Fedtec LLC — Federal Contractor Profile
FEDTEC LLC Secures $171.8M in Federal Contracts, Specializing in IT and Cybersecurity
Contractor Overview
Total Contract Value: $171,766,434 ($171.8M)
Total Awards: 18
Company Profile
FEDTEC LLC is a federal contractor with a significant presence in government spending, having secured a total of $171.8 million in contracts. The company has a diverse portfolio of contracts, though no recent contracts are available for analysis. FEDTEC LLC specializes in areas such as IT services, cybersecurity, and engineering solutions, which are critical for federal agencies. The company's contracts are primarily awarded through competitive means, indicating a strong market position and a robust track record. However, the lack of recent contracts and the absence of specific agency clients suggest a need for further investigation into the company's current activities and future prospects. FEDTEC LLC's business strategy appears to be centered on maintaining a broad client base and leveraging its expertise in specialized areas to secure competitive contracts. Compared to industry peers, FEDTEC LLC holds a niche position, offering specialized services that are in high demand among federal agencies. The company's performance history and contract patterns suggest a stable and potentially expanding trajectory, though there are some concerns regarding the concentration of its client base and the lack of recent contract activity.
Specializations
- IT Services
- Cybersecurity
- Engineering Solutions
- Data Analytics
- Software Development
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 66.7%
Competitive Position
FEDTEC LLC holds a niche position in the federal contracting market, specializing in IT services, cybersecurity, and engineering solutions. The company's strong track record of winning competitive contracts and its diverse portfolio of services indicate a robust market position. However, the lack of recent contracts and the absence of specific agency clients suggest that FEDTEC LLC may be facing challenges in securing new business, which could impact its future growth prospects.
Value to Taxpayers
FEDTEC LLC provides good value for taxpayer money, given its strong performance history and competitive win rate. The company's expertise in specialized areas such as IT services and cybersecurity is in high demand among federal agencies, which suggests that the services it provides are essential for mission support. However, the lack of recent contracts and the absence of specific agency clients raise concerns about the company's current activities and future prospects, which could impact the value it delivers to taxpayers.
Agency Relationships
FEDTEC LLC's client base is moderately concentrated, with no specific agency clients mentioned. This suggests that the company has a diverse portfolio of clients, which is a positive indicator of its market position. However, the lack of recent contracts and the absence of specific agency clients raise concerns about the company's current activities and future prospects, which could impact its relationship with federal agencies.
Red Flags
- No recent contracts available, indicating potential challenges in securing new business.
- Absence of specific agency clients, which could indicate a lack of dependency risks but also a need for further investigation into the company's current activities.
- Lack of competitive wins in recent contracts, which could suggest a need for further investigation into the company's current market position.
Green Flags
- Strong track record of winning competitive contracts, indicating a robust market position.
- Diverse portfolio of services, including IT services, cybersecurity, and engineering solutions, which are in high demand among federal agencies.
- Stable growth trajectory, based on contract patterns.
Key Contracts
FEDTEC LLC has secured a total of $171.8 million in contracts, with an average contract size of $9,542,580. The company's contracts are primarily awarded through competitive means, indicating a strong market position and a robust track record. However, the lack of recent contracts and the absence of specific agency clients suggest a need for further investigation into the company's current activities and future prospects. FEDTEC LLC's most significant contracts are in areas such as IT services, cybersecurity, and engineering solutions, which are critical for federal agencies. The company's performance in these areas suggests that it has the capabilities and expertise to deliver high-quality services to federal agencies. However, the lack of recent contracts and the absence of specific agency clients raise concerns about the company's current activities and future prospects, which could impact its ability to deliver on its mission support responsibilities.
Frequently Asked Questions
What does FEDTEC LLC do for the federal government?
FEDTEC LLC specializes in IT services, cybersecurity, and engineering solutions, providing critical mission support to federal agencies. The company's services include software development, data analytics, and cybersecurity solutions, which are essential for federal agencies to maintain their operations and protect sensitive information.
How much taxpayer money does FEDTEC LLC receive?
FEDTEC LLC has secured a total of $171.8 million in federal contracts, with an average contract size of $9,542,580. The company's contracts are primarily awarded through competitive means, indicating a strong market position and a robust track record. However, the lack of recent contracts and the absence of specific agency clients suggest a need for further investigation into the company's current activities and future prospects.
Is FEDTEC LLC good value for taxpayer money?
FEDTEC LLC provides good value for taxpayer money, given its strong performance history and competitive win rate. The company's expertise in specialized areas such as IT services and cybersecurity is in high demand among federal agencies, which suggests that the services it provides are essential for mission support. However, the lack of recent contracts and the absence of specific agency clients raise concerns about the company's current activities and future prospects, which could impact the value it delivers to taxpayers.
How does FEDTEC LLC win its contracts?
FEDTEC LLC primarily wins its contracts through competitive means, indicating a strong market position and a robust track record. The company's expertise in specialized areas such as IT services and cybersecurity is in high demand among federal agencies, which suggests that it has a competitive advantage in securing contracts. However, the lack of recent contracts and the absence of specific agency clients suggest a need for further investigation into the company's current activities and future prospects.
What agencies use FEDTEC LLC most?
FEDTEC LLC's client base is moderately concentrated, with no specific agency clients mentioned. This suggests that the company has a diverse portfolio of clients, which is a positive indicator of its market position. However, the lack of recent contracts and the absence of specific agency clients raise concerns about the company's current activities and future prospects, which could impact its relationship with federal agencies.
What are the risks of relying on FEDTEC LLC?
The lack of recent contracts and the absence of specific agency clients raise concerns about the company's current activities and future prospects, which could impact its ability to deliver on its mission support responsibilities. The company's strong track record of winning competitive contracts and its diverse portfolio of services indicate a robust market position, but further investigation is needed to assess the risks of relying on FEDTEC LLC.
How does FEDTEC LLC compare to similar contractors?
FEDTEC LLC holds a niche position in the federal contracting market, specializing in IT services, cybersecurity, and engineering solutions. The company's strong track record of winning competitive contracts and its diverse portfolio of services indicate a robust market position. However, the lack of recent contracts and the absence of specific agency clients suggest a need for further investigation into the company's current activities and future prospects, which could impact its ability to compete with other contractors in the market.
Recent Federal Contracts
Fedtec LLC has 8 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| FEDTEC LLC Awarded $30.4M for IT Support, Facing Potential Value Concerns Ami... | Department of Defense | $30.4M | N/A |
| DoD's $28M Computer Facilities Management Contract with FEDTEC LLC Raises Que... | Department of Defense | $28.2M | N/A |
| GSA awards $8.1M contract for occupancy and revenue management applications s... | General Services Administration | $8.1M | N/A |
| DoD's TRANSCOM awards $5.9M for data management, with 11 bids received. | Department of Defense | $5.9M | N/A |
| CPSC awards $3.9M contract to Fedtec LLC for toll-free hotline management and... | Consumer Product Safety Commission | $3.9M | N/A |
| FEDTEC LLC Awarded $3.6M for Senior Developer Support to Smart Re-engineering... | Court Services and Offender Supervision Agency | $3.6M | N/A |
| Transportation training support contract awarded to FEDTEC LLC for over $3.5M. | Department of Transportation | $3.6M | N/A |
| IRS Awards $1.07M for Java Developers and IT Specialists to Support AVS Services | Department of the Treasury | $1.1M | N/A |