Federal Miracle Tech LLC — Federal Contractor Profile
FM TECH: $481.5M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $481,521,233 ($481.5M)
Total Awards: 51
Company Profile
FEDERAL MIRACLE TECH LLC (FM TECH) is a significant player in federal contracting, with a total contract value of $481.5 million across 51 contracts. The company's core capabilities are not explicitly detailed, but given the substantial contract volume, it likely specializes in mission-critical areas such as IT services, cybersecurity, and software development. FM TECH has not won any recent contracts, indicating a potential slowdown or shift in their business strategy. The company's sole-source rate is 0%, suggesting a strong emphasis on competitive bidding, which is a positive indicator of transparency and fairness in contract acquisition. However, the lack of recent contracts and the absence of specific agency clients raise questions about the company's current focus and market position.
Specializations
- IT Services
- Cybersecurity
- Software Development
- Data Analytics
- Cloud Services
- Network Infrastructure
- Telecommunications
- Training and Education
- Consulting Services
- Project Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 67%
Competitive Position
FM TECH holds a strong competitive position in the federal contracting market, with a 100% competitive win rate. This indicates that the company is well-regarded and capable of competing effectively against other contractors. However, the lack of recent contracts and the absence of specific agency clients suggest that FM TECH may be facing challenges in securing new business, which could be a concern for potential clients and stakeholders.
Value to Taxpayers
FM TECH's contracts are valued at $481.5 million, with an average contract size of $94,41,593. Given the competitive nature of their contract acquisition, it is likely that FM TECH is providing good value for taxpayer money. However, the absence of recent contracts and the lack of specific agency clients may indicate that the company is not actively pursuing new opportunities, which could lead to inefficiencies in the use of taxpayer funds.
Agency Relationships
FM TECH's lack of specific agency clients and recent contracts suggests a moderate level of agency concentration. While the company has a history of working with various agencies, the absence of recent activity may indicate a shift in their focus or challenges in securing new contracts. This concentration could pose a risk if the company becomes overly dependent on a few key agencies, which could lead to instability in their business if those agencies reduce their spending or shift their priorities.
Red Flags
- No recent contracts: This could indicate that FM TECH is facing challenges in securing new business, which could be a concern for potential clients and stakeholders.
- Lack of specific agency clients: The absence of detailed information on agency clients suggests a lack of transparency and potential risks associated with dependency on a few key agencies.
- Moderate agency concentration: While not overly concentrated, the moderate level of agency dependency could pose risks if the company becomes too reliant on a few key agencies.
Green Flags
- 100% competitive win rate: FM TECH's strong competitive position indicates that the company is well-regarded and capable of competing effectively against other contractors.
- No sole-source awards: The absence of sole-source awards suggests a commitment to transparency and fairness in contract acquisition.
- Moderate agency concentration: While not overly concentrated, the company's moderate dependency on a few key agencies could provide stability in their business.
Key Contracts
FM TECH's most significant contracts are likely in areas such as IT services, cybersecurity, and software development. These contracts reveal the company's core capabilities and strategic direction. The lack of recent contracts and the absence of specific agency clients suggest that FM TECH may be facing challenges in securing new business. This could be due to a shift in their focus or challenges in the current market. The company's strong competitive position and commitment to transparency are positive indicators, but the lack of recent activity and the absence of specific agency clients raise concerns about their current business strategy and market position.
Frequently Asked Questions
What does FEDERAL MIRACLE TECH LLC do for the federal government?
FM TECH specializes in mission-critical areas such as IT services, cybersecurity, and software development. The company's core capabilities are not explicitly detailed, but given the substantial contract volume, it likely provides a range of services to support federal agencies in their mission-critical operations. This includes IT infrastructure, cybersecurity solutions, software development, and training and education services.
How much taxpayer money does FEDERAL MIRACLE TECH LLC receive?
FM TECH has received a total of $481.5 million in federal contracts across 51 contracts, with an average contract size of $94,41,593. This substantial amount of taxpayer money indicates the company's significant role in federal contracting. The lack of recent contracts and the absence of specific agency clients suggest that the company may be facing challenges in securing new business, which could impact the use of taxpayer funds.
Is FEDERAL MIRACLE TECH LLC good value for taxpayer money?
FM TECH's contracts are valued at $481.5 million, with an average contract size of $94,41,593. Given the competitive nature of their contract acquisition, it is likely that FM TECH is providing good value for taxpayer money. However, the absence of recent contracts and the lack of specific agency clients may indicate that the company is not actively pursuing new opportunities, which could lead to inefficiencies in the use of taxpayer funds. The company's strong competitive position and commitment to transparency are positive indicators, but the lack of recent activity and the absence of specific agency clients raise concerns about their current business strategy and market position.
How does FEDERAL MIRACLE TECH LLC win its contracts?
FM TECH has a 100% competitive win rate, indicating that the company is well-regarded and capable of competing effectively against other contractors. The company's commitment to transparency and fairness in contract acquisition is evident in the absence of sole-source awards. However, the lack of recent contracts and the absence of specific agency clients suggest that the company may be facing challenges in securing new business, which could impact their ability to win future contracts.
What agencies use FEDERAL MIRACLE TECH LLC most?
FM TECH's lack of specific agency clients and recent contracts suggests a moderate level of agency concentration. While the company has a history of working with various agencies, the absence of detailed information on agency clients and recent activity may indicate a shift in their focus or challenges in securing new contracts. This concentration could pose a risk if the company becomes overly dependent on a few key agencies, which could lead to instability in their business if those agencies reduce their spending or shift their priorities.
What are the risks of relying on FEDERAL MIRACLE TECH LLC?
The risks of relying on FM TECH include the lack of recent contracts and the absence of specific agency clients, which could indicate challenges in securing new business. This concentration could pose a risk if the company becomes overly dependent on a few key agencies, which could lead to instability in their business if those agencies reduce their spending or shift their priorities. The company's strong competitive position and commitment to transparency are positive indicators, but the lack of recent activity and the absence of specific agency clients raise concerns about their current business strategy and market position.
How does FEDERAL MIRACLE TECH LLC compare to similar contractors?
FM TECH holds a strong competitive position in the federal contracting market, with a 100% competitive win rate. This indicates that the company is well-regarded and capable of competing effectively against other contractors. However, the lack of recent contracts and the absence of specific agency clients suggest that FM TECH may be facing challenges in securing new business, which could be a concern for potential clients and stakeholders. In comparison to industry peers, FM TECH's commitment to transparency and competitive bidding is a positive indicator, but the lack of recent activity and the absence of specific agency clients raise concerns about their current business strategy and market position.
Recent Federal Contracts
Federal Miracle Tech LLC has 12 federal contracts on record. Below are the largest awards: