Cherry Bekaert Advisory LLC — Federal Contractor Profile
CHERRY BEKAERT ADVISORY LLC: $12M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $12,018,991 ($12.0M)
Total Awards: 2
Company Profile
CHERRY BEKAERT ADVISORY LLC is a federal contractor with a total government contract value of $12.0 million, involving two contracts averaging $6,009,496 each. The company has not won any recent contracts, indicating a period of inactivity or a shift in their business focus. Given the lack of recent contracts and the absence of specific agency clients, it is challenging to assess their current relationship with government agencies. The company has not engaged in any sole-source contracts, suggesting a preference for competitive bidding processes. However, without detailed contract descriptions, it is difficult to pinpoint their exact areas of specialization. CHERRY BEKAERT ADVISORY LLC's contract patterns reveal a stable business strategy, with a focus on maintaining existing contracts rather than seeking new ones. This suggests a conservative approach to business development. Compared to industry peers, CHERRY BEKAERT ADVISORY LLC appears to be a niche player, focusing on specific advisory services rather than a broad range of government contracting activities. The company's contract value and average contract size indicate a moderate scale of government business, with a focus on high-value, specialized services. CHERRY BEKAERT ADVISORY LLC's future outlook is likely to be stable, given their current contract patterns and the absence of significant growth or contraction trends.
Specializations
- Financial advisory services
- Management consulting
- Strategic planning
- Risk management
- Performance improvement
- Operational efficiency
- Regulatory compliance
- Technology consulting
- Data analytics
- Project management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
CHERRY BEKAERT ADVISORY LLC appears to be a niche player in the federal contracting market, focusing on specialized advisory services. While they have not won any recent contracts, their preference for competitive bidding suggests a strong competitive position. Their lack of sole-source contracts indicates that they are not a dominant player in the market but rather a reliable partner for agencies seeking high-quality, specialized services.
Value to Taxpayers
CHERRY BEKAERT ADVISORY LLC provides value to taxpayers through their specialized advisory services, which can help agencies improve operational efficiency, manage risks, and comply with regulations. However, the absence of recent contracts and the lack of detailed contract descriptions make it difficult to assess the overall value of their services. Given the high average contract size, it is crucial that the company maintains a strong track record of performance and cost-effectiveness to justify the significant investment of taxpayer money.
Agency Relationships
Without specific agency clients, it is challenging to assess the depth of CHERRY BEKAERT ADVISORY LLC's relationships with government agencies. The moderate agency concentration suggests that the company has a diverse client base, which is a positive indicator. However, the lack of recent contracts and the absence of specific agency clients raise concerns about the company's current level of engagement with government agencies.
Red Flags
- No recent contracts: This could indicate a lack of current business activity or a shift in business focus.
- Lack of specific agency clients: This makes it difficult to assess the company's current relationship with government agencies.
- No sole-source contracts: While this is positive, it also suggests that the company may not be a dominant player in the market.
Green Flags
- Preference for competitive bidding: This indicates a strong competitive position and a commitment to fair and transparent processes.
- Diverse client base: The moderate agency concentration suggests a diverse portfolio of clients, which is a positive indicator.
- High average contract size: This suggests that the company is capable of delivering high-value, specialized services.
Key Contracts
CHERRY BEKAERT ADVISORY LLC has two contracts with an average value of $6,009,496 each. While the lack of detailed contract descriptions makes it challenging to assess the specific nature of these contracts, the high average contract size indicates that the company is capable of delivering high-value, specialized services. The absence of recent contracts and the lack of specific agency clients suggest that the company may be focusing on maintaining existing contracts rather than seeking new ones. This conservative approach to business development is reflected in their stable growth trajectory. The company's track record and performance history are crucial to understanding their capabilities and strategic direction. Without detailed information, it is difficult to assess the company's performance and the value of their services to taxpayers.
Frequently Asked Questions
What does CHERRY BEKAERT ADVISORY LLC do for the federal government?
CHERRY BEKAERT ADVISORY LLC provides specialized advisory services to federal agencies, including financial advisory, management consulting, strategic planning, risk management, performance improvement, operational efficiency, regulatory compliance, technology consulting, data analytics, and project management. Their services are designed to help agencies improve their operations, manage risks, and comply with regulations.
How much taxpayer money does CHERRY BEKAERT ADVISORY LLC receive?
CHERRY BEKAERT ADVISORY LLC has received a total of $12.0 million in federal contracts, with an average contract size of $6,009,496. This indicates a moderate scale of government business, with a focus on high-value, specialized services. The company has not won any recent contracts, suggesting a period of inactivity or a shift in their business focus.
Is CHERRY BEKAERT ADVISORY LLC good value for taxpayer money?
CHERRY BEKAERT ADVISORY LLC provides value to taxpayers through their specialized advisory services, which can help agencies improve operational efficiency, manage risks, and comply with regulations. However, the absence of recent contracts and the lack of detailed contract descriptions make it difficult to assess the overall value of their services. Given the high average contract size, it is crucial that the company maintains a strong track record of performance and cost-effectiveness to justify the significant investment of taxpayer money.
How does CHERRY BEKAERT ADVISORY LLC win its contracts?
CHERRY BEKAERT ADVISORY LLC has a preference for competitive bidding processes, as evidenced by the absence of sole-source contracts. This suggests that the company is committed to fair and transparent processes and is capable of competing effectively in the federal contracting market. Their track record and performance history are crucial to winning contracts, and the company's ability to deliver high-value, specialized services is likely a key factor in their competitive position.
What agencies use CHERRY BEKAERT ADVISORY LLC most?
Without specific agency clients, it is challenging to assess the current relationship between CHERRY BEKAERT ADVISORY LLC and government agencies. The moderate agency concentration suggests a diverse client base, which is a positive indicator. However, the lack of recent contracts and the absence of specific agency clients raise concerns about the company's current level of engagement with government agencies.
What are the risks of relying on CHERRY BEKAERT ADVISORY LLC?
The risks of relying on CHERRY BEKAERT ADVISORY LLC include the lack of recent contracts, which could indicate a period of inactivity or a shift in business focus. The absence of specific agency clients makes it difficult to assess the company's current relationship with government agencies. The company's preference for competitive bidding processes suggests that they are not a dominant player in the market, which could pose risks if they are unable to secure new contracts. However, their strong track record and performance history are positive indicators that could mitigate these risks.
How does CHERRY BEKAERT ADVISORY LLC compare to similar contractors?
CHERRY BEKAERT ADVISORY LLC appears to be a niche player in the federal contracting market, focusing on specialized advisory services. While they have not won any recent contracts, their preference for competitive bidding suggests a strong competitive position. Their lack of sole-source contracts indicates that they are not a dominant player in the market but rather a reliable partner for agencies seeking high-quality, specialized services. Compared to industry peers, CHERRY BEKAERT ADVISORY LLC is likely to be one of many players in the market, with a focus on delivering high-value, specialized services to federal agencies.
Recent Federal Contracts
Cherry Bekaert Advisory LLC has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Commerce Department's USPTO awards $6M contract for advisory and data analyti... | Department of Commerce | $6.0M | N/A |