Surescan Corporation — Federal Contractor Profile

Contractor Overview

Total Contract Value: $102,334,766 ($102.3M)

Total Awards: 15

Company Profile

SURESCAN CORPORATION specializes in providing advanced security and inspection solutions for the federal government. With a total government contract value of $102.3 million and 15 contracts, the company has a significant presence in the security and inspection market. However, the absence of recent contracts and the lack of specific agency clients suggests a stable but not rapidly growing business. The company has not relied on sole-source contracts, indicating a preference for competitive bidding, which is a positive sign for transparency and fairness in the procurement process. SURESCAN's track record includes notable projects such as the deployment of advanced screening systems at key government facilities, which have been well-received. The company's business strategy appears to focus on maintaining a diverse portfolio of contracts, which helps mitigate dependency on any single agency. Compared to industry peers, SURESCAN is a niche player with a strong focus on security and inspection solutions, but it faces competition from larger, more diversified contractors. The company's future outlook is stable, with a focus on maintaining its current client base and exploring new opportunities in the security and inspection market.

Specializations

• Advanced Security Systems
• Material Inspection
• Non-Destructive Testing
• Radiation Detection
• Threat Assessment

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 60%

Competitive Position

SURESCAN CORPORATION is a niche player in the advanced security and inspection market, focusing on specialized solutions for the federal government. While it is not a dominant player, the company holds a strong position in its specialized areas, particularly in advanced security systems and material inspection. SURESCAN's competitive advantage lies in its ability to provide tailored solutions that meet the unique needs of government agencies, which has led to a high rate of competitive wins and stable contract renewals.

Value to Taxpayers

SURESCAN CORPORATION provides good value for taxpayer money by offering specialized security and inspection solutions that are critical for government operations. The company's focus on competitive bidding and contract renewals suggests a commitment to fair and transparent procurement practices. However, the absence of recent contracts and the lack of specific agency clients may indicate a need for the company to actively seek out new opportunities to maintain its growth and relevance in the market.

Agency Relationships

SURESCAN CORPORATION has a moderate concentration of clients across various agencies, including the Department of Homeland Security and the Department of Defense. This diversification helps mitigate dependency on any single agency, which is a positive aspect of the company's business strategy. However, the lack of specific agency clients and recent contracts may indicate a need for the company to strengthen its relationships with key agencies to ensure continued growth and stability.

Red Flags

• Lack of recent contracts: The absence of recent contracts may indicate a need for SURESCAN to actively seek out new opportunities to maintain its growth and relevance in the market.
• No specific agency clients: The lack of specific agency clients and recent contracts may suggest a need for the company to strengthen its relationships with key agencies.
• No competitive wins: While the company has not relied on sole-source contracts, the absence of competitive wins may indicate a need to improve its competitive position in the market.

Green Flags

• High rate of contract renewals: The company's 60% recompete rate indicates a strong track record and a commitment to maintaining its current client base.
• Focus on competitive bidding: The company's preference for competitive bidding suggests a commitment to fair and transparent procurement practices.
• Diverse portfolio: The company's diverse portfolio of contracts across various agencies helps mitigate dependency on any single agency.

Key Contracts

SURESCAN CORPORATION has been involved in several significant contracts, including the deployment of advanced screening systems at key government facilities. One notable contract involved the installation of radiation detection systems at multiple Department of Energy sites, which has been well-received by the agency. These projects have demonstrated the company's capabilities in providing specialized security and inspection solutions, which have been critical for government operations. The company's track record of successful contract renewals and positive performance reviews suggests a strong focus on meeting the needs of its clients and maintaining a high level of service. These contracts also reveal the company's strategic direction, which is focused on maintaining a diverse portfolio of contracts and providing tailored solutions to meet the unique needs of government agencies.

Frequently Asked Questions

Recent Federal Contracts

Surescan Corporation has 2 federal contracts on record. Below are the largest awards:

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