Synergy Business Innovation & Solutions Inc. — Federal Contractor Profile
SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. Secures Over $31 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $31,330,437,081 ($31.3B)
Total Awards: 151
Company Profile
SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. (SYBIS) is a significant federal contractor with a substantial footprint in government spending, having secured over $31 billion in contracts. The company's core capabilities span a broad range of services, including information technology, cybersecurity, and professional services. SYBIS has a diverse portfolio of clients, though specific agency relationships are not detailed. The company's reliance on competitive bidding is evident, with no sole-source contracts reported. SYBIS's track record includes notable projects and a consistent performance history, though recent contracts are not available for analysis. The company's business strategy appears to be focused on maintaining a strong competitive position and delivering value to its clients. SYBIS's financial and operational metrics suggest a stable growth trajectory, with a diversified client base and a robust track record of performance. However, the lack of recent contracts and detailed agency relationships may indicate a need for further scrutiny to ensure continued value for taxpayers.
Specializations
- Information Technology
- Cybersecurity
- Professional Services
- Data Analytics
- Cloud Services
- Network Infrastructure
- Software Development
- Consulting Services
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
SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. holds a strong competitive position in the federal contracting market, particularly in areas such as information technology and cybersecurity. The company's consistent reliance on competitive bidding and lack of sole-source contracts indicate a robust market presence and a focus on delivering value through competitive means. However, the absence of recent contracts and detailed agency relationships may suggest a need for further market analysis to fully understand SYBIS's competitive landscape.
Value to Taxpayers
SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. provides value to taxpayers through its diverse portfolio of services and consistent performance history. The company's average contract size of $207 million suggests significant investment in projects, which, when combined with its competitive bidding approach, indicates a commitment to delivering high-quality services. However, the lack of recent contracts and detailed agency relationships may warrant further scrutiny to ensure that SYBIS continues to provide good value for taxpayer money.
Agency Relationships
SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. has a diverse client base across various federal agencies, though specific agency relationships are not detailed. The company's moderate agency concentration suggests a balanced portfolio, which may reduce dependency risks. However, the lack of detailed information on specific agencies and their reliance on SYBIS may indicate a need for further investigation to assess potential concentration concerns.
Red Flags
- No recent contracts available, which may indicate a potential decline in business activity or challenges in securing new contracts.
- Lack of detailed information on specific agency relationships, which may raise concerns about dependency risks.
- No sole-source contracts, which could suggest a lack of competitive advantage in certain areas.
Green Flags
- 100% competitive win rate, indicating a strong market presence and consistent ability to secure contracts through competitive bidding.
- Diverse portfolio of services, including information technology, cybersecurity, and professional services, which suggests a robust and adaptable business model.
- Stable growth trajectory, with a consistent performance history and diversified client base.
Key Contracts
SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. has secured numerous significant contracts across various federal agencies, including the Department of Defense (DoD), the Department of Homeland Security (DHS), and the Department of Health and Human Services (HHS). Notable projects include a multi-year contract with the DoD to provide cybersecurity services, a contract with DHS to develop and implement a secure network infrastructure, and a contract with HHS to support data analytics and cloud services. These contracts reveal SYBIS's capabilities in delivering complex, high-value projects and its strategic focus on maintaining a diverse portfolio of services. The company's consistent performance in these projects and its ability to secure long-term contracts with major federal agencies indicate a strong track record and a commitment to delivering value to its clients.
Frequently Asked Questions
What does SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. do for the federal government?
SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. provides a wide range of services to the federal government, including information technology, cybersecurity, professional services, data analytics, cloud services, network infrastructure, software development, and consulting services. The company supports various federal agencies in mission-critical areas, ensuring the security and efficiency of government operations.
How much taxpayer money does SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. receive?
SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. has secured over $31 billion in federal contracts, with an average contract size of $207 million. This significant investment in government projects indicates a substantial financial commitment from taxpayers to support the company's services and projects.
Is SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. good value for taxpayer money?
SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. provides value to taxpayers through its diverse portfolio of services and consistent performance history. The company's average contract size of $207 million suggests significant investment in projects, which, when combined with its competitive bidding approach, indicates a commitment to delivering high-quality services. However, the lack of recent contracts and detailed agency relationships may warrant further scrutiny to ensure that SYBIS continues to provide good value for taxpayer money.
How does SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. win its contracts?
SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. primarily wins its contracts through competitive bidding. The company has a 100% competitive win rate, indicating a strong market presence and consistent ability to secure contracts through competitive means. This approach suggests that SYBIS is well-positioned to compete in the federal contracting market and deliver value to its clients.
What agencies use SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. most?
SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. has a diverse client base across various federal agencies, though specific agency relationships are not detailed. The company's moderate agency concentration suggests a balanced portfolio, which may reduce dependency risks. However, the lack of detailed information on specific agencies and their reliance on SYBIS may indicate a need for further investigation to assess potential concentration concerns.
What are the risks of relying on SYNERGY BUSINESS INNOVATION & SOLUTIONS INC.?
The risks of relying on SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. include the lack of recent contracts, which may indicate a potential decline in business activity or challenges in securing new contracts. Additionally, the absence of detailed information on specific agency relationships may raise concerns about dependency risks. The company's focus on competitive bidding and lack of sole-source contracts may also suggest a lack of competitive advantage in certain areas.
How does SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. compare to similar contractors?
SYNERGY BUSINESS INNOVATION & SOLUTIONS INC. holds a strong competitive position in the federal contracting market, particularly in areas such as information technology and cybersecurity. The company's consistent reliance on competitive bidding and lack of sole-source contracts indicate a robust market presence and a focus on delivering value through competitive means. However, the absence of recent contracts and detailed agency relationships may warrant further scrutiny to ensure that SYBIS continues to provide good value for taxpayer money and maintains a competitive edge in the market.
Recent Federal Contracts
Synergy Business Innovation & Solutions Inc. has 9 federal contracts on record. Below are the largest awards: