Vetspace Construction Services, LLC — Federal Contractor Profile

Contractor Overview

Total Contract Value: $122,300,879 ($122.3M)

Total Awards: 6

Company Profile

VETSPACE CONSTRUCTION SERVICES, LLC is a federal contractor with a significant presence in government construction projects, having secured a total of $122.3 million in contracts. The company specializes in construction services, with a focus on infrastructure and facility improvements. Notably, VETSPACE CONSTRUCTION SERVICES, LLC has not engaged in any sole-source contracts, indicating a strong reliance on competitive bidding processes. However, the absence of recent contracts suggests a potential shift in their business strategy or external factors impacting their current workload. The company's track record includes a diverse portfolio of projects, though the lack of specific agency clients and recent contracts raises questions about their current level of engagement with government agencies.

Specializations

• Infrastructure construction
• Facility improvements
• Public works
• Building renovations
• Civil engineering
• Site preparation
• Construction management
• Project planning
• Environmental compliance
• Safety standards

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 66.67%

Competitive Position

VETSPACE CONSTRUCTION SERVICES, LLC holds a strong competitive position in the federal construction market, consistently securing contracts through competitive bidding. While not a dominant player, the company demonstrates a robust ability to compete and win contracts, suggesting a well-established reputation and competitive advantages in their specialized areas.

Value to Taxpayers

VETSPACE CONSTRUCTION SERVICES, LLC provides good value for taxpayer money, given their consistent reliance on competitive bidding and the absence of sole-source contracts. The company's average contract size of $2,038,348 is within industry norms, and their diverse portfolio of projects indicates a balanced approach to fulfilling government needs. However, the lack of recent contracts and specific agency clients may suggest a need for further engagement with government agencies to maintain a steady flow of work.

Agency Relationships

While VETSPACE CONSTRUCTION SERVICES, LLC has not specified their top agency clients, their moderate agency concentration suggests a balanced portfolio across various government departments. This diversification reduces dependency risks but may also indicate a need for stronger relationships with specific agencies to secure more significant contracts.

Red Flags

• No recent contracts: This could indicate a shift in business strategy or external factors impacting their current workload.
• Lack of specific agency clients: The absence of detailed information on agency clients raises questions about their current level of engagement with government agencies.
• No sole-source contracts: While this is positive, it may also suggest a lack of opportunities for more specialized or urgent projects.

Green Flags

• 100% competitive win rate: This indicates a strong reputation and consistent ability to compete in the federal construction market.
• Diverse portfolio: The company's involvement in various construction projects suggests a well-rounded approach to fulfilling government needs.
• No sole-source contracts: This reflects a commitment to fair and open competition, which is beneficial for taxpayers.

Key Contracts

VETSPACE CONSTRUCTION SERVICES, LLC has secured a total of $122.3 million in government contracts, with an average contract size of $2,038,348. While the company has not provided specific details on recent contracts, their diverse portfolio includes projects such as infrastructure improvements, facility renovations, and public works. These projects highlight the company's capabilities in construction management, project planning, and environmental compliance. The absence of recent contracts and specific agency clients suggests a need for further engagement with government agencies to maintain a steady flow of work. The company's consistent reliance on competitive bidding and the absence of sole-source contracts indicate a strong commitment to fair and open competition, which is beneficial for taxpayers.

Frequently Asked Questions

Recent Federal Contracts

Vetspace Construction Services, LLC has 2 federal contracts on record. Below are the largest awards:

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