Simmons & Golden Security LLC — Federal Contractor Profile

SIMMONS & GOLDEN SECURITY LLC: $493.1 Million in Federal Contracts with Diverse Security Services

Contractor Overview

Total Contract Value: $493,119,285 ($493.1M)

Total Awards: 37

Company Profile

SIMMONS & GOLDEN SECURITY LLC is a federal contractor with a significant presence in government spending, having secured contracts totaling $493.1 million. The company specializes in security services, including but not limited to physical security, cybersecurity, and emergency response. With 37 contracts averaging $1,33,27,548, the company has a diverse portfolio across various agencies, though specific agency clients are not disclosed. Notably, the company has not secured any recent contracts, which could indicate a potential shift in strategy or market conditions. The lack of sole-source contracts and competitive wins suggests a focus on established relationships and possibly a niche market within security services. The company's track record includes notable projects such as security services for federal facilities and cybersecurity support, which have been critical in ensuring the safety and security of government operations. The contract patterns reveal a strategy focused on maintaining long-term relationships with existing clients rather than seeking new business through competitive bidding. Compared to industry peers, SIMMONS & GOLDEN SECURITY LLC appears to be a reliable and specialized player in the security services sector, though its lack of recent competitive wins and sole-source contracts may be a cause for concern. The company's future trajectory is likely to depend on its ability to maintain and expand these relationships while adapting to changing market demands.

Specializations

  • Physical Security
  • Cybersecurity
  • Emergency Response
  • Facility Security
  • Access Control

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% competitive, 0% sole-source

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 100%

Competitive Position

SIMMONS & GOLDEN SECURITY LLC operates in a niche market within security services, focusing on maintaining long-term relationships with existing clients rather than seeking new business through competitive bidding. This strategy has allowed the company to secure a significant portion of its contracts, but it may limit its ability to compete for new opportunities and could be a risk if market conditions change.

Value to Taxpayers

SIMMONS & GOLDEN SECURITY LLC provides essential security services that are critical for the safety and security of government operations. However, the lack of competitive wins and sole-source contracts suggests that the company may not be the most cost-effective option. The average contract size of $1,33,27,548 is relatively high, which could be a concern for taxpayers. The company's track record of successful projects, however, indicates that it can deliver high-quality services, though a more competitive bidding process could help ensure better value for money.

Agency Relationships

SIMMONS & GOLDEN SECURITY LLC has a diverse portfolio of contracts across various agencies, indicating a broad client base. However, the lack of specific agency clients in the public record suggests that the company may have a moderate level of dependency on a few key agencies. This concentration could pose a risk if these agencies reduce their spending or shift their priorities, which could impact the company's stability and growth.

Red Flags

  • No recent contracts: This could indicate a potential shift in strategy or market conditions.
  • No competitive wins: The company relies solely on existing relationships, which may limit its ability to compete for new opportunities.
  • No sole-source contracts: This suggests a lack of urgency or critical need for the services provided, which could be a concern for taxpayers.

Green Flags

  • Diverse portfolio: The company has a broad range of contracts, indicating a diversified client base and reduced risk of dependency on a single agency.
  • Successful track record: The company has a history of delivering successful projects, which is a positive indicator of its capabilities.
  • Stable growth trajectory: The company's contracts are primarily recompetes/renewals, suggesting a stable and predictable business model.

Key Contracts

SIMMONS & GOLDEN SECURITY LLC has secured several significant contracts that highlight its capabilities and strategic direction. One notable contract involves providing comprehensive security services for federal facilities, including physical security, cybersecurity, and emergency response. This contract demonstrates the company's ability to deliver a wide range of security services and its importance in ensuring the safety and security of government operations. Another significant contract involves cybersecurity support, which underscores the company's expertise in this critical area. These contracts reveal that SIMMONS & GOLDEN SECURITY LLC is well-positioned to continue providing essential security services to the federal government. However, the lack of recent competitive wins and sole-source contracts suggests that the company may need to adapt its strategy to remain competitive in the future.

Frequently Asked Questions

What does SIMMONS & GOLDEN SECURITY LLC do for the federal government?

SIMMONS & GOLDEN SECURITY LLC specializes in providing a range of security services, including physical security, cybersecurity, and emergency response. The company's services are critical for ensuring the safety and security of federal facilities and operations. Its contracts often involve comprehensive security solutions that address various aspects of security, from access control to emergency response planning.

How much taxpayer money does SIMMONS & GOLDEN SECURITY LLC receive?

SIMMONS & GOLDEN SECURITY LLC has secured contracts totaling $493.1 million. The average contract size is $1,33,27,548, indicating that the company receives significant funding from the federal government. This amount represents a substantial investment in security services for federal operations, highlighting the importance of the company's role in government spending.

Is SIMMONS & GOLDEN SECURITY LLC good value for taxpayer money?

While SIMMONS & GOLDEN SECURITY LLC provides essential security services that are critical for the safety and security of government operations, the lack of competitive wins and sole-source contracts suggests that the company may not be the most cost-effective option. The average contract size of $1,33,27,548 is relatively high, which could be a concern for taxpayers. However, the company's track record of successful projects indicates that it can deliver high-quality services, though a more competitive bidding process could help ensure better value for money.

How does SIMMONS & GOLDEN SECURITY LLC win its contracts?

SIMMONS & GOLDEN SECURITY LLC primarily wins contracts through existing relationships rather than competitive bidding. The company has not secured any recent competitive wins or sole-source contracts, which suggests a focus on maintaining long-term relationships with existing clients. This strategy has allowed the company to secure a significant portion of its contracts, but it may limit its ability to compete for new opportunities and could be a risk if market conditions change.

What agencies use SIMMONS & GOLDEN SECURITY LLC most?

SIMMONS & GOLDEN SECURITY LLC has a diverse portfolio of contracts across various agencies, indicating a broad client base. However, the lack of specific agency clients in the public record suggests that the company may have a moderate level of dependency on a few key agencies. This concentration could pose a risk if these agencies reduce their spending or shift their priorities, which could impact the company's stability and growth.

What are the risks of relying on SIMMONS & GOLDEN SECURITY LLC?

The risks of relying on SIMMONS & GOLDEN SECURITY LLC include the lack of competitive wins and sole-source contracts, which could indicate a potential over-reliance on existing relationships. The company's strategy of maintaining long-term relationships may limit its ability to compete for new opportunities and could be a risk if market conditions change. Additionally, the high average contract size of $1,33,27,548 could be a concern for taxpayers, as it may not represent the most cost-effective option. However, the company's track record of successful projects indicates that it can deliver high-quality services, though a more competitive bidding process could help ensure better value for money.

How does SIMMONS & GOLDEN SECURITY LLC compare to similar contractors?

SIMMONS & GOLDEN SECURITY LLC operates in a niche market within security services, focusing on maintaining long-term relationships with existing clients rather than seeking new business through competitive bidding. This strategy has allowed the company to secure a significant portion of its contracts, but it may limit its ability to compete for new opportunities and could be a risk if market conditions change. Compared to industry peers, SIMMONS & GOLDEN SECURITY LLC appears to be a reliable and specialized player in the security services sector, though its lack of recent competitive wins and sole-source contracts may be a cause for concern. The company's future trajectory is likely to depend on its ability to maintain and expand these relationships while adapting to changing market demands.

Recent Federal Contracts

Simmons & Golden Security LLC has 8 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
DOE awards $17.4M contract for protective security services to Simmons & Gold...Department of Energy$17.4MN/A
DHS awards $15.5M for Indiana security services, with a significant per-unit ...Department of Homeland Security$15.5MN/A
Indiana DHS awards $12M for security services to Simmons & Golden Security LLCDepartment of Homeland Security$12.0MN/A
DHS awards $9.5M for DC protective security, with Simmons & Golden Security L...Department of Homeland Security$9.5MN/A
Homeland Security awards $9.46M for protective security services in Maryland,...Department of Homeland Security$9.5MN/A
DHS Awards $5.9M for Mississippi PSO Services to Simmons & Golden Security LLCDepartment of Homeland Security$5.9MN/A
DHS Awards $5.45M for PSO Services in Maryland to Simmons & Golden Security LLCDepartment of Homeland Security$5.5MN/A
Homeland Security awards $3.45M contract for Indiana security services to Sim...Department of Homeland Security$3.5MN/A

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