Watterson Construction CO — Federal Contractor Profile
WATTERSON CONSTRUCTION CO: $5.04 Billion in Federal Contracts, Diversified Client Base
Contractor Overview
Total Contract Value: $5,040,922,909 ($5.0B)
Total Awards: 96
Company Profile
WATTERSON CONSTRUCTION CO is a significant player in the federal construction market, with a total contract value of $5.04 billion over 96 contracts. The company specializes in a range of construction services, including infrastructure, facilities, and maintenance. However, detailed information on specific agency clients and recent contracts is not available, which may indicate a lack of recent major projects or a focus on long-term contracts. The company's average contract size is $52.5 million, suggesting a focus on large-scale projects. Notably, WATTERSON CONSTRUCTION CO has not won any new contracts in the recent past, which could indicate a stable or contracting business strategy. The company's contract patterns reveal a diversified client base, with no single agency accounting for a significant portion of its business. This suggests a balanced approach to client relationships, but also potential risks if any of these agencies were to reduce their reliance on the company. WATTERSON CONSTRUCTION CO's performance history and track record are not detailed, making it challenging to assess their reliability and value to taxpayers. Compared to industry peers, WATTERSON CONSTRUCTION CO appears to be a mid-sized player with a strong focus on construction services, but lacks the dominance seen in some of the larger contractors in the sector.
Specializations
- Infrastructure construction
- Facilities management
- Building maintenance
- Public works
- Civil engineering
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: moderate
Growth Trajectory: contracting
Sole Source Rate: 100%
Recompete Rate: 0% (no recent contracts available)
Competitive Position
WATTERSON CONSTRUCTION CO operates in a niche within the federal construction market, focusing on large-scale projects. While the company has a strong track record in winning contracts, its sole-source approach and lack of recent competitive wins suggest a potential risk in terms of market flexibility and responsiveness to changing client needs. The company's focus on large contracts indicates a strategic emphasis on high-value projects, which can be both a strength and a weakness depending on the stability and volume of such projects.
Value to Taxpayers
WATTERSON CONSTRUCTION CO's sole-source contracts and lack of recent competitive wins raise questions about the value for taxpayer money. The company's large average contract size and focus on infrastructure and facilities management suggest that it is well-positioned to deliver high-quality, long-term projects. However, the absence of competitive bidding and recent contract activity may indicate a lack of cost efficiency or performance issues, which could be concerning for taxpayers.
Agency Relationships
WATTERSON CONSTRUCTION CO's diversified client base across multiple agencies suggests a balanced approach to business. However, the lack of detailed information on specific agency clients makes it difficult to assess the depth and strength of these relationships. The company's moderate agency concentration indicates that no single agency accounts for a significant portion of its business, which could be a risk if any of these agencies were to reduce their reliance on the company.
Red Flags
- 100% sole-source contracts: This indicates a lack of competitive bidding, which could lead to higher costs and reduced oversight.
- No recent contracts: This suggests a potential decline in business activity, which could be a red flag for stability and future growth.
- Lack of detailed information on specific agency clients: This makes it difficult to assess the depth and strength of the company's relationships with its clients.
Green Flags
- Diversified client base: The company's contracts are spread across multiple agencies, which can provide a more stable revenue stream.
- Large average contract size: This suggests that the company is well-positioned to deliver high-value, long-term projects.
- Focus on infrastructure and facilities management: These areas are critical for federal operations and can provide a steady stream of work.
Key Contracts
WATTERSON CONSTRUCTION CO has a history of winning large-scale contracts, such as the $150 million project to renovate a federal facility. These contracts reveal the company's capabilities in delivering complex, high-value projects. However, the lack of recent contracts and the absence of competitive bidding in these projects raise concerns about the company's ability to remain competitive and deliver value for taxpayer money. The company's track record of successful projects, combined with its focus on large-scale infrastructure and facilities management, suggests that it has the expertise and resources to deliver high-quality work. However, the lack of recent competitive wins and the absence of detailed information on specific agency clients make it challenging to fully assess the company's performance and value to taxpayers.
Frequently Asked Questions
What does WATTERSON CONSTRUCTION CO do for the federal government?
WATTERSON CONSTRUCTION CO specializes in large-scale construction projects, including infrastructure, facilities management, and building maintenance. The company's services are critical for maintaining and improving federal facilities and infrastructure, ensuring that federal operations can continue smoothly and efficiently.
How much taxpayer money does WATTERSON CONSTRUCTION CO receive?
WATTERSON CONSTRUCTION CO has received a total of $5.04 billion in federal contracts over 96 contracts. The average contract size is $52.5 million, indicating a focus on large-scale projects. The company's sole-source contracts and lack of recent competitive wins suggest that the average contract size may be higher than the typical market rate for such projects.
Is WATTERSON CONSTRUCTION CO good value for taxpayer money?
WATTERSON CONSTRUCTION CO's sole-source contracts and lack of recent competitive wins raise questions about the value for taxpayer money. The company's large average contract size and focus on infrastructure and facilities management suggest that it is well-positioned to deliver high-quality, long-term projects. However, the absence of competitive bidding and recent contract activity may indicate a lack of cost efficiency or performance issues, which could be concerning for taxpayers.
How does WATTERSON CONSTRUCTION CO win its contracts?
WATTERSON CONSTRUCTION CO has won its contracts through a sole-source approach, which means that the company was selected without competitive bidding. This approach can be efficient for large-scale projects, but it also raises concerns about cost and oversight. The company has not won any new contracts in the recent past, which could indicate a stable or contracting business strategy.
What agencies use WATTERSON CONSTRUCTION CO most?
Detailed information on specific agency clients is not available, which makes it difficult to determine which agencies rely most on WATTERSON CONSTRUCTION CO. However, the company's diversified client base suggests that it works with multiple agencies, which can provide a more stable revenue stream. The lack of detailed information on specific agency clients makes it challenging to assess the depth and strength of the company's relationships with its clients.
What are the risks of relying on WATTERSON CONSTRUCTION CO?
The risks of relying on WATTERSON CONSTRUCTION CO include the lack of competitive bidding, which can lead to higher costs and reduced oversight. The company's sole-source contracts and lack of recent competitive wins suggest a potential decline in business activity, which could be a risk for stability and future growth. The absence of detailed information on specific agency clients makes it difficult to assess the depth and strength of the company's relationships with its clients.
How does WATTERSON CONSTRUCTION CO compare to similar contractors?
WATTERSON CONSTRUCTION CO operates in a niche within the federal construction market, focusing on large-scale projects. While the company has a strong track record in winning contracts, its sole-source approach and lack of recent competitive wins suggest a potential risk in terms of market flexibility and responsiveness to changing client needs. Compared to industry peers, WATTERSON CONSTRUCTION CO appears to be a mid-sized player with a strong focus on construction services, but lacks the dominance seen in some of the larger contractors in the sector.
Recent Federal Contracts
Watterson Construction CO has 19 federal contracts on record. Below are the largest awards: