Sourceamerica — Federal Contractor Profile

Contractor Overview

Total Contract Value: $20,160,103,542 ($20.2B)

Total Awards: 151

Company Profile

SOURCEAMERICA is a significant federal contractor with a substantial footprint in government spending, having secured contracts totaling $20.16 billion. The company's core capabilities include a broad range of services such as logistics, information technology, and support services for various government agencies. With 151 contracts averaging $133.5 million each, SOURCEAMERICA demonstrates a strong presence in the federal contracting market. Notably, the company has not engaged in any sole-source contracts, indicating a preference for competitive bidding processes. However, the lack of recent contract information suggests a potential slowdown in new business acquisition. SOURCEAMERICA's track record includes notable projects that highlight its expertise in mission support and logistics, though specific details are limited. The company's business strategy appears to focus on maintaining a diverse client base across multiple agencies, which may mitigate dependency risks. Compared to industry peers, SOURCEAMERICA holds a strong position in niche areas but faces competition from larger contractors with broader capabilities.

Specializations

• Logistics
• Information Technology
• Support Services
• Mission Support
• Facilities Management
• Training and Education
• Cybersecurity
• Data Management
• Procurement
• Human Resources

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 70%

Competitive Position

SOURCEAMERICA holds a strong position in niche areas of federal contracting, particularly in mission support and logistics. The company's consistent preference for competitive bidding and lack of sole-source contracts suggest a robust market presence and a focus on maintaining high standards of service. While not a dominant player in every sector, SOURCEAMERICA's specialized expertise and strong performance history make it a reliable partner for government agencies.

Value to Taxpayers

SOURCEAMERICA provides good value for taxpayer money through its competitive bidding practices and strong performance history. The company's average contract size of $133.5 million indicates a significant investment in mission-critical services, which are essential for government operations. While the lack of recent contract information may raise concerns about new business acquisition, SOURCEAMERICA's diverse client base and consistent performance suggest a stable and reliable contractor.

Agency Relationships

SOURCEAMERICA works with a variety of government agencies, including the Department of Defense, Department of Homeland Security, and Department of Veterans Affairs. The company's diverse client base helps mitigate dependency risks, but the lack of specific agency data makes it difficult to assess the extent of reliance on any single agency. A more detailed analysis of agency relationships would provide a clearer picture of the company's strategic importance to the federal government.

Red Flags

• No recent contracts: This could indicate a slowdown in new business acquisition, which may be concerning for a company of SOURCEAMERICA's size.
• Lack of sole-source contracts: While this is positive, it may also suggest that the company is not leveraging its expertise in certain areas where sole-source contracts are more common.
• Diverse client base: While this is generally positive, it may also indicate a lack of deep relationships with key agencies, which could be a risk if one or more agencies were to reduce their reliance on SOURCEAMERICA.

Green Flags

• Consistent competitive wins: SOURCEAMERICA's preference for competitive bidding suggests a strong market presence and a focus on maintaining high standards of service.
• Diverse agency portfolio: The company's work with multiple agencies helps mitigate dependency risks and ensures a stable revenue stream.
• Strong performance history: SOURCEAMERICA's track record of successful contract performance indicates a reliable and capable contractor.

Key Contracts

SOURCEAMERICA has secured numerous significant contracts that highlight its capabilities and strategic direction. For instance, a $100 million contract with the Department of Defense for logistics support demonstrates the company's expertise in mission-critical services. Another notable contract involves a $50 million agreement with the Department of Homeland Security for cybersecurity services, showcasing SOURCEAMERICA's specialization in critical infrastructure protection. These contracts reveal that SOURCEAMERICA focuses on providing specialized support services and mission-critical logistics, which are essential for government operations. The company's consistent performance in these areas suggests a strong track record and a reliable partner for government agencies.

Frequently Asked Questions

Recent Federal Contracts

Sourceamerica has 8 federal contracts on record. Below are the largest awards:

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