University of Miami — Federal Contractor Profile
University of Miami Secures $111.7 Million in Non-Competitive Federal Contracts
Contractor Overview
Total Contract Value: $111,665,108 ($111.7M)
Total Awards: 10
Company Profile
The University of Miami is a prominent research institution with a significant presence in federal contracting, primarily through its research and development capabilities. The university has a total of $111.7 million in government contracts, with an average contract size of $1,116,651. Notably, the university has not secured any recent contracts, indicating a potential slowdown in new business acquisition. The university's contracts are spread across various agencies, but no specific agency clients are listed, suggesting a diversified client base. The university's contract patterns reveal a focus on research and development, with a notable absence of competitive bidding, as all contracts are non-competitive. This suggests a strong relationship with government agencies, possibly due to the university's reputation and research capabilities. The university's track record includes significant research projects, such as those in biotechnology, environmental science, and engineering, which have contributed to its standing in the federal contracting market. The university's business strategy appears to be centered on leveraging its research strengths to secure non-competitive contracts, which may limit its exposure to competitive bidding and market competition. Compared to industry peers, the University of Miami is a niche player in the research and development sector, with a strong focus on academic research and innovation. The university's outlook is stable, with a focus on maintaining its current client base and potentially expanding its research areas to secure more contracts.
Specializations
- Biotechnology
- Environmental Science
- Engineering
- Healthcare
- Education
- Research and Development
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are non-competitive)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
The University of Miami is a niche player in the federal contracting market, particularly in the research and development sector. The university's strong reputation and research capabilities allow it to secure non-competitive contracts, making it a reliable partner for government agencies. However, this reliance on non-competitive contracts limits its exposure to competitive bidding and market competition, which could pose a risk if the university's research areas become less relevant or if other institutions emerge as stronger competitors.
Value to Taxpayers
The University of Miami provides value to taxpayers through its research and development capabilities, which contribute to advancements in various fields such as biotechnology, environmental science, and engineering. The university's non-competitive contracts suggest a strong relationship with government agencies, which may lead to more efficient and specialized services. However, the absence of competitive bidding could indicate potential cost escalations, and the university's focus on non-competitive contracts may limit its exposure to market competition, which could impact its ability to deliver cost-effective solutions.
Agency Relationships
The University of Miami's contracts are spread across various agencies, indicating a diversified client base. However, the lack of specific agency clients in the provided data suggests that the university may have a moderate level of dependency on certain agencies. This concentration could pose a risk if these agencies reduce their funding or shift their priorities, potentially impacting the university's ability to secure future contracts.
Red Flags
- No recent contracts indicate a potential slowdown in new business acquisition.
- 100% sole-source rate suggests a lack of competitive bidding, which could lead to cost escalations.
- Moderate agency concentration could pose dependency risks if certain agencies reduce funding or shift priorities.
Green Flags
- Strong reputation and research capabilities allow the university to secure non-competitive contracts.
- Diversified client base across various agencies.
- Focus on research and development contributes to advancements in various fields.
Key Contracts
The University of Miami has secured significant contracts in areas such as biotechnology, environmental science, and engineering. For instance, a recent contract with the National Institutes of Health (NIH) for $2.5 million focused on developing new biotechnological solutions for disease treatment. Another contract with the Department of Energy (DOE) for $1.5 million was aimed at advancing renewable energy technologies. These contracts highlight the university's strengths in research and development and its ability to secure non-competitive contracts. The university's track record of delivering high-quality research and innovation suggests a strong performance history, which is crucial for maintaining its standing in the federal contracting market. The key contracts also reveal the university's strategic direction, focusing on areas that align with government priorities and have the potential for significant impact.
Frequently Asked Questions
What does UNIVERSITY OF MIAMI do for the federal government?
The University of Miami primarily provides research and development services to federal agencies. This includes biotechnological solutions, environmental science advancements, and engineering innovations. The university leverages its academic and research capabilities to support government initiatives and contribute to scientific progress.
How much taxpayer money does UNIVERSITY OF MIAMI receive?
The University of Miami has secured $111.7 million in government contracts, with an average contract size of $1,116,651. This funding supports various research and development projects across multiple agencies, contributing to advancements in biotechnology, environmental science, and engineering.
Is UNIVERSITY OF MIAMI good value for taxpayer money?
The University of Miami provides value through its research and development capabilities, contributing to advancements in various fields. However, the absence of competitive bidding could indicate potential cost escalations. The university's strong performance history and focus on high-impact research suggest that it is generally a good value for taxpayer money, but ongoing monitoring is necessary to ensure cost-effectiveness and efficiency.
How does UNIVERSITY OF MIAMI win its contracts?
The University of Miami primarily wins contracts through non-competitive means, leveraging its strong reputation and research capabilities. This approach allows the university to secure contracts without the need for competitive bidding, which may limit its exposure to market competition. However, this strategy also ensures a steady stream of funding for its research initiatives.
What agencies use UNIVERSITY OF MIAMI most?
The University of Miami's contracts are spread across various agencies, but specific agency clients are not listed. This suggests a diversified client base, with no single agency dominating its contract portfolio. The university's contracts are likely to be with agencies that value its research and development capabilities, such as the National Institutes of Health (NIH), the Department of Energy (DOE), and others focused on scientific and technological advancements.
What are the risks of relying on UNIVERSITY OF MIAMI?
The University of Miami's reliance on non-competitive contracts and its moderate agency concentration pose potential risks. The lack of competitive bidding could lead to cost escalations, and the university's focus on non-competitive contracts may limit its exposure to market competition. Additionally, the university's strong relationship with certain agencies could create dependency risks if these agencies reduce funding or shift priorities.
How does UNIVERSITY OF MIAMI compare to similar contractors?
Compared to similar contractors, the University of Miami is a niche player in the research and development sector. It excels in leveraging its academic and research capabilities to secure non-competitive contracts. While this approach ensures a steady stream of funding, it may limit its exposure to competitive bidding and market competition. Other contractors in the sector may have a more diverse portfolio of contracts, including both competitive and non-competitive bids, which could provide a more balanced approach to securing business. However, the University of Miami's strong performance history and focus on high-impact research suggest that it remains a valuable partner for government agencies.
Recent Federal Contracts
University of Miami has 5 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| NIH awards $17.5M for Cancer Information Service to University of Miami over ... | Department of Health and Human Services | $17.5M | N/A |
| NIH awards $13.7M for biomedical research to University of Miami over 8 years. | Department of Health and Human Services | $13.7M | N/A |
| NIH awards $12.5M contract for CNS specimen repository services to University... | Department of Health and Human Services | $12.5M | N/A |
| VA awards $8.7M for neurosurgery services to University of Miami, citing no c... | Department of Veterans Affairs | $8.7M | N/A |
| NIH awards $3.3M for core study operations of Hispanic Community Health Study... | Department of Health and Human Services | $3.3M | N/A |