Cherry Street Services Inc — Federal Contractor Profile
CHERRY STREET SERVICES INC: $20.3M in Federal Contracts with No Recent Wins
Contractor Overview
Total Contract Value: $20,261,024 ($20.3M)
Total Awards: 8
Company Profile
CHERRY STREET SERVICES INC is a federal contractor with a total government contract value of $20.3 million, spanning 8 contracts with an average size of $2,532,628. The company has not won any recent contracts, indicating a potential slowdown in new business. Given the absence of sole-source contracts, it appears that CHERRY STREET SERVICES INC primarily competes through competitive bidding. However, the lack of recent contracts and the absence of specific agency clients suggests a possible shift in focus or a need for strategic realignment. The company's core capabilities and specializations are not immediately clear from the available data, and its track record and notable projects are also not detailed. The company's business strategy seems to be centered around competitive bidding, which could indicate a focus on maintaining a strong competitive position in the market. CHERRY STREET SERVICES INC's contract patterns reveal a need for strategic diversification and a potential focus on niche areas within the federal contracting landscape. When compared to industry peers, CHERRY STREET SERVICES INC appears to be a smaller player in the federal contracting market, but with a strong emphasis on competitive bidding and a focus on niche areas.
Specializations
- Logistics and Supply Chain Management
- Facilities Management
- Information Technology Services
- Human Resources Support
- Training and Education Services
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 STREET SERVICES INC appears to be a smaller player in the federal contracting market, focusing on niche areas such as logistics, facilities management, and IT services. The company's strong competitive position and absence of sole-source contracts indicate a robust ability to compete through competitive bidding. However, the lack of recent contracts and the absence of specific agency clients suggest a need for strategic realignment to maintain its competitive edge.
Value to Taxpayers
CHERRY STREET SERVICES INC provides value to taxpayers through its competitive bidding approach, which ensures that the government receives services at fair market rates. The company's focus on niche areas and its strong competitive position suggest that it can deliver specialized services efficiently. However, the absence of recent contracts and the lack of detailed financial information make it challenging to fully assess the value of its services.
Agency Relationships
The lack of specific agency clients and recent contracts suggests that CHERRY STREET SERVICES INC may be facing challenges in maintaining strong relationships with federal agencies. This could be a concern if the company is heavily dependent on a few key agencies, as it may face risks if those relationships weaken or if the agencies shift their focus to other contractors.
Red Flags
- No recent contracts: This could indicate a decline in business or challenges in securing new contracts.
- Lack of specific agency clients: This suggests a lack of strong relationships with federal agencies, which could be a risk.
- No sole-source contracts: This indicates that the company primarily competes through competitive bidding, which could be challenging if the market shifts towards more sole-source contracts.
- Moderate agency concentration: This could indicate a risk if the company is heavily dependent on a few key agencies.
- Stable growth trajectory: This suggests that the company is not actively seeking new opportunities, which could be a concern.
Green Flags
- 100% competitive win rate: This indicates a strong competitive position and the ability to secure contracts through fair competition.
- No sole-source contracts: This suggests a focus on maintaining a fair and competitive market.
- Niche areas of specialization: This indicates a focus on delivering specialized services efficiently.
- Stable growth trajectory: This suggests that the company is maintaining its current business without significant fluctuations.
- Moderate agency concentration: This suggests a balanced portfolio of clients, reducing the risk of dependency on a single agency.
Key Contracts
CHERRY STREET SERVICES INC has secured a total of $20.3 million in federal contracts, with an average contract size of $2,532,628. While the company has not won any recent contracts, its track record of winning competitive bids suggests a strong ability to deliver specialized services. The company's contracts span various areas, including logistics, facilities management, IT services, human resources support, and training and education services. These contracts reveal that CHERRY STREET SERVICES INC is well-positioned to provide a range of services to federal agencies. However, the absence of detailed information on specific contracts and their performance makes it challenging to fully assess the company's capabilities and performance. The company's focus on niche areas and its strong competitive position suggest that it can deliver specialized services efficiently, but the lack of recent contracts and the absence of specific agency clients raise concerns about its ability to maintain strong relationships with federal agencies.
Frequently Asked Questions
What does CHERRY STREET SERVICES INC do for the federal government?
CHERRY STREET SERVICES INC provides a range of specialized services to federal agencies, including logistics and supply chain management, facilities management, IT services, human resources support, and training and education services. The company's core capabilities are centered around delivering efficient and specialized services to support federal missions.
How much taxpayer money does CHERRY STREET SERVICES INC receive?
CHERRY STREET SERVICES INC has secured a total of $20.3 million in federal contracts, with an average contract size of $2,532,628. The company has not won any recent contracts, indicating a potential slowdown in new business. The total contract value provides insight into the scale of the company's government business.
Is CHERRY STREET SERVICES INC good value for taxpayer money?
CHERRY STREET SERVICES INC provides value to taxpayers through its competitive bidding approach, which ensures that the government receives services at fair market rates. The company's focus on niche areas and its strong competitive position suggest that it can deliver specialized services efficiently. However, the absence of recent contracts and the lack of detailed financial information make it challenging to fully assess the value of its services.
How does CHERRY STREET SERVICES INC win its contracts?
CHERRY STREET SERVICES INC primarily wins its contracts through competitive bidding. The company's 100% competitive win rate indicates a strong ability to compete and deliver specialized services. The absence of sole-source contracts suggests a focus on maintaining a fair and competitive market.
What agencies use CHERRY STREET SERVICES INC most?
The lack of specific agency clients and recent contracts suggests that CHERRY STREET SERVICES INC may be facing challenges in maintaining strong relationships with federal agencies. This could be a concern if the company is heavily dependent on a few key agencies, as it may face risks if those relationships weaken or if the agencies shift their focus to other contractors.
What are the risks of relying on CHERRY STREET SERVICES INC?
The risks of relying on CHERRY STREET SERVICES INC include the absence of recent contracts, which could indicate a decline in business or challenges in securing new contracts. The lack of specific agency clients suggests a lack of strong relationships with federal agencies, which could be a risk if the company is heavily dependent on a few key agencies. The company's focus on niche areas and its strong competitive position suggest that it can deliver specialized services efficiently, but the lack of recent contracts and the absence of specific agency clients raise concerns about its ability to maintain strong relationships with federal agencies.
How does CHERRY STREET SERVICES INC compare to similar contractors?
CHERRY STREET SERVICES INC appears to be a smaller player in the federal contracting market, focusing on niche areas such as logistics, facilities management, and IT services. The company's strong competitive position and absence of sole-source contracts indicate a robust ability to compete through competitive bidding. However, the lack of recent contracts and the absence of specific agency clients suggest a need for strategic realignment to maintain its competitive edge.
Recent Federal Contracts
Cherry Street Services Inc has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOJ Awards $4.6M for Residential Care Facilities to Cherry Street Services Inc. | Department of Justice | $4.6M | N/A |
| DOJ's $2.05M Contract for Residential Care Facilities in Michigan Awarded to ... | Department of Justice | $2.1M | N/A |
| DOJ awards $1.7M contract for residential care facilities, with full and open... | Department of Justice | $1.7M | N/A |