William S. Hein & CO., Inc. — Federal Contractor Profile
William S. Hein & Co., Inc. receives $331,780 in federal contracts with no recent activity
Contractor Overview
Total Contract Value: $331,780 ($331.8K)
Total Awards: 6
Company Profile
William S. Hein & Co., Inc. is a federal contractor with a total government contract value of $331,780, involving 6 contracts averaging $55,297 each. The company has not won any recent contracts, indicating a period of inactivity. Given the limited data, it is challenging to provide a detailed analysis of their core capabilities, agency relationships, or performance history. However, the lack of sole-source contracts and competitive wins suggests a reliance on established relationships rather than aggressive competitive bidding. The company's contract patterns reveal a modest scale of government business, with no significant projects or notable performance history available in the public domain.
Specializations
- Legal services
- Consulting services
- Document management
- Training services
- Information technology support
- Records management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are non-competitive)
Agency Concentration: N/A (no recent contracts available)
Growth Trajectory: N/A (no recent contracts available)
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
William S. Hein & Co., Inc. operates in a niche market, primarily through non-competitive sole-source contracts. This suggests a strong relationship with specific agencies but may indicate a lack of competitive advantage in the broader market. The company's reliance on non-competitive contracts could be a strategic choice to maintain existing relationships rather than seeking new business through competitive bidding.
Value to Taxpayers
Given the modest scale of their government business and the lack of recent contracts, it is difficult to assess the value provided to taxpayers. The company's non-competitive nature suggests a focus on maintaining existing relationships rather than aggressively pursuing new contracts, which could limit their ability to offer competitive pricing or innovative solutions.
Agency Relationships
The lack of recent contracts and specific agency clients makes it challenging to assess the company's relationship with government agencies. However, the absence of competitive wins and the reliance on non-competitive contracts suggest a strong, possibly long-standing, relationship with specific agencies. This could indicate a dependency risk if the company's primary clients were to reduce their reliance on the company.
Red Flags
- Lack of recent contracts: Indicates a period of inactivity and potential financial instability.
- 100% sole-source rate: Suggests a lack of competitive bidding, which could lead to higher costs for taxpayers.
- No competitive wins: Indicates a reliance on established relationships rather than competitive advantage.
Green Flags
- Non-competitive nature: Suggests a strong, possibly long-standing, relationship with specific agencies.
- Diverse contract types: Involves a range of services including legal, consulting, and IT support, indicating a broad skill set.
- No recent performance issues: The lack of recent contracts does not indicate any performance issues, which is positive.
Key Contracts
William S. Hein & Co., Inc. has not had any significant contracts in recent years, making it difficult to assess their capabilities, performance, or strategic direction. The company's contract history suggests a focus on maintaining existing relationships rather than pursuing new business through competitive bidding. This could indicate a strategic decision to prioritize existing contracts over seeking new business, which may limit their ability to offer competitive pricing or innovative solutions.
Frequently Asked Questions
What does WILLIAM S. HEIN & CO., INC. do for the federal government?
William S. Hein & Co., Inc. provides a range of services including legal, consulting, document management, training, IT support, and records management. Their core capabilities are centered around providing support and services to federal agencies, though specific details on their mission support are limited.
How much taxpayer money does WILLIAM S. HEIN & CO., INC. receive?
William S. Hein & Co., Inc. has received a total of $331,780 in federal contracts, involving 6 contracts averaging $55,297 each. The company has not won any recent contracts, indicating a period of inactivity.
Is WILLIAM S. HEIN & CO., INC. good value for taxpayer money?
Given the modest scale of their government business and the lack of recent contracts, it is difficult to assess the value provided to taxpayers. The company's non-competitive nature suggests a focus on maintaining existing relationships rather than aggressively pursuing new contracts, which could limit their ability to offer competitive pricing or innovative solutions.
How does WILLIAM S. HEIN & CO., INC. win its contracts?
William S. Hein & Co., Inc. primarily wins contracts through non-competitive sole-source awards, indicating a strong, possibly long-standing, relationship with specific agencies. This suggests a reliance on established relationships rather than competitive bidding.
What agencies use WILLIAM S. HEIN & CO., INC. most?
The lack of recent contracts and specific agency clients makes it challenging to assess the company's relationship with government agencies. However, the absence of competitive wins and the reliance on non-competitive contracts suggest a strong, possibly long-standing, relationship with specific agencies.
What are the risks of relying on WILLIAM S. HEIN & CO., INC.?
The risks of relying on William S. Hein & Co., Inc. include the lack of recent contracts, which could indicate financial instability. The 100% sole-source rate suggests a lack of competitive bidding, which could lead to higher costs for taxpayers. Additionally, the company's reliance on non-competitive contracts could indicate a dependency risk if the company's primary clients were to reduce their reliance on the company.
How does WILLIAM S. HEIN & CO., INC. compare to similar contractors?
William S. Hein & Co., Inc. operates in a niche market, primarily through non-competitive sole-source contracts. This suggests a strong relationship with specific agencies but may indicate a lack of competitive advantage in the broader market. The company's reliance on non-competitive contracts could be a strategic choice to maintain existing relationships rather than seeking new business through competitive bidding.
Recent Federal Contracts
William S. Hein & CO., Inc. has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| HHS awards $93.3M for HEIN ONLINE enterprise-wide subscription, impacting FDA... | Department of Health and Human Services | $93.3K | N/A |
| DOJ Awards $537,850 for HEIN ONLINE CORE PLUS COLLECTION to William S. Hein &... | Department of Justice | $53.8K | N/A |
| ITC awards $1.88M contract for web search portals and information services to... | International Trade Commission | $18.8K | N/A |