What does VAREC, INC. do for the Australian Government?
VAREC, INC. is an Australian Government contractor with 16 contracts worth $24.0M since 2013. Their largest government client is Department of Defence, and their average contract value is $1.5M.
Key Metrics
How much does VAREC, INC. win in government contracts each year?
View data table
| Year | Contracts | Value |
|---|---|---|
| 2013 | 2 | $106K |
| 2015 | 2 | $163K |
| 2016 | 1 | $44K |
| 2017 | 3 | $21.5M |
| 2018 | 2 | $417K |
| 2020 | 6 | $1.7M |
Who are VAREC, INC.'s biggest government clients?
| Agency | Contracts | Value | Share |
|---|---|---|---|
| Department of Defence | 16 | $24.0M | 100.0% |
How does VAREC, INC. win government contracts?
| Method | Contracts | Value | Share |
|---|---|---|---|
| limited | 16 | $24.0M | 100.0% |
What are VAREC, INC.'s largest government contracts?
| Contract | Agency | Value | Awarded |
|---|---|---|---|
| Software Support Services | Department of Defence | $21.5M | |
| Software Upgrade | Department of Defence | $385K | |
| Hardware Services | Department of Defence | $380K | |
| Hardware Services | Department of Defence | $380K | |
| Hardware Services | Department of Defence | $380K |
What are VAREC, INC.'s most recent government contracts?
| Contract | Agency | Value | Date |
|---|---|---|---|
| Hardware Support and Maintenance Services | Department of Defence | $192K | |
| Hardware Support Services | Department of Defence | $31K | |
| Hardware Services | Department of Defence | $380K | |
| Hardware Services | Department of Defence | $380K | |
| Hardware Services | Department of Defence | $380K | |
| Hardware Services | Department of Defence | $380K | |
| Software Upgrade | Department of Defence | $385K | |
| ADBLUE FUEL CARD SOFTWARE UPGRADE | Department of Defence | $32K | |
| Software Support Services | Department of Defence | $21.5M | |
| Fuelsmanager Version 9 Upgrade | Department of Defence | $18K |
Is VAREC, INC.'s government business growing or declining?
Stable — contract value remained consistent year-over-year.
Based on comparison of last 12 months vs prior 12 months of awarded contract value.
Who competes with VAREC, INC. for government contracts?
Other suppliers winning contracts from the same government agencies.
| Supplier | Contracts | Value |
|---|---|---|
| GHD PTY LTD | 511 | $39.73B |
| BOEING DEFENCE AUSTRALIA LTD | 1,651 | $35.02B |
| THALES AUSTRALIA LIMITED | 11,541 | $19.02B |
| DHA - CENTRAL OFFICE | 14 | $16.77B |
| AUSTRALIAN AEROSPACE LTD | 2,523 | $14.99B |
| BAE SYSTEMS AUSTRALIA LTD | 3,836 | $13.89B |
| RAYTHEON AUSTRALIA PTY LTD | 1,757 | $11.59B |
| BROADSPECTRUM (AUSTRALIA) PTY LTD | 1,244 | $10.09B |
| LOCKHEED MARTIN AUSTRALIA PTY LTD | 539 | $8.82B |
| LENDLEASE BUILDING PTY LIMITED | 94 | $8.73B |
What size contracts does VAREC, INC. typically win?
| Size Range | Contracts | Total Value |
|---|---|---|
| $10K-$50K | 7 | $188K |
| $50K-$100K | 1 | $83K |
| $100K-$500K | 7 | $2.2M |
| $20M+ | 1 | $21.5M |
What is VAREC, INC.'s registered business information?
- Australian Business Number (ABN)
- 35112954417
- Registered Name
- VAREC, INC.
- Government Contracting Period
- 2013 – 2020
Verify entity details on the Australian Business Register.
Procurement Categories
UNSPSC categories where VAREC, INC. is active.
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