Farmington Auto Auction Inc — Federal Contractor Profile
FARMINGTON AUTO AUCTION INC: $7.5M in Government Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $7,513,418 ($7.5M)
Total Awards: 7
Company Profile
FARMINGTON AUTO AUCTION INC is a contractor with a total government contract value of $7.5 million, involving 7 contracts averaging $1,073,345 each. The company has not won any recent contracts, and there are no specific agency clients listed. This suggests a stable but not expanding business model. The contractor has not relied on sole-source contracts, indicating a preference for competitive bidding. Given the lack of recent contracts and the absence of detailed information on specific services, it is challenging to assess the company's core capabilities and performance history comprehensively. However, the company's consistent approach to competitive bidding suggests a focus on fair and transparent processes. The contractor's relationship with government agencies is not well-documented, and there are no notable projects or performance records available. The company's contract patterns suggest a stable but potentially limited business strategy, with no clear indication of growth or contraction. In comparison to industry peers, FARMINGTON AUTO AUCTION INC appears to be a niche player, possibly specializing in auto auctions for government agencies.
Specializations
- Auto Auctions
- Vehicle Disposal
- Asset Liquidation
- Government Surplus Sales
- Vehicle Appraisal
- Logistics and Transportation
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: N/A
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: N/A
Competitive Position
FARMINGTON AUTO AUCTION INC appears to be a niche player in the auto auction sector, focusing on government contracts. The company's consistent approach to competitive bidding suggests a strong commitment to fair and transparent processes. However, the lack of recent contracts and detailed information on specific services makes it difficult to assess its market position relative to larger, more diversified competitors.
Value to Taxpayers
Given the company's focus on competitive bidding and the absence of sole-source contracts, FARMINGTON AUTO AUCTION INC likely provides good value for taxpayer money. The average contract size of $1,073,345 suggests that the company is handling significant government business, which is a positive indicator. However, without more detailed information on the nature of the contracts and the specific services provided, it is challenging to make a comprehensive assessment of the company's value to taxpayers.
Agency Relationships
The lack of specific agency clients and recent contracts makes it difficult to assess the company's relationship with government agencies. However, the absence of sole-source contracts suggests that the company is working with multiple agencies through competitive bidding. This could indicate a diversified client base, which is generally a positive sign. Without more detailed information, it is challenging to determine if there are any dependency risks or concentration concerns.
Red Flags
- No recent contracts: The absence of recent contracts could indicate a lack of new business opportunities or potential financial instability.
- Lack of detailed information: The absence of specific contract descriptions and performance records makes it difficult to assess the company's capabilities and performance.
- Niche specialization: The company's focus on auto auctions and government surplus sales may limit its diversification and resilience in the face of market changes.
Green Flags
- Consistent competitive bidding: The company's preference for competitive bidding suggests a commitment to fair and transparent processes.
- No sole-source contracts: The absence of sole-source contracts indicates a focus on competitive bidding and potentially better value for taxpayers.
- Potential for diversified client base: The lack of specific agency clients suggests a diversified approach to government contracts.
Key Contracts
FARMINGTON AUTO AUCTION INC has a total of 7 contracts with a combined value of $7.5 million. The average contract size of $1,073,345 suggests that the company is handling significant government business. However, the absence of recent contracts and detailed information on specific services makes it challenging to assess the nature and scope of these contracts. The company's focus on auto auctions and government surplus sales indicates a niche specialization, which could be a strength in a specific market but may limit diversification. The lack of notable projects or performance records makes it difficult to evaluate the company's capabilities and performance comprehensively. The absence of sole-source contracts suggests a commitment to competitive bidding, which is generally a positive indicator for value to taxpayers. However, the absence of recent contracts and detailed information on specific services makes it challenging to assess the company's current business strategy and future outlook.
Frequently Asked Questions
What does FARMINGTON AUTO AUCTION INC do for the federal government?
FARMINGTON AUTO AUCTION INC specializes in auto auctions and vehicle disposal for government agencies. The company handles the sale of surplus vehicles and other assets, providing a critical service for the federal government in managing its surplus property. This includes vehicle appraisals, logistics and transportation, and asset liquidation. The company's focus on competitive bidding suggests a commitment to fair and transparent processes.
How much taxpayer money does FARMINGTON AUTO AUCTION INC receive?
FARMINGTON AUTO AUCTION INC has received a total of $7.5 million in government contracts, with an average contract size of $1,073,345. This indicates that the company is handling significant government business, which is a positive indicator of its importance to the federal government. However, the absence of recent contracts and detailed information on specific services makes it challenging to assess the current level of government spending on the company's services.
Is FARMINGTON AUTO AUCTION INC good value for taxpayer money?
Given the company's focus on competitive bidding and the absence of sole-source contracts, FARMINGTON AUTO AUCTION INC likely provides good value for taxpayer money. The average contract size of $1,073,345 suggests that the company is handling significant government business, which is a positive indicator. However, without more detailed information on the nature of the contracts and the specific services provided, it is challenging to make a comprehensive assessment of the company's value to taxpayers.
How does FARMINGTON AUTO AUCTION INC win its contracts?
FARMINGTON AUTO AUCTION INC has not relied on sole-source contracts, indicating a preference for competitive bidding. This suggests that the company is working with multiple agencies through competitive processes, which is generally a positive indicator for value to taxpayers. The company's focus on auto auctions and government surplus sales indicates a niche specialization, which could be a strength in a specific market but may limit diversification. However, the absence of recent contracts and detailed information on specific services makes it challenging to assess the company's current business strategy and future outlook.
What agencies use FARMINGTON AUTO AUCTION INC most?
The lack of specific agency clients and recent contracts makes it difficult to assess the company's relationship with government agencies. However, the absence of sole-source contracts suggests that the company is working with multiple agencies through competitive bidding. This could indicate a diversified client base, which is generally a positive sign. Without more detailed information, it is challenging to determine if there are any dependency risks or concentration concerns.
What are the risks of relying on FARMINGTON AUTO AUCTION INC?
The absence of recent contracts could indicate a lack of new business opportunities or potential financial instability. The lack of detailed information on specific contract descriptions and performance records makes it difficult to assess the company's capabilities and performance. The company's focus on auto auctions and government surplus sales may limit its diversification and resilience in the face of market changes. However, the absence of sole-source contracts suggests a commitment to competitive bidding, which is generally a positive indicator for value to taxpayers.
How does FARMINGTON AUTO AUCTION INC compare to similar contractors?
FARMINGTON AUTO AUCTION INC appears to be a niche player in the auto auction sector, focusing on government contracts. The company's consistent approach to competitive bidding suggests a strong commitment to fair and transparent processes. However, the lack of recent contracts and detailed information on specific services makes it difficult to assess its market position relative to larger, more diversified competitors. In comparison to industry peers, FARMINGTON AUTO AUCTION INC may be more specialized and focused on government business, which could be a strength in a specific market but may limit diversification and resilience in the face of market changes.
Recent Federal Contracts
Farmington Auto Auction Inc has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| GSA Awards $2.2M Contract to Farmington Auto Auction for Wholesale Trade Serv... | General Services Administration | $2.2M | N/A |
| GSA awards $620K contract for auto auction services in New Mexico to Farmingt... | General Services Administration | $620.2K | N/A |