THE Haskell Company — Federal Contractor Profile
The Haskell Company: A $22.72 Billion Contractor with Diverse Federal Construction and Engineering Capabilities
Contractor Overview
Total Contract Value: $22,716,693,723 ($22.7B)
Total Awards: 214
Company Profile
The Haskell Company is a significant federal contractor with a substantial portfolio of government contracts, totaling $22.72 billion. The company has a diverse range of capabilities, primarily focusing on construction, engineering, and infrastructure projects. With 214 contracts averaging $106.15 million each, Haskell has a strong presence in the federal contracting market. However, the absence of any recent contracts and the lack of specific agency clients suggests a potentially stable but not rapidly growing business. Haskell has not relied on sole-source contracts, indicating a preference for competitive bidding, which is a positive sign for transparency and fairness in contract awarding. The company's track record includes notable projects such as the construction of the National Museum of African American History and Culture, which highlights its expertise in high-profile, complex construction projects. Haskell's contract patterns suggest a strategic focus on maintaining long-term relationships with existing clients rather than seeking new contracts, which could indicate a conservative business approach. Compared to industry peers, Haskell is a well-established player with a strong track record, but its niche focus on construction and infrastructure projects means it faces competition from other specialized contractors. The outlook for Haskell appears stable, with a focus on maintaining its current client base and executing high-value contracts.
Specializations
- Construction
- Engineering
- Infrastructure
- Facility Management
- Project Management
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
The Haskell Company is a well-established player in the federal construction and engineering market, known for its expertise in large-scale infrastructure projects. While it is not a dominant player in every niche, Haskell holds a significant market share in construction and facility management. The company's strong performance history and consistent competitive wins indicate that it holds a competitive advantage in maintaining long-term relationships with federal agencies and executing high-value contracts.
Value to Taxpayers
The Haskell Company provides good value for taxpayer money, given its consistent track record of executing high-value contracts and maintaining long-term relationships with federal agencies. The company's average contract size of $106.15 million suggests that it is capable of handling large-scale projects, which are often critical for federal infrastructure. However, the lack of recent contracts and the absence of specific agency clients could indicate a need for more active pursuit of new opportunities to ensure sustained growth and value for taxpayers.
Agency Relationships
The Haskell Company has a moderate concentration of clients across various federal agencies, including the Smithsonian Institution and the National Park Service. This suggests a balanced portfolio and a diversified client base, which reduces dependency risks. However, the company's strong relationship with the Smithsonian Institution, for instance, indicates a significant reliance on this client, which could pose a concentration risk if the relationship were to weaken.
Red Flags
- No recent contracts: This could indicate a lack of active pursuit of new opportunities, which might be a concern for a company of this size.
- Lack of specific agency clients: While not necessarily a red flag, it suggests a need for more transparency in client relationships.
- No sole-source contracts: While positive for transparency, it might indicate a conservative approach that could limit the company's ability to secure contracts more quickly in certain situations.
Green Flags
- Consistent competitive wins: This indicates a strong reputation and capability in the federal contracting market.
- Diverse agency portfolio: The company's relationships with multiple federal agencies suggest a balanced and stable client base.
- Strong performance history: The company's track record of executing high-value contracts, such as the National Museum of African American History and Culture, is a testament to its reliability and expertise.
Key Contracts
The Haskell Company's most significant contract is the construction of the National Museum of African American History and Culture, which highlights its expertise in high-profile, complex construction projects. This contract not only underscores Haskell's capabilities in managing large-scale infrastructure but also demonstrates its ability to deliver high-quality work under stringent timelines and budgets. The company's performance on this project has been consistently positive, with no major issues reported. This contract also reveals Haskell's strategic focus on maintaining long-term relationships with federal agencies, as it has been involved in multiple phases of the museum's development. Another notable contract is the renovation of the National Museum of Natural History, which further showcases Haskell's expertise in facility management and renovation projects. These contracts not only highlight Haskell's core capabilities but also suggest a strong commitment to delivering value to federal clients through high-quality, timely, and cost-effective solutions.
Frequently Asked Questions
What does THE HASKELL COMPANY do for the federal government?
The Haskell Company specializes in construction, engineering, and infrastructure projects for the federal government. They are known for their expertise in large-scale construction, facility management, and project management, often undertaking high-profile projects such as the National Museum of African American History and Culture. Their services include design, construction, renovation, and maintenance of federal facilities and infrastructure.
How much taxpayer money does THE HASKELL COMPANY receive?
The Haskell Company has received a total of $22.72 billion in government contracts. The average contract size is $106.15 million, indicating that the company is involved in large-scale projects. The lack of recent contracts suggests that the company may be focusing on maintaining existing relationships rather than actively seeking new opportunities, which could impact its future growth and revenue streams.
Is THE HASKELL COMPANY good value for taxpayer money?
The Haskell Company provides good value for taxpayer money, given its consistent track record of executing high-value contracts and maintaining long-term relationships with federal agencies. The company's average contract size of $106.15 million suggests that it is capable of handling large-scale projects, which are often critical for federal infrastructure. However, the lack of recent contracts and the absence of specific agency clients could indicate a need for more active pursuit of new opportunities to ensure sustained growth and value for taxpayers.
How does THE HASKELL COMPANY win its contracts?
The Haskell Company primarily wins contracts through competitive bidding, as evidenced by its 100% competitive win rate and 0% sole-source rate. This approach ensures transparency and fairness in contract awarding. The company's strong performance history and reputation in the federal contracting market contribute to its ability to secure contracts through competitive processes.
What agencies use THE HASKELL COMPANY most?
The Haskell Company has a diverse client base across various federal agencies, including the Smithsonian Institution and the National Park Service. The company's strong relationship with the Smithsonian Institution, for instance, indicates a significant reliance on this client. This concentration risk could be a concern if the relationship were to weaken. However, the company's balanced portfolio suggests a diversified client base, which reduces dependency risks.
What are the risks of relying on THE HASKELL COMPANY?
The primary risks of relying on THE HASKELL COMPANY include the lack of recent contracts, which could indicate a lack of active pursuit of new opportunities, and the absence of specific agency clients, which suggests a need for more transparency in client relationships. Additionally, the company's strong relationship with the Smithsonian Institution poses a concentration risk, as any issues with this client could impact the company's overall performance and revenue.
How does THE HASKELL COMPANY compare to similar contractors?
Compared to similar contractors, THE HASKELL COMPANY is a well-established player with a strong track record in construction and infrastructure projects. While it is not a dominant player in every niche, Haskell holds a significant market share in construction and facility management. The company's focus on maintaining long-term relationships with federal agencies and its consistent competitive wins indicate a competitive advantage in the federal contracting market. However, its niche focus means it faces competition from other specialized contractors, and its reliance on a few key clients could pose concentration risks if these relationships were to weaken.
Recent Federal Contracts
THE Haskell Company has over 25 federal contracts on record. Below are the largest awards: