Levi Ray & Shoup Inc.

Levi Ray & Shoup Inc., doing business as LRS, is a Springfield, Illinois-based software licensing and maintenance provider that delivers proprietary software solutions and technical support services to federal agencies exclusively as a prime contractor on full-and-open federal supply schedules. LRS is a for-profit Subchapter S corporation with no SBA set-aside designations; the vendor competes on unrestricted basis across all 455 recent awards in the source data, with 100% prime positioning and a one-award subcontractor footprint.

LRS's capability portfolio centers on three proprietary software platforms: Virtual Private System (VPS) for print and output management on IBM mainframes, Dynamic Report System (DRS) for report distribution and information management, and VPSX Enterprise for enterprise output management. These solutions enable federal agencies to sustain legacy mainframe operations, secure file transfer, and reporting functions across civilian and defense departments. Recent representative awards include a $814,583 delivery order from the Social Security Administration (June 2026) for VPS software maintenance renewal under GSA Multiple Award Schedule; a $408,702 delivery order from the Defense Information Systems Agency (October 2025) for proprietary software solutions and technical support; and a $170,562 delivery order from the Department of Agriculture's National Finance Center (October 2025) for LRS software and related services.

Customer concentration is extreme and driven by two anchor agencies. The Department of Homeland Security Chief Procurement Officer alone accounts for $900.4 million in combined potential value across eight awards (84% of the vendor's $1.05 billion total potential value), followed by GSA Federal Acquisition Service ($113.8 million across six awards). When ranked by award count, the top five customers—Defense Information Systems Agency (33 awards), Defense Logistics Agency Distribution (32 awards), Department of Agriculture Office of the Chief Financial Officer (28 awards), Department of Justice Justice Management Division (20 awards), and Social Security Administration (20 awards)—represent only 29% of awards but the concentration by dollar value is dominated by the DHS CPO vehicle. This divergence signals that the DHS CPO contract carries a massive ceiling (likely a placeholder or multi-year umbrella) relative to actual task order volume, while the smaller award count to DISA, DLA, USDA, DOJ, and SSA represents more granular, incremental task orders.

LRS maintains dominant presence on two federal supply vehicles: the Information Technology Schedule 70 (IT Schedule 70) from GSA, where the vendor holds 292 task orders worth $925.5 million in combined potential value, and the GSA Multiple Award Schedule (MAS), where the vendor executes 69 task orders worth $12.9 million combined. These two vehicles account for substantially all of LRS's federal prime work. The IT Schedule 70 placement is the critical vehicle—it is the government-wide IT procurement channel under which the DHS CPO and other agencies issue task orders for software licenses and support services across federal civilian and defense sectors.

Activity has remained roughly flat over the past five years (nine to eleven awards annually from 2022 through 2024, declining to eight in 2025 and four in 2026 year-to-date), with combined obligated dollars of $43.2 million against a $1.05 billion potential-value ceiling. The recompete exposure in the next twenty-four months is minimal—only four awards worth a combined $1.1 million in potential value reach ultimate completion inside that window, reflecting the long tail nature of LRS's supply-schedule positioning where task orders renew annually or carry multi-year performance periods staggered across the fiscal calendar.

Service Contract Inventory data captures only one named subcontract award (a $24 thousand Blanket Purchase Agreement sub to Peraton Enterprise Solutions LLC in January 2024) and shows LRS reporting 15 SCI records as a named subcontractor to other primes across FY2022–FY2025, with declining FTE trajectory from 42.6 FTEs in FY2022 to 7.5 FTEs in FY2025. This sub-engagement signal is narrow—SCI covers only contracts above $150,000 and excludes goods and micro-purchases, so the FTE and revenue figures reflect a small subset of the vendor's total federal business. The overwhelming pattern is prime contracting through GSA vehicles, not subcontracting.

LRS's federal footprint is characterized by narrow, specialized software maintenance and licensing services on legacy systems, concentrated on two GSA vehicles (IT Schedule 70 and MAS) and anchored to a small set of repeat customers (SSA, DISA, DLA, DOJ, USDA, DHS). The vendor has held SAM registration since 2002 and operates as a pure schedule holder with no competitive set-aside activity, full-and-open awards exclusively, and no material subcontracting presence. The business model is stable but growth-limited—the vendor renews annual and multi-year task orders with established customers rather than competing for new program wins, and the massive DHS CPO ceiling appears to represent contract-bundling rather than actual annual spending velocity.