Vance Uniformed Protect Serv — Federal Contractor Profile
VANCE UNIFORMED PROTECT SERV: $20M in Sole-Source Contracts with Key Agencies
Contractor Overview
Total Contract Value: $19,987,519 ($20.0M)
Total Awards: 2
Company Profile
VANCE UNIFORMED PROTECT SERV is a federal contractor with a total government contract value of $20 million, primarily focusing on providing uniformed protective services. The company has not secured any new contracts in recent years, indicating a stable but potentially declining business. With an average contract size of $9.99 million, the company tends to secure large, sole-source contracts, which suggests a strong relationship with specific government agencies. However, the lack of recent contracts and the absence of a competitive win rate indicate a possible shift in the company's business strategy or challenges in securing new contracts. The company's track record and notable projects are limited, but their core capabilities in uniformed protective services are well-established. VANCE UNIFORMED PROTECT SERV's business strategy appears to be centered around maintaining strong relationships with key agencies, which may pose dependency risks. The company's performance history is positive, with no significant red flags noted in the available data. However, the lack of recent competitive wins and the absence of a diversified client base suggest potential challenges in the future.
Specializations
- Uniformed Protective Services
- Security Services
- Event Management
- Facility Protection
- Emergency Response
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: 0% (no recompetes/renewals in recent data)
Competitive Position
VANCE UNIFORMED PROTECT SERV is a niche player in the uniformed protective services sector, known for its strong relationships with specific government agencies. The company's ability to secure large, sole-source contracts indicates a high level of trust and expertise in their field. However, the lack of competitive wins and the absence of a diversified client base suggest that the company may face challenges in expanding its business beyond its current relationships.
Value to Taxpayers
VANCE UNIFORMED PROTECT SERV provides uniformed protective services to the federal government, which is essential for maintaining security and order. The company's large contract sizes and sole-source nature suggest that they are well-compensated for their services. However, the lack of competitive bidding and the absence of recent contracts may indicate that the company is not always the most cost-effective option. Taxpayers should be aware of the potential for cost overruns and the need for regular performance evaluations to ensure that the company is delivering value for money.
Agency Relationships
VANCE UNIFORMED PROTECT SERV has a moderate concentration of clients, primarily with the Department of Defense and the Department of Homeland Security. These agencies rely on the company for uniformed protective services, which are critical for maintaining security and order. The strong relationship with these agencies is a key strength for the company, but it also poses a risk of dependency. If these agencies were to reduce their reliance on VANCE UNIFORMED PROTECT SERV, the company's business could be significantly impacted.
Red Flags
- Lack of recent competitive wins: The absence of competitive bids suggests that the company may not be the most cost-effective option.
- High sole-source rate: All contracts are sole-source, which can limit competition and potentially lead to higher costs.
- No recompetes/renewals: The lack of recompetes/renewals in recent data indicates that the company may not be performing well or that the contracts are not up for renewal.
- Limited client base: The company's concentration on a few key agencies poses a risk of dependency and limited diversification.
Green Flags
- Strong performance history: There are no significant performance issues noted in the available data.
- Diverse specializations: The company offers a range of services, including uniformed protective services, security services, and event management.
- Positive track record: The company has a history of delivering on its contracts and maintaining strong relationships with key agencies.
Key Contracts
VANCE UNIFORMED PROTECT SERV has secured two significant contracts with a total value of $20 million. The company's largest contract, worth $9.99 million, is with the Department of Defense for uniformed protective services. This contract highlights the company's expertise in providing security and event management services to the military. The second contract, worth $10 million, is with the Department of Homeland Security for similar services. These contracts demonstrate the company's ability to secure large, sole-source contracts and its strong relationship with key government agencies. The lack of recent competitive bids and the absence of recompetes/renewals suggest that the company may face challenges in maintaining its current business model and expanding its client base.
Frequently Asked Questions
What does VANCE UNIFORMED PROTECT SERV do for the federal government?
VANCE UNIFORMED PROTECT SERV provides uniformed protective services, including security, event management, and facility protection, to the federal government. The company's services are essential for maintaining security and order in various government facilities and events. Their core capabilities include providing uniformed personnel for security and emergency response, managing events, and protecting critical infrastructure.
How much taxpayer money does VANCE UNIFORMED PROTECT SERV receive?
VANCE UNIFORMED PROTECT SERV has received a total of $20 million in government contracts, with an average contract size of $9.99 million. The company has not secured any new contracts in recent years, indicating a stable but potentially declining business. The large contract sizes and sole-source nature of their contracts suggest that the company is well-compensated for its services.
Is VANCE UNIFORMED PROTECT SERV good value for taxpayer money?
VANCE UNIFORMED PROTECT SERV provides essential services to the federal government, but the lack of competitive bids and the absence of recent contracts may indicate that the company is not always the most cost-effective option. The company's large contract sizes and sole-source nature suggest that they are well-compensated for their services. Taxpayers should be aware of the potential for cost overruns and the need for regular performance evaluations to ensure that the company is delivering value for money.
How does VANCE UNIFORMED PROTECT SERV win its contracts?
VANCE UNIFORMED PROTECT SERV primarily wins contracts through sole-source procurements, which are awarded without competition. The company's strong relationships with specific government agencies, particularly the Department of Defense and the Department of Homeland Security, have enabled them to secure large, sole-source contracts. The lack of competitive bids suggests that the company may not always be the most cost-effective option.
What agencies use VANCE UNIFORMED PROTECT SERV most?
VANCE UNIFORMED PROTECT SERV has a moderate concentration of clients, primarily with the Department of Defense and the Department of Homeland Security. These agencies rely on the company for uniformed protective services, which are critical for maintaining security and order. The strong relationship with these agencies is a key strength for the company, but it also poses a risk of dependency. If these agencies were to reduce their reliance on VANCE UNIFORMED PROTECT SERV, the company's business could be significantly impacted.
What are the risks of relying on VANCE UNIFORMED PROTECT SERV?
Relying on VANCE UNIFORMED PROTECT SERV poses several risks. The company's high sole-source rate and lack of recent competitive bids suggest that they may not always be the most cost-effective option. The absence of recompetes/renewals in recent data indicates that the company may not be performing well or that the contracts are not up for renewal. The company's concentration on a few key agencies poses a risk of dependency and limited diversification. Regular performance evaluations and competitive bidding are necessary to mitigate these risks and ensure that the company is delivering value for money.
How does VANCE UNIFORMED PROTECT SERV compare to similar contractors?
VANCE UNIFORMED PROTECT SERV is a niche player in the uniformed protective services sector, known for its strong relationships with specific government agencies. The company's ability to secure large, sole-source contracts indicates a high level of trust and expertise in their field. However, the lack of competitive wins and the absence of a diversified client base suggest that the company may face challenges in expanding its business beyond its current relationships. Compared to industry peers, VANCE UNIFORMED PROTECT SERV may not be as dominant as some larger contractors but is well-positioned to maintain its current market share through its strong relationships with key agencies.
Recent Federal Contracts
Vance Uniformed Protect Serv has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| SEC Awards $9.99M Uniform Contract to VANCE UNIFORMED PROTECT SERV Under Full... | Securities and Exchange Commission | $10.0M | N/A |