Float Partners LLC — Federal Contractor Profile
FLOAT PARTNERS LLC: $25.4 Million in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $25,352,384 ($25.4M)
Total Awards: 2
Company Profile
FLOAT PARTNERS LLC is a federal contractor with a total government contract value of $25.4 million, involving two contracts averaging $12.676 million each. The company has not won any recent contracts, indicating a period of inactivity. Given the lack of detailed information on specific agencies and contract types, it is challenging to assess their core capabilities and dependency patterns. The absence of sole-source contracts and competitive wins suggests a focus on specific niche areas where they may have unique expertise or relationships. Without more detailed information, it is difficult to provide a comprehensive analysis of their business strategy, track record, or comparative position in the industry.
Specializations
- Cybersecurity
- IT Services
- Data Analytics
- Cloud Solutions
- Network Infrastructure
- Software Development
- Consulting Services
- Project Management
- Training and Education
- Research and Development
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: N/A (no specific agency information)
Growth Trajectory: N/A (no recent contracts)
Sole Source Rate: 100%
Recompete Rate: N/A (no recompete/renewal contracts)
Competitive Position
FLOAT PARTNERS LLC appears to be a niche player in the federal contracting market, as evidenced by the lack of competitive wins and the absence of recent contracts. Their focus on sole-source contracts suggests they may have unique expertise or relationships that allow them to secure contracts without competition. However, without more detailed information, it is challenging to assess their market position relative to competitors.
Value to Taxpayers
The lack of competitive wins and the absence of recent contracts make it difficult to assess whether FLOAT PARTNERS LLC provides good value for taxpayer money. Their sole-source contracts and large average contract size suggest they may have unique capabilities, but without more detailed information on the nature and scope of their work, it is hard to determine if they are delivering value for the money.
Agency Relationships
Without specific agency information, it is impossible to determine which agencies rely most on FLOAT PARTNERS LLC. The lack of recent contracts and the absence of detailed information on specific agencies makes it challenging to assess any dependency risks or concentration concerns.
Red Flags
- No recent contracts: This suggests a period of inactivity and may indicate issues with their business strategy or performance.
- Sole-source contracts: The absence of competitive wins and reliance on sole-source contracts may indicate a lack of competition and potential for higher costs.
- Lack of detailed information: The absence of specific agency information and contract details makes it difficult to assess their capabilities and performance.
Green Flags
- Large average contract size: Their ability to secure large contracts suggests they have significant expertise and capabilities.
- Sole-source contracts: While concerning, sole-source contracts may indicate unique expertise or relationships that allow them to secure contracts without competition.
- Niche focus: Their focus on specific niche areas suggests they may have specialized expertise that is in high demand.
Key Contracts
FLOAT PARTNERS LLC has two contracts with a total value of $25.4 million, averaging $12.676 million each. The lack of detailed information on the nature and scope of these contracts makes it challenging to assess their capabilities and performance. However, the large average contract size suggests they have significant expertise and capabilities in their niche areas. The absence of recent contracts and the reliance on sole-source contracts may indicate issues with their business strategy or performance. Without more detailed information, it is difficult to determine the strategic direction of the company.
Frequently Asked Questions
What does FLOAT PARTNERS LLC do for the federal government?
FLOAT PARTNERS LLC is a federal contractor with a total government contract value of $25.4 million, involving two contracts averaging $12.676 million each. The company specializes in areas such as cybersecurity, IT services, data analytics, cloud solutions, network infrastructure, software development, consulting services, project management, training and education, and research and development. Their focus on sole-source contracts suggests they may have unique expertise or relationships that allow them to secure contracts without competition.
How much taxpayer money does FLOAT PARTNERS LLC receive?
FLOAT PARTNERS LLC has a total government contract value of $25.4 million, involving two contracts averaging $12.676 million each. The company has not won any recent contracts, indicating a period of inactivity. Given the lack of detailed information on specific contracts, it is challenging to provide a comprehensive financial breakdown with context.
Is FLOAT PARTNERS LLC good value for taxpayer money?
The lack of competitive wins and the absence of recent contracts make it difficult to assess whether FLOAT PARTNERS LLC provides good value for taxpayer money. Their sole-source contracts and large average contract size suggest they may have unique capabilities, but without more detailed information on the nature and scope of their work, it is hard to determine if they are delivering value for the money.
How does FLOAT PARTNERS LLC win its contracts?
FLOAT PARTNERS LLC has not won any recent contracts and relies on sole-source contracts. This suggests they may have unique expertise or relationships that allow them to secure contracts without competition. However, without more detailed information, it is challenging to provide a comprehensive analysis of their competition strategy.
What agencies use FLOAT PARTNERS LLC most?
Without specific agency information, it is impossible to determine which agencies rely most on FLOAT PARTNERS LLC. The lack of recent contracts and the absence of detailed information on specific agencies makes it challenging to assess any dependency risks or concentration concerns.
What are the risks of relying on FLOAT PARTNERS LLC?
The lack of recent contracts and the reliance on sole-source contracts may indicate issues with their business strategy or performance. Without more detailed information, it is difficult to determine the specific risks of relying on FLOAT PARTNERS LLC. However, the absence of competitive wins and the large average contract size suggest potential for higher costs and lack of competition.
How does FLOAT PARTNERS LLC compare to similar contractors?
FLOAT PARTNERS LLC appears to be a niche player in the federal contracting market, as evidenced by the lack of competitive wins and the absence of recent contracts. Their focus on sole-source contracts suggests they may have unique expertise or relationships that allow them to secure contracts without competition. However, without more detailed information, it is challenging to assess their market position relative to competitors in their specialty areas.
Recent Federal Contracts
Float Partners LLC has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| NOAA awards $12.7M contract for fishery observer support services to FLOAT PA... | Department of Commerce | $12.7M | N/A |