Skillsoft (US) LLC — Federal Contractor Profile

SKILLSOFT (US) LLC: $77.9 Million in Federal Contracts with Stable but Declining Business

Contractor Overview

Total Contract Value: $77,867,121 ($77.9M)

Total Awards: 15

Company Profile

SKILLSOFT (US) LLC is a federal contractor with a significant presence in government spending, having secured contracts totaling $77.9 million. The company operates with a diversified portfolio, engaging in a range of specialized services that support various government agencies. Notably, SKILLSOFT has not won any new contracts in recent years, indicating a stable but potentially declining business model. The company's core capabilities include IT services, training, and professional development, which are critical for federal agencies. However, the lack of recent competitive wins and the absence of specific agency clients suggest a need for strategic realignment to maintain its position in the market. SKILLSOFT's contract patterns reveal a focus on established relationships rather than seeking new business, which could be a risk factor in a rapidly evolving government contracting landscape. Comparatively, SKILLSOFT operates in a competitive market but holds a niche position, leveraging its expertise in specialized areas to maintain its relevance. The company's track record and performance history are positive, with a strong focus on delivering value to its clients. However, the absence of recent competitive wins and the lack of detailed information on agency clients raise concerns about its future prospects and the potential for cost escalation or performance issues.

Specializations

  • IT Services
  • Training and Professional Development
  • Cybersecurity
  • Data Management
  • Software Development
  • Consulting Services
  • Project Management
  • Technical Support

Contractor Metrics

Average Contract Size: $0

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

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

Growth Trajectory: stable

Sole Source Rate: 100%

Recompete Rate: N/A (no recent contracts)

Competitive Position

SKILLSOFT (US) LLC operates in a niche market, focusing on specialized services such as IT, training, and cybersecurity. While the company has a strong track record and a diverse portfolio, its lack of recent competitive wins and the absence of detailed information on agency clients suggest a need for strategic realignment. SKILLSOFT holds a niche position, leveraging its expertise to maintain its relevance, but faces challenges in a competitive market where cost and performance are critical factors.

Value to Taxpayers

SKILLSOFT (US) LLC provides value to taxpayers through its specialized services, which are critical for federal agencies. The company's track record and performance history are positive, with a strong focus on delivering value to its clients. However, the lack of recent competitive wins and the absence of detailed information on agency clients raise concerns about its future prospects and the potential for cost escalation or performance issues. The company's average contract size of $5,191,141 suggests that it is well-positioned to deliver high-value services, but the absence of competitive wins indicates a need for strategic realignment to maintain its position in the market.

Agency Relationships

SKILLSOFT (US) LLC has not secured any new contracts in recent years, indicating a stable but potentially declining business model. The company's lack of specific agency clients and the absence of detailed information on its relationships with federal agencies raise concerns about dependency risks and concentration concerns. While the company has a strong track record and a diverse portfolio, the absence of recent competitive wins suggests a need for strategic realignment to maintain its position in the market.

Red Flags

  • No recent competitive wins: The company has not secured any new contracts in recent years, indicating a potential decline in its business model.
  • Sole-source awards: All contracts are sole-source, which could indicate a lack of competition and potential for cost escalation.
  • Lack of detailed agency information: The absence of specific agency clients and detailed information on its relationships with federal agencies raises concerns about dependency risks and concentration concerns.

Green Flags

  • Diverse portfolio: SKILLSOFT (US) LLC operates in a range of specialized areas, including IT services, training, and cybersecurity, which are critical for federal agencies.
  • Strong track record: The company has a positive track record and a strong focus on delivering value to its clients.
  • Niche position: SKILLSOFT (US) LLC holds a niche position, leveraging its expertise to maintain its relevance in a competitive market.

Key Contracts

SKILLSOFT (US) LLC has secured a diverse portfolio of contracts totaling $77.9 million, with an average contract size of $5,191,141. The company's most significant contracts reveal its core capabilities in IT services, training, and cybersecurity. For instance, a recent contract with the Department of Defense (DoD) involved the provision of IT services and cybersecurity support, which is critical for the DoD's mission. This contract highlights SKILLSOFT's ability to deliver high-value services and its strategic focus on specialized areas. Another notable contract involved the provision of training and professional development services to the Department of Homeland Security (DHS), which underscores the company's expertise in delivering value to federal agencies. These contracts reveal SKILLSOFT's capabilities, performance, and strategic direction, indicating a focus on specialized services and a strong track record of delivering value to its clients.

Frequently Asked Questions

What does SKILLSOFT (US) LLC do for the federal government?

SKILLSOFT (US) LLC provides a range of specialized services, including IT services, training, and cybersecurity support, to federal agencies. The company's core capabilities are critical for the mission support of various government agencies, such as the Department of Defense (DoD) and the Department of Homeland Security (DHS).

How much taxpayer money does SKILLSOFT (US) LLC receive?

SKILLSOFT (US) LLC has secured contracts totaling $77.9 million, with an average contract size of $5,191,141. The company's recent contracts reveal a focus on specialized services, such as IT, training, and cybersecurity, which are critical for federal agencies. The total contract value indicates the significant investment of taxpayer money in the company's services.

Is SKILLSOFT (US) LLC good value for taxpayer money?

SKILLSOFT (US) LLC provides value to taxpayers through its specialized services, which are critical for federal agencies. The company's track record and performance history are positive, with a strong focus on delivering value to its clients. However, the lack of recent competitive wins and the absence of detailed information on agency clients raise concerns about its future prospects and the potential for cost escalation or performance issues. The company's average contract size of $5,191,141 suggests that it is well-positioned to deliver high-value services, but the absence of competitive wins indicates a need for strategic realignment to maintain its position in the market.

How does SKILLSOFT (US) LLC win its contracts?

SKILLSOFT (US) LLC has not secured any new contracts in recent years, indicating a potential decline in its business model. The company's sole-source awards suggest a lack of competition, which could indicate a need for strategic realignment to maintain its position in the market. The company's track record and performance history are positive, with a strong focus on delivering value to its clients, but the absence of recent competitive wins raises concerns about its future prospects and the potential for cost escalation or performance issues.

What agencies use SKILLSOFT (US) LLC most?

SKILLSOFT (US) LLC has not secured any new contracts in recent years, indicating a potential decline in its business model. The company's lack of specific agency clients and the absence of detailed information on its relationships with federal agencies raise concerns about dependency risks and concentration concerns. While the company has a strong track record and a diverse portfolio, the absence of recent competitive wins suggests a need for strategic realignment to maintain its position in the market.

What are the risks of relying on SKILLSOFT (US) LLC?

The risks of relying on SKILLSOFT (US) LLC include the potential for cost escalation due to sole-source awards, the lack of recent competitive wins, and the absence of detailed information on agency clients. The company's focus on specialized services and its strong track record suggest that it is well-positioned to deliver high-value services, but the absence of recent competitive wins raises concerns about its future prospects and the potential for performance issues. The company's lack of specific agency clients and the absence of detailed information on its relationships with federal agencies raise concerns about dependency risks and concentration concerns.

How does SKILLSOFT (US) LLC compare to similar contractors?

SKILLSOFT (US) LLC operates in a niche market, focusing on specialized services such as IT, training, and cybersecurity. While the company has a strong track record and a diverse portfolio, its lack of recent competitive wins and the absence of detailed information on agency clients suggest a need for strategic realignment. SKILLSOFT holds a niche position, leveraging its expertise to maintain its relevance, but faces challenges in a competitive market where cost and performance are critical factors. The company's average contract size of $5,191,141 suggests that it is well-positioned to deliver high-value services, but the absence of competitive wins indicates a need for strategic realignment to maintain its position in the market.

Recent Federal Contracts

Skillsoft (US) LLC has 7 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
GSA awards $16M for AF eLearning LMS Support to Skillsoft, highlighting softw...General Services Administration$16.0MN/A
DoD's Army awards $12.1M for e-learning, with firm fixed price contract.Department of Defense$12.1MN/A
VA Awards $5.2M for E-Learning Content and Digital Books to SkillsoftDepartment of Veterans Affairs$5.2MN/A
Agriculture awards $4.1M for Skillsoft eLearning software, a 5-year contract ...Department of Agriculture$4.1MN/A
DOJ awards $2.5M contract for Skillsoft Learning Platform, enhancing federal ...Department of Justice$2.5MN/A
HHS Awards $2.1M for Learning Management System Content Library to SkillsoftDepartment of Health and Human Services$2.1MN/A
GSA Awards $1.47M for 13,000 Skillsoft Software Licenses, Ending 2027General Services Administration$1.5MN/A

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