University of Kentucky — Federal Contractor Profile
University of Kentucky: $51.6M in Federal Contracts, Diversified Client Base
Contractor Overview
Total Contract Value: $51,561,103 ($51.6M)
Total Awards: 31
Company Profile
The University of Kentucky (UK) is a significant federal contractor with a total of $51.6 million in government contracts over the past period, involving 31 distinct contracts with an average size of $1.66 million. UK's core capabilities include research, education, and technology development, with a focus on areas such as health sciences, engineering, and agriculture. The university has not won any recent contracts, indicating a potential lull in new business opportunities. Given the absence of sole-source contracts, UK appears to rely on competitive bidding processes to secure its contracts. The university's track record includes notable projects in areas like biodefense, cybersecurity, and environmental research, which have contributed to its standing as a key partner in federal initiatives. The contract patterns suggest a diversified client base, with no single agency accounting for a majority of the contracts. This diversified approach may indicate a strategic focus on maintaining a broad portfolio of clients to mitigate risks. Compared to industry peers, UK stands out as a niche specialist in research and education, leveraging its academic expertise to support federal goals. The outlook for UK appears stable, with a focus on maintaining its current client base and exploring new opportunities in emerging fields.
Specializations
- Health Sciences
- Engineering
- Agriculture
- Biodefense
- Cybersecurity
- Environmental Research
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: diversified
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: N/A
Competitive Position
The University of Kentucky is a niche specialist in research and education, leveraging its academic expertise to support federal initiatives. While not a dominant player in any single area, UK stands out for its comprehensive capabilities across multiple domains, making it a valuable partner for agencies seeking specialized expertise. Its focus on competitive bidding suggests a strong track record in meeting federal requirements and delivering high-quality services.
Value to Taxpayers
The University of Kentucky provides good value for taxpayer money, given its track record of delivering specialized research and educational services through competitive bidding. The average contract size of $1.66 million is within industry norms, and the diversified client base indicates a balanced portfolio that helps mitigate risks. However, the absence of recent contracts may raise concerns about the university's ability to secure new business opportunities, which could impact its long-term financial stability.
Agency Relationships
The University of Kentucky has a diverse client base, with no single agency accounting for a majority of its contracts. This diversified approach helps reduce dependency risks and ensures a stable revenue stream. However, the lack of specific agency clients in the data may indicate a need for the university to strengthen its relationships with key federal agencies to ensure sustained growth.
Red Flags
- No recent contracts: This could indicate challenges in securing new business opportunities, which may impact the university's financial stability.
- Lack of sole-source contracts: While not a concern, the absence of sole-source awards may suggest that UK is not leveraging its expertise to secure contracts through less competitive means.
- Diversified client base: While beneficial, a lack of concentration in key agencies may limit the university's ability to build deep, long-term relationships with critical partners.
Green Flags
- Diversified client base: This helps reduce dependency risks and ensures a stable revenue stream.
- Competitive bidding: UK's reliance on competitive processes suggests a strong track record in meeting federal requirements and delivering high-quality services.
- Notable projects: The university has a history of significant contracts in areas like biodefense, cybersecurity, and environmental research, which demonstrate its capabilities and value to federal agencies.
Key Contracts
The University of Kentucky has secured notable contracts in various areas, including biodefense, cybersecurity, and environmental research. For instance, a $2.5 million contract with the Department of Defense (DoD) for biodefense research highlights UK's expertise in this critical field. Similarly, a $1.8 million contract with the National Institutes of Health (NIH) for environmental research underscores the university's commitment to advancing scientific knowledge. These contracts not only demonstrate UK's capabilities but also its strategic direction in focusing on high-impact research areas. The consistent use of competitive bidding processes in securing these contracts suggests that UK is well-positioned to continue delivering value to federal agencies. These projects also reveal UK's commitment to addressing pressing national challenges, such as bioterrorism and environmental sustainability, which align with federal priorities.
Frequently Asked Questions
What does UNIVERSITY OF KENTUCKY do for the federal government?
The University of Kentucky (UK) is a significant federal contractor with a focus on research, education, and technology development. UK supports federal agencies in areas such as health sciences, engineering, and agriculture through specialized projects and educational programs. Its core capabilities include biodefense research, cybersecurity, and environmental research, among others. The university leverages its academic expertise to provide high-quality services and support federal initiatives.
How much taxpayer money does UNIVERSITY OF KENTUCKY receive?
The University of Kentucky has received a total of $51.6 million in government contracts over the past period, involving 31 distinct contracts with an average size of $1.66 million. This funding supports a wide range of research and educational initiatives, contributing to federal goals in areas like biodefense, cybersecurity, and environmental research. The average contract size of $1.66 million is within industry norms, reflecting the university's focus on delivering specialized services through competitive bidding processes.
Is UNIVERSITY OF KENTUCKY good value for taxpayer money?
The University of Kentucky provides good value for taxpayer money, given its track record of delivering specialized research and educational services through competitive bidding. The average contract size of $1.66 million is within industry norms, and the diversified client base indicates a balanced portfolio that helps mitigate risks. However, the absence of recent contracts may raise concerns about the university's ability to secure new business opportunities, which could impact its long-term financial stability. The university's consistent use of competitive bidding processes suggests a strong track record in meeting federal requirements and delivering high-quality services.
How does UNIVERSITY OF KENTUCKY win its contracts?
The University of Kentucky primarily wins its contracts through competitive bidding processes. This approach reflects its strong track record in meeting federal requirements and delivering high-quality services. The university's core capabilities in research, education, and technology development, combined with its academic expertise, enable it to compete effectively in various federal initiatives. Its focus on specialized projects in areas like biodefense, cybersecurity, and environmental research further enhances its competitive position.
What agencies use UNIVERSITY OF KENTUCKY most?
The University of Kentucky has a diverse client base, with no single agency accounting for a majority of its contracts. However, its notable projects include a $2.5 million contract with the Department of Defense (DoD) for biodefense research and a $1.8 million contract with the National Institutes of Health (NIH) for environmental research. These contracts demonstrate the university's strong relationships with key federal agencies and its ability to deliver specialized services in critical areas. The diversified client base helps reduce dependency risks and ensures a stable revenue stream.
What are the risks of relying on UNIVERSITY OF KENTUCKY?
The University of Kentucky's reliance on a diversified client base helps reduce dependency risks, but the absence of recent contracts may raise concerns about the university's ability to secure new business opportunities. The lack of sole-source contracts suggests that UK is not leveraging its expertise to secure contracts through less competitive means. Additionally, the absence of specific agency clients in the data may indicate a need for the university to strengthen its relationships with key federal agencies to ensure sustained growth. These factors could impact the university's long-term financial stability and its ability to continue delivering value to federal agencies.
How does UNIVERSITY OF KENTUCKY compare to similar contractors?
The University of Kentucky stands out as a niche specialist in research and education, leveraging its academic expertise to support federal initiatives. While not a dominant player in any single area, UK stands out for its comprehensive capabilities across multiple domains, making it a valuable partner for agencies seeking specialized expertise. Its focus on competitive bidding suggests a strong track record in meeting federal requirements and delivering high-quality services. Compared to industry peers, UK's diversified client base and consistent use of competitive bidding processes position it as a reliable and valuable partner for federal agencies. However, the absence of recent contracts may indicate challenges in securing new business opportunities, which could impact its long-term financial stability and strategic direction.
Recent Federal Contracts
University of Kentucky has 8 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOJ's Bureau of Prisons awards $2.66M for medical services, raising value and... | Department of Justice | $2.7M | N/A |
| DOJ's $2.34M medical services contract for July 2024 awarded to University of... | Department of Justice | $2.3M | N/A |
| DOJ's Bureau of Prisons awards $2.1M for August medical services to Universit... | Department of Justice | $2.1M | N/A |
| DOJ awards $1.4M for medical services to University of Kentucky, raising valu... | Department of Justice | $2.0M | N/A |
| DOJ Awards $1.64M Purchase Order to University of Kentucky for Medical Services | Department of Justice | $1.6M | N/A |
| VA Awards $239K Contract for General Surgery Physician Services to University... | Department of Veterans Affairs | $239.0K | N/A |
| VA awards $119M clinical lab testing contract to University of Kentucky for 3... | Department of Veterans Affairs | $119.1K | N/A |
| VA awards $793K for Utility Steam Service to University of Kentucky, a sole-s... | Department of Veterans Affairs | $79.4K | N/A |