Levi Ray & Shoup Inc.

Levi Ray & Shoup Inc., doing business as LRS, is a Springfield, Illinois-based Subchapter S corporation that supplies proprietary software products, software maintenance, and technical support services to federal agencies exclusively as a prime contractor under the GSA Multiple Award Schedule (MAS) and Information Technology Schedule 70. The vendor competes on an unrestricted, full-and-open basis across all its federal contracts with no set-aside designations.

LRS's capability footprint centers on legacy mainframe software and output-management solutions: the Virtual Private System (VPS) for print management, the Dynamic Report System (DRS) for information distribution, and VPSX Enterprise for enterprise output management. These products support critical IT functions including mainframe operations, secure file transfer, report distribution, and virtual printing across federal agencies. Recent representative prime awards include a $814,583 delivery order from the Social Security Administration for VPS software maintenance renewal through March 31, 2027 under MAS; a $408,702 delivery order from the Defense Information Systems Agency for proprietary software and technical support through September 30, 2026, also under MAS; and a $170,562 delivery order from the Department of Agriculture's National Finance Center for LRS software and related services through September 30, 2026.

Customer concentration is heavily skewed toward defense and civilian IT infrastructure buyers. By award count, the top five customers account for 29% of awards: Defense Information Systems Agency (33 awards, $7 million), Defense Logistics Agency Distribution (32 awards, $1.3 million), Department of Agriculture Office of the Chief Financial Officer (28 awards, $1.4 million), Department of Justice Justice Management Division (20 awards, $2.2 million), and Social Security Administration (20 awards, $9.9 million). Dollar concentration diverges significantly: the Department of Homeland Security Chief Procurement Officer anchors 98% of the combined potential value across all customer agencies at $900.4 million across just 8 awards, indicating a single large IDV or master contract vehicle. GSA Federal Acquisition Service ranks second at $113.8 million across 6 awards.

LRS places nearly all task orders under two vehicles. The Information Technology Schedule 70 (IT Schedule 70) carries 292 task orders valued at $925.5 million in combined potential value—the dominant vehicle funding LRS's federal footprint. The Multiple Award Schedule accounts for 68 task orders valued at $12.8 million. A small volume of activity flows through the Federal Supply Schedule GS35F5255H (9 task orders) and GS35F0177D (7 task orders). The $1.05 billion combined potential value across all 454 awards reflects the size of these vehicles but masks substantial historical concentration: only $43.1 million (4% of potential value) has been obligated to date, indicating many awards carry large ceilings with limited drawdown or are older awards with expirations near completion.

Activity has remained relatively flat over the past five years—9 awards in 2022 declining to 3 awards year-to-date in 2026—suggesting mature contract status with annual renewals rather than new business growth. Eight awards (combined potential value $1.8 million) face ultimate completion within the next twenty-four months and will require recompete. The vendor operates entirely as a prime contractor: 100% of the 454 awards in the source are prime awards, with only a single sub-award visible (a January 2024 sub task to Peraton Enterprise Solutions on the HUD HITS-CS infrastructure management contract). Service Contract Inventory data shows LRS delivers a small slice of work as a named subcontractor—11 SCI records across fiscal years 2022–2024—with FTE trajectory declining from 42.6 FTEs in FY2022 to 9.3 FTEs in FY2024, indicating minimal or declining federal services-contract labor delivery relative to its software licensing and maintenance dominance.

LRS has served 52 distinct federal customer agencies across nearly four decades of contracting (first award in 1988), with the bulk of recent volume concentrated in Social Security Administration, DoD IT organizations (DISA, DCSA), Department of Justice, Department of Veterans Affairs, Department of Agriculture, Department of Homeland Security, and civilian OCIO (Office of the Chief Information Officer) buyers. The vendor's product portfolio and delivery model are narrowly specialized: proprietary legacy mainframe software solutions for print management, reporting, and file transfer—a mature, sustainable niche that generates recurring maintenance and license-renewal orders rather than expansive new-capability pursuits. Competitors and teaming partners should view LRS as an incumbent legacy-systems vendor on IT Schedule 70 and MAS with high customer stickiness, flat near-term growth, and minimal subcontractor footprint.