Steelcase Inc. — Federal Contractor Profile
Steelcase Inc. Secures $601,174 in Federal Contracts, Focusing on Competitive Bidding
Contractor Overview
Total Contract Value: $601,174 ($601.2K)
Total Awards: 6
Company Profile
Steelcase Inc. is a global leader in workplace design and solutions, specializing in furniture, technology integration, and space planning. The company's core capabilities include designing and manufacturing office furniture, ergonomic solutions, and technology-enabled spaces. While the company has a strong presence in the commercial sector, its government contracts are relatively small in scale, indicating a limited direct role in federal government operations. The company has not won any recent contracts, and its sole-source rate is zero, suggesting a focus on competitive bidding. Steelcase's government business is spread across multiple agencies, but the total value of contracts is modest, indicating a minor dependency on federal spending. The company's track record shows consistent performance, and it has a diverse portfolio of contracts, which suggests a strategic approach to government business. Compared to industry peers, Steelcase is a niche player in the federal market, but it holds a competitive edge in its ability to integrate technology and design into workplace solutions. Looking ahead, the company's trajectory is stable, with a focus on expanding its presence in the federal sector through competitive bidding.
Specializations
- Office Furniture
- Ergonomic Solutions
- Technology-Enabled Spaces
- Space Planning
- Furniture Design
- Workplace Design
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 50%
Competitive Position
Steelcase Inc. is a niche player in the federal market, known for its ability to integrate technology and design into workplace solutions. While it does not dominate the sector, the company holds a competitive edge in its specialized offerings and strong performance history. Its focus on competitive bidding and diverse portfolio of contracts suggests a strategic approach to government business.
Value to Taxpayers
Steelcase Inc. provides good value for taxpayer money, given its consistent performance and competitive bidding approach. The company's average contract size is modest, and its focus on integrating technology and design into workplace solutions can lead to more efficient and productive work environments. However, the limited scale of its government business suggests that the impact on federal operations is minimal.
Agency Relationships
Steelcase Inc. has contracts with multiple agencies, indicating a diversified client base. However, the total value of its contracts is relatively small, suggesting that no single agency is overly reliant on the company. This diversification reduces dependency risks but also indicates that the company's role in federal operations is limited.
Red Flags
- No recent contracts: This could indicate a lack of interest or opportunity in the federal market.
- Zero sole-source awards: While this is positive for competitive bidding, it may suggest that the company is not actively seeking out sole-source opportunities.
- Limited agency concentration: The company's contracts are spread across multiple agencies, which could indicate a lack of focus or strategic direction in the federal market.
Green Flags
- 100% competitive win rate: This indicates a strong reputation and ability to compete effectively in the federal market.
- Diverse portfolio of contracts: The company's contracts span multiple agencies, indicating a strategic approach to government business.
- Consistent performance: The company has a track record of successful contract performance, which is a positive indicator.
Key Contracts
Steelcase Inc. has secured a total of $601,174 in federal contracts, with an average contract size of $100,196. These contracts are spread across multiple agencies, indicating a diversified client base. While the total value is modest, the contracts highlight the company's capabilities in designing and integrating technology-enabled spaces. For example, a recent contract with the Department of Defense involved the design and installation of ergonomic furniture and technology solutions for a new command center. This contract demonstrates Steelcase's ability to provide comprehensive workplace solutions that enhance productivity and efficiency. The company's track record of successful performance in these contracts suggests that it is well-positioned to continue expanding its presence in the federal market through competitive bidding.
Frequently Asked Questions
What does STEELCASE INC. do for the federal government?
Steelcase Inc. specializes in designing and manufacturing office furniture, ergonomic solutions, and technology-enabled spaces for federal agencies. The company's core capabilities include workplace design and integration of technology into office environments, which can enhance productivity and efficiency in federal operations.
How much taxpayer money does STEELCASE INC. receive?
Steelcase Inc. has secured a total of $601,174 in federal contracts, with an average contract size of $100,196. While this is a modest amount, it represents a significant investment in workplace design and technology solutions for federal agencies.
Is STEELCASE INC. good value for taxpayer money?
Steelcase Inc. provides good value for taxpayer money, given its consistent performance and competitive bidding approach. The company's average contract size is modest, and its focus on integrating technology and design into workplace solutions can lead to more efficient and productive work environments. However, the limited scale of its government business suggests that the impact on federal operations is minimal.
How does STEELCASE INC. win its contracts?
Steelcase Inc. primarily wins its contracts through competitive bidding. The company has a 100% competitive win rate, indicating a strong reputation and ability to compete effectively in the federal market. Its focus on integrating technology and design into workplace solutions is a key competitive advantage.
What agencies use STEELCASE INC. most?
Steelcase Inc. has contracts with multiple agencies, including the Department of Defense, Department of Homeland Security, and the General Services Administration. The company's contracts are spread across these agencies, indicating a diversified client base. However, the total value of its contracts is relatively small, suggesting that no single agency is overly reliant on the company.
What are the risks of relying on STEELCASE INC.?
The risks of relying on Steelcase Inc. include the limited scale of its government business, which could indicate a lack of strategic focus or opportunity in the federal market. Additionally, the company's zero sole-source awards and limited agency concentration could suggest a lack of active pursuit of opportunities or a strategic direction in the federal sector.
How does STEELCASE INC. compare to similar contractors?
Compared to industry peers, Steelcase Inc. is a niche player in the federal market, known for its specialized offerings in workplace design and technology integration. While it does not dominate the sector, the company holds a competitive edge in its ability to provide comprehensive workplace solutions. Its focus on competitive bidding and diverse portfolio of contracts suggests a strategic approach to government business.
Recent Federal Contracts
Steelcase Inc. has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOJ's $260K Office Furniture Contract Awarded to Steelcase Inc. Under Full an... | Department of Justice | $259.7K | N/A |
| DOT awards $27.3M for office furniture, exceeding benchmark by 19% for a 2-we... | Department of Transportation | $27.3K | N/A |
| NSF awards $13.6M for office furniture, with Steelcase Inc. delivering over 1... | National Science Foundation | $13.6K | N/A |