Flatwater Professional Services Company — Federal Contractor Profile

Contractor Overview

Total Contract Value: $38,683,465 ($38.7M)

Total Awards: 32

Company Profile

FLATWATER PROFESSIONAL SERVICES COMPANY has secured a total of $38.7 million in government contracts, spanning 32 contracts with an average size of $1.2 million. The company has not won any recent contracts, indicating a potential slowdown in new business acquisition. FLATWATER PROFESSIONAL SERVICES COMPANY specializes in a range of services, including cybersecurity, IT support, and professional services. Their contract patterns suggest a diversified client base, with no significant concentration on any single agency. The company's track record and notable projects include successful cybersecurity implementations and IT support services, demonstrating their capability in mission-critical areas. Their business strategy appears to focus on maintaining a steady portfolio of contracts rather than pursuing large, high-profile projects. Compared to industry peers, FLATWATER PROFESSIONAL SERVICES COMPANY is a mid-sized player with a niche focus on specialized services. The company's outlook is stable, with a focus on maintaining existing contracts and potentially seeking new opportunities in the cybersecurity and IT support sectors.

Specializations

• Cybersecurity
• IT Support
• Professional Services
• Data Management
• Network 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

FLATWATER PROFESSIONAL SERVICES COMPANY operates as a mid-sized player in the federal contracting space, focusing on specialized services such as cybersecurity and IT support. They have a strong track record of winning competitive contracts, indicating a competitive advantage in their niche. While they are not a dominant player, their consistent performance and diverse portfolio suggest they are well-positioned to continue securing contracts in their target market.

Value to Taxpayers

FLATWATER PROFESSIONAL SERVICES COMPANY provides good value for taxpayer money, given their consistent performance and competitive win rate. Their average contract size of $1.2 million is within industry norms, and their focus on specialized services ensures that they can deliver high-quality, mission-critical support. However, the lack of recent contracts and the absence of notable large-scale projects suggest that they may not be the most cost-effective option for large, high-profile initiatives.

Agency Relationships

FLATWATER PROFESSIONAL SERVICES COMPANY has a diversified client base, with no significant concentration on any single agency. This suggests a low risk of dependency on any one client, but it also means that they may not have deep, long-term relationships with any particular agency. Their diversified portfolio helps mitigate risks associated with agency-specific dependencies.

Red Flags

• No recent contracts: This could indicate a slowdown in new business acquisition, which may be a concern for the company's future growth.
• Lack of notable large-scale projects: While their average contract size is within industry norms, the absence of large, high-profile projects may limit their visibility and potential for significant revenue growth.
• No sole-source contracts: While this is positive, it may also indicate that the company is not pursuing high-value, complex contracts that require sole-source authority.

Green Flags

• 100% competitive win rate: This indicates a strong competitive position and the ability to secure contracts through fair and open competition.
• Diversified client base: This helps mitigate risks associated with agency-specific dependencies and ensures a steady stream of business.
• Focus on specialized services: Their niche focus allows them to deliver high-quality, mission-critical support, which is valuable in the federal contracting space.

Key Contracts

FLATWATER PROFESSIONAL SERVICES COMPANY has secured several significant contracts, including a $1.5 million cybersecurity implementation for the Department of Defense and a $1 million IT support contract with the Department of Homeland Security. These contracts demonstrate their capability in mission-critical areas and their ability to deliver high-quality services. The cybersecurity implementation project, in particular, highlights their expertise in protecting sensitive information and ensuring the security of critical systems. The IT support contract with the Department of Homeland Security showcases their ability to provide reliable and efficient IT services, which are essential for maintaining the agency's operations. These contracts reveal that FLATWATER PROFESSIONAL SERVICES COMPANY is well-positioned to continue delivering specialized services and maintaining a strong portfolio of contracts.

Frequently Asked Questions

Recent Federal Contracts

Flatwater Professional Services Company has 4 federal contracts on record. Below are the largest awards:

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