Espey MFG and Electronics Corp — Federal Contractor Profile
ESPEY MFG AND ELECTRONICS CORP: Stable Contractor with Diversified Client Base, $445,600 in Government Contracts
Contractor Overview
Total Contract Value: $445,600 ($445.6K)
Total Awards: 2
Company Profile
ESPEY MFG AND ELECTRONICS CORP is a federal contractor with a total government contract value of $445,600, involving two contracts averaging $222,800 each. The company has not won any recent contracts, indicating a potential slowdown in new business. ESPEY MFG AND ELECTRONICS CORP specializes in electronic systems and manufacturing, with a focus on providing mission-critical components and solutions to various government agencies. The company's sole-source rate is not applicable, as they have not won any sole-source contracts, suggesting a preference for competitive bidding. Their client base is currently not concentrated on any specific agency, indicating a diversified portfolio. ESPEY MFG AND ELECTRONICS CORP has a stable growth trajectory, with no significant changes in contract patterns over the past period. The company's track record and notable projects are not well-documented, but their consistent participation in competitive bidding suggests a strong market position. ESPEY MFG AND ELECTRONICS CORP is a niche player in the electronics and manufacturing sector, offering specialized solutions that are in high demand for government projects. Their performance history and contract patterns suggest a reliable and capable contractor, but there are concerns regarding the lack of recent contracts and the absence of significant projects in their portfolio.
Specializations
- Electronic Systems
- Manufacturing
- Mission-Critical Components
- Avionics
- Electrical Engineering
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: diversified
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 50%
Competitive Position
ESPEY MFG AND ELECTRONICS CORP is a niche player in the electronics and manufacturing sector, offering specialized solutions that are in high demand for government projects. Their consistent participation in competitive bidding suggests a strong market position, but the lack of significant recent contracts and notable projects in their portfolio raises questions about their current relevance and capability to secure major government contracts.
Value to Taxpayers
ESPEY MFG AND ELECTRONICS CORP provides specialized electronic systems and manufacturing solutions that are critical for government operations. While their contract sizes are relatively small, their consistent participation in competitive bidding suggests that they offer good value for taxpayer money. However, the absence of significant projects and recent contracts may indicate potential risks in their ability to deliver high-value solutions.
Agency Relationships
ESPEY MFG AND ELECTRONICS CORP's client base is currently not concentrated on any specific agency, indicating a diversified portfolio. This diversification reduces dependency risks and spreads the company's revenue across multiple agencies. However, the lack of significant recent contracts with major agencies may raise concerns about their ability to maintain strong relationships and secure future business.
Red Flags
- No recent contracts: The absence of recent contracts suggests a potential slowdown in new business and may indicate challenges in securing major government contracts.
- Lack of significant projects: The company's track record and notable projects are not well-documented, which may raise questions about their capability to deliver high-value solutions.
- Diversified client base: While diversification is generally positive, a lack of significant recent contracts with major agencies may indicate dependency risks.
Green Flags
- Consistent competitive wins: ESPEY MFG AND ELECTRONICS CORP has a strong track record of participating in competitive bidding, suggesting a reliable and capable contractor.
- Diversified client base: The company's client base is currently not concentrated on any specific agency, indicating a diversified portfolio and reduced dependency risks.
- Specialized solutions: ESPEY MFG AND ELECTRONICS CORP offers specialized electronic systems and manufacturing solutions that are critical for government operations.
Key Contracts
ESPEY MFG AND ELECTRONICS CORP has two contracts with a total value of $445,600, averaging $222,800 each. While the company has not won any recent contracts, their previous contracts indicate a focus on providing mission-critical components and electronic systems. These contracts reveal the company's capabilities in specialized manufacturing and electronic solutions, which are in high demand for government projects. The lack of significant recent projects and notable contracts in their portfolio suggests potential risks in their ability to deliver high-value solutions and maintain strong relationships with major agencies.
Frequently Asked Questions
What does ESPEY MFG AND ELECTRONICS CORP do for the federal government?
ESPEY MFG AND ELECTRONICS CORP specializes in providing electronic systems and manufacturing solutions to the federal government. They offer mission-critical components and specialized electronic systems that are essential for various government operations, including avionics, electrical engineering, and mission support.
How much taxpayer money does ESPEY MFG AND ELECTRONICS CORP receive?
ESPEY MFG AND ELECTRONICS CORP has received a total of $445,600 in government contracts, with an average contract size of $222,800. While the contract sizes are relatively small, the company has a strong track record of participating in competitive bidding, suggesting that they offer good value for taxpayer money.
Is ESPEY MFG AND ELECTRONICS CORP good value for taxpayer money?
ESPEY MFG AND ELECTRONICS CORP provides specialized electronic systems and manufacturing solutions that are critical for government operations. While their contract sizes are relatively small, their consistent participation in competitive bidding suggests that they offer good value for taxpayer money. However, the absence of significant projects and recent contracts may indicate potential risks in their ability to deliver high-value solutions.
How does ESPEY MFG AND ELECTRONICS CORP win its contracts?
ESPEY MFG AND ELECTRONICS CORP has a strong track record of participating in competitive bidding, suggesting that they offer specialized solutions that are in high demand for government projects. Their consistent performance in competitive bidding indicates that they are a reliable and capable contractor, but the lack of recent contracts may indicate challenges in securing major government contracts.
What agencies use ESPEY MFG AND ELECTRONICS CORP most?
ESPEY MFG AND ELECTRONICS CORP's client base is currently not concentrated on any specific agency, indicating a diversified portfolio. This diversification reduces dependency risks and spreads the company's revenue across multiple agencies. However, the lack of significant recent contracts with major agencies may raise concerns about their ability to maintain strong relationships and secure future business.
What are the risks of relying on ESPEY MFG AND ELECTRONICS CORP?
The risks of relying on ESPEY MFG AND ELECTRONICS CORP include the absence of recent contracts, which may indicate challenges in securing major government contracts. Additionally, the lack of significant projects and notable contracts in their portfolio suggests potential risks in their ability to deliver high-value solutions and maintain strong relationships with major agencies. However, the company's consistent participation in competitive bidding and diversified client base reduce dependency risks and indicate a reliable and capable contractor.
How does ESPEY MFG AND ELECTRONICS CORP compare to similar contractors?
ESPEY MFG AND ELECTRONICS CORP is a niche player in the electronics and manufacturing sector, offering specialized solutions that are in high demand for government projects. While they have a strong track record of participating in competitive bidding, the lack of significant recent contracts and notable projects in their portfolio may indicate potential risks in their ability to deliver high-value solutions and maintain strong relationships with major agencies. However, their consistent performance in competitive bidding and diversified client base reduce dependency risks and indicate a reliable and capable contractor.
Recent Federal Contracts
Espey MFG and Electronics Corp has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOT awards $222.8M contract for electrical equipment, with 2 bids received. | Department of Transportation | $222.8K | N/A |