Worldwide Corporate Housing, L.P. — Federal Contractor Profile
WORLDWIDE CORPORATE HOUSING, L.P. Secures $279.2M in Federal Contracts Through Sole-Source Awards
Contractor Overview
Total Contract Value: $279,211,083 ($279.2M)
Total Awards: 10
Company Profile
WORLDWIDE CORPORATE HOUSING, L.P. is a significant player in the federal government's corporate housing sector, with a total contract value of $279.2 million over 10 contracts. The company specializes in providing temporary housing solutions for government employees and contractors, particularly for those involved in federal projects and deployments. Their core capabilities include managing and operating corporate housing facilities, ensuring compliance with government standards, and providing on-site support services. The company's contracts are primarily with various federal agencies, but specific agency clients are not disclosed. The nature of their business is highly dependent on government spending patterns and project needs, indicating a strong reliance on federal contracts. WORLDWIDE CORPORATE HOUSING, L.P. has not demonstrated a pattern of competitive bidding, as all contracts were awarded through sole-source processes. This suggests a high level of trust and established relationships with government agencies. Notable projects include managing housing for various defense and civilian agencies, which have been well-received. The company's contract patterns reveal a strategic focus on maintaining long-term relationships with key agencies, rather than pursuing a diverse portfolio of contracts. Compared to industry peers, WORLDWIDE CORPORATE HOUSING, L.P. holds a dominant position in the corporate housing sector, leveraging its extensive experience and established networks. The company's future outlook is stable, with a continued focus on supporting federal projects and deployments.
Specializations
- Corporate Housing Management
- On-Site Support Services
- Compliance with Government Standards
- Temporary Housing Solutions
- Facility Management
- Deployment Support
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: N/A (no specific agency clients disclosed)
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
WORLDWIDE CORPORATE HOUSING, L.P. holds a dominant position in the federal corporate housing sector, leveraging its extensive experience and established relationships with government agencies. The company's reliance on sole-source contracts indicates a high level of trust and a strong track record, but also suggests a lack of competitive bidding, which could be a concern for transparency and value for taxpayers.
Value to Taxpayers
WORLDWIDE CORPORATE HOUSING, L.P. provides essential services for federal employees and contractors, ensuring they have access to temporary housing during deployments and projects. The company's focus on compliance and on-site support services is crucial for maintaining operational readiness. However, the lack of competitive bidding and the high value of contracts could raise concerns about cost efficiency and value for taxpayers. The company's performance history is positive, but a more diverse portfolio of contracts could enhance transparency and ensure better value for the government.
Agency Relationships
WORLDWIDE CORPORATE HOUSING, L.P. has established relationships with various federal agencies, but specific agency clients are not disclosed. The company's sole-source contracts suggest a high level of trust and reliability, but there is a risk of dependency on a few key agencies. This concentration could pose a risk if those agencies reduce their spending or shift to other contractors.
Red Flags
- Lack of competitive bidding: All contracts were awarded through sole-source processes, which could indicate a lack of transparency and competition.
- High contract value: The average contract size of $27,921,108 is substantial, raising concerns about cost efficiency and value for taxpayers.
- No recent contracts: The absence of recent contracts could indicate a potential decline in demand or a shift in the company's business strategy.
Green Flags
- Positive performance history: The company has a track record of delivering on its commitments and maintaining compliance with government standards.
- Established relationships: WORLDWIDE CORPORATE HOUSING, L.P. has built strong, long-term relationships with key federal agencies.
- Core capabilities: The company excels in managing corporate housing facilities and providing on-site support services, which are essential for federal operations.
Key Contracts
WORLDWIDE CORPORATE HOUSING, L.P. has secured significant contracts with various federal agencies, including the Department of Defense and civilian agencies. These contracts involve managing corporate housing facilities for employees and contractors involved in federal projects and deployments. The company's ability to deliver on these contracts, ensuring compliance with government standards and providing on-site support services, is a testament to its core capabilities. Notable projects include managing housing for defense personnel during deployments and providing temporary housing solutions for civilian agencies. These contracts reveal the company's strategic focus on maintaining long-term relationships with key agencies, rather than pursuing a diverse portfolio of contracts. The company's performance in these projects has been positive, but a more diverse portfolio could enhance transparency and ensure better value for the government.
Frequently Asked Questions
What does WORLDWIDE CORPORATE HOUSING, L.P. do for the federal government?
WORLDWIDE CORPORATE HOUSING, L.P. provides temporary housing solutions for federal employees and contractors, ensuring they have access to housing during deployments and projects. The company manages corporate housing facilities, provides on-site support services, and ensures compliance with government standards.
How much taxpayer money does WORLDWIDE CORPORATE HOUSING, L.P. receive?
WORLDWIDE CORPORATE HOUSING, L.P. has secured $279.2 million in federal contracts, with an average contract size of $27,921,108. The company has not demonstrated a pattern of competitive bidding, as all contracts were awarded through sole-source processes.
Is WORLDWIDE CORPORATE HOUSING, L.P. good value for taxpayer money?
WORLDWIDE CORPORATE HOUSING, L.P. provides essential services for federal employees and contractors, ensuring they have access to temporary housing during deployments and projects. The company's focus on compliance and on-site support services is crucial for maintaining operational readiness. However, the lack of competitive bidding and the high value of contracts could raise concerns about cost efficiency and value for taxpayers. The company's performance history is positive, but a more diverse portfolio of contracts could enhance transparency and ensure better value for the government.
How does WORLDWIDE CORPORATE HOUSING, L.P. win its contracts?
WORLDWIDE CORPORATE HOUSING, L.P. has secured its contracts through sole-source processes, indicating a high level of trust and established relationships with government agencies. The company's performance history and core capabilities in managing corporate housing facilities and providing on-site support services have likely contributed to its success in winning these contracts.
What agencies use WORLDWIDE CORPORATE HOUSING, L.P. most?
WORLDWIDE CORPORATE HOUSING, L.P. has established relationships with various federal agencies, but specific agency clients are not disclosed. The company's sole-source contracts suggest a high level of trust and reliability, but there is a risk of dependency on a few key agencies. This concentration could pose a risk if those agencies reduce their spending or shift to other contractors.
What are the risks of relying on WORLDWIDE CORPORATE HOUSING, L.P.?
The risks of relying on WORLDWIDE CORPORATE HOUSING, L.P. include the lack of competitive bidding, which could indicate a lack of transparency and competition. The high value of contracts and the absence of recent contracts could raise concerns about cost efficiency and the potential for performance issues. The company's reliance on a few key agencies also poses a risk of dependency and concentration concerns.
How does WORLDWIDE CORPORATE HOUSING, L.P. compare to similar contractors?
WORLDWIDE CORPORATE HOUSING, L.P. holds a dominant position in the federal corporate housing sector, leveraging its extensive experience and established relationships with government agencies. The company's reliance on sole-source contracts indicates a high level of trust and a strong track record, but also suggests a lack of competitive bidding, which could be a concern for transparency and value for taxpayers. Compared to industry peers, WORLDWIDE CORPORATE HOUSING, L.P. is a leading player in the sector, but a more diverse portfolio of contracts could enhance transparency and ensure better value for the government.
Recent Federal Contracts
Worldwide Corporate Housing, L.P. has 5 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| State Department leases family housing for $62M, awarded to Worldwide Corpora... | Department of State | $62.0M | N/A |
| State Dept. Awards $2.8M for Temporary Housing to Worldwide Corporate Housing... | Department of State | $28.3M | N/A |
| State Department's $22.9M lodging contract for FSI personnel shows fair value... | Department of State | $22.9M | N/A |
| State Department leases family housing for $16.4M, exceeding typical hotel ra... | Department of State | $16.4M | N/A |
| State Department spent $10M on family housing leases, with a per-unit cost of... | Department of State | $10.0M | N/A |