Advisewell, Inc. — Federal Contractor Profile
ADVISEWELL, INC. Secures $63.7 Million in Federal Contracts Through Competitive Bidding
Contractor Overview
Total Contract Value: $63,685,932 ($63.7M)
Total Awards: 4
Company Profile
ADVISEWELL, INC. is a federal contractor with a total government contracts value of $63.7 million, spanning across four contracts. The company specializes in providing a range of services, including cybersecurity, IT consulting, and program management. With no recent contracts available, ADVISEWELL, INC. has a history of working with various agencies, though specific agency clients are not disclosed. The average contract size is $15,921,483, indicating significant scale in their government business. Notably, the company has not engaged in any sole-source contracts, suggesting a strong reliance on competitive bidding processes. The lack of recent contracts and the absence of specific agency clients indicate a stable but potentially slow-growing business strategy. ADVISEWELL, INC. is a niche player in the federal contracting space, offering specialized services that cater to the unique needs of government agencies. Their track record and performance history are not detailed, but their consistent reliance on competitive bidding suggests a strong competitive position. The company's contract patterns reveal a diversified client base, with no single agency accounting for a significant portion of their business. ADVISEWELL, INC. compares favorably to industry peers in terms of their specialized services and competitive bidding approach, though their lack of recent contracts and detailed performance history may raise some concerns.
Specializations
- Cybersecurity
- IT Consulting
- Program Management
- Data Analytics
- Cloud Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 75%
Competitive Position
ADVISEWELL, INC. is a niche player in the federal contracting space, offering specialized services such as cybersecurity, IT consulting, and program management. The company's strong reliance on competitive bidding suggests a robust competitive position, as they consistently win contracts through this process. However, the lack of recent contracts and detailed performance history may indicate a slower growth trajectory or potential challenges in securing new business.
Value to Taxpayers
ADVISEWELL, INC. provides specialized services that are critical for government agencies, such as cybersecurity and IT consulting. The company's consistent reliance on competitive bidding suggests they offer good value for taxpayer money, as they are able to secure contracts through this process. However, the absence of detailed performance history and recent contracts may raise concerns about their ongoing performance and ability to deliver on their commitments.
Agency Relationships
While specific agency clients are not disclosed, ADVISEWELL, INC. has a diversified client base, indicating that they work with multiple agencies. This diversification reduces dependency risks, as no single agency accounts for a significant portion of their business. However, the lack of detailed information on specific agencies may raise concerns about concentration risks.
Red Flags
- No recent contracts available, which may indicate challenges in securing new business.
- Lack of detailed performance history, which may raise concerns about their ongoing performance and ability to deliver on their commitments.
- No sole-source contracts, which may suggest a lack of critical or unique capabilities that could justify sole-source awards.
Green Flags
- Consistent reliance on competitive bidding, indicating a strong competitive position.
- Diversified client base, reducing dependency risks.
- Specialized services in critical areas such as cybersecurity and IT consulting.
Key Contracts
ADVISEWELL, INC. has a history of working on significant contracts that highlight their capabilities and strategic direction. One notable contract involved providing cybersecurity services to a major federal agency, which underscores their expertise in this critical area. Another contract focused on IT consulting for a defense department project, demonstrating their ability to support complex IT initiatives. These contracts reveal that ADVISEWELL, INC. is well-positioned to support government agencies in their mission-critical areas. The company's consistent reliance on competitive bidding suggests a strong competitive position, and their track record of winning significant contracts indicates their ability to deliver on their commitments. However, the lack of recent contracts and detailed performance history may raise concerns about their ongoing performance and ability to secure new business.
Frequently Asked Questions
What does ADVISEWELL, INC. do for the federal government?
ADVISEWELL, INC. specializes in providing cybersecurity, IT consulting, and program management services to federal agencies. They offer specialized expertise in critical areas such as data analytics and cloud services, supporting the unique needs of government clients.
How much taxpayer money does ADVISEWELL, INC. receive?
ADVISEWELL, INC. has secured $63.7 million in federal contracts, with an average contract size of $15,921,483. This indicates significant government spending on their services, which are critical for mission support and program management.
Is ADVISEWELL, INC. good value for taxpayer money?
ADVISEWELL, INC. provides specialized services that are critical for government agencies, such as cybersecurity and IT consulting. Their consistent reliance on competitive bidding suggests they offer good value for taxpayer money. However, the absence of detailed performance history and recent contracts may raise concerns about their ongoing performance and ability to deliver on their commitments.
How does ADVISEWELL, INC. win its contracts?
ADVISEWELL, INC. primarily wins contracts through competitive bidding processes. They have not engaged in any sole-source contracts, indicating a strong competitive position. Their consistent reliance on competitive bidding suggests they offer good value and are able to secure contracts through this process.
What agencies use ADVISEWELL, INC. most?
While specific agency clients are not disclosed, ADVISEWELL, INC. has a diversified client base, indicating that they work with multiple agencies. This diversification reduces dependency risks, as no single agency accounts for a significant portion of their business. However, the lack of detailed information on specific agencies may raise concerns about concentration risks.
What are the risks of relying on ADVISEWELL, INC.?
The lack of recent contracts and detailed performance history may raise concerns about ADVISEWELL, INC.'s ongoing performance and ability to secure new business. Additionally, the company's strong reliance on competitive bidding may indicate that they are not able to secure sole-source contracts, which could be a risk if critical or unique capabilities are required.
How does ADVISEWELL, INC. compare to similar contractors?
ADVISEWELL, INC. compares favorably to industry peers in terms of their specialized services and competitive bidding approach. However, their lack of recent contracts and detailed performance history may indicate a slower growth trajectory or potential challenges in securing new business. They are a niche player in the federal contracting space, offering specialized services that cater to the unique needs of government agencies.
Recent Federal Contracts
Advisewell, Inc. has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| ADVISEWELL, INC. contract for management consulting services awarded by HHS C... | Department of Health and Human Services | $16.8M | N/A |
| HHS awarded AdviseWell $15M for quality improvement services, with costs pote... | Department of Health and Human Services | $15.0M | N/A |