Verizon Federal Incorporated — Federal Contractor Profile
Verizon Federal Inc. Secures $25.5M in Federal Contracts
Contractor Overview
Total Contract Value: $25,463,827 ($25.5M)
Total Awards: 2
Company Profile
Verizon Federal Incorporated is a significant player in the federal contracting landscape, with a total contract value of $25.5 million over two contracts. The company specializes in telecommunications, network infrastructure, and IT services, which are critical for federal agencies. While the company has not won any recent contracts, its historical performance and contract sizes indicate a strong presence in the market. The lack of detailed information on specific agencies and contract details suggests a need for further investigation into its client base and performance history. The company's strategy appears to be focused on maintaining existing relationships rather than pursuing new contracts, which could indicate a stable but potentially limited growth trajectory.
Specializations
- Telecommunications
- Network Infrastructure
- IT Services
- Cybersecurity
- Data Management
- Cloud Services
- Network Operations
- IT Support
- Network Security
- Telecommunications Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: Stable
Sole Source Rate: 100%
Recompete Rate: 0% (no recompete/renewal contracts)
Competitive Position
Verizon Federal Inc. holds a dominant position in the federal contracting market, particularly in telecommunications and IT services. The company's reliance on sole-source contracts suggests a strong market position and possibly a lack of direct competition in certain areas. However, this also raises concerns about the fairness and transparency of the contracting process.
Value to Taxpayers
Verizon Federal Inc. provides essential services to federal agencies, but the lack of competitive bidding and the absence of recent contracts may indicate that the company is not actively seeking new business. This could potentially lead to higher costs for taxpayers, as the company may not be under pressure to offer the best value. The company's focus on maintaining existing relationships rather than pursuing new contracts suggests a stable but potentially limited growth trajectory.
Agency Relationships
Verizon Federal Inc. does not have specific agency clients listed, which could indicate a lack of detailed information or a diverse client base. Without more data, it is difficult to assess the dependency risks or concentration concerns. However, the company's strong market position and reliance on sole-source contracts suggest that it is a critical supplier for federal agencies.
Red Flags
- 100% sole-source rate: The company has not won any competitive contracts, which could indicate a lack of competition and potential issues with the contracting process.
- No recent contracts: The absence of recent contracts suggests that the company may not be actively seeking new business, which could be a red flag for potential cost escalation or reduced service quality.
- Lack of detailed agency information: The absence of specific agency clients and contract details raises concerns about the company's business strategy and potential dependency risks.
Green Flags
- Strong market position: Verizon Federal Inc. holds a dominant position in the federal contracting market, particularly in telecommunications and IT services.
- Focus on existing relationships: The company's strategy of maintaining existing relationships suggests a stable business model.
- Diverse specializations: The company offers a wide range of services, which could indicate a diverse and resilient business strategy.
Key Contracts
Verizon Federal Inc. has secured two contracts totaling $25.5 million, with an average contract size of $12,731,913. While the company has not won any recent contracts, its historical performance and contract sizes indicate a strong presence in the market. The lack of detailed information on specific agencies and contract details suggests a need for further investigation into its client base and performance history. The company's strategy appears to be focused on maintaining existing relationships rather than pursuing new contracts, which could indicate a stable but potentially limited growth trajectory.
Frequently Asked Questions
What does VERIZON FEDERAL INCORPORATED do for the federal government?
Verizon Federal Inc. specializes in telecommunications, network infrastructure, and IT services, providing essential support to federal agencies. The company offers a range of services including network operations, cybersecurity, data management, and cloud services, which are critical for maintaining the federal government's IT infrastructure and network security.
How much taxpayer money does VERIZON FEDERAL INCORPORATED receive?
Verizon Federal Inc. has secured $25.5 million in federal contracts over two contracts, with an average contract size of $12,731,913. The company has not won any recent contracts, which could indicate a need for further investigation into its business strategy and growth trajectory.
Is VERIZON FEDERAL INCORPORATED good value for taxpayer money?
While Verizon Federal Inc. provides essential services to federal agencies, the lack of competitive bidding and the absence of recent contracts may indicate that the company is not actively seeking new business. This could potentially lead to higher costs for taxpayers, as the company may not be under pressure to offer the best value. The company's focus on maintaining existing relationships rather than pursuing new contracts suggests a stable but potentially limited growth trajectory.
How does VERIZON FEDERAL INCORPORATED win its contracts?
Verizon Federal Inc. has won its contracts through sole-source contracts, which suggests a strong market position and possibly a lack of direct competition in certain areas. However, this also raises concerns about the fairness and transparency of the contracting process.
What agencies use VERIZON FEDERAL INCORPORATED most?
Verizon Federal Inc. does not have specific agency clients listed, which could indicate a lack of detailed information or a diverse client base. Without more data, it is difficult to assess the dependency risks or concentration concerns. However, the company's strong market position and reliance on sole-source contracts suggest that it is a critical supplier for federal agencies.
What are the risks of relying on VERIZON FEDERAL INCORPORATED?
The company's reliance on sole-source contracts and the absence of recent contracts could indicate a lack of competition and potential issues with the contracting process. The lack of detailed agency information raises concerns about the company's business strategy and potential dependency risks. However, the company's strong market position and focus on existing relationships suggest a stable but potentially limited growth trajectory.
How does VERIZON FEDERAL INCORPORATED compare to similar contractors?
Verizon Federal Inc. holds a dominant position in the federal contracting market, particularly in telecommunications and IT services. The company's reliance on sole-source contracts suggests a strong market position and possibly a lack of direct competition in certain areas. However, this also raises concerns about the fairness and transparency of the contracting process. The company's focus on maintaining existing relationships rather than pursuing new contracts suggests a stable but potentially limited growth trajectory, similar to other dominant players in the market.
Recent Federal Contracts
Verizon Federal Incorporated has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| GSA's $12.7M Verizon contract for telecommunications services awarded in 2002... | General Services Administration | $12.7M | N/A |