Versar Security Systems, LLC — Federal Contractor Profile

Contractor Overview

Total Contract Value: $36,809,114 ($36.8M)

Total Awards: 10

Company Profile

VERSAR SECURITY SYSTEMS, LLC is a federal contractor with a total government contract value of $36.8 million, spanning 10 contracts with an average size of $3.68 million. The company has not won any recent contracts, indicating a potential slowdown in new business. Given the lack of sole-source contracts, it appears that VERSAR primarily relies on competitive bidding for its government work. However, the absence of specific agency clients and recent contracts raises questions about the company's current engagement with the federal government. VERSAR's core capabilities likely revolve around security systems and related services, given its focus on government contracts. The company's track record and notable projects are not well-documented, which could be a concern for stakeholders. VERSAR's contract patterns suggest a strategy focused on competitive bidding, which is common in the federal contracting environment. However, the lack of recent contracts and specific agency relationships may indicate a need for strategic realignment. Compared to industry peers, VERSAR appears to be a niche player in the security systems market, but its performance and financial health are not clearly evident from the available data.

Specializations

• Security Systems
• Access Control
• Surveillance
• Network Security
• Physical Security
• Cybersecurity
• Facility Security
• Emergency Response
• Training and Support
• Maintenance and Support

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 100%

Competitive Position

VERSAR SECURITY SYSTEMS, LLC appears to be a niche player in the security systems market, focusing on competitive bidding for government contracts. While the company has not won any recent contracts, its consistent reliance on competitive bids suggests a strong commitment to fair and transparent processes. However, the lack of recent activity and specific agency relationships may indicate a need for strategic realignment to maintain its competitive edge.

Value to Taxpayers

VERSAR SECURITY SYSTEMS, LLC's government contracts are valued at $36.8 million, with an average contract size of $3.68 million. Given the competitive nature of its contracts, the company likely provides fair value for taxpayer money. However, the absence of recent contracts and specific agency relationships may raise concerns about the company's current engagement and future prospects. The company's track record and performance history are not well-documented, which could impact its value proposition.

Agency Relationships

VERSAR SECURITY SYSTEMS, LLC has not specified any particular agency clients, indicating a moderate concentration of its business across various agencies. This lack of specific agency relationships may pose dependency risks, as the company's business could be concentrated in a few key agencies. However, the absence of sole-source contracts suggests a diverse portfolio of competitive bids, which could mitigate some of these risks.

Red Flags

• No recent contracts: This could indicate a slowdown in new business or challenges in securing new contracts.
• No specific agency clients: The lack of detailed agency relationships may pose dependency risks and concentration concerns.
• No sole-source contracts: While this is positive for transparency, it may limit the company's ability to secure larger, more lucrative contracts.

Green Flags

• 100% competitive win rate: This suggests a strong commitment to fair and transparent processes.
• Diverse contract portfolio: The company's reliance on competitive bids indicates a diverse portfolio of contracts.
• No sole-source contracts: This transparency is a positive indicator of the company's business practices.

Key Contracts

VERSAR SECURITY SYSTEMS, LLC has a total of $36.8 million in government contracts, with an average contract size of $3.68 million. While the company has not won any recent contracts, its track record and notable projects are not well-documented. The lack of specific agency relationships and recent activity may indicate a need for strategic realignment. The company's core capabilities likely revolve around security systems and related services, given its focus on government contracts. However, the absence of detailed information on its performance and strategic direction makes it challenging to assess the company's capabilities and strategic direction. VERSAR's contract patterns suggest a strategy focused on competitive bidding, which is common in the federal contracting environment. However, the lack of recent contracts and specific agency relationships may indicate a need for strategic realignment to maintain its competitive edge.

Frequently Asked Questions

Recent Federal Contracts

Versar Security Systems, LLC has 4 federal contracts on record. Below are the largest awards:

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