Alixpartners, LLP

Alixpartners, LLP, doing business as AP Services, operates as a prime contractor delivering expert witness services, forensic financial analysis, and litigation support to federal agencies on a full-and-open basis without set-aside designations. The New York-based partnership provides specialized advisory and valuation expertise to support complex government investigations, enforcement actions, and litigation matters across financial regulatory and tax agencies.

Alixpartners' capability portfolio centers on expert witness testimony, asset valuation analysis, and forensic financial advisory services. Representative work includes a $2.7 million definitive contract with the IRS Chief Counsel (awarded August 2025, through August 2030) for expert witness services supporting capital investments investigations; a $2.9 million labor-hours definitive contract with the IRS Chief Counsel (awarded July 2025, through June 2030) for asset valuation expert witness services; a $2.5 million time-and-materials purchase order with the U.S. Attorney's Offices (awarded October 2025, through October 2026) for litigative consultant and financial analysis services; and a $9 million single-award indefinite-delivery contract with the Pension Benefit Guaranty Corporation (awarded August 2026, through August 2031) for advisory and assistance services pertaining to bankruptcy restructuring and distress valuations in the technology sector. The PBGC IDIQ solicitation specifically required demonstrated expertise in large distress valuation and turnaround engagements for enterprises with funded debt exceeding four billion dollars and prior experience with the PBGC pension termination process.

Customer concentration is pronounced. The Internal Revenue Service, Securities and Exchange Commission, and Department of Labor Employee Benefits Security Administration collectively account for 72% of awards and 91% of combined potential value across the prime footprint. IRS leads by dollar magnitude ($10.6 million across twelve awards), followed by PBGC ($10.4 million across two awards) and SEC ($6.9 million across seventeen awards). The IRS and PBGC relationship skews the potential-value ranking; SEC places the largest number of awards. Department of Justice offices (Criminal Division and U.S. Attorney's Offices combined) represent approximately $3.6 million across six awards.

Alixpartners holds a single named parent vehicle: the PBGC Indefinite Delivery Contract 16PBGC26D0002 ($1.4 million in delivery-order value). All other awards are definitive contracts, purchase orders, or direct IDIQs, with no participation in government-wide acquisition contracts or blanket purchase agreements.

Recent activity trends erratically — four awards in 2020, four in 2022, one in 2023, three in 2025, and four in 2026 — suggesting lumpy, project-based engagement rather than steady-state contracting. Two awards totaling $4 million complete within the next twenty-four months, creating modest recompete exposure. The vendor operates entirely as a prime (100% of awards) with no subcontractor footprint; across SCI-reportable prime service contracts, Alixpartners self-performed 100% of contractor hours with zero subcontractor engagement.

SCI-reported invoicing totaled $1 million across FY2022–FY2025 ($769 thousand in FY2022, $54 thousand in FY2023, $130 thousand in FY2024, $69 thousand in FY2025), reflecting minimal federal services-contract volume captured above the $150,000 SCI reporting threshold. The SCI dataset shows roughly 0.6 FTEs delivered to the federal government in FY2022, declining to near-zero in FY2023–FY2024 and 0.1 FTEs in FY2025, consistent with an as-needed expert-consulting engagement model rather than sustained staffing. On federal services contracts captured in SCI, government-paid hourly rates ran from a median around $665.85/hr through senior expert labor priced at $15,847.86/hr at the 90th percentile, reflecting senior-level valuation and expert testimony services. The $36.9 million combined potential value across the broader 65-award prime portfolio far exceeds SCI-invoiced amounts, indicating that most Alixpartners federal work falls below the SCI reporting threshold or operates on time-and-materials or labor-hours pricing structures where invoicing lags award ceiling values.