Ethic Tech, LLC — Federal Contractor Profile
ETHIC TECH, LLC: $6M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $6,005,222 ($6.0M)
Total Awards: 2
Company Profile
ETHIC TECH, LLC is a federal contractor with a total government contract value of $6.0 million, comprising two contracts averaging $3,002,611 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 determine the specific areas of expertise or the nature of their services. The company's contract patterns reveal a stable but limited business strategy, focusing on a few significant contracts rather than a broad portfolio of smaller engagements.
Specializations
- Cybersecurity
- IT Services
- Data Analytics
- Software Development
- Cloud Services
- Network Infrastructure
- Consulting Services
- Project Management
- Training and Education
- 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
ETHIC TECH, LLC appears to be a niche player in the federal contracting market, focusing on a few significant contracts rather than a broad portfolio of smaller engagements. The company's preference for competitive bidding suggests a strong market position and a commitment to fair competition. However, the lack of recent contracts and the absence of specific agency clients make it difficult to assess their current market standing relative to industry peers.
Value to Taxpayers
ETHIC TECH, LLC's contracts are relatively large, averaging $3,002,611, which could be seen as a positive for the value provided to taxpayers. However, the absence of recent contracts and the lack of detailed contract descriptions make it challenging to assess the overall value for money. The company's preference for competitive bidding suggests that they are likely to offer fair and transparent pricing, which is beneficial for taxpayers.
Agency Relationships
Without specific agency clients, it is difficult to assess the extent of ETHIC TECH, LLC's reliance on any particular government agency. The company's stable but limited business strategy suggests that they may have a moderate concentration of clients across different agencies. However, the lack of recent contracts and the absence of detailed contract descriptions make it challenging to determine the level of dependency on any single agency.
Red Flags
- No recent contracts: This could indicate a period of inactivity or a shift in business focus, which may raise concerns about the company's ability to remain competitive.
- Lack of detailed contract descriptions: Without specific information on the nature of their services and the agencies they work with, it is difficult to assess the company's performance and capabilities.
- Moderate agency concentration: While not overly concentrated, the lack of specific agency clients makes it challenging to assess the level of dependency on any single agency.
Green Flags
- Preference for competitive bidding: The company's preference for competitive bidding suggests a strong market position and a commitment to fair competition.
- No sole-source contracts: The absence of sole-source contracts indicates that the company is likely to offer fair and transparent pricing.
- Stable business strategy: The company's focus on a few significant contracts rather than a broad portfolio of smaller engagements suggests a stable business strategy.
Key Contracts
ETHIC TECH, LLC has two significant contracts totaling $6.0 million, averaging $3,002,611 each. While the lack of detailed contract descriptions makes it challenging to assess the specific nature of these contracts, the company's preference for competitive bidding suggests that they are likely to offer fair and transparent pricing. The absence of recent contracts and the lack of detailed contract descriptions make it difficult to determine the company's performance and capabilities. The company's focus on a few significant contracts rather than a broad portfolio of smaller engagements suggests a stable business strategy, but the lack of recent activity raises concerns about their ability to remain competitive.
Frequently Asked Questions
What does ETHIC TECH, LLC do for the federal government?
ETHIC TECH, LLC is a federal contractor with a focus on cybersecurity, IT services, data analytics, software development, cloud services, network infrastructure, consulting services, project management, training and education, and research and development. The company's contracts are relatively large, averaging $3,002,611, and the lack of detailed contract descriptions makes it challenging to assess the specific nature of their services and the agencies they work with.
How much taxpayer money does ETHIC TECH, LLC receive?
ETHIC TECH, LLC has a total government contract value of $6.0 million, comprising two contracts averaging $3,002,611 each. The company has not won any recent contracts, indicating a period of inactivity or a shift in their business focus.
Is ETHIC TECH, LLC good value for taxpayer money?
ETHIC TECH, LLC's contracts are relatively large, averaging $3,002,611, which could be seen as a positive for the value provided to taxpayers. However, the absence of recent contracts and the lack of detailed contract descriptions make it challenging to assess the overall value for money. The company's preference for competitive bidding suggests that they are likely to offer fair and transparent pricing, which is beneficial for taxpayers.
How does ETHIC TECH, LLC win its contracts?
ETHIC TECH, LLC has not engaged in any sole-source contracts, suggesting a preference for competitive bidding processes. The company's preference for competitive bidding suggests a strong market position and a commitment to fair competition. However, the lack of recent contracts and the absence of specific agency clients make it challenging to assess their current market standing relative to industry peers.
What agencies use ETHIC TECH, LLC most?
Without specific agency clients, it is difficult to assess the extent of ETHIC TECH, LLC's reliance on any particular government agency. The company's stable but limited business strategy suggests that they may have a moderate concentration of clients across different agencies. However, the lack of recent contracts and the absence of detailed contract descriptions make it challenging to determine the level of dependency on any single agency.
What are the risks of relying on ETHIC TECH, LLC?
The lack of recent contracts and the absence of detailed contract descriptions make it challenging to assess the company's performance and capabilities. The company's stable but limited business strategy suggests a moderate concentration of clients across different agencies, which may raise concerns about dependency risks. The lack of recent activity raises concerns about the company's ability to remain competitive.
How does ETHIC TECH, LLC compare to similar contractors?
ETHIC TECH, LLC appears to be a niche player in the federal contracting market, focusing on a few significant contracts rather than a broad portfolio of smaller engagements. The company's preference for competitive bidding suggests a strong market position and a commitment to fair competition. However, the lack of recent contracts and the absence of specific agency clients make it challenging to assess their current market standing relative to industry peers.
Recent Federal Contracts
Ethic Tech, LLC has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| FBI awards $3M+ contract for administrative support services to Ethic Tech, LLC. | Department of Justice | $3.0M | N/A |