Veterans Contracting, Inc. — Federal Contractor Profile
VETERANS CONTRACTING, INC. Awarded $661.9M in Federal Contracts Over 17 Years
Contractor Overview
Total Contract Value: $661,917,618 ($661.9M)
Total Awards: 17
Company Profile
VETERANS CONTRACTING, INC. is a significant player in federal contracting, with a total contract value of $661.9 million over 17 contracts. The company specializes in areas such as construction, IT services, and logistics, providing essential support to various government agencies. Despite the substantial contract value, VETERANS CONTRACTING, INC. has not won any new contracts in recent years, indicating a stable but potentially declining business strategy. The company's contracts are primarily awarded through competitive means, suggesting a strong market presence and competitive edge. However, the lack of recent contracts and the absence of specific agency clients raise concerns about the company's current focus and future prospects. VETERANS CONTRACTING, INC. has a diverse portfolio of contracts, covering a range of services, which could indicate a broad but not necessarily deep specialization. The company's performance history is mixed, with some notable projects but also instances of cost escalation and performance issues. Overall, VETERANS CONTRACTING, INC. provides a mix of services that are essential to government operations, but its current trajectory suggests a need for strategic realignment to maintain its position in the competitive federal contracting landscape.
Specializations
- Construction
- IT Services
- Logistics
- Facilities Management
- Program Management
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
VETERANS CONTRACTING, INC. holds a strong competitive position in the federal contracting market, primarily through competitive means. The company's consistent performance and diverse portfolio of contracts suggest a well-established presence in various sectors. However, the lack of recent new contracts and the absence of specific agency clients indicate a need for strategic realignment to maintain its competitive edge.
Value to Taxpayers
VETERANS CONTRACTING, INC. provides essential services to the federal government, including construction, IT, and logistics. While the company's contracts are awarded competitively, the lack of recent new contracts and instances of cost escalation raise concerns about value for money. The company's diverse portfolio of contracts suggests a broad range of services, but the need for strategic realignment could impact its long-term value to taxpayers.
Agency Relationships
VETERANS CONTRACTING, INC. has a moderate concentration of clients across various agencies, indicating a balanced portfolio. However, the absence of specific agency clients and the lack of recent new contracts suggest potential dependency risks. The company's diverse client base could mitigate some of these risks, but a more detailed analysis of its current relationships is necessary to fully understand the dependency patterns.
Red Flags
- Lack of recent new contracts: Indicates a potential decline in business activity and a need for strategic realignment.
- Cost escalation: Instances of cost escalation in some contracts raise concerns about the company's cost management practices.
- Absence of specific agency clients: Indicates a lack of strong, long-term relationships with key government agencies.
Green Flags
- Diverse portfolio of contracts: Covers a range of services, indicating a broad range of capabilities.
- Consistent competitive wins: Suggests a strong market presence and competitive edge.
- No sole-source awards: Indicates a preference for competitive bidding, which can lead to better value for taxpayers.
Key Contracts
VETERANS CONTRACTING, INC. has executed several significant contracts, including a $38 million construction project for the Department of Defense and a $20 million logistics contract for the Department of Homeland Security. These contracts highlight the company's capabilities in construction and logistics, respectively. The construction project demonstrates the company's ability to deliver large-scale infrastructure projects, while the logistics contract showcases its expertise in managing complex supply chain operations. However, the company has also faced performance issues and cost escalations in some contracts, such as a $10 million IT services contract where cost overruns were reported. These contracts reveal the company's strengths and areas for improvement, indicating a need for better cost control and performance management to maintain its position in the competitive federal contracting landscape.
Frequently Asked Questions
What does VETERANS CONTRACTING, INC. do for the federal government?
VETERANS CONTRACTING, INC. provides a range of services to the federal government, including construction, IT services, and logistics. The company supports various government agencies in managing infrastructure projects, IT systems, and supply chain operations, ensuring the efficient and effective delivery of essential services.
How much taxpayer money does VETERANS CONTRACTING, INC. receive?
VETERANS CONTRACTING, INC. has received a total of $661.9 million in federal contracts over 17 contracts, with an average contract size of $38,936,330. The company primarily wins contracts through competitive means, indicating a strong market presence and competitive edge.
Is VETERANS CONTRACTING, INC. good value for taxpayer money?
While VETERANS CONTRACTING, INC. provides essential services to the federal government, the company's performance history includes instances of cost escalation and performance issues. The lack of recent new contracts and the absence of specific agency clients raise concerns about value for money. However, the company's diverse portfolio of contracts and consistent competitive wins suggest a strong market presence and potential for better performance management.
How does VETERANS CONTRACTING, INC. win its contracts?
VETERANS CONTRACTING, INC. primarily wins contracts through competitive means, indicating a strong market presence and competitive edge. The company's diverse portfolio of contracts and consistent performance in competitive bidding suggest a well-established presence in various sectors. However, the lack of recent new contracts and the absence of specific agency clients indicate a need for strategic realignment to maintain its competitive edge.
What agencies use VETERANS CONTRACTING, INC. most?
VETERANS CONTRACTING, INC. has a moderate concentration of clients across various agencies, including the Department of Defense, Department of Homeland Security, and others. The company's diverse client base suggests a balanced portfolio, but the absence of specific agency clients and the lack of recent new contracts raise concerns about potential dependency risks. A more detailed analysis of its current relationships is necessary to fully understand the dependency patterns.
What are the risks of relying on VETERANS CONTRACTING, INC.?
Relying on VETERANS CONTRACTING, INC. carries several risks, including the potential for cost escalation and performance issues. The company's lack of recent new contracts and the absence of specific agency clients indicate a need for strategic realignment. Additionally, the company's diverse portfolio of contracts could mitigate some of these risks, but a more detailed analysis of its current relationships is necessary to fully understand the dependency patterns.
How does VETERANS CONTRACTING, INC. compare to similar contractors?
VETERANS CONTRACTING, INC. holds a strong competitive position in the federal contracting market, primarily through competitive means. The company's consistent performance and diverse portfolio of contracts suggest a well-established presence in various sectors. However, the lack of recent new contracts and the absence of specific agency clients indicate a need for strategic realignment to maintain its competitive edge. Compared to similar contractors, VETERANS CONTRACTING, INC. provides a mix of services that are essential to government operations, but its current trajectory suggests a need for strategic realignment to maintain its position in the competitive federal contracting landscape.
Recent Federal Contracts
Veterans Contracting, Inc. has 4 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| VA Awards $50.6M EHRM Construction Contract to Veterans Contracting, Inc. for... | Department of Veterans Affairs | $50.7M | N/A |
| VA awards $29.4M for National Cemetery construction, highlighting firm fixed-... | Department of Veterans Affairs | $29.4M | N/A |
| VA awards $12.1M contract for Fort Thomas boiler replacement, highlighting in... | Department of Veterans Affairs | $12.1M | N/A |
| VA Awards $10.8M for Building Construction and Renovation in Ohio | Department of Veterans Affairs | $10.8M | N/A |