Starkey Laboratories Inc — Federal Contractor Profile

Contractor Overview

Total Contract Value: $52,306,305 ($52.3M)

Total Awards: 23

Company Profile

STARKEY LABORATORIES INC is a leading provider of hearing solutions, including hearing aids, assistive listening devices, and related services. The company's core capabilities lie in advanced hearing technology, clinical services, and research and development. While the company has a significant presence in the private sector, its involvement in federal contracts is relatively modest, with a total value of $52.3 million across 23 contracts. Notably, STARKEY LABORATORIES INC has not won any new contracts in recent years, indicating a stable but potentially declining business strategy in the federal sector. The company's contracts are primarily focused on providing hearing aids and related services to federal agencies, with no specific agency clients mentioned. The lack of recent contracts and the absence of competitive bidding suggest a reliance on existing relationships and possibly a niche market approach within the federal sector.

Specializations

• Hearing aids
• Assistive listening devices
• Clinical services
• Research and development
• Hearing technology

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

STARKEY LABORATORIES INC holds a niche position in the federal sector, focusing on specialized hearing solutions. While the company is a dominant player in the private market, its federal contracts are relatively small and do not indicate a broad competitive advantage. The lack of competitive bidding suggests a reliance on existing relationships and a niche market approach.

Value to Taxpayers

STARKEY LABORATORIES INC provides specialized hearing solutions, which are essential for federal employees with hearing impairments. The company's contracts are relatively small, and the lack of competitive bidding may indicate higher costs. However, the company's expertise in hearing technology and clinical services ensures that federal employees receive high-quality care, which is crucial for their health and productivity.

Agency Relationships

STARKEY LABORATORIES INC's contracts are spread across various federal agencies, but no specific agency clients are mentioned. The company's reliance on existing relationships and the absence of competitive bidding suggest a stable but potentially declining business strategy. While the company's expertise is valuable, the lack of recent contracts and the absence of a strong agency dependency may indicate a need for diversification.

Red Flags

• No recent contracts: This suggests a potential decline in federal business and a need for diversification.
• Sole-source contracts: The absence of competitive bidding may indicate higher costs and a lack of market competition.
• No specific agency clients: The lack of concentration on any particular agency may indicate a need for stronger relationships.

Green Flags

• Specialized expertise: STARKEY LABORATORIES INC's focus on hearing technology and clinical services is a significant strength.
• High-quality care: The company's expertise ensures that federal employees receive high-quality hearing solutions.
• Diverse contract portfolio: The company's contracts are spread across various federal agencies, indicating a diverse client base.

Key Contracts

STARKEY LABORATORIES INC has a diverse portfolio of contracts, primarily focused on providing hearing aids and related services to federal agencies. While the company has not won any new contracts in recent years, its contracts are relatively small, with an average value of $2,274,187. The company's contracts are primarily sole-source, indicating a reliance on existing relationships and a niche market approach. These contracts reveal the company's core capabilities in hearing technology and clinical services, as well as its focus on providing high-quality care to federal employees. However, the lack of recent contracts and the absence of competitive bidding may indicate a need for diversification and a broader market strategy.

Frequently Asked Questions

Recent Federal Contracts

Starkey Laboratories Inc has 5 federal contracts on record. Below are the largest awards:

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