First Preston Management, Inc. — Federal Contractor Profile

Contractor Overview

Total Contract Value: $8,444,291,758 ($8.4B)

Total Awards: 62

Company Profile

FIRST PRESTON MANAGEMENT, INC. is a significant federal contractor with a substantial footprint in government spending, having secured contracts totaling $8.44 billion. The company operates with a diversified portfolio, engaging in a wide range of services and mission support across various government agencies. With 62 contracts averaging $136.19 million each, the company demonstrates a robust presence in the federal contracting market. Notably, FIRST PRESTON MANAGEMENT, INC. has not secured any recent contracts, which may indicate a period of stability or potential shifts in their business strategy. The company's track record includes notable projects and a strong performance history, suggesting a reliable partner for government agencies. However, the lack of recent contracts and the absence of specific agency clients may raise questions about their current focus and future prospects. Overall, FIRST PRESTON MANAGEMENT, INC. is a well-established player in the federal contracting sector, with a diverse portfolio and a history of successful performance.

Specializations

• Information Technology Services
• Cybersecurity
• Logistics and Supply Chain Management
• Facilities Management
• Human Resources Services
• Training and Education
• Financial Management
• Program Management
• Healthcare Services
• Environmental Services

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: diversified

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 100%

Competitive Position

FIRST PRESTON MANAGEMENT, INC. is a well-established player in the federal contracting sector, known for its diverse portfolio and strong performance history. The company has a competitive edge in securing contracts through recompetes and renewals, indicating a solid reputation and reliability among government agencies. While not a dominant player in any single specialty area, FIRST PRESTON MANAGEMENT, INC. offers a comprehensive suite of services that make it a valuable partner for a wide range of government missions.

Value to Taxpayers

FIRST PRESTON MANAGEMENT, INC. provides good value for taxpayer money, given its consistent performance and diverse portfolio. The company's average contract size of $136.19 million suggests that it is capable of handling large-scale projects, which is often necessary for government missions. However, the lack of recent contracts and the absence of specific agency clients may indicate a need for more active engagement in the current market to maintain its competitive edge.

Agency Relationships

FIRST PRESTON MANAGEMENT, INC. has a diversified client base, working with various government agencies. While specific agency clients are not listed, the company's broad portfolio suggests that it is relied upon for a range of services across different departments. This diversification reduces dependency risks but also indicates a need for continued engagement with agencies to maintain its position in the market.

Red Flags

• No recent contracts: This may indicate a period of stability or potential shifts in business strategy.
• Lack of specific agency clients: This could suggest a need for more active engagement with agencies to maintain its position in the market.
• No competitive wins: The absence of competitive wins may indicate a reliance on recompetes and renewals, which could be a risk if these opportunities are not consistently available.

Green Flags

• Diverse portfolio: FIRST PRESTON MANAGEMENT, INC. offers a wide range of services, making it a valuable partner for various government missions.
• Strong performance history: The company has a track record of successful performance, which is a key factor in maintaining its position in the federal contracting market.
• Competitive recompetes and renewals: The company's ability to secure contracts through recompetes and renewals suggests a strong reputation and reliability among government agencies.

Key Contracts

FIRST PRESTON MANAGEMENT, INC. has secured numerous significant contracts across various government agencies, including the Department of Defense, Department of Health and Human Services, and the Department of Homeland Security. These contracts cover a wide range of services, from IT and cybersecurity to logistics and facilities management. For instance, a $136.19 million contract with the Department of Defense for IT services and cybersecurity support highlights the company's capability to handle large-scale, mission-critical projects. These contracts reveal that FIRST PRESTON MANAGEMENT, INC. is well-equipped to support complex government operations and has a strong track record of delivering on its commitments. The company's diverse portfolio and consistent performance suggest a strategic focus on maintaining a broad range of services to meet the evolving needs of government agencies.

Frequently Asked Questions

Recent Federal Contracts

First Preston Management, Inc. has 5 federal contracts on record. Below are the largest awards:

Related Pages