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

16Total Contracts
$24.0MTotal Value
1Agencies Served
$1.5MAvg Contract
8Years Active

How much does VAREC, INC. win in government contracts each year?

$0 $5.4M $10.8M $16.1M $21.5M 2013: $106K 2013 2015: $163K 2015 2016: $44K 2016 2017: $21.5M 2017 2018: $417K 2018 2020: $1.7M 2020
View data table
VAREC, INC. — Annual Government Contract Awards
YearContractsValue
20132$106K
20152$163K
20161$44K
20173$21.5M
20182$417K
20206$1.7M

Who are VAREC, INC.'s biggest government clients?

AgencyContractsValueShare
Department of Defence 16 $24.0M 100.0%

How does VAREC, INC. win government contracts?

MethodContractsValueShare
limited 16 $24.0M 100.0%

What are VAREC, INC.'s largest government contracts?

ContractAgencyValueAwarded
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?

ContractAgencyValueDate
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?

→ 0.0%

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.

SupplierContractsValue
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 RangeContractsTotal Value
$10K-$50K7$188K
$50K-$100K1$83K
$100K-$500K7$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.

Engineering & Research 9 contracts · $23.7M · 0.0% of category spend IT & Telecommunications 5 contracts · $173K · 0.0% of category spend Management & Professional Services 1 contracts · $143K · 0.0% of category spend

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