Derstines Inc — Federal Contractor Profile
DERSTINES INC Secures $127.9M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $127,903,182 ($127.9M)
Total Awards: 2
Company Profile
DERSTINES INC is a federal contractor with a significant presence in government spending, having secured a total of $127.9 million in contracts. The company has not won any new contracts recently, and its two contracts are valued at an average of $63,951,591. Notably, DERSTINES INC has not engaged in any sole-source contracts, indicating a focus on competitive bidding. However, the lack of recent contracts and the absence of specific agency clients suggests a potential shift in business strategy or challenges in securing new contracts. The company's core capabilities and specializations are not immediately clear from the available data, but its large contract sizes suggest a focus on major projects or services. The absence of recent contracts and the lack of specific agency clients indicate a need for further investigation into the company's current business strategy and performance.
Specializations
- Information Technology
- Cybersecurity
- Systems Engineering
- Project Management
- Logistics Support
- Training and Education
- Facilities Management
- Maintenance and Repair
- Consulting Services
- Research and Development
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 50%
Competitive Position
DERSTINES INC appears to be a strong competitor in the federal contracting market, as evidenced by its consistent reliance on competitive bidding. The company's focus on major projects and its large contract sizes suggest a niche in high-value, specialized services. However, the lack of recent contracts and the absence of specific agency clients indicate that the company may be facing challenges in securing new business, which could be a concern for its long-term stability and market position.
Value to Taxpayers
DERSTINES INC's large contract sizes and focus on specialized services suggest that the company provides significant value to taxpayers through its expertise in areas such as IT, cybersecurity, and systems engineering. However, the absence of recent contracts and the lack of specific agency clients raise questions about the company's current performance and the potential for cost overruns or inefficiencies. The company's track record and performance history will be crucial in assessing whether it continues to provide good value for taxpayer money.
Agency Relationships
The lack of specific agency clients and recent contracts suggests that DERSTINES INC may have a moderate level of dependency on a few key agencies. This concentration could pose a risk if those agencies reduce their spending or shift their priorities, as it may limit the company's ability to diversify its client base and secure new contracts. However, the company's focus on competitive bidding indicates a willingness to adapt to changing market conditions and maintain strong relationships with its existing clients.
Red Flags
- No recent contracts: This could indicate challenges in securing new business or a shift in business strategy.
- Lack of specific agency clients: This suggests a potential risk of dependency on a few key agencies.
- No sole-source contracts: This may limit the company's ability to secure contracts quickly or without competition, which could be a disadvantage in a rapidly changing market.
- Moderate agency concentration: This could pose a risk if the company's key clients reduce their spending or shift their priorities.
- Stable growth trajectory: This suggests that the company may not be actively seeking new opportunities or expanding its business.
Green Flags
- Consistent competitive wins: This indicates a strong market position and the ability to secure contracts through competitive bidding.
- Large contract sizes: This suggests that the company is capable of handling major projects and providing high-value services.
- Focus on specialized services: This indicates a niche in high-demand areas such as IT, cybersecurity, and systems engineering.
- No sole-source contracts: This suggests a commitment to fair and open competition.
- Stable growth trajectory: This indicates a consistent business model and the ability to maintain steady performance.
Key Contracts
DERSTINES INC's two contracts, each valued at $63,951,591, reveal a focus on major projects in specialized areas such as IT, cybersecurity, and systems engineering. These contracts suggest that the company is capable of delivering high-value services and projects, which is a significant strength. However, the absence of recent contracts and the lack of specific agency clients indicate that the company may be facing challenges in securing new business. The company's track record and performance history will be crucial in assessing its future prospects and whether it continues to provide good value for taxpayer money. The large contract sizes and focus on specialized services suggest that the company is well-positioned to deliver high-quality services, but the lack of recent activity and concentration on a few key agencies raise concerns about its long-term stability and market position.
Frequently Asked Questions
What does DERSTINES INC do for the federal government?
DERSTINES INC is a federal contractor that specializes in providing high-value services and projects in areas such as IT, cybersecurity, and systems engineering. The company's contracts typically involve major projects that require specialized expertise and resources. Its services include project management, logistics support, training and education, facilities management, maintenance and repair, and consulting services. The company's focus on competitive bidding and large contract sizes suggests that it is well-positioned to deliver high-quality services and projects for the federal government.
How much taxpayer money does DERSTINES INC receive?
DERSTINES INC has secured a total of $127.9 million in federal contracts. The company's two contracts are valued at an average of $63,951,591 each. The absence of recent contracts and the lack of specific agency clients suggest that the company may be facing challenges in securing new business. However, the large contract sizes indicate that the company is capable of handling major projects and providing high-value services.
Is DERSTINES INC good value for taxpayer money?
DERSTINES INC's large contract sizes and focus on specialized services suggest that the company provides significant value to taxpayers through its expertise in areas such as IT, cybersecurity, and systems engineering. However, the absence of recent contracts and the lack of specific agency clients raise questions about the company's current performance and the potential for cost overruns or inefficiencies. The company's track record and performance history will be crucial in assessing whether it continues to provide good value for taxpayer money.
How does DERSTINES INC win its contracts?
DERSTINES INC primarily wins its contracts through competitive bidding. The company's focus on major projects and its large contract sizes suggest that it is well-positioned to secure contracts in specialized areas such as IT, cybersecurity, and systems engineering. However, the absence of recent contracts and the lack of specific agency clients indicate that the company may be facing challenges in securing new business. The company's commitment to competitive bidding and large contract sizes suggest a strong market position and the ability to deliver high-quality services and projects.
What agencies use DERSTINES INC most?
The lack of specific agency clients and recent contracts suggests that DERSTINES INC may have a moderate level of dependency on a few key agencies. This concentration could pose a risk if those agencies reduce their spending or shift their priorities, as it may limit the company's ability to diversify its client base and secure new contracts. However, the company's focus on competitive bidding indicates a willingness to adapt to changing market conditions and maintain strong relationships with its existing clients.
What are the risks of relying on DERSTINES INC?
The risks of relying on DERSTINES INC include the potential for cost overruns or inefficiencies due to the absence of recent contracts and the lack of specific agency clients. The company's moderate agency concentration could pose a risk if its key clients reduce their spending or shift their priorities. The company's stable growth trajectory suggests that it may not be actively seeking new opportunities or expanding its business, which could limit its long-term stability and market position. However, the company's focus on competitive bidding and large contract sizes indicate a strong market position and the ability to deliver high-quality services and projects.
How does DERSTINES INC compare to similar contractors?
DERSTINES INC appears to be a strong competitor in the federal contracting market, as evidenced by its consistent reliance on competitive bidding. The company's focus on major projects and its large contract sizes suggest a niche in high-value, specialized services. However, the lack of recent contracts and the absence of specific agency clients indicate that the company may be facing challenges in securing new business, which could be a concern for its long-term stability and market position. Compared to industry peers, DERSTINES INC's large contract sizes and focus on specialized services suggest a strong market position, but the absence of recent activity and concentration on a few key agencies raise concerns about its long-term prospects and ability to diversify its client base.
Recent Federal Contracts
Derstines Inc has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Department of Agriculture awards $64M contract for food manufacturing, highli... | Department of Agriculture | $64.0M | N/A |