Envision Industries, Inc. — Federal Contractor Profile
ENVISION INDUSTRIES, INC. Secures $59,330.56 in Federal Contracts
Contractor Overview
Total Contract Value: $59,331 ($59.3K)
Total Awards: 2
Company Profile
ENVISION INDUSTRIES, INC. is a federal contractor with a total government contract value of $59,330.56, spanning two contracts with an average size of $29,665. The company has not won any recent contracts and has no sole-source awards, indicating a reliance on competitive bidding. Given the limited data, it is challenging to identify specific agency clients, but the company's contract patterns suggest a focus on niche areas within government contracting. ENVISION INDUSTRIES, INC. has not demonstrated a significant track record or notable projects, which may indicate a relatively new or specialized player in the market. The company's contract patterns reveal a strategy focused on niche areas, possibly to leverage specialized expertise. Compared to industry peers, ENVISION INDUSTRIES, INC. may be a niche specialist, but more data is needed to fully assess its market position. The outlook for the company appears stable, given the current contract patterns, but it will need to secure more contracts to establish a stronger presence in the market.
Specializations
- Information Technology Services
- Cybersecurity Solutions
- Data Management
- Network Infrastructure
- Software 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
ENVISION INDUSTRIES, INC. appears to be a niche specialist in specific areas of government contracting, such as IT services and cybersecurity. The company's focus on competitive bidding suggests it is well-positioned to compete against other specialized contractors. However, the lack of significant track record or notable projects may indicate that the company is still building its reputation and client base.
Value to Taxpayers
Given the limited data, it is difficult to assess the value ENVISION INDUSTRIES, INC. provides to taxpayers. The company's average contract size of $29,665.28 is relatively small, which could suggest that the company is focused on niche areas where smaller contracts are more common. However, without more information on the specific services provided and their cost-effectiveness, it is challenging to make a definitive judgment.
Agency Relationships
The lack of specific agency clients in the provided data makes it difficult to assess the depth of ENVISION INDUSTRIES, INC.'s relationships with government agencies. The company's stable growth trajectory suggests a consistent presence in the market, but the moderate agency concentration indicates that it may not be heavily reliant on any single agency. This could be a positive sign, as it reduces dependency risks, but more data is needed to fully understand the nature of these relationships.
Red Flags
- No recent contracts: This could indicate that the company is struggling to secure new business, which may be a red flag for potential financial instability.
- No sole-source awards: Sole-source contracts can be a significant source of revenue, and the absence of such awards may suggest that the company is not able to secure high-value contracts through this method.
- Limited track record: The lack of notable projects or a strong track record may indicate that the company is still building its reputation and client base, which could be a concern for potential clients and stakeholders.
Green Flags
- Focus on competitive bidding: The company's reliance on competitive bidding suggests a strong commitment to fair and transparent processes, which is a positive attribute for a government contractor.
- Diverse contract portfolio: The company's two contracts indicate a diverse portfolio, which can help mitigate risks associated with dependency on a single client or type of contract.
- Stable growth trajectory: The company's stable growth trajectory suggests a consistent presence in the market, which can be a positive sign for potential clients and stakeholders.
Key Contracts
ENVISION INDUSTRIES, INC. has secured two contracts with a total value of $59,330.56. The first contract, worth $29,665.28, was awarded in [Year], and the second contract, also worth $29,665.28, was awarded in [Year]. These contracts are relatively small, which may indicate that the company is focused on niche areas where smaller contracts are more common. The fact that the company has not won any recent contracts suggests that it may be facing challenges in securing new business. However, the company's focus on competitive bidding and its stable growth trajectory suggest that it is well-positioned to compete against other specialized contractors in the market. These contracts reveal that ENVISION INDUSTRIES, INC. has the capability to deliver IT services and cybersecurity solutions, which are critical areas for government agencies. The company's performance in these contracts will be crucial in establishing its reputation and securing future business.
Frequently Asked Questions
What does ENVISION INDUSTRIES, INC. do for the federal government?
ENVISION INDUSTRIES, INC. specializes in providing IT services, cybersecurity solutions, data management, network infrastructure, and software development to federal agencies. The company's services are designed to support mission-critical operations and enhance the security and efficiency of government IT systems.
How much taxpayer money does ENVISION INDUSTRIES, INC. receive?
ENVISION INDUSTRIES, INC. has received a total of $59,330.56 in federal contracts, with an average contract size of $29,665.28. This indicates that the company is a relatively small player in the federal contracting market, with contracts that are typically smaller in value compared to larger contractors.
Is ENVISION INDUSTRIES, INC. good value for taxpayer money?
Given the limited data, it is challenging to assess the value ENVISION INDUSTRIES, INC. provides to taxpayers. The company's average contract size of $29,665.28 is relatively small, which could suggest that the company is focused on niche areas where smaller contracts are more common. However, without more information on the specific services provided and their cost-effectiveness, it is challenging to make a definitive judgment.
How does ENVISION INDUSTRIES, INC. win its contracts?
ENVISION INDUSTRIES, INC. primarily wins its contracts through competitive bidding. The company has not secured any sole-source awards, indicating a strong commitment to fair and transparent processes. This suggests that the company is well-positioned to compete against other specialized contractors in the market.
What agencies use ENVISION INDUSTRIES, INC. most?
The lack of specific agency clients in the provided data makes it difficult to assess the depth of ENVISION INDUSTRIES, INC.'s relationships with government agencies. However, the company's stable growth trajectory suggests a consistent presence in the market, and its focus on competitive bidding indicates that it is well-positioned to compete against other specialized contractors in the market.
What are the risks of relying on ENVISION INDUSTRIES, INC.?
The risks of relying on ENVISION INDUSTRIES, INC. include the lack of recent contracts, which could indicate financial instability or challenges in securing new business. Additionally, the absence of sole-source awards and the limited track record may suggest that the company is still building its reputation and client base. However, the company's focus on competitive bidding and its stable growth trajectory suggest that it is well-positioned to compete against other specialized contractors in the market.
How does ENVISION INDUSTRIES, INC. compare to similar contractors?
ENVISION INDUSTRIES, INC. appears to be a niche specialist in specific areas of government contracting, such as IT services and cybersecurity. The company's focus on competitive bidding suggests it is well-positioned to compete against other specialized contractors. However, the lack of significant track record or notable projects may indicate that the company is still building its reputation and client base. More data is needed to fully assess its market position relative to industry peers.
Recent Federal Contracts
Envision Industries, Inc. has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOJ awards $297K for trash bags, raising questions about value and competitio... | Department of Justice | $29.7K | N/A |