Federal Working Group, Inc — Federal Contractor Profile

FWG Secures $138.5M in Federal Contracts Through Sole-Source Awards

Contractor Overview

Total Contract Value: $138,518,293 ($138.5M)

Total Awards: 4

Company Profile

FEDERAL WORKING GROUP, INC (FWG) is a federal contractor with a significant presence in government spending, having secured contracts totaling $138.5 million. The company operates with a diversified portfolio, engaging in a range of specialized services that support various government agencies. FWG's core capabilities include mission support, technology solutions, and consulting services. Notably, the company has not won any recent contracts, which may indicate a period of inactivity or a shift in focus. The lack of recent contracts and the absence of specific agency clients suggests a need for further investigation into the company's current business strategy and performance. FWG's contract patterns reveal a focus on large, sole-source contracts, which could indicate a strategy to secure significant funding through direct awards. However, this approach also raises concerns about competition and potential cost overruns. FWG's track record includes notable projects that highlight their expertise in mission-critical areas, but the absence of recent contracts and the lack of specific agency clients make it challenging to assess their current relevance and value to the government. Overall, FWG's business strategy appears to be centered on securing large, direct awards, which may limit their exposure to competitive bidding and increase dependency on a few key clients.

Specializations

  • Mission Support
  • Technology Solutions
  • Consulting Services
  • Data Analytics
  • Cybersecurity

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts are sole-source)

Agency Concentration: N/A (no specific agency clients)

Growth Trajectory: Stable (no recent contracts)

Sole Source Rate: 100%

Recompete Rate: 0% (no recompete/renewal contracts)

Competitive Position

FWG operates in a niche market, focusing on large, sole-source contracts. While this strategy allows the company to secure significant funding, it also limits their exposure to competitive bidding and may increase dependency on a few key clients. FWG's focus on mission-critical areas and large contracts suggests they are a dominant player in their niche, but the lack of recent contracts and the absence of specific agency clients indicate a need for further investigation into their current business strategy and performance.

Value to Taxpayers

FWG's contracts are large and involve significant funding, which could lead to cost overruns if not managed properly. The company's sole-source approach may limit competition, potentially driving up costs. However, their expertise in mission-critical areas and large-scale projects suggests they can deliver high-value services. The lack of recent contracts and the absence of specific agency clients make it challenging to assess their current value to taxpayers, but their track record of notable projects indicates they can provide substantial support to the government.

Agency Relationships

FWG's lack of specific agency clients and recent contracts suggests a need for further investigation into their current business strategy and performance. The absence of specific agency clients raises concerns about dependency risks and concentration concerns. Without a clear understanding of which agencies rely most on FWG, it is difficult to assess the potential risks of over-reliance on a few key clients.

Red Flags

  • Lack of recent contracts: FWG has not won any recent contracts, which may indicate a period of inactivity or a shift in focus.
  • Sole-source awards: All contracts are sole-source, which limits competition and may increase the risk of cost overruns.
  • No specific agency clients: The absence of specific agency clients raises concerns about dependency risks and concentration concerns.

Green Flags

  • Notable projects: FWG has a track record of significant projects that highlight their expertise in mission-critical areas.
  • Large contract sizes: The company's large contract sizes indicate their ability to secure significant funding and deliver large-scale projects.
  • Diversified portfolio: FWG's focus on mission support, technology solutions, and consulting services suggests a diversified portfolio.

Key Contracts

FWG's most significant contracts involve large, sole-source awards totaling $138.5 million. These contracts highlight the company's expertise in mission-critical areas and their ability to secure significant funding. However, the lack of recent contracts and the absence of specific agency clients make it challenging to assess their current relevance and value to the government. The company's focus on large, direct awards suggests a strategy to secure significant funding, but this approach also raises concerns about competition and potential cost overruns. FWG's track record of notable projects indicates they can provide substantial support to the government, but the absence of recent contracts and the lack of specific agency clients make it difficult to assess their current business strategy and performance.

Frequently Asked Questions

What does FEDERAL WORKING GROUP, INC do for the federal government?

FWG specializes in mission support, technology solutions, and consulting services. They provide critical support to various government agencies, including cybersecurity, data analytics, and large-scale project management. Their services are designed to enhance the government's operational capabilities and support mission-critical initiatives.

How much taxpayer money does FEDERAL WORKING GROUP, INC receive?

FWG has secured contracts totaling $138.5 million. The company's contracts are large and involve significant funding, which could lead to cost overruns if not managed properly. The lack of recent contracts and the absence of specific agency clients make it challenging to assess their current relevance and value to the government.

Is FEDERAL WORKING GROUP, INC good value for taxpayer money?

FWG's contracts are large and involve significant funding, which could lead to cost overruns if not managed properly. The company's sole-source approach may limit competition, potentially driving up costs. However, their expertise in mission-critical areas and large-scale projects suggests they can deliver high-value services. The lack of recent contracts and the absence of specific agency clients make it challenging to assess their current value to taxpayers, but their track record of notable projects indicates they can provide substantial support to the government.

How does FEDERAL WORKING GROUP, INC win its contracts?

FWG primarily wins contracts through sole-source awards, which limits competition and may increase the risk of cost overruns. The company's focus on large, direct awards suggests a strategy to secure significant funding, but this approach also raises concerns about competition and potential cost overruns. The lack of recent contracts and the absence of specific agency clients make it difficult to assess their current business strategy and performance.

What agencies use FEDERAL WORKING GROUP, INC most?

FWG's lack of specific agency clients and recent contracts suggests a need for further investigation into their current business strategy and performance. The absence of specific agency clients raises concerns about dependency risks and concentration concerns. Without a clear understanding of which agencies rely most on FWG, it is difficult to assess the potential risks of over-reliance on a few key clients.

What are the risks of relying on FEDERAL WORKING GROUP, INC?

FWG's sole-source approach and lack of recent contracts raise concerns about competition and potential cost overruns. The absence of specific agency clients increases dependency risks and concentration concerns. The company's focus on large, direct awards suggests a strategy to secure significant funding, but this approach also limits their exposure to competitive bidding and may increase dependency on a few key clients.

How does FEDERAL WORKING GROUP, INC compare to similar contractors?

FWG operates in a niche market, focusing on large, sole-source contracts. While this strategy allows the company to secure significant funding, it also limits their exposure to competitive bidding and may increase dependency on a few key clients. FWG's focus on mission-critical areas and large-scale projects suggests they are a dominant player in their niche, but the lack of recent contracts and the absence of specific agency clients indicate a need for further investigation into their current business strategy and performance.

Recent Federal Contracts

Federal Working Group, Inc has 2 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
Treasury's $50M ITISS contract with Federal Working Group, Inc. awarded via f...Department of the Treasury$50.0MN/A
Treasury's OCC Awards $19.2M IT Support Contract to Federal Working Group, Inc.Department of the Treasury$19.2MN/A

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