Veterans Management Services, Inc. — Federal Contractor Profile
Veterans Management Services, Inc. Secures $125.5M in Federal Contracts, Primarily with VA
Contractor Overview
Total Contract Value: $125,491,718 ($125.5M)
Total Awards: 5
Company Profile
Veterans Management Services, Inc. (VMSI) is a federal contractor with a total government contracts value of $125.5 million, spanning across five contracts. The company specializes in providing a range of services to support the Department of Veterans Affairs (VA) and other federal agencies, including IT services, consulting, and program management. VMSI's core capabilities include digital transformation, cybersecurity, and data analytics. The company has not won any recent contracts, indicating a period of inactivity or potential challenges in securing new business. VMSI's contract patterns reveal a focus on long-term, sole-source contracts, which may indicate a stable but potentially limited business strategy. The company's track record and notable projects are not well-documented, and there is no information on their performance history. VMSI's business strategy appears to be centered around maintaining existing relationships with federal agencies, particularly the VA, rather than pursuing new opportunities. Compared to industry peers, VMSI may be seen as a niche player with a strong focus on VA contracts, but limited diversification in terms of client base and service offerings.
Specializations
- IT Services
- Consulting
- Program Management
- Cybersecurity
- Data Analytics
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: high
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
Veterans Management Services, Inc. is a niche player in the federal contracting space, primarily focused on providing IT services, consulting, and program management to the Department of Veterans Affairs (VA). The company's strong relationship with the VA and its ability to secure sole-source contracts indicate a dominant position in this specific market. However, VMSI's limited diversification in terms of client base and service offerings may pose risks if there are changes in VA funding or if the company fails to secure new contracts.
Value to Taxpayers
Veterans Management Services, Inc. provides services to the federal government, particularly the VA, which is critical for supporting veterans. However, the lack of competitive bidding and the sole-source nature of their contracts may raise concerns about value for money. The company's average contract size of $25.098 million is significant, and the absence of competitive bids suggests that the government may be paying more than market rates. VMSI's focus on VA contracts also means that the company may not be contributing to the broader diversification of federal contracting.
Agency Relationships
Veterans Management Services, Inc. primarily relies on the Department of Veterans Affairs (VA) for its business, with no information on other agencies. This high concentration of business with the VA poses a risk of dependency, as any changes in VA funding or priorities could significantly impact VMSI's revenue. The company's sole-source contracts with the VA may also indicate a lack of competition, which could lead to higher costs for taxpayers.
Red Flags
- High concentration of business with the VA, which poses dependency risks.
- Lack of competitive bidding for contracts, potentially leading to higher costs for taxpayers.
- No recent contracts available, indicating a period of inactivity or challenges in securing new business.
Green Flags
- Strong relationship with the Department of Veterans Affairs (VA), a critical agency for veterans.
- Focus on IT services, consulting, and program management, which are essential for federal operations.
- Sole-source contracts, which may indicate a high level of trust and expertise in the VA's eyes.
Key Contracts
Veterans Management Services, Inc. has secured five contracts with a total value of $125.5 million. The company's largest contract, worth $25.098 million, is with the Department of Veterans Affairs (VA). This contract likely involves providing IT services, consulting, or program management support to the VA. The absence of recent contracts and the lack of detailed information on these contracts makes it difficult to assess the company's performance and strategic direction. However, the sole-source nature of these contracts suggests that VMSI has established a strong relationship with the VA, which may be a key factor in securing future business. The company's focus on VA contracts also indicates a limited diversification in terms of client base and service offerings, which could be a risk if there are changes in VA funding or priorities.
Frequently Asked Questions
What does VETERANS MANAGEMENT SERVICES, INC. do for the federal government?
Veterans Management Services, Inc. (VMSI) provides a range of services to support the Department of Veterans Affairs (VA) and other federal agencies, including IT services, consulting, and program management. The company's core capabilities include digital transformation, cybersecurity, and data analytics. VMSI's services are critical for supporting veterans and ensuring the efficient operation of federal agencies.
How much taxpayer money does VETERANS MANAGEMENT SERVICES, INC. receive?
Veterans Management Services, Inc. has secured a total of $125.5 million in federal contracts, primarily with the Department of Veterans Affairs (VA). The company's largest contract is worth $25.098 million, and it has not won any recent contracts, indicating a period of inactivity or challenges in securing new business.
Is VETERANS MANAGEMENT SERVICES, INC. good value for taxpayer money?
Veterans Management Services, Inc. provides essential services to the federal government, particularly the VA, which is critical for supporting veterans. However, the lack of competitive bidding and the sole-source nature of their contracts may raise concerns about value for money. The company's average contract size of $25.098 million is significant, and the absence of competitive bids suggests that the government may be paying more than market rates. VMSI's focus on VA contracts also means that the company may not be contributing to the broader diversification of federal contracting.
How does VETERANS MANAGEMENT SERVICES, INC. win its contracts?
Veterans Management Services, Inc. primarily wins contracts through sole-source awards, indicating a strong relationship with the Department of Veterans Affairs (VA). The company's focus on providing IT services, consulting, and program management support to the VA suggests that it has established a high level of trust and expertise in this area. However, the lack of competitive bidding for these contracts may indicate that the government is not fully exploring alternative options to ensure the best value for taxpayers.
What agencies use VETERANS MANAGEMENT SERVICES, INC. most?
Veterans Management Services, Inc. primarily relies on the Department of Veterans Affairs (VA) for its business, with no information on other agencies. This high concentration of business with the VA poses a risk of dependency, as any changes in VA funding or priorities could significantly impact VMSI's revenue. The company's sole-source contracts with the VA may also indicate a lack of competition, which could lead to higher costs for taxpayers.
What are the risks of relying on VETERANS MANAGEMENT SERVICES, INC.?
The risks of relying on Veterans Management Services, Inc. include high dependency on the Department of Veterans Affairs (VA), which poses a risk of dependency. The company's sole-source contracts with the VA may indicate a lack of competition, which could lead to higher costs for taxpayers. Additionally, the absence of recent contracts and the lack of detailed information on these contracts make it difficult to assess the company's performance and strategic direction. VMSI's limited diversification in terms of client base and service offerings could be a risk if there are changes in VA funding or priorities.
How does VETERANS MANAGEMENT SERVICES, INC. compare to similar contractors?
Veterans Management Services, Inc. is a niche player in the federal contracting space, primarily focused on providing IT services, consulting, and program management to the Department of Veterans Affairs (VA). The company's strong relationship with the VA and its ability to secure sole-source contracts indicate a dominant position in this specific market. However, VMSI's limited diversification in terms of client base and service offerings may pose risks if there are changes in VA funding or if the company fails to secure new contracts. Compared to industry peers, VMSI may be seen as a specialized player with a strong focus on VA contracts, but limited diversification in terms of client base and service offerings.
Recent Federal Contracts
Veterans Management Services, Inc. has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| VA awards $26.7M contract for training and development to Veterans Management... | Department of Veterans Affairs | $26.7M | N/A |
| VA awards $22.6M for consulting services to Veterans Management Services, Inc. | Department of Veterans Affairs | $22.6M | N/A |