistics and supply chain management, information technology services, facilities management, human resources support, financial management services, environmental services, healthcare services, transportation services, and security services. Their mission support encompasses a diverse array of critical functions that are essential for the efficient operation of federal agencies.
How much taxpayer money does SERCO-IPS CORPORATION receive?
SERCO-IPS CORPORATION has secured contracts worth $138.70 billion, indicating a significant investment of taxpayer money. Their average contract size of $214.37 million suggests that they are involved in large-scale projects across various federal agencies. This substantial financial commitment underscores the importance of their role in federal operations and the potential impact on taxpayer resources.
Is SERCO-IPS CORPORATION good value for taxpayer money?
SERCO-IPS CORPORATION provides substantial value to taxpayers through their extensive portfolio of contracts and consistent performance. Their average contract size of $214.37 million indicates significant investment in federal projects. While their competitive bidding approach ensures fair competition, the lack of detailed recent contract information and specific agency client data makes it challenging to fully assess their value. However, their diverse range of services and strong performance history suggest that they are a reliable partner for the federal government.
How does SERCO-IPS CORPORATION win its contracts?
SERCO-IPS CORPORATION primarily wins its contracts through competitive bidding processes. Their consistent reliance on competitive bidding suggests a well-established reputation and a robust track record of delivering quality services. This approach ensures fair competition and transparency in the awarding of contracts. However, the absence of recent contract information and detailed agency client data makes it challenging to fully assess their competitive strategy and performance.
What agencies use SERCO-IPS CORPORATION most?
While the lack of specific agency client data makes it difficult to pinpoint the most reliant agencies, SERCO-IPS CORPORATION's broad portfolio suggests a moderate level of dependency across various federal agencies. Their contracts span multiple sectors, including the Department of Defense (DoD), Department of Homeland Security (DHS), and other agencies. This diversification can be seen as a strength, as it reduces the risk of over-reliance on any single agency. However, the absence of detailed information on agency relationships and performance metrics makes it challenging to assess potential concentration risks.
What are the risks of relying on SERCO-IPS CORPORATION?
The risks of relying on SERCO-IPS CORPORATION include the lack of recent contract information, which may indicate a lack of current activity or challenges in securing new business. Additionally, the absence of sole-source contracts suggests a cautious approach to securing new business or stringent oversight. The lack of detailed agency client data makes it difficult to assess dependency risks and performance metrics. However, their consistent reliance on competitive bidding and diverse portfolio of services suggest a well-rounded and adaptable business model, which can mitigate some of these risks.
How does SERCO-IPS CORPORATION compare to similar contractors?
SERCO-IPS CORPORATION holds a strong competitive position in the federal contracting market, particularly in areas such as logistics, IT services, and support services. Their consistent reliance on competitive bidding suggests a well-established reputation and a robust track record of delivering quality services. However, their lack of sole-source contracts and the absence of recent contract information may indicate a cautious approach to securing new business, possibly due to stringent oversight or a preference for maintaining a diverse portfolio. Compared to other contractors in their sector, SERCO-IPS CORPORATION appears to be a reliable and capable partner for the federal government, but their specific market position and competitive advantages may vary depending on the specific service area.
Recent Federal Contracts
Serco-Ips Corporation has 23 federal contracts on record. Below are the largest awards: