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Smooth sailing for Big 3 Federal Contractors on Navy's Seaport-e

12-20-2006 10:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: netXccel Inc

Three Virginia-based Contractors win over 25% of Navy $4.8 billion Award in 2006.

GAITHERSBURG, Md. — Federal market intelligence provider fedXccel is reporting that the top three contractors bidding for work on the Navy’s Seaport-e Multi-Award Contract (MAC) vehicle received over 25% of the total amount awarded in fiscal 2006. The SeaPort-e is a procurement vehicle used by the Navy to buy Engineering, Technical and Program Management support services from the private sector. There has been an increasing trend to “pre-qualify” teams of private firms while bidding for large multi-year federal contracts. The federal agencies then bid the individual task orders among the selected teams. There are 3735 companies in the running for task orders as prime and sub-contractors.

There are over 900 prime contractors short-listed for competing on task order awards, of which a total of 177 prime contractors were successful in winning business. The top 10 contractors took over 47% of the $4.8 billion awarded in 2006. The winner was Booz Allen Hamilton with over 10%, closely followed by Anteon and AMSEC all three are headquartered in Virginia. However, the largest single award worth nearly $150 million went to Lockheed Martin Integrated Systems, while the smallest awarded task order was $48,000. It is readily apparent that only 1 in 5 prime contractors win.
Small Businesses did well by securing over 33% in set-aside business, with 1% going to 8(A) firms. However, Service Disabled Veteran Owned Small Businesses (SDVOSB) just got 0.4%. This number is likely to go up due to the recent Presidential mandate that requires a 3% set-aside for SDVOSB’s.

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Free market research reports on federal opportunities are available at http://www.fedxccel.com.

fedXccel is a comprehensive and affordable federal market intelligence service that helps private firms find and win contracts. The service includes unlimited access to early leads, federal buyers, news, events and comprehensive research for a low price.

netXccel Inc.,
20 Case Street, Suite 100
Gaithersburg, MD 20878
Gaurav "GP" Pal
(240) 899 2656

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